The Economists Oathon The Need For And Content Of Professional Economic Ethics

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The Economist's Oath

Author : George F. DeMartino
Publisher : Oxford University Press
ISBN 13 : 0199813736
Total Pages : 273 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Economist's Oath by : George F. DeMartino

Download or read book The Economist's Oath written by George F. DeMartino and published by Oxford University Press. This book was released on 2011-01-26 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work. The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist." The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.

The Oxford Handbook of Professional Economic Ethics

Author : George DeMartino
Publisher : Oxford University Press
ISBN 13 : 0199766630
Total Pages : 801 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Oxford Handbook of Professional Economic Ethics by : George DeMartino

Download or read book The Oxford Handbook of Professional Economic Ethics written by George DeMartino and published by Oxford University Press. This book was released on 2016 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of "professionalism" and its implications for ethical practice.

The Oxford Handbook of Professional Economic Ethics

Author : George F. DeMartino
Publisher : Oxford University Press
ISBN 13 : 0190269979
Total Pages : 801 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Oxford Handbook of Professional Economic Ethics by : George F. DeMartino

Download or read book The Oxford Handbook of Professional Economic Ethics written by George F. DeMartino and published by Oxford University Press. This book was released on 2016-01-04 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of "professionalism" and its implications for ethical practice.

Marx, Veblen, and the Foundations of Heterodox Economics

Author : Tae-Hee Jo
Publisher : Routledge
ISBN 13 : 1317631447
Total Pages : 338 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Marx, Veblen, and the Foundations of Heterodox Economics by : Tae-Hee Jo

Download or read book Marx, Veblen, and the Foundations of Heterodox Economics written by Tae-Hee Jo and published by Routledge. This book was released on 2015-07-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.

Forensic Economics

Author : Frank D. Tinari
Publisher : Springer
ISBN 13 : 1137563923
Total Pages : 331 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Forensic Economics by : Frank D. Tinari

Download or read book Forensic Economics written by Frank D. Tinari and published by Springer. This book was released on 2016-12-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection addresses the major issues encountered in the calculation of economic damages to individuals in civil litigation. In federal and state courts in the United States, as well as in other nations, when one party sues another, the suing party is required not only to prove that the harm was, indeed, caused by the other party, but also to claim and demonstrate that a specified dollar value represents just compensation for the harm. Forensic economists are often called upon to evaluate, measure, and opine on the degree of economic loss that is alleged to have occurred. Aimed at both practitioners and theorists, the original articles and essays in the edited collection are written by nationally recognized and widely published forensic experts. Its strength is in showcasing theories, methods, and measurements as they differ in a variety of cases, and in its review of the forensic economics literature developed over the past thirty years. Readers will find informative discussions of topics such as establishing earnings capacity for both adults and infants, worklife probability, personal consumption deductions, taxation as treated in federal and state courts, valuing fringe benefits, discounting theory and practice, the effects of the Affordable Care Act, the valuation of personal services, wrongful discharge, hedonics, effective communication by the expert witness, and ethical issues. The volume also covers surveys of the views of practicing forensic economists, the connection between law and forensic economics, alternatives to litigation in the form of VCF-like schedules, and key differences among nations in measuring economic damages.

The Ethical Formation of Economists

Author : Wilfred Dolfsma
Publisher : Routledge
ISBN 13 : 1351043781
Total Pages : 311 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis The Ethical Formation of Economists by : Wilfred Dolfsma

Download or read book The Ethical Formation of Economists written by Wilfred Dolfsma and published by Routledge. This book was released on 2019-06-07 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists' role in society has always been an uneasy one, and in recent years the ethicality of the profession and its practitioners has been questioned more than ever. This collection of essays is the first to investigate the multifaceted nature of what forms economists' ethical and economic views. Bringing together work from international contributors, The Ethical Formation of Economists explores the ways in which economists are influenced in their training and career, examining how this can explain their individual ethical stances as economists. The book suggests that if we can better understand what is making economists think and act as they do, considering ethicality in the process, we might all be better placed to implement changes. The intent is not to exonerate economists from personal responsibility, but to highlight how considering the circumstances that have helped shape economists' views can help to address issues. It is argued that it is important to understand these influences, as without such insights, the demonization of economists is too easily adapted as a stance by society as well as too easily dismissed by economists. This book will be of great interest to those studying and researching in the fields of economics, ethics, philosophy and sociology. It also seeks to bring an ethical debate within and about economics and to cause change in the practical reasoning of economists.

Handbook of Teaching Ethics to Economists

Author : Ioana Negru
Publisher : Edward Elgar Publishing
ISBN 13 : 1802207163
Total Pages : 329 pages
Book Rating : 4.8/5 (22 download)

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Book Synopsis Handbook of Teaching Ethics to Economists by : Ioana Negru

Download or read book Handbook of Teaching Ethics to Economists written by Ioana Negru and published by Edward Elgar Publishing. This book was released on 2023-11-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the knowledge of highly experienced academics, this authoritative Handbook explains how ethics can inform the teaching of economics. It includes state-of-the-art moral theory alongside traditional approaches to emphasise why ethics should be an important consideration for economic practitioners.

Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
ISBN 13 : 0226819442
Total Pages : 229 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics by : Deirdre Nansen McCloskey

Download or read book Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2022-06-30 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction The Argument in Brief -- Economics Is in Scientific Trouble -- An Antique, Unethical, and Badly Measured Behaviorism Doesn't Yield Good Economic Science or Good Politics -- Economics Needs to Get Serious about Measuring the Economy -- The Number of Unmeasured "Imperfections" Is Embarrassingly Long -- Historical Economics Can Measure Them, Showing Them to Be Small -- The Worst of Orthodox Positivism Lacks Ethics and Measurement -- Neoinstitutionalism Shares in the Troubles -- Even the Best of Neoinstitutionalism Lacks Measurement -- And "Culture," or Mistaken History, Will Not Repair It -- That Is, Neoinstitutionalism, Like the Rest of Behavioral Positivism, Fails as History and as Economics -- As It Fails in Logic and in Philosophy -- Neoinstitutionalism, in Short, Is Not a Scientific Success -- Humanomics Can Save the Science -- But It's Been Hard for Positivists to Understand Humanomics -- Yet We Can Get a Humanomics -- And Although We Can't Save Private Max U -- We Can Save an Ethical Humanomics.

Economics and Ethics

Author : A. Dutt
Publisher : Springer
ISBN 13 : 0230277233
Total Pages : 274 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Economics and Ethics by : A. Dutt

Download or read book Economics and Ethics written by A. Dutt and published by Springer. This book was released on 2010-04-29 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to the relationship between economics and ethics, explaining why ethics enters economics, how ethics affects individual economic behaviour and the interactions of individuals, and how ethics is important in evaluating the performance of economies and of economic policies.

Ethics in Economics

Author : Jonathan B Wight
Publisher : Stanford University Press
ISBN 13 : 0804794561
Total Pages : 294 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Ethics in Economics by : Jonathan B Wight

Download or read book Ethics in Economics written by Jonathan B Wight and published by Stanford University Press. This book was released on 2015-04-22 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: “This outstanding book” looks at the role of ethics within economic debates, going beyond welfare outcomes to examine our moral norms (Choice). In Ethics and Economics, Jonathan B. Wight argues that economic life relies on three interrelated ethical systems: outcome-based, duty- and rule-based, and virtue-based. Integrating contemporary research on ethics within a historical framework, Wight provides a thorough and accessible outline of all three schools, explaining how they fit or contrast with the economic welfare model. Wight uses these conceptual underpinnings to examine a range of topics, such as the 2008 financial crisis, the moral limits to markets, the findings of experimental economics, and the nature of economic justice. Wight’s analysis is guided by the innovative concept of ethical pluralism—the recognition that each system has appropriate applications, and that no single framework prevails. He makes the case that moving beyond utility maximization can lead to a richer understanding of human behavior and better policy decisions.

The Romantic Economist

Author : Richard Bronk
Publisher : Cambridge University Press
ISBN 13 : 0521513847
Total Pages : 403 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis The Romantic Economist by : Richard Bronk

Download or read book The Romantic Economist written by Richard Bronk and published by Cambridge University Press. This book was released on 2009-02-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions? This book argues that economists should look for new techniques in Romantic poetry and philosophy.

International Handbook on Teaching and Learning Economics

Author : Gail Mitchell Hoyt
Publisher : Edward Elgar Publishing
ISBN 13 : 1781002452
Total Pages : 895 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis International Handbook on Teaching and Learning Economics by : Gail Mitchell Hoyt

Download or read book International Handbook on Teaching and Learning Economics written by Gail Mitchell Hoyt and published by Edward Elgar Publishing. This book was released on 2012 with total page 895 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThe International Handbook on Teaching and Learning Economics is a power packed resource for anyone interested in investing time into the effective improvement of their personal teaching methods, and for those who desire to teach students how to think like an economist. It sets guidelines for the successful integration of economics into a wide variety of traditional and non-traditional settings in college and graduate courses with some attention paid to primary and secondary classrooms. . . The International Handbook on Teaching and Learning Economics is highly recommended for all economics instructors and individuals supporting economic education in courses in and outside of the major. This Handbook provides a multitude of rich resources that make it easy for new and veteran instructors to improve their instruction in ways promising to excite an increasing number of students about learning economics. This Handbook should be on every instructorÕs desk and referenced regularly.Õ Ð Tawni Hunt Ferrarini, The American Economist ÔIn delightfully readable short chapters by leaders in the sub-fields who are also committed teachers, this encyclopedia of how and what in teaching economics covers everything. There is nothing else like it, and it should be required reading for anyone starting a teaching career Ð and for anyone who has been teaching for fewer than 50 years!Õ Ð Daniel S. Hamermesh, University of Texas, Austin, US The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise. The internationally renowned contributors present an exhaustive compilation of accessible insights into major research in economic education across a wide range of topic areas including: ¥ Pedagogic practice Ð teaching techniques, technology use, assessment, contextual techniques, and K-12 practices. ¥ Research findings Ð principles courses, measurement, factors influencing student performance, evaluation, and the scholarship of teaching and learning. ¥ Institutional/administrative issues Ð faculty development, the undergraduate and graduate student, and international perspectives. ¥ Teaching enhancement initiatives Ð foundations, organizations, and workshops. Grounded in research, and covering past and present knowledge as well as future challenges, this detailed compendium of economics education will prove an invaluable reference tool for all involved in the teaching of economics: graduate students, new teachers, lecturers, faculty, researchers, chairs, deans and directors.

Words, Objects and Events in Economics

Author : Peter Róna
Publisher : Springer Nature
ISBN 13 : 3030526739
Total Pages : 236 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Words, Objects and Events in Economics by : Peter Róna

Download or read book Words, Objects and Events in Economics written by Peter Róna and published by Springer Nature. This book was released on 2020-09-03 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

Health Care Economics

Author : John B. Davis
Publisher : Taylor & Francis
ISBN 13 : 1317294017
Total Pages : 235 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Health Care Economics by : John B. Davis

Download or read book Health Care Economics written by John B. Davis and published by Taylor & Francis. This book was released on 2017-06-01 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analytical approach of standard health economics has so far failed to sufficiently account for the nature of care. This has important ramifications for the analysis and valuation of care, and therefore for the pattern of health and medical care provision. This book sets out an alternative approach, which places care at the center of an economics of health, showing how essential it is that care is appropriately recognized in policy as a means of enhancing the dignity of the individual. Whereas traditional health economics has tended to eschew value issues, this book embraces them, introducing care as a normative element at the center of theoretical analysis. Drawing upon care theory from feminist works, philosophy, nursing and medicine, and political economy, the authors develop a health care economics with a moral basis in health care systems. In providing deeper insights into the nature of care and caring, this book seeks to redress the shortcomings of the standard approach and contribute to the development of a more person-based approach to health and medical care in economics. Health Care Economics will be of interest to researchers and postgraduate students in health economics, heterodox economists, and those interested in health and medical care.

Global Economy, Global Justice

Author : George DeMartino
Publisher : Psychology Press
ISBN 13 : 9780415124270
Total Pages : 302 pages
Book Rating : 4.1/5 (242 download)

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Book Synopsis Global Economy, Global Justice by : George DeMartino

Download or read book Global Economy, Global Justice written by George DeMartino and published by Psychology Press. This book was released on 2000 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.

The Tragic Science

Author : George F. DeMartino
Publisher : University of Chicago Press
ISBN 13 : 0226821234
Total Pages : 278 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Tragic Science by : George F. DeMartino

Download or read book The Tragic Science written by George F. DeMartino and published by University of Chicago Press. This book was released on 2022-07-26 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tragic science. The tragedy of economics ; Economic paternalism, heroic economics ; Harm's complexity -- The origins of econogenic harm. The unevenness of econogenic impact ; The specter of irreparable ignorance ; Counterfactual fictions in economic explanation and harm assessment -- Economic moral geometry. Managing harm via economic moral geometry ; Moral geometry: An assessment ; Beyond moral geometry: interests, social harm, capabilities -- Confronting econogenic harm responsibly. Economic harm profile analysis ; Decision making under deep uncertainty ; Conclusion: from reckless to responsible economics.

How Economics Professors Can Stop Failing Us

Author : Steven Payson
Publisher : Lexington Books
ISBN 13 : 0739198343
Total Pages : 373 pages
Book Rating : 4.7/5 (391 download)

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Book Synopsis How Economics Professors Can Stop Failing Us by : Steven Payson

Download or read book How Economics Professors Can Stop Failing Us written by Steven Payson and published by Lexington Books. This book was released on 2017-08-18 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an eye-opening exposé on economics professors that will surely shock anyone who is not familiar with the topic, and even some of those who are familiar with it. It is critical of the behavior of economics professors, but is not critical of the field of economics itself. In fact, the book argues that it is essential for economics professors to improve in the work they perform, precisely because of the vital importance of their field. Other books that criticize economics professors typically present complex arguments that interest only the most advanced scholars. However, this book is completely different. It is written to be understandable to anyone who has with an interest in economics, regardless of their background. At the same time, the book does include the most relevant scholarly arguments—it just presents them in a manner that allows anyone to understand them. Also unlike other books on economics, How Economics Professors Can Stop Failing Us is written in the context of a genuine exposé. As such, itventures “backstage” behind the “show business” that has dominated the profession, revealing the profession’s deep, dark, (and at times rather ugly) secrets. The book is able to do this by having an author who has experienced first- hand, studied, and written on this topic area for over three decades, who has organized training seminars on it, and who has served for over a decade as the Executive Director of the Association for Integrity and Responsible Leadership in Economics. While exposing the profession’s shameful problems, the book also offers great hope in providing realistic solutions to them. One of the main solutions it proposes is for economics professors who are now failing us to follow, and learn from, those other professors who are not failing us—who have, instead, admirably upheld the principles of professional ethics and scientific integrity. In this sense, How Economics Professors Can Stop Failing Us offers the most hope, and perhaps the only hope, for economics professors to improve, and to play the responsible role that their students, their employers, and society overall, expects of them.