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How can we integrate the role of values and ethics in economic analysis of climate change without sacrificing the positive aspirations of that science? Given the urgency of the measures required by climate change, economic analysis has never been as important as it is today. And given the...
Persistent link: https://www.econbiz.de/10014179874
Writings on the topic of Buddhism and economics seem to be characterized by two very different attitudes towards economic life. The first, drawing from historical Buddhist teachings in primarily pre-industrial contexts, takes a largely positive view of commerce. The second, in which a modern...
Persistent link: https://www.econbiz.de/10014194479
It is common to think of care ethics and justice ethics as being opposed to each other, and also to think of economic life as being opposed to social life. As a result, it may be hard to see how care ethics, seen as interpersonal, could be applicable to business, when the latter is perceived as...
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Many public debates about climate change now focus on the economic "costs" of taking action. When called on to advise about these, many leading mainstream economists downplay the need for care and caution on climate issues, forecasting a future with infinitely continued economic growth. This...
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Does Rational Choice Theory (RCT) have something important to contribute to the humanities? Jon Elster and others answer affirmatively, arguing that RCT is a powerful tool that will lend clarity and rigor to work in the humanities just as it (presumably) has in economics. This essay examines the...
Persistent link: https://www.econbiz.de/10014059049
While a substantial literature in economics and finance has concluded that women are more risk averse than men, this conclusion merits reconsideration. Drawing on literatures in statistics and cognitive science, this essay discusses the important difference between drawing conclusions based on...
Persistent link: https://www.econbiz.de/10013065298
Climate change is changing not only our physical world, but also our intellectual, social, and moral worlds. We are realizing that our situation is profoundly unsafe, interdependent, and uncertain. What, then, does climate change demand of us, as human beings and as economists? A discipline of...
Persistent link: https://www.econbiz.de/10013067887