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Approaches to Ethics and Justice

In: Economics and Ethics

Author

Listed:
  • Amitava Krishna Dutt
  • Charles K. Wilber

Abstract

If, as we have argued in the previous chapter, value-free economics is impossible, what ethical values should inform the discipline? If people do not behave simply as self-interested optimizers, what moral theories might guide their actions? What moral theory should be used to answer public policy questions? Finally, if individual preferences are not accepted as the overriding goal of the economic system, what ethical benchmarks or objectives should take its place? None of these issues can be understood, much less resolved, without some sort of ethical theory as a guide.

Suggested Citation

  • Amitava Krishna Dutt & Charles K. Wilber, 2010. "Approaches to Ethics and Justice," Palgrave Macmillan Books, in: Economics and Ethics, chapter 3, pages 35-55, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-27723-6_3
    DOI: 10.1057/9780230277236_3
    as

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