Los fundamentos morales de la economía: una relectura del problema de Adam Smith
AbstractThis paper offers a reinterpretation of “Adam Smith’s problem” and reconsiders the relation between ethics and economics. It makes a critical revision of the attempts that seek to solve this problem, proposes an alternative framework constructed on the Smithian concepts of sympathy and the impartial spectator, and shows that morality understood as an extension of sympathy relations, constitutes a precondition for the market existence. The analysis clarifies that morality is the base of the economic system and, at the same time, the economic system limits morality.
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Bibliographic InfoArticle provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.
Volume (Year): 9 (2007)
Issue (Month): 16 (January-June)
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More information through EDIRC
ethics; economy; Adam Smith; sympathy;
Find related papers by JEL classification:
- A10 - General Economics and Teaching - - General Economics - - - General
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Elias L. KHALIL, 2001.
"Adam Smith and Three Theories of Altruism,"
Discussion Papers (REL - Recherches Economiques de Louvain)
2001044, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Sally, David, 2001. "On sympathy and games," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 1-30, January.
- Cory, Gerald Jr., 2006. "A behavioral model of the dual motive approach to behavioral economics and social exchange," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(4), pages 592-612, August.
- David Sally, 2002. "Two Economic Applications of Sympathy," Journal of Law, Economics and Organization, Oxford University Press, vol. 18(2), pages 455-487, October.
- Becker, Gary S, 1981. "Altruism in the Family and Selfishness in the Market Place," Economica, London School of Economics and Political Science, vol. 48(189), pages 1-15, February.
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