Economic Justice

This multi-volume set probes rhe roots of contemporary economic thought, focusing on the interaction between economic and ethical thought as well as on conditions responsible for the emergence of orderly economic aystems.

Murray presents an argument for a system of social insurance that replaces welfare with a Guaranteed Adequate Income. The book reviews the current public assistance programs, including SSI, AFDC, Unemployment Compensation, and Food Stamps, summarizing the positive aspects and inadequacies of each plan; it also evaluates other plans that have been proposed. A rationale and cost analysis of GAI concludes the book. Written in a non-technical and comprehensible style, the plan is designed to be politically non-partisan and appeal to both liberals and conservatives.

The newest work from one of the most preeminent voices writing in the legal/political arena today, this important book presents a new conception of the relationship between free markets and social justice. The work begins with foundations--the appropriate role of existing "preferences," the importance of social norms, the question whether human goods are commensurable, and issues of distributional equity. Continuing with rights, the work shows that markets have only a partial but instrumental role in the protection of rights. The book concludes with a discussion on regulation, developing approaches that would promote both economic and democratic goals, especially in the context of risks to life and health. Free Markets and Social Justice develops seven basic themes during its discussion: the myth of laissez-faire; preference formation and social norms; the contextual character of choice; the importance of fair distribution; the diversity of human goods; how law can shape preferences; and the puzzles of human rationality. As the latest word from an internationally-renowned writer, this work will raise a number of important questions about economic analysis of law in its conventional form.

Many of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality -- a widening gap between the haves and have nots. But to what extent is the increase in inequality also increasing the opportunities for economic advancement -- particularly for those at the bottom of the economic ladder? Does the creation of greater opportunities make a region's move to the market politically acceptable? And, if opportunities don't increase along with inequality, will it eventually cause a political backlash against a country's market policies? This book highlights the importance of finding the answers to those questions by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle. It provides a summary of the latest research on the economics and politics of social mobility in both developed and emerging market economies, including the conceptual issues involved and the challenges of accurately documenting trends. The book concludes with a discussion of the economics of opportunity and mobility in Latin America and Eastern Europe, and the politics and perceptions of mobility in the two regions.

Providing a lively and informed introduction to the last hundred years of political thinking--from T.H. Green's lectures to Ronald Dworkin's Taking Rights Seriously--the third volume in the successful Political Classics series has been designed to enable all students of political ideas to gain a fuller appreciation of the great works which form the foundation of the subject. Besides giving a full analysis of the contents of each text, this book also highlights what makes the texts of central importance to an understanding of political philosophy. The twelve chapters concentrate on the ideas contained in the texts, rather than on the lives of their writers, and each chapter is supplemented with useful suggestions for further reading.

Combines theory with empirical evidence and economic with political analysis to provide the most comprehensive multi-disciplinary coverage to date on IMF and World Bank adjustment programs in Africa.

As Americans begin to dismantle the safety net of the New Deal era, the most popular version of the culture wars' thesis paints an arguably cosmic battle between defenders of religious orthodoxy who embrace laissez-faire capitalism and secular elites who have imposed a Marxist welfare state upon an unsuspecting populace. Walsh shows that this thesis ignores the role of religious leaders in legitimizing the types of programs embodied in America's approach to the welfare state.