Download or read book Wellbeing Nature and Moral Values in Economics written by Heinz Welsch and published by Taylor & Francis. This book was released on 2023-02-15 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on more modern expressions of economic analysis, this book explores the interplay between wellbeing, nature and moral values in economics. In standard accounts of economics, these three themes are typically treated in isolation from each other, or else overlooked entirely. This book argues that due to this blinkered approach, standard economic analysis is poorly equipped to deal with global contemporary challenges including climate change, biodiversity loss, sustainability, and the risk of pandemic diseases. The book reviews the economic literature to show that the last few decades has seen the re-insertion into economic analysis of human wellbeing, natural resources and moral values: three themes present in early economic thought that are highly relevant to the challenges ahead. The book argues for the greater integration of these three themes as the natural environment is crucial to human wellbeing, and moral values are essential for environmentally benign behaviors. The book also focuses on how specific moral values, identified by contemporary moral psychology, actually shape economic behavior rather than how abstract ethical principles they should shape economic behavior. The book will be of significant interest to readers in the economics and social sciences, particularly behavioral economics and social psychology.

Download or read book Human Well Being and Economic Goals written by Frank Ackerman and published by Island Press. This book was released on 1997-11-01 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the ends of economic activity? According to neoclassical theory, efficient interaction of the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that issue, considering such questions as: Does the maximization of individual welfare really lead to social welfare? How can we deal with questions of relative welfare and of equity? How do we define, or at least understand, individual and social welfare? And how can these things be measured, or even assessed? Human Well-Being and Economic Goals brings together more than 75 concise summaries of the most significant literature in the field that consider issues of present and future individual and social welfare, national development, consumption, and equity. Like its predecessors in the Frontier Issues in Economic Thought series, it takes a multidisciplinary approach to economic concerns, examining their sociological, philosophical, and psychological aspects and implications as well as their economic underpinnings. Human Well-Being and Economic Goals provides a powerful introduction to the current and historical writings that examine the concept of human well-being in ways that can help us to set goals for economic activity and judge its success. It is a valuable summary and overview for students, economists, and social scientists concerned with these issues.

Download or read book Moral Markets written by Paul J. Zak and published by Princeton University Press. This book was released on 2010-12-16 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it? Drawing on converging evidence from neuroscience, social science, biology, law, and philosophy, Moral Markets makes the case that modern market exchange works only because most people, most of the time, act virtuously. Competition and greed are certainly part of economics, but Moral Markets shows how the rules of market exchange have evolved to promote moral behavior and how exchange itself may make us more virtuous. Examining the biological basis of economic morality, tracing the connections between morality and markets, and exploring the profound implications of both, Moral Markets provides a surprising and fundamentally new view of economics--one that also reconnects the field to Adam Smith's position that morality has a biological basis. Moral Markets, the result of an extensive collaboration between leading social and natural scientists, includes contributions by neuroeconomist Paul Zak; economists Robert H. Frank, Herbert Gintis, Vernon Smith (winner of the 2002 Nobel Prize in economics), and Bart Wilson; law professors Oliver Goodenough, Erin O'Hara, and Lynn Stout; philosophers William Casebeer and Robert Solomon; primatologists Sarah Brosnan and Frans de Waal; biologists Carl Bergstrom, Ben Kerr, and Peter Richerson; anthropologists Robert Boyd and Michael Lachmann; political scientists Elinor Ostrom and David Schwab; management professor Rakesh Khurana; computational science and informatics doctoral candidate Erik Kimbrough; and business writer Charles Handy.

Download or read book Valuing Nature written by John Foster and published by Routledge. This book was released on 1997-05 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

Download or read book Environmental Protection and Economic Well being written by Thomas M. Power and published by M.E. Sharpe. This book was released on 1996 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suggests how theories and techniques widely used in business and industry can be applied to schools as a group complementing each other. For administrators, reformers, teachers, parents, and anyone else interested in education. Explains the theory behind each of the five technologies, then describes tools for its implementation. Annotation copyright by Book News, Inc., Portland, OR

Download or read book Why Ethical Behaviour is Good for the Economy written by Morris Altman and published by Edward Elgar Publishing. This book was released on 2020-05-29 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book offers a nuanced critique of the nudge narrative, and demonstrates why and how ethical behaviour can have significant positive economic and wellbeing outcomes. Morris Altman models a complex alternative to the expectations of ethical behaviour and shows how this behaviour can be consistent with competitive market economies, contrary to what conventional economic theory suggests.

Download or read book Environmental Values written by John O'Neill and published by Routledge. This book was released on 2008-06-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live in a world confronted by mounting environmental problems; increasing global deforestation and desertification, loss of species diversity, pollution and global warming. In everyday life people mourn the loss of valued landscapes and urban spaces. Underlying these problems are conflicting priorities and values. Yet dominant approaches to policy-making seem ill-equipped to capture the various ways in which the environment matters to us. Environmental Values introduces readers to these issues by presenting, and then challenging, two dominant approaches to environmental decision-making, one from environmental economics, the other from environmental philosophy. The authors present a sustained case for questioning the underlying ethical theories of both of these traditions. They defend a pluralistic alternative rooted in the rich everyday relations of humans to the environments they inhabit, providing a path for integrating human needs with environmental protection through an understanding of the narrative and history of particular places. The book examines the implications of this approach for policy issues such as biodiversity conservation and sustainability. Written in a clear and accessible style for an interdisciplinary audience, this volume will be ideal for student use in environmental courses in geography, economics, philosophy, politics and sociology.

Download or read book The Quality of Life written by Martha Nussbaum and published by Oxford University Press. This book was released on 1993-03-11 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commentator: Ruth Anna Putnam

Download or read book Critical Theory and Economics written by Robin Maialeh and published by Taylor & Francis. This book was released on 2023-03-23 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book expands upon a range of economic insights within the overall context of critical theory, particularly with respect to the question of socioeconomic inequalities, and presents an explanation of how critical theory provides a number of interesting perspectives for economists. Economic agents, deliberately imprisoned in their instrumental rationality as a means to survive under competitive relationships, are microscopic constituents of systemic forces which exist beyond their will. Despite the subjective rationality of such agents in terms of formally logical transitivity and consistency, aggregate market distributional mechanisms also display non-rational patterns. The crucial aspect of the dynamics of this system consists of the paralysing effect of the high level of socioeconomic inequality, which is driven by a permanent struggle for self-preservation under competitive rules; it is a reminiscence of natural, uncivilised relationships that constituted the reproduction process of the whole. These reified agents thus become instruments of their socially constructed powers on the one hand, and objects of their existential conditionality on the other. Hence, the dialectical approach adopted by the author aims to uncover the way in which structurally genetic market forces govern individual behaviour, as well as how individual behaviour shapes these structurally genetic forces, which, together, form the transcending principles of unequal distribution. This book will be of particular interest to scholars of the political economy, philosophy and the methodology of the social sciences, especially those concerned with inequality issues. This book includes a preface written by Professor Martin Jay.

Download or read book History of Environmental Economic Thought written by Erhun Kula and published by Psychology Press. This book was released on 1998 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the ideas of major figures in economics throughout history on key environmental issues such as population growth, resource scarcity and environmental contamination. Throughout, the historical roots of current debates are explored with empirical case studies illustrating the link between theory and practice. The final chapters look at current ideas on sustainability, and ethical and spiritual dimensions of humanity's relationship with the environment. Providing fascinating insight into the development of environmental economic thought, this volume will be of great interest to students and researchers in the history of economic thought and environmental economics.

Download or read book Socialist Economic Systems written by Steven Rosefielde and published by Taylor & Francis. This book was released on 2023-06-29 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernie Sanders’ socialist advocacy in the United States, communist China’s economic successes and a Marxist revival are inspiring many to muse about improved strategies for building superior socialist futures. Socialist Economic Systems provides an objective record of socialism’s promises and performance during 1820–2022, identifies a feasible path forward and provides a rigorous analytic framework for the comparison of economic systems. The book opens by surveying pre-industrial utopias from Plato to Thomas More, and libertarian communal designs for superior living. It plumbs all aspects of the revolutionary and democratic socialist political movements that emerged after 1870 and considers the comparative economic, political and social performance of the USSR and others from the Bolshevik Revolution onwards. The book also provides case studies for all revolutionary Marxist–Leninist regimes, and supplementary discussions of Mondragon cooperatives, Israeli kibbutzim, Nordic corporatism and European democratic socialism. It investigates the theoretical and practical complexities of command-planning, reform communism, market communism, worker economic management and egalitarianism. It examines communism as an engine of economic growth, and a mechanism for improving people’s quality of existence, including living standards, labor self-governance, egalitarianism, social justice, and prevention of crimes against humanity before addressing the perennial question of what needs to be done next. A suggested path forward is elaborated drawing lessons from the warts-and-all historical performance of socialist economies during 1917–2022 and failed socialist prophesy. The evidence indicates that the key to 21st-century socialism success lies in empowering workers of all descriptions to govern democratically for their mutual protection and welfare without the extraneous imposition of priorities imposed by other movements. The book is essential reading for anyone interested in socialism, political economy, comparative economic systems, and political and social history.

Download or read book Innovation Complexity and Economic Evolution written by Pier Paolo Saviotti and published by Taylor & Francis. This book was released on 2023-03-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: If evolutionary economics is to compete with neoclassical economics as a general-purpose economic theory, it needs to incorporate new aspects of socioeconomic reality, such as institutions of all types, including technical, scientific, and political. Furthermore, evolutionary economics needs to be able to provide policy implications at least as interesting as those of neoclassical economics. Thus, as this book argues, evolutionary economics must become evolutionary political economy. Innovation plays a central role in the book, but not in the sense of providing a technologically determinist interpretation. Rather, the book argues that innovations do not emerge in isolation from other components of socioeconomic systems but coevolve with institutions, infrastructures and organizational forms. This concept of coevolution is absolutely central in the book and provides a link with theories of complexity. In addition to providing an epistemological basis for evolutionary economics, the link with complexity and coevolution offers the connection with evolutionary political economy. Innovations and technologies do not emerge and develop in an institutional vacuum, but interact with existing institutions and reshape them, in addition to inducing the formation of new institutions. In this process, technologies and institutions reinforce each other providing a potential mechanism to transform socioeconomic systems. The book also explores the policy implications of these innovative societies, where wealth is created but unequally distributed. The book is addressed to open-minded economists, social scientists who are dissatisfied with the approach of neoclassical economics, technologists and policy makers.

Download or read book The Ethical Underpinnings of Climate Economics written by Adrian Walsh and published by Taylor & Francis. This book was released on 2016-10-04 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite their obvious importance, the ethical implications of climate change are often neglected in economic evaluations of mitigation and adaptation policies. Economic climate models provide estimates of the value of mitigation benefits, provide understanding of the costs of reducing emissions, and develop tools for making policy choices under uncertainty. They have thus offered theoretical and empirical instruments for the design and implementation of a range of climate policies, but the ethical assumptions included in the calculations are usually left unarticulated. This book, which brings together scholars from both economics and ethical theory, explores the interrelation between climate ethics and economics. Examining a wide range of topics including sustainability, conceptions of value, risk management and the monetization of harm, the book will explore the ethical limitations of economic analysis but will not assume that economic theory cannot accommodate the concerns raised. The aim in part is to identify ethical shortcomings of economic analysis and to propose solutions. Given the on-going role of economics in government thinking on mitigation, a constructive approach is vital if we are to deal adequately with climate change. This volume will be of great interest to students and scholars of environmental ethics, economics, political science, political philosophy and the philosophy of economics.

Download or read book Wellbeing Justice and Development Ethics written by Severine Deneulin and published by Routledge. This book was released on 2014-02-03 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: The question of the meaning of progress and development is back on the political agenda. How to frame this discontent and search for new alternatives when either Marxism or liberalism no longer provides a satisfactory framework? This book introduces in an accessible way the capability approach, first articulated by Amartya Sen in the early 1980s. Written for an international audience, but rooted in the Latin American reality - a region with a history of movements for social justice - the book argues that the capability approach provides to date, the most encompassing and compelling ethical framework with which to construct action for improving people’s wellbeing and reducing injustices in the world. This book outlines in a clear and concrete way what the capability approach is and its significance for the social sciences and policy. It describes the distinctiveness of the approach as an ethical framework for action and aims to stimulate critical reflection on current economic and social practices as well as providing a language with which to modify them within human wellbeing concerns. Comprehensive, practical and nuanced in its treatment of the capability approach, this highly original volume gives students, researchers and professionals in the field of development an innovative framing of the capability approach as a 'language' for action and provides specific examples of how it has made a difference.

Download or read book The Political Economy of Corruption written by Chandan Kumar Jha and published by Taylor & Francis. This book was released on 2023-05-04 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption, commonly defined as the misuse of public office for private gains, is multifaceted, multidimensional and ubiquitous. This edited collection, featuring contributions from leading scholars in the field of corruption, goes beyond the standard enforcement framework wherein individuals only compare the expected costs and benefits of a corrupt act. These chapters explore the political-cultural contexts, legal and regulatory process and, above all, moral and psychological factors in attempts to understand and explain corruption. The book explores a broad canvas where gender, technology, culture and institutional structures influence attitudes towards corruption. Design and implementation of anti-corruption strategies benefit from suitable identification of these factors contributing to the prevalence and persistence of corruption. Combining theoretical and empirical studies with evidence from experiments as well as case studies, the book provides crucial state of the art in corruption research in a highly accessible manner. This book serves as a vital reference to students and scholars in economics, politics and development studies. Additionally, policymakers and development practitioners can use the insights from this book in successful design and implementation of anti-corruption policies.

Download or read book Why are Presidential Regimes Bad for the Economy written by Richard McManus and published by Taylor & Francis. This book was released on 2022-12-27 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent evidence suggests that macroeconomic outcomes are inferior in countries operating under presidential regimes compared with those with parliaments, with lower levels of economic growth, higher rates of inflation, and higher levels of income inequality in countries with presidential governments. Despite this, more heads of state look to consolidate and build their executive power. This book considers why presidential regimes, in particular, are so bad for the economy. Throughout the book, the authors comprehensively and simultaneously consider the impact of legal, political, and economic institutions on the mechanisms. It is first demonstrated that presidential countries have (on average) inferior outcomes relative to parliamentary states with respect to these institutions and, moreover, with respect to healthcare and human development indicators. Subsequently, the book explores the impact of constitutional choice (parliamentary versus presidential) on both institutions and macroeconomic outcomes. It is documented that having a presidential regime induces weaker institutions, but that quality institutions can mitigate some of the negative impacts of such regimes.

Download or read book Wellbeing The Five Essential Elements written by Tom Rath and published by Simon and Schuster. This book was released on 2010-05-04 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows the interconnections among the elements of well-being, how they cannot be considered independently, and provides readers with a research-based approach to improving all aspects of their lives.