Ethics in Economics

Informationen zum Autor

Jonathan B. Wight is Professor of Economics at the University of Richmond. He is the author of "Saving Adam Smith: A Tale of Wealth, Transformation, and Virtue."

Klappentext

"Ethics in Economics" provides an introduction to the ethical systems that underpin economic debates. Jonathan B. Wight considers how outcomes, duties, and virtue work together in economic life to create wealth by addressing moral hazards and building trust.

"Two centuries after Adam Smith, ethics has been recognized as vital to economics. In this impressive book, Wight draws on sources that range from classical theorists to the very latest neuroscience in order to deftly integrate common moral concerns into an enhanced economics for the twenty-first century. This fast-paced read is a must for economists, policy analysts, and their students."

Auteur
Jonathan B. Wight is Professor of Economics at the University of Richmond. He is the author of Saving Adam Smith: A Tale of Wealth, Transformation, and Virtue.

Résumé
Ethics in Economics provides an introduction to the ethical systems that underpin economic debates. Jonathan B. Wight considers how outcomes, duties, and virtue work together in economic life to create wealth by addressing moral hazards and building trust.

Contenu

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