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The Eclipse of Value-Free Economics. The concept of multiple self versus homo economicus

2021-03-30 Business & Economics
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Release : 2021-03-30
Genre : Business & Economics
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Book Rating : 534/5 ( reviews)

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Book Synopsis The Eclipse of Value-Free Economics. The concept of multiple self versus homo economicus by : Aleksander Ostapiuk

Download or read book The Eclipse of Value-Free Economics. The concept of multiple self versus homo economicus written by Aleksander Ostapiuk. This book was released on 2021-03-30. Available in PDF, EPUB and Kindle. Book excerpt: The books’ goal is to answer the question: Do the weaknesses of value-free economics imply the need for a paradigm shift? The author synthesizes criticisms from different perspectives (descriptive and methodological). Special attention is paid to choices over time, because in this area value-free economics has the most problems. In that context, the enriched concept of multiple self is proposed and investigated. However, it is not enough to present the criticisms towards value-free economics. For scientists, a bad paradigm is better than no paradigm. Therefore, the author considers whether value-based economics with normative approaches such as economics of happiness, capability approach, libertarian paternalism, and the concept of multiple self can be the alternative paradigm for value-free economics. This book is essential reading to everyone interested in the current state of economics as a discipline.

Collective Sustainable Consumption

2024-06-21 Business & Economics
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Release : 2024-06-21
Genre : Business & Economics
Kind : eBook
Book Rating : 790/5 ( reviews)

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Book Synopsis Collective Sustainable Consumption by : Anna Horodecka

Download or read book Collective Sustainable Consumption written by Anna Horodecka. This book was released on 2024-06-21. Available in PDF, EPUB and Kindle. Book excerpt: In the face of climate change and resulting environmental and social crises, sustainable consumption has become a widely discussed issue and a key plank of the UN’s Sustainable Development Goals (SDGs). The majority of the sustainable consumption research uses the SDG framework, but this only serves to reinforce an individualistic, efficiency-based approach and it does not sufficiently cover the specific situation of transition economies. In contrast, this volume promotes a collective approach to sustainable consumption, and combines general theoretical issues with empirical examples from the Polish economy. The first part of the book presents a theoretical approach to collective consumption which has the core concepts of justice and human nature at its heart. This approach emphasises the role of collective rationality and categorises aspects of sustainable consumption as a common and public good. The second part investigates diversified aspects of sustainability, including socio-economic inequalities as barriers to sustainable consumption, consumer sovereignty in the context of current legal regulations, and the impact on employees of changes to the types and conditions of work. It also examines the sharing economy and the legal conditions of its development. The third part adopts a political perspective focusing on the state policies enhancing the role of investment in public goods, analyses photovoltaic programmes which promote prosumption and indicates challenges to sustainability faced by many countries such as the energy crisis, sustainable finance, and cooperative platforms. This book will be of great interest to researchers and scholars interested in sustainability and consumption issues in economics, management, law, public administration, and political science.

The End of Value-Free Economics

2012-03-15 Business & Economics
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Release : 2012-03-15
Genre : Business & Economics
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Book Rating : 800/5 ( reviews)

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Book Synopsis The End of Value-Free Economics by : Hilary Putnam

Download or read book The End of Value-Free Economics written by Hilary Putnam. This book was released on 2012-03-15. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together key players in the current debate on positive and normative science and philosophy and value judgements in economics. Both editors have engaged in these debates throughout their careers from its early foundations; Putnam as a doctorial student of Hans Reichenbach at UCLA and Walsh a junior member of Lord Robbins’s department at the London School of Economics, both in the early 1950s. This book collects recent contributions from Martha Nussbaum, Amartya Sen and Partha Dasgupta, as well as a new chapter from the editors.

Capabilities and Happiness

2008-10-30 Business & Economics
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Release : 2008-10-30
Genre : Business & Economics
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Book Rating : 717/5 ( reviews)

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Book Synopsis Capabilities and Happiness by : Luigino Bruni

Download or read book Capabilities and Happiness written by Luigino Bruni. This book was released on 2008-10-30. Available in PDF, EPUB and Kindle. Book excerpt: Few would dispute that the well-being of individuals is one of the most desirable aims of human actions. However, approaches on how to define, measure, evaluate, and promote well-being differ widely. The conventional economic approach takes income (or the power to acquire market goods) as the most important indicator for well-being, and the utility function as the formal device for positive and normative analysis. However, this approach to well-being has been questioned for being seriously limited and other approaches have arisen. The capability approach to well-being, which has been developed during the last two decades by Amartya Sen and Martha Nussbaum, and the Happiness Approach to well-being, championed by Richard Easterlin, both provide an alternative. Both approaches come from different traditions and have developed independently, but nevertheless aim to overcome the rigid boundaries of the conventional economic approach to well-being. Given these common aims, it is surprising that little comparative work has been undertaken across these approaches. This book aims to correct this by providing the reader with contributions from leading names associated with both approaches, as well as contributions which evaluate the approaches and contrast one with the other.

From Pleasure Machines to Moral Communities

2013 Business & Economics
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Release : 2013
Genre : Business & Economics
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Book Rating : 715/5 ( reviews)

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Book Synopsis From Pleasure Machines to Moral Communities by : Geoffrey M. Hodgson

Download or read book From Pleasure Machines to Moral Communities written by Geoffrey M. Hodgson. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality. The complex interaction of morality and self-interest is at the heart of Geoffrey M. Hodgson’s approach to evolutionary economics, which is designed to bring about a better understanding of human behavior. In From Pleasure Machines to Moral Communities, Hodgson casts a critical eye on neoclassical individualism, its foundations and flaws, and turns to recent insights from research on the evolutionary bases of human behavior. He focuses his attention on the evolution of morality, its meaning, why it came about, and how it influences human attitudes and behavior. This more nuanced understanding sets the stage for a fascinating investigation of its implications on a range of pressing issues drawn from diverse environments, including the business world and crucial policy realms like health care and ecology. This book provides a valuable complement to Hodgson’s earlier work with Thorbjørn Knudsen on evolutionary economics in Darwin’s Conjecture, extending the evolutionary outlook to include moral and policy-related issues.

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