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Mercato, regolazione ed etica: una nota in ricordo di Lilli Basile

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  • Ignazio Musu

Abstract

The financial and economic crisis has shown the unreality of the idea o market selfregulation and has reaffirmed the need of an appropriate regulation. The crisis has also shown that, in order for both the markets and the regulation to work properly, ethical values cannot be ignored. The relation between markets and ethics is not unidirectional. If the market behavior is moved by self-interest, there is a strong tendency of markets to neutralize the ethical values; this requires that the need for ethics is not only announced, but rooted in the economic agents. Three ethical values are analyzed: honesty, responsibility and solidarity.

Suggested Citation

  • Ignazio Musu, 2010. "Mercato, regolazione ed etica: una nota in ricordo di Lilli Basile," STUDI ECONOMICI, FrancoAngeli Editore, vol. 0(100), pages 175-189.
  • Handle: RePEc:fan:steste:v:html10.3280/ste2010-100010
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    More about this item

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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