Globalization, Culture, And The Limits Of The Market: Essays In Economics And Philosophy (oxford In India Readings: Themes In Economics)

Papers Presented At The Conference; With Reference To Theory Of Markets Most From Economic Theory Point Of View. Noxious Markets : Why Should Some Things Not Be For Sale? / Debra Satz -- On Obnoxious Markets / Ravi Kanbur -- Blood And Bribes : Ethical Restraints To Trade / Paul Seabright -- Markets, Democracy, And Educational Vouchers / Georgia Warnke -- On Notions Of Agency, Individual Heterogeneity, And The Existence, Size, And Composition Of A Bonded Child Labour Force / Vegard Iversen -- 'algorithmic Evaluation' In Organ Allocation / Marlies Ahlert -- Individualism And Scarcity / Stephen A. Marglin -- Opportunity For Welfare, Priority, And Public Policy / Richard J. Arneson -- Culture As A Special Technology In Globalization / Xu Cheng -- Globalization And Culture / Keith Griffin. Edited By Stephen Cullenberg, Prasanta K. Pattanaik. Includes Bibliographical References And Index. 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. As we enter the twenty-first century, markets are ascending as forms of social organization.