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Economics and Ethics

  • Ricardo F. CrespoEmail author
Chapter
Part of the SpringerBriefs in Philosophy book series (BRIEFSPHILOSOPH)

Abstract

This chapter explores the links between economics and ethics, which depend on the notion of economics considered. Political economy is a science of ends—a practical and moral, science, while economic theory is a technique that should be subordinated to the former. Economic theory cannot be specifically applied to reality without a commitment to values. In the twentieth century, economics tried to push values aside, but it is drawing closer to them today, following the lead of other social sciences.

Keywords

Economics as a moral science Economics and ethics Freedom in economics 

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Copyright information

© The Author(s) 2013

Authors and Affiliations

  1. 1.Department of PhilosophyUniversidad Nacional de Cuyo and Consejo Nacional de Investigaciones Científicas y TécnicasMendozaArgentina

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