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Economics as Applied Ethics: Value Judgements in Welfare Economics

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en Limba Engleză Paperback – 09 Dec 2010
The focus of this textbook is on the link between ethics and economic policy analysis. Basic philosophical concepts are systematically described, followed by conventional welfare economic theory and policy, and applications to some topical economic problems such as income distribution and sustainable development. 
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Specificații

ISBN-13: 9780230278370
ISBN-10: 023027837X
Pagini: 269
Ilustrații: 3 diagrames, 8 graphs
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.4 kg
Ediția: 2010
Editura: Macmillan Education UK
Colecția Palgrave
Locul publicării: London, United Kingdom

Cuprins

Introduction.- Fact or Value? A Simple Example: Sustainable Development and the Discount Rate.- Positive Propositions and Value Judgements.- Fact and Value in Welfare Economics.- From Individuals' Choices to their 'Welfare'.- Pareto Optimality and the Social Welfare Function.- From Individuals' Welfares to Social Welfare.- Utilitarianism in Welfare Economics.- Some Major Criticisms of Utilitarianism.- GDP and Friends.- Happiness.- Why Equality?.- What Equality?.- The Boundary of Society: The Boundary in Space.- The Boundary of Society: The Boundary in Time.- Discounting the Future.- Valuing Life.- Overview: Value Judgements in Welfare Economics .- Bibliography.

Notă biografică

WILFRED BECKERMAN Honorary Visiting Professor of Economics, University College London, UK; and Emeritus Fellow of Balliol College, University of Oxford.

Caracteristici

No direct competition in the market at this level
Fills a gap in the market as relevant courses are increasing
Good exposition of normative theory in standard economics, and criticism to that approach
Discusses ethical aspects of economics rather than focusing on mathematical treatment
In contrast to Hausman & McPherson it is written as a textbook 
An interdisciplinary text for economics, philosophy, politics and public choice

Textul de pe ultima copertă

This important textbook has been revised and updated to continue its focus on the link between ethics and economic policy analysis, whilst ensuring that perspectives addressing the moral limits of the market, latest behavioural economics literature, and the changes in inequality over the years are included. Basic philosophical concepts are systematically described, followed by conventional welfare economic theory and policy, and applications to some topical economic problems such as income distribution and sustainable development.