David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Beware of economists bearing advice. Though some of it is valuable, the framework of theoretical welfare economics from which economic advice usually issues has serious normative limitations and distortions. When economists go beyond identifying consequences of policies to making recommendations, they typically rely on a theory whose only normative concern is welfare and its distribution and that mistakenly identifies welfare with the satisfaction of preferences. Their advice about how to increase welfare must accordingly be regarded with caution, and policy makers must not forget that increasing welfare should not be their only goal.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Thomas Mayer (2001). The Role of Ideology in Disagreements Among Economists: A Quantitative Analysis. Journal of Economic Methodology 8 (2):253-273.
Fabienne Peter (2009). Rawlsian Justice. In Paul Anand, Prastanta Pattanaik & Clemens Puppe (eds.), The Handbook of Rational and Social Choice. Oxford University Press. 433--456.
Eric Wiland (2000). Good Advice and Rational Action. Philosophy and Phenomenological Research 60 (3):561-569.
Daniel M. Hausman (2006). Economic Analysis, Moral Philosophy, and Public Policy. Cambridge University Press.
Olof Johansson-Stenman (1998). On the Problematic Link Between Fundamental Ethics and Economic Policy Recommendations. Journal of Economic Methodology 5 (2):263-297.
Elizabeth Anderson (2001). Symposium on Amartya Sen's Philosophy: 2 Unstrapping the Straitjacket of ‘Preference’: A Comment on Amartya Sen's Contributions to Philosophy and Economics. Economics and Philosophy 17 (1):21-38.
Added to index2009-01-28
Total downloads27 ( #75,599 of 1,679,365 )
Recent downloads (6 months)4 ( #60,351 of 1,679,365 )
How can I increase my downloads?