Free Markets and Social Justice
We are in the midst of a worldwide debate over whether there should be "more" or "less" government. As enthusiasm for free markets mounts - in both former Communist nations and in Western countries such as England and the United States - is it productive to attempt to solve problems through this "more/less" dichotomy? Written by one of the preeminent voices in the legal/political arena today, this ground-breaking book moves beyond the "more/less" question by presenting a new conception of the relationship between free markets and social justice. Instead of asking whether there should be more or less regulation, Cass R. Sunstein asks readers to consider what kinds of regulations promote human well-being in different contexts. He develops seven basic themes, involving the myth of laissez-faire, the importance of fair distribution, the puzzle of human rationality, the diversity of human goods, the role of social norms in forming people's preferences, the contextual character of choice, and the effects of law on human desires. As the latest word from an internationally renowned writer, Free Markets and Social Justice suggests a new way of understanding the role of the economic marketplace in a democratic society.
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Preferences and Politics
Social Norms and Social Roles
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agencies Amartya Sen analysis ancillary risks approach assessment availability heuristic behavior benefits broadcasting Cambridge choices citizens claim collective action problems commensurability Congress Consider constitutional context contingent valuation cost-benefit cost-benefit analysis costs Court create deal decision Delaney Clause democracy democratic discrimination diverse Econ economic effects efforts endowment effect ensure environmental example existing fact free markets goal governmental harmful human important impose incentives incommensurability issues Jon Elster judgments kinds of valuation Kip Viscusi legislation limits Madisonian ment must-carry NHTSA PACs particular percent perhaps political pollution possible preferences produce programs promote protection question reason reflect reform regulatory relevant require Richard Thaler role safety sense social norms sometimes speech status quo bias statutes strategies suggest supra note technologies things tion trade-offs University Press willingness to pay
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