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Economic analysis, moral philosophy, and public policy /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Economic analysis, moral philosophy, and public policy // Daniel M. Hausman, Michael S. McPherson.
remainder title:	Economic Analysis, Moral Philosophy & Public Policy
Author:	Hausman, Daniel M.,
other author:	McPherson, Michael S.,
Description:	1 online resource (x, 342 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:	Economics - Moral and ethical aspects. -
Online resource:	https://doi.org/10.1017/CBO9780511754289
ISBN:	9780511754289 (ebook)

Economic analysis, moral philosophy, and public policy /
Hausman, Daniel M.,1947-

Economic analysis, moral philosophy, and public policy /Economic Analysis, Moral Philosophy & Public PolicyDaniel M. Hausman, Michael S. McPherson. - Second edition. - 1 online resource (x, 342 pages) :digital, PDF file(s).

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Ethics and economics? -- Ethics in welfare economics: two examples -- Ethics in positive economics: two examples -- Rationality and morality -- Rationality -- Rationality in positive and normative economics -- Rationality, norms, and morality -- Welfare and consequences -- Utilitarianism and consequentialism -- Welfare -- Efficiency -- Liberty, rights, equality, and justice -- Liberty, rights, and libertarianism -- Equality and egalitarianism -- Justice and contractualism -- Moral mathematics -- Social choice theory -- Game theory -- Conclusions -- Pollution transfers and school vouchers: normative economics reconsidered -- Economics and ethics, hand in hand -- Appendix: How could ethics matter to economics?

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.

ISBN: 9780511754289 (ebook)Subjects--Topical Terms:

555264
Economics
--Moral and ethical aspects.

LC Class. No.: HB72 / .H357 2006

Dewey Class. No.: 174

Economic analysis, moral philosophy, and public policy /
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245 1 0 $a Economic analysis, moral philosophy, and public policy / $c Daniel M. Hausman, Michael S. McPherson.
246 3 $a Economic Analysis, Moral Philosophy & Public Policy
250 $a Second edition.
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500 $a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 $a Ethics and economics? -- Ethics in welfare economics: two examples -- Ethics in positive economics: two examples -- Rationality and morality -- Rationality -- Rationality in positive and normative economics -- Rationality, norms, and morality -- Welfare and consequences -- Utilitarianism and consequentialism -- Welfare -- Efficiency -- Liberty, rights, equality, and justice -- Liberty, rights, and libertarianism -- Equality and egalitarianism -- Justice and contractualism -- Moral mathematics -- Social choice theory -- Game theory -- Conclusions -- Pollution transfers and school vouchers: normative economics reconsidered -- Economics and ethics, hand in hand -- Appendix: How could ethics matter to economics?
520 $a 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.
650 0 $a Economics $x Moral and ethical aspects. $3 555264
650 0 $a Ethics. $3 555769
650 0 $a Political planning. $3 576554
700 1 $a McPherson, Michael S., $e author. $3 1443003
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856 4 0 $u https://doi.org/10.1017/CBO9780511754289