Description
Book SynopsisDrawing on the knowledge of highly experienced academics, this authoritative Handbook explains how ethics can inform the teaching of economics. It includes state-of-the-art moral theory alongside traditional approaches to emphasise why ethics should be an important consideration for economic practitioners.
The Handbook of Teaching Ethics to Economists keenly demonstrates how economic analysis can reflect implicit moral judgements. Chapters include guidance on course design and lesson content, providing insight into important topics such as ecological and grassroots economics. They offer pedagogical advice alongside philosophical analyses, setting out teaching guidance and significant case-study profiles on key theories, such as Kantian and Aristotelian ethics. Importantly, they reflect on the potential of economics to cause harm and use ethics to mitigate this possibility.
This expansive Handbook will be essential for academics preparing to teach courses relating to ethics and economics. Due to its detailed explanations of the societal role of economics, students of economics and finance will additionally find this Handbook to be incredibly useful.
Trade Review‘Economists see “two roads”: the road taken, and the opportunity cost of the road not taken. In positivist-utilitarian economics, that is, the classrooms of most colleges and universities worldwide, these same “roads,” both heuristic and real, articulate economic decision-making and outcomes without any reference to ethics or ethical conflict. Negru, Duckworth and Meyenburg offer a much-needed corrective, a Handbook of Teaching Ethics to Economists
, which will help to correct this sorry state of affairs.’ -- Stephen T. Ziliak, Professor of Economics and Social Justice Studies, Roosevelt University, US
‘This important book balances criticisms of mainstream economics and its unrealistic dichotomy of positive and normative economics with alternative ethics perspectives. It can be seen as a response to the global Rethinking Economics student movement with its demand for real-world economy teaching and pluralist perspectives in the classroom.’ -- Irene van Staveren, Erasmus University Rotterdam, the Netherlands
Table of ContentsContents: 1 Introduction to the Handbook of Teaching Ethics to Economists 1 Ioana Negru, Craig Duckworth and Imko Meyenburg 2 The fate of moral philosophy in the age of economic scientism 13 Peter J. Boettke 3 Teaching economic harm to economists, in three diagrams 34 George DeMartino 4 Is it ethical to teach economics without ecological economics in the context of a climate emergency? 48 Jamie Morgan 5 Accounting as applied ethics 68 Wilfred Dolfsma 6 Aristotle, Marx, and the ethical implications of the systemic critique of capitalism 78 Dennis Badeen 7 Is it ethical to teach pluralist economics curricula, particularly in the Global South? 90 Michelle Meixieira Groenewald 8 Articulating the social role of the economist: a synthesis of Alfred North Whitehead’s philosophy of education and John Maynard Keynes’s economics 113 Dennis Badeen 9 Teaching ethics in a decision-making module: a guide for lecturers 129 Malcolm Brady and Marta Rocchi 10 Ethics and grassroots economics: a quest for collective meaning 145 Ferda Dšnmez-Atbaşõ and Irene Sotiropoulou 11 Theoretical and ethical reductionism and the neglect of subjectivity in economics and economic education 163 Giancarlo Ianulardo and Aldo Stella 12 On the analytical relationship between ethics and economics: some implications for teaching ethics to economists 188 Félix-Fernando Muñoz and María-Isabel Encinar 13 Racism, the economy, and ethics: where does it all begin? 208 Paolo Ramazzotti 14 Keeping alive non-individualistic ethics in political economy: a review of concepts from Aquinas to Habermas 226 Stefano Solari 15 Teaching ethics to economics students in one lesson 244 Huei-chun Su and David Colander 16 The kidney market debate: a retrospective on Becker and Elías 259 Jonathan B. Wight 17 A Kantian perspective on teaching ethics to economists 278 Mark D. White 18 Teaching economics and ethics 293 John B. Davis Index
