On Ethics and Economics - by Amartya Sen[Reading report] by Vaïté Leprince-Ringuet

2009-10-31

The author was part of the “Alternative Management” third year program in HEC in 2008/2009.

The modern theoreticians of economics have put forward its scientific nature in order to avoid ethical questioning. However its nature is dual: mechanical and ethical. To reduce individual behavior to rationality and egoism is fundamentally inaccurate, and greatly impedes the power of economics. Economics are no longer able to bring individuals and society closer to true well-being, by the implementation of strong economic policies by the States. A. Sen develops in this dense but accessible essay the principal foundations of his thought, in particular the concept of capabilities, and constructs a simple but complete method of assessment of economic and ethical choices.

Quote article  Vaïté Leprince-Ringuet, « On Ethics and Economics - by Amartya Sen », 31 october 2009, Alternative Management Observatory (AMO), [Reading report]
http://appli6.hec.fr/amo/Articles/Entry/Item/103.sls

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