Economic Analysis, Moral Philosophy and Public Policy (Hardcover, 2nd Revised edition)

This 2006 book shows through accessible argument and numerous 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 rationality and its connections to morality. It argues that in defending their model of rationality, mainstream economists implicitly espouse contestable moral principles. Part II concerns welfare, utilitarianism and standard welfare economics, while Part III considers important moral notions that are left out of standard welfare economics, such as freedom, rights, equality, and justice. Part III also emphasizes the variety of moral considerations that are relevant to evaluating policies. Part IV then introduces technical work in social choice theory and game theory that is guided by ethical concepts and relevant to moral theorizing. Chapters include recommended readings and the book includes a glossary of relevant terms.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	March 2006
First published:	2006
Authors:	Daniel M. Hausman • Michael S. McPherson
Dimensions:	231 x 155 x 25mm (L x W x T)
Format:	Hardcover
Pages:	354
Edition:	2nd Revised edition
ISBN-13:	978-0-521-84629-5
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	0-521-84629-3
Barcode:	9780521846295

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