Ethics in Economic Thought

Ethics in Economic Thought PDF Author: Joanna Dzionek-Kozłowska
Publisher: Jagiellonian University Press
ISBN: 9788323340041
Category : Economics
Languages : en
Pages : 0

Get Book

Book Description
This book reformulates the central questions of ethics in economic thought. It reconsiders the purpose of economic activity, the ethical values of entrepreneurs, and the Aristotelian dilemma of differentiating between needs and desires to better understand the rise of consumerism. The book also examines cultural factors, the role of religion, and the significance of informal institutions, ultimately showing how less developed countries can increase opportunities for all of their citizens.

Ethics in Economic Thought

Ethics in Economic Thought PDF Author: Joanna Dzionek-Kozłowska
Publisher: Jagiellonian University Press
ISBN: 9788323340041
Category : Economics
Languages : en
Pages : 0

Get Book

Book Description
This book reformulates the central questions of ethics in economic thought. It reconsiders the purpose of economic activity, the ethical values of entrepreneurs, and the Aristotelian dilemma of differentiating between needs and desires to better understand the rise of consumerism. The book also examines cultural factors, the role of religion, and the significance of informal institutions, ultimately showing how less developed countries can increase opportunities for all of their citizens.

Ethics and Economic Theory

Ethics and Economic Theory PDF Author: Khalid Mir
Publisher: Routledge
ISBN: 9780367504359
Category : Economics
Languages : en
Pages : 230

Get Book

Book Description
This book takes a multi-disciplinary critique of economics' first principles: the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of economics, research agendas and policy analyses. The book argues that both the theoretical understanding of the economy and the actual working of real-world market economies diminish the scope for thinking about the relation between ethics, economics, and the economy. It highlights how market economies may "crowd out" ethical behavior and our evaluation of them elides ethical reflection. The book calls for a more pluralistic and richer approach to economic theory, one that allows ample room for ethical considerations. It provides insight into understanding human motivations and human flourishing and how a good economy requires reflection on the ethical relations between the self, world, and time.

Economics, Ethics and Religion

Economics, Ethics and Religion PDF Author: R. Wilson
Publisher: Springer
ISBN: 0230374727
Category : Business & Economics
Languages : en
Pages : 243

Get Book

Book Description
There is a revival of interest by economists in ethical issues and beliefs, and by moral philosophers and theologians in economics. This book is intended to make a contribution to this cross-fertilisation of ideas. Rodney Wilson has undertaken an extensive survey of Jewish, Christian and Muslim views on economics, and reviewed the rapidly expanding business ethics literature from a religious perspective. The juxtaposition of the work of theologians and moral philosophers with that of economists results in some interesting comparisons.

Moral Discourse in the History of Economic Thought

Moral Discourse in the History of Economic Thought PDF Author: Laurent Dobuzinskis
Publisher: Taylor & Francis
ISBN: 1000606457
Category : Business & Economics
Languages : en
Pages : 323

Get Book

Book Description
Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on "sympathy" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as "fair reciprocity" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology. This key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.

Words, Objects and Events in Economics

Words, Objects and Events in Economics PDF Author: Peter Róna
Publisher: Springer Nature
ISBN: 3030526739
Category : Philosophy
Languages : en
Pages : 236

Get Book

Book Description
This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

The Oxford Handbook of Professional Economic Ethics

The Oxford Handbook of Professional Economic Ethics PDF Author: George F. DeMartino
Publisher: Oxford University Press
ISBN: 0190269979
Category : Philosophy
Languages : en
Pages : 688

Get Book

Book Description
For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of "professionalism" and its implications for ethical practice.

The Morality of Economic Behaviour

The Morality of Economic Behaviour PDF Author: Vangelis Chiotis
Publisher: Routledge
ISBN: 135116886X
Category : Business & Economics
Languages : en
Pages : 144

Get Book

Book Description
The links between self-interest and morality have been examined in moral philosophy since Plato. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith. Examining moral philosophy through the framework provided by economics offers new insights into both disciplines and the discussion on the origins and nature of morality. The Morality of Economic Behaviour: Economics as Ethics argues that moral behaviour does not need to be exogenously encouraged or enforced because morality is a side effect of interactions between self-interested agents. The argument relies on two important parameters: behaviour in a social environment and the effects of intertemporal choice on rational behaviour. Considering social structures and repeated interactions on rational maximisation allows an argument for the morality of economic behaviour. Amoral agents interacting within society can reach moral outcomes. Thus, economics becomes a synthesis of moral and rational choice theory bypassing the problems of ethics in economic behaviour whilst promoting moral behaviour and ethical outcomes. This approach sheds new light on practical issues such as economic policy, business ethics and social responsibility. This book is of interest primarily to students of politics, economics and philosophy but will also appeal to anyone who is interested in morality and ethics, and their relationship with self-interest.

The Ethical Formation of Economists

The Ethical Formation of Economists PDF Author: Wilfred Dolfsma
Publisher: Routledge
ISBN: 1351043781
Category : Business & Economics
Languages : en
Pages : 339

Get Book

Book Description
Economists' role in society has always been an uneasy one, and in recent years the ethicality of the profession and its practitioners has been questioned more than ever. This collection of essays is the first to investigate the multifaceted nature of what forms economists' ethical and economic views. Bringing together work from international contributors, The Ethical Formation of Economists explores the ways in which economists are influenced in their training and career, examining how this can explain their individual ethical stances as economists. The book suggests that if we can better understand what is making economists think and act as they do, considering ethicality in the process, we might all be better placed to implement changes. The intent is not to exonerate economists from personal responsibility, but to highlight how considering the circumstances that have helped shape economists' views can help to address issues. It is argued that it is important to understand these influences, as without such insights, the demonization of economists is too easily adapted as a stance by society as well as too easily dismissed by economists. This book will be of great interest to those studying and researching in the fields of economics, ethics, philosophy and sociology. It also seeks to bring an ethical debate within and about economics and to cause change in the practical reasoning of economists.

Ethics, Rationality, and Economic Behaviour

Ethics, Rationality, and Economic Behaviour PDF Author: Francesco Farina
Publisher: Oxford University Press
ISBN: 9780198289814
Category : Business & Economics
Languages : en
Pages : 370

Get Book

Book Description
The connection between economics and ethics is as old as economics itself, and central to both disciplines. The essays included in the present volume provide an analysis of the connections between ethics and economics as viewed from several different - oft

Ethics and Uncertainty

Ethics and Uncertainty PDF Author: William B. Greer
Publisher: Edward Elgar Publishing
ISBN: 9781781959312
Category : Business & Economics
Languages : en
Pages : 168

Get Book

Book Description
This study explores how two economists, who both placed "uncertainty" at the heart of their economic theories, came to drastically different and opposing policy recommendations. The volume illustrates the important lesson to be learned from Keynes and Knight.