Ethics in Economics: An Introduction to Moral Frameworks by Wight, Jonathan B.
Ethics in Economics: An Introduction to Moral Frameworks by Wight, Jonathan B.

Ethics in Economics: An Introduction to Moral Frameworks

In Ethics in Economics , Jonathan B. Wight provides an overview of the role that ethical considerations...
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$89.32 SGD
SKU: 9780804794534
Product Type: Books
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Author: Jonathan B. Wight
Format: Paperback
Language: English
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Ethics in Economics: An Introduction to Moral Frameworks by Wight, Jonathan B.

Ethics in Economics: An Introduction to Moral Frameworks

$89.32
Ethics in Economics: An Introduction to Moral Frameworks by Wight, Jonathan B.

Ethics in Economics: An Introduction to Moral Frameworks

$89.32
Author: Jonathan B. Wight
Format: Paperback
Language: English
Description

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.



Author: Jonathan B. Wight
Publisher: Stanford Economics and Finance
Published: 04/22/2015
Pages: 296
Binding Type: Paperback
Weight: 0.80lbs
Size: 9.00h x 6.00w x 0.60d
ISBN: 9780804794534


Review Citation(s):
Choice 10/01/2015

About the Author
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.
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