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Image of Book Front Cover Title: Kantian Ethics and Economics : Autonomy, Dignity, and Character
Publisher: Stanford University Press
Author: White, Mark
LC Call: HB72 .W48 2011; HB72.W48 2011; HB72
Dewey: 174
LCSH: Kant, Immanuel, 1724-1804 -- Ethics.//Economics -- Moral and ethical aspects.//Kant, Immanuel, --1724-1804 --Ethics.//Economics - Moral and ethical aspects//Kant, Immanuel - Ethics
Pub. Date: 17 May 2011
eBook ISBN: 0804777632
Print ISBN: 0804768943
Product ID: 692454
Language: English
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Summary

This book introduces the moral philosophy of Immanuel Kant—in particular, the concepts of autonomy, dignity, and character—to economic theory, explaining the importance of integrating these two streams of intellectual thought. Mainstream economics is rooted in classical utilitarianism, recommending that decision makers choose the options that are expected to generate the largest net benefits. For individuals, the standard economic model fails to incorporate the role of principles in decision-making, and also denies the possibility of true choice, which can be independent of preferences and principles altogether. For policymakers, standard decision-making frameworks recommend tradeoffs that are beneficial in terms of material goods or wealth, but may be morally questionable from a more person-centered perspective.

Integrating Kantian ethics affects economics in three important ways. This integration allows for a more complete understanding of human choice, incorporating not just preferences and constraints, but also principles and strength of will or character. It demonstrates the broader impact of welfare economics, which generates policies that affect not only persons' well-being, but also their dignity and autonomy. Finally, it reconciles the traditional, individualist stance in economic models of choice with the social responsibility emphasized by many systems of philosophical ethics and heterodox schools of economics.

Table of Contents

Contents

Acknowledgments

Introduction

1. Kantian Ethics, Economics, and Decision-Making

2. A Kantian-Economic Model of Choice

3. Individual in Essence, Social in Orientation

4. Dignity, Efficiency, and the Economic Approach to Law

5. Consent, Pareto, and Behavioral Law and Economics

Conclusion

Notes

Bibliography