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A volume by leading economists and philosophers that explores the contributions that virtue ethics can make to economics. Provides historical and modern insights in both economics and philosophy and offers suggestions for incorporating the ethics of virtue into economics to make it more applicable to moral dilemmas in the world outside the models.
List of contents
- Introduction
- Part I: Approaches to Virtue and Economics
- 1: Christian Becker: Aristotelian Virtue Ethics and Economic Rationality
- 2: Tim O'Keefe: The Epicureans on Happiness, Wealth, and the Deviant Craft of Property Management
- 3: Jennifer A. Baker: Economic Good as Indifferent: The Stoics' Radical Approach
- 4: James Otteson: Adam Smith on Virtue, Prosperity, and Justice
- 5: Mark D. White: The Virtues of a Kantian Economics
- Part II: Virtue and Economics in Theory
- 6: Michael Baurmann and Geoffrey Brennan: On Virtue Economics
- 7: Eric Schliesser: The Separation of Economics from Virtue: A Historical-Conceptual Introduction
- 8: Andrew Yuengert: The Space Between Choice and Our Models of It: Practical Wisdom and Normative Economics
- Part III: Virtue and Economics in Practice
- 9: Christine Swanton: Virtues of Productivity versus Technicist Rationality
- 10: David C. Rose: Virtues as Social Capital
- 11: Seung (Ginny) Choi and Virgil Storr: Can Trust, Reciprocity, and Friendships Survive Contact with the Market?
- 12: Jason Brennan: Do Markets Corrupt?
About the author
Jennifer A. Baker is Associate Professor in the Department of Philosophy at the College of Charleston. She has published over a dozen articles and chapters on ethics, with a particular focus on practical-rationality based accounts of virtue. Her recent publications include: 'Visible Hands: The Justification of the Market and Moral Agency', 'Children's Agency, Interests, and Medical Consent', 'Virtue Ethics and Practical Guidance', and 'Who's Afraid of a Final End? The Omission of Traditional Practical Rationality from Contemporary Virtue Ethics.'
Mark D. White is Chair and Professor in the Department of Philosophy at the College of Staten Island/CUNY, where he teaches courses in philosophy, law, and economics. He is the author of four books, including Kantian Ethics and Economics: Autonomy, Dignity, and Character (Stanford University Press) and The Illusion of Well-Being: Economic Policymaking Based on Respect and Responsiveness (Palgrave Macmillan), as well as over 50 journal articles and book chapters. He has also edited or coedited a number of books, including The Thief of Time: Philosophical Essays on Procrastination (with Chrisoula Andreou) and Retributivism: Essays on Theory and Policy and The Oxford Handbook of Ethics and Economics (all from Oxford University Press).
Summary
A volume by leading economists and philosophers that explores the contributions that virtue ethics can make to economics. Provides historical and modern insights in both economics and philosophy and offers suggestions for incorporating the ethics of virtue into economics to make it more applicable to moral dilemmas in the world outside the models.
Additional text
"Twentieth century economics sought rigour in models of rational choice, thereby bracketing concern with the goods that economic action can seek or undermine, and distancing economics from ethics. Economics and the Virtues is a rich and rewarding collection that brings together stimulating accounts of this loss and of some possibilities for retrieval. It explore classical accounts of the virtues, and argues that they remain essential not only to character but to culture, including the culture of markets'."
