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)
Abstract
This article discusses the possibility of an economic foundation for a work and savings ethic. In particular, James M. <span class='Hi'>Buchanan</span> 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 <span class='Hi'>Buchanan</span>’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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