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A. C. Pigou’s rejection of Pareto’s law

Michael McLure.

in Cambridge Journal of Economics

July 2013; p ublished online October 2012 .

Journal Article. Subjects: Welfare and Poverty; Individual Economists; History of Economic Thought (to 1925). 6997 words.

In Pigou’s Wealth and Welfare, as well as in each of the four editions of his The Economics of Welfare, one chapter is dedicated entirely to the critical assessment, and ultimate rejection,...

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