Problems in estimating the value of household work

  1. Villota Villota, Francisco
Revista:
Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales

ISSN: 2255-5471

Año de publicación: 1989

Número: 17

Tipo: Documento de Trabajo

Otras publicaciones en: Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales

Resumen

The quantitative description of social systems is a broad and complicated task. Value judgements play as an important a role as the analytical aspects and the more purely statistical ones. The present state of social accounting reflects the predominance of economic ideology, that is to say it selects and emphasises those activities that are incorporated in a material and/or salable product. The 'social product' of Classic Economists or the national income of Marshall, was the key concept around which Pigou was to build his 'Welfare Economics' (1920), or 'New Plutology' as J. Hicks suggests.