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ISBN:9780804768948

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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.

目录

Acknowledgments p. ix
Introduction p. 1
Why Kant? p. 2
Why Not Virtue Ethics? p. 6
Why Should Economists Know About Kant? p. 11
Kantian Ethics, Economics, and Decision-Making p. 14
Kantian Ethics p. 17
The Prisoners' Dilemma p. 35
Kantian-Economic Model of Decision-Making p. 41
A Kantian-Economic Model of Choice p. 50
Determinism, Volitionism, and the Will p. 52
Kant on the Will, Virtue, and Weakness p. 57
Judgment and Will: A Kantian-Economic Model of Choice p. 60
Procrastination: An Application p. 73
Individual in Essence, Social in Orientation p. 86
Individual in Essence p. 87
Social in Orientation p. 105
Dignity, Efficiency, and the Economic Approach to Law p. 122
Welfare Economics and Consequentialism p. 125
Law, Economics, and Efficiency p. 135
Consent, Pareto, and Behavioral Law and Economics p. 163
Pareto Improvement p. 165
Behavioral Law and Economics p. 180
Conclusion p. 195
Notes p. 197
Bibliography p. 237
Index p. 263

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