IDEAS home Printed from https://ideas.repec.org/a/hit/ecorev/v65y2014i2p97-112.html
   My bibliography  Save this article

Some Origins of Welfare Economics-Marshall, Ruskin and Tokuzo Fukuda-

Author

Listed:
  • Nishizawa, Tamotsu

Abstract

This paper investigates the origins of welfare economics starting from its formative age. Pigou's Economics of Welfare started a history of 'old' and 'new' welfare economics based on economic welfarism. But at that time there were multiple economic ideas on welfare. While the main stream was the Cambridge school using a neo-classical approach, there was also the Oxford approach. 'Another economics of welfare', developed by people like Hobson, and emanating from Ruskin's 'no wealth but life', was quite influential. This paper, considering the origin of non-welfaristic economics of welfare, re-examines Marshall's welfare and his organic growth theory. The paper points out some commonality between Marshall's ideas and Ruskin's, and make clearer the existence of the non-welfaristic economic ideas by referring to Fukuda's welfare economic studies.

Suggested Citation

  • Nishizawa, Tamotsu, 2014. "Some Origins of Welfare Economics-Marshall, Ruskin and Tokuzo Fukuda-," Economic Review, Hitotsubashi University, vol. 65(2), pages 97-112, April.
    • Handle: RePEc:hit:ecorev:v:65:y:2014:i:2:p:97-112
    DOI: 10.15057/27353
    as

    Download full text from publisher

    File URL: http://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/27353/keizaikenkyu06502097.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.15057/27353?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hit:ecorev:v:65:y:2014:i:2:p:97-112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Digital Resources Section, Hitotsubashi University Library (email available below). General contact details of provider: https://edirc.repec.org/data/iehitjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.