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A History of Homo Economicus - The Nature of the Moral in Economic Theory (Hardcover)
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A History of Homo Economicus - The Nature of the Moral in Economic Theory (Hardcover)
Series: Routledge Studies in the History of Economics
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A key issue in economic discourse today is the relation (or lack of
it) between economic behaviour and morality. Few (presumably) would
want to deny that human beings are in some sense moral or ethical
creatures, but the devil is in the detail. Should we think of
economic behaviour as an essentially amoral process - a process
adequately characterised by a means-ends rationality - into which
any number of subjective ethical concerns or orientations may be
intruded to give a particular action its determinate moral content?
Or is it rather the case that our moral being runs deeper than
this, in the sense that all of our behaviour - 'economic' or
otherwise - is enabled or capacitated by a competence that is
fundamentally ethical in character? With new analyses of the work
of Hobbes and Smith, Dixon and Wilson offer a fresh approach to the
debate surrounding economics and morality with a novel discussion
of the self in economic theory. This book calls for a change in the
way that the relation between economic behaviour and morality is
understood - from an understanding of morality as a kind of
preference that informs certain types of other-regarding behaviour
(the way that modern economics understands the relationship), to an
idea of morality as a competence that enables or, rather,
conditions the possibility of all forms of human behaviour,
other-regarding or not. Offering a new insight on homo economicus,
this book will be of great interest to all those interested in the
history of economics and of economic thought.
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