Search Results for: On Ethics And Economics

On Ethics and Economics

On Ethics and Economics

Author: Amartya Sen

Publisher: Wiley-Blackwell

ISBN: 0631164014

Category: Business & Economics

Page: 148

View: 278

In this elegant critique, Amartya Sen argues that welfare economics can be enriched by paying more explicit attention to ethics, and that modern ethical studies can also benefit from a closer contact with economies. He argues further that even predictive and descriptive economics can be helped by making more room for welfare-economic considerations in the explanation of behaviour.

Methodology of the Social Sciences, Ethics, and Economics in the Newer Historical School

Methodology of the Social Sciences, Ethics, and Economics in the Newer Historical School

Author: Peter Koslowski

Publisher: Springer Science & Business Media

ISBN: 3540634584

Category: Business & Economics

Page: 584

View: 367

The volume gives an exposition of the achievement and present relevance of the Newer Historical School of Economics and of the theory of the Humane Sciences that accompanied its development. It describes the methodology of economics and the social sciences, the economic ethics, and the theory of the social and human sciences in the Historical School. It shows how its emphasis moved from an ethical economics or ethical economy to the methodology of the social and economic sciences. Together with the volume on the theory of ethical economy in the Older Historical School, the reader is provided with an encyclopedic description and analysis of the entire Historical School and of the German speaking tradition of economics and the social sciences in the 19th and the first half of the 20th century.

Value in Ethics and Economics

Value in Ethics and Economics

Author: Elizabeth Anderson

Publisher: Harvard University Press

ISBN: 9780674931909

Category: Philosophy

Page: 244

View: 582

Elizabeth Anderson offers a new theory of value and rationality that rejects cost-benefit analysis in our social lives and in our ethical theories. This account of the plurality of values thus offers a new approach, beyond welfare economics and traditional theories of justice, for assessing the ethical limitations of the market. In this light, Anderson discusses several contemporary controversies involving the proper scope of the market, including commercial surrogate motherhood, privatization of public services, and the application of cost-benefit analysis to issues of environmental protection. Table of Contents: Preface 1. A Pluralist Theory of Value A Rational Attitude Theory of Value Ideals and Self-Assessment How Goods Differ in Kind (I): Different Modes of Valuation How Goods Differ in Kind (II): Social Relations of Realization 2. An Expressive Theory of Rational Action Value and Rational Action The Framing of Decisions The Extrinsic Value of States of Affairs Consequentialism Practical Reason and the Unity of the Self 3. Pluralism and Incommensurable Goods The Advantages of Consequentialism A Pragmatic Theory of Comparative Value Judgments Incommensurable Goods Rational Choice among Incommensurable Goods 4. Self-Understanding, the Hierarchy of Values, and Moral Constraints The Test of Self-Understanding The Hierarchy of Values Agent-Centered Restrictions Hybrid Consequentialism A Self-Effacing Theory of Practical Reason? 5. Criticism, Justification, and Common Sense A Pragmatic Account of Objectivity The Thick Conceptual Structure of the Space of Reasons How Common Sense Can Be Self-Critical Why We Should Ignore Skeptical Challenges to Common Sense 6. Monistic Theories of Value Monism Moore's Aesthetic Monism Hedonism Rational Desire Theory 7. The Ethical Limitations of the Market Pluralism, Freedom, and Liberal Politics The Ideals and Social Relations of the Modern Market Civil Society and the Market Personal Relations and the Market Political Goods and the Market The Limitations of Market Ideologies 8. Is Women's Labor a Commodity? The Case of Commercial Surrogate Motherhood Children as Commodities Women's Labor as a Commodity Contract Pregnancy and the Status of Women Contract Pregnancy, Freedom, and the Law 9. Cost-Benefit Analysis, Safety, and Environmental Quality Cost-Benefit Analysis as a Form of Commodification Autonomy, Labor Markets, and the Value of Life Citizens, Consumers, and the Value of the Environment Toward Democratic Alternatives to Cost-Benefit Analysis Conclusion Notes References Index Reviews of this book: Anderson/auhtor is anxious to combat what she sees as a tendency for commercial values to invade areas of human life where they do not belong...A useful contribution to debate about the proper scope of the market. "Not everything is a commodity, insists Anderson, and her brief should shake up social science technocrats." DD--Philadelphia Inquirer "The book is rich in both argument and application." DD--Alan Hamlin, Times Higher Education Supplement "In this rich and insightful book Elizabeth Anderson develops an original account of value and rational action and then employs this account to address the pragmatic political question of what the proper range of the market should be. Anderson's principal targets are consequentialism, monism and the crude 'economistic' reasoning which underpins much contemporary social policy...This is an important book...For anyone interested in political philosophy this is essential reading." DD--A. J. Walsh, Australasian Journal of Philosophy --Hugo Dixon, Financial Times [UK] Reviews of this book: Not everything is a commodity, insists Anderson, and her brief should shake up social science technocrats. --Philadelphia Inquirer Reviews of this book: The book is rich in both argument and application. --Alan Hamlin, Times Higher Education Supplement Reviews of this book: In this rich and insightful book Elizabeth Anderson develops an original account of value and rational action and then employs this account to address the pragmatic political question of what the proper range of the market should be. Anderson's principal targets are consequentialism, monism and the crude 'economistic' reasoning which underpins much contemporary social policy...This is an important book...For anyone interested in political philosophy this is essential reading. --A. J. Walsh, Australasian Journal of Philosophy

The Ethics and Economics of the Capability Approach

The Ethics and Economics of the Capability Approach

Author: Reiko Gotoh

Publisher: Springer Nature

ISBN: 9789811551406

Category: Business & Economics

Page: 258

View: 654

This book inquires into the Capability Approach, a value theory of freedom, which crystalizes the interests of Marx, Welfare Economics, Social Choice, and Ethics. The capability approach has attracted many people as a promising interdisciplinary approach to human well-being and social worlds, finely overarching ethical and economic concerns. It has well challenged essential characteristics of welfare economics, which focuses on the criterion of efficiency with the concept of utility, by explicitly incorporating normative criteria such as agency, well-being and real freedom into positive analysis. However, it has a bit operational and methodological difficulties such that how to estimate an individual capability set which includes potential multi-dimensional functioning vectors. This book reminds the reader of what traditional economics has left behind, by examining historical backgrounds, scrutinizing philosophical foundations and providing an operational formulation of the capability approach: indispensable for understanding what the capability approach is about and what it can achieve.

The Oxford Handbook of Ethics and Economics

The Oxford Handbook of Ethics and Economics

Author: Mark D. White

Publisher: Oxford University Press, USA

ISBN: 9780198793991

Category: Business & Economics

Page: 666

View: 422

Economics and ethics are both valuable tools for analyzing the behavior and actions of human beings and institutions. Adam Smith, the father of modern economics, considered them two sides of the same coin, but since economics was formalized and mathematicised in the late 1800s and early 1900s, the fields have largely followed separate paths. The Oxford Handbook of Ethics and Economics provides a timely and thorough survey of the various ways ethics can, does, and should inform economic theory and practice. The first part of the book, Foundations, explores how the most prominent schools of moral philosophy relate to economics; asks how morals relevant to economic behavior may have evolved; and explains how various approaches to economics incorporate ethics into their work. The second part, Applications, looks at the ethics of commerce, finance, and markets; uncovers the moral dilemmas involved with making decisions regarding social welfare, risk, and harm to others; and explores how ethics is relevant to major topics within economics, such as health care and the environment. With esteemed contributors from economics and philosophy, The Oxford Handbook of Ethics and Economics is a resource for scholars in both disciplines and those in related fields. It highlights the close relationship between ethics and economics in the past while and lays a foundation for further integration going forward.

Karl Polanyi on Ethics and Economics

Karl Polanyi on Ethics and Economics

Author: Gregory Baum

Publisher: McGill-Queen's Press - MQUP

ISBN: 0773513965

Category: Biography & Autobiography

Page: 118

View: 814

Breaking new ground in Polanyi scholarship, Gregory Baum explores the relation between ethics, culture, and economics in Karl Polanyi's interpretation of modern economic and social history, clarifies the ethical presuppositions present in Polanyi's work, and addresses how Polanyi's understanding of the relation between ethics and economics touches on many issues relevant to the contemporary debate about the world's economic future.

Handbook of Ethics of Islamic Economics and Finance

Handbook of Ethics of Islamic Economics and Finance

Author: Abbas Mirakhor

Publisher: Walter de Gruyter GmbH & Co KG

ISBN: 9783110590548

Category: Business & Economics

Page: 648

View: 288

Since the financial crisis of 2007/2008, a renewed discussion on the ethics and finance is being examined from different dimensions – finance for good society, responsible finance, ethical finance, financial crimes, and financial repression. The principal objective of this Handbook on Ethics of Islamic Economics and Finance is to provide a deeper understanding of the ethical underpinning of Islamic economics and finance. The reader will notice that the Handbook reflects a diversity of views on the subject of economic and business ethics in Islam across the intellectual spectrum of Muslim thought over the globe. Handbook attempts to find answers to some questions concerning the definition and characteristics of the ethical system in Islam. What is its goal and how do its rules and practices ensure welfare for individuals and society? Are the moral principles universal and invariable or do they change and adapt with the social changes of communities and progress in science and technology? Is the present generation accountable for the welfare of future generations? Where is the boundary between law and ethics and who guarantees their adoption and implementation?

Economics, Ethics, and Ancient Thought

Economics, Ethics, and Ancient Thought

Author: Donald G. Richards

Publisher: Routledge

ISBN: 9781317556367

Category: Business & Economics

Page: 198

View: 249

It is argued that the normative and ethical presuppositions of standard economics render the discipline incapable of addressing an important class of problems involving human choices. Economics adopts too thin an account both of human motivation and of "the good" for individuals and for society. It is recommended that economists and policy-makers look back to ancient philosophy for guidance on the good life and good society considered in terms of eudaimonism, or human flourishing. Economics, Ethics, and Ancient Thought begins by outlining the limitations of the normative and ethical presuppositions that underpin standard economic theory, before going on to suggest alternative normative and ethical traditions that can supplement or replace those associated with standard economic thinking. In particular, this book considers the ethical thought of ancient thinkers, particularly the ancient Greeks and their concept of eudaimonia, arguing that within those traditions better alternatives can be found to the rational choice utilitarianism characteristic of modern economic theory and policy. This volume is of great interest to those who study economic theory and philosophy, history of economic thought and philosophy of social science, as well as public policy professionals.

McCloskey's Rhetoric

McCloskey's Rhetoric

Author: Benjamin Balak

Publisher: Psychology Press

ISBN: 0415316820

Category: Business & Economics

Page: 160

View: 211

This unique book examines the use of rhetoric in economics, focusing on the work of one of the discipline's most recognizable names; Deirdre McCloskey. It analyzes her major texts and evaluates their methodological and philosophical consequences.

Ethics and Economic Affairs

Ethics and Economic Affairs

Author: Alan Lewis

Publisher: Routledge

ISBN: 9781134869725

Category: Business & Economics

Page: 416

View: 202

There has been a remarkable growth of interest in the ethical dimension of economic affairs. Whilst the interest in business ethics has been long-standing, it has been given renewed emphasis by high profile scandals in the world of business and finance. At the same time many economists, dissatisfied with the discipline's emphasis on self-interest and individualism, and by the asocial nature of much economic theory, have sought to enlarge the scope of economics by looking at ethical questions. In this volume a group of interdisciplinary scholars provide contributions which include evaluations of work in business ethics, empirical studies of such issues as social and ethical investing, the place of ethics in the new economics and perspectives from other disciplines.

The Ethical Formation of Economists

The Ethical Formation of Economists

Author: Wilfred Dolfsma

Publisher: Routledge

ISBN: 9781351043786

Category: Business & Economics

Page: 339

View: 292

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.