search query: @author Buchanan, J. / total: 6
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Author: | Buchanan, J. |
Title: | The Economics and Ethics of Idleness |
Journal: | American Journal of Economics and Sociology
2001 : VOL. 60:5, p. 181-192 |
Index terms: | ECONOMICS ECONOMISTS ETHICS |
Language: | eng |
Abstract: | The author proposes to use this occasion to explore, in an admittedly speculative fashion, a subject that has come increasingly to occupy the author's interest and which also, in a special sense, is related to the interest and efforts of Henry George, whom this lecture series commemorates. The author wants to concentrate attention on idleness in the use of potentially productive resources, and particularly on the ethical aspects of individuals' choices concerning the margins of productive employment. This subject matter has been neglected in modern macroeconomic analysis, which has embodied the presumption that potentially productive resources will be employed optimally, within the constraints faced by individual resource owners, so long as the choice of employment is voluntary. |
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