Search results for: value-in-ethics-and-economics

Value Economics

Author : M. R. Griffiths
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The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis?

Economics as Applied Ethics

Author : Wilfred Beckerman
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This important textbook has been revised and updated to continue its focus on the link between ethics and economic policy analysis, whilst ensuring that perspectives addressing the moral limits of the market, latest behavioural economics literature, and the changes in inequality over the years are included. Basic philosophical concepts are systematically described, followed by conventional welfare economic theory and policy, and applications to some topical economic problems such as income distribution and sustainable development.

The Ethical Foundations of Economics

Author : John J. Piderit, SJ
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Piderit explores the failures of mainstream economics and proposes an alternative grounded in natural law. His assessment is grounded in the Christian higher law tradition which assumes that objective standards known to human reason should govern society and individuals. This book demonstrates both the reasonableness of a distinguished ethical tradition and its capacity to address a wide range of ethical issues, economic as well as personal and social. Piderit emphasizes that natural law theory underlies the U.S. Constitution and informs Catholic, Protestant, and Jewish worship today.

Buying Freedom

Author : Laurance S Rockefeller University Professor of Philosophy and the University Center for Human Values Kwame Anthony Appiah
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In this examination of the practical and ethical implications of slave redemption the authors deal with questions such as: Does redeeming slaves actually increase the demand for -and so the number of- slaves? And what about cases where it is far from clear that redemption will improve the material condition or increase the real freedom, of a slave?

Ethical Consumption

Author : James G. Carrier
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Increasingly, consumers in North America and Europe see their purchasing as a way to express to the commercial world their concerns about trade justice, the environment and similar issues. This ethical consumption has attracted growing attention in the press and among academics. Extending beyond the growing body of scholarly work on the topic in several ways, this volume focuses primarily on consumers rather than producers and commodity chains. It presents cases from a variety of European countries and is concerned with a wide range of objects and types of ethical consumption, not simply the usual tropical foodstuffs, trade justice and the system of fair trade. Contributors situate ethical consumption within different contexts, from common Western assumptions about economy and society, to the operation of ethical-consumption commerce, to the ways that people's ethical consumption can affect and be affected by their social situation. By locating consumers and their practices in the social and economic contexts in which they exist and that their ethical consumption affects, this volume presents a compelling interrogation of the rhetoric and assumptions of ethical consumption.

Beyond Na vet

Author : Rohnn B. Sanderson
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This book discusses theories in economics and ethics to help the reader understand all points of view regarding the crossroads between economic systems and individual and social values. Easily accessible to non-specialists, the book also provides numerous insights for specialists in economics, philosophical ethics, or both.

The Morality of Economic Behaviour

Author : Vangelis Chiotis
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The links between self-interest and morality have been examined in moral philosophy since Plato. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith. Examining moral philosophy through the framework provided by economics offers new insights into both disciplines and the discussion on the origins and nature of morality. The Morality of Economic Behaviour: Economics as Ethics argues that moral behaviour does not need to be exogenously encouraged or enforced because morality is a side effect of interactions between self-interested agents. The argument relies on two important parameters: behaviour in a social environment and the effects of intertemporal choice on rational behaviour. Considering social structures and repeated interactions on rational maximisation allows an argument for the morality of economic behaviour. Amoral agents interacting within society can reach moral outcomes. Thus, economics becomes a synthesis of moral and rational choice theory bypassing the problems of ethics in economic behaviour whilst promoting moral behaviour and ethical outcomes. This approach sheds new light on practical issues such as economic policy, business ethics and social responsibility. This book is of interest primarily to students of politics, economics and philosophy but will also appeal to anyone who is interested in morality and ethics, and their relationship with self-interest.

Deep Socialism

Author : Peter Wilberg
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A society in which essential truth can be the marketing slogan of a shampoo and real feeling is identified with real chocolate is a society in deep ethical crisis, substituting hollow symbolic brand values for deep human values. already sold its soul - and wants nothing more than to trade yours for its commodities. up by a culture of marketing in which all deep human values themselves have been turned into commodities. critique, not only of the capitalist market economy but of the cynical and ethically corrupting culture of capitalist consumer marketing. showing how the modern corporation, far from valuing people, actually devalues the real individual qualities of its employees - whilst at the same time relying on them as a source of surplus value and profit.

Economics as a Moral Science

Author : Peter Rona
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The book is reclaiming economics as a moral science. It argues that ethics is a relevant and inseparable aspect of all levels of economic activity, from individual and organizational to societal and global. Taking ethical considerations into account is needed in explaining and predicting the behavior of economic agents as well as in evaluating and designing economic policies and mechanisms. The unique feature of the book is that it not only analyzes ethics and economics on an abstract level, but puts behavioral, institutional and systemic issues together for a robust and human view of economic functioning. It sees economic “facts” as interwoven with human intentionality and ethical content, a domain where utility calculations and moral considerations co-determine the behavior of economic agents and the outcomes of their activities. The book employs the personalist approach that sees human persons – endowed with free will and conscience – as the basic agents of economic life and defines human flourishing as the final end of economic activities. The book demonstrates that economics can gain a lot in meaning and also in analytical power by reuniting itself with ethics.

Economics Ethics and Public Policy

Author : Charles K. Wilber
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Ethics, argue the contributors to this book, play an important role in economics. Economists have ethical values that help shape the way they do economics; economic actors have ethical values that help shape their behavior; and economic institutions and policies impact people differently, so that different ethical evaluations must supplement economic evaluations. In Economics, Ethics, and Public Policy, a host of distinguished philosophers and economists investigate the interaction between ethics and economics, both in economic theory and economic policy. This is a very important book for students and scholars of economics, philosophy, public policy, and those concerned with the way these fields interrelate.

Principles of Ethical Economy

Author : P. Koslowski
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John Maynard Keynes wrote to his grandchildren more than fifty years ago about their economic possibilities, and thus about our own: "I see us free, there fore, to return to some of the most sure and certain principles of religion and traditional virtue - that avarice is a vice, that the exaction of usury is a misde meanour. . . . We shall once more value ends above means and prefer the good to the useful" ("Economic Possibilities for Our Grandchildren," pp. 371-72). In the year 1930 Keynes regarded these prospects as realizable only after a time span ofone hundred years, ofwhich we have now achieved more than half. The pres ent book does not share Keynes's view that the possibility of an integration of ethics and economics is dependent exclusively on the state of economic devel opment, though this integration is certainly made easier by an advantageous total economic situation. The conditions of an economy that is becoming post of ethics, cultural industrial and post-modern are favorable for the unification theory, and economics. Economic development makes a new establishment of economic ethics and a theory ofethical economy necessary. Herdecke and Hanover, October 1987 P. K. TABLE OF CONTENTS Foreword v Introduction . 0. 1. Ethical Economy and Political Economy . . 0. 1. 1. Ethical Economy as Theory ofthe Ethical Presuppositions of the Economy and Economic Ethics 3 0. 1. 2.

Greenhouse Economics

Author : Clive Spash
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Examining one of the most crucial issues in the modern world: human induced climate change, here Clive Spash provides a refreshing interdisciplinary perspective, pulling together strands of natural science, economics and ethics. Described by John Gowdy as ‘the best exposition to date on the political economy of climate policy’, this remarkable volume poses serious questions and gives intelligent answers. The issues it addresses are relevant to a range of environmental problems, and it covers themes such as: How do we deal with uncertainty and ignorance? What roles do science and economics play in policy formation? To what extent should individuals take responsibility for the society in which they and their descendants live? By rigorously examining international and governmental sources, and key contemporary issues, Spash provides an up-to-date and informative analysis. A well-organized study (including a glossary and helpful acronym list), this book will be of strong interest to students and academics in the fields of ecological and environmental economics, and is essential reading for all those to whom climate change is a professional or personal concern.

On Values in Finance and Ethics

Author : Henry Schäfer
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This book uses the building blocks of modern capital market theory, including behavioural finance, as the point of departure for an analysis of hidden ethical content in the contemporary research into capital markets. It illustrates the significant degree of alienation between the financial and the real side of economies, stemming from the long-standing struggle between ethics and economics. Furthermore, it provides a roadmap of modern value thinking, highlighting the crucial role of stakeholders and non-governmental organizations.

Planning Frontiers in Rural America

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The Business of Consumption

Author : Laura Westra
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At the forefront of international concerns about global legislation and regulation, a host of noted environmentalists and business ethicists examine ethical issues in consumption from the points of view of environmental sustainability, economic development, and free enterprise. Visit our website for sample chapters!

Economic Ethics and Chinese Culture

Author : Xuanmeng Yu
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VALUES AND ETHICS IN BUSINESS AND PROFESSION

Author : SAMITA MANNA
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Primarily intended for undergraduate students of all disciplines of engineering and students of computer applications (MCA), this book is a comprehensive exposition of the values and ethical principles that one needs to adopt to become a responsible and accountable professional. The book is organized in nine chapters that addresses the three broad areas of concern—values, ethics, and sustainable development. It first discusses the prevalent concept of values in human society, the various types of values, and the crisis of values that seems to be engulfing the contemporary society. The concept of ethics, the various ethical values, and the ethical requirements for a professional in the modern workplace are highlighted in detail. The ramifications of industrialization, the respective roles of science, technology and engineering, as well as the need for preservation of the environment and the use of eco-friendly technologies are explained. Finally, the ethical issues involved in the management of resources are discussed. A number of case studies have been provided in the book to enable a clear understanding of the topics presented. Each chapter contains short answer as well as long answer questions to test the students’ grasp of the underlying concepts.

Ethics Out of Economics

Author : John Broome
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Ethics Out of Economics is the collected essays of John Broome on economics and ethical theory.

Calculated Futures

Author : D. Stephen Long
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Charts a path between neo-conservatism and the Christian left to craft a theology of economics

Economics and Morality

Author : Society for Economic Anthropology (U.S.). Meeting
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In Economics and Morality, the authors seek to illuminate the multiple kinds of analyses relating morality and economic behavior in particular kinds of economic systems. The chapters explore economic systems from a variety of diverse indigenous and capitalist societies, focusing on moral challenges in non-Western economic systems undergoing profound change, grassroots movements and moral claims in the context of capitalism, and morality-based movements taking place within corporate and state institutions. The anthropological insights of each chapter provide the value of firsthand fieldwork and ethnographic investigation, as well as the tradition of critically studying non-Western and Western societies. Because the moral challenges in a given capitalist society can no longer be effectively addressed without considering the interaction and influences of different societies in the global system, the international ethnographic research in this book can help document and make sense of the changes sweeping our planet.