Talk:Welfare economics

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Revision as of 04:15, 12 November 2007 by imported>Nick Gardner (→‎Unnecessary introductory matter: new section)
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 Definition:  The study of the social desireability of alternative arrangements of economic activity and alternative allocations of resources. [d] [e]
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Unnecessary introductory matter

It would be much better to go straight into the content of welfare economics and omit this introductory matter, which in any case is liable to confuse the reader. Welfare economics does not, in fact, have anything to say about equity, and it can better be presented as a purely technical examination of the means of pursuing the generally accepted economic objective of increasing welfare. Whether it is logical to refer to that as "normative" is a matter of word-play rather than of substance, and as such, better avoided. Nick Gardner 04:15, 12 November 2007 (CST)

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