Ethics of Economic Rationalism

Category	Philosophy
Author	John Wright
Publisher	University of New South Wales Press
Published	2002
Language	English
ISBN10	0868406619
Tags	does economic free rationalism work
Description	The term "economic rationalism," closely tied to equally contentious terms like "neoliberalism, " "economic reform, " "structural adjustment," and "globalization," first entered the lexicon more than ten years ago. In this timely and exceptionally accessible work, philosopher John Wright tackles economic rationalism from a moral perspective. In non-technical language, he reviews the economic arguments for economic rationalism. He examines the ethnical defenses for economic rationalism, considers the many criticisms of economic rationalism, and weighs whether the moral defenses are truly valid. Some of the many challenging issues the book confronts include: Does economic rationalism work to maximize human happiness? Does inequality matter? Does the free market always ensure the survival of the economically 'fit?' Does the free market maximize individual liberties?

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