1st Edition

Ethics and Economic Theory

By Khalid Mir Copyright 2019
238 Pages
by Routledge

238 Pages
by Routledge

238 Pages
by Routledge

This book takes a multi-disciplinary critique of economics’ first principles: the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of economics, research agendas and policy analyses. The book argues that both the theoretical... Read more

Introduction

1. Needs and Scarcity

2. Rationality and Economic Theory

3. The Ethical Limits of Markets

4. Individualism and the Self

5. Motivations: Self-interest, Sympathy and Commitment

6. An Unequal World

7. Do Markets Crowd Out Ethics?

8. Climate Change and Ethics

9. Time and Economics

10. Civil Economy: Re-imagining an Ethical Economy

Biography

Khalid Mir is Associate Professor at the Department of Economics at Lahore University of Management Sciences (LUMS). He received his PhD from The University of Essex with a focus on child labour. He has an MSc from The London School of Economics and Political Science. His current interests lie in the relation between ethics, economics, and the environment.