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Published in: Public Choice 3-4/2015

01-03-2015 | Book Review

Massimo Florio, Applied welfare economics: cost–benefit analysis of projects and policies

New York, NY: Routledge, 2014, xxv + 409 pages. USD 69.95 (paper)

Author: David Hollanders

Published in: Public Choice | Issue 3-4/2015

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Excerpt

Few books have to combine as many virtues as do economic textbooks. A textbook needs to explain theories in an accessible yet correct and rigorous way. Ideally, textbooks communicate that economics is a pluriform endeavour with different theoretical perspectives, without getting side tracked. And they are only fully satisfactory if theoretical insights come with empirical applications, which in turn should not be out dated a few years after publication. This is all to say that economic textbooks can, and indeed should, be evaluated with several criteria. It follows that no textbook is perfect, but that in turn implies that every new textbook can potentially add value. …

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Metadata
Title
Massimo Florio, Applied welfare economics: cost–benefit analysis of projects and policies
New York, NY: Routledge, 2014, xxv + 409 pages. USD 69.95 (paper)
Author
David Hollanders
Publication date
01-03-2015
Publisher
Springer US
Published in
Public Choice / Issue 3-4/2015
Print ISSN: 0048-5829
Electronic ISSN: 1573-7101
DOI
https://doi.org/10.1007/s11127-014-0229-4

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