This work investigates the conceptual tension between individual freedom and human happiness within the framework of economic thought and political philosophy. Edited by Ragip Ege and Herrade Igersheim, the text synthesizes diverse perspectives from classical and contemporary liberal traditions. The authors analyze how these two fundamental values, often presented as conflicting objectives in policy and ethics, might be reconciled through rigorous economic and philosophical inquiry.

Scholars and students of political economy frequently cite this collection as a useful resource for understanding the evolution of liberal thought regarding welfare. The text is noted for its academic rigor and its structured approach to bridging the gap between abstract philosophical debate and practical economic application.