KVASNIČKA, Michal. Rothbard´s Welfare Theory: A Critique. New Perspectives on Political Economy. Praha: FNH VSE a Liberální institut, 2008, vol. 4, No 1, p. 41–51, 12 pp. ISSN 1801-0938.
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Basic information
Original name Rothbard´s Welfare Theory: A Critique
Name in Czech Kritika Rothbardovy ekonomie blahobytu
Authors KVASNIČKA, Michal (203 Czech Republic, guarantor, belonging to the institution).
Edition New Perspectives on Political Economy, Praha, FNH VSE a Liberální institut, 2008, 1801-0938.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/00216224:14560/08:00033917
Organization unit Faculty of Economics and Administration
Keywords in English Rothbard; welfare economics
Tags Rothbard, welfare economics
Tags International impact, Reviewed
Changed by Changed by: Ing. Michal Kvasnička, Ph.D., učo 847. Changed: 29/3/2013 15:08.
Abstract
This paper analyzes Rothbard's welfare theory. It differs from other critiques of the theory in that it does not analyze the context of the theory but only its coherency and consistency with the rest of Rothbard's analysis. It shows that the theory is invalid and should be rejected because it is incoherent (its two welfare theorems cannot be defended at the same time), and inconsistent with Rothbard's own claims made elsewhere.
Abstract (in Czech)
Text analyzuje Rothbardovu teorii blahobytu. Od jiných jejích kritik se liší tím, že neanalyzuje kontext teorie, ale pouze její vnitřní soudržnost a konzistenci s Rotbardovou vlastní analýzou. Ukzauje, že teorie je invalidní a měla by být zavržena, protoze je nekohorentní (její dva welfare teorémy nelze hájit zaráz) a je nekonzistentní i s Rothbardovými vlastními tvrzeními jinde.
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