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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...
Persistent link: https://www.econbiz.de/10012732586
Globalization extends the space of the things that are simultaneous for the human. This applies particularly to the decision-making in financial markets. The global market for capital is one of the main causes for globalization. How is this process of globalization to be judged from the point of...
Persistent link: https://www.econbiz.de/10012732590
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...
Persistent link: https://www.econbiz.de/10014054537