Book Review:Thoughtful Economic Man: Essays on Rationality, Moral Rules and Benevolence. Gay Meeks
Ethics 103 (3):572- (1993)
| Abstract | Some have attempted to justify benefit/ cost analysis by appealing to a moral theory that appears to directly ground the technique. This approach is unsuccessful because the moral theory in question is wildly implausible and, even if it were correct, it would probably not endorse the unrestricted use of benefit/ cost analysis. Nevertheless, there is reason to think that a carefully restricted use of benefit/ cost analysis will be justifiable from a wide variety of plausible moral perspectives. From this, it is reasonable to conclude that such use of the technique is probably morally justified and should be acceptable to most people. | |||||||||
| Keywords | cost/benefit analysis moral theory economic analysis | |||||||||
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Donald C. Hubin (1994). The Moral Justification of Benefit/Cost Analysis. Economics and Philosophy 10 (02):169-.
Rosemary Lowry & Martin Peterson (2012). Cost-Benefit Analysis and Non-Utilitarian Ethics. Politics, Philosophy and Economics 11 (3):258-279.
Matthew D. Adler & Eric A. Posner (eds.) (2001). Cost-Benefit Analysis: Legal, Economic, and Philosophical Perspectives. University of Chicago Press.
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Daniel M. Hausman (2006). Economic Analysis, Moral Philosophy, and Public Policy. Cambridge University Press.
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George J. Agich (1987). Incentives and Obligations Under Prospective Payment. Journal of Medicine and Philosophy 12 (2):123-144.
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