Economic Analysis, Moral Philosophy, and Public Policy (Paperback, 3rd Revised edition)

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. Part III discusses freedom, rights, equality, and justice - moral notions that are relevant to evaluating policies, but which have played little if any role in conventional welfare economics. Finally, Part IV explores work in social choice theory and game theory that is relevant to moral decision making. Each chapter includes recommended reading and discussion questions.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	December 2016
Authors:	Daniel Hausman • Michael McPherson • Debra Satz
Dimensions:	228 x 152 x 22mm (L x W x T)
Format:	Paperback - Trade
Pages:	414
Edition:	3rd Revised edition
ISBN-13:	978-1-316-61088-6
Categories:	Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General
LSN:	1-316-61088-8
Barcode:	9781316610886

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