Economic analysis, moral philosophy, and public policy:
Gespeichert in:
| Vorheriger Titel: | Hausman, Daniel M. Economic analysis and moral philosophy |
|---|---|
| Hauptverfasser: | , , |
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York, NY
Cambridge University Press
2017
|
| Ausgabe: | Third edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | xx, 397 Seiten Diagramme |
| ISBN: | 9781316610886 9781107158313 |
Internformat
MARC
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Datensatz im Suchindex
| _version_ | 1811027077404557312 |
|---|---|
| adam_text |
Contents
List of Figures Page xiii
List of Tables xiv
Preface to the Third Edition xv
Preface to the Second Edition xvii
Acknowledgments xix
1 Ethics and Economics? 1
1.1 Economics and Morality in Contemporary Controversies 2
1.2 What Are Moral Questions and How Can They Be Answered? 8
1.3 How Is Moral Philosophy Relevant to Economics? 12
1.4 Organization of the Book 14
Suggestions for Further Reading 16
Questions for Study and Discussion 16
2 Ethics in Welfare Economics 19
2.1 A Shocking Memorandum 19
2.2 Eight Distinctive Features of Welfare Economics 20
2.3 The Economic Benefits of Exporting Pollution to LDCs 23
2.4 The Argument of the World Bank Memorandum 24
2.5 Should the World Bank Encourage Migration of Dirty
Industries to LDCs? 27
2.6 School Vouchers 31
2.7 Conclusions 36
Suggestions for Further Reading 36
Questions for Study and Discussion 37
vii
viii
Contents
3 Ethics in Positive Economics: Two Examples 39
3.1 Is Unemployment Involuntary? 40
3.2 Overlapping Generations 48
3.3 Conclusions 51
Suggestions for Further Reading 51
Questions for Study and Discussion 51
PART I RATIONALITY, MORALITY, AND MARKETS 53
4 Rationality and Utility Theory 55
4.1 Certainty and Ordinal Utility Theory 56
4.2 Expected Utility Theory 60
4.3 Questions about Utility Theory 64
Suggestions for Further Reading 68
Questions for Study and Discussion 69
5 Rationality and Morality in Positive Economics 70
5.1 Rationality and Positive Economics 70
5.2 Self-Interest, Rationality, and Morality 74
5.3 The Moral Danger of Ignoring Morality 78
5.4 The Influence of Moral Norms on Economic Behavior 81
5.5 How Do Norms Motivate Human Actions and What
Sustains Them? 84
5.6 Conclusions: Rationality, Morality, and Positive Economics 88
Suggestions for Further Reading 89
Questions for Study and Discussion 90
6 The Ethical Limits to Markets 92
6.1 Are There Any Limits to the Reach of the Market? 93
6.2. Market Virtues 94
6.3 Market Limits 95
6.4 Morals and Markets 98
6.5 Policy Implications: How Should Policy Respond to
Morally Problematic Markets? 102
6.6 Market Alternatives 103
6.7 Conclusions 104
Suggestions for Further Reading 104
Questions for Study and Discussion 104
Contents ix
PART II WELFARE AND CONSEQUENCES 107
7 Utilitarianism, Consequentialism, and Justice 109
7.1 Clarifying Utilitarianism 110
7.2 Interpersonal Comparisons of Well-Being 114
7.3 Justifying Utilitarianism 116
7.4 Contemporary Consequentialism 117
7.5 Is Utilitarianism Plausible? 119
7.6 Consequentialism and Deontology 121
7.7 Conclusion: Should Economists Embrace Utilitarianism? 123
Suggestions for Further Reading 123
Questions for Study and Discussion 124
8 Welfare 126
8.1 Theories of Well-Being 127
8.2 Welfare in Economics 127
8.3 Against the Constitutive View: Well-Being Is Not
Preference Satisfaction 130
8.4 Conflicting Preferences and Well-Being 134
8.5 Assessing Preferences 135
8.6 The New Hedonist Welfare Economics 138
8.7 Other Theories of Well-Being 141
8.8 Conclusions 143
Suggestions for Further Reading 143
Questions for Study and Discussion 144
9 Welfare Economics 146
9.1 Preference Satisfaction, Pareto Efficiency, and Competitive
Equilibrium 147
9.2 Pareto Efficiency, Pareto Improvements, and Benevolence 150
9.3 How Welfare Economics Narrows Normative Questions 154
9.4 Cost-Benefit Analysis 158
9.5 Objections to Cost-Benefit Analysis 161
9.6 Cost-Benefit Analysis and Social Welfare Functions 165
9.7 Putting Cost-Benefit Analysis to Use 167
9.8 Welfare Economics 169
Suggestions for Further Reading 170
Questions for Study and Discussion 171
X
Contents
PART III LIBERTY, RIGHTS, EQUALITY, AND JUSTICE 173
10 Liberty, Rights, and Libertarianism 175
10.1 Freedom 176
10.2 What Are Rights? 180
10.3 The Importance of Rights 181
10.4 The Justification of Rights and Freedoms 183
10.5 Weighing Rights, Liberties, and Welfare 184
10.6 Libertarianism 184
10.7 Libertarian Paternalism 189
Suggestions for Further Reading 190
Questions for Study and Discussion 191
11 Equality and Egalitarianism 194
11.1 What Is Wrong with Contemporary Income and Wealth
Inequalities? Consequences and Causes 197
11.2 What Is Wrong with Inequality Itself? “Basic”
Egalitarianism and Prioritarianism 201
11.3 Egalitarian Objectives 206
11.4 The “Currency” of Egalitarian and Prioritarian Justice 208
11.5 Relational Equality and Equality of Moral Status 215
11.6 The Measurement and Importance of Inequality 217
Suggestions for Further Reading 220
Questions for Study and Discussion 221
12 Justice and Contractualism 723
12.1 The Social Contract Idea 224
12.2 Justice as Reciprocity: Rawlss Theory of Justice 226
12.3 How Can Rawlss Principles Guide Policy? 233
12.4 Other Contract Theories 236
12.5 Challenges to Contractualism 238
12.6 Conclusion: Social Contract Reasoning and Economics 240
Suggestions for Further Reading 241
Questions for Study and Discussion 242
PART IV MORAL MATHEMATICS 245
13 Social Choice Theory 247
13.1 The Social Welfare Function and Arrow's Theorem 247
13.2 The Interpretation of Arrows Theorem 251
Contents xi
13.3 Social Choice Theory and Moral Philosophy 254
13.4 Social Welfare Functions with Interpersonal Comparisons 256
13.5 Rights, Freedom, and Fairness in Social Choice Theory 258
13.6 Other Developments of Social Choice Theory 263
13.7 Conclusions 265
Suggestions for Further Reading 266
Questions for Study and Discussion 267
14 Game Theory 269
14.1 What Is a Game? 269
14.2 Moral Philosophy and Some Simple Games 274
14.3 Cooperation and Justice 278
14.4 Paradoxes and Difficulties 280
14.5 Bargaining Theory and the Social Contract 286
Suggestions for Further Reading 289
Questions for Study and Discussion 290
PART V CONCLUSIONS 293
15 Putting Economics and Ethics to Work 295
15.1 Involuntary Unemployment and Moral Baselines 296
15.2 Overlapping Generations 299
15.3 Do Pollution Transfers and Vouchers Promote Welfare? 302
15.4 The Bearing of Capabilities and Primary Goods on
Pollution Trades and Voucher Proposals 305
15.5 A Utilitarian Perspective on Pollution Transfers and
Educational Vouchers 307
15.6 Other Ways of Evaluating Vouchers and
Pollution Transfers 309
15.7 Conclusions 312
Questions for Study and Discussion 312
16 Economics and Ethics, Hand in Hand 314
16.1 Healthcare 316
16.2 Uber and the “Gig” Economy 320
16.3 Environmental Protection and Global Warming 327
16.4 Conclusions 334
Suggestions for Further Reading 335
Questions for Study and Discussion 336
xii
Contents
APPENDIX: HOW COULD ETHICS MATTER TO ECONOMICS? 337
A.l Objection 1: Economists as Engineers 338
A.2 Objection 2: Positive Economics Is Value Free: The
Standard View 340
A.3 Objection 3: Normative Questions Are Not Subject to
Rational Evaluation 342
A.4 Answering the Standard View: How Knowing Ethics
Contributes to Positive Economics 343
A.5 Conclusions: Ethics into Economics 349
Questions for Study and Discussion 350
Glossary 353
References 361
Index 385 |
| any_adam_object | 1 |
| author | Hausman, Daniel M. 1947- McPherson, Michael S. 1947- Satz, Debra |
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| discipline | Philosophie Wirtschaftswissenschaften |
| edition | Third edition |
| format | Book |
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| id | DE-604.BV043727386 |
| illustrated | Not Illustrated |
| indexdate | 2024-09-23T22:20:09Z |
| institution | BVB |
| isbn | 9781316610886 9781107158313 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029139320 |
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| physical | xx, 397 Seiten Diagramme |
| publishDate | 2017 |
| publishDateSearch | 2017 |
| publishDateSort | 2017 |
| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Hausman, Daniel M. 1947- Verfasser (DE-588)13168258X aut Economic analysis and moral philosophy Economic analysis, moral philosophy, and public policy Daniel Hausman (University of Wisconsin-Madison), Michael McPherson (Spencer Foundation, Chicago), Debra Satz (Stanford University) Third edition New York, NY Cambridge University Press 2017 xx, 397 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Wirtschaftsphilosophie (DE-588)4066489-2 gnd rswk-swf Ethik (DE-588)4015602-3 gnd rswk-swf Wirtschaftsethik (DE-588)4066439-9 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Ökonometrie (DE-588)4132280-0 gnd rswk-swf Wirtschaftsethik (DE-588)4066439-9 s Wirtschaftstheorie (DE-588)4079351-5 s Wirtschaftsphilosophie (DE-588)4066489-2 s DE-604 Ethik (DE-588)4015602-3 s 1\p DE-604 Ökonometrie (DE-588)4132280-0 s 2\p DE-604 3\p DE-604 McPherson, Michael S. 1947- Verfasser (DE-588)131682644 aut Satz, Debra Verfasser (DE-588)133680444 aut Vorangegangen ist Hausman, Daniel M. Economic analysis and moral philosophy Cambridge : Cambridge Univ. Press, 1996 0-521-55202-8 (DE-604)BV010767551 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029139320&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Hausman, Daniel M. 1947- McPherson, Michael S. 1947- Satz, Debra Economic analysis, moral philosophy, and public policy Wirtschaftsphilosophie (DE-588)4066489-2 gnd Ethik (DE-588)4015602-3 gnd Wirtschaftsethik (DE-588)4066439-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd Ökonometrie (DE-588)4132280-0 gnd |
| subject_GND | (DE-588)4066489-2 (DE-588)4015602-3 (DE-588)4066439-9 (DE-588)4079351-5 (DE-588)4132280-0 |
| title | Economic analysis, moral philosophy, and public policy |
| title_alt | Economic analysis and moral philosophy |
| title_auth | Economic analysis, moral philosophy, and public policy |
| title_exact_search | Economic analysis, moral philosophy, and public policy |
| title_full | Economic analysis, moral philosophy, and public policy Daniel Hausman (University of Wisconsin-Madison), Michael McPherson (Spencer Foundation, Chicago), Debra Satz (Stanford University) |
| title_fullStr | Economic analysis, moral philosophy, and public policy Daniel Hausman (University of Wisconsin-Madison), Michael McPherson (Spencer Foundation, Chicago), Debra Satz (Stanford University) |
| title_full_unstemmed | Economic analysis, moral philosophy, and public policy Daniel Hausman (University of Wisconsin-Madison), Michael McPherson (Spencer Foundation, Chicago), Debra Satz (Stanford University) |
| title_old | Hausman, Daniel M. Economic analysis and moral philosophy |
| title_short | Economic analysis, moral philosophy, and public policy |
| title_sort | economic analysis moral philosophy and public policy |
| topic | Wirtschaftsphilosophie (DE-588)4066489-2 gnd Ethik (DE-588)4015602-3 gnd Wirtschaftsethik (DE-588)4066439-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd Ökonometrie (DE-588)4132280-0 gnd |
| topic_facet | Wirtschaftsphilosophie Ethik Wirtschaftsethik Wirtschaftstheorie Ökonometrie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029139320&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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