Description

This distinguished book provides a critical assessment of the relationship between economic theory, scientific objectivity and ethics.

The main purpose of economic science is to analyse and 'explain' the economic process but not necessarily to pass judgement as to whether this process is 'good' or 'bad'. However, in practice it is very difficult for the economist to study the 'laws' of economics without ever touching ethical questions. It is shown that economic theories - despite avowals of scientific objectivity - contain implicitly or explicitly many aspects which have ethical implications.

Making extensive use of real-life examples and offering a new perspective on the ethical dimensions of economic analysis, this book will prove essential reading for economists and philosophers alike.

ETHICS AND ECONOMIC THEORY: Ideas – Models – Dilemmas

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Hardback by Kurt W. Rothschild

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This distinguished book provides a critical assessment of the relationship between economic theory, scientific objectivity and ethics.The main purpose of... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1993
    ISBN13: 9781852786755, 978-1852786755
    ISBN10: 1852786752

    Number of Pages: 176

    Non Fiction , Business, Finance & Law

    Description

    This distinguished book provides a critical assessment of the relationship between economic theory, scientific objectivity and ethics.

    The main purpose of economic science is to analyse and 'explain' the economic process but not necessarily to pass judgement as to whether this process is 'good' or 'bad'. However, in practice it is very difficult for the economist to study the 'laws' of economics without ever touching ethical questions. It is shown that economic theories - despite avowals of scientific objectivity - contain implicitly or explicitly many aspects which have ethical implications.

    Making extensive use of real-life examples and offering a new perspective on the ethical dimensions of economic analysis, this book will prove essential reading for economists and philosophers alike.

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