Reflections on the general theory of second best at its golden jubilee

Athanasiou, L. (1966). Some notes on the theory of second best. Oxford Economic Papers, 18(1), 83–87, March.

Atkinson, A. B., & Stiglitz, J. E. (1976). The design of the tax structure: direct versus indirect taxation. Journal of Public Economics, 6, 55–75.

Baumol, W. J. (2002). The free market innovation machine. Princeton: Princeton University Press.

Bhagwati, J. N. (1971). The generalized theory of distortions and welfare. In J. N. Bhagwati, R. W. Jones, R. Mundell, & J. Vanek (Eds.), Trade, balance of payments and growth: papers in international economics in honor of V. Charles P. Kindleberger (pp. 69–90). Amsterdam: North-Holland.

Bhagwati, J. N., Ramaswami, V. K., & Srinivasan, T. N. (1969). Domestic distortions, tariffs, and the theory of optimum subsidy: some further results. Journal of Political Economy, 77, 1005–1019.

Blaug, M. (1997). Competition as an end-state and competition as a process. In Trade technology and economics: essays in honour of Richard G. Lipsey (pp. 241–261). Cheltenham: Edward Elgar.

Blaug, M. (2007). The fundamental theorems of modern welfare economics, historically contemplated. History of Political Economy, 32(2), 186–207.

Boadway, R. (1997a). The role of second-best theory in public economics. In B. C. Eaton, & R. G. Harris (Eds.), Trade, technology and economics essays in honour of Richard G. Lipsey (pp. 3–25). Cheltenham: Edward Elgar.

Boadway, R. (1997b). Public economics and the theory of public policy. The Canadian Journal of Economics, 30, 753–772.

Bohm, P. (1967). On the theory of ‘second best’. Review of Economic Studies, 34, 301–314.

Bohm, P. (1987). Second best. In J. Eatwell, M. Milgate, & P. Newman (Eds.), The new palgrave, a dictionary of economics (pp. 280–283). London: Macmillan.

Corlett, W. J., & Hague, D. C. (1953–1954). Complementarity and the excess burden of taxation. The Review of Economic Studies, 21, 21–30.

Davis, O. A., & Whinston, A. B. (1965). Welfare economics and the theory of second best. Review of Economic Studies, 32, 1–14.

Davis, O. A., & Whinston, A. B. (1967). Piecemeal policy in the theory of second best. Review of Economic Studies, 34, 323–331.

de Graff, J. (1957). Theoretical welfare economics. Cambridge: Cambridge University Press.

Dertouzos, M. L., Lester, R., & Solow, R. (1989). Made in America: regaining the productive edge. London: MIT Press.

Eaton, B. C., & Lipsey, R. G. (1976). The non-uniqueness of equilibrium in the Loschian model of spatial location. American Economic Review, 66, 77–93.

Eaton, B. C., & Lipsey, R. G. (1978). Freedom of entry and the existence of pure profit. Economic Journal, 88, 455–469.

Eaton, B. C., & Lipsey, R. G. (1989). Product differentiation. In R. Schmalensee, & R. Willig (Eds.), Handbook of industrial organization (pp. 725–768). Amsterdam: North Holland.

Eaton, B. C., & Lipsey, R. G. (1997). On the foundations of monopolistic competition and economic geography: the selected essays of B. Curtis Eaton and Richard G. Lipsey. Cheltenham: Edward Elgar.

Faith, R. L., & Thompson, E. A. (1981). A paradox in the theory of second best. Economic Inquiry, XIX, 235–244.

Griffiths, P. (2003). The economist’s tale: a consultant encounters hunger and the World Bank. New York: ZED Books.

Harberger, A. C. (1971). Three basic postulates for applied welfare economics: an interpretive essay. Journal of Economic Literature, 9, 785–797.

Hatta, T. (1986). Welfare effects of changing commodity tax rates towards uniformity. Journal of Public Economics, 29, 99–112.

Hoff, K. (2001). Second and third best theories. In J. Michie (Ed.), Reader’s guide to the social sciences. London: Fitzroy Dearborn.

Knight, F. H. (1921). Risk, uncertainty and profit. New York: Houghton Mifflin Co.

Layard, R. (2005). Happiness: lessons for a new science. London: Penguin Books.

Lipsey, R. G. (1957). The theory of customs unions: trade diversion and welfare. Economica, 24, 40–46, February.

Lipsey, R. G. (1970). The theory of customs unions: a general equilibrium analysis. London: Weidenfeld & Nicolson. A late publication of the 1957 Ph.D. thesis by the same name.

Lipsey, R. G. (1997). The selected essays of Richard Lipsey: Volume I: microeconomics, growth and political economy. Cheltenham: Edward Elgar.

Lipsey, R. G., & Lancaster, K. (1956). The general theory of second best. The Review of Economic Studies, 24, 11–32. Reprinted with errors corrected in Lipsey 1997.

Lipsey, R. G., Carlaw, K. I., & Bekar, C. (2005). Economic transformations: general purpose technologies and long-term economic growth. Oxford: Oxford University Press.

Little, I. M. D. (1951). Direct versus indirect taxes. The Economic Journal, 61(243), 577–584, September.

Little, I. M. D. (1957). A critique of welfare economics (2nd ed.). Oxford: Clarendon Press.

Mas-Colell, A., Whinston, M.D., & Green, R.J. (1995). Microeconomic theory. New York: Oxford University Press.

McKee, M., & West, E. G. (1981). The theory of second best: a solution in search of a problem. Economic Inquiry, XIX, 436–448.

McManus, M. (1958–1959). Comments on the general theory of second best. Review of Economic Studies, 26, 209–224.

Ng, Y.-K. (1977). Towards a theory of third-best. Public Finance, 32(1), 1–13.

Ozga, S. A. (1955). An essay in the theory of tariffs. Journal of Political Economy, 63, 489–499, December.

Samuelson, P. A. (1947). Foundations of economic analysis. Cambridge: Harvard University Press.

Starr, R. M. (1997). General equilibrium theory: an introduction. Cambridge: Cambridge University Press.

Viner, J. (1950). The customs union issue. New York: Carnegie Endowment of International Peace.