The Just Economy
Book description
First published in 1979, this fourth part of Principles of Political Economy applies the tools of economic analysis to the distribution of income and property. Professor Meade considers the problems of making interpersonal comparisons of welfare and of distinguishing between the efficiency and distributional aspects of changes in social welfare.…
Why read it?
1 author picked The Just Economy as one of their favorite books. Why do they recommend it?
Winner of the Nobel Prize for Economics in 1977, Meade was on the moderate left.
He wanted a more just economy but did not advocate jettisoning capitalism. Here he gives his analysis of various economic problems, what causes economic injustice, and how to make this right.
The book can get technical at times, but his analyses and proposed solutions are as relevant today as they were when they were first presented.
Meade’s work was one of the inspirations for John Rawls, A Theory of Justice, the most important work of liberal political philosophy of the twentieth century.
From Mark's list on what causes economic injustice.
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