By Donald G. Richards
It is argued that the normative and moral presuppositions of ordinary economics render the self-discipline incapable of addressing an incredible classification of difficulties related to human offerings. Economics adopts too skinny an account either one of human motivation and of "the reliable" for people and for society. it is suggested that economists and policy-makers glance again to old philosophy for information at the sturdy existence and reliable society thought of by way of eudaimonism, or human flourishing.
Economics, Ethics, and historic Thought starts off by way of outlining the restrictions of the normative and moral presuppositions that underpin common fiscal conception, sooner than occurring to signify substitute normative and moral traditions that may complement or change these linked to typical fiscal pondering. particularly, this booklet considers the moral considered historic thinkers, relatively the traditional Greeks and their thought of eudaimonia, arguing that inside of these traditions greater choices are available to the rational selection utilitarianism attribute of recent monetary conception and policy.
This quantity is of serious curiosity to people who learn monetary idea and philosophy, historical past of financial inspiration and philosophy of social technological know-how, in addition to public coverage professionals.
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Economics, Ethics, and Ancient Thought: Towards a virtuous public policy (Routledge Studies in the History of Economics) by Donald G. Richards