Ethics and Economic Theory
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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Ethics and Economic Theory
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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.
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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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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