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Value pluralism - Seb O'Connor

Economics for Rebels

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Values in Economics and Decision-Making

This chapter examines how values influence economic behaviors and decisions, challenging the notion of individuals as solely rational actors. It emphasizes the importance of recognizing a plurality of values in decision-making to avoid misguided policies, with case studies illustrating the ethical implications of monetary-focused decision frameworks. The discussion advocates for inclusive and democratic processes that honor diverse values, particularly in ecological contexts, to foster sustainable outcomes.

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