The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics
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A groundbreaking intellectual biography of one of the twentieth century's most influential economists
The First Serious Optimist is an intellectual biography of the British economist A. C. Pigou (1877–1959), a founder of welfare economics and one of the twentieth century's most important and original thinkers. Though long overshadowed by his intellectual rival John Maynard Keynes, Pigou was instrumental in focusing economics on the public welfare. And his reputation is experiencing a renaiss...



