Pope Benedict XVIs new encyclical letter, Caritas in Veritate, in paragraph 46 speaks of an economy of communion. As John Allen remarked in a July 7 interview with Mundell & Associates, an Indiana-based Economy of Communion business, The Economy of communion was cited by Benedict XVI as a promising form of intermediate activity between for-profit business and classic non-profit institutions, rupturing what the pope called an exclusively binary model of market-plus-state which is corrosive of society. Using the language of economics, the articles in this volume convey the principles at the...

There has been a resurgence of interest in the work of Vilfredo Pareto, one of the founders of modern economics. This text reconstructs the genesis and significance of Pareto's "theory of choice" which is Pareto's greatest contribution to economic science and which was used by John Hicks, amongst others, to develop microeconomics. Hicks, Allen, Samuelson and others acknowledged Pareto as the father of the new ordinalist microeconomists but at the same time, portrayed him as confused and contradictory, caught between the old and the new paradigms. Luigino Bruni argues that Pareto's revolution...

Offering a thorough assessment of the recent developments in the economic literature on happiness and quality of life, this Handbook astutely considers both methods of estimation and policy application. The expert contributors critically present in-depth research on a wide range of topics including culture and media, inequality, and the relational and emotional side of human life. Accessible and far-reaching, it will prove an invaluable resource for students and scholars of welfare and economics.

The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse.

This collection brings together major Pareto scholars who examined the various aspects of Pareto's thinking, from the point of view both of the history of economics and economic theory.

The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse.

Exploring the modern approach to the economics of happiness, which came about with the Easterlin Paradox, this book analyses and assesses the idea that as a country gets richer the happiness of its citizens remains the same. The book moves through three distinct pillars of study in the field: first analysing the historical and philosophical foundations of the debate; then the methodological and measurements issues and their political implications; and finally empirical applications and discussion about what determines a happy life. A Modern Guide to the Economics of Happiness extends the...