Economics and Ethics

Amitava Krishna Dutt is Professor of Economics and Fellow of the Kellogg Institute of International Studies and the Kroc Institute of International Peace Studies. He is the author or editor of several books, including Growth, distribution and uneven development (1990) and International Handbook of Development Economics (2008, co-editor) and numerous scholarly economics journals and edited volumes. Charles K. Wilber is Professor Emeritus of Economics and Fellow, Joan B. Kroc Institute for International Peace Studies, University of Notre Dame, USA. He has written extensively on economic development, economic methodology, and economic ethics. His books include The Soviet Model and Underdeveloped Countries, An Inquiry into the Poverty of Economics, and Economics, Ethics and Public Policy (ed.).

Preface PART I: INTRODUCTION AND BACKGROUND Introduction Economics Without Ethics? Approaches to Ethics and Justice PART II: ETHICAL VALUES, INDIVIDUAL BEHAVIOR AND SOCIAL INTERACTIONS Individuals, Norms and Ethical Values Social Interactions and Ethical Values Markets and Ethical Values PART III: ETHICAL ISSUES FOR EVALUATING ECONOMICS AND ECONOMIC POLICY ANALYSIS The Morality of Markets and Government Intervention Individual Preferences, Efficiency and Cost-Benefit Analysis Production, Income and Growth Fairness, Distribution and Equality PART IV: APPLICATIONS AND CONCLUSION Ethics and Applied Economics Conclusion References Index