Contents: 1. Introduction: rethinking ethics, economic theory, and public policy -- 2. The evolution of ethics and the market economy -- 3. Understanding why ethical production and ethical investment can flourish in a global economy -- 4. Ethical choices in the economic world -- 5. Free will in...

Contrary to some of the leading critiques of neoclassical theory, I argue that this theoretical framework can incorporate the moral dimension into the modeling of economic agents when the consequences of their choices are not answerable to market forces. Neoclassical theory, broadly defined,...

A revised model of the preference function is presented incorporating utility maximizing acts of material self-sacrifice. This model incorporates neoclassical and behavioral arguments, allowing for the stylized fact that economic agents are motivated by both material and non-material incentives....