
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
This collection of papers discusses critical issues that have often been at the center of social debates in recent years. Economists and philosophers discuss such issues as the limitations of markets as an instrument of decision-making in a society, globalization and culture, the foundational principles for public policy, the criteria for the allocation of human organs, and the paradox of scarcity despite affluence in modern societies.
This collection investigates the ethical and practical boundaries of market mechanisms when applied to complex social, cultural, and political domains. Editors Prasanta K. Pattanaik and Stephen E. Cullenberg assemble a multidisciplinary group of economists and philosophers to interrogate the efficacy of market-based decision-making. The volume argues that reliance on market logic often fails to account for cultural nuances and foundational public policy requirements, necessitating a broader philosophical framework for societal governance.
What You Will Find
Scholars and students of political economy frequently cite this collection as a rigorous interdisciplinary resource for understanding the moral dimensions of market theory. Experts highlight the text for its ability to bridge the gap between abstract philosophical principles and concrete economic policy challenges.
Page Count:
288
Publication Date:
2004-01-08
Publisher:
Oxford University Press
ISBN-10:
0195664469
ISBN-13:
9780195664461
No comments yet. Be the first to share your thoughts!