Economics as Moral Science Cover

Economics as Moral Science

ISBN/ASIN: 9783642074271,9783662044766 | 2001 | English | pdf | 382/395 pages | 14.3 Mb
Publisher: Springer-Verlag Berlin Heidelberg | Author: Prof. Bernard Hodgson (auth.) | Edition: 1

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.

Economics as Moral Science

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