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Ethics and Economic Theory

Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Ethics and Economic Theory offers a multidisciplinary critique of the foundational assumptions behind neo-classical economics, challenging the idea that economic agents are merely rational, self-interested individuals. Khalid Mir examines how these assumptions shape economic teaching, research, and policy, and argues they limit our ability to consider the ethical dimensions of economics and market economies.

The book explores how markets can suppress ethical behaviour and calls for a more pluralistic economic theory that integrates ethics, human motivation, and the concept of human flourishing, urging reflection on the ethical relationships between the self, society, and time.
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Format: Hardback
$37600
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This thought-provoking work is ideal for students and scholars of economics, philosophy, and social sciences seeking deeper insights into the ethical implications of economic theory and practice.

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This book takes a multi-disciplinary critique of the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. It provides insight into understanding human motivations and human flourishing and how a good economy requires reflection on the ethical relations between the self, world, and time.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

This book takes a multi-disciplinary critique of economics’ first principles: the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of economics, research agendas and policy analyses.

Ethics and Economic Theory argues that both the theoretical understanding of the economy and the actual working of real-world market economies diminish the scope for thinking about the relation between ethics, economics, and the economy. It highlights how market economies may "crowd out" ethical behaviour and our evaluation of them elides ethical reflection.

The book calls for a more pluralistic and richer approach to economic theory, one that allows ample room for ethical considerations. It provides insight into understanding human motivations and human flourishing and how a good economy requires reflection on the ethical relations between the self, world, and time.

Series: Routledge Frontiers of Political Economy

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Book Details

INFORMATION

ISBN: 9780815395140

Publisher: Taylor & Francis Inc

Format: Hardback

Date Published: 10 September 2018

Country: United States

Imprint: Routledge

Audience: Tertiary education

DIMENSIONS

Width: 156.0mm

Height: 234.0mm

Weight: 453g

Pages: 238

About the Author

Khalid Mir is Associate Professor at the Department of Economics at Lahore University of Management Sciences (LUMS). He received his PhD from The University of Essex with a focus on child labour. He has an MSc from The London School of Economics and Political Science. His current interests lie in the relation between ethics, economics, and the environment.

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