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  1. The Other Economics Essay Competition: Why No Amartya Sen?Terence Rajivan Edward - manuscript
    Amartya Sen has recently told us how he feels he has not yet made his mark as an economist. I notice that he is strangely not named in the background information to an essay competition. It concerns why some nations are wealthy and others poor, names other economists, and even discusses freedom and capabilities. Here I address the question of why Sen is absent and, more generally, at risk of devaluation.
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  2. Respect for Subjects in the Ethics of Causal and Interpretive Social Explanation.Michael L. Frazer - forthcoming - American Political Science Review.
    Rival causal and interpretive approaches to explaining social phenomena have important ethical differences. While human actions can be explained as a result of causal mechanisms, as a meaningful choice based on reasons, or as some combination of the two, it is morally important that social scientists respect others by recognizing them as persons. Interpretive explanations directly respect their subjects in this way, while purely causal explanations do not. Yet although causal explanations are not themselves expressions of respect, they can be (...)
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  3. A Reformed Division of Labor for the Science of Well-Being.Roberto Fumagalli - forthcoming - Philosophy:1-35.
    This paper provides a philosophical assessment of leading theory-based, evidence-based and coherentist approaches to the definition and the measurement of well-being. It then builds on this assessment to articulate a reformed division of labor for the science of well-being and argues that this reformed division of labor can improve on the proffered approaches by combining the most plausible tenets of theory-based approaches with the most plausible tenets of coherentist approaches. This result does not per se exclude the possibility that theory-based (...)
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  4. Well-Being and Pluralism.Polly Mitchell & Anna Alexandrova - forthcoming - Journal of Happiness Studies.
    It is a commonly expressed sentiment that the science and philosophy of well-being would do well to learn from each other. Typically such calls identify mistakes and bad practices on both sides that would be remedied if scientists picked the right bit of philosophy and philosophers picked the right bit of science. We argue that the differences between philosophers and scientists thinking about well-being are more difficult to reconcile than such calls suggest, and that pluralism is central to this task. (...)
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  5. Values in Science: Assessing the Case for Mixed Claims.Uwe Peters - forthcoming - Inquiry: An Interdisciplinary Journal of Philosophy.
    Social and medical scientists frequently produce empirical generalizations that involve concepts partly defined by value judgments. These generalizations, which have been called ‘mixed claims’, raise interesting questions. Does the presence of them in science imply that science is value-laden? Is the value-ladenness of mixed claims special compared to other kinds of value-ladenness of science? Do we lose epistemically if we reformulate these claims as conditional statements? And if we want to allow mixed claims in science, do we need a new (...)
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  6. The Sharing Economy in Europe: Developments, Practices, and Contradictions.Vida Česnuitytė, Andrzej Klimczuk, Cristina Miguel & Gabriela Avram (eds.) - 2022 - Cham: Palgrave Macmillan.
    This open access book considers the development of the sharing and collaborative economy with a European focus, mapping across economic sectors, and country-specific case studies. It looks at the roles the sharing economy plays in sharing and redistribution of goods and services across the population in order to maximise their functionality, monetary exchange, and other aspects important to societies. It also looks at the place of the sharing economy among various policies and how the contexts of public policies, legislation, digital (...)
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  7. Capital and Ideology, Thomas Piketty. Translated by Arthur Goldhammer. Harvard University Press, 2020, Pp. Ix + 1093.Elizabeth Anderson - 2021 - Economics and Philosophy 37 (1):150-156.
  8. The Institutional Preconditions of Homo Economicus.Eduard Braun - 2021 - Journal of Economic Methodology 28 (2):231-246.
    Most economists are aware that homo economicus is not a ‘conception of man,’ but only a useful assumption. Still, homo economicus is usually interpreted as an assumption about individual agents. It...
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  9. The Option Value of Life.Susanne Burri - 2021 - Economics and Philosophy 37 (1):118-138.
    This paper argues that under conditions of uncertainty, there is frequently a positive option value to staying alive when compared to the alternative of dying right away. This value can make it prudentially rational for you to stay alive even if it appears highly unlikely that you have a bright future ahead of you. Drawing on the real options approach to investment analysis, the paper explores the conditions under which there is a positive option value to staying alive, and it (...)
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  10. Measuring Poverty Around the World, Anthony B. Atkinson. Princeton University Press, 2019, Xxvii + 464 Pages. [REVIEW]Lucio Esposito & Blanca Zuluaga - 2021 - Economics and Philosophy 37 (1):156-161.
  11. Values in Economics: A Recent Revival with a Twist.Magdalena Małecka - 2021 - Journal of Economic Methodology 28 (1):88-97.
    This article reviews the relatively recent trend in economic methodology that consists in bringing insights from the debate in philosophy of science on values in science in order to analyse value-l...
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  12. Co-Production and Economics: Insights From the Constructive Use of Experimental Games in Adaptive Resource Management.Michiru Nagatsu - 2021 - Journal of Economic Methodology 28 (1):134-142.
    I envision new directions in the methodology of experimental games in the field of developmental, environmental and resource economics. Although there have been extensive discussions on experimenta...
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  13. Economics and Community Knowledge-Making.Julie A. Nelson - 2021 - Journal of Economic Methodology 28 (1):107-113.
    Knowledge-making is a social activity. In this essay, I discuss how the economics discipline may be becoming a bit more cognizant of this fact, even though it goes against a long habit of imagining...
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  14. Democratic Values: A Better Foundation for Public Trust in Science.S. Andrew Schroeder - 2021 - British Journal for the Philosophy of Science 72 (2):545-562.
    There is a growing consensus among philosophers of science that core parts of the scientific process involve non-epistemic values. This undermines the traditional foundation for public trust in science. In this article I consider two proposals for justifying public trust in value-laden science. According to the first, scientists can promote trust by being transparent about their value choices. On the second, trust requires that the values of a scientist align with the values of an individual member of the public. I (...)
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  15. Reciprocity and the Art of Behavioural Public Policy, Adam Oliver. Cambridge University Press, 2019, Xvii + 194 Pages. - Escaping Paternalism: Rationality, Behavioural Economics and Public Policy, Mario J. Rizzo and Glen Whitman. Cambridge University Press, 2020, Xii + 496 Pages. [REVIEW]Robert Sugden - 2021 - Economics and Philosophy 37 (1):139-144.
  16. Normes et normativité en économie.Antoinette Baujard, Judith Favereau & Charles Girard - 2020 - Revue de Philosophie Économique 21 (1):3.
    Abstract : This introduction to a special issue on "Normes and normativity" emphasizes the difficulties and challenges of distinguishing between a positive approach and a normative approach to norms in economics. Collective life is organized by norms, however the mere fact that they regularly influence behaviours does not imply their desirability. A strict description of norms may require consideration of ethical issues, which may be reported by different methods; choosing among norms however is an activity of a fundamentally normative nature, (...)
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  17. Technology, Society, and Performativity: On a New Book by Nicolas Brisset.Ivan Boldyrev - 2020 - Journal of Economic Methodology 27 (3):269-273.
    In a decisive episode of Quentin Tarantino’s Django Unchained a former slave, Django Freeman, and his patron Dr. Schultz finally manage to buy Broomhilda, Django’s wife, and thus to free her from t...
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  18. BLOG: Which Option is Best for Me? A Values-Based Proposal for Behavioral Economists.C. Tyler DesRoches - 2020 - Justice Everywhere: A Blog About Philosophy in Public Affairs.
  19. Measuring the Global Burden of Disease: Philosophical Dimensions.Nir Eyal, Samia A. Hurst, Christopher J. L. Murray, S. Andrew Schroeder & Daniel Wikler (eds.) - 2020 - New York, USA: Oup Usa.
    The Global Burden of Disease Study is one of the largest-scale research collaborations in global health, producing critical data for researchers, policy-makers, and health workers about more than 350 diseases, injuries, and risk factors. Such an undertaking is, of course, extremely complex from an empirical perspective. But it also raises complex ethical and philosophical questions. In this volume, a group of leading philosophers, economists, epidemiologists, and policy scholars identify and discuss these philosophical questions. Better appreciating the philosophical dimensions of a (...)
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  20. Self-Control, Decision Theory, and Rationality – New Essays.James D. Grayot - 2020 - Journal of Economic Methodology 27 (2):184-189.
    Volume 27, Issue 2, June 2020, Page 184-189.
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  21. Crashed: How a Decade of Financial Crises Changed the World. Adam Tooze. New York, Viking, 2018.Emmanuel Guerisoli - 2020 - Constellations 27 (1):158-160.
  22. To Incriminate, to Apologize or to Excuse? Finance and the Uncertainty Conundrum.Daniel Seabra Lopes - 2020 - Journal of Economic Methodology 28 (2):247-249.
    Let us suppose we could simply divide all social scientists studying finance into two main ideal-types: those who, writing from an anti-capitalistic perspective, are critically destructive; and tho...
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  23. Mathematical Analysis as a Source of Mainstream Economic Ideology.Vlassis Missos - 2020 - Economic Thought 9 (1):72.
    The paper contends that neoclassical ideology stems, to a great extent, from mathematical analysis. It is suggested that mainstream economic thought can be comprehensively revisited if both histories of mathematical and economic thought are to be taken collaboratively into account. Ideology is understood as a 'social construction of reality' that prevents us from evaluating our own standpoint, and impedes us from realising our value judgments as well as our theories of society and nature. However, the mid-19th century's intellectual controversies about (...)
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  24. Value-Free Paradise is Lost. Economists Could Learn From Artists.Aleksander Ostapiuk - 2020 - Annales. Ethics in Economic Life 23 (4):7-33.
    Despite the conclusions from the contemporary philosophy of science, many economists cherish the ideal of positive science. Therefore, value-free economics is still the central paradigm in economics. The first aim of the paper is to investigate economics' axiomatic assumptions from an epistemological perspective. The critical analysis of the literature shows that the positive-normative dichotomy is exaggerated. Moreover, value-free economics is based on normative foundations that have a negative impact on individuals and society. The paper's second aim is to show that (...)
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  25. The Eclipse of Value-Free Economics. The Concept of Multiple Self Versus Homo Economicus.Aleksander Ostapiuk - 2020 - Wrocław, Polska: Publishing House of Wroclaw University of Economics and Business.
    The books’ goal is to answer the question: Do the weaknesses of value-free economics imply the need for a paradigm shift? The author synthesizes criticisms from different perspectives (descriptive and methodological). Special attention is paid to choices over time, because in this area value-free economics has the most problems. In that context, the enriched concept of multiple self is proposed and investigated. However, it is not enough to present the criticisms towards value-free economics. For scientists, a bad paradigm is better (...)
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  26. What Is Economic Liberty?Tom O’Shea - 2020 - Philosophical Topics 48 (2):203-222.
    Economic liberty is best understood in opposition to economic domination. This article develops a radical republican conception of such domination. In particular, I argue that radical republicanism provides a more satisfactory account of individual economic freedom than the market-friendly liberties of working, transacting, holding, and using championed by Nickel and Tomasi. So too, it avoids the pitfalls of other conceptions of economic liberty which emphasize real freedom, alternatives to immiserating work, or unalienated labor. The resulting theory holds that economic domination (...)
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  27. Economics' Wisdom Deficit and How to Reduce It.John F. Tomer - 2020 - Economic Thought 9 (2):24.
    As is well understood, the values inherent in the dominant neoclassical economic paradigm are self- interest and optimisation. These are the values that guide individuals and policymakers in advanced capitalist economies in their economic decision making. As a consequence, the economics discipline, arguably, is insufficiently oriented to helping people and organisations make wise choices, choices about what is really and truly in people's best interests. In other words, there is strong reason to believe that economics has a wisdom deficit. This (...)
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  28. Built-in Normativity in Tailoring Identity: The Case of the EU Skills Profile Tool for Integrating Refugees.Merve Burnazoglu - 2019 - Journal of Economic Methodology 27 (2):117-129.
    ABSTRACTIn current European policy debates, identifying refugee skills is considered to be a significant precondition for matching refugees and jobs and thus for labor market integration. Refugees...
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  29. Epistemic and Non-Epistemic Values in Economic Evaluations of Public Health.Alessandra Cenci & M. Azhar Hussain - 2019 - Journal of Economic Methodology 27 (1):66-88.
    We review methods for economic evaluation recently developed in health economics by focusing on the epistemic and non-epistemic values they embody. The emphasis is on insights into valuing health,...
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  30. Beyond ‘Having Reason to Value’: Why We Should Adopt a Procedure-Independent and Value-Neutral Definition of Capabilities.Morten Fibieger Byskov - 2019 - Journal of Economic Methodology 27 (1):18-35.
    ABSTRACTSen has famously defined the notion of capabilities as the doings and beings that we ‘have reason to value,’ which is still widely regarded within the capability literature as the correct o...
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  31. The Social Cost of Carbon: Valuing Inequality, Risk, and Population for Climate Policy.Marc Fleurbaey, Maddalena Ferranna, Mark Budolfson, Francis Dennig, Kian Mintz-Woo, Robert Socolow, Dean Spears & Stéphane Zuber - 2019 - The Monist 102 (1):84-109.
    We analyze the role of ethical values in the determination of the social cost of carbon, arguing that the familiar debate about discounting is too narrow. Other ethical issues are equally important to computing the social cost of carbon, and we highlight inequality, risk, and population ethics. Although the usual approach, in the economics of cost-benefit analysis for climate policy, is confined to a utilitarian axiology, the methodology of the social cost of carbon is rather flexible and can be expanded (...)
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  32. Ethics of the Scientist Qua Policy Advisor: Inductive Risk, Uncertainty, and Catastrophe in Climate Economics.David Frank - 2019 - Synthese:3123-3138.
    This paper discusses ethical issues surrounding Integrated Assessment Models (IAMs) of the economic effects of climate change, and how climate economists acting as policy advisors ought to represent the uncertain possibility of catastrophe. Some climate economists, especially Martin Weitzman, have argued for a precautionary approach where avoiding catastrophe should structure climate economists’ welfare analysis. This paper details ethical arguments that justify this approach, showing how Weitzman’s “fat tail” probabilities of climate catastrophe pose ethical problems for widely used IAMs. The main (...)
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  33. Hierarchical Inconsistencies: A Critical Assessment of Justification.Juozas Kasputis - 2019 - Economic Thought 8 (2):1-12.
    The existential insecurity of human beings has induced them to create protective spheres of symbols: myths, religions, values, belief systems, theories, etc. Rationality is one of the key factors contributing to the construction of civilisation in technical and symbolic terms. As Hankiss has emphasised, protective spheres of symbols may collapse – thus causing a profound social crisis. Social and political transformations had a tremendous impact at the end of the 20th century. As a result, management theories have been revised in (...)
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  34. Evidence-Based Policy: The Tension Between the Epistemic and the Normative.Donal Khosrowi & Julian Reiss - 2019 - Critical Review: A Journal of Politics and Society 31 (2):179-197.
    Acceding to the demand that public policy should be based on “the best available evidence” can come at significant moral cost. Important policy questions cannot be addressed using “the best available evidence” as defined by the evidence-based policy paradigm; the paradigm can change the meaning of questions so that they can be addressed using the preferred kind of evidence; and important evidence that does not meet the standard defined by the paradigm can get ignored. We illustrate these problems in three (...)
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  35. The Normative Decision Theory in Economics: A Philosophy of Science Perspective. The Case of the Expected Utility Theory.Magdalena Małecka - 2019 - Journal of Economic Methodology 27 (1):36-50.
    This article analyses how normative decision theory is understood by economists. The paradigmatic example of normative decision theory, discussed in the article, is the expected utility theory. It...
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  36. The Ideological Matrix of Science: Natural Selection and Immunity as Case Studies.Agustin Ostachuk - 2019 - Cosmos and History: The Journal of Natural and Social Philosophy 15 (1):182-213.
    The modern concept of ideology was established by the liberal politician and philosopher Destutt de Tracy, with the objective of creating an all-embracing and general science of ideas, which followed the sensualist and empiricist trend initiated by Locke that culminated in the positivism of Comte. Natural selection and immunity are two key concepts in the history of biology that were strongly based on the Malthusian concept of struggle for existence. This concept wrongly assumed that population grew faster than the means (...)
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  37. Droga ekonomii wolnej od wartościowania do epistemologicznej pychy. Użycie i nadużycie matematyki przez ekonomistów.Aleksander Ostapiuk - 2019 - Philosophical Problems in Science 67:153-202.
    The goal of the article is to substantiate that despite the criticism the paradigm in economics will not change because of the axiomatic assumptions of value-free economics. How these assumptions work is demonstrated on the example of Gary Becker’s economic approach which is analyzed from the perspective of scientific research programme. The author indicates hard core of economic approach and the protective belt which makes hard core immune from any criticism. This immunity leads economists to believe that they are objective (...)
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  38. Which Values Should Be Built Into Economic Measures?S. Andrew Schroeder - 2019 - Economics and Philosophy 35 (3):521-536.
    Many economic measures are structured to reflect ethical values. I describe three attitudes towards this: maximalism, according to which we should aim to build all relevant values into measures; minimalism, according to which we should aim to keep values out of measures; and an intermediate view. I argue the intermediate view is likely correct, but existing versions are inadequate. In particular, economists have strong reason to structure measures to reflect fixed, as opposed to user-assessable, values. This implies that, despite disagreement (...)
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  39. Economics, Law, Humanities: Homo-What? An Introduction.Paolo Silvestri - 2019 - Teoria E Critica Della Regolazione Sociale 19 (2):7-14.
    This introduction explains the reasons behind this Special issue and discuss the organization and content of it. The difficulty of a genuine dialogue and understanding between economics, law and humanities, seems to be due not only to the fragmentation of reflections on man, but to a real ‘conflict of anthropologies’. What kind of conceptions of man and human values are presupposed by and / or privileged by economics, law, economic approaches to law and social sciences? How and when do these (...)
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  40. On the (Methodological) Future of Law and Economics. The Uneasy Burden of Value Judgments and Normativity.Paolo Silvestri - 2019 - Global Jurist 19 (3):1-17.
    Taking as its starting-point Guido Calabresi’s latest book – The Future of Law and Economics – the present article aims to explore the often neglected issue of value judgments and normativity in Law and Economics. I will show the importance of enquiring Calabresi’s methodological distinction between Law and Economics and Economic Analysis of Law and the related bilateralism thesis in order to understand the problematic relationship between methodological value judgments and ethical value judgments, the ‘distance’ between Calabresi and Posner and (...)
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  41. Toward an Ontology of Commercial Exchange.Jonathan Vajda, Eric Merrell & Barry Smith - 2019 - In Proceedings of the Joint Ontology Workshops (JOWO), Graz.
    In this paper we propose an Ontology of Commercial Exchange (OCE) based on Basic Formal Ontology. OCE is designed for re-use in the Industrial Ontologies Foundry (IOF) and in other ontologies addressing different aspects of human social behavior involving purchasing, selling, marketing, and so forth. We first evaluate some of the design patterns used in the Financial Industry Business Ontology (FIBO) and Product Types Ontology (PTO). We then propose terms and definitions that we believe will improve the representation of contractual (...)
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  42. Two Moral Arguments for a Global Social Cost of Carbon.Kian Mintz-Woo - 2018 - Ethics, Policy and Environment 21 (1):60-63.
    [Comment] Donald Trump’s executive order on energy limits the costs and benefits of carbon to domestic sources. The argument for this executive order is that carbon policies should not be singled out from other policies as globally inclusive. Two independent arguments are offered for adopting a global social cost of carbon. The first is based on reinforcing norms in the face of commons tragedies. The second is based on the limitations of consequentialist analyses. We can distinguish consequences for which probabilistic (...)
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  43. Les origines de la distinction entre positif et normatif en économie.Philippe Mongin - 2018 - Revue Philosophique De Louvain 116 (2):151–186.
    Abstract: Economists are accustomed to distinguishing between a positive and a normative component of their work, a distinction that is peculiar to their field, having no exact counterpart in the other social sciences. The distinction has substantially changed over time, and the different ways of understanding it today are reflective of its history. Our objective is to trace the origins and initial forms of the distinction, from the English classical political economy of the first half of the 19th century to (...)
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  44. Is Consistency Overrated?S. Andrew Schroeder - 2018 - Journal of Medical Ethics 44 (3):199-200.
    In their insightful article, ‘The Disvalue of Death in the Global Burden of Disease’, Solberg et al argue that there is a potential incoherence in the way disability-adjusted life years are calculated. Morbidity is measured in years lived with disability in a way quite unlike the way mortality is measured in years of life lost. This potentially renders them incommensurable, like apples and oranges, and makes their aggregate—DALYs—conceptually unsound. The authors say that it is ‘vital’ to address this problem, that (...)
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  45. Trust, Trade, and Moral Progress.Jonny Anomaly - 2017 - Social Philosophy and Policy 34 (2):89-107.
  46. Early Modern Political Philosophies and the Shaping of Political Economy.Sergio Volodia Marcello Cremaschi - 2017 - Routledge Historical Resources. History of Economic Thought.
    In the course of the eighteenth and nineteenth centuries the paradigm of a new science, political economy, was established. It was a science distinct from the Aristotelian sub-disciplines of practical philosophy named oikonomía and politiké, and emphasis on its character of science not unlike the natural sciences – still called ‘natural philosophy’ – mirrored precisely a willingness to stress its autonomy from two other sub-disciplines of practical philosophy, that is, ethics and politics. However, the new science resulted from a transformation (...)
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  47. Transformable Goods and the Limits of What Money Can Buy.David G. Dick - 2017 - Moral Philosophy and Politics 4 (1):121-140.
    There are some things money literally cannot buy. Invariably transformable goods are such things because when they are exchanged for money, they become something else. These goods are destroyed rather than transferred in monetary exchanges. They mark out an impassable limit beyond which money and the market cannot reach. They cannot be for sale, in the strongest and most literal sense. Variably transformable goods are similar. They can be destroyed when offered or exchanged for money, but they differ in their (...)
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  48. Umweltmanagement und Rationalität. Der Schatten von VW: Betrieblicher Umweltschutz auf dem Prüfstand.Kay Herrmann - 2017 - WiSt 4 (2017):47-49.
    Economic pressures, mounting environmental, security and health requirements, are all critical factors that shape economic action. With regard to environmental protection, an economic entity acting as homo oeconomicus finds himself in a situation resembling a prisoner’s dilemma. Signposts for a possible resolution of this dilemma include an environmental management system, a system of environmental law based on the principles of environmental ethics, and a new conception of human nature.
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  49. Climate Change Mitigation, Sustainability and Non-Substitutability.Säde Hormio - 2017 - In Adrian Walsh, Säde Hormio & Duncan Purves (eds.), The Ethical Underpinnings of Climate Economics. London, UK: pp. 103-121.
    Climate change policy decisions are inescapably intertwined with future generations. Even if all carbon dioxide emissions were to be stopped today, most aspects of climate change would persist for hundreds of years, thus inevitably raising questions of intergenerational justice and sustainability. -/- The chapter begins with a short overview of discount rate debate in climate economics, followed by the observation that discounting implicitly makes the assumption that natural capital is always substitutable with man-made capital. The chapter explains why non-substitutability matters (...)
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  50. Pure Time Preference in Intertemporal Welfare Economics.J. Paul Kelleher - 2017 - Economics and Philosophy 33 (3):441-473.
    Several areas of welfare economics seek to evaluate states of affairs as a function of interpersonally comparable individual utilities. The aim is to map each state of affairs onto a vector of individual utilities, and then to produce an ordering of these vectors that can be represented by a mathematical function assigning a real number to each. When this approach is used in intertemporal contexts, a central theoretical question concerns the evaluative weight to be applied to utility coming at different (...)
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