The paper shows that if utility is cardinally measurable and fully interpersonally comparable and the utility profile satisfies (a) a happier person has lower marginal utility of the numeraire or wealth, and (b) “everybody is equally unhappy in hell,” the utilitarian criterion is egalitarian for quasilinear economies or Gorman-form preferences . JEL Classification: D6

minoo ’s ahriman is a term for discovering ahriman in the world of minoo: a world where it’s creatures are invisible, undesirable, and without a body . in this article, minoo’s ahriman in the avesta and the pahlavi texts are surveyed. in gahan, ahriman exists as the evil nature as opposed to the good nature that leads to his creation in the haftha. in new avesta the minavi existence continues w...

In models with a representative infinitely lived household, modern versions of tax smoothing imply that the steady-state of government debt should follow a random walk. This is unlikely to be the case in OLG economies, where, the equilibrium interest rate may differ from the policy-maker’s rate of time preference such that it may be optimal to reduce debt today to reduce distortionary taxation ...

During the last 10 years, day programs for severely handicapped adults have become a fami­ liar component of community services. This paper examines the current status of those pro­ grams, with particular reference to the vocational options provided to participants. Concerns are raised about the lack of work opportunities, disincentives to work, lack of federal coordin­ ation, and absence of en...