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Beyond Conventional Economics presents new original work from
leading scholars on the interface between the individual and
political and social institutions. The book offers a critique of
the inadequacies of the conventional economic approach to politics
and a state-of-the-art view of new paradigms challenging the
dominant economic notion of the individual. A number of chapters
also explore the limits of individually rational behaviour in
political decision making - some by challenging the orthodox
content of the idea of rationality, others by providing fresh views
on the operation of political processes. This book is a must-read
for anyone interested in understanding individual behaviour under
limited rationality. Thought-provoking and enlightening, this is a
unique book documenting a meaningful debate on the limits of
rational behaviour inside public choice circles and will appeal to
a wide audience of economists, political scientists and public
choice scholars.
Does economic analysis need to incorporate a more rounded and
ethical view of individuals? What is the ethical status of market
capitalism? How should ethical and economic considerations be
weighed together?Market Capitalism and Moral Values brings together
a distinguished group of academics and policy makers who provide
detailed discussion of some of the key issues at the intersection
of economics and ethics. This volume focuses on the effect of moral
beliefs on economic conduct, recognizing that beliefs and moral
codes act as restraints on economic agents just as much as limited
budgets or institutional environment. These essays combine academic
rigour and clarity of presentation in addressing some of the
foundational questions concerning the morality of both our economic
system and economic analysis. With contributions from leading
academics, commentators and policymakers such as Samuel Brittan,
Nigel Lawson, Amartya Sen and Robert Skidelsky, this volume will be
welcomed as a stimulating, authoritative discussion of interest to
all those concerned with the ethical dimension of market
capitalism. Market Capitalism and Moral Values brings together a
distinguished group of academics, policy advisors and policymakers
who provide detailed discussion of some of the key issues at the
intersection of economics and ethics. These essays combine academic
rigour and clarity of presentation in addressing some of the
foundational questions concerning the morality of both of our
economic system and our economic analysis.
These volumes bring together important recent works by economists
and philosophers on foundational topics; including the idea of
utility and the role of preferences; interpersonal comparability
and the commensurability of values, the relationship between
rationality and morality, the status of rules, rights and norms,
and fairness and equality.These readings collected here provide an
overview of the key structural issues at the interface of ethics
and economics. This reference collection will be welcomed by all
those with an interest in economics and philosophy.
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