About the book
This book shows through argument and numerous policy-related 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 the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis. Part III discusses freedom, rights, equality, and justice - moral notions that are relevant to evaluating policies, but which have played little if any role in conventional welfare economics. Finally, Part IV explores work in social choice theory and game theory that is relevant to moral decision making. Each chapter includes recommended reading and discussion questions.
Editions of Economic Analysis, Moral Philosophy, and Public Policy
- Hardcover
- ISBN 9781107158313
- Paperback
- ISBN 9781316610886
Read an Excerpt
This book shows through argument and numerous policy-related 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 the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis. Part III discusses freedom, rights, equality, and justice - moral notions that are relevant to evaluating policies, but which have played little if any role in conventional welfare economics. Finally, Part IV explores work in social choice theory and game theory that is relevant to moral decision making. Each chapter includes recommended reading and discussion questions.
Frequently Asked Questions
What is Economic Analysis, Moral Philosophy, and Public Policy about?
This book shows through argument and numerous policy-related 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 the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis. Part III discusses freedom, rights, equality, and justice - moral notions that are relevant to evaluating policies, but which have played little if any role in conventional welfare economics. Finally, Part IV explores work in social choice theory and game theory that is relevant to moral decision making. Each chapter includes recommended reading and discussion questions.
What core themes, tropes, or subjects are explored in Economic Analysis, Moral Philosophy, and Public Policy?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Public finance and taxation
Where can I read a sample of Economic Analysis, Moral Philosophy, and Public Policy?
You can read an official preview of the few pages here https://www.book2look.com/book/9781107158313
Who is/are the Author/s of the book Economic Analysis, Moral Philosophy, and Public Policy?
Daniel M. Hausman,Michael McPherson,Debra Satz
What are the ISBN numbers for the physical and digital editions?
Economic Analysis, Moral Philosophy, and Public Policy is available as hardcover(ISBN 9781107158313) and paperback(ISBN 9781316610886)