The labor market is both a market and a "social institution". But what do we mean by that? In the first part of this article we analyze different interpretations of the labor market's "social" dimension, starting with the versions postulated by economists and ending with those that invoke...

This work is an entry for the second edition of Sage's Encyclopedia of Business Ethics and Society. It provides an explanation of the concepts of gross domestic product and gross national product, their economic significance and their ethical implications. Although both GDP and GNP are technical...

This is an entry for the second edition of Sage's Encyclopedia of Business Ethics and Society. It provides a brief summary of the biography of Milton Friedman, one of the 20th century's most famous and influential economists. The entry discusses his major contributions to economics and their...

The labor market is both a market and a "social institution". But what do we mean by that? In the first part of this article we analyze different interpretations of the labor market's "social" dimension, starting with the versions postulated by economists and ending with those that invoke...

Spanish Abstract: La función social de la propiedad ha ido perdiendo relieve en la ética privada, social y económica hasta convertirse en un conjunto de actuaciones del Estado orientadas a un objetivo de igualdad económica y de concordia social. Con ello, se ha desvanecido una dimensión...

The labour market is both a market and a social institution. But what do we mean by that? In the first part of this article we analyse different interpretations of the labour market's social dimension, starting with the versions postulated by economists and ending with those that invoke...

Today, values hold a prominent place both in business ethics and in organization theory. However, there persists considerable confusion about what these values are and what role they play in these theories and, therefore, how they can be developed both within the individual and within the...

There are three types of solutions to the problems deriving from companies' ethical, social and environmental responsibilities: those based on regulation by an authority or agency; those designed to create market incentives; and those that rely on self-regulation by companies themselves. In the...

The concept of the common good occupied a relevant place in classical social, political and economic philosophy. After losing ground in the Modern age, it has recently reappeared, although with different and sometimes confusing meanings. This paper is the draft of a chapter of a Handbook; it...

Traditionally, the Social Doctrine of the Church was founded on principles and virtues. Then, the Encyclical Letter Caritas in veritate introduced the "logic of gift" and the "principle of gratuitousness" as essential ingredients of economic life. In contrast, the traditional theory of the firm,...