Economics is often accused of being "a-ethical"--lacking a moral
perspective--if not altogether immoral. Its detractors criticize
economic models of pure and perfect competition, and claim that
economics should be concerned with social effects and strive to be
equitable. Yet, these critics fail to understand that the
discipline has many dimensions. Economics has also developed a
group of concerns directly related to ethics. The presence of
practical ethics is evident in the economic analysis of behavior
that incorporates ethical preference, altruism, and a responsible
calculation based on norms. It is fair today that economics
differentiates ethics from purely financial matters, and the
discipline can be associated with morality in man's daily life.
Volume 14 of the distinguished Praxiology series, examine the
concept of positive ethics in economics. While normative ethics
moralizes economics, trying to render it more "just," positive
ethics is first and foremost a model for the construction of
theoretical economic reasoning: It reflects on ethical practices
within economics, and introduces a model of reasoning that takes
individual ethical behavior and its aftereffects into account. The
book is divided into three parts. In "Altruism," the contributors
discuss the notion of unselfish concern for the welfare of others,
and its place in economic practice. In "Commitment," the authors
discuss reason as being central to economic theory, as well as the
position of ethical behavior. In "Responsibility," the idea that
man is not an island unto himself, but a being involved in a set of
relationships, is examined. If a person is simultaneously
responsible for himself and others, then how far does his
responsibility extend?
Essays on Positive Ethics in Economics is thought-provoking
volume that will be of interest to economists, policymakers,
philosophers, and students of ethics and morality.
Jurme Ballet is senior lecturer in economics at the University
of Versailles and senior research fellow at the C3ED (Economics and
Ethics Center for Environment and Development). He is the editor of
the online journal Ethics and Economics and has published several
books and articles on ethics and economics.
Damien Bazin is a research fellow at the C3ED, where his
specialization is economic philosophy. He is associate editor of
Ethics and Economics.
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