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Economics as Applied Ethics : Value Judgements in Welfare Economics,9780230278363
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Economics as Applied Ethics : Value Judgements in Welfare Economics

by
Edition:
1st
ISBN13:

9780230278363

ISBN10:
0230278361
Format:
Hardcover
Pub. Date:
1/15/2011
Publisher(s):
Palgrave Macmillan
List Price: $95.00

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Questions About This Book?

What version or edition is this?
This is the 1st edition with a publication date of 1/15/2011.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.

Summary

The focus of this textbook is on the link between ethics and economic policy analysis. Basic philosophical concepts are systematically described, followed by conventional welfare economic theory and policy, and applications to some topical economic problems such as income distribution and sustainable development.

Author Biography

WILFRED BECKERMAN Visiting Professor of Economics, University College London, UK; and Emeritus Fellow of Balliol College, Oxford.

Table of Contents

Introduction
Fact or Value? A Simple Example: Sustainable Development and the Discount Rate
Positive Propositions and Value Judgements
Fact and Value in Welfare Economics
From Individuals' Choices to Their Welfare
Pareto Optimality and the Social Welfare Function
From Individuals' Welfare to Social Welfare
Utilitarianism in Welfare Economics
Critics of Utilitarianism
GDP and Friends 
Happiness
Why Equality?
Equality of What? 
The Boundary of Society: The Boundary in Space
The Boundary of Society: The Boundary in Time
The Discount Rate
Valuing Life
Overview: Value Judgements in Welfare Economics
Bibliography


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