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Journal Articles and Readings

Here are some interesting journal articles and readings on capitalism, markets and morality

De Soto, H (2000) Chapter 5: “The Missing Lessons of US History” in The Mystery of Capital: Why capitalism triumphs in the west and fails everywhere else. New York: Basic Books, 105-151.

Evensky, J. (2005) Adam Smith’s Moral Philosophy: A Historical and Contemporary Perspective on Markets, Law, Ethics, and Culture. Cambridge: Cambridge U Press.

Jerry Evensky, Adam Smith’s Theory of Moral Sentiments: On Morals and Why They Matter to a Liberal Society of Free People and Free Markets, Journal of Economic Perspectives—Volume 19, Number 3—Summer 2005—Pages 109–130

Parker, R (2005) John Kenneth Galbraith: His Life, His Politics, His Economics. Chicago: U Chicago Press

Keigo Tajima, The theory of institutions and collective action in Adam Smith’s Theory of Moral Sentiments, The Journal of Socio-Economics 36 (2007) 578–594

Muller, JZ (1993) Adam Smith: In His Time and Ours, Princeton: Princeton U Press.

Muller, JZ, 2002, The Mind and the Market: Capitalism in Modern European Thought, NY: Alfred A Knopf.

Robbins, L, (1998) A History of Economic Thought: The LSE Lectures,  Medema, SG, Samuels, WJ, eds, Princeton: Princeton U Press.

Hilts, Philip J. (2003) Protecting America’s Health: The FDA, Business, and One Hundred Years of Regulation, New York: Alfred A. Knopf.

Starr, P (1982) The Social Transformation of American Medicine: The Rise of a Sovereign Profession and the Making of a Vast Industry. New York: Basic Books a division of HarperCollins.

Frank, RH, 2004, What Price the Moral High Ground? Ethical Dilemmas in Competitive Environments, Princeton: Princeton U Press.

Hausman, DM, McPherson, MS (1996) Economic Analysis and Moral Philosophy, Cambridge: Cambridge U Press.

McCloskey, DN (2006) The Bourgeois Virtues: Ethics for an Age of Commerce, Chicago: U Chicago Press.

Sen, A (1988) On Ethics & Economics, Malden, MA: Blackwell Publishing

Sen, A (1995) Inequality Re-examined, Cambridge, MA: Harvard U Press.

Sen, A, Williams, B (1999) Utilitarianism and beyond. Cambridge: Cambridge U Press.

Vickers, D (1997) Economics and Ethics: An Introduction to Theory, Institutions, and Policy, Westport, CT: Praeger.

Akerlof, George A. (1970). "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism". Quarterly Journal of Economics 84 (3): 488–500.

Arrow, KJ, 1963, Uncertainty and the welfare economics of medical care, American Economic Review, 53, 941-73.

Hammer, PJ, Haas-Wilson, D, Peterson, MA, Sage, WM (eds) (2003) Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care

Pauly, MV, Págán, JA (2007) Spillovers and Vulnerability: The Case of Community Uninsurance. Health Affairs. 26(5):1304-14.

Reinhart, U, 2001, Can Efficiency in Health Care Be Left to the Market? Journal of Health Policy, Politics and the Law, 26(5): 967-992

Callahan, D, Wasunna, AA, eds (2006) Medicine and the Market: Equity v. Choice, Baltimore, MD: Johns Hopkins Press

Culyer, AJ (1989) The normative economics of health care finance and provision, Oxford Review of Economic Policy, 5(1): 34-56.

Cutler, DM (2004) Your Money or Your Life: Strong Medicine for America’s Health Care System, New York: Oxford U Press.

Garber, K, 2007, Users Fear that Lymphoma Drugs will Disappear, J National Cancer Institutute, 99(7): 498-501.

Groopman, J (2008) Medical Dispatch: Superbugs: Infections that are almost impossible to treat, The New Yorker, August 11 & 18, p. 46.

Grossman, Michael. 1972. On the concept of health capital and the demand for health. Journal of Political Economy. 80(2): 223-255.

Newhouse, JP (2002) Pricing the Priceless: A Health Care Conundrum, Cambridge, MA: MIT Press.

Sen, AK (1970) The Impossibility of a Paretian Liberal. J of Political Economy, 78(1): 152-157

Sen, AK, 1979, Rational Fools: A Critique of the Behavioral Foundations of Economic Theory. Philosophy and Public Affairs. 6: 317-44.

Scitovsky, T (1992) The Joyless Economy: The Psychology of Human Satisfaction (Revised Edition). New York: Oxford U Press.

Golnaz Tabibnia, Ajay B. Satpute, and Matthew D. Lieberman (2008) The Sunny Side of Fairness: Preference for Fairness Activates Reward Circuitry (and Disregarding Unfairness Activates Self-Control Circuitry) Psychological Science, 19(4): 339-347.

Kahneman, D, Knetsch, JL, Thaler, RH (1986a) Fairness and the assumptions of economics. Journal of Business, 59(4, part 2): S285-S300.

Kahneman, D, Knetsch, JL, Thaler, RH (1986b) Fairness as a constraint in profit-seeking: Entitlements in the market. American Economic Review. 76(4): 728-741.

Konow, J (1996) A Positive Theory of Economic Fairness, Journal of Economic Behavior and Organization, 31: 13-35.

Konow, J (2001) Fair and Square: The four sides of distributive justice. Journal of Economic Behavior and Organization 46: 137-164.

Konow, J (2003) Which is the fairest one of all? A Positive Analysis of Justice Theories. J Econ Lit, XLI, 1188-1239.

Brandt, Allan M. (2007) The Cigarette Century: The Rise, Fall, and Deadly Persistence of the Product that Defined America, New York: Basic Books..

Jha, P, Chaloupka, F, eds, (2000) Tobacco Control in Developing Countries, Oxford: Oxford U Press.

Kessler, David (2001) A Question of Intent: A Great American Battle with a Deadly Industry, New York: PublicAffairs

Viscusi, W. Kip (2002) Smoke-Filled Rooms: A Postmortem on the Tobacco Deal, Chicago: U Chicago Press.

Warner, KE (2006) Tobacco Control Policy, San Francisco: Jossey-Bass

De Soto, H (2000) The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. New York: Basic Books

Friedman, M (1970) The Social Responsibility of Business is to Increase its Profits, New York Times.

Friedman, M (2002) Capitalism and Freedom, Fortieth Anniversary Edition, Chicago: U Chicago Press.

Adler, MD, Posner, EA, eds (2001) Cost-Benefit Analysis: Legal, Economic, and Philosophical Perspectives. Chicago: U Chicago Press.

Drummond, M, McGuire, A (2005) Economic Evaluation in Health Care: Merging Theory with Practice, Oxford: Oxford U Press

Drummond, M, Sculpher, MJ, Torrance, GW, O’Brien, BJ, Stoddart, GL (2005) Methods for the economic Evaluation of Health Care Programmes, Third Edition. Oxford: Oxford U Press

David Bornstein, The Price of a Dream: The Story of the Grameen Bank, Oxford U Press, 2005 (paperback)

Sen, A (1999) Development as Freedom, New York: Anchor Books.

Yunnus, M (2003) Banker to the Poor: Micro-lending and the battle against world poverty, New York: Public Affairs