The Oxford Handbook of Ethics and Economics (Oxford Handbooks)

## Abstract The Oxford Handbook of Ethics and Economics provides a timely and thorough survey of the various ways ethics can, does, and should inform economic theory and practice. The first part of the book, Foundations, explores how the most prominent schools of moral philosophy relate to economics; asks how morals relevant to economic behavior may have evolved; and explains how various approaches to economics incorporate ethics into their work. The second part, Applications, looks at the ethics of commerce, finance, and markets; uncovers the moral dilemmas involved with making decisions regarding social welfare, risk, and harm to others; and explores how ethics is relevant to major topics within economics, such as health care and the environment. A concluding chapter turns the table, recommending some lessons that ethics can learn from economics. With esteemed contributors from economics and philosophy, The Oxford Handbook of Ethics and Economics is designed to be a resource for scholars in both disciplines (and related fields such as political science, sociology, and psychology) as well as “consumers” of economics, such as policymakers, journalists, and laypersons. It highlights the close relationship between ethics and economics in the past while also laying a foundation for further integration going forward. Adam Smith and the Study of Ethics in a Commercial Society / Stefanie Haeffele, Virgil Henry Storr -- Human Ethicality: Evidence and Insights from Behavioral Economics / Sanjit Dhami, Ali al-Nowaihi -- Ethics and Economics: A Complex Systems Approach / John B. Davis -- Evolution and Moral Motivation in Economics / Geoffrey M. Hodgson -- Economics and Ethics within the Austrian School of Economics / Peter Boettke, Kaitlyn Woltz -- Feminist Economics and Ethics / Ulrike Knobloch -- Economy and Culture: The Importance of Sense-Making / Arjo Klamer -- Humane Markets: The Classical Tradition of Political Economy / James R. Otteson -- Capitalism and Democracy: Allies, Rivals, or Strangers? / Julian Reiss -- Virtue and Economics, Horse and Cart / Jennifer A. Baker -- The Moral Status of Profit / Joseph Heath -- The Ethics of Making Risky Decisions for Others / Luc Bovens -- Ethics And, In, and For Labor Markets / Michael S. McPherson, Debra Satz -- Economics, Ethics, and Health Insurance / Daniel M. Hausman -- Deontological Morality and Economic Analysis of Law / Eyal Zamir, Barak Medina -- The Ethics and Economics of Ecological Justice / David Schmidtz -- Civil Rights, Employment, and Race / Brendan O'Flaherty -- The Tragedy of Economics: On the Nature of Economic Harm and the Responsibilities of Economists / George F. DeMartino -- Cost-Benefit Analysis and Social Welfare Functions / Matthew D. Adler -- Lessons from Economics / John Broome -- The Ethics of Money and Finance / Joakim Sandberg -- The Normative Economics of Social Risk / Marc Fleurbaey -- Economic Ethics and the Capability Approach / Constanze Binder, Ingrid Robeyns -- With All Due Respect: A Kantian Approach to Economics / Mark D. White -- Ethical Pluralism in Economics / Jonathan B. Wight -- Morality as a Complex Adaptive System: Rethinking Hayek's Social Ethics / Gerald Gaus -- On the Evolution of Ethics, Rationality, and Economic Behavior / David C. Rose Presentación del editor: "Economics and ethics are both valuable tools for analyzing the behavior and actions of human beings and institutions. Adam Smith, the father of modern economics, considered them two sides of the same coin, but since economics was formalized and mathematicised in the late 1800s and early 1900s, the fields have largely followed separate paths. The Oxford Handbook of Ethics and Economics provides a timely and thorough survey of the various ways ethics can, does, and should inform economic theory and practice. The first part of the book, Foundations, explores how the most prominent schools of moral philosophy relate to economics; asks how morals relevant to economic behavior may have evolved; and explains how various approaches to economics incorporate ethics into their work. The second part, Applications, looks at the ethics of commerce, finance, and markets; uncovers the moral dilemmas involved with making decisions regarding social welfare, risk, and harm to others; and explores how ethics is relevant to major topics within economics, such as health care and the environment. With esteemed contributors from economics and philosophy, The Oxford Handbook of Ethics and Economics is a resource for scholars in both disciplines and those in related fields. It highlights the close relationship between ethics and economics in the past while and lays a foundation for further integration going forward." This Oxford Handbook explores the various ways ethics can, does, and should inform economic theory and practice. With esteemed contributors from economics and philosophy, it highlights the close relationshop between ethics and economics in the past and lays a foundation for further integration going forward. Edited By Mark D. White. Includes Bibliographical References And Index.