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On the Relevance of John Rawls's Theory of Justice to Welfare Economics

Bibliographic Data

ID9256427
AuthorsJohn A Edgren, John Edgren (Eastern Michigan University, corresponding author)
Year1995
Volume53
Issue3
Pages332-349
Publication date1995-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00346769500000027
OpenAlexW2079185713
LanguageEN
Citations received7
References cited7

Mainstream microeconomic theory makes some use of John Rawls's Theory of Justicein discussing welfare economics and social welfare functionals. While various elements of his approach are usually mentioned, his basic point is generally taken to be his difference principle (maximizing the welfare of the worst off individual) applied as a decision principle for evaluating the equity of resource allocation. To take the difference principle as the essence of Rawls's work is an error. The present paper reviews the basic argument of the Theory of Justice compares it with the use that economists make of it, and concludes that in a number of quite specific ways Rawls's ideas are misrepresented and misused by mainstream microeconomists. Keywords: John Rawlsjusticeethicswelfare economicsequity

Argument (complex analysis) · Economic Justice · Economics · Equity (law) · Law and economics · Mainstream · Mathematical economics · Neoclassical economics · Political science · Positive economics · Public economics · Sociology · Welfare · Economic Theory and Institutions · Income, Poverty, and Inequality · Law · Political Philosophy and Ethics

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Unique citing works7
Citations per year0,24
Citation span1997 - 2023 (27)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 7

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