Human Well-Being and Economic Goals

Business & Finance, Economics, Sustainable Development, Nonfiction, Health & Well Being, Health
Cover of the book Human Well-Being and Economic Goals by Frank Ackerman, Island Press
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Author: Frank Ackerman ISBN: 9781597262446
Publisher: Island Press Publication: February 22, 2013
Imprint: Island Press Language: English
Author: Frank Ackerman
ISBN: 9781597262446
Publisher: Island Press
Publication: February 22, 2013
Imprint: Island Press
Language: English

What are the ends of economic activity? According to neoclassical theory, efficiinteraction of the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that issue, considering such questions as:

•Does the maximization of individual welfare really lead to social welfare?
•How can we deal with questions of relative welfare and of equity?
•How do we define, or at least understand, individual and social welfare?
•And how can these things be measured, or even assessed?

Human Well-Being and Economic Goals brings together more than 75 concise summaries of the msignificant literature in the field that consider issues of presand future individual and social welfare, national development, consumption, and equity. Like its predecessors in the Frontier Issues in Economic Thought series, it takes a multidisciplinary approach to economic concerns, examining their sociological, philosophical, and psychological aspects and implications as well as their economic underpinnings.

Human Well-Being and Economic Goals provides a powerful introduction to the currand historical writings that examine the concept of human well-being in ways that can help us to set goals for economic activity and judge its success. It is a valuable summary and overview for students, economists, and social scientists concerned with these issues.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

What are the ends of economic activity? According to neoclassical theory, efficiinteraction of the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that issue, considering such questions as:

•Does the maximization of individual welfare really lead to social welfare?
•How can we deal with questions of relative welfare and of equity?
•How do we define, or at least understand, individual and social welfare?
•And how can these things be measured, or even assessed?

Human Well-Being and Economic Goals brings together more than 75 concise summaries of the msignificant literature in the field that consider issues of presand future individual and social welfare, national development, consumption, and equity. Like its predecessors in the Frontier Issues in Economic Thought series, it takes a multidisciplinary approach to economic concerns, examining their sociological, philosophical, and psychological aspects and implications as well as their economic underpinnings.

Human Well-Being and Economic Goals provides a powerful introduction to the currand historical writings that examine the concept of human well-being in ways that can help us to set goals for economic activity and judge its success. It is a valuable summary and overview for students, economists, and social scientists concerned with these issues.

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