Ethics and economics : an introduction to free markets, equality and happiness / Johan Graafland.

Includes bibliographical references and index.

Introduction -- Part I. Free markets, welfare and happiness -- Utilitarianism -- Three economic perspectives on the 'good' market system -- Free markets, welfare and happiness: empirical research -- Part II. Free markets, rights and inequality -- The ethics of duties and rights -- The ethics of justice -- Free markets, rights and inequality: empirical research -- Part III. Free markets, virtues and happiness -- Virtue ethics and care ethics -- Adam Smith on markets, virtues and happiness -- Markets, virtues and happiness: empirical research -- Part IV. Consolidation and integration -- Liberalism and communitarianism -- The morality of free markets: integration and application.

"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. Ethics and Economics systematically links empirical research to these ethical questions, with a focus on the core topics of happiness, inequality, and virtues. Each chapter offers a recommended further reading list, and digital supplements include a list of key terms. The final chapter provides a practical method for applying the different ethical approaches to morally evaluate an economic policy proposal and an example of the methodology being applied to a real-life policy. This book will give students a clear theoretical and methodological toolkit for analyzing the ethics of market policies, making it a valuable resource for courses on economic ethics and economic philosophy"-- Provided by publisher.