Bibliographic Information

Economic analysis and moral philosophy

Daniel M. Hausman, Michael S. McPherson

(Cambridge surveys of economic literature)

Cambridge University Press, 1996

  • : hbk
  • : pbk

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Understanding moral philosophy can lead to better economics. Conversely, economic insights and analytical tools can help philosophers. This book draws these two ideas together. Part I focuses on rationality and argues that, in defending their model of rationality, economists find themselves espousing fragments of a highly contestable moral theory. In Part II the authors consider the dubious theory of welfare implicit in standard evaluations of welfare economics and utilitarianism. Part III of this book is concerned with freedom, rights, equality, and justice, which are also important in evaluating economic policies and institutions. Part IV shows that technical work in economics is guided by ethical concepts and is relevant to moral theorizing.

Table of Contents

  • Introduction
  • 1. Ethics and economics
  • 2. Two examples
  • Part I. Rationality and Morality: 3. Rationality
  • 4. Rationality in positive and normative economics
  • 5. Rationality, norms and morality
  • Part II. Welfare and Consequences: 6. Welfare
  • 7. Efficiency
  • 8. Utilitarianism and consequentialism
  • Part III. Libert, Rights, Equality and Justice: 9. Liberty, rights and libertarianism
  • 10. Equality and egalitarianism
  • 11. Justice and contractualism
  • Part IV. Moral Mathematics: 12. Social choice theory
  • 13. Game theory
  • Part V. Conclusions: 14. Conclusions
  • Appendix: How could ethics matter to economics?

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Details

  • NCID
    BA27231813
  • ISBN
    • 0521552028
    • 0521558506
  • LCCN
    95008814
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Cambridge [England] ; New York
  • Pages/Volumes
    ix, 249 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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