Handbook of Teaching Ethics to Economists

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Handbook of Teaching Ethics to Economists

A Plurality of Perspectives

9781802207156 Edward Elgar Publishing
Edited by Ioana Negru, Reader in Economics, Faculty of Economic Sciences, University "Lucian Blaga" Sibiu, Romania, Craig Duckworth, Senior Lecturer in Governance, Ethics and Economics, LSBU Business School, London South Bank University, London and Imko Meyenburg, Senior Lecturer in Economics and International Business, Anglia Ruskin University, UK
Publication Date: 2023 ISBN: 978 1 80220 715 6 Extent: 328 pp
Drawing on the knowledge of highly experienced academics, this authoritative Handbook explains how ethics can inform the teaching of economics. It includes state-of-the-art moral theory alongside traditional approaches to emphasise why ethics should be an important consideration for economic practitioners.

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Critical Acclaim
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Drawing on the knowledge of highly experienced academics, this authoritative Handbook explains how ethics can inform the teaching of economics. It includes state-of-the-art moral theory alongside traditional approaches to emphasise why ethics should be an important consideration for economic practitioners.

The Handbook of Teaching Ethics to Economists keenly demonstrates how economic analysis can reflect implicit moral judgements. Chapters include guidance on course design and lesson content, providing insight into important topics such as ecological and grassroots economics. They offer pedagogical advice alongside philosophical analyses, setting out teaching guidance and significant case-study profiles on key theories, such as Kantian and Aristotelian ethics. Importantly, they reflect on the potential of economics to cause harm and use ethics to mitigate this possibility.

This expansive Handbook will be essential for academics preparing to teach courses relating to ethics and economics. Due to its detailed explanations of the societal role of economics, students of economics and finance will additionally find this Handbook to be incredibly useful.
Critical Acclaim
‘Economists see “two roads”: the road taken, and the opportunity cost of the road not taken. In positivist-utilitarian economics, that is, the classrooms of most colleges and universities worldwide, these same “roads,” both heuristic and real, articulate economic decision-making and outcomes without any reference to ethics or ethical conflict. Negru, Duckworth and Meyenburg offer a much-needed corrective, a Handbook of Teaching Ethics to Economists, which will help to correct this sorry state of affairs.’
– Stephen T. Ziliak, Professor of Economics and Social Justice Studies, Roosevelt University, US

‘This important book balances criticisms of mainstream economics and its unrealistic dichotomy of positive and normative economics with alternative ethics perspectives. It can be seen as a response to the global Rethinking Economics student movement with its
demand for real-world economy teaching and pluralist perspectives in the classroom.’
– Irene van Staveren, Erasmus University Rotterdam, the Netherlands
Contributors
Contributors: Ferda Dönmez Atbaşi, Dennis Badeen, Peter Boettke, Malcolm Brady, David Colander, John B. Davis, George F. DeMartino, Wilfred Dolfsma, Craig Duckworth, María-Isabel Encinar, Michelle Meixieira Groenewald, Giancarlo Ianulardo, Imko Meyenburg, Jamie Morgan, Félix-Fernando Muñoz, Ioana Negru, Paolo Ramazzotti, Marta Rocchi, Stefano Solari, Irene Sotiropoulou, Aldo Stella, Huei-chun Su, Mark D. White, Jonathan B. Wight
Contents
Contents:

1 Introduction to the Handbook of Teaching Ethics to Economists 1
Ioana Negru, Craig Duckworth and Imko Meyenburg
2 The fate of moral philosophy in the age of economic scientism 13
Peter J. Boettke
3 Teaching economic harm to economists, in three diagrams 34
George DeMartino
4 Is it ethical to teach economics without ecological economics
in the context of a climate emergency? 48
Jamie Morgan
5 Accounting as applied ethics 68
Wilfred Dolfsma
6 Aristotle, Marx, and the ethical implications of the systemic
critique of capitalism 78
Dennis Badeen
7 Is it ethical to teach pluralist economics curricula, particularly
in the Global South? 90
Michelle Meixieira Groenewald
8 Articulating the social role of the economist: a synthesis of
Alfred North Whitehead’s philosophy of education and John
Maynard Keynes’s economics 113
Dennis Badeen
9 Teaching ethics in a decision-making module: a guide for lecturers 129
Malcolm Brady and Marta Rocchi
10 Ethics and grassroots economics: a quest for collective meaning 145
Ferda Dšnmez-Atbaşõ and Irene Sotiropoulou
11 Theoretical and ethical reductionism and the neglect of
subjectivity in economics and economic education 163
Giancarlo Ianulardo and Aldo Stella
12 On the analytical relationship between ethics and economics:
some implications for teaching ethics to economists 188
Félix-Fernando Muñoz and María-Isabel Encinar
13 Racism, the economy, and ethics: where does it all begin? 208
Paolo Ramazzotti
14 Keeping alive non-individualistic ethics in political economy:
a review of concepts from Aquinas to Habermas 226
Stefano Solari
15 Teaching ethics to economics students in one lesson 244
Huei-chun Su and David Colander
16 The kidney market debate: a retrospective on Becker and Elías 259
Jonathan B. Wight
17 A Kantian perspective on teaching ethics to economists 278
Mark D. White
18 Teaching economics and ethics 293
John B. Davis

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