On Ethics and Economics

In this elegant critique, Amartya Sen argues that welfare economics can be enriched by paying more explicit attention to ethics, and that modern ethical studies can also benefit from a closer contact with economies. He argues further that even predictive and descriptive economics can be helped by making more room for welfare-economic considerations in the explanation of behaviour.

Amartya Sen is Lamont University Professor at Harvard University. He is affiliated with the Departments of Economics and Philosophy.

Foreword
Preface
Economic Behaviour and Moral Sentiments
Two Origins
Achievements and Weakness
Economic Behaviour and Rationality
Rationality as Consistency
Self-interest and Rational Behaviour
Adam Smith and Self-interest
Economic Judgements and Moral Philosophy
Interpersonal Comparisons of Utility
Pareto Optimality and Economic Efficiency
Utility, Pareto Optimality and Welfarism
Well-being and Agency.Valuing and Value
Agency and Well-being: Distinction and Interdependence
Utility and Well-being
Achievements, Freedom and Rights
Self-interest and Welfare Economics
Rights and Freedom
Freedom and Consequences
Well-being, Agency and Freedom
Plurality and Evaluation
Incompletenes and Overcompleteness
Conflicts and Impasse
Rights and Consequence
Consequential Assessment and Deontology
Ethics and Economics
Welfare, Goals and Choices
Conduct, Ethics and Economics
References
Author Index
Subject Index
Table of Contents provided by Publisher. All Rights Reserved.

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On Ethics and Economics

Summary

Author Biography

Table of Contents

Supplemental Materials