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Economics as Moral Science

Economics as Moral Science

Paperback

Series: Ethical Economy

PhilosophyEconomics

ISBN10: 3642074278
ISBN13: 9783642074271
Publisher: Springer
Published: Dec 3 2010
Pages: 382
Weight: 1.23
Height: 0.82 Width: 6.14 Depth: 9.21
Language: English
Economics as Moral Science investigates the problem of the ethical neutrality of mainstream economic theory within the context of the methodology of economics as a science. Against the conventional wisdom, the author argues that there are serious moral presuppositions to the theory, but that economics could still count as a scientific or rational form of inquiry. The basic questions addressed - the ethical implications of economics, its status as a scientific mode of theory-construction, and the relation between these factors - are absolutely fundamental ones for an understanding of contemporary economics, the philosophy of the human sciences, and our current market culture. Moreover, the study provides a thorough philosophical analysis of the critical issues at stake from the inside, from the credible perspective of a particular, but foundational economic theory - the neoclassical theory of rational choice.

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Hodgson, Bernard

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Philosophy