Economic Analysis, Moral Philosophy and Public Policy

Daniel M Hausman author Michael S McPherson author

Format:Hardback

Publisher:Cambridge University Press

Published:20th Mar '06

Currently unavailable, and unfortunately no date known when it will be back

Economic Analysis, Moral Philosophy and Public Policy cover

This highly accessibly 2006 book explores the relationships between economics, philosophy, and public policy.

Economic Analysis, Moral Philosophy and Public Policy, first published in 2006, shows through accessible argument and numerous 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.This 2006 book shows through accessible argument and numerous 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 rationality and its connections to morality. It argues that in defending their model of rationality, mainstream economists implicitly espouse contestable moral principles. Part II concerns welfare, utilitarianism and standard welfare economics, while Part III considers important moral notions that are left out of standard welfare economics, such as freedom, rights, equality, and justice. Part III also emphasizes the variety of moral considerations that are relevant to evaluating policies. Part IV then introduces technical work in social choice theory and game theory that is guided by ethical concepts and relevant to moral theorizing. Chapters include recommended readings and the book includes a glossary of relevant terms.

“Excellent guides to further reading: comprehensive references and index. Highly recommended.” -- Choice

ISBN: 9780521846295

Dimensions: 231mm x 155mm x 25mm

Weight: 610g

354 pages

2nd Revised edition