Ethics in economics: lessons from human subjects research

Erasmus Journal for Philosophy and Economics 5 (1):24-44 (2012)
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Many economists, it is said, “are inclined to deny that moral philosophy has anything to do with economics” . In this paper I challenge such inclinations bydrawing an analogy between economic interventions and humansubjects research. It is undeniable that investigators engaged in thelatter should adhere to specific ethical principles. I argue that analogousfeatures of economic interventions should lead us to recognise thatsimilar ethical concerns actually arise in both activities, and thusthat economic interventions should also be conducted in accordancewith ethical principles. By exploring the analogy further I formulatesome ethical guidelines for economic practice, which in turn imply thatethical responsibilities will extend to all members of the economicsprofession



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Just Health: Meeting Health Needs Fairly.Norman Daniels - 2007 - Cambridge University Press.
How Experiments End.P. Galison - 1990 - Synthese 82 (1):157-162.
How Experiments End.Peter Galison - 1988 - British Journal for the Philosophy of Science 39 (3):411-414.

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