Many economic problems are also ethical problems: should we value
economic equality? how much should we care about preserving the
environment? how should medical resources be divided between saving
life and enhancing life? This book examines some of the practical
issues that lie between economics and ethics, and shows how utility
theory can contribute to ethics. John Broome's work has, unusually,
combined sophisticated economic and philosophical expertise, and
Ethics Out of Economics brings together some of his most important
essays, augmented with an updated introduction. The first group of
essays deals with the relation between preference and value, the
second with various questions about the formal structure of good,
and the concluding section with the value of life. This work is of
interest and importance for both economists and philosophers, and
shows powerfully how economic methods can contribute to moral
philosophy.
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