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Author Ballet, Jérôme

Title Freedom, responsibility and economics of the person / Jérôme Ballet, Damien Bazin, Jean-Luc Dubois and François-Régis Mahieu
Published New York : Routledge, 2013
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Description 1 online resource
Series Routledge frontiers of political economy ; 176
Routledge frontiers of political economy ; 176
Contents Introduction -- Freedom and the capability approach -- Freedom and responsibility -- Person and responsibility -- Methodology of person-centred economics -- Illustrations of the economics of the person -- Vulnerability, identity and responsibility -- Fallibility and fragility -- From the economics of the person to the responsibilities of institutions and the social precautionary principle
Summary "The capability approach has developed significantly since Amartya Sen was awarded the Nobel Prize in Economics in 1998. It is now recognised as being highly beneficial in the analysis of poverty and inequality, but also in the redefinition of policies aimed at improving the well-being of individuals. The approach has been applied within numerous sectors, from health and education to sustainable development, but beyond the obvious interest that it represents for the classical economics tradition, it has also encountered certain limitations. While acknowledging the undeniable progress that the approach has made in renewing the thinking on the development and well-being of a population, this book takes a critical stance. It focuses particularly on the approach's inadequacy vis-à-vis the continental phenomenological tradition and draws conclusions about the economic analysis of development. In a more specific sense, it highlights the fact that the approach is too bound by standard economic logic, which has prevented it from taking account of a key 'person' dimension -- namely, the ability of an individual to assume responsibility. As a result, this book advocates the notion that if the approach is used carelessly in relation to development policies, it can cause a number of pernicious effects, some of which may lead to disastrous consequences."--Publisher's website
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Economic development -- Social aspects
Economics -- Philosophy
Economics -- Sociological aspects
Liberty -- Economic aspects
Phenomenology -- Economic aspects
Responsibility -- Economic aspects
BUSINESS & ECONOMICS -- Economics -- Theory.
Economic development -- Social aspects.
Economics -- Philosophy.
Economics -- Sociological aspects.
Liberty -- Economic aspects.
Form Electronic book
ISBN 0203796330
1135139997
9780203796337
9780203796337
9781135139995