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Economic analysis, moral philosophy, and public policy /

"This book shows through argument and numerous policy-related examples how understanding moral philosophy can improve economic analysis, how moral philosophy can benefit from economists' analytical tools, and how economic analysis and moral philosophy together can inform public policy. Par...

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Bibliographic Details
Group Author: Hausman, Daniel M., 1947; McPherson, Michael S; Satz, Debra
Published: Cambridge University Press,
Publisher Address: New York, NY :
Publication Dates: 2017.
Literature type: Book
Language: English
Edition: Third edition.
Subjects:
Economics > Moral and ethical aspects
Ethics
Political planning
Summary: "This book shows through argument and numerous policy-related examples how understanding moral philosophy can improve economic analysis, how moral philosophy can benefit from economists' analytical tools, and how economic analysis and moral philosophy together can inform public policy. Part I explores the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis. Part III di
Carrier Form: xx, 397 pages : illustrations ; 23 cm
Bibliography: Includes bibliographical references (pages 361-384) and index.
ISBN: 9781107158313 (hard back : alkaline paper) :
1107158311 (hard back : alkaline paper)
9781316610886 (paper back : alkaline paper)
1316610888 (paper back : alkaline paper)
Index Number: HB72
CLC: B82-053
Call Number: B82-053/H376/3rd ed.
Contents: 1. Ethics and economics? -- 2. Ethics in welfare economics -- 3. Ethics in positive economics: two examples -- Part I. Rationality, Morality, and Markets: 4. Rationality and utility theory -- 5. Rationality and morality in positive economics -- 6. The ethical limits to markets -- Part II. Welfare and Consequences: 7. Utilitarianism, consequentialism, and justice -- 8. Welfare -- 9. Welfare economics -- Part III. Liberty, Rights, Equality and Justice: 10. Liberty, rights and libertarianism -- 11. Equality and egalitarianism -- 12. Justice and contractualism -- Part IV. Moral Mathematics: 13.

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