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008			140910s2015 cau b 001 0 eng c
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019			_a894937008
020			_a9780804793285 _q(cloth ; _qalk. paper)
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024	8		_a12149579
035			_a(OCoLC)894745951 _z(OCoLC)894937008
042			_apcc
050	0	0	_aHB72 _b.W537 2015
066			_c$1
082	0	0	_a174/.4 _223
084			_a174.4 _223
100	1		_aWight, Jonathan B., _eauthor.
245	1	0	_aEthics in economics : _ban introduction to moral frameworks / _cJonathan B. Wight.
264		1	_aStanford, California : _bStanford University Press, _c2015.
300			_axvii, 275 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index.
505	0		_aPart I. Moral frameworks : Why ethics matters -- Outcomes -- Duties, rules, and virtues -- Part II. Evaluating the economy : Welfare and efficiency -- Pareto efficiency and cost-benefit analysis -- Critiques of welfare as preference satisfaction -- Part III. Topics in ethics and economics : Moral limits to markets -- The science behind Adam Smith's ethics -- Ethics and the financial crisis of 2008 -- Economic justice: process versus outcomes -- Economic justice: equal opportunity -- Ethical pluralism in economics.
546			_aText in English.
520			_a"In 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."--Publisher's description.
650		0	_aEconomics _xMoral and ethical aspects.
650		7	_aEconomics _xMoral and ethical aspects. _2fast _0(OCoLC)fst00902162
650		7	_aWirtschaftsethik _2gnd
650		7	_aNationalekonomi _xetik och moral. _2sao
880			_6520-00/(3 _aIn '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.-- _cProvided by publisher.
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