Human Well-Being and Economic Goalsby Frank Ackerman
Pub. Date: 11/28/1997
Publisher: Island Press
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,/i>
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.
Table of Contents
ContentsAbout Island Press,
About The Global Development And Environment Institute,
FRONTIER ISSUES IN ECONOMIC THOUGHT VOLUME 3 NEVA R. GOODWIN, SERIES EDITOR,
Note to the Reader,
Authors of Original Articles,
PART I - Interdisciplinary Perspectives on Well-Being,
Economic Institutions and the Satisfaction of Human Needs,
The Ethical Limitations of the Market,
Human Well-Being and the Natural World and Nature, Intrinsic Value, and Human Well-Being,
Taking Ethics Seriously: Economics and Contemporary Moral Philosophy,
PART II - Utility and Welfare I: The History of Economic Thought,
PART III - Utility and Welfare II: Modern Economic Alternatives,
PART IV - Applied Welfare Economics: Externalities, Valuation, and Cost-Benefit Analysis,
PART V - Economics and the Good, I: Individuals,
PART VI - Economics and the Good, II: Community,
PART VII - Economics and the Good, III: Society,
PART VIII - National Development: From Basic Needs to the Welfare State,
PART IX - Critiques of National Income Accounting and GNP,
PART X - Alternatives to Gross National Product: A Critical Survey,
Island Press Board of Directors,
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