Economic Analysis and Moral Philosophy (Cambridge Surveys of Economic Literature)

Economic Analysis and Moral Philosophy (Cambridge Surveys of Economic Literature)

by Daniel M . Hausman (Author), Michael S . Mc Pherson (Author)

Synopsis

Understanding moral philosophy can lead to better economics. Conversely, economic insights and analytical tools can help philosophers. This book draws these two ideas together. Part I focuses on rationality and argues that, in defending their model of rationality, economists find themselves espousing fragments of a highly contestable moral theory. In Part II the authors consider the dubious theory of welfare implicit in standard evaluations of welfare economics and utilitarianism. Part III of this book is concerned with freedom, rights, equality, and justice, which are also important in evaluating economic policies and institutions. Part IV shows that technical work in economics is guided by ethical concepts and is relevant to moral theorizing.

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More Information

Format: Paperback
Pages: 261
Edition: Reprint
Publisher: Cambridge University Press
Published: 28 Mar 1996

ISBN 10: 0521558506
ISBN 13: 9780521558501

Media Reviews
As survey, this book will fill gaps in almost every ethicist's reading and prove enormously helpful for students of the field and as the basis for an advanced undergraduate or graduate course in ethics and economics or philosophy and economics. Peter Danielson, Ethics