ABSTRACT

This review of the second edition of I. M. D. Little, A Critique of Welfare Economics (London: Oxford University Press, 1957) appeared in The Economic Journal, vol. 69 (March 1959), pp. 124–29. It stimulated ‘Welfare Criteria: An exchange of notes’, by D. H. Robertson, Meade, Little, and E. J. Mishan, in The Economic Journal, vol. 72 (March 1962), pp. 226–244.