Economics and Ethics

In Hugh LaFollette (ed.), International Encyclopedia of Ethics. Wiley-Blackwell (forthcoming)
Abstract
We identify three points of intersection between economics and ethics: the ethics of economics, ethics in economics and ethics out of economics. These points of intersection reveal three types of conversation between economists and moral philosophers that have produced, and may continue to produce, fruitful exchange between the disciplines.
Keywords ideal theory and non-ideal theory  method in normative theory  rational choice  business ethics  non-tuism  economic rationality  Adam Smith  public choice theory  moral motivation  optimization
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