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Economics as Applied Ethics : Fact and Value in Economic Policy /

This important textbook has been revised and updated to continue its focus on the link between ethics and economic policy analysis, whilst ensuring that perspectives addressing the moral limits of the market, latest behavioural economics literature, and the changes in inequality over the years are i...

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Bibliographic Details
Main Authors: Beckerman, Wilfred. (Author)
Corporate Authors: SpringerLink (Online service)
Published: Springer International Publishing : Imprint: Palgrave Macmillan,
Publisher Address: Cham :
Publication Dates: 2017.
Literature type: eBook
Language: English
Edition: Second edition.
Subjects:
Political Economy.
Economic Theory.
Welfare economics.
Public finance.
Economics.
Social Choice/Welfare Economics/Public Choice.
Economic Theory/Quantitative Economics/Mathematical Methods.
Public Economics.
Online Access: http://dx.doi.org/10.1007/978-3-319-50319-6
Summary: This important textbook has been revised and updated to continue its focus on the link between ethics and economic policy analysis, whilst ensuring that perspectives addressing the moral limits of the market, latest behavioural economics literature, and the changes in inequality over the years are included. Basic philosophical concepts are systematically described, followed by conventional welfare economic theory and policy, and applications to some topical economic problems such as income distribution and sustainable development. .
Carrier Form: 1 online resource : illustrations
ISBN: 9783319503196
Index Number: HB846
CLC: F0
Contents: Part 1. Basic Principles -- 1. Preview -- 2. The Main Concepts -- 3. Fact and Value in Personal Choice -- 4. How to Make Bad Choices -- 5. Fact and Value in Economic Policy: three examples -- 6. From Economic Efficiency to Economic Welfare -- 7. The Social Welfare Function -- 8. The Mindless Society -- 9. Utilitarianism: The Search For A Single Over-riding Value -- 10 Constraints on Utilitarianism -- Part 2. Applications -- 11. GDP and Friends -- 12. Happiness -- 13. The Most Important Price: The Discount Rate -- 14. The Price of life -- 15. Equality: Fact or Value -- 16. Equality of What? -- 17. The Boundary of Society in Space -- Annex to Chapter 17: How to share out equitably he burden of combating climate change -- 18. The Boundary of Society in Time -- 19. Overview: The Role of Welfare Economics.

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