The Oxford Handbook of Professional Economic Ethics

This volume brings together leading figures in economics, professional ethics, and other relevant fields to explore questions related to the nature of ethical economic practice and the adoption and content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of inquiry into economic ethics.

Informationen zum Autor George F. DeMartino is a Professor of International Economics and Co-Director of the program in Global Finance, Trade, and Economic Integration in the Josef Korbel School of International Studies at the University of Denver.Deirdre N. McCloskey is UIC Distinguished Professor of Economics and History, Professor of English, and Professor of Communication, Emerita, at the University of Illinois at Chicago. Klappentext This volume brings together leading figures in economics, professional ethics, and other relevant fields to explore questions related to the nature of ethical economic practice and the adoption and content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of inquiry into economic ethics. Zusammenfassung For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of "professionalism " and its implications for ethical practice. Inhaltsverzeichnis Foreword William Easterly PART I: INTRODUCTION 1. Introduction, or Why This Handbook? George F. DeMartino and Deirdre N. McCloskey PART II: UNCERTAINTY, RISK AND PROFESSIONAL ECONOMIC ETHICS 2. The Skin in the Game Heuristic for Protection Against Tail Events Nassim Nicholas Taleb and Constantine Sandis 3. The Ethics of Economic Decision Rules Sven Ove Hansson 4. In Praise of Imperfect Commitment: An Ethic of Power, Professionalism, and Risk Sharon D. Welch 5. 'Econogenic Harm': On the Nature of and Responsibility for the Harm Economists Do as They Try to Do Good George F. DeMartino PART III: THE ETHICAL NATURE OF ECONOMIC PRACTICE 6. About Doing the Right Thing as an Academic Economist Erwin Dekker and Arjo Klamer 7. The Social Responsibility of Economists Peter J. Boettke and Kyle W. O'Donnell 8. The Ethical Economist: Duty and Virtue in the Scientific Process Jonathan B. Wight PART IV: THE ETHICAL ENTAILMENTS OF ECONOMIC THEORY 1. General Issues 9. Ethics in Relation to Economics, Ecology, and Eschatology Herman Daly 10. Poisoning the Well, or How Economic Theory Damages Moral Imagination Julie A. Nelson 11. Economists' Odd Stand on the Positive-Normative Distinction: A Behavioral Economics View John B. Davis 12. The Complex Ethical Con...

Auteur
George F. DeMartino is a Professor of International Economics and Co-Director of the program in Global Finance, Trade, and Economic Integration in the Josef Korbel School of International Studies at the University of Denver. Deirdre N. McCloskey is UIC Distinguished Professor of Economics and History, Professor of English, and Professor of Communication, Emerita, at the University of Illinois at Chicago.

Résumé
For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of "professionalism " and its implications for ethical practice.

Contenu

• Foreword

• William Easterly

• PART I: INTRODUCTION

• 1. Introduction, or Why This Handbook?

• George F. DeMartino and Deirdre N. McCloskey

• PART II: UNCERTAINTY, RISK AND PROFESSIONAL ECONOMIC ETHICS

• 2. The Skin in the Game Heuristic for Protection Against Tail Events

• Nassim Nicholas Taleb and Constantine Sandis

• 3. The Ethics of Economic Decision Rules

• Sven Ove Hansson

• 4. In Praise of Imperfect Commitment: An Ethic of Power, Professionalism, and Risk

• Sharon D. Welch

• 5. 'Econogenic Harm': On the Nature of and Responsibility for the Harm Economists Do as They Try to Do Good

• George F. DeMartino

• PART III: THE ETHICAL NATURE OF ECONOMIC PRACTICE

• 6. About Doing the Right Thing as an Academic Economist

• Erwin Dekker and Arjo Klamer

• 7. The Social Responsibility of Economists

• Peter J. Boettke and Kyle W. O'Donnell

• 8. The Ethical Economist: Duty and Virtue in the Scientific Process

• Jonathan B. Wight

• PART IV: THE ETHICAL ENTAILMENTS OF ECONOMIC THEORY

• 1. General Issues
• 9. Ethics in Relation to Economics, Ecology, and Eschatology

• Herman Daly

• 10. Poisoning the Well, or How Economic Theory Damages Moral Imagination

• Julie A. Nelson

• 11. Economists' Odd Stand on the Positive-Normative Distinction: A Behavioral Economics View

• John B. Davis

• 12. The Complex Ethical Consequences of "Simple " Theoretical Choices

• Robe…