Globalization, culture, and the limits of the market : essays in economics and philosophy

Bibliographic Information

Globalization, culture, and the limits of the market : essays in economics and philosophy

edited by Stephen Cullenberg, Prasanta K. Pattanaik

(Oxford in India readings, Themes in economics)

Oxford University Press, 2004

Available at  / 15 libraries

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Note

Includes bibliographical references and index

Contents of Works

  • Noxious markets : why should some things not be for sale?
  • On obnoxious markets
  • Blood and bribes : ethical restraints to trade
  • Markets, democracy, and educational vouchers
  • On notions of agency, individual heterogeneity, and the existence, size, and composition of a bonded child labour force
  • 'Algorithmic evaluation' in organ allocation
  • Individualism and scarcity
  • Opportunity for welfare, priority, and public policy
  • Culture as a special technology in globalization
  • Globalization and culture

Description and Table of Contents

Description

Part of the prestigious Themes in Economics series, this collection of papers discusses critical issues that have often been at the centre of social debates in recent years. Economists and philosophers discuss such issues as the limitations of markets as an instrument of decision-making in a society, globalization and culture, the foundational principles for public policy, the criteria for the allocation of human organs, and the paradox of scarcity despite affluence in modern societies. Two papers study the implication of globalization for culture and the nature of culture itself. The rest of the papers analyse a wide range of other problems including the foundational principles for the formulation of public policy, the criteria for allocating human organs among patients who need them, and the way in which modernity has generated scarcity even as advanced technology has led to unprecedented affluence. The papers combine analytical rigour and readability. While they are always thoug ht provoking and often incisive, they do not demand from the reader much prior knowledge of either economics or philosophy. With contributions from eminent academicians such as Richard Arneson, Ravi Kanbur, Paul Seabright, and Steve Marglin, the book will be very useful for post graduate students of economic thought and courses exploring the interface of economics and philosophy researchers and teachers in these areas professional economists, philosophers and serious general readers interested in social issues.

Table of Contents

  • ABBREVIATIONS
  • LIST OF TABLES, FIGURES AND APPENDICES
  • 1. NOXIOUS MARKETS: WHY SHOULD SOME THINGS NOT BE FOR SALE DEBRA SATZ
  • 2. ON OBNOXIOUS MARKETS RAVI KANBUR
  • 3. BLOOD AND BRIBES: ETHICAL RESTRAINTS TO TRADE PAUL SEABRIGHT
  • 4. MARKETS, DEMOCRACY, AND EDUCATIONAL VOUCHERS GEORGIA WARNKE
  • 5. ON NOTIONS OF AGENCY, INDIVIDUAL HETEROGENEITY, AND THE EXISTENCE, SIZE AND COMPOSITION OF A BONDED CHILD LABOUR FORCE VEGARD IVERSEN
  • 6. ALGORITHMIC EVALUATION IN ORGAN ALLOCATION MARTIES AHLERT
  • 7. INDIVIDUALISM AND SCARCITY STEPHEN A O MARGLIN
  • 8. OPPORTUNITY FOR WELFARE, PRIORITY AND PUBLIC POLICY RICHARD JO ARNESON
  • 9. CULTURE AS A SPECIAL TECHNOLOGY IN GLOBALIZATION XU CHENG
  • 10. GLOBALIZATION AND CULTURE KEITH GRIFFIN

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