03653nam 22005535 450 991045989160332120210429031308.00-8047-9456-110.1515/9780804794565(CKB)3710000000377350(EBL)2001962(SSID)ssj0001460814(PQKBManifestationID)12643950(PQKBTitleCode)TC0001460814(PQKBWorkID)11467609(PQKB)10730154(DE-B1597)564366(DE-B1597)9780804794565(MiAaPQ)EBC2001962(PPN)236068814(OCoLC)1178769896(EXLCZ)99371000000037735020200723h20202015 fg 0engur|nu---|u||utxtccrEthics in Economics An Introduction to Moral Frameworks /Jonathan B. WightStanford, CA :Stanford University Press,[2020]©20151 online resource (294 p.)Description based upon print version of record.0-8047-9328-X Front matter --Contents --Figures --Acknowledgments --Preface --1. Why Ethics Matters --2. Outcomes --3. Duties, Rules, and Virtues --4. Welfare and Efficiency --5. Pareto Efficiency and Cost–Benefit Analysis --6. Critiques of Welfare as Preference Satisfaction --7. Moral Limits to Markets --8. The Science behind Adam Smith’s Ethics --9. Ethics and the Financial Crisis of 2008 --10. Economic Justice: Process versus Outcomes --11. Economic Justice: Equal Opportunity --12. Ethical Pluralism in Economics --Notes --IndexIn Ethics in Economics , Jonathan B. Wight provides an overview of the role that ethical considerations play in economic debates. Whereas much of the field tends to focus on welfare outcomes, Wight calls for a deeper examination of the origin and evolution of our moral norms. He argues that economic life relies on three interrelated ethical systems: outcome-based, duty- and rule-based, and virtue-based. Integrating contemporary theoretical and applied research on ethics within a historical framework, Wight provides a thorough and accessible outline of all three schools, explaining how they fit or contrast with the economic welfare model. The book then uses these conceptual underpinnings to examine a range of contemporary topics, such as the 2008 financial crisis, the moral limits to markets, the findings of experimental economics, and the nature of economic justice. Wight's analysis is guided by the innovative concept of ethical pluralism—the recognition that each system has appropriate applications, and that no one prevails. He makes the case that considering a wider moral framework, rather than concentrating on utility maximization, can lead to a richer understanding of human behavior and better policy decisions. An incisive overview in a blossoming area of interest within Economics, this book is ideal for undergraduates or uninitiated readers who seek an introduction to this topic.Economics -- Moral and ethical aspectsEconomicsMoral and ethical aspectsElectronic books.Economics -- Moral and ethical aspects.EconomicsMoral and ethical aspects174/.4Wight Jonathan B.authttp://id.loc.gov/vocabulary/relators/aut1056760DE-B1597DE-B1597BOOK9910459891603321Ethics in Economics2491370UNINA