Morality of Economic Behaviour Chiotis Vangelis
Morality of Economic Behaviour Chiotis Vangelis The links between self-interest and morality have been examined in moral philosophy since Plato. Examining moral philosophy through the framework…
Specifikacia Morality of Economic Behaviour Chiotis Vangelis
Morality of Economic Behaviour Chiotis Vangelis
The links between self-interest and morality have been examined in moral philosophy since Plato. 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. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith.
Considering social structures and repeated interactions on rational maximisation allows an argument for the morality of economic The argument relies on two important parameters: behaviour in a social environment and the effects of intertemporal choice on rational behaviour.
Vangelis
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