Efficiency and the common good: a necessary bond
Abstract
The central issue of the article is the interrelation between the common good and economic efficiency. We want to argue that 1) an interrelation between the idea of common good and the conception of economic efficiency is possible, and 2) that this interrelation is fruitful and constructive for the use of an ethically informed concept of economic efficiency that can be useful in public policy analysis. To this goal, 1) we will analyze various concepts of the common good in the literature; 2) we will carry out an exercise of theoretical interrelation between economic efficiency and the common good.References
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