Economics and Ethics: An Introduction - Softcover

Dutt, A.

9781137347558: Economics and Ethics: An Introduction

Softcover

ISBN 10: 1137347554 ISBN 13: 9781137347558

Verlag: Palgrave Macmillan, 2010

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Can economic analysis and policy formulation be free of ethical considerations? This book argues that this is not the case, that ethics enters economics at the ground level, and trying to leave out ethics runs the risk of leading to bad economic analysis and bad policies.

The book argues that individuals who make decisions in the economy - all of us, that is - have ethical values which affect their behaviour and the nature of their interactions with others. It also shows how the evaluation of economic performance and policies requires a thorough analysis of ethics. This includes questions regarding the role of markets and the government, and the importance of efficiency, growth, and fairness.

A new chapter provides an analysis of ethical aspects of the global financial crisis of 2007-08, as an example of ethical considerations that arise in real-world applications of economics. The book assumes little or no background in either economics or ethics and can therefore be read by anyone interested in economic issues, in addition to students and professional economists and philosophers.

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�ber die Autorin bzw. den Autor

Amitava Krishna Dutt is Professor of Economics and Fellow of the Kellogg Institute of International Studies and the Kroc Institute of International Peace Studies. He is the author or editor of several books, including Growth, distribution and uneven development (1990) and International Handbook of Development Economics (2008, co-editor) and numerous scholarly economics journals and edited volumes.

Charles K. Wilber is Professor Emeritus of Economics and Fellow, Joan B. Kroc Institute for International Peace Studies, University of Notre Dame, USA. He has written extensively on economic development, economic methodology, and economic ethics. His books include The Soviet Model and Underdeveloped Countries, An Inquiry into the Poverty of Economics, and Economics, Ethics and Public Policy (ed.).

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