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Public Economics after The Idea of Justice

Bibliographic Data

ID2183618
AuthorsA B Atkinson
Year2012
Volume13
Issue4
Pages521-536
Publication date2012-11-01
Open AccessNo
TypeARTICLE
VenueJournal of Human Development (JOURNAL)
Journal identifiersISSN: 1464-9888 • E-ISSN: 1469-9516
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/19452829.2012.703171
OpenAlexW1977860645
LanguageEN
Citations received3
References cited18

In this first lecture in honour of Amartya Sen, I examine the lessons that can be drawn from The Idea of Justice for public economics and the extent to which public economics has already moved in the direction advocated by Sen. More specifically, I focus on the current fiscal austerity programmes, and how the tools of public economics can be used to contribute to public reasoning about such programmes. I argue that they can help us think about the balance between cutting spending and raising taxes, and about the key role of public investment. But the Sen critique of welfare economics mean that we have to re-think public economics. The subject has been slow to absorb new ideas for the evaluative basis, and public economics, while extending its positive analysis to allow for international interactions, has failed to develop a normative approach to global justice

Austerity · Economic Justice · Economics · Honour · Macroeconomics · Neoclassical economics · Normative · Political science · Politics · Positive economics · Public economics · Public finance · Sociology · Economic Theory and Policy · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality · Law

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    Open Access•James E Meade•Capital & Class•1980

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Citations per year0.25
Citation span2014 - 2015 (2)
Highly citedNo

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