User:Nick Gardner /Sandbox: Difference between revisions

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It is generally accepted that the utilitarian criterion of welfare maximisation proposed by Jeremy Bentham <ref> Jeremy Bentham: ''An Introduction to the Principles of Morals and Legislation'', Oxford University Press, 1970</ref> that is used elsewhere in economics<ref> See the article on [[welfare economics]]</ref> yields unacceptable results when applied to questions of distribution because of its effects upon motivation. In its place the philosopher John Rawls proposed the "difference principle", requiring that there should be no more inequality than would be required for the benefit of the least well off <ref> John Rawls: ''A Theory of Justice'', Harvard University Press, 1971</ref>, but the political philosopher Will Kymlicka argued that that too could have averse motivational consequences<ref> Will Kymlicka: ''Contemporary Political Philosophy'', Clarendon Press, 1989</ref>. The legal philosopher Ronald Dworkin proposed the adoption of an "equality of resources" criterion<ref> Ronald Dworkin: ''Sovereign Virtue'', Hasvard University Press, 2002</ref>, and the eminent economist Amartya Sen proposed instead the concept of "equality of capability"<ref> Amartya Sen: ''The Idea of Justice'', Alan Lane, 2009</ref>, but the political philosopher Robert Nozick rejected  the entire concept of redistribution because it would infringe every  person's inalienable right to benefit from the employment of the talents with which he is endowed<ref> Robert Nozick: ''Anarchy, State and Utopia'', Basic Books, 1974</ref>
<ref>[http://www.who.int/bulletin/volumes/82/2/PHCBP.pdf Kenneth Arrow: ''Uncertainty and the Welfare Economics of Medical Care''. American Economic Review, December 1963]</ref>
 
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Revision as of 08:51, 30 October 2009

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  1. ↑ Kenneth Arrow: Uncertainty and the Welfare Economics of Medical Care. American Economic Review, December 1963
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