Economic Analysis Moral Philosophy and Public Policy 2nd Edition by Daniel Hausman, Michael McPherson ISBN 051114492X 9780511144929

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Product details:

ISBN 10: 051114492X

ISBN 13: 9780511144929

Author:  Daniel M. Hausman, Michael S. McPherson 

Economic Analysis, Moral Philosophy and Public Policy 2nd Edition: 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.

 

Economic Analysis, Moral Philosophy and Public Policy 2nd Edition Table of contents:

• Part I – Rationality and morality
  • Chapter 4 – Rationality
  • Chapter 5 – Rationality in positive and normative economics
  • Chapter 6 – Rationality, norms, and morality
• Part II – Welfare and consequences
  • Chapter 7 – Utilitarianism and consequentialism
  • Chapter 8 – Welfare
  • Chapter 9 – Efficiency
• Part III – Liberty, rights, equality, and justice
  • Chapter 10 – Liberty, rights, and libertarianism
  • Chapter 11 – Equality and egalitarianism
  • Chapter 12 – Justice and contractualism
• Part IV – Moral mathematics
  • Chapter 13 – Social choice theory
  • Chapter 14 – Game theory
• Conclusions
  • Chapter 15 – Pollution transfers and school vouchers: normative economics reconsidered
  • Chapter 16 – Economics and ethics, hand in hand

 

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