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ethical considerations and the precepts of moral philosophy affect the theory and application of economics. In its pursuit for …The purpose of this essay is to review the state of economics as a discipline in light of how and to what extent … purely ‘objective’ analyses and, thereby, attain the status of a science, modern neo-classical economics is constrained by …
Persistent link: https://www.econbiz.de/10013240474
This paper investigates whether elite interconnections contribute to unethical behavior. It aims to present a clear explanation of how these connections are established, analyze the presence of unethical conduct within them, and assess their impact on the economy and societal welfare. This paper...
Persistent link: https://www.econbiz.de/10014450696
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 …
Persistent link: https://www.econbiz.de/10012913532
structure of Buchanan's criticism, the paper turns to examine what Knight did with his views on ethics, economics, and social …James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the … favor of in Risk, Uncertainty and Profit (1921), and instead seek an economics that provided general insights from an ideal …
Persistent link: https://www.econbiz.de/10012889227
For much economics research, ethics committee approval is not required. This is seen by some as indicating that there … are no ethical issues in economics research. However, ethical research requires more than simply meeting regulatory … requirements. If economics research has an impact on perceptions and resulting decisions, then there may be concerns about the …
Persistent link: https://www.econbiz.de/10013108408
„Folk economics“ is the economic ‘theory’ of common sense, and analogously „folk ethics“ is the moral ‘theory’ of …„Folk Economics“ ist die Wirtschafts-‚Theorie‘ und analog ist „Folk Ethics“ die Moral-"Theorie" des gesundes … positive and normative disorientation should be made an object of research in business ethics in order to scientifically work …
Persistent link: https://www.econbiz.de/10014365755
constraints. These ethical constraints are implicit in the neoclassical economics models, but are rarely emphasized by the … economics discipline in standard texts. Avoidance of this issue has contributed to many misunderstandings including the role …
Persistent link: https://www.econbiz.de/10014090510
It is the nature of powerful ideas that they can summarize a ground-breaking concept in a plain and simple message. In this sense, the concept of sustainability is a very powerful idea. However, although the sustainability debate has already brought about considerable conceptual progress, a...
Persistent link: https://www.econbiz.de/10014050097
. This article demonstrates how the coalescence of the two frameworks, the cultivation of fairness with law and economics … matter mainstream economic analysis has failed to resolve, I employ feminist legal theory as the deontological construct to … feminist legal theory and law and economic analysis is particularly significant because, historically, supporters in each camp …
Persistent link: https://www.econbiz.de/10014203907
Discussing fundamental issues on the ethical foundation of public economic policy, this paper arrives at conclusions that will surprise most economists. While reviewing relevant contributions, it argues for happiness as the ultimate objective, in contrast to economists' preference for...
Persistent link: https://www.econbiz.de/10014213478