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  1. Buyer Beware: A Critique of Leading Virtue Ethics Defenses of Markets.Roberto Fumagalli - 2020 - Journal of Social Philosophy 51 (3):457-482.
    Over the last few decades, there have been intense debates concerning the effects of markets on the morality of individuals’ behaviour. On the one hand, several authors argue that markets’ ongoing expansion tends to undermine individuals’ intentions for mutual benefit and virtuous character traits and actions. On the other hand, leading economists and philosophers characterize markets as a domain of intentional cooperation for mutual benefit that promotes many of the character traits and actions that traditional virtue ethics accounts classify as (...)
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  • Liberal Naturalism and Non-epistemic Values.Ricardo F. Crespo - 2019 - Foundations of Science 24 (2):247-273.
    The ‘value-free ideal’ has been called into question for several reasons. It does not include “epistemic values”—viewed as characteristic of ‘good science’—and rejects the so-called ‘contextual’, ‘non-cognitive’ or ‘non-epistemic’ values—all of them personal, moral, or political values. This paper analyzes a possible complementary argument about the dubitable validity of the value-free ideal, specifically focusing on social sciences, with a two-fold strategy. First, it will consider that values are natural facts in a broad or ‘liberal naturalist’ sense and, thus, a legitimate (...)
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  • Spurious Unanimity and the Pareto Principle.Philippe Mongin - 2016 - Economics and Philosophy 32 (3):511-532.
    The Pareto principle states that if the members of society express the same preference judgment between two options, this judgment is compelling for society. A building block of normative economics and social choice theory, and often borrowed by contemporary political philosophy, the principle has rarely been subjected to philosophical criticism. The paper objects to it on the ground that it indifferently applies to those cases in which the individuals agree on both their expressed preferences and their reasons for entertaining them, (...)
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  • What Has Realism Got To Do With It?Tony Lawson - 1999 - Economics and Philosophy 15 (2):269.
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  • Friedman, Liberalism and the Meaning of Negative Freedom.Vardaman R. Smith - 1998 - Economics and Philosophy 14 (1):75-93.
    In the ‘Introduction’ to Capitalism and Freedom, Friedman's stated intentions are to: establish the role of competitive capitalism as a system of economic freedom and a necessary condition for political freedom; indicate the proper role of government in a free society; and return the term ‘liberal’ ‘… to its original sense – as the doctrines pertaining to a free man’. In fact, Friedman accomplishes none of these things. This essay has three distinct, though related, objectives: first, to compare Friedman's position (...)
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  • From knowledge to wisdom: a revolution in the aims and methods of science.Nicholas Maxwell - 1984 - Oxford: Blackwell.
    This book argues for the need to put into practice a profound and comprehensive intellectual revolution, affecting to a greater or lesser extent all branches of scientific and technological research, scholarship and education. This intellectual revolution differs, however, from the now familiar kind of scientific revolution described by Kuhn. It does not primarily involve a radical change in what we take to be knowledge about some aspect of the world, a change of paradigm. Rather it involves a radical change in (...)
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  • Justifying Cyber-intelligence?Ross W. Bellaby - 2016 - Journal of Military Ethics 15 (4):299-319.
    The surge in threats aided by or carried out through cyberspace has placed significant pressure on the intelligence community to adapt or leave itself open to attack. Indeed, many in both political and intelligence circles argue for access to ever greater amounts of cyber information in order to catch potential threats before they become real. By collecting all our digital information, the intelligence community argues that it is not only able to detail what people have done or are currently doing (...)
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  • The Problem of Unilateralism in Agency Theory: Towards a Bilateral Formulation.Sareh Pouryousefi & Jeff Frooman - 2017 - Business Ethics Quarterly 27 (2):163-182.
    ABSTRACT:Some business ethicists view agency theory as a cautionary tale—a proof that it is impossible to carry out successful economic interactions in the absence of ethical behaviour. The cautionary-tale view presents a nuanced normative characterisation of agency, but itsunilateralfocus betrays a limited understanding of the structure of social interaction. This article moves beyond unilateralism by presenting a descriptive and normative argument for abilateralcautionary-tale view. Specifically, we discuss hat swaps and role dualism in asymmetric-information principal-agent relationships and argue that the norm (...)
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  • Choice models.Katie Steele - 2014 - In Nancy Cartwright & Eleonora Montuschi (eds.), Philosophy of Social Science: A New Introduction. Oxford, United Kingdom: Oxford University Press.
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  • Conspicuous By Its Absence: Ethics and Managerial Economics.Daniel G. Arce - 2004 - Journal of Business Ethics 54 (3):261-277.
    This paper gives prescriptions for introducing ethical concerns into the economic theory of the firm. Topics include social responsibility, corporate governance, profit maximization, competition barriers, collusion, the market system, and welfare economics. The need for such prescriptions is based on a content analysis of 21 managerial economics texts for their coverage of ethics. My analysis finds that substantive discussions of ethics are conspicuous by their absence. As ethical breaches can involve significant monetary damages to a firm - particularly through adverse (...)
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  • Conspicuous By Its Absence: Ethics and Managerial Economics. [REVIEW]M. Arce - 2004 - Journal of Business Ethics 54 (3):261-277.
    This paper gives prescriptions for introducing ethical concerns into the economic theory of the firm. Topics include social responsibility, corporate governance, profit maximization, competition barriers, collusion, the market system, and welfare economics. The need for such prescriptions is based on a content analysis of 21 managerial economics texts for their coverage of ethics. My analysis finds that substantive discussions of ethics are conspicuous by their absence. As ethical breaches can involve significant monetary damages to a firm – particularly through adverse (...)
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  • Bernard Hodgson’s Trojan Horse Critique of Neoclassical Economics and the Second Phase of the Empiricist Level of Analysis.Dennis Badeen - 2012 - Journal of Business Ethics 108 (1):15-25.
    This article examines and assesses Bernard Hodgson’s critique of the Neoclassical concept of rationality and its place in the literature. It is argued that Hodgson’s Trojan horse critique is superior to the others because it addresses the role of empiricist epistemology in reducing reason to instrumental rationality and consequent disappearance of the human subject of political economy. The second phase of the empiricist level of analysis reintroduces the capacities for ethical deliberation, self-determination, and the socio-historical conditions and institutional setting of (...)
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  • Consciousness Raising. [REVIEW]Joshua Birenbaum - 1999 - Business Ethics Quarterly 9 (2):347-359.
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  • Distribution of responsibility, ability and competition.Johan J. Graafland - 2003 - Journal of Business Ethics 45 (1-2):133 - 147.
    This paper considers the distribution of responsibility for prevention of negative social or ecological effects of production and consumption. Responsibility is related to ability and ability depends on welfare. An increase in competition between Western companies depresses their profitability, but increases the welfare of Western consumers and,hence, their ability to acknowledge social values. Therefore, an increase in competition on consumer markets shifts the balance in responsibility from companies to consumers to prevent negative external effects from production and consumption patterns. An (...)
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  • Market hegemony and economic theory.Stephen Ellis - 2008 - Philosophy of the Social Sciences 38 (4):513-532.
    It is central to standard economic theory that people act on their interests. People are interested in a variety of things, so a range of values should influence market behavior. When engaged in commerce, however, people generally act for personal gain; the influence of other values usually just disappears in the marketplace. What is missing from the standard account is that people often act on proper subsets of their interests. Economics can, however, be extended to capture this insight. Key Words: (...)
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  • Distributive justice and international trade.Ethan B. Kapstein - 1999 - Ethics and International Affairs 13:175–204.
    This essay examines the structure of the international trade regime. Following John Rawls, it asserts that "justice is the first virtue of social institutions." This leads to the question: Is the trade regime just?
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  • Responsible computers? A case for ascribing quasi-responsibility to computers independent of personhood or agency.Bernd Carsten Stahl - 2006 - Ethics and Information Technology 8 (4):205-213.
    There has been much debate whether computers can be responsible. This question is usually discussed in terms of personhood and personal characteristics, which a computer may or may not possess. If a computer fulfils the conditions required for agency or personhood, then it can be responsible; otherwise not. This paper suggests a different approach. An analysis of the concept of responsibility shows that it is a social construct of ascription which is only viable in certain social contexts and which serves (...)
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  • Must Managers Leave Ethics at Home? Economics and Moral Anomie in Business Organisations.Richard J. McKenna & Eva E. Tsahuridu - 2001 - Philosophy of Management 1 (3):67-76.
    Why is it that some business managers appear to behave differently in private and at work? How, if at all, are the decisions managers make affected by the nature of their organisations? What impact do organisational values have on the moral autonomy of managers? A research project into these questions is now under way in three disparate Australian business firms and this paper sets out the premise underlying it. For purposes of research the general premise is that the moral character (...)
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  • Economics and Interdisciplinary Exchange in Catholic Social Teaching and “Caritas in Veritate”.Andrew Yuengert - 2011 - Journal of Business Ethics 100 (S1):41-54.
    The social sciences, and particularly economics, play an important role in business. This article reviews the account of the interdisciplinary conversation between Catholic Social Teaching and the social sciences (especially economics) over the last century, and describes Benedict XVI’s development of this account in Caritas in Veritate . Over time the popes recognized that the technical approach of economics was a barrier to fruitful collaboration between economics and Catholic Social Teaching, both because the economic approach is reductionist, and because modern (...)
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  • Formalism and contemporary economics: A reply to Hausman, Heilbroner, and Mayer.Peter J. Boettke - 1998 - Critical Review: A Journal of Politics and Society 12 (1-2):173-186.
    Economic formalism crowds out the analysis of change and adjustments to change under capitalism. The style of analytical narrative that was practiced by the first generation of neoclassical economists, in contrast, is more productive of genuine economic understanding. Despite Daniel Haus‐man's challenging argument to the contrary, I maintain that Joseph Stiglitz's work is formalist at its core. While I agree with Robert Heilbroner's critique of contemporary economics, there is a limited sense in which nonformalist economics can rely on universalistic assumptions. (...)
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  • Moral Philosophy, Political Philosophy, and Organizational Ethics: A Response to Phillips and Margolis.Edwin M. Hartman - 2001 - Business Ethics Quarterly 11 (4):673-685.
    Abstract:Phillips and Margolis argue that moral philosophy is a poor basis for business ethics, but their narrow view of moral philosophy would exclude Aristotle, for one. They criticize me for assimilating states and organizations in using the Rawlsian device, but they put too much faith in Rawls’s distinction between states and voluntary organizations and pay too little attention to the continuities between them. Their plea for a conceptually autonomous ethics for organizations I interpret as reasonable and largely compatible with my (...)
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  • The Social Function of Business Ethics.Ronald Jeurissen - 2000 - Business Ethics Quarterly 10 (4):821-843.
    Business ethics serves the important social function of integrating business and society, by promoting the legitimacy ofbusiness operations, through critical reflection. Although the social function of business ethics is impliCit in leading business ethicsfoundation theories, it has never been presented in a systematic way. This article sets out to fill this theoretical lacuna, and to explore the theoretical potentials of a functional approach to business ethics. Key concepts from Parsonian functionalistic SOCiology are applied to establish the social integrative function of (...)
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  • Engaging rational discrimination: Exploring reasons for placing regulatory constraints on decision support systems. [REVIEW]Oscar H. Gandy - 2010 - Ethics and Information Technology 12 (1):29-42.
    In the future systems of ambient intelligence will include decision support systems that will automate the process of discrimination among people that seek entry into environments and to engage in search of the opportunities that are available there. This article argues that these systems must be subject to active and continuous assessment and regulation because of the ways in which they are likely to contribute to economic and social inequality. This regulatory constraint must involve limitations on the collection and use (...)
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  • Is Health Inequality Across Individuals of Moral Concern?Yukiko Asada - 2006 - Health Care Analysis 14 (1):25-36.
    The history of the documentation of health inequality is long. The way in which health inequality has customarily been documented is by comparing differences in the average health across groups, for example, by sex or gender, income, education, occupation, or geographic region. In the controversial World Health Report 2000, researchers at the World Health Organization criticized this traditional practice and proposed to measure health inequality across individuals irrespective of individuals’ group affiliation. They defended its proposal on the moral grounds without (...)
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  • The Uses and Abuses of Agency Theory.Joseph Heath - 2009 - Business Ethics Quarterly 19 (4):497-528.
    The use of agency theory remains highly controversial among business ethicists. While some regard it as an essential tool for analyzing and understanding the recent spate of corporate ethics scandals, others argue that these scandals might not even have occurred had it not been for the widespread teaching of agency theory in business schools. This paper presents a qualified defense of agency theory against these charges, first by identifying the theoretical commitments that are essential to the theory (in order to (...)
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  • Trade-offs between Epistemic and Moral Values in Evidence-Based Policy.Donal Khosrowi - 2016 - Economics and Philosophy (1):49-78.
    Proponents of evidence-based policy (EBP) call for public policy to be informed by high-quality evidence from randomized controlled trials. This methodological preference aims to promote several epistemic values, e.g. rigor, unbiasedness, precision, and the ability to obtain causal conclusions. I argue that there is a trade-off between these epistemic values and several non-epistemic, moral and political values. This is because the evidence afforded by preferred EBP methods is differentially useful for pursuing different moral and political values. I expand on how (...)
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  • Measuring opportunity: Toward a contractarian measure of individual interest*: Robert Sugden.Robert Sugden - 1998 - Social Philosophy and Policy 15 (2):34-60.
    Liberals have often been attracted by contractarian modes of argument— and with good reason. Any system of social organization requires that some constraints be imposed on individuals' freedom of action; it is a central problem for any liberal political theory to show which constraints can be justified, and which cannot. A contractarian justification works by showing that the constraints in question can be understood as if they were the product of an agreement, voluntarily entered into by every member of society. (...)
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  • Education and the Logic of Economic Progress.Tal Gilead - 2012 - Journal of Philosophy of Education 46 (1):113-131.
    Over the last few decades, the idea that education should function to promote economic progress has played a major role in shaping educational policy. So far, however, philosophers of education have shown relatively little interest in analysing this notion and its implications. The present article critically examines, from a philosophical perspective, the link between education and the currently prevailing understanding of economic progress, which is grounded in human capital theory. A number of familiar philosophical objections to the idea that economic (...)
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  • Business Ethics and Internal Social Criticism.Scott Sonenshein - 2005 - Business Ethics Quarterly 15 (3):475-498.
    Abstract:The purpose of this paper is to present an understanding of business ethics based on a theory of internal social criticism. Internal social criticism focuses on how members of a business organization debate the meanings of their shared traditions for the purpose of locating and correcting hypocrisy. Organizations have thick moral cultures that allow them to be self-governing moral communities. By considering organizations as interpretive moral communities, I challenge the conventional notion that moral criticism is based primarily on exogenous moral (...)
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  • Explanation and diagnosis in economics.Daniel Hausman - 2001 - Revue Internationale de Philosophie 3:311-326.
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  • Can economic globalization lead to a more just society?Farhad Rassekh & John Speir - 2010 - Journal of Global Ethics 6 (1):27-43.
    We briefly review the recent literature on globalization, and present empirical evidence showing that economic globalization has been correlated with higher economic growth and lower poverty rates. We then evaluate the consequences of economic globalization in light of standards of commutative justice as Smith articulated, distributive justice as Rawls presented, and practical justice as Kolm explicated. This essay argues that economic globalization fulfills the requirements of all three species of justice.
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  • Conflicting Views of Markets and Economic Justice: Implications for Student Learning.David F. Carrithers & Dean Peterson - 2006 - Journal of Business Ethics 69 (4):373-387.
    This paper describes a flaw in the teaching of issues related to market economics and social justice at American institutions of higher learning. The flaw we speak of is really a gap, or an educational disconnect, which exists between those faculty who support market-based economies and those who believe capitalism promotes economic injustice. The thesis of this paper is that the gap is so wide and the ideas that are promoted are so disconnected that students are trapped into choosing one (...)
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  • A satisfactory minimum conception of justice: Reconsidering Rawls's maximin argument.Alexander Kaufman - 2013 - Economics and Philosophy 29 (3):349-369.
    John Rawls argues that it is possible to describe a suitably defined initial situation from which to form reliable judgements about justice. In this initial situation, rational persons are deprived of information that is . It is rational, Rawls argues, for persons choosing principles of justice from this standpoint to be guided by the maximin rule. Critics, however, argue that (i) the maximin rule is not the appropriate decision rule for Rawls's choice position; (ii) the maximin argument relies upon an (...)
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  • Invoking a Cartesian product structure on social states: New resolutions of Sen’s and Gibbard’s impossibility theorems.Herrade Igersheim - 2013 - Theory and Decision 74 (4):463-477.
    The purpose of this article is to introduce a Cartesian product structure into the social choice theoretical framework and to examine if new possibility results to Gibbard’s and Sen’s paradoxes can be developed thanks to it. We believe that a Cartesian product structure is a pertinent way to describe individual rights in the social choice theory since it discriminates the personal features comprised in each social state. First we define some conceptual and formal tools related to the Cartesian product structure. (...)
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  • The Metric of Opportunity.Robert Sudgen - 1998 - Economics and Philosophy 14 (2):307.
    There is a long tradition in economics of evaluating social arrangements by the extent to which individuals' preferences are satisfied. This is the tradition of welfarism, which has developed from nineteenth-century utilitarianism. Increasingly, however, the presumption that preference-satisfaction is the appropriate standard for evaluating social arrangements is being challenged by an alternative view: that we should focus on the set of opportunities open to each individual.
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  • (1 other version)Patent rights or patent wrongs? The case of patent rights on AIDS drugs.Samantha Byrne, Paul Davey, Kirsti McFarlane, John O'Brien & Craig Templeton - 2006 - Business Ethics: A European Review 15 (3):299-305.
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  • (1 other version)Patent rights or patent wrongs? The case of patent rights on AIDS drugs.Samantha Byrne, Paul Davey, Kirsti McFarlane, John O'Brien & Craig Templeton - 2006 - Business Ethics, the Environment and Responsibility 15 (3):299–305.
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  • Sovereign Citizens and Constrained Consumers: Why Sustainability Requires Limits on Choice.Susanne Menzel & Tom L. Green - 2013 - Environmental Values 22 (1):59-79.
    There is resistance to policies that would reduce overall consumption levels to promote sustainability. In part, this resistance is aided by the economic concept of consumer sovereignty (CS) and its presumption that choice promotes wellbeing. We investigate the concept of consumer sovereignty in the context of deepening concerns about sustainability and scrutinise whether the two concepts are compatible. We draw on new findings in psychology on human decision-making traits; we take into account increasing awareness about human dependencies on ‘functioning’ ecosystems (...)
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  • The Implicit Morality of the Market and Joseph Heath’s Market Failures Approach to Business Ethics.Marc A. Cohen & Dean Peterson - 2019 - Journal of Business Ethics 159 (1):75-88.
    Joseph Heath defends competitive markets and conceptualizes business ethics with reference to Pareto efficiency, which he takes to be the “implicit morality of the market.” His justification for markets is that they generate Pareto efficient outcomes, meaning that markets optimally satisfy consumer preferences. And, for Heath, business ethics is the set of normative constraints—regulation and beyond-compliance norms—needed to preserve that outcome. The present paper accepts Heath’s claim that the economic justification for markets is ethical, in that satisfying consumer preferences is (...)
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  • Educational Insights of the Economist: Tibor Scitovsky on Education, Production and Creative Consumption.Tal Gilead - 2013 - Studies in Philosophy and Education 32 (6):623-639.
    In recent decades education is increasingly perceived as an instrument for generating economic growth and enhancing production. Unexpectedly, however, many prominent economists, throughout history, have rejected this view of education. This article examines the grounds on which Tibor Scitovsky, who was one of the leading economists of twentieth century America, objected to the spread of production oriented education. The article begins by an historical overview of the relationship between economic and educational theory. It then explains why Scitovsky held the economic (...)
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  • Why Not Just Ask? Preferences, “Empirical Ethics” and the Role of Ethical Reflection.Daniel M. Hausman - unknown
    Many questions concerning health involve values. How well is a health system performing? How should resources be allocated between the health system and other uses or among competing healthrelated uses? How should the costs of health services be distributed among members of a population? Who among those in need of transplants should receive scarce organs? What is the best way to treat particular patients? Although many kinds of expertise bear on these questions, values play a large role in answering them. (...)
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