Freedom, Responsibility and Economics of the Person

Freedom, Responsibility and Economics of the Person
Author: Jérôme Ballet
Publisher: Routledge
Total Pages: 229
Release: 2013-07-31
Genre: Business & Economics
ISBN: 1135140073

The capability approach has developed significantly since Amartya Sen was awarded the Nobel Prize in Economics in 1998. It is now recognised as being highly beneficial in the analysis of poverty and inequality, but also in the redefinition of policies aimed at improving the well-being of individuals. The approach has been applied within numerous sectors, from health and education to sustainable development, but beyond the obvious interest that it represents for the classical economics tradition, it has also encountered certain limitations. While acknowledging the undeniable progress that the approach has made in renewing the thinking on the development and well-being of a population, this book takes a critical stance. It focuses particularly on the approach’s inadequacy vis-à-vis the continental phenomenological tradition and draws conclusions about the economic analysis of development. In a more specific sense, it highlights the fact that the approach is too bound by standard economic logic, which has prevented it from taking account of a key ‘person’ dimension — namely, the ability of an individual to assume responsibility. As a result, this book advocates the notion that if the approach is used carelessly in relation to development policies, it can cause a number of pernicious effects, some of which may lead to disastrous consequences. Due to its multidisciplinary nature, this book will be of interest to those working in the fields of economics, philosophy, development studies and sociology.

Freedom, Responsibility and Economics of the Person

Freedom, Responsibility and Economics of the Person
Author: Jérôme Ballet
Publisher: Routledge
Total Pages: 192
Release: 2013-07-31
Genre: Business & Economics
ISBN: 1135139997

The capability approach has developed significantly since Amartya Sen was awarded the Nobel Prize in Economics in 1998. It is now recognised as being highly beneficial in the analysis of poverty and inequality, but also in the redefinition of policies aimed at improving the well-being of individuals. The approach has been applied within numerous sectors, from health and education to sustainable development, but beyond the obvious interest that it represents for the classical economics tradition, it has also encountered certain limitations. While acknowledging the undeniable progress that the approach has made in renewing the thinking on the development and well-being of a population, this book takes a critical stance. It focuses particularly on the approach’s inadequacy vis-à-vis the continental phenomenological tradition and draws conclusions about the economic analysis of development. In a more specific sense, it highlights the fact that the approach is too bound by standard economic logic, which has prevented it from taking account of a key ‘person’ dimension — namely, the ability of an individual to assume responsibility. As a result, this book advocates the notion that if the approach is used carelessly in relation to development policies, it can cause a number of pernicious effects, some of which may lead to disastrous consequences. Due to its multidisciplinary nature, this book will be of interest to those working in the fields of economics, philosophy, development studies and sociology.

Development as Freedom

Development as Freedom
Author: Amartya Sen
Publisher: Anchor
Total Pages: 385
Release: 2011-05-25
Genre: Business & Economics
ISBN: 030787429X

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

The Trouble with Paradise

The Trouble with Paradise
Author: Dr Robin Lincoln Wood
Publisher: AuthorHouse
Total Pages: 383
Release: 2014-07-04
Genre: Science
ISBN: 1496975073

Funny and insightful, The Trouble with Paradise is a delightful yet highly informative romp through the latest breakthroughs in science, psychology, popular culture and the history of humans and life on earth, with the ultimate aim of helping the reader make sense of their own life within the context of the exciting yet also alarming developments of the 21st century. Grabbing the hardest questions ever posed by the biggest thinkers on earth by the throat, as well as the toughest challenges of our time, The Trouble with Paradise is both an intellectual tour de force as well as a gripping read that dares to challenge almost everything we take for granted about life, the universe and everything. At the same time, this book builds a series of powerful arguments as to how our species can break through the current logjam it find itself in, to come out the other side transformed into a 21st century version of heaven on earth. Inspirational yet pragmatic, The Trouble with Paradise takes you on a journey of discovery from the edges of the Universe to the innermost recesses of the human psyche, answering some of the most profound questions we have ever asked in highly entertaining way.

The Economics of Freedom

The Economics of Freedom
Author: Frédéric Bastiat
Publisher:
Total Pages: 84
Release: 2021-09-10
Genre:
ISBN: 9781737723059

Students For Liberty and the Atlas Economic Research Foundation have published a new book, The Economics of Freedom: What Your Professors Won't Tell You. It features a feature a collection of Bastiat's best essays including such classics as "What is Seen and What is Not Seen" and "A Petition", along with contemporary essays by Nobel Laureate F.A. Hayek and Atlas Foundation Vice President Tom G. Palmer.

Joint Production and Responsibility in Ecological Economics

Joint Production and Responsibility in Ecological Economics
Author: Baumg‹rtner, S. Faber, M. Schiller, J.
Publisher: Edward Elgar Publishing
Total Pages: 393
Release: 2006-08-29
Genre: Business & Economics
ISBN: 1781007527

'. . . an ambitious and compelling book. . . provides a paradigmatic approach to ecological economics that - although based on familiar elements - is nonetheless fresh and original. . . It is a work that should be read by a diverse set of students and researchers interested in this field.' - Richard B. Howarth, Environmental Values

Qualitative Freedom - Autonomy in Cosmopolitan Responsibility

Qualitative Freedom - Autonomy in Cosmopolitan Responsibility
Author: Claus Dierksmeier
Publisher: Springer
Total Pages: 371
Release: 2019-01-18
Genre: Philosophy
ISBN: 3030047237

In the light of growing political and religious fundamentalism, this open access book defends the idea of freedom as paramount for the attempt to find common ethical ground in the age of globality. The book sets out to examine as yet unexhausted ways to boost the resilience of the principle of liberalism. Critically reviewing the last 200 years of the philosophy of freedom, it revises the principle of liberty in order to revive it. It discusses many different aspects that fall under its three main topics: the metaphysics of freedom, quantitative freedom and qualitative freedom. Open societies worldwide have come under increasing pressure in the last decades. The belief that politics and markets fare best when guided by the principle of liberty presently faces multiple challenges such as terrorism, climate warming, inequality, populism, and financial crises. In the view of its critics, the idea of freedom no longer offers adequate guidance to meet these challenges and should be partially corrected or even entirely replaced by countervailing values. Against the reduction of freedom to the merely quantitative question as to how much liberties individuals call their own, this book draws attention to the qualitative concerns which and whose opportunities society should foster. It argues that, correctly understood, the idea of liberty commits us to defend as well as advance the freedom of each and every world citizen.

The Positive and the Normative in Economic Thought

The Positive and the Normative in Economic Thought
Author: Sina Badiei
Publisher: Routledge
Total Pages: 279
Release: 2022-06-15
Genre: Business & Economics
ISBN: 1000604071

The book responds to the need for greater clarity regarding the relationship between descriptive, evaluative and prescriptive approaches within positive and normative economics. It also analyses the entanglement between evaluative and prescriptive perspectives within several theoretical frameworks in normative economics such as social choice theory, the capability approach, behavioural welfare economics and various theories of justice. It provides a forum for discussion between various schools of economic thought and several theoretical frameworks on the relationship between the study of facts, norms and values, with particular emphasis on classical political economy, the Marxian school of economics, the Frankfurt School, the Austrian school, the Chicago school, rational choice theory, expected utility theory, behavioural economics, experimental economics, development economics, welfare economics, public economics, constitutional political economy, the capability approach and politico-economic theories of justice. Given the scope of questions treated in this book, it will be of interest to economists, historians of economic thought, political philosophers and philosophers of science, especially those interested in the philosophy and epistemology of economics.

A New Economic Anthropology

A New Economic Anthropology
Author: François Régis Mahieu
Publisher: Taylor & Francis
Total Pages: 96
Release: 2023-03-10
Genre: Business & Economics
ISBN: 1000890325

Traditionally economic anthropology has been studied by sociologists, anthropologists, and philosophers seeking to highlight the social foundations of economic action. Meanwhile, anthropological questions have remained largely untreated in economics, despite the prominence given to the individual in microeconomics. And there is very little in the way of dialogue between the two sides. This book argues for a new economic anthropology which goes beyond the conflict of economics and anthropology to show the complementarity of the two approaches. Economics needs to go beyond the stage of homo oeconomicus and be open to broader ideas about the person. Equally, anthropology can be enriched through the methods and models of economic theory. This new economic anthropology goes beyond a simple observation of societies. It is new because it introduces the responsible person with a wider range of characteristics, in particular vulnerability and suffering, as a subject of economics. It is a particular interpretation of economic anthropology calling for a broadening of the subject (moving from the individual to the person), range of values (admission of negative values for altruism, social capital, responsibility), and disciplinary references. Through this approach, both economics and anthropology can be enriched. This book will be of great interest to those working in the fields of economics, anthropology, philosophy, and development studies.

Human Nature and the Discipline of Economics

Human Nature and the Discipline of Economics
Author: Patricia Donohue-White
Publisher: Lexington Books
Total Pages: 136
Release: 2002
Genre: Business & Economics
ISBN: 9780739101858

Foundations of Economic Personalism is a series of three book-length monographs, each closely examining a significant dimension of the Center for Economic Personalism's unique synthesis of Christian personalism and free-economic market theory. In the aftermath of the momentous geo-political and economic changes of the late 1980s, a small group of Christian social ethicists began to converse with free-market economists over the morality of market activity. This interdisciplinary exchange eventually led to the founding of a new academic subdiscipline under the rubric of economic personalism. These scholars attempt to integrate economic theory, history, and methodology with Christian personalism's stress upon human dignity, humane social structures, and social justice. This second volume in the series surveys the anthropological foundations to the disciplines of economics and moral theology. The first part of the book presents an overview of the German, French, and Polish branches of personalist thought. Particular attention is given to theological anthropology, especially as it is developed by such thinkers as Emmanuel Mounier, Max Scheler, Gabriel Marcel, Karol Wojtyla, and Emil Brunner. Part two surveys models of human nature that have been espoused by various schools of free-market thought-including mainstream neoclassical economics. In conclusion, the authors demonstrate how an expanded understanding of human nature can augment the ability of economic science to model and predict human behavior.