Economics Ethics And Ancient Thought

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Economics, Ethics, and Ancient Thought

Author : Donald G. Richards
Publisher : Routledge
Page : 198 pages
File Size : 40,5 Mb
Release : 2017-01-20
Category : Business & Economics
ISBN : 9781317556367

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Economics, Ethics, and Ancient Thought by Donald G. Richards Pdf

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.

A Short History of Ethics and Economics

Author : J. E. Alvey
Publisher : Edward Elgar Publishing
Page : 195 pages
File Size : 41,7 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780857938121

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A Short History of Ethics and Economics by J. E. Alvey Pdf

'This is an important and timely work that addresses the moral crisis of contemporary economics. Alvey not only provides an excellent narrative of classical Greek economics, but his arguments are aimed at restoring the central role that ethics played in the long tradition of economic thought. This is an invaluable scholarly resource for academics and students of political economy as well as the history of political thought.' Benjamin Wong, Nanyang Technological University, Singapore Arising from a disenchantment with mainstream economics a dissatisfaction that is widespread today A Short History of Economics and Ethics sketches the emergence and decline of the ethical tradition of economics and the crisis of modern economics. In doing so, James Alvey focuses on four of the leading ancient Greek thinkers: Socrates, Xenophon, Plato and Aristotle. The author uses insights from Amartya Sen's Capabilities approach as well as other sources to retrieve the ethical tradition of economics. Five aspects of this tradition which seem to lie outside of mainstream economics are identified: an ethical methodology; some notion of a just price; an understanding that ethical motivations are relevant to human action; a rich understanding of human well-being; and some notion of distributive justice related to human well-being. Creating a forum for further debate and research opportunity, this book will appeal to students, scholars and historians of economic thought, as well as to all those interested in the intersection of ethics with economics.

Economics, Ethics, and Ancient Thought

Author : Donald G. Richards
Publisher : Taylor & Francis
Page : 188 pages
File Size : 52,5 Mb
Release : 2017-01-20
Category : Business & Economics
ISBN : 9781317556374

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Economics, Ethics, and Ancient Thought by Donald G. Richards Pdf

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.

Economic Morality

Author : Henry C. Clark,Eric Allison
Publisher : Capitalist Thought: Studies in Philosophy, Politics, and Economics
Page : 0 pages
File Size : 42,7 Mb
Release : 2014
Category : Capitalism
ISBN : 0739192507

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Economic Morality by Henry C. Clark,Eric Allison Pdf

This volume provides an integrated and wide-ranging set of primary-source readings on the relationship between moral values and economic activity, as articulated by some of the leading figures in Western civilization. From the ancient Greeks to the present, Economic Morality: Ancient to Modern Readings offers substantial coverage to each major period of history: classical Antiquity, the Middle Ages, the Renaissance and Reformation, the Enlightenment, the Industrial Revolution, and the modern era. Everything from Aristotle to Adam Smith, from Marx to Hayek, and from Proudhon to Nozick has been brought together in one comprehensive survey. The perspectives represented in our volume include those of Christians and Muslims; Protestants, Catholics, and Jews; believers and non-believers; capitalists and socialists; conservatives and libertarians. They emphasize both law and mores, as well as history, philosophy, religion, and economics. This is a genuinely interdisciplinary volume, and one that invites a catholic and humanistic conversation. In preparing this collection, the contributors aim to recover something of the range of moral opinion that first accompanied the rise of "economics" in the eighteenth-century Enlightenment. The loss of that range of opinion has left a troubling void in our academic and public discourse. Those who broadly embrace the modern economic project tend to view it pragmatically but not morally, while those who are more critical of it often end up in a moral monologue that is unsatisfying to all sides. By showing the optimistic pragmatists the rich tradition of moral criticism and the pessimistic critics the equally rich tradition of (qualified) moral approbation, this volume seeks to facilitate conversation and bring much-needed mutual comprehension to a perennial debate.

Ancient Economic Thought

Author : Betsy Price
Publisher : Routledge
Page : 276 pages
File Size : 40,7 Mb
Release : 1997-04-24
Category : Business & Economics
ISBN : 9781134824502

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Ancient Economic Thought by Betsy Price Pdf

This book explores the interrelationship between economic practice and religion, ethics and social structure in a number of ancient cultures, including ancient East Indian, Hebraic, Greek, Hellenistic, Roman and emerging European cultures.

Reassessing the Moral Economy

Author : Tanja Skambraks,Martin Lutz
Publisher : Springer Nature
Page : 303 pages
File Size : 52,8 Mb
Release : 2023-10-06
Category : Business & Economics
ISBN : 9783031298349

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Reassessing the Moral Economy by Tanja Skambraks,Martin Lutz Pdf

This book examines the concept of moral economy originally established by E.P. Thompson, focusing on the impact of religious norms on economic practice. With each chapter discussing a different empirical case study, the interrelations of the economy and religion are explored from antiquity through to the 20th century. The long-term trajectory and comparative perspective allows for moral economy to be seen in relation to ancient Greek commerce, medieval pawn-broking, Christian and Jewish economic ethics, urban social politics during the Plague, the Jesuit mission in Paraguay, the Ottoman Empire, religion in modern American capitalism, and Catholic attitudes toward taxation. This book aims to provide insight into how moral thinking about the economy and economic practice has evolved from a long historic perspective. It will be relevant to students and researchers interested in economic history and cultural economics.

The Economist

Author : Xenophon
Publisher : Good Press
Page : 120 pages
File Size : 54,5 Mb
Release : 2019-11-19
Category : Fiction
ISBN : EAN:4057664099143

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The Economist by Xenophon Pdf

Xenophon was a Greek historian and philosopher known as a contemporary of Socrates. In his works, he wrote about the history of his times, the sayings of Socrates, and about life in Greece. One of his most renowned works, "The Economist," represents a discussion between Critobulus and Socrates in which they discuss profitable estate management. Xenophon also writes about a lengthy discussion Socrates had with Ischomachus on the same subject.

Aristotle's Economic Thought

Author : Scott Meikle
Publisher : Oxford University Press, USA
Page : 232 pages
File Size : 46,5 Mb
Release : 1995
Category : Economics
ISBN : UCSC:32106012186539

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Aristotle's Economic Thought by Scott Meikle Pdf

Aristotle's work on money was the backbone of medieval thinking about commerce, and it is still the foundation of Catholic teaching about market behaviour. Marx's theory of economic value was based on it, and so was much of the economic analysis of money into the present century. In the past hundred years the interpretation of Aristotle's work on money has become chaotic. Economists claim Aristotle as the father of economics, while classical scholars hold that Aristotle had no economic theory at all. It is argued here that Aristotle does develop a coherent theory of economic value, wealth, exchange, and money, but that this theory cannot be assimilated to what we call 'economics', because its metaphysical foundation is incompatible with the Humean metaphysics on which economics is built. From an Aristotelian standpoint, ethics and economics are competitors over the same ground, as rival sources of reasons for decision-making in the public realm, and they cannot be reconciled.

Economics and the Virtues

Author : Jennifer A. Baker,Mark D. White
Publisher : Oxford University Press
Page : 272 pages
File Size : 50,7 Mb
Release : 2016-01-07
Category : Business & Economics
ISBN : 9780191005091

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Economics and the Virtues by Jennifer A. Baker,Mark D. White Pdf

While ethics has been an integral part of economics since the days of Adam Smith (if not Aristotle), many modern economists dismiss ethical concerns in favor of increasing formal mathematical and computational methods. But recent financial crises in the real world have reignited discussions of the importance of ethics to economics, including growing calls for a new approach to incorporating moral philosophy in economic theory, practice, and policy. Ironically, it is the ethics of virtue advocated by Aristotle and Adam Smith that may lead to the most promising way to developing an economics that emphasizes the virtues, character, and judgment of the agents it models. In Economics and the Virtues, editors Jennifer A. Baker and Mark D. White have brought together fifteen leading scholars in economics and philosophy to offer fresh perspectives on integrating virtue into economics. The first section covers five major thinkers and schools in the virtue tradition, tracing historical connections and suggesting new areas of cooperation. The second section applies the ethics of virtue to modern economic theory, delving into its current practices and methodology to suggest areas for integration with moral philosophy. Finally, the third section addresses specific topics such as markets, profits, and justice in the context of virtue and vice, offering valuable applications of virtue to economics. With insights that are novel as well as rooted in time-tested ethical thought, Economics and the Virtues will be of interest to economists, philosophers, and other scholars in the social sciences and humanities, as well as professionals and policymakers in the fields of economics and finance, and makes an invaluable contribution to the ongoing discussion over the role of ethics in economics.

Economics of Good and Evil

Author : Tomas Sedlacek
Publisher : Oxford University Press
Page : 376 pages
File Size : 45,8 Mb
Release : 2011-07-01
Category : Business & Economics
ISBN : 9780199830619

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Economics of Good and Evil by Tomas Sedlacek Pdf

Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.

History of Economic Thought

Author : V. V. Reddy
Publisher : Unknown
Page : 0 pages
File Size : 43,7 Mb
Release : 2009
Category : Economics
ISBN : 8177081934

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History of Economic Thought by V. V. Reddy Pdf

Economic thinking has a long history dating back to pre-Christian era. References to economic ideas and practices are found in Vedas, Bible and Koran in the form of commandments and instructions. Economics for long was regarded as the art of house keeping/management. In fact, Economy was the title of a book by an ancient Greek historian and philosopher Xenophon (434-355 B.C.). Aristotle was another ancient Greek thinker (384-322 B.C) who authored many works on philosophy, natural sciences and socio-economic problems. Another well-known Greek who reflected on economic matters was Plato, the author of the famous work, The Republic. The exploitation of the proletariat (workers) under capitalism led to the writings of Karl Marx (1818-1883), a German philosopher with revolutionary zeal. He published two epoch-making works in collaboration with his friend and benefactor Friedrich Engels (1820-1895): The Communist Manifesto (1848) and Das Capital (1867). These two works immensely influenced the thinking of the contemporary world. From the chaos of the depression of the early 1930s grew the ideas of John Maynard Keynes (1883-1946) which are relevant to this day. This book is an attempt to rekindle interest in the history of economic ideas.

Reckoning with Markets

Author : James Halteman,Jim Halteman,Edd S. Noell
Publisher : OUP USA
Page : 237 pages
File Size : 41,6 Mb
Release : 2012-02-16
Category : Business & Economics
ISBN : 9780199763702

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Reckoning with Markets by James Halteman,Jim Halteman,Edd S. Noell Pdf

This book presents the notion that economic thinking cannot escape value judgments at any level and that this understanding has been the dominant view throughout most of history. It shows how, from ancient times, people who thought about economic matters integrated moral reflection into their thinking. Reflecting on the Enlightenment and the birth of economics as a science, Halteman and Noell illustrate the process by which values and beliefs were excluded from economics proper. They also bring the reader up to date, given the changes over the last half-century.

A History of Greek Economic Thought

Author : Albert Augustus Trever
Publisher : DigiCat
Page : 146 pages
File Size : 46,6 Mb
Release : 2022-09-16
Category : History
ISBN : EAN:8596547354239

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A History of Greek Economic Thought by Albert Augustus Trever Pdf

DigiCat Publishing presents to you this special edition of "A History of Greek Economic Thought" by Albert Augustus Trever. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.

Ancient and Medieval Economic Ideas and Concepts of Social Justice

Author : Barry Gordon,S. Todd Lowry
Publisher : BRILL
Page : 621 pages
File Size : 54,5 Mb
Release : 2023-03-20
Category : Architecture
ISBN : 9789004450318

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Ancient and Medieval Economic Ideas and Concepts of Social Justice by Barry Gordon,S. Todd Lowry Pdf

On March 17, 2015, Brill was informed that the article by Francisco Gómez Camacho S. J., "Later Scholastics: Spanish Economic Thought in the XVIth and XVIIth Centuries," in Ancient and Medieval Economic Ideas and Concepts of Social Justice, ed. S. Todd Lowry and Barry Gordon (Leiden: Brill, 1998), pp. 503-561 suffers from serious citation problems and that in some cases the original sources are never mentioned at all. It goes without saying that Brill strongly disapproves of such practices, which represent a serious breach of publication integrity. Brill condemns any violation of the authors' rights and the copyrights of the publishers, and distances itself from these practices. As a result Brill cannot stand behind the noted material as originally contained in this volume and for these reasons formally retracts the article by Francisco Gómez Camacho and also the volume. The volume will no longer be available in its current form. (Blurb: 13 scholars contribute to this survey of past discussions of the workings of economic structures and of justice in interpersonal relations, cultural institutions and the social order. They investigate the sources in each historic period from the world of the Old Testament and the ancient Greeks through to Spanish scholasticism and its offshoots in the Spanish Americas of the 18th century and relate the ideas of writers from the past to modern discussions.)

Adam Smith's Moral Philosophy

Author : Jerry Evensky
Publisher : Cambridge University Press
Page : 364 pages
File Size : 50,5 Mb
Release : 2005-10-03
Category : Business & Economics
ISBN : 9781139446778

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Adam Smith's Moral Philosophy by Jerry Evensky Pdf

Adam Smith is the best known among economists for his book, The Wealth of Nations, often viewed as the keystone of modern economic thought. For many he has become associated with a quasi-libertarian laissez-faire philosophy. Others, often heterodox economists and social philosophers, on the contrary, focus on Smith's Theory of Moral Sentiments, and explore his moral theory. There has been a long debate about the relationship or lack thereof between these, his two great works. This work treats these dimensions of Smith's work as elements in a seamless moral philosophical vision, demonstrating the integrated nature of these works and Smith's other writings. This book weaves Smith into a constructive critique of modern economic analysis (engaging along the way the work of Nobel Laureates Gary Becker, Amarty Sen, Douglass North, and James Buchanan) and builds bridges between that discourse and the other social sciences.