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	<title>Comments on: Economic Analysis, Moral Philosophy, and Public Policy</title>
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	<link>http://crookedtimber.org/2006/04/03/economic-analysis-moral-philosophy-and-public-policy/</link>
	<description>Out of the crooked timber of humanity, no straight thing was ever made</description>
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		<title>By: joel turnipseed</title>
		<link>http://crookedtimber.org/2006/04/03/economic-analysis-moral-philosophy-and-public-policy/comment-page-1/#comment-150510</link>
		<dc:creator>joel turnipseed</dc:creator>
		<pubDate>Mon, 03 Apr 2006 15:19:06 +0000</pubDate>
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		<description>The book&#039;s in the bag--can&#039;t wait to have a look at it.

Meantime, as to the Summers memo: his statement wouldn&#039;t be philosophically interesting (or would only be trivially so after, e.g., Rawls, Sen, Williams) if he was &lt;em&gt;just&lt;/em&gt; identifying the value of their health with the value of their labor on the market. He realizes this, as is evidenced by his statement: 

&quot;The problem with the arguments against all of these proposals for more pollution in LDCs (intrinsic rights to certain goods, moral reasons, social concerns, lack of adequate markets, etc.) could be turned around and used more or less effectively against every Bank proposal for liberalization.&quot;

Given his other remarks, on, e.g., price elasticity for clean environment, you could very easily interpret this as saying: &quot;Look, it sounds coldly utilitarian and sinister. But while it may be utilitarian, it&#039;s in the favor of those getting &#039;dumped&#039; on--their net transfer of wealth is going to be out of all proportion to their decreased welfare (and most likely their welfare, even accounting for negative effects of pollution transfer, will &lt;em&gt;improve&lt;/em&gt;).

Now, he could be &lt;em&gt;wrong&lt;/em&gt; and I could be overly generous--and I&#039;m certainly not leaving out the severe criticism to be made from stance of &quot;we&#039;ll decide what trade-offs they make&quot;--but I think it&#039;s not a wholly evil statement &amp; can see how it touches on everything from distributive justice (Rawls&#039; &#039;basket of goods&#039; on multiple levels) to fundamental problems with our intuitions about utilitarianism.</description>
		<content:encoded><![CDATA[	<p>The book&#8217;s in the bag&#8212;can&#8217;t wait to have a look at it.</p>

	<p>Meantime, as to the Summers memo: his statement wouldn&#8217;t be philosophically interesting (or would only be trivially so after, e.g., Rawls, Sen, Williams) if he was <em>just</em> identifying the value of their health with the value of their labor on the market. He realizes this, as is evidenced by his statement:</p>

	<p>&#8220;The problem with the arguments against all of these proposals for more pollution in LDCs (intrinsic rights to certain goods, moral reasons, social concerns, lack of adequate markets, etc.) could be turned around and used more or less effectively against every Bank proposal for liberalization.&#8221;</p>

	<p>Given his other remarks, on, e.g., price elasticity for clean environment, you could very easily interpret this as saying: &#8220;Look, it sounds coldly utilitarian and sinister. But while it may be utilitarian, it&#8217;s in the favor of those getting &#8216;dumped&#8217; on&#8212;their net transfer of wealth is going to be out of all proportion to their decreased welfare (and most likely their welfare, even accounting for negative effects of pollution transfer, will <em>improve</em>).</p>

	<p>Now, he could be <em>wrong</em> and I could be overly generous&#8212;and I&#8217;m certainly not leaving out the severe criticism to be made from stance of &#8220;we&#8217;ll decide what trade-offs they make&#8221;&#8212;but I think it&#8217;s not a wholly evil statement &#038; can see how it touches on everything from distributive justice (Rawls&#8217; &#8216;basket of goods&#8217; on multiple levels) to fundamental problems with our intuitions about utilitarianism.</p>
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		<title>By: Daniel</title>
		<link>http://crookedtimber.org/2006/04/03/economic-analysis-moral-philosophy-and-public-policy/comment-page-1/#comment-150508</link>
		<dc:creator>Daniel</dc:creator>
		<pubDate>Mon, 03 Apr 2006 15:07:26 +0000</pubDate>
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		<description>The big problem with it is Summers&#039; identification of the value of health with the wage rate; this is a pretty clear failure to treat people as ends rather than means, because it identifies the value of their health with the value of their labour on the market rather than its value to them.</description>
		<content:encoded><![CDATA[	<p>The big problem with it is Summers&#8217; identification of the value of health with the wage rate; this is a pretty clear failure to treat people as ends rather than means, because it identifies the value of their health with the value of their labour on the market rather than its value to them.</p>
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		<title>By: harry b</title>
		<link>http://crookedtimber.org/2006/04/03/economic-analysis-moral-philosophy-and-public-policy/comment-page-1/#comment-150506</link>
		<dc:creator>harry b</dc:creator>
		<pubDate>Mon, 03 Apr 2006 14:53:57 +0000</pubDate>
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		<description>I&#039;m not telling -- read the book! 

Well, I will tell you that what they offer is a careful balanced and reasoned critique, not a rant, and that they use the core considerations Summers raises to explore the relationship of different values in public policy. Just to reassure you here&#039;s a quote from page 20:

&quot;The uproar caused by the memo suggests that many people are not willing to accept its conclusion. But this may be a thoughtless first reaction. Why shouldn&#039;t the World Bank encourage migration of dirty industries? Since the argument is logically valid....&quot;</description>
		<content:encoded><![CDATA[	<p>I&#8217;m not telling&#8212;read the book!</p>

	<p>Well, I will tell you that what they offer is a careful balanced and reasoned critique, not a rant, and that they use the core considerations Summers raises to explore the relationship of different values in public policy. Just to reassure you here&#8217;s a quote from page 20:</p>

	<p>&#8220;The uproar caused by the memo suggests that many people are not willing to accept its conclusion. But this may be a thoughtless first reaction. Why shouldn&#8217;t the World Bank encourage migration of dirty industries? Since the argument is logically valid&#8230;.&#8221; </p>
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		<title>By: Tim Worstall</title>
		<link>http://crookedtimber.org/2006/04/03/economic-analysis-moral-philosophy-and-public-policy/comment-page-1/#comment-150504</link>
		<dc:creator>Tim Worstall</dc:creator>
		<pubDate>Mon, 03 Apr 2006 14:29:33 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/?p=4507#comment-150504</guid>
		<description>Obviously not read the book but did read the Summers note. I’m obviously missing something. What’s wrong with it?</description>
		<content:encoded><![CDATA[	<p>Obviously not read the book but did read the Summers note. I&#8217;m obviously missing something. What&#8217;s wrong with it?</p>
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