Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political E

This book explains and assesses the ways in which micro, welfare and benefit-cost economists view the world of public policy. In general terms, microeconomic co

Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very