This textbook applies economic ethics to evaluate the free market system and enables students to examine the impact of free markets using the three main ethical approaches: utilitarianism, principle-based ethics, and virtue ethics.
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"With this book, Graafland provides both an excellent introduction to ethics-and-economics and an innovative exploration of the effect of free markets on happiness and inequality, grounded in moral philosophy and economic theory and supplemented by a wealth of real-world data. This is truly a landmark achievement that is certain to be an indispensable resource for scholars, teachers, and students for years to come." - Mark D. White, Chair and Professor, Department of Philosophy, College of Staten Island/CUNY, and editor of The Oxford Handbook of Ethics and Economics.
"This text is unique in showing how to apply alternative ethical theories, from Utilitarianism and Kantian ethics to virtue ethics, to assess policy measures implemented in different market settings. These theories are applied to three areas: happiness, inequality and virtuousness. I have no doubt that both scholars and interested readers will benefit from this applied approach to ethics and economics." - Dr. Giancarlo Ianulardo, University of Exeter Business School
"This text is unique in showing how to apply alternative ethical theories, from Utilitarianism and Kantian ethics to virtue ethics, to assess policy measures implemented in different market settings. These theories are applied to three areas: happiness, inequality and virtuousness. I have no doubt that both scholars and interested readers will benefit from this applied approach to ethics and economics." - Dr. Giancarlo Ianulardo, University of Exeter Business School