Economic Analysis, Moral Philosophy, and Public Policy by Michael McPherson, Debra Satz, Daniel Hausman (Paperback, 2016)

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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.

Product Identifiers

PublisherCambridge University Press
ISBN-139781316610886
eBay Product ID (ePID)404298141

Product Key Features

Number of Pages414 Pages
LanguageEnglish
Publication NameEconomic Analysis, Moral Philosophy, and Public Policy
Publication Year2016
SubjectFinance
TypeTextbook
AuthorMichael Mcpherson, Debra Satz, Daniel Hausman
FormatPaperback

Dimensions

Item Height228 mm
Item Weight600 g
Item Width152 mm

Additional Product Features

Country/Region of ManufactureUnited Kingdom
Title_AuthorDebra Satz, Daniel Hausman, Michael Mcpherson

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