TY  - BOOK
AU  - Chiotis,Vangelis
TI  - The morality of economic behaviour: economics as ethics 
T2  - Routledge inem advances in economic methodology
SN  - 9780815347736
AV  - HB72 .C465 2020
U1  - 174.4 CHI 23
PY  - 2020///
CY  - New York
PB  - Routledge
KW  - Economics
KW  - Moral and ethical aspects
KW  - Ethics
KW  - Economic aspects
KW  - Rational choice theory
N1  - Includes bibliographical references and index; Contents
Chapter 1 - Introduction
Chapter 2 - Rational Morality in Economics
Chapter 3 - Moral Economics: Constrained Maximisation
Chapter 4 - Sociability
Chapter 5 - Intertemporality
Chapter 6 - Information Symmetry
Chapter 7 - Ethics, Justice and Profit
N2  - "The links between self-interest and morality have been examined in moral philosophy since Plato. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith. Examining moral philosophy through the framework provided by economics offers new insights into both disciplines and the discussion on the origins and nature of morality. The Morality of Economic Behaviour: Economics as Ethics argues that moral behaviour does not need to be exogenously encouraged or enforced because morality is a side effect of interactions between self-interested agents. The argument relies on two important parameters: behaviour in a social environment and the effects of intertemporal choice on rational behaviour. Considering social structures and repeated interactions on rational maximisation allows an argument for the morality of economic behaviour. Amoral agents interacting within society can reach moral outcomes. Thus, economics becomes a synthesis of moral and rational choice theory bypassing the problems of ethics in economic behaviour whilst promoting moral behaviour and ethical outcomes. This approach sheds new light on practical issues such as economic policy, business ethics and social responsibility. This book is of interest primarily to students of politics, economics and philosophy but will also appeal to anyone who is interested in morality and ethics, and their relationship with self-interest"--
ER  -