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K souvislostem mezi ekonomií a etikou
[Relationship Between Economics and Ethics]

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  • Marie Bohatá

Abstract

The aim of the paper is twofold: to point out important milestones in the development of the relationship between ethics and economics, and to present some examples of approaches aiming at re-integrating disciplines often perceived as antagonistic. There is, however, a wide variety of concepts and views trying to bring both disciplines closer, and the paper gives the reader a taste of different points of view, especially those less known and not mirrored in the Czech economic literature. The author is of the view that these concepts could inspire reflections on and efforts to tackle economic and societal problems that are becoming increasingly complex and interdisciplinary. Despite many calls to develop holistic approaches to knowledge acquisition and dealing with complexity in the contemporary world, we are witnessing continuous specialization of individual scientific disciplines, including the detachment of economics and ethics.

Suggested Citation

  • Marie Bohatá, 2021. "K souvislostem mezi ekonomií a etikou [Relationship Between Economics and Ethics]," Politická ekonomie, Prague University of Economics and Business, vol. 2021(6), pages 708-721.
  • Handle: RePEc:prg:jnlpol:v:2021:y:2021:i:6:id:1335:p:708-721
    DOI: 10.18267/j.polek.1335
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    References listed on IDEAS

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    1. Williamson, Oliver E, 1973. "Markets and Hierarchies: Some Elementary Considerations," American Economic Review, American Economic Association, vol. 63(2), pages 316-325, May.
    2. Ulrich,Peter, 2008. "Integrative Economic Ethics," Cambridge Books, Cambridge University Press, number 9780521877961.
    3. Wörsdörfer, Manuel, 2013. "Individual versus Regulatory Ethics: An Economic-Ethical and Theoretical-Historical Analysis of German Neoliberalism," OEconomia, Editions NecPlus, vol. 2013(04), pages 523-557, December.
    4. Arrow, Kenneth J, 1994. "Methodological Individualism and Social Knowledge," American Economic Review, American Economic Association, vol. 84(2), pages 1-9, May.
    5. Sen, Amartya, 1993. "Does Business Ethics Make Economic Sense?," Business Ethics Quarterly, Cambridge University Press, vol. 3(01), pages 45-54, January.
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    More about this item

    Keywords

    Economics; ethics; rationality; efficiency;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925

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