Happiness in philosophical ethics and utility or satisfaction in economics have much in common. The paper investigates the ethical economy of happiness as a joint topic of ethical and economic theory. It shows that limits of the calculus of utility maximization also apply to concepts of the...

Economic ethics describes the interaction of ethics and economics in explaining human action and in giving normative advice to ethically justifiable and efficient choices of action. As ethical economy, it analyses the ethical conditions of coordination in markets and the economic conditions of...