ABSTRACT

Although non-Paretian approaches to welfare economics receive considerable attention outside of mainstream economics, they have not received much critical scrutiny. Non-Paretian welfare frameworks, while not necessarily wrong in their present form, are seriously incomplete. I will discuss whether a non-Paretian welfare economics can avoid collapsing into Paretianism, and still serve as a promising model for policy analysis. I warn the reader in advance that no definitive conclusions will be offered.