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  1. added 2019-03-11
    Relational Economics: An African Approach to Distributive Justice.Thaddeus Metz - forthcoming - Ethical Perspectives.
    Recent work by comparative philosophers, global ethicists, and cross-cultural value theorists indicates that, unlike most Western thinkers, those in many other parts of the globe, such as indigenous Africa, East Asia, and Latin America, tend to prize relationality. These relational values include enjoying a sense of togetherness, participating cooperatively, creating something new together, engaging in mutual aid, and being compassionate. Global economic practices and internationally influential theories pertaining to justice, development, and normative economics over the past 50 years have been (...)
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  2. added 2019-01-07
    Why Are We Waiting? The Logic, Urgency, and Promise of Tackling Climate Change. [REVIEW]Eric Brandstedt - 2018 - Ethics, Policy and Environment 21 (3):405-408.
  3. added 2018-12-19
    Do People Deserve Their Economic Rents?Thomas Mulligan - 2018 - Erasmus Journal for Philosophy and Economics 11 (2):163-190.
    Rather than answering the broad question, ‘What is a just income?’, in this essay I consider one component of income—economic rent—under one understanding of justice—as giving people what they deserve. As it turns out, the answer to this more focused question is ‘no’. People do not deserve their economic rents, and there is no bar of justice to their confiscation. After briefly covering the concept of desert and explaining what economic rents are, I analyze six types of rent and show (...)
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  4. added 2018-09-10
    Replacing Development: An Afro-Communal Approach to Global Justice.Thaddeus Metz - 2018 - In Uchenna Benedict Okeja (ed.), African Philosophy and Global Justice: Critical Essays. Routledge. pp. ch. 6.
    Reprint of an article that first appeared in Philosophical Papers (2017).
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  5. added 2018-09-06
    Equal Opportunity or Equal Social Outcome?Marc Fleurbaey - 1994 - Economics and Philosophy 10 (2):25-55.
    John Rawls's work (1971) has greatly contributed to rehabilitating equality as a basic social value, after decades of utilitarian hegemony,particularly in normative economics, but Rawls also emphasized that full equality of welfare is not an adequate goal either. This thesis was echoed in Dworkin's famous twin papers on equality (Dworkin 1981a,b), and it is now widely accepted that egalitarianism must be selective. The bulk of the debate on ‘Equality of What?’ thus deals with what variables ought to be submitted for (...)
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  6. added 2018-05-19
    From Homo-Economicus to Homo-Virtus: A System-Theoretic Model for Raising Moral Self-Awareness.Julian Friedland - 2019 - Journal of Business Ethics 155 (1):191-205.
    There is growing concern that a global economic system fueled predominately by financial incentives may not maximize human flourishing and social welfare externalities. If so, this presents a challenge of how to get economic actors to adopt a more virtuous motivational mindset. Relying on historical, psychological, and philosophical research, we show how such a mindset can be instilled. First, we demonstrate that historically, financial self-interest has never in fact been the only guiding motive behind free markets, but that markets themselves (...)
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  7. added 2018-05-17
    Introduction: Symposium on Robust Political Economy.Nick Cowen - 2016 - Critical Review 28 (3-4):420-439.
    Mark Pennington’s Robust Political Economy is a systematic exposition of a framework for analyzing institutional performance. The Robust Political Economy framework evaluates institutions according to their ability to solve knowledge and incentive problems. On grounds of robustness, Pennington combines insights from Austrian market-process theory and public-choice theory to defend classical liberalism from several compelling critiques. These include theories of market failure in economics; communitarian, deliberative-democratic, and liberal-egalitarian theories of justice; and concerns with social capital, domestic and international poverty, and ecology.
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  8. added 2018-04-30
    ANTICORRUPTION NATIONAL SYSTEM: Model Whistleblowers Direct Citizen Action Against Corruption in Mexico.Carlos Medel-Ramírez - 2018 - Social Science Research Network:1-12.
    The phenomenon of corruption is a cancer that affects our country and that it is necessary to eradicate; This dilutes the opportunities for economic and social development, privileging the single conjunction of particular interests, political actors in non-legal agreements for their own benefit, which lead to acts of corruption. Recent studies indicate that the level of corruption present in a political system is directly related to the type of institutional structure that defines it (Boehm and Lambsdorff, 2009), as well as (...)
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  9. added 2018-04-09
    Les origines de la distinction entre positif et normatif en économie.Philippe Mongin - 2018 - Revue Philosophique De Louvain 116:451–480.
    Abstract: Economists are accustomed to distinguishing between a positive and a normative component of their work, a distinction that is peculiar to their field, having no exact counterpart in the other social sciences. The distinction has substantially changed over time, and the different ways of understanding it today are reflective of its history. Our objective is to trace the origins and initial forms of the distinction, from the English classical political economy of the first half of the 19th century to (...)
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  10. added 2018-02-17
    Handbook of Rational and Social Choice.Paul Anand, Prasanta Pattanaik & Clemens Puppe (eds.) - 2009 - Oxford University Press.
    This volume provides an overview of issues arising in work on the foundations of decision theory and social choice. The collection will be of particular value to researchers in economics with interests in utility or welfare, but also to any social scientist or philosopher interested in theories of rationality or group decision-making.
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  11. added 2018-02-17
    Ethics, Efficiency and the Market.Allen Buchanan - 1985 - Rowman & Littlefield Publishers.
    This is a systematic evaluation of the main arguments for and against the market as an instrument of social organization, balancing efficiency and justice. It links the distinctive approaches of philosophy and economics to this evaluation.
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  12. added 2017-11-13
    Elements of an Evolutionary Theory of Welfare: Assessing Welfare When Preferences Change.Martin Binder - 2010 - Routledge.
    It has always been an important task of economics to assess individual and social welfare. The traditional approach has assumed that the measuring rod for welfare is the satisfaction of the individual’s given and unchanging preferences, but recent work in behavioural economics has called this into question by pointing out the inconsistencies and context-dependencies of human behaviour. When preferences are no longer consistent, we have to ask whether a different measure for individual welfare can, and should, be found. This book (...)
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  13. added 2017-11-12
    A Right to Work and Fair Conditions of Employment.Kory Schaff - 2017 - In Fair Work: Ethics, Social Policy, Globalization. London: Rowman and Littlefield, Intl.. pp. 41-55.
  14. added 2017-10-30
    “Book Review: Illiberal Reformers: Race, Eugenics, and American Economics in the Progressive Era “. [REVIEW]Alexander C. Cartwright - 2016 - Libertarian Papers 8:329-335.
    Thomas C. Leonard presents an intellectual history of the Progressive Era from the perspective of economists. It is hard to understate the influence this group had in developing Progressive ideas. Leonard brilliantly details how Progressive economists wielded enormous influence not only in spreading ideas about traditional economic concepts, but also ideas and theories that influenced political and civil liberties. For example, the Progressives gave us the social science professor, the scholar-activist, social worker, muckraking journalist, and expert government advisor. All of (...)
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  15. added 2017-10-06
    Normes et jugements de valeur en économie normative.Philippe Mongin - 1999 - Social Science Information 38 (4):521-553.
    This paper discusses the nature of normative economics by distinguishing the alternative conceptions that economists have entertained in this respect. It attempts at connecting these conceptions with their philosophical sources, which essentially consist in variants of positivism and Weber's philosophy of values. The paper defends the claim that positive and normative economics differ from each other to the extent that the former does not, while the latter does, involve value judgments made by the theorist himself. This claim runs counter to (...)
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  16. added 2017-03-11
    The Moral Justification of Benefit/Cost Analysis: Donald C. Hubin.Donald C. Hubin - 1994 - Economics and Philosophy 10 (2):169-194.
    Benefit/cost analysis is a technique for evaluating programs, procedures, and actions; it is not a moral theory. There is significant controversy over the moral justification of benefit/cost analysis. When a procedure for evaluating social policy is challenged on moral grounds, defenders frequently seek a justification by construing the procedure as the practical embodiment of a correct moral theory. This has the apparent advantage of avoiding difficult empirical questions concerning such matters as the consequences of using the procedure. So, for example, (...)
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  17. added 2017-02-13
    49 Positive Versus Normative Economics.Eric van de Laar & Jan Peil - 2009 - In Jan Peil & Irene van Staveren (eds.), Handbook of Economics and Ethics. Edward Elgar.
  18. added 2017-02-07
    Toward a Better Understanding of the Positive/Normative Distinction in Economics.Samuel C. Weston - 1994 - Economics and Philosophy 10 (1):1.
    This essay argues in favor of retaining the positive/normative distinction in economics, in spite of developments in methodology and epistemology that have cast doubt on the possibility of a “value-free” economics. The central claim is that it is worthwhile to distinguish between positive economic analysis and normative judgments, even if economics is viewed as being permeated with ethical values. This argument is presented without trying either to demonstrate that there is a profound epistemological difference between science and ethics or to (...)
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  19. added 2017-01-28
    L'économie Normative.Hubert Brochier - 1997
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  20. added 2017-01-26
    An Essay in Normative Economics.Phillip J. Nelson - forthcoming - Social Research.
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  21. added 2017-01-26
    6 The Normative Significance of the Individual in Economics.John B. Davis - 2006 - In Betsy Jane Clary, Wilfred Dolfsma & Deborah M. Figart (eds.), Ethics and the Market: Insights From Social Economics. Routledge. pp. 69.
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  22. added 2017-01-14
    The Positive-Normative Dichotomy and Economics.D. Wade Hands - 2012 - In Uskali Mäki (ed.), Philosophy of Economics. Elsevier. pp. 219-39.
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  23. added 2017-01-12
    Pure Time Preference in Intertemporal Welfare Economics.J. Paul Kelleher - 2017 - Economics and Philosophy 33 (3):441-473.
    Several areas of welfare economics seek to evaluate states of affairs as a function of interpersonally comparable individual utilities. The aim is to map each state of affairs onto a vector of individual utilities, and then to produce an ordering of these vectors that can be represented by a mathematical function assigning a real number to each. When this approach is used in intertemporal contexts, a central theoretical question concerns the evaluative weight to be applied to utility coming at different (...)
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  24. added 2017-01-08
    In Search of Lost Nudges.Guilhem Lecouteux - 2015 - Review of Philosophy and Psychology 6 (3):397-408.
    This paper discusses the validity of nudges to tackle time-inconsistent behaviours. I show that libertarian paternalism is grounded on a peculiar model of personal identity, and that the argument according to which nudges may improve one’s self-assessed well-being can be seriously questioned. I show that time inconsistencies do not necessarily reveal that the decision maker is irrational: they can also be the result of discounting over the degree of psychological connectedness between our successive selves rather than over time. Time inconsistency (...)
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  25. added 2016-12-08
    Altruism as a Thick Concept.Michael Schefczyk & Mark Peacock - 2010 - Economics and Philosophy 26 (2):165-187.
    In this paper, we examine different forms of altruism. We commence by analysing the definition and, after clarifying its conditions for altruism, we argue that it is not in with everyday linguistic usage of the term. We therefore consider a definition, which we likewise refine, and argue that it better reflects ordinary language use. Both behavioural and psychological approaches define altruism descriptively and thus fail to capture an important aspect of altruism, namely its normative component. Altruism, we argue, is a, (...)
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  26. added 2016-04-21
    Review of Brennan and Jaworski, Markets Without Limits. [REVIEW]Jonny Anomaly - 2016 - Notre Dame Philosophical Reviews:00.
  27. added 2016-04-20
    Capitalisme, propriété et solidarité.Marc-Kevin Daoust (ed.) - 2016 - Les Cahiers d'Ithaque.
    Le but de ce recueil est d’offrir des commentaires accessibles et introductifs aux textes classiques qu’ils accompagnent, en ouvrant des perspectives de discussion sur le thème du capitalisme. C’est en ce sens qu’Emmanuel Chaput lance le débat en commentant le texte de Pierre-Joseph Proudhon, « Qu’est-ce que la propriété ? ». Les textes de Karl Marx ne sont bien sûr pas laissés pour compte : Samuel-Élie Lesage s’engage fermement dans cette voie en discutant L’idéologie allemande de Karl Marx, Christiane Bailey (...)
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  28. added 2015-10-22
    Milton Friedman on Freedom and the Negative Income Tax.Joshua Preiss - forthcoming - Basic Income Studies 10.
    In addition to his Noble Prize-winning work in economics, Milton Friedman produced some of the most influential philosophical work on the role of government in a free society. Despite his great influence, there remains a dearth of scholarship on Friedman’s social and political philosophy. This paper helps to fill this large void by providing a conceptual analysis of Friedman’s theory of freedom. In addition, I argue that a careful reading of his arguments for freedom ought to lead Friedman, and like-minded (...)
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  29. added 2015-09-10
    Normative Ecological Rationality: Normative Rationality in the Fast-and-Frugal-Heuristics Research Program.D. Wade Hands - 2014 - Journal of Economic Methodology 21 (4):396-410.
    The purpose of this paper is to examine the normative interpretation of the fast-and-frugal research program and in particular to contrast it with the normative reading of rational choice theory and behavioral economics. The ecological rationality of fast-and-frugal heuristics is admittedly a form of normative naturalism – it derives what agents “ought” to do from that which “is” ecologically rational – and the paper will examine how this differs from the normative rationality associated with rational choice theory. I will also (...)
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  30. added 2015-09-10
    Mark Blaug on the Normativity of Welfare Economics.D. Wade Hands - 2013 - Erasmus Journal for Philosophy and Economics 6 (3):1-25.
    Abstract: This paper examines Mark Blaug's position on the normative character of Paretian welfare economics: in general, and specifically with respect to his debate with Pieter Hennipman over this question during the 1990s. The paper also clarifies some of the confusions that emerged within the context of this debate, and closes by providing some additional arguments supporting Blaug's position that he himself did not provide.
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  31. added 2015-04-14
    Order Ethics, Economics, and Game Theory.Nikil Mukerji & Christoph Schumacher - 2016 - In Christoph Luetge & Nikil Mukerji (eds.), Order Ethics: An Ethical Framework for the Social Market Economy. Springer. pp. 93-108.
    We offer a concise introduction to the methodology of order-ethics and highlight how it connects aspects of economic theory and, in particular, game theory with traditional ethical considerations. The discussion is conducted along the lines of five basic propositions, which are used to characterize the methodological approach of order ethics.
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  32. added 2014-10-16
    On a Fallacy in the Kaldor-Hicks Efficiency-Equity Analysis.David Ellerman - 2014 - Constitutional Political Economy 25 (2):125-136.
    This paper shows that implicit assumptions about the numeraire good in the Kaldor-Hicks efficiency-equity analysis involve a "same-yardstick" fallacy (a fallacy pointed out by Paul Samuelson in another context). These results have negative implications for cost-benefit analysis, the wealth-maximization approach to law and economics, and other parts of applied welfare economics--as well as for the whole vision of economics based on the "production and distribution of social wealth.".
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  33. added 2014-10-10
    Why Economic Modelers Can't Exclude Psychological Processing Variables.Don Ross - 2010 - Journal of Economic Methodology 17 (1):87-92.
  34. added 2014-09-30
    Is There a Sacrifice-Free Solution to Climate Change?J. Paul Kelleher - 2015 - Ethics, Policy and Environment 18 (1):68-78.
    John Broome claims that there is a sacrifice-free solution to climate change. He says this is a consequence of elementary economics. After explaining the economic argument in somewhat more detail than Broome, I show that the argument is unsound. A main problem with it stems from Derek Parfit's ‘nonidentity effect.’ But there is hope, since the nonidentity effect underwrites a more philosophical yet more plausible route to a sacrifice-free solution. So in the end I join Broome in asking economists and (...)
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  35. added 2014-09-25
    Sen's Idea of Justice and the Locus of Normative Reasoning.Fabienne Peter - 2012 - Journal of Economic Methodology 19 (2):165 - 167.
    Journal of Economic Methodology, Volume 19, Issue 2, Page 165-167, June 2012.
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  36. added 2014-09-25
    Welfare and Rational Care, by Stephen Darwall. Princeton University Press, 2002, Xi + 135 Pages. [REVIEW]Jonas Olson - 2006 - Economics and Philosophy 22 (1):171-177.
  37. added 2014-09-25
    Social Welfare and Individual Responsibility, David Schmidtz and Robert E. Goodin. Cambridge University Press, 1999, XVIII + 222 Pages. [REVIEW]Thomas J. Nechyba - 2000 - Economics and Philosophy 16 (2):333-378.
  38. added 2014-09-25
    Daniels on Rationing Medical Care.John McKie - 1999 - Economics and Philosophy 15 (1):109.
  39. added 2014-09-25
    What Should We Do About Future Generations?Yew-Kwang Ng - 1989 - Economics and Philosophy 5 (2):235.
    Parfit's requirements for an ideal Theory X cannot be fully met since the Mere Addition Principle and Non-Antiegalitarianism imply the Repugnant Conclusion: Theory X does not exist. However, since the Repugnant Conclusion is really compelling, the Impersonal Total Principle should be adopted for impartial comparisons concerning future generations. Nevertheless, where our own interests are affected, we may yet choose to be partial, trading off our concern for future goodness with our self-interests. Theory X' meets all Parfit's requirements except the Mere (...)
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  40. added 2014-09-18
    'Economic Imperialism' in Health Care Resource Allocation – How Can Equity Considerations Be Incorporated Into Economic Evaluation?Andrea Klonschinski - 2014 - Journal of Economic Methodology 21 (2):158-174.
    That the maximization of quality-adjusted life years violates concerns for fairness is well known. One approach to face this issue is to elicit fairness preferences of the public empirically and to incorporate the corresponding equity weights into cost-utility analysis (CUA). It is thereby sought to encounter the objections by means of an axiological modification while leaving the value-maximizing framework of CUA intact. Based on the work of Lübbe (2005, 2009a, 2009b, 2010, forthcoming), this paper questions this strategy and scrutinizes the (...)
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  41. added 2014-09-16
    Reply to Putnam and Walsh.Partha Dasgupta - 2007 - Economics and Philosophy 23 (3):365-372.
    Social thinkers frequently remind us that people differ on what constitutes personal well-being, but that even when they don't differ, they disagree over the extent to which one person's well-being can be permitted to be traded off against another's. They tell us that political differences are to be traced to differences in people's conceptions of personal and social well-being. We are given to understand, in other words, that people's ethics differ.
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  42. added 2014-09-16
    Symposium on the Rationing of Health Care: 1 Rationing Medical Care — An Economist's Perspective.Peter Diamond - 1998 - Economics and Philosophy 14 (1):1.
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  43. added 2014-09-15
    Public Policy and the Conditional Value of Happiness.Jan-Willem van der Rijt - 2013 - Economics and Philosophy 29 (3):381-408.
    This paper examines the increasingly popular view that new insights from the science of subjective well-being (SSWB) should play a prominent role in the determination of public policy. Though there are instrumental reasons for caring about societal happiness too, these political aspirations of the SSWB appear to be mostly intrinsically motivated. As the intrinsic value of happiness is endorsed across the political happiness as a fitting response to the state of the world, authenticity, and merit – it is shown that (...)
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  44. added 2014-09-15
    Beyond the Positive–Normative Dichotomy: Some Remarks on Colander's Lost Art of Economics.Huei-Chun Su - 2012 - Journal of Economic Methodology 19 (4):375-390.
    In a series of articles later collected in his book The Lost Art of Economics, David Colander argues that the dichotomous distinction of positive and normative economics has misled economists into treating applied policy economics as part of positive economics and hence adopting the methodology of positive economics for applied policy analysis. Colander therefore urges a reintroduction of the art of economics and calls for a serious discussion on the appropriate methodology for applied policy work. This paper first explores some (...)
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  45. added 2014-09-15
    Book Review: Gintis, H., Bowles, S., Boyd, R., & Fehr, E., Eds. (2005). Moral Sentiments and Material Interests. Cambridge, MA: MIT Press. Pp. Xii + 404. US $50. [REVIEW]M. Bunge - 2007 - Philosophy of the Social Sciences 37 (4):543-547.
  46. added 2014-09-15
    Model Selection and Multiple Research Goals: The Case of Rational Addiction.Andrew M. Yuengert - 2006 - Journal of Economic Methodology 13 (1):77-96.
    A comparison of rational addiction and time inconsistency models of addiction highlights the complexities of model selection when researchers have goals in addition to empirical fit. Although currently the two models of addiction are underdetermined by data, each offers a different understanding of addiction; moreover, the two models offer starkly different policy implications. When the goals of understanding and policy usefulness are added to the goal of empirical fit, a more complex account of model selection is needed. First, the principle (...)
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  47. added 2014-09-15
    Normative Notions in Descriptive Dialogues.Chris Starmer - 2005 - Journal of Economic Methodology 12 (2):277-289.
    Developments in the theory of individual decision?making have been partly shaped by two criteria: a desire for models consistent with experimental evidence; and a pre?commitment to models built on normatively appealing axioms. This paper explores the compatibility of these two selection criteria. The paper reconstructs and scrutinises an argument due to Friedman and Savage asserting that the normative appeal of axioms provides a source of ?indirect? evidence. I judge their argument questionable and, at best, incomplete. As such it does not (...)
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  48. added 2014-09-15
    Basic Income Versus Wage Subsidies: Competing Instruments in an Optimal Tax Model with a Maximin Objective.Robert van der Veen - 2004 - Economics and Philosophy 20 (1):147-183.
    This article challenges the general thesis that an unconditional basic income, set at the highest sustainable level, is required for maximizing the income-leisure opportunities of the least advantaged, when income varies according to the responsible factor of labor input. In a linear optimal taxation model (of a type suggested by Vandenbroucke 2001) in which opportunities depend only on individual productivity, adding the instrument of a uniform wage subsidy generates an array of undominated policies besides the basic income maximizing policy, including (...)
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  49. added 2014-09-15
    The Ethics and Economics of the Minimum Wage.T. M. Wilkinson - 2004 - Economics and Philosophy 20 (2):351-374.
    This paper develops a normative evaluation of the minimum wage in the light of recent evidence and theory about its effects. It argues that the minimum wage should be evaluated using a consequentialist criterion that gives priority to the jobs and incomes of the worst off. This criterion would be accepted by many different types of consequentialism, especially given the two major views about what the minimum wage does. One is that the minimum wage harms the jobs and incomes of (...)
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  50. added 2014-09-15
    Economic Consumption, Pleasure, and the Good Life.Philip Cafaro - 2001 - Journal of Social Philosophy 32 (4):471–486.
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