First published in 1950, A Critique of Welfare Economics was enormously influential. It was concerned with the exposition, criticism, and appreciation of the theory of economic welfare as it had been developed to that date. Now reissued to coincide with the publication of Professor Little's new volume, Ethics, Economics, and Politics. The Critique benefits from a new preface in which the author assesses the contribution that it made in the light of subsequent literature in the area Contents 1 Utilitarian Economics 2 The Analysis of Consumers' Behaviour 3 The Choice Criterion 4 The Distribution of Welfare 5 Value Judgements and Welfare Economics 6 The New Welfare Economics (1): Welfare Criteria 7 The New Welfare Economics (2): The Economic Welfare Function 8 The 'Optimum' Conditions of Production and Exchange (1) 9 The 'Optimum' Conditions of Production and Exchange (2) 10 Indivisibilities and Consumers' Surplus 11 Output and Price Policy in Public Enterprise 12 The Valuation of the National Income 13 Welfare Theory and International Trade 14 Welfare Theory and Politics 15 Conclusions