George F. Demartino

The Economist's Oath (eBook, PDF)

On the Need for and Content of Professional Economic Ethics

• Format: PDF

Produktbeschreibung

Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work. The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist." The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.

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Produktdetails

• Verlag: Oxford University Press
• Erscheinungstermin: 26. Januar 2011
• Englisch
• ISBN-13: 9780199813438
• Artikelnr.: 38128502

Autorenporträt

George F. DeMartino is Professor of Economics at the Josef Korbel School of International Studies at the University of Denver. He writes widely on ethics and economics, as well as labor issues and political economy theory. He is the author of Global Economy, Global Justice: Theoretical Objections and Policy Alternatives to Neoliberalism.

Inhaltsangabe

* 1: "I Do Solemnly Swear"
* 2: Economics in Practice: What do Economists Do?
* 3: Ethical Challenges Confronting the Applied Economist
* 4: Historical Perspective: "Don't Predict the Interest Rate!"
* 5: Interpreting the Silence: The Economic Case against Professional
Economic Ethics
* 6: The Economic Case against Professional Economic Ethics: A Rebuttal
* 7: The Positive Case for Professional Economic Ethics
* 8: Learning from Others: Ethical Thought Across the Professions
* 9: Economists as Social Engineers: An Ethical Evaluation of Market
Liberalization in the South and Transition Economies
* 10: Global Economic Crisis and the Crisis in Economics
* 11: On Sleeping Too Well: In Search of Professional Economic Ethics
* 12: Training the 'Ethical Economist'
* 13: The Economist's Oath