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The Economics of Edwin Chadwick

Listed author(s):
  • Robert B. Ekelund Jr
  • Edward O. Price III

The authors detail Sir Edwin Chadwick’s sophisticated conceptions of moral hazard, common pool problems, asymmetric information, and theory of competition, all of which differ starkly from those promulgated by Adam Smith and other classical economists. Also examined are Chadwick’s views on government versus market role in dealing with problems created by natural monopoly, and whether some or all market problems justify government regulation or alterations of property rights. The authors investigate Chadwick’s utilitarian approach to labor, business cycles, and economic growth, contrasting his modern view with those of his classical economic contemporaries.

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This book is provided by Edward Elgar Publishing in its series Books with number 14915 and published in 2012.
ISBN: 9781781005033
Handle: RePEc:elg:eebook:14915
Contact details of provider: Web page: http://www.e-elgar.com

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The following chapters of this book are listed in IDEAS:

References listed on IDEAS
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  1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
  2. repec:ucp:bkecon:9780226199993 is not listed on IDEAS
  3. Robert B. Ekelund, Jr. & Edward O. Price III, 1979. "Sir Edwin Chadwick on Competition and the Social Control of Industry: Railroads," History of Political Economy, Duke University Press, vol. 11(2), pages 213-239, Summer.
  4. Smith, Adam, 1759. "The Theory of Moral Sentiments," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1759, November.
  5. Libecap, Gary D & Wiggins, Steven N, 1984. "Contractual Responses to the Common Pool: Prorationing of Crude Oil Production," American Economic Review, American Economic Association, vol. 74(1), pages 87-98, March.
  6. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters,in: Essays in the Economics of Crime and Punishment, pages 1-54 National Bureau of Economic Research, Inc.
  7. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
  8. Telser, Lester G, 1969. "On the Regulation of Industry: A Note," Journal of Political Economy, University of Chicago Press, vol. 77(6), pages 937-952, Nov./Dec..
  9. George J. Stigler, 1974. "The Optimum Enforcement of Laws," NBER Chapters,in: Essays in the Economics of Crime and Punishment, pages 55-67 National Bureau of Economic Research, Inc.
  10. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
  11. Hazlett, Thomas W, 1991. "The Demand to Regulate Franchise Monopoly: Evidence from CATV Rate Deregulation in California," Economic Inquiry, Western Economic Association International, vol. 29(2), pages 275-296, April.
  12. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
  13. William S. Comanor & Bridger M. Mitchell, 1971. "Cable Television and the Impact of Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 154-212, Spring.
  14. Ekelund, Robert B, Jr & Higgins, Richard S, 1982. "Capital Fixity, Innovations, and Long-Term Contracting: An Intertemporal Economic Theory of Regulation," American Economic Review, American Economic Association, vol. 72(1), pages 32-46, March.
  15. Robert B. Ekelund, Jr. & Mark Thornton, 1991. "Geometric Analogies and Market Demand Estimation: Dupuit and the French Contribution," History of Political Economy, Duke University Press, vol. 23(3), pages 397-418, Fall.
  16. Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776, November.
  17. Melvin Cross & Robert B. Ekelund, Jr., 1980. "A. T. Hadley on Monopoly Theory and Railway Regulation: an American Contribution to Economic Analysis and Policy," History of Political Economy, Duke University Press, vol. 12(2), pages 214-233, Summer.
  18. Blaug, Mark, 1964. "The Poor Law Report Reexamined," The Journal of Economic History, Cambridge University Press, vol. 24(02), pages 229-245, June.
  19. Crain, William Mark & Ekelund, Robert B, Jr, 1976. "Chadwick and Demsetz on Competition and Regulation," Journal of Law and Economics, University of Chicago Press, vol. 19(1), pages 149-162, April.
  20. Bentham, Jeremy, 1781. "An Introduction to the Principles of Morals and Legislation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number bentham1781, November.
  21. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
  22. Mark Thornton, 1994. "The economics of prohibition," Chapters,in: The Elgar Companion to Austrian Economics, chapter 51 Edward Elgar Publishing.
  23. Ekelund, Robert Jr., 1971. "Economic empiricism in the writing of early railway engineers," Explorations in Economic History, Elsevier, vol. 9(1), pages 179-196.
  24. Demsetz Harold, 2011. "The Problem of Social Cost: What Problem? A Critique of the Reasoning of A.C. Pigou and R.H. Coase," Review of Law & Economics, De Gruyter, vol. 7(1), pages 1-13, February.
  25. William D. Grampp, 2000. "What Did Smith Mean by the Invisible Hand?," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 441-465, June.
  26. F. H. Knight, 1924. "Some Fallacies in the Interpretation of Social Cost," The Quarterly Journal of Economics, Oxford University Press, vol. 38(4), pages 582-606.
  27. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
  28. Richard A. Posner, 1972. "The Appropriate Scope of Regulation in the Cable Television Industry," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 98-129, Spring.
  29. Ekelund, Robert B. & Dorton, Cheryl, 2003. "Criminal justice institutions as a common pool: the 19th century analysis of Edwin Chadwick," Journal of Economic Behavior & Organization, Elsevier, vol. 50(3), pages 271-294, March.
  30. Robert N. Rubinovitz, 1993. "Market Power and Price Increases for Basic Cable Service Since Deregulation," RAND Journal of Economics, The RAND Corporation, vol. 24(1), pages 1-18, Spring.
  31. Haas-Wilson, Deborah, 1986. "The Effect of Commercial Practice Restrictions: The Case of Optometry," Journal of Law and Economics, University of Chicago Press, vol. 29(1), pages 165-186, April.
  32. Marvel, Howard P, 1977. "Factory Regulation: A Reinterpretation of Early English Experience," Journal of Law and Economics, University of Chicago Press, vol. 20(2), pages 379-402, October.
  33. Robert B. Ekelund, Jr. & Douglas M. Walker, 1996. "J. S. Mill on the Income Tax Exemption and Inheritance Taxes: The Evidence Reconsidered," History of Political Economy, Duke University Press, vol. 28(4), pages 559-581, Winter.
  34. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
  35. Ehrlich, Isaac, 1973. "Participation in Illegitimate Activities: A Theoretical and Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 521-565, May-June.
  36. Beil, Richard O, Jr. & Dazzio Jr., Thomas & Ekelund Jr., Robert B. & Jackson, John D., 1993. "Competition and the Price of Municipal Cable Television Services: An Empirical Study," Journal of Regulatory Economics, Springer, vol. 5(4), pages 401-415, December.
  37. Don Patinkin, 1947. "Multiple-Plant Firms, Cartels, and Imperfect Competition," The Quarterly Journal of Economics, Oxford University Press, vol. 61(2), pages 173-205.
  38. Ekelund, Robert B, Jr & Ford, George S, 1997. "Nineteenth Century Urban Market Failure?: Chadwick on Funeral Industry Regulation," Journal of Regulatory Economics, Springer, vol. 12(1), pages 27-51, July.
  39. Victor P. Goldberg, 1976. "Regulation and Administered Contracts," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 426-448, Autumn.
  40. Oliver E. Williamson, 1976. "Franchise Bidding for Natural Monopolies -- in General and with Respect to CATV," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 73-104, Spring.
  41. Robert M. Spann & Edward W. Erickson, 1970. "The Economics of Railroading: The Beginning of Cartelization and Regulation," Bell Journal of Economics, The RAND Corporation, vol. 1(2), pages 227-244, Autumn.
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