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Economic Analysis, Moral Philosophy, and Public Policy

Authors

, University of Wisconsin, Madison, , Spencer Foundation, Chicago, , Stanford University, California
Published 2016

Description

This book shows through argument and numerous policy-related examples how understanding moral philosophy can improve economic analysis, how moral philosophy can benefit from economists' analytical tools, and how economic analysis and moral philosophy together can inform public policy. Part I explores the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis.…

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Key features

  • Extensive examples show application to policy problems, giving readers practical knowledge of the ethical and economic dimensions of important issues like unemployment, income equality, and climate change
  • Study and discussion questions follow every chapter, allowing students to use the book's ideas to work out their own views on critical social issues
  • Arguments and examples concerning economists' work on specific problems help philosophy-oriented students and instructors understand the contributions economic analysis can make to ethical issues

About the book

  • DOI https://doi.org/10.1017/9781316663011
  • Subjects Economics,Macroeconomics,Philosophy,Philosophy: General Interest
  • Format: Hardback
    • Publication date: 15 December 2016
    • ISBN: 9781107158313
    • Dimensions (mm): 228 x 152 mm
    • Weight: 0.7kg
    • Contains: 10 b/w illus.
    • Page extent: 418 pages
    • Availability: Available
  • Format: Paperback
    • Publication date: 15 December 2016
    • ISBN: 9781316610886
    • Dimensions (mm): 228 x 152 mm
    • Weight: 0.6kg
    • Contains: 10 b/w illus.
    • Page extent: 414 pages
    • Availability: Available
  • Format: Digital
    • Publication date: 28 May 2018
    • ISBN: 9781316663011

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