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maximization framework of neoclassical economics, Buchanan adopted a catallactic perspective. Ethically, Knight argued that all …-in-hand among economists with methodological individualism. And philosophically, Knight's theory of democratic politics was centered …
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In Adam Smith’s Wealth of Nations, prescriptive and descriptive analysis are intertwined. While incentives analysis is strictly descriptive, the motivation of the analysis is prescriptive as are the motivations for its prescriptions.For Smith, wealth tends to promote justice; it also tends to be...
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This book makes a rational and eloquent case for the closer integration of ethics and economics. It expands upon themes …Introduction: Ethics vs Economics: In Praise of the 'Disciplined' Life? / Geoffrey Brennan and Giuseppe Eusepi -- 1 … Moral Foundation and Social Role of Critical Rationalism / Stefano Gorini -- 4. Conceptual Confusions, Ethics and Economics …
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Public choice theory was initiated by economists and political scientists in the late-1950s and early 1960s and is …
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