Tag Archives: economics

Matthew Adler, Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Matthew Adler has a major new book with OUP that will interest many readers of this blog. Here is the description:

Well-Being and Fair Distribution provides a rigorous and comprehensive defense of the “social welfare function” as a tool for evaluating governmental policies. In particular, it argues for a “prioritarian” social welfare function: one that gives greater weight to well-being changes affecting worse-off individuals. In doing so, the book draws on many literatures: in theoretical economics, applied economics, philosophy, and law. Topics addressed include the following: the nature of well-being and the possibility of interpersonal comparisons; the measurement of well-being via “utility” numbers; why a “prioritarian” social welfare function is more appealing than alternative forms (for example, a utilitarian, leximin, or “sufficientist” function); whether fair distribution should be conceptualized on a lifetime or sublifetime basis; and social choice under uncertainty. read more...

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Book Announcement: A Brief History of Liberty

A Brief History of Liberty coverI just wanted to announce the publication of my book with David Schmidtz, A Brief History of Liberty.

It’s something of an unusual book for philosophers, because it’s as much a genuine history (and economics, psychology, law, and sociology) book as it is a philosophy book. I’d summarize our motivation for the project as follows: Dave and I note that historically, philosophers and regular people have used the word “liberty” to refer to a wide range of related things. When philosophers debate what the word “liberty” refers to, or which kind of liberty is most important, they often have a background assumption that liberty, whatever that is, is to be promoted by government in a particular way. But that’s not a good assumption. What role government, or any institution, ought to play in promoting a particular kind of liberty is determined not by conceptual analysis, but by investigating (empirically) what government and other institutions are likely to accomplish. What value any kind of liberty has is also for the most part contingent—we need to see what having certain kinds of liberties does to people, and what happens to people when those liberties are absent. Again, this goes beyond philosophy and requires empirical work. Also, what relationship different kinds of liberty with one another requires empirical work. For instance, while people might debate whether negative or positive liberty is more important, we instead note that empirically, it looks like protecting negative liberty has a long and non-accidental historical track record of promoting positive liberty. read more...

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