Pigovian Welfare Economics (With Evaluation)
The below mentioned article provides an overview on Pigovian Welfare Economics. Arthur Cecil Pigou succeeded Prof. Marshall as the Professor of Economics at the University of Cambridge. After Marshall, he became the leading neo classical economist. He is the founder of "Welfare Economics" His leading ideas on welfare economics are found in his "Economics of Welfare" (1920). Prof. Pigou popularized [...]