David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
This paper contrasts the value maximization norm of welfare economics that is central to law and economics in its prescriptive mode to the Aristotelian/Aquinian principles of Catholic social thought. The reluctance (or inability) of welfare economics and law and economics to make judgments about about utilities (or preferences) differs profoundly from the Catholic tradition (rooted in Aristotle as well as religious faith) of contemplation of the nature of the good. This paper also critiques the interesting argument by Stephen Bainbridge that homo economicus bears a certain affinity to fallen man, and that law and economics thus provides appropriate rules for a fallen world. From a Catholic perspective, the social vision of neo-classical economics and its progeny (welfare economics and law and economics) rests on a concept of human autonomy and a utilitarian concept of pleasure inconsistent with the Aristotelian and Aquinean concept of virtue and the conception of civic happiness articulated by Antonio Genovesi and other Catholic economists.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Thomas Mayer (1998). Boettke's Austrian Critique of Mainstream Economics: An Empiricist's Response. Critical Review 12 (1-2):151-171.
Tyler Cowen (1992). Law as a Public Good: The Economics of Anarchy. Economics and Philosophy 8 (02):249-267.
Susan Haack (2004). Science, Economics, 'Vision'. Social Research 71 (2):223-234.
Peter Joseph Hammer (ed.) (2003). Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care. Duke University Press.
Russell Hardin (1992). The Morality of Law and Economics. Law and Philosophy 11 (4):331 - 384.
Elizabeth Anderson (2001). Symposium on Amartya Sen's Philosophy: 2 Unstrapping the Straitjacket of ‘Preference’: A Comment on Amartya Sen's Contributions to Philosophy and Economics. Economics and Philosophy 17 (1):21-38.
Mark Chekola (2007). "Happiness" and Economics. The Proceedings of the Twenty-First World Congress of Philosophy 5:175-180.
Andrew Yuengert (2011). Economics and Interdisciplinary Exchange in Catholic Social Teaching and “Caritas in Veritate”. Journal of Business Ethics 100 (S1):41-54.
Added to index2009-01-28
Total downloads9 ( #246,261 of 1,725,584 )
Recent downloads (6 months)1 ( #349,436 of 1,725,584 )
How can I increase my downloads?