Cambridge University Press (2006)

Debra Satz
Stanford University
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 discusses freedom, rights, equality, and justice - moral notions that are relevant to evaluating policies, but which have played little if any role in conventional welfare economics. Finally, Part IV explores work in social choice theory and game theory that is relevant to moral decision making. Each chapter includes recommended reading and discussion questions.
Keywords Economics Moral and ethical aspects  Ethics  Political planning
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Reprint years 2010, 2016, 2018
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Call number HB72.H357 2006
ISBN(s) 052160866X   0521846293   9781316944530   1316610888   9780521846295   1139450654   9781107158313   9780511754289   9781139450652   9781316663011   9780511144929   9781316610886   1107158311   9780521608664
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Philosophy of Economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
The Eclipse of Value-Free Economics. The Concept of Multiple Self Versus Homo Economicus.Aleksander Ostapiuk - 2020 - Wrocław, Polska: Publishing House of Wroclaw University of Economics and Business.
Are Measures of Well-Being Philosophically Adequate?Willem van der Deijl - 2017 - Philosophy of the Social Sciences 47 (3):209-234.

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