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- DescriptionThis book introduces the moral philosophy of Immanuel Kant-in particular, the concepts of automy, dignity, and character-to ecomic theory, explaining the importance of integrating these two streams of intellectual thought. Mainstream ecomics is rooted in classical utilitarianism, recommending that decision makers choose the options that are expected to generate the largest net benefits. For individuals, the standard ecomic model fails to incorporate the role of principles in decision-making, and also denies the possibility of true choice, which can be independent of preferences and principles altogether. For policymakers, standard decision-making frameworks recommend tradeoffs that are beneficial in terms of material goods or wealth, but may be morally questionable from a more person-centered perspective. Integrating Kantian ethics affects ecomics in three important ways. This integration allows for a more complete understanding of human choice, incorporating t just preferences and constraints, but also principles and strength of will or character. It demonstrates the broader impact of welfare ecomics, which generates policies that affect t only persons' well-being, but also their dignity and automy. Finally, it reconciles the traditional, individualist stance in ecomic models of choice with the social responsibility emphasized by many systems of philosophical ethics and heterodox schools of ecomics.
- Author BiographyMark D. White is Professor in the Department of Political Science, Economics, and Philosophy at the College of Staten Island and The Graduate Center, CUNY. He has edited several books, the most recent of which are Accepting the Invisible Hand and The Thief of Time.
- Author(s)Mark D. White
- PublisherStanford University Press
- Date of Publication17/05/2011
- Place of PublicationPalo Alto
- Country of PublicationUnited States
- ImprintStanford University Press
- Weight526 g
- Width3895 mm
- Height5830 mm
- Spine534 mm
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