Law as a Moral Science

Benjamin Ward

Chapter 15 in What’s Wrong with Economics?, 1972, pp 223-235 from Palgrave Macmillan

Abstract: Abstract The neoclassical social welfare function is an attempt to provide economics with a means of bringing interpersonal comparisons of utility to bear on policy decisions. No. branch of economics has as generally accepted a claim to failure as welfare economics, the branch of economics in which constructing social welfare functions lies. Most economists seem to take this failure as evidence that interpersonal comparisons cannot be made with the precision required by policy decisions. The main argument of this and the last two chapters is that this particular failure of economics is merely a failure of approach, and that there does exist an established and successful scientific procedure for making interpersonal comparisons.

Keywords: Moral Judgment; Social Welfare Function; Interpersonal Comparison; Appellate Court; Alternative Rule (search for similar items in EconPapers)
Date: 1972
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DOI: 10.1007/978-1-349-01806-2_15

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