Economics, Ethics, and Ancient Thought

Towards a virtuous public policy

Business & Finance, Economics, Theory of Economics
Cover of the book Economics, Ethics, and Ancient Thought by Donald G. Richards, Taylor and Francis
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Author: Donald G. Richards ISBN: 9781317556367
Publisher: Taylor and Francis Publication: January 20, 2017
Imprint: Routledge Language: English
Author: Donald G. Richards
ISBN: 9781317556367
Publisher: Taylor and Francis
Publication: January 20, 2017
Imprint: Routledge
Language: English

It is argued that the normative and ethical presuppositions of standard economics render the discipline incapable of addressing an important class of problems involving human choices. Economics adopts too thin an account both of human motivation and of "the good" for individuals and for society. It is recommended that economists and policy-makers look back to ancient philosophy for guidance on the good life and good society considered in terms of eudaimonism, or human flourishing.

Economics, Ethics, and Ancient Thought begins by outlining the limitations of the normative and ethical presuppositions that underpin standard economic theory, before going on to suggest alternative normative and ethical traditions that can supplement or replace those associated with standard economic thinking. In particular, this book considers the ethical thought of ancient thinkers, particularly the ancient Greeks and their concept of eudaimonia, arguing that within those traditions better alternatives can be found to the rational choice utilitarianism characteristic of modern economic theory and policy.

This volume is of great interest to those who study economic theory and philosophy, history of economic thought and philosophy of social science, as well as public policy professionals.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

It is argued that the normative and ethical presuppositions of standard economics render the discipline incapable of addressing an important class of problems involving human choices. Economics adopts too thin an account both of human motivation and of "the good" for individuals and for society. It is recommended that economists and policy-makers look back to ancient philosophy for guidance on the good life and good society considered in terms of eudaimonism, or human flourishing.

Economics, Ethics, and Ancient Thought begins by outlining the limitations of the normative and ethical presuppositions that underpin standard economic theory, before going on to suggest alternative normative and ethical traditions that can supplement or replace those associated with standard economic thinking. In particular, this book considers the ethical thought of ancient thinkers, particularly the ancient Greeks and their concept of eudaimonia, arguing that within those traditions better alternatives can be found to the rational choice utilitarianism characteristic of modern economic theory and policy.

This volume is of great interest to those who study economic theory and philosophy, history of economic thought and philosophy of social science, as well as public policy professionals.

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