Ethics in Economics : an Introduction to Moral Frameworks / Jonathan B. Wight.

Format:

Book

Author/Creator:

Wight, Jonathan B., author.

Language:

English

Subjects (All):

Economics--Moral and ethical aspects.

Economics.

Physical Description:

xvii, 275 pages : illustrations ; 23 cm

Place of Publication:

Stanford, CA : Stanford University Press, [2015]

Language Note:

Text in English.

Summary:

In Ethics in Economics, Jonathan Wight examines the role that ethical considerations play in economic debate. His analysis is guided by the innovative concept of ethical - recognition that while standard economics has vital applications, a piece is missing. Considering a wider moral framework, rather than concentrating on utility maximization alone, can lead to a richer understanding of human behavior and better policy decisions. This book is ideal for undergraduates or uninitiated readers who seek an introduction to economic policy. Book jacket.

Contents:

Why ethics matters

Outcomes

Duties, rules, and virtues

Welfare and efficiency

Pareto efficiency and cost-benefit analysis

Critiques of welfare as preference satisfaction

Moral limits to markets

The science behind Adam Smith's ethics

Ethics and the financial crisis of 2008

Economic justice : process versus outcomes

Economic justice : equal opportunity

Ethical pluralism in economics.

Notes:

Includes bibliographical references and index.

ISBN:

9780804793285

080479328X

9780804794534

0804794537

OCLC:

894745951