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A number of recent discussions about ethical issues in climate change, as engaged in by economists, have focused on the value of the parameter representing the rate of time preference within models of optimal growth. This essay examines many economists' antipathy to serious discussion of ethical...
Persistent link: https://www.econbiz.de/10012773258
Does Rational Choice Theory (RCT) have something important to contribute to the humanities? Jon Elster and others …
Persistent link: https://www.econbiz.de/10014059049
Persistent link: https://www.econbiz.de/10003981509
Alasdair MacIntyre argues that the Enlightenment ideology, which includes Adam Smith's moral theory, lacks any sense of … part of Smith's moral framework, which does have touches of an Aristotelian-based virtue ethics that seeks the perfection … of people. From this assertion, the question arises whether a Smithian based moral theory is a sufficient foundation on …
Persistent link: https://www.econbiz.de/10012779861
Classical virtue theory has received limited attention in economics. The paper demonstrates its fruitfulness for … interpreted as a theory of moral psychology, and applied to economic theory, with comparisons against other behavioral models in …
Persistent link: https://www.econbiz.de/10012906943
Welfare economics—the normative branch of economics—is a consequentialist moral theory. Unlike deontological morality ….This contribution to the forthcoming Oxford Handbook of Ethics and Economics critically examines several methods of incorporating …
Persistent link: https://www.econbiz.de/10012943673
ethical considerations and the precepts of moral philosophy affect the theory and application of economics. In its pursuit for …
Persistent link: https://www.econbiz.de/10013240474
Drawing on an ordonomic approach to business ethics, this article wants to contribute to an interdisciplinary dialogue …
Persistent link: https://www.econbiz.de/10011758135
Mises. It reconstructs his approach against socialism, his works on liberalism, and finally his contribution to moral theory. …
Persistent link: https://www.econbiz.de/10011786659
In this paper I examine a number of economic arguments for the legal regulation of morality. Firstly, I present the harm principle as it was famously defined by John Stuart Mill, not only as a principle for a liberal objective criminal law but as a guiding principle for political liberalism. I...
Persistent link: https://www.econbiz.de/10014125898