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The Economic Role of Government As, In Part, A Matter of Selective Perception, Sentiment and Valuation: The Cases of Pigovian and Paretian Welfare Economics

In: Economics, Governance and Law

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  • Steven G. Medema

Abstract

This coherent collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the ‘rule of law’, the nature of property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics.

Suggested Citation

  • Steven G. Medema, 2002. "The Economic Role of Government As, In Part, A Matter of Selective Perception, Sentiment and Valuation: The Cases of Pigovian and Paretian Welfare Economics," Chapters, in: Economics, Governance and Law, chapter 12, pages 151-170, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2570_12
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    Economics and Finance;

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