Journal article
Economics as a moral science
- Abstract:
- Economists frequently make judgments about economic welfare, but there is today little discussion of the foundations of welfare economics. It is assumed either that there is unanimity of interests, or that there is general acceptance of utilitarianism. This means that economics cannot address many key policy issues and that important differences in ethical views cannot be recognized. This paper argues that it is a legitimate exercise of economic analysis to examine the consequences of different ethical positions, taking case studies of employment as a macroeconomic objective, and the role of capabilities in the measurement of economic performance.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Access Document
- Files:
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(Preview, pdf, 202.0KB, Terms of use)
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- Publisher copy:
- 10.1111/j.1468-0335.2009.00788.x
Authors
- Publisher:
- John Wiley & Sons
- Journal:
- Economica More from this journal
- Volume:
- 76
- Issue:
- s1
- Pages:
- 791 - 804
- Publication date:
- 2009-01-01
- DOI:
- EISSN:
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1468-0335
- ISSN:
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0013-0427
- UUID:
-
uuid:bd4d6ee6-2ced-40ab-bacd-1024508237c6
- Local pid:
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oai:economics.ouls.ox.ac.uk:14633
- Deposit date:
-
2011-08-16
Terms of use
- Copyright holder:
- The London School of Economics and Political Science
- Copyright date:
- 2009
- Notes:
- Copyright The London School of Economics and Political Science 2009. Re-use of this article is permitted in accordance with the Terms and Conditions set out at http://wileyonlinelibrary.com/onlineopen#OnlineOpen_Terms
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