An economic rationale for a work and savings ethic? J. Buchanan's late works and business ethics

Journal of Business Ethics 66 (1):43-51 (2006)
This article discusses the possibility of an economic foundation for a work and savings ethic. In particular, James M. Buchanan has, in his late works, endorsed traditional ‘Puritan’ demands for working and saving more, while arguing that this is beneficial for all members of a society. I will question Buchanan ’s analysis of the ‘Puritan’ ethic both in normative and methodological respects before aiming at a constructive interpretation
Keywords work ethic  savings ethic  James M. Buchanan  contractualism  ethics and economics
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