Globalization, Culture, and the Limits of the Market Essays in Economics and Philosophy

by Cullenberg, Stephen; Pattanaik, Prasanta K.

• ISBN13: 9780195664461
• ISBN10: 0195664469
• Format: Hardcover
• Copyright: 2004-01-08
• Publisher: Oxford University Press

Summary

This collection of papers discusses critical issues that have often been at the center of social debates in recent years. Economists and philosophers discuss such issues as the limitations of markets as an instrument of decision-making in a society, globalization and culture, the foundational principles for public policy, the criteria for the allocation of human organs, and the paradox of scarcity despite affluence in modern societies.

Table of Contents

Introduction	1	(10)
Noxious Markets: Why Should Some Things Not be for Sale?	11	(28)
DEBRA SATZ
On Obnoxious Markets	39	(23)
RAVI KANBUR
Blood and Bribes: Ethical Restraints to Trade	62	(25)
PAUL SEABRIGHT
Markets, Democracy, and Educational Vouchers	87	(20)
GEORGIA WARNKE
On Notions of Agency, Individual Heterogeneity, and the Existence, Size, and Composition of a Bonded Child Labour Force	107	(35)
VEGARD IVERSEN
'Algorithmic Evaluation' in Organ Allocation	142	(13)
MARLIES AHLERT
Individualism and Scarcity	155	(22)
STEPHEN A. MARGLIN
Opportunity for Welfare, Priority, and Public Policy	177	(38)
RICHARD J. ARNESON
Culture as a Special Technology in Globalization	215	(26)
XU CHENG
Globalization and Culture	241	(24)
KEITH GRIFFIN
Index	265