Economics, Ethics and Power: From Behavioural Rules to Global Structures (Routledge Frontiers of Political Economy) by Hasse Ekstedt
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Overview: Economic theory in its neoclassical form is sometimes regarded as free from values; it is simply the theory of economic exchange. This can only hold true if we accept the idea of “Homo Economicus” and the equilibrium economy. But in the real world, away from neoclassical models, there is no intrinsic stability as such. Instead, stability is created by the surrounding social, cultural and political structures. Clearly, it is imperative that ethics features in the analysis of these economic and socio-political structures.
Genre: Non-Fiction > General
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