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Crisis and Ethics (In French)

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Author Info
Philippe JEANNIN (LEREPS-GRES)
Abstract

First part: Finance is built on a three-dimension risk: risk is measured, assessed, aggregated. If the economics of the crisis encourage reform and relaunch, it is also the sign of a crisis of economics. Two lessons can be drawn: avoid absurd risk -a fourth and often forgotten dimension of risk- and come back to the ethical basis of economics. Second part: Based on the works of Christian Arnsperger, an ethics of economics is encouraged, mainly because of the often called upon notions of value and rationality. It allows for a combination of methodological individualism and holism.

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File URL: http://cahiersdugres.u-bordeaux4.fr/2009/2009-03.pdf
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Publisher Info
Paper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2009-03.

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Date of creation: 2009
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Handle: RePEc:grs:wpegrs:2009-03

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Web page: http://gres.u-bordeaux4.fr/
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Related research
Keywords: Crisis; Finance; Risk; Ethics; Epistemology;

Find related papers by JEL classification:
G01 - Financial Economics - - General - - - Financial Crises
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches

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This page was last updated on 2009-11-27.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.