Book contents
- Rawls’s A Theory of Justice at 50
- Cambridge Philosophical Anniversaries
- Rawls’s A Theory of Justice at 50
- Copyright page
- Dedication
- Contents
- Figures
- Contributors
- Acknowledgments
- Abbreviations of and Bibliographic Information for Rawls’s Works
- Introduction
- Part I Rawls and History
- 1 Taillight Illumination
- 2 The Theory Rawls, the 1844 Marx, and the Market
- 3 Rawls, Lerner, and the Tax-and-Spend Booby Trap
- 4 Rawls’s Principles of Justice as a Transcendence of Class Warfare
- 5 The Significance of Injustice
- Part II Developments between A Theory of Justice and Political Liberalism
- Part III Rawls, Ideal Theory, and the Persistence of Injustice
- Part IV Pluralism, Democracy, and the Future of Justice as Fairness
- References
- Index
3 - Rawls, Lerner, and the Tax-and-Spend Booby Trap
What Happened to Monetary Policy?
from Part I - Rawls and History
Published online by Cambridge University Press: 20 July 2023
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Edited by
Book contents
- Rawls’s A Theory of Justice at 50
- Cambridge Philosophical Anniversaries
- Rawls’s A Theory of Justice at 50
- Copyright page
- Dedication
- Contents
- Figures
- Contributors
- Acknowledgments
- Abbreviations of and Bibliographic Information for Rawls’s Works
- Introduction
- Part I Rawls and History
- 1 Taillight Illumination
- 2 The Theory Rawls, the 1844 Marx, and the Market
- 3 Rawls, Lerner, and the Tax-and-Spend Booby Trap
- 4 Rawls’s Principles of Justice as a Transcendence of Class Warfare
- 5 The Significance of Injustice
- Part II Developments between A Theory of Justice and Political Liberalism
- Part III Rawls, Ideal Theory, and the Persistence of Injustice
- Part IV Pluralism, Democracy, and the Future of Justice as Fairness
- References
- Index
Summary
This chapter examines John Rawls’s uncritical acceptance of “sound” finance, how it reflects his use of his constructive method, his influences in neo-classical economics, and the regrettable consequences. It also suggests how we can unlearn deference to neo-classical thinking, using Rawls’s method, in view of Abba Lerner’s functional finance and an egalitarian form of central banking.
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- Information
- Rawls’s A Theory of Justice at 50 , pp. 60 - 77Publisher: Cambridge University PressPrint publication year: 2023
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