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Economics as Moral Science

Economics as Moral Science

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Ethical Economy

Economics as Moral Science

Bernard Hodgson

Business & Economics / Econometrics

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.

Publication Date: 03 December 2010
Publisher: Springer Berlin Heidelberg
Imprint: Springer
ISBN-13: 9783642074271
Format: Paperback softback
Page Count: 382

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