4 found
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  1. Rawls on Just Savings and Economic Growth.Marcos Picchio - 2024 - Journal of Ethics and Social Philosophy 27 (2):341-370.
    In this article, I address a controversial aspect of Rawls’s treatment of the question of justice between generations: how the parties in the original position could be motivated to select Rawls’s preferred principle of intergenerational savings, which he dubs the just savings principle. I focus on the explanation found in his later work, where he proposes that the correct savings principle is the principle that any generation would have wanted preceding generations to have followed. By expanding upon this explanation, I (...)
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  2. What is the standard of care in experimental development economics?Marcos Picchio - 2024 - Politics, Philosophy and Economics 23 (2):205-226.
    A central feature of experimental development economics is the use of randomized controlled trials (RCTs) to evaluate the effectiveness of prospective socioeconomic interventions. The use of RCTs in development economics raises a host of ethical issues which are just beginning to be explored. In this article, I address one ethical issue in particular: the routine use of the status quo as a control when designing and conducting a development RCT. Drawing on the literature on the principle of standard care in (...)
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  3. When the “realism of assumptions” mattered: Milton Friedman's critique of the Phillips curve.Marcos Picchio - 2022 - Studies in History and Philosophy of Science 94 (C):8-16.
    In this paper I challenge the pernicious aspects of Milton Friedman's methodological outlook that continues to hold sway over mainstream neoclassical economists. I do this by showing how Friedman's own methodological dicta could have been used against him when he famously advanced the expectations critique of the Phillips curve at his presidential address to the American Economic Association. I use this case study to further suggest that psychological and neurophysiological data should not be deemed irrelevant to economic science.
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  4. Being Good in a World of Need, Larry S. Temkin. Oxford University Press, 2022, 432 pages. [REVIEW]Marcos Picchio - 2023 - Economics and Philosophy 39 (3):516-521.