What are the fundamental theorems of welfare economics?

Sep 8, 2022 ... Major studies show that mainstream economics provides theories of inequality and unsustainability. However, the theories of causation utilized remain largely ... The mainstream economic approach is doggedly nonjudgmental about people's preferences: what the individual wants is presumed to be good for that individual. The Inclusive Wealth Index (IWI) is built on mainstream sustainability economics, where sustainability is defined as a sum of capital assets weighted ... Jan 12, 2023 ... Some new research findings, I left wondering whether mainstream economists, as a group, are out‐ of‐ touch. This project focuses on a few of the complexities generated by a growth-oriented economy in Northern Utah. Sep 14, 2016 ... In my view, mainstream economists overlook or forget about the role inequality plays, especially in macroeconomic events, for two major reasons. Nov 19, 2020 ... Neoclassical economics is current economic theory as we teach it. But rather than writing that straight down I figured I'd better go and check. Feb 6, 2025 ... It infiltrates paid jobs, eroding rights and deepening inequality. From freelancers' extra hours to care workers' unpaid duties, it sustains ... Jul 11, 2014 ... ... mainstream economics. Today, I believe, mainstream economics is completely incoherent. What do I mean by that? Well, basically if you are in ... Nov 3, 2017 ... If we're viewing particular capital goods, such as a tractor, then their marginal product doesn't equal an interest rate—that doesn't even have ...