The Economics of Ethics and the Ethics of Economics: Values, Markets and the State

Edited by


2009     Edward Elgar Publishing

This book makes a rational and eloquent case for the closer integration of ethics and economics. It expands upon themes concerned with esteem, self-esteem, emotional bonding between agents, expressive concerns, and moral requirements.

Economists have long assumed that `value' and `price' are synonymous and interchangeable. The authors show how disregarding this false assumption and adopting an interdisciplinary approach could improve the economics profession by distinguishing economic values from ethical values. Replete with discussions that will challenge conventional economics, this book offers a corrective argument against the rigid separation of agents' motivation and the purely normative aspects of economic analysis. The various contributions explore the different dimensions at the frontier between the rational and the moral in political economy, ethics and philosophy.

Containing a variety of cross-border analyses, this innovative book will be a must-read for economists, political scientists and philosophers. It will also be an invaluable resource for students in the fields of economics and philosophy.

Contributors include: M. Basili, G. Brennan, J.M. Buchanan, R. Eichenberger, G. Eusepi, L.P. Feld, M. Franzini, B.S. Frey, M. Funk, L. Giuriato, S. Gorini, A. Hamlin, P. Jones, H. Kliemt, S. Neckermann

Beyond Conventional Economics.
The Limits of Rational Behaviour in
Political Decision Making

Edited by


May 2006     Edward Elgar Publishing

Beyond Conventional Economics presents new original work from leading scholars on the interface between the individual and political and social institutions. The book offers a critique of the inadequacies of the conventional economic approach to politics and a state-of-the-art view of new paradigms challenging the dominant economic notion of the individual. A number of chapters also explore the limits of individually rational behaviour in political decision making – some by challenging the orthodox content of the idea of rationality, others by providing fresh views on the operation of political processes.

This book is a must-read for anyone interested in understanding individual behaviour under limited rationality. Thought-provoking and enlightening, this is a unique book documenting a meaningful debate on the limits of rational behaviour inside public choice circles and will appeal to a wide audience of economists, political scientists and public choice scholars.

Contributors include: J.M. Buchanan, J.R. Clark, G. Eusepi, R.E. Goodin, A. Hamlin, H. Kliemt, D.R. Lee, P. Pettit, G. Tullock, Y.J. Yoon


Coercive Power and its Allocation in the Emergent Europe

Edited by


December 2005  Palgrave Mcmillan

This book provides a comprehensive analysis on the design of institutions for the new Europe. Addressing critical issues such as the appropriate distribution of political powers, the next step in the constitution process, allocation of taxing powers and distribution of policy-making responsibilities.

Contributors include: G.Brennan & J.J.Pincus, R.D.Congleton, G. Eusepi & C.Angela, H. Kliemt, D.C.Mueller, W.A.Niskanen, A.Pedone, G.Johnston, L.Ray, S.L.Feld & B.Grofman


Changing Institutions in The European Union
A Public Choice Perspective

Edited by


May 2004     Edward Elgar Publishing

This book makes a valuable, analytical contribution to recent debates on the ongoing institutional changes occurring within the European Union. It provides a comprehensive and diverse insight into a variety of areas, including in-depth studies of fiscal, monetary and voting issues, to help elucidate the current period of transitional change.

Contributors: F. Balassone, P. Bernholz, C.B. Blankart, G. Brennan, G. Eusepi, D. Franco, S. Ginebri, B. Grofman, B. Krug, L.M. Milone, D.C. Mueller, M. Mulino, P.C. Padoan, M. Paldam, C.A. Schaltegger, F. Schneider, R. Strauch, G. Tullock, G. Vitaletti


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