Moral Discourse In The History Of Economic Thought

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Moral Discourse in the History of Economic Thought

Laurent Dobuzinskis
Moral Discourse in the History of Economic Thought Book PDF

Author : Laurent Dobuzinskis
Publisher : Routledge
Page : 317 pages
File Size : 43,8 Mb
Release : 2022-06-23
Category : Business & Economics
ISBN : 9781000606461

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Moral Discourse in the History of Economic Thought by Laurent Dobuzinskis Pdf

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.

A History of Homo Economicus

William Dixon,David Wilson
A History of Homo Economicus Book PDF

Author : William Dixon,David Wilson
Publisher : Routledge
Page : 138 pages
File Size : 42,7 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136499012

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A History of Homo Economicus by William Dixon,David Wilson Pdf

A key issue in economic discourse today is the relation (or lack of it) between economic behaviour and morality. Few (presumably) would want to deny that human beings are in some sense moral or ethical creatures, but the devil is in the detail. Should we think of economic behaviour as an essentially amoral process – a process adequately characterised by a means-ends rationality – into which any number of subjective ethical concerns or orientations may be intruded to give a particular action its determinate moral content? Or is it rather the case that our moral being runs deeper than this, in the sense that all of our behaviour – ‘economic’ or otherwise – is enabled or capacitated by a competence that is fundamentally ethical in character? With new analyses of the work of Hobbes and Smith, Dixon and Wilson offer a fresh approach to the debate surrounding economics and morality with a novel discussion of the self in economic theory. This book calls for a change in the way that the relation between economic behaviour and morality is understood – from an understanding of morality as a kind of preference that informs certain types of other-regarding behaviour (the way that modern economics understands the relationship), to an idea of morality as a competence that enables or, rather, conditions the possibility of all forms of human behaviour, other-regarding or not. Offering a new insight on homo economicus, this book will be of great interest to all those interested in the history of economics and of economic thought.

Moral Discourse in the History of Economic Thought

Laurent Dobuzinskis
Moral Discourse in the History of Economic Thought Book PDF

Author : Laurent Dobuzinskis
Publisher : Taylor & Francis
Page : 323 pages
File Size : 45,9 Mb
Release : 2022-06-23
Category : Business & Economics
ISBN : 9781000606454

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Moral Discourse in the History of Economic Thought by Laurent Dobuzinskis Pdf

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.

History of Economic Rationalities

Jakob Bek-Thomsen,Christian Olaf Christiansen,Stefan Gaarsmand Jacobsen,Mikkel Thorup
History of Economic Rationalities Book PDF

Author : Jakob Bek-Thomsen,Christian Olaf Christiansen,Stefan Gaarsmand Jacobsen,Mikkel Thorup
Publisher : Springer
Page : 140 pages
File Size : 46,6 Mb
Release : 2017-03-21
Category : Philosophy
ISBN : 9783319528151

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History of Economic Rationalities by Jakob Bek-Thomsen,Christian Olaf Christiansen,Stefan Gaarsmand Jacobsen,Mikkel Thorup Pdf

This book concentrates upon how economic rationalities have been embedded into particular historical practices, cultures, and moral systems. Through multiple case-studies, situated in different historical contexts of the modern West, the book shows that the development of economic rationalities takes place in the meeting with other regimes of thought, values, and moral discourses. The book offers new and refreshing insights, ranging from the development of early economic thinking to economic aspects and concepts in the works of classical thinkers such as Thomas Hobbes, John Locke and Karl Marx, to the role of economic reasoning in contemporary policies of art and health care. With economic rationalities as the read thread, the reader is offered a unique chance of historical self-awareness and recollection of how economic rationality became the powerful ideological and moral force that it is today.

Adam Smith's Moral Philosophy

Jerry Evensky
Adam Smith s Moral Philosophy Book PDF

Author : Jerry Evensky
Publisher : Cambridge University Press
Page : 364 pages
File Size : 49,7 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.

Ethical Dimensions of the Economy

Wilfried Ver Eecke
Ethical Dimensions of the Economy Book PDF

Author : Wilfried Ver Eecke
Publisher : Springer Science & Business Media
Page : 302 pages
File Size : 50,5 Mb
Release : 2008-03-19
Category : Business & Economics
ISBN : 9783540771111

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Ethical Dimensions of the Economy by Wilfried Ver Eecke Pdf

Overview This book is a philosophical reflection (using mainly Hegel, in addition to 1 Adam Smith, Kant, Marx and Catholic Social Thought) about the soc- political dimension of economics. In it I both agree and disagree with the slogan that “the least government is the best government. ” I agree with the slogan, in particular as it applies to the economic domain. Adam Smith taught us that rational and self-interested individuals, left by themselves, create a more efficient and reliable economic system than one in which the government has a heavy role as was the case in his time with the merc- tile system (Smith, 14, 651). Ludwig von Mises demonstrated the same idea for the communist command economy (Hayek 1935, 87–130). I d- agree with the above mentioned slogan if it is interpreted as suggesting that we can best forget about the role of the government for a good functioning economy. Instead, I will argue that the government has an important fu- tion in creating the proper regulations and the wise institutional arran- ments which will allow the economy to flourish in a more efficient, fair and humane way. This book is interdisciplinary in nature. It is a philosophical and ethical reflection on economics. Hence, I make use of philosophical ideas, often but not exclusively those of Hegel. I reflect philosophically on economic concepts.

The Moral Rhetoric of Political Economy

Paul Turpin
The Moral Rhetoric of Political Economy Book PDF

Author : Paul Turpin
Publisher : Routledge
Page : 224 pages
File Size : 52,6 Mb
Release : 2011-03-17
Category : Business & Economics
ISBN : 9781136835100

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The Moral Rhetoric of Political Economy by Paul Turpin Pdf

Two of the most important economics treatise are Adam Smith's Theory of Moral Sentiments and Wealth of Nations and Milton Friedman's Capitalism and Freedom. In this book, Paul Turpin provides a rhetorical analysis of these texts arguing that both Smith and Friedman use argumentative and narrative depictions of character to reinforce a sense of societal decorum as a stabilizing foundation for their theories of liberal political economy. The comparison of Smith and Friedman by itself is a major contribution to the development of the history of economic thought. It adds a new, historical, depth to the heterodox analyses and critiques of twentieth century economics by writers such as Giocoli and Mirowski. The issue of the social constitution of identity, which is at the core of this book, is a hot topic in economic methodology and as such this book by a promising young historian of economic thought will be roundly applauded.

The Classical Tradition in Economic Thought

Ingrid Hahne Rima
The Classical Tradition in Economic Thought Book PDF

Author : Ingrid Hahne Rima
Publisher : Edward Elgar Publishing
Page : 144 pages
File Size : 48,5 Mb
Release : 1995
Category : Classical mschool of economics
ISBN : 1858981417

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The Classical Tradition in Economic Thought by Ingrid Hahne Rima Pdf

Beginning with a re-evaluation of mercantilism, this volume continues with papers on stoicism in the work of Adam Smith, Smith's use of the word natural, a game-theoretical evaluation of the Theory of Moral Sentiments and Wealth of Nations, a textual reinterpretation of Smith's wage theories and the important role of institutions in J.S. Mill's economic analysis. The papers in this collection cover both Smithian classicism and the Ricardo-Marx-Sraffa classicism which is represented here by four papers on the work of Krishna Bharadwaj, a contemporary interpreter of this variant of the classical tradition.

Virtue and Economy

Andrius Bielskis,Kelvin Knight
Virtue and Economy Book PDF

Author : Andrius Bielskis,Kelvin Knight
Publisher : Routledge
Page : 254 pages
File Size : 52,5 Mb
Release : 2016-03-09
Category : Political Science
ISBN : 9781317001508

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Virtue and Economy by Andrius Bielskis,Kelvin Knight Pdf

Interest in Aristotelianism and in virtue ethics has been growing for half a century but as yet the strengths of the study of Aristotelian ethics in politics have not been matched in economics. This ground-breaking text fills that gap. Challenging the premises of neoclassical economic theory, the contributors take issue with neoclassicism’s foundational separation of values from facts, with its treatment of preferences as given, and with its consequent refusal to reason about final ends. The contrary presupposition of this collection is that ethical reasoning about human ends is essential for any sustainable economy, and that reasoning about economic goods should therefore be informed by reasoning about what is humanly and commonly good. Contributions critically engage with aspects of corporate capitalism, managerial power and neoliberal economic policy, and reflect on the recent financial crisis from the point of view of Aristotelian virtue ethics. Containing a new chapter by Alasdair MacIntyre, and deploying his arguments and conceptual scheme throughout, the book critically analyses the theoretical presuppositions and institutional reality of modern capitalism.

Adam Smith's Discourse

Vivienne Brown
Adam Smith s Discourse Book PDF

Author : Vivienne Brown
Publisher : Routledge
Page : 235 pages
File Size : 41,5 Mb
Release : 2002-09-11
Category : Business & Economics
ISBN : 9781134865451

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Adam Smith's Discourse by Vivienne Brown Pdf

Adam Smith's name has become synonymous with free market economics; The Wealth of Nations is taken as the definitive account of the benefits of free competitive markets. Yet recent scholarship has challenged this view and given us a richer, more nuanced figure, steeped in the intricacies of enlightenment social and political philosophy. Adam Smith's Discourse both develops this literature and gives it a radical new extension by taking into account recent debates in literary theory.

Reckoning with Markets

James Halteman,Edd S. Noell
Reckoning with Markets Book PDF

Author : James Halteman,Edd S. Noell
Publisher : Oxford University Press
Page : 267 pages
File Size : 47,7 Mb
Release : 2012-02-02
Category : Business & Economics
ISBN : 9780199924264

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

Undergraduate economics students begin and end their study of economics with the simple claim that economics is value free. Only in a policy role will values and beliefs enter into economic work; there can be little meaningful dialogue by economists about such personal views and opinions. This view, now well over 200 years old, has been challenged by heterodox thinkers in economics, and philosophers and social scientists outside the discipline all along the way. However, much of the debate in modern times has been narrowly focused on philosophical methodological issues on one hand or theological/sectarian concerns on the other. None of this filters down to the typical undergraduate even in advanced courses on the history of economic thought. 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 appraise the reader with relevant developments over the last half-century which offer promise of re-integrating moral reflection in economic research. With the advent of interdependency concepts and game theory, behavioral economics and the infusion of other social sciences, especially psychology, into economic considerations, the door is once again open to moral reflection. It is a sensitive subject that can be divisive for many and there is little if any assessable literature on the topic at the undergraduate level. One way to approach the subject is to follow the path of the great thinkers of the past and observe how they worked through economic issues from a set of values that was foundational to their thinking. This places moral thinking in a context illuminating the complexity and importance of moral reflection and illustrating its impact on the culture of the times. Reckoning with Markets follows this method with a deliberate effort to cast the material in terms that will engage the undergraduate student. A number of vignettes which apply the perspectives of key figures in the history of economic thought to modern values and policy questions are provided.

Words, Objects and Events in Economics

Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price
Words Objects and Events in Economics Book PDF

Author : Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price
Publisher : Springer Nature
Page : 236 pages
File Size : 48,8 Mb
Release : 2020-09-03
Category : Philosophy
ISBN : 9783030526733

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Words, Objects and Events in Economics by Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price Pdf

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 Invisible Hand of the Market: The Theory of Moral Sentiments + The Wealth of Nations

Adam Smith
The Invisible Hand of the Market The Theory of Moral Sentiments The Wealth of Nations Book PDF

Author : Adam Smith
Publisher : DigiCat
Page : 1599 pages
File Size : 47,6 Mb
Release : 2024-01-01
Category : Philosophy
ISBN : EAN:8596547771005

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The Invisible Hand of the Market: The Theory of Moral Sentiments + The Wealth of Nations by Adam Smith Pdf

This carefully crafted ebook: "The Invisible Hand of the Market: The Theory of Moral Sentiments + The Wealth of Nations (2 Pioneering Studies of Capitalism)" is formatted for your eReader with a functional and detailed table of contents. The invisible hand of the market is a metaphor conceived by Adam Smith to describe the self-regulating behavior of the marketplace. The exact phrase is used just three times in Smith's writings, but has come to capture his important claim that individuals' efforts to maximize their own gains in a free market benefits society, even if the ambitious have no benevolent intentions. Smith came up with the two meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate. He first introduced the concept in The Theory of Moral Sentiments, written in 1759. In this work, however, the idea of the market is not discussed, and the word "capitalism" is never used. By the time he wrote The Wealth of Nations in 1776, Smith had studied the economic models of the French Physiocrats for many years, and in this work the invisible hand is more directly linked to the concept of the market: specifically that it is competition between buyers and sellers that channels the profit motive of individuals on both sides of the transaction such that improved products are produced and at lower costs.

The Canon in the History of Economics

Michalis Psalidopoulos
The Canon in the History of Economics Book PDF

Author : Michalis Psalidopoulos
Publisher : Routledge
Page : 271 pages
File Size : 42,7 Mb
Release : 2000-03-09
Category : Business & Economics
ISBN : 9781134653492

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The Canon in the History of Economics by Michalis Psalidopoulos Pdf

This book represents the first critical attempt to incorporate the question of the canon in the history of economics into contemporary scholarly debate. It discusses how the canon is formed, perpetuated, interpreted and re-interpreted.

Economic Thought and Discourse in the 20th Century

Warren J. Samuels,Jeff Biddle,Thomas W. Patchak-Schuster
Economic Thought and Discourse in the 20th Century Book PDF

Author : Warren J. Samuels,Jeff Biddle,Thomas W. Patchak-Schuster
Publisher : Edward Elgar Publishing
Page : 312 pages
File Size : 52,7 Mb
Release : 1993
Category : Business & Economics
ISBN : UCAL:B4373117

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Economic Thought and Discourse in the 20th Century by Warren J. Samuels,Jeff Biddle,Thomas W. Patchak-Schuster Pdf

This work on the history of economics deals with three major figures - Hicks, Verblen and Marshall. It describes Hicks' theoretical stance on the functions of the history of economic thought; Veblen's work on war and peace; and the discursive structure of Marshall's work, "Economics".