Richard Lipsey

Richard Lipsey

Richard George Lipsey, is a Canadian academic and economist. He is best known for his work on the economics of the second-best, a theory that demonstrated that piecemeal establishing of individual first best conditions would not necessarily raise welfare in a situation in which all first best conditions could not be satisfied, an article that he co-authored with Kelvin Lancaster, a mathematical economist of high standing. Wikipedia*

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Richard Lipsey has one video in the C-SPAN Video Library; the first appearance was a 2013 Interview.

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First Lieutenant, U.S. Army - c. December 31, 1963 Videos: 1

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* The first paragraph of this page uses material from the Wikipedia article 'Richard Lipsey', which is released under the Creative Commons Attribution-Share-Alike License 3.0. Footnotes and parentheticals have been removed.