Titlebook: Economics and Ethics; An Introduction Amitava Krishna Dutt,Charles K. Wilber Book 2010 Amitava Krishna Dutt and Charles K. Wilber 2010 econ

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https://doi.org/10.1007/978-94-011-6875-5untenable, both because the notion of efficiency itself involves a value judgment, and because, more generally, one cannot avoid making value judgments in economics. Whether one subscribes to the first or third views, however, economists need to explain what they mean by equality, how it relates to

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Production, Income, and Economic Growthr underdeveloped countries or, to put a positive spin on it, developing countries. Countries which experience high rates of increase in per capita income and product are praised as doing well, while low-growth countries are not.. Policies that supposedly result in high rates of growth of per capita

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Fairness, Distribution, and Equalityuntenable, both because the notion of efficiency itself involves a value judgment, and because, more generally, one cannot avoid making value judgments in economics. Whether one subscribes to the first or third views, however, economists need to explain what they mean by equality, how it relates to

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