This article proposes a new social welfare measure based on Aristotle's theory of reciprocity. Unlike existing metrics of social welfare, the proposed Aristotelian social welfare function measures ...

A mother with her 4-year-old son in Boston, Massachusetts. (Reuters / Brian Snyder) By signing up, you confirm that you are over the age of 16 and agree to receive occasional promotional offers for ...

While income inequality has been rising in a number of rich and developing countries, the trend is not universal, with inequality staying the same in some countries, and falling in others. Over the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

A PRISONER managed to give officials the slip at the District Jail and escaped on the concluding day of the Prisoners? Welfare Function on Tuesday. A PRISONER managed to give officials the slip at the ...