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This volume brings together distinguished philosophers with
interdisciplinary expertise to show how the resources of philosophy
can be employed in the tasks of evaluating economics and fostering
policy debates. Contributors offer analyses of basic ideas in
economics, such as the notion of efficiency, "economic man,"
incentives, self-interest, and utility maximization. They discuss
key concepts in political theory such as desert, compensation,
autonomy, equality, consent or fairness. The book then offers
examples of how philosophical resources can be applied to specific,
timely debates, such as discrimination, affirmative action, and
ethical considerations in Social Security. These applications
demonstrate how philosophy, politics, and economics can be
fruitfully combined, while the more theoretical chapters clarify
fundamental relationships across these related disciplines.
Ultimately, the text guides students and scholars in expanding
their perspectives as they approach the necessarily complex
research questions of today and tomorrow.
This volume brings together distinguished philosophers with
interdisciplinary expertise to show how the resources of philosophy
can be employed in the tasks of evaluating economics and fostering
policy debates. Contributors offer analyses of basic ideas in
economics, such as the notion of efficiency, "economic man,"
incentives, self-interest, and utility maximization. They discuss
key concepts in political theory such as desert, compensation,
autonomy, equality, consent or fairness. The book then offers
examples of how philosophical resources can be applied to specific,
timely debates, such as discrimination, affirmative action, and
ethical considerations in Social Security. These applications
demonstrate how philosophy, politics, and economics can be
fruitfully combined, while the more theoretical chapters clarify
fundamental relationships across these related disciplines.
Ultimately, the text guides students and scholars in expanding
their perspectives as they approach the necessarily complex
research questions of today and tomorrow.
A central component of justice is how the economic goods are
distributed in a society. Philosophers contribute to distributive
justice debates by providing arguments for principles to guide and
evaluate the allocation of economic goods and to guide the design
of institutions to achieve more just distributions. This volume
includes both seminal and recent work by philosophers, covering a
range of representative positions, including libertarian,
egalitarian, desert, and welfare theorists. The introduction to the
volume and the selections themselves are designed to allow students
and professionals to see some of the most influential pieces that
have shaped the field, as well as some key critics of these
positions. The articles intersect in such a way as to develop an
appreciation of the types of theories and the central issues
addressed by theories of distributive justice. Furthermore, the
choice of authors in this collection reflects an appreciation of
the influence of institutions in general, markets in particular,
and even luck on the distribution of economic goods.
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