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Full-Text Articles in Economics
Taking Employment Seriously: With Some Notes On Universal Basic Income, Larry Udell
Taking Employment Seriously: With Some Notes On Universal Basic Income, Larry Udell
Philosophy Faculty Publications
The question of whether to grant all citizens a basic income that would starts with adulthood is the source of much controversy today among people who believe that government should do something to address income inequality (including but not limited to addressing increasingly widespread poverty and homelessness). Philippe Van Parijs famously advocated such a policy, but his proposal was rejected by John Rawls, who demurred at subsidizing Malibu surfers with public support for their leisure and instead emphasized the need for a full employment policy. I argue that a slight modification of Rawls's theory might allow for a limited UBI …
On The Origin, Content, And Relevance Of The Market Failures Approach, Jeffrey Moriarty
On The Origin, Content, And Relevance Of The Market Failures Approach, Jeffrey Moriarty
Philosophy Faculty Publications
The view of business ethics that Christopher McMahon calls the “implicit morality of the market” and Joseph Heath calls the “market failures approach” has received a significant amount of recent attention. The idea of this view is that we can derive an ethics for market participants by thinking about the “point” of market activity, and asking what the world would have to be like for this point to be realized. While this view has been much-discussed, it is still not well-understood. This paper seeks to remedy this problem. I begin by showing, against some recent commentators, that McMahon’s view and …
Wanted: Positive Arguments For Markets, Jeffrey Moriarty
Wanted: Positive Arguments For Markets, Jeffrey Moriarty
Philosophy Faculty Publications
Many people believe that some things, like kidneys or sex, should not be for sale. Let us call these things “contested commodities.” Against this, Brennan and Jaworksi defend “markets without limits” (hereafter: MwL). According to this thesis: “If you may do it for free, you may do it for money.” Since we can give away our kidneys for free and have sex for free, we should be able to do these things for money. Brennan and Jaworksi deftly blend rigorous philosophical argument with the latest research in social science to counter some of the most prominent against commodification. But, I …
Economies Of The Internet, Kylie Jarrett, D. E. Wittkower
Economies Of The Internet, Kylie Jarrett, D. E. Wittkower
Philosophy Faculty Publications
The papers in this issue of First Monday were originally presented as a series of panels at the Association of Internet Researchers 2015 conference in Phoenix, Arizona. This short introduction explains the impetus behind the organization of these panels-- which was to document diversity in approaches to the study of internet economies-- and briefly introduces each paper by locating them in the nexus between political economy and cultural studies.