chapter Introduction to Political Economy -- chapter Copyright -- chapter Contents -- part Part One: The agenda of political economy -- chapter 1 Introductory observations -- chapter 2 The resistance to a prescriptive economics -- chapter 3 The nature of the economist’s efficiency criterion -- chapter 4 The rationale of the economist’s efficiency criterion -- chapter 5 Things to come: a preview -- chapter 6 The basic economic assumptions -- part Part Two: Allocation within a partial economic context -- chapter 7 Uses and limitations of a partial economic context -- chapter 8 The key concepts of social value and social opportunity cost -- chapter 9 Consumer surplus: a measure of welfare change -- chapter 10 The difficulty of measuring rent -- chapter 11 The allocative virtues of a competitive economy -- chapter 12 Marginal cost pricing -- chapter 13 Second best and third best -- part Part Three: Collective goods and bads -- chapter 14 Can the market cope with externalities? -- chapter 15 Diminishing returns to agriculture as an instance of externalities -- chapter 16 Environmental spillovers: what difference does the law make? -- chapter 17 Non-environmental spillovers: some ethical questions -- chapter 18 Favourable spillovers and collective goods -- part Part Four: Resource allocation within a general context -- chapter 19 Uses of a general economic context -- chapter 20 Optimality for the economy -- chapter 21 What is an efficient distribution of goods? -- chapter 22 Economic efficiency: a paradox -- chapter 23 Pareto optimality: an empty vessel -- chapter 24 Resolving the apparent paradox -- part Part Five: Sources of economic failure in a technological age -- chapter 25 Introductory remarks -- chapter 26 The folklore of the market 1 -- chapter 27 The folklore of the market 2 -- chapter 28 Economic expertise in an age of rapid innovation --
chapter 29 The limits of abundance: a conservative critique 1 -- chapter 30 The limits of abundance: a conservative critique 2 -- chapter 31 Concluding remarks.