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W.H. Hutt and the conceptualization of consumers’ sovereignty

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  • Maxime Desmarais-Tremblay

Abstract

This article examines the meaning of consumers’ sovereignty in the interwar thought of the economist William Harold Hutt. For Hutt, consumers’ sovereignty was an ideal, a norm against which economists could assess different economic systems. It connected the value of individual freedom, the commitment to a market society and an appeal to a liberal democracy. By coining the expression of consumers’ sovereignty, Hutt operated a creative re-description of the Millian idea of individual sovereignty which reflected the rise of the figure of the consumer in the public space. Hutt’s vision had been forged by the teaching he received at the London School of Economics and his involvement in the Individualist movement in the 1920s.

Suggested Citation

  • Maxime Desmarais-Tremblay, 2020. "W.H. Hutt and the conceptualization of consumers’ sovereignty," Oxford Economic Papers, Oxford University Press, vol. 72(4), pages 1050-1071.
  • Handle: RePEc:oup:oxecpp:v:72:y:2020:i:4:p:1050-1071.
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    File URL: http://hdl.handle.net/10.1093/oep/gpaa015
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    Cited by:

    1. Antoinette Baujard, 2021. "Values in Welfare economics," Working Papers halshs-03244909, HAL.
    2. Guilhem Lecouteux, 2021. "Who's Afraid of Incoherence? Behavioural Welfare Economics and the Sovereignty of the Neoclassical Consumer," GREDEG Working Papers 2021-01, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

    More about this item

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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