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福利经济学的概念
Welfare economics is a branch of economics that uses microeconomic techniques to simultaneously determine allocative efficiency within an economy and the income distribution associated with it. It analyzes social welfare, however measured, in terms of economic activities of the individuals that comprise the theoretical society considered. As such, individuals, with associated economic activities, are the basic units for aggregating to social welfare, whether of a group, a community, or a society, and there is no “social welfare” apart from the “welfare” associated with its individual units. Here, “welfare” in its most general sense refers to well-being.
社会福利及其两大测量方式
Social welfare refers to the overall welfare of society. With sufficiently strong assumptions, it can be specified as the summation of the welfare of all the individuals in the society. Welfare may be measured either cardinally in terms of “utils” or dollars, or measured ordinally in terms of Pareto efficiency. The cardinal method in “utils” is seldom used in pure theory today because of aggregation problems that make the meaning of the method doubtful, except on widely challenged underlying assumptions. In applied welfare economics, such as in cost-benefit analysis, money-value estimates are often used, particularly where income-distribution effects are factored into the analysis or seem unlikely to undercut the analysis.
There are two sides to welfare economics: economic efficiency and income distribution. Economic
efficiency is largely positive and deals with the “size of the pie”. Income distribution is much more normative and deals with “dividing up the pie”.
贸易
Trade is the voluntary exchange of goods, services, or both, and a form of economics. A mechanism that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Modern traders instead generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade.
Trade exists for many reasons. Because of specialization and division of labor, most people concentrate on a small aspect of manufacturing or service, trading their labor for products. Trade exists between regions because different regions have an absolute or comparative advantage in the production of some tradable commodity, or because different regions’ size allows for the benefits of mass production.
