Wellbeing, Nature, and Moral Values in Economics

Wellbeing, Nature, and Moral Values in Economics PDF Author: Heinz Welsch
Publisher: Taylor & Francis
ISBN: 1000840808
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
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.

Wellbeing, Nature, and Moral Values in Economics

Wellbeing, Nature, and Moral Values in Economics PDF Author: Heinz Welsch
Publisher: Taylor & Francis
ISBN: 1000840808
Category : Business & Economics
Languages : en
Pages : 178

Get Book Here

Book Description
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.

Human Well-Being and Economic Goals

Human Well-Being and Economic Goals PDF Author: Frank Ackerman
Publisher: Island Press
ISBN: 9781559635608
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
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.

The Illusion of Well-Being

The Illusion of Well-Being PDF Author: Mark D. White
Publisher: Springer
ISBN: 1137361158
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
The use of measures of economic output to guide policymaking has been criticized for decades because of their weak ties to human well-being. Recently, many scholars and politicians have called for measures of happiness or subjective well-being to be used to guide policy in people's true interests. In The Illusion of Well-Being, Mark D. White explains why using happiness as a tool for policymaking is misguided and unethical. Happiness is too vague a term to define, and too general a concept, to measure in a way that captures people's true feelings. He extends this critique to well-being in general and concludes that no measure of well-being can do justice to people's true interests, which are complex, multifaceted, and subjective. White suggests instead that policymaking be conducted according to respect and responsiveness, promoting the true interests of citizens while addressing their real needs, and devoting government resources to where they can do the most good.

Economic Analysis, Moral Philosophy, and Public Policy

Economic Analysis, Moral Philosophy, and Public Policy PDF Author: Daniel Hausman
Publisher: Cambridge University Press
ISBN: 1107158311
Category : Business & Economics
Languages : en
Pages : 419

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Book Description
This book shows how careful attention to moral reasoning can enrich economic understanding and clarify the importance and the limits of an economic analysis of policy problems.

Wellbeing, Nature, and Moral Values in Economics

Wellbeing, Nature, and Moral Values in Economics PDF Author: Heinz Welsch
Publisher: Routledge
ISBN: 9781000840858
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
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.

Sustainable Wellbeing Futures

Sustainable Wellbeing Futures PDF Author: Robert Costanza
Publisher: Edward Elgar Publishing
ISBN: 1789900956
Category : Nature
Languages : en
Pages : 477

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Book Description
Ecological economics can help create the future that most people want – a future that is prosperous, just, equitable and sustainable. This forward-thinking book lays out an alternative approach that places the sustainable wellbeing of humans and the rest of nature as the overarching goal. Each of the book’s chapters, written by a diverse collection of scholars and practitioners, outlines a research and action agenda for how this future can look and possible actions for its realisation.

The Good Life

The Good Life PDF Author: Edward F. Fischer
Publisher: Stanford University Press
ISBN: 0804792615
Category : Social Science
Languages : en
Pages : 278

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Book Description
What could middle-class German supermarket shoppers buying eggs and impoverished coffee farmers in Guatemala possibly have in common? Both groups use the market in pursuit of the "good life." But what exactly is the good life? How do we define wellbeing beyond material standards of living? While we all may want to live the good life, we differ widely on just what that entails. In The Good Life, Edward Fischer examines wellbeing in very different cultural contexts to uncover shared notions of the good life and how best to achieve it. With fascinating on-the-ground narratives of Germans' choices regarding the purchase of eggs and cars, and Guatemalans' trade in coffee and cocaine, Fischer presents a richly layered understanding of how aspiration, opportunity, dignity, and purpose comprise the good life.

Exploring Happiness

Exploring Happiness PDF Author: Sissela Bok
Publisher: Yale University Press
ISBN: 0300168438
Category : Social Science
Languages : en
Pages : 309

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Book Description
Examines the nature of happiness, discussing how it has been treated in philosophy and religion and by the modern disciplines of psychology, economics, and neurocience, and considers the place of individual happiness within the context of modern life.

Wellbeing Economics

Wellbeing Economics PDF Author: Paul Dalziel
Publisher: Springer
ISBN: 3319931946
Category : Business & Economics
Languages : en
Pages : 203

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Book Description
Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.

Well-Being and Fair Distribution

Well-Being and Fair Distribution PDF Author: Matthew Adler
Publisher:
ISBN: 0195384997
Category : Law
Languages : en
Pages : 656

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Book Description
A comprehensive philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis.