Economics and Public Policy

Economics is the study of how societies allocate resources, make decisions, and respond to incentives. Public policy involves the strategies governments use to address economic issues and societal needs. In the context of the philosophy of economics, we explore the ethical and theoretical foundations behind economic theories and policies, questioning their assumptions and implications. This field examines how economic decisions affect justice, equality, and well-being, encouraging critical thinking about the effectiveness and morality of various approaches used in shaping our economic landscape and public life.