The Values of Economics

An Aristotelian Perspective

Business & Finance, Economics, Theory of Economics
Cover of the book The Values of Economics by Irene van Staveren, Taylor and Francis
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Author: Irene van Staveren ISBN: 9781134548699
Publisher: Taylor and Francis Publication: March 7, 2013
Imprint: Routledge Language: English
Author: Irene van Staveren
ISBN: 9781134548699
Publisher: Taylor and Francis
Publication: March 7, 2013
Imprint: Routledge
Language: English

In his Ethics, Aristotle argued that human beings try to further a variety of values by balancing them, stating that people try to find a middle road between excess and deficiency. The author develops and applies this idea to the values of economics, arguing that in the economy; freedom, justice and care are also balanced to further ends with scarce means. Freedom is furthered through market exchange, justice through a redistributive role of the state, and care through mutual gifts of labour and sharing of resources in the economy.
The book argues that economics is, and has always been, about human values, which guide, enable, constrain and change economic behaviour.

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In his Ethics, Aristotle argued that human beings try to further a variety of values by balancing them, stating that people try to find a middle road between excess and deficiency. The author develops and applies this idea to the values of economics, arguing that in the economy; freedom, justice and care are also balanced to further ends with scarce means. Freedom is furthered through market exchange, justice through a redistributive role of the state, and care through mutual gifts of labour and sharing of resources in the economy.
The book argues that economics is, and has always been, about human values, which guide, enable, constrain and change economic behaviour.

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