Kantian Ethics And Economics

Author : Mark White
Publisher : Stanford University Press
ISBN 13 : 0804777632
Total Pages : 288 pages
Book Rating : 4.36/5 ( download)

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Download or read book Kantian Ethics and Economics written by Mark White and published by Stanford University Press. This book was released on 2011-05-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the moral philosophy of Immanuel Kant—in particular, the concepts of autonomy, dignity, and character—to economic theory, explaining the importance of integrating these two streams of intellectual thought. Mainstream economics is rooted in classical utilitarianism, recommending that decision makers choose the options that are expected to generate the largest net benefits. For individuals, the standard economic model fails to incorporate the role of principles in decision-making, and also denies the possibility of true choice, which can be independent of preferences and principles altogether. For policymakers, standard decision-making frameworks recommend tradeoffs that are beneficial in terms of material goods or wealth, but may be morally questionable from a more person-centered perspective. Integrating Kantian ethics affects economics in three important ways. This integration allows for a more complete understanding of human choice, incorporating not just preferences and constraints, but also principles and strength of will or character. It demonstrates the broader impact of welfare economics, which generates policies that affect not only persons' well-being, but also their dignity and autonomy. Finally, it reconciles the traditional, individualist stance in economic models of choice with the social responsibility emphasized by many systems of philosophical ethics and heterodox schools of economics.

Author : Jennifer A. Baker
Publisher : Oxford University Press
ISBN 13 : 019870139X
Total Pages : 280 pages
Book Rating : 4.92/5 ( download)

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Download or read book Economics and the Virtues written by Jennifer A. Baker and published by Oxford University Press. This book was released on 2016 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume by leading economists and philosophers that explores the contributions that virtue ethics can make to economics. Provides historical and modern insights in both economics and philosophy and offers suggestions for incorporating the ethics of virtue into economics to make it more applicable to moral dilemmas in the world outside the models.

Author : Damien Bazin
Publisher : Routledge
ISBN 13 : 1351497790
Total Pages : 238 pages
Book Rating : 4.94/5 ( download)

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Download or read book Positive Ethics in Economics written by Damien Bazin and published by Routledge. This book was released on 2017-09-08 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is often accused of being "a-ethical" - lacking a moral perspective - if not altogether immoral. Its detractors criticize economic models of pure and perfect competition, and claim that economics should be concerned with social effects and strive to be equitable. Yet, these critics fail to understand that the discipline has many dimensions. Economics has also developed a group of concerns directly related to ethics. The presence of practical ethics is evident in the economic analysis of behaviour that incorporates ethical preference, altruism, and a responsible calculation based on norms. It is fair today that economics differentiates ethics from purely financial matters, and the discipline can be associated with morality in man's daily life. Volume 14 of the distinguished "Praxiology" series, examine the concept of positive ethics in economics. While normative ethics moralizes economics, trying to render it more "just," positive ethics is first and foremost a model for the construction of theoretical economic reasoning: it reflects on ethical practices within economics, and introduces a model of reasoning that takes individual ethical behaviour and its after-effects into account. The book is divided into three parts. In "Altruism," the contributors discuss the notion of unselfish concern for the welfare of others, and its place in economic practice. In "Commitment," the authors discuss reason as being central to economic theory, as well as the position of ethical behaviour. In "Responsibility," the idea that man is not an island unto himself, but a being involved in a set of relationships, is examined. If a person is simultaneously responsible for himself and others, then how far does his responsibility extend? "Essays on Positive Ethics in Economics" is thought-provoking volume that will be of interest to economists, policymakers, philosophers, and students of ethics and morality.

Author : Mark D. White
Publisher : Routledge
ISBN 13 : 1317988868
Total Pages : 259 pages
Book Rating : 4.61/5 ( download)

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Download or read book Ethics and Economics written by Mark D. White and published by Routledge. This book was released on 2013-09-13 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the days of Adam Smith, ethics and economics have been closely intertwined, and were nominally separated only with the advent of neoclassical economics in the beginning of the last century. This book features eleven essays by leading scholars in economics and philosophy who argue for a renewal of the bond between the two disciplines. Several of the contributors argue that the ethical content of economics and moral status of the market have been misunderstood, for better and for worse. Some recommend changes in the way that individual economic choice is modelled, in order to incorporate ethical as well as self-interested motivations. Finally, others question the way that societies assess economic policies that affect the welfare and dignity of their constituents. A wide range of philosophical perspectives is offered, drawing from the classic writings of Adam Smith, Immanuel Kant, and the ancient Stoics, to that of current scholars such as Amartya Sen, Elizabeth Anderson, and Christine Korsgaard. This book provides a comprehensive introduction to the cutting edge of interdisciplinary research between ethics and economics, and is sure to be an important resource for scholars in both fields. This book was published as a combination of the special issues Review of Political Economy and Review of Social Economy.

Author : Johan Graafland
Publisher : Routledge
ISBN 13 : 1000416615
Total Pages : 287 pages
Book Rating : 4.19/5 ( download)

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Download or read book Ethics and Economics written by Johan Graafland and published by Routledge. This book was released on 2021-09-30 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook applies economic ethics to evaluate the free market system and enables students to examine the impact of free markets using the three main ethical approaches: utilitarianism, principle-based ethics and virtue ethics. Ethics and Economics systematically links empirical research to these ethical questions, with a focus on the core topics of happiness, inequality and virtues. Each chapter offers a recommended further reading list. The final chapter provides a practical method for applying the different ethical approaches to morally evaluate an economic policy proposal and an example of the methodology being applied to a real-life policy. This book will give students a clear theoretical and methodological toolkit for analyzing the ethics of market policies, making it a valuable resource for courses on economic ethics and economic philosophy.

Author : Mark D. White
Publisher : Oxford University Press
ISBN 13 : 019251282X
Total Pages : 592 pages
Book Rating : 4.26/5 ( download)

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Download or read book The Oxford Handbook of Ethics and Economics written by Mark D. White and published by Oxford University Press. This book was released on 2019-06-06 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Michael E. Berumen
Publisher : iUniverse
ISBN 13 : 0595280013
Total Pages : 496 pages
Book Rating : 4.18/5 ( download)

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Download or read book Do No Evil written by Michael E. Berumen and published by iUniverse. This book was released on 2003 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An effective integration of ethics, morality and business practices including extensive discussions of social justice, animal rights and the environment the author elucidates the many layers of the managerial and corporate environment, deftly analyzing the fiduciary, social and moral relationships between the players in a corporation. A fresh, convincing ethical examination." -Kirkus Discoveries Being good is not good enough to be moral. In Do No Evil, Michael Berumen debunks the notions that moral judgments are subjective preferences and that there are no universal standards of morality. He analyzes leading normative theories and gives biographical highlights on several important philosophers. Berumen then sets forth his own theory: the only basis for universal morality is the avoidance of death and suffering, in contrast to conventional conceptions of promoting good, which he shows cannot form a basis for universal rules of conduct. Berumen then examines the concepts of property, exchange, competition, and inequality, and shows why capitalism occupies the default position of morality, and why socialism is problematic. With that said, he also explains why property rights are not unlimited, and how morality serves to constrain capitalist acts. The last part of the book deals with business-related topics. Berumen demonstrates that a business is property and not primarily an instrument for delivering social justice, and he covers such areas as governance, fiduciary responsibility, marketing, globalism, the environment, duties to animals, and moral courage.

Author : Timothy P. Roth
Publisher : Edward Elgar Publishing
ISBN 13 : 1843765594
Total Pages : 142 pages
Book Rating : 4.92/5 ( download)

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Download or read book The Ethics and the Economics of Minimalist Government written by Timothy P. Roth and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . Roth s book is useful and valuable. Using modern secular thought as his starting point, he reaches roughly the same conclusions that one would reach reasoning from the older Christian tradition. There is certainly much to like about that effort. Paul A. Cleveland, Markets & Morality This book is one of the best discussions of welfare economics since Murray Rothbard s classic paper of 1956 Toward a Reconstruction of Utility and Welfare Economics . David Gordon, The Mises Review Timothy Roth shows that social welfare theory, as currently defended by welfare economists and policymakers, is based on a confused and untenable moral theory, is incompatible with a rights-based legal order and is bound to promote unjust and arbitrary redistributions. By advocating a return to the Kantian conception of the moral agent, Roth shows the way to a normative economics that harmonizes with both intuitive morality and the American legal and constitutional tradition. Roger Scruton, Writer and Philosopher, formerly University Professor and Professor of Philosophy at Boston University, US The moral imperative of individual autonomy, embodied in the Kantian Rawlsian perspective on social order, cannot be reconciled with the utilitarian presuppositions that inform normative applications of modern economics. This book exposes the contradictions that are present when the basic philosophical foundations are ignored, a stance that is, unfortunately, characteristic of much modern discourse as well as political practice. James M. Buchanan, George Mason University, US and a Nobel Laureate At a time when technical economics dominates the thinking of much of the profession, it is important to be reminded that economics has roots in moral philosophy. Certainly this book, which deftly explores the ethical prior commitments underlying economic analysis, succeeds in bringing philosophical issues to the forefront. But it does more. Roth s closely reasoned study provides a clear exposition of the Kantian Rawlsian approach to public policy, and thus is able to establish a convincing critique of orthodox welfare theory. In general, the book offers a valuable change of perspective on social questions. Eirik G. Furubotn, Texas A&M University, US Because it is technically flawed and morally bankrupt, the author argues, the economist s consequence-based, procedurally detached theory of the state has contributed to the growth of government. As part of the Kantian Rawlsian contractarian project, this book seeks to return economics to its foundations in moral philosophy. Given the moral equivalence of persons, the greatest possible equal participation must be promoted, persons must be impartially treated and, because it is grounded in consequentialist social welfare theory (SWT), the economist s theory of the state must be rejected. Ad hoc deployment of SWT has facilitated discriminatory rent seeking and contributed to larger government. In contrast, this book argues that equal political participation and a constitutional impartiality constraint minimize rent seeking, respect individual perceptions of the public good and underwrite the legitimacy of government. Economists, moral philosophers and political scientists will find this book a unique contribution to the literature.

Author : Jerome Ballet
Publisher : Transaction Publishers
ISBN 13 : 1412809614
Total Pages : 251 pages
Book Rating : 4.10/5 ( download)

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Download or read book Positive Ethics in Economics written by Jerome Ballet and published by Transaction Publishers. This book was released on 2011-12-31 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is often accused of being "a-ethical"--lacking a moral perspective--if not altogether immoral. Its detractors criticize economic models of pure and perfect competition, and claim that economics should be concerned with social effects and strive to be equitable. Yet, these critics fail to understand that the discipline has many dimensions. Economics has also developed a group of concerns directly related to ethics. The presence of practical ethics is evident in the economic analysis of behavior that incorporates ethical preference, altruism, and a responsible calculation based on norms. It is fair today that economics differentiates ethics from purely financial matters, and the discipline can be associated with morality in man's daily life. Volume 14 of the distinguished Praxiology series, examine the concept of positive ethics in economics. While normative ethics moralizes economics, trying to render it more "just," positive ethics is first and foremost a model for the construction of theoretical economic reasoning: It reflects on ethical practices within economics, and introduces a model of reasoning that takes individual ethical behavior and its aftereffects into account. The book is divided into three parts. In "Altruism," the contributors discuss the notion of unselfish concern for the welfare of others, and its place in economic practice. In "Commitment," the authors discuss reason as being central to economic theory, as well as the position of ethical behavior. In "Responsibility," the idea that man is not an island unto himself, but a being involved in a set of relationships, is examined. If a person is simultaneously responsible for himself and others, then how far does his responsibility extend? Essays on Positive Ethics in Economics is thought-provoking volume that will be of interest to economists, policymakers, philosophers, and students of ethics and morality. JÚr¶me Ballet is senior lecturer in economics at the University of Versailles and senior research fellow at the C3ED (Economics and Ethics Center for Environment and Development). He is the editor of the online journal Ethics and Economics and has published several books and articles on ethics and economics. Damien Bazin is a research fellow at the C3ED, where his specialization is economic philosophy. He is associate editor of Ethics and Economics.

Author : Norman E. Bowie
Publisher : Cambridge University Press
ISBN 13 : 110712090X
Total Pages : 235 pages
Book Rating : 4.07/5 ( download)

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Download or read book Business Ethics: A Kantian Perspective written by Norman E. Bowie and published by Cambridge University Press. This book was released on 2017-02-16 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies the latest studies on Kantian ethics to show how a business can maintain economic success and moral integrity.