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The Ethical Formation of Economists

The Ethical Formation of Economists
Author: Wilfred Dolfsma
Publisher: Routledge
Total Pages: 190
Release: 2019-06-07
Genre: Business & Economics
ISBN: 135104379X

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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.


Teaching the Ethical Foundations of Economics

Teaching the Ethical Foundations of Economics
Author: Jonathan B. Wight
Publisher: Council for Economic Educat
Total Pages: 210
Release: 2007-03
Genre: Business & Economics
ISBN: 9781561836482

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Contains 10 lessons that reintroduce an ethical dimension to economics. Students will learn about the important role ethics and character play in a market economy and how, in turn, markets influence ethical behavior.


Principles of Ethical Economy

Principles of Ethical Economy
Author: P. Koslowski
Publisher: Springer Science & Business Media
Total Pages: 298
Release: 2012-12-06
Genre: Philosophy
ISBN: 9401009562

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John Maynard Keynes wrote to his grandchildren more than fifty years ago about their economic possibilities, and thus about our own: "I see us free, there fore, to return to some of the most sure and certain principles of religion and traditional virtue - that avarice is a vice, that the exaction of usury is a misde meanour. . . . We shall once more value ends above means and prefer the good to the useful" ("Economic Possibilities for Our Grandchildren," pp. 371-72). In the year 1930 Keynes regarded these prospects as realizable only after a time span ofone hundred years, ofwhich we have now achieved more than half. The pres ent book does not share Keynes's view that the possibility of an integration of ethics and economics is dependent exclusively on the state of economic devel opment, though this integration is certainly made easier by an advantageous total economic situation. The conditions of an economy that is becoming post of ethics, cultural industrial and post-modern are favorable for the unification theory, and economics. Economic development makes a new establishment of economic ethics and a theory ofethical economy necessary. Herdecke and Hanover, October 1987 P. K. TABLE OF CONTENTS Foreword v Introduction . 0. 1. Ethical Economy and Political Economy . . 0. 1. 1. Ethical Economy as Theory ofthe Ethical Presuppositions of the Economy and Economic Ethics 3 0. 1. 2.


The Oxford Handbook of Professional Economic Ethics

The Oxford Handbook of Professional Economic Ethics
Author: George F. DeMartino
Publisher: Oxford University Press
Total Pages: 801
Release: 2016-01-04
Genre: Business & Economics
ISBN: 0190269979

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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 Economist's Oath

The Economist's Oath
Author: George F. DeMartino
Publisher: Oxford University Press
Total Pages: 273
Release: 2011-01-26
Genre: Business & Economics
ISBN: 0199813736

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Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work. The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist." The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.


Economics and Ethics

Economics and Ethics
Author: Douglas Vickers
Publisher: Bloomsbury Publishing USA
Total Pages: 185
Release: 1997-07-16
Genre: Political Science
ISBN: 0313019185

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Noted economist Douglas Vickers reexamines the relationship between economics and moral philosophy. That relationship, once very strong, is again the subject of increasing attention and discussion both within and beyond the academy. Vickers reestablishes the substantial bridges between ethical philosophy and economics. He addresses three main issues: first, the historical means by which economics has consciously surrendered its original association with ethical categories and criteria; second, the need to articulate the appropriate thoughtforms and vocabulary of ethical theory; and third, the illustration of areas in economics where ethical awareness is desirable and should be allowed to exert influence. This work is a major analysis which will be of considerable interest to economists, the business community, government regulators, and all concerned with economic decisionmaking in modern society.


The Economics of Ethics and the Ethics of Economics

The Economics of Ethics and the Ethics of Economics
Author: Geoffrey Brennan
Publisher: Edward Elgar Pub
Total Pages: 216
Release: 2009
Genre: Business & Economics
ISBN: 9781848446540

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'Do market prices reflect values? What is the relation between social norms and economic incentives? Do economic agents respond to ethical arguments? By probing the boundaries between positive and normative theorizing and by bridging ethics, economics, and political science, this book is able to address a fascinating set of questions. I strongly recommend this book to anyone interested in normative issues in public policy - to academics and practitioners alike.' - Fabienne Peter, University of Warwick, UK


The Ethics of Economic Responsibility

The Ethics of Economic Responsibility
Author: Ralf Lüfter
Publisher: Routledge
Total Pages: 62
Release: 2020-12-10
Genre: Business & Economics
ISBN: 1000295389

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The Ethics of Economic Responsibility raises fundamental ethical questions related to the conceptualization of economic responsibility, that is: the imperative to fulfil certain economic obligations. It builds on a basic characterization of the question of ethics in order to introduce responsibility as a constitutive element for a new determination of economic knowledge. Drawing on the metaphysical tradition of philosophy, the book explores the distinction between "operability-based-responsibility" and "end-in-itself-based responsibility" and also considers what is tentatively called "being-related responsibility". By presenting these arguments about the notion of economic responsibility, the book contributes to the growing calls for ethical questions to not be merely complementary to the ongoing discourse of economic sciences, but rather to sit at its core, in such a way as to restore the intrinsic ethical dimension of economics itself. The book marks a significant contribution to the literature on the philosophy of economics, applied ethics more broadly, and the critical discourse concerning mainstream economics.


Ethics and Economic Affairs

Ethics and Economic Affairs
Author: Alan Lewis
Publisher: Routledge
Total Pages: 510
Release: 2002-01-08
Genre: Business & Economics
ISBN: 1134869711

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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 Impact of the Market

The Impact of the Market
Author: Jürgen von Hagen
Publisher: Evangelische Verlagsanstalt
Total Pages: 302
Release: 2020-09-01
Genre: Religion
ISBN: 3374064078

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Late modern pluralistic societies are characterized by an infinitely multi-coloured individuality of their citizens and a wealth of associations and groups. This "plurality", which is difficult to grasp, is welcomed by many people as a source of freedom, but feared by others inside and by many observers outside as social chaos. However, this plurality is countered by a limited number of so-called "social systems", which are to a large extent characterized by organizational, institutional and normative structures and weight. In the theoretical, empirical, and historical contributions to this volume, theologians, economists and market practitioners discuss the many tensions between market economics, ethics and the Christian religion, thus adding to the fruitful and much needed dialogue between economics and theology. With Contributions by Jason Brennan, Michael J. Broyde, Ginny Seung Choi, Samuel Gregg, Peter Lampe, Manfred Lautenschläger, Frank J. Lechner, Klaus Leisinger, Katrin Gülden Le Maire, Piet Naudé, Paul Oslington, Stephen Pickard, William Schweiker, Virgil Henry Storr, Brent A. Strawn, Jürgen von Hagen, Michael Welker, Kaja Wieczorek, and John Witte. [Der Einfluss des Marktes auf Charakterbildung, ethische Erziehung und Kommunikation von Werten in spätmodernen pluralistischen Gesellschaften] Spätmoderne pluralistische Gesellschaften sind von einer unendlich vielfarbigen Individualität ihrer Bürger und einer Fülle von Zusammenschlüssen und Gruppierungen geprägt. Diese schwer zu fassende "Pluralität" wird von vielen Menschen als Quellgrund der Freiheit begrüßt, von manchen Innenstehenden und vielen Außenstehenden aber auch als soziales Chaos gefürchtet. Doch dieser Pluralität steht eine begrenzte Zahl von sogenannten "sozialen Systemen" gegenüber, die in hohem Maße organisatorisch, institutionell und normativ geprägt sind. In den theoretischen, empirischen und historischen Beiträgen dieses Bandes setzen sich Theologen, Wirtschaftswissenschaftler und Praktiker aus dem kaufmännischen Bereich mit dem Spannungsfeld zwischen Marktwirtschaft, Ethik und Theologie auseinander und tragen so zu dem dringend notwendigen Dialog zwischen Wirtschaft und Religion bei.