Agenda for Future Research and Action
This concluding paper summarizes the main messages from the book about the restoration of economics as a moral science. It is argued that economics, unlike the natural sciences, does not have an ontologically objective subject, because economic life, unli
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Peter Rona Laszlo Zsolnai Editors
Economics as a Moral Science
Virtues and Economics Volume 1
Series Editors Peter Rona, University of Oxford Laszlo Zsolnai, Corvinus University of Budapest Editorial Advisory Board Helen Alford, Pontifical University of St. Thomas Aquinas (“Angelicum”), Rome, Italy Luk Bouckaert, Catholic University of Leuven, Belgium Luigino Bruni, LUMSA University, Rome and Sophia University Institute, Loppiano Georges Enderle, University of Notre Dame, USA Carlos Hoevel, Catholic University of Argentina, Buenos Aires, Argentina John Loughlin, Blackfriars Hall, University of Oxford and Von Hügel Institute David W. Miller, Princeton University, USA Sanjoy Mukherjee, Rajiv Gandhi Indian Institute of Management Shillong, India Mike Thompson, GoodBrand, London, CEIBS Shanghai, and University of Victoria, Vancouver, Canada Johan Verstraeten, Catholic University of Leuven, Belgium Stefano Zamagni, University of Bologna, and Johns Hopkins University – SAIS Europe and Pontifical Academy of Social Sciences, Italy
The series is dedicated to virtue ethics and economics. Its purpose is to relocate economic theory to a domain where the connection between the virtues and economic decisions, as that connection is actually experienced in everyday life, is an organic component of theory rather than some sort of an optionally added ingredient. The goal is to help develop a virtue-based economic theory which connects virtues with the contents of economic activities of individuals, unincorporated and incorporated economic agents. The primary context is Catholic Social Teaching but other faith traditions (especially Judaism, Islam, Hinduism, Buddhism, and Confucianism) will also be explored for their construction of virtues in economic action. Special attention will be made to regulatory and policy issues in promoting economic justice. The series connects virtue ethics with the core of economic theory and practice. It examines the basic and irreducible intentionality of human activities concerned with the production, distribution and consumption of goods and services. It considers the incommensurability of values as the central problem of economic decision making and examines whether that problem can be overcome by any means other than practical reason. This series will cover high quality edited volumes and monographs. More information about this series at http://www.springer.com/series/15627
Peter Rona • Laszlo Zsolnai Editors
Economics as a Moral Science
Editors Peter Rona Blackfriars Hall University of Oxford Oxford, UK
Laszlo Zsolnai Corvinus University of Budapest Budapest, Hungary European SPES Institute
Leuven, Belgium
ISSN 2520-1794 ISSN 2520-1808 (electronic) Virtues and Economics ISBN 978-3-319-53290-5 ISBN 978-3-319-53291-2 (eBook) DOI 10.1007/978-3-319-53291-2 Library of Congress Control Number: 2017936974 © Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, sp
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