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Item Details
Title: ECONOMIC ANALYSIS, MORAL PHILOSOPHY AND PUBLIC POLICY
By: Daniel M. Hausman, Michael S. McPherson
Format: Paperback

List price: £29.99


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 052160866X
ISBN 13: 9780521608664
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 20 March, 2006
Edition: 2nd Revised edition
Pages: 354
Description: This highly accessibly 2006 book explores the relationships between economics, philosophy, and public policy.
Synopsis: 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.
Illustrations: Illustrations
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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