Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom
Virtue ethics interprets human action as pursuing good ends through practices that develop qualities internal to those final goals. The philosophical approach has been identified as critical of economics, leading in turn to the innovative response that by viewing the market as mutually beneficial ex...
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| Format: | Journal article |
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Routledge
2016
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| _version_ | 1826286928212787200 |
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| author | Burbidge, D |
| author_facet | Burbidge, D |
| author_sort | Burbidge, D |
| collection | OXFORD |
| description | Virtue ethics interprets human action as pursuing good ends through practices that develop qualities internal to those final goals. The philosophical approach has been identified as critical of economics, leading in turn to the innovative response that by viewing the market as mutually beneficial exchange, economic practice is in fact defendable on virtue ethics grounds. This defends economics using arguments drawn from virtue ethics, but there is a need also to explore space for virtue ethics within economic theory. Examining key contributions of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom, the article notes that virtue ethics’ appreciation of persons’ communicability of ends is increasingly being relied upon within economics, though sometimes under different names. Its strength to interdisciplinary work between economics and philosophy lies in presenting a methodology able to capture how human beings are capable of, though not fixated on, cooperation. |
| first_indexed | 2024-03-07T01:51:00Z |
| format | Journal article |
| id | oxford-uuid:9a1467da-9e97-4587-8fcf-6db0ea6abdfd |
| institution | University of Oxford |
| last_indexed | 2024-03-07T01:51:00Z |
| publishDate | 2016 |
| publisher | Routledge |
| record_format | dspace |
| spelling | oxford-uuid:9a1467da-9e97-4587-8fcf-6db0ea6abdfd2022-03-27T00:18:57ZSpace for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor OstromJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:9a1467da-9e97-4587-8fcf-6db0ea6abdfdSymplectic Elements at OxfordRoutledge2016Burbidge, DVirtue ethics interprets human action as pursuing good ends through practices that develop qualities internal to those final goals. The philosophical approach has been identified as critical of economics, leading in turn to the innovative response that by viewing the market as mutually beneficial exchange, economic practice is in fact defendable on virtue ethics grounds. This defends economics using arguments drawn from virtue ethics, but there is a need also to explore space for virtue ethics within economic theory. Examining key contributions of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom, the article notes that virtue ethics’ appreciation of persons’ communicability of ends is increasingly being relied upon within economics, though sometimes under different names. Its strength to interdisciplinary work between economics and philosophy lies in presenting a methodology able to capture how human beings are capable of, though not fixated on, cooperation. |
| spellingShingle | Burbidge, D Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title | Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title_full | Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title_fullStr | Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title_full_unstemmed | Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title_short | Space for virtue in the economics of Kenneth J. Arrow, Amartya Sen and Elinor Ostrom |
| title_sort | space for virtue in the economics of kenneth j arrow amartya sen and elinor ostrom |
| work_keys_str_mv | AT burbidged spaceforvirtueintheeconomicsofkennethjarrowamartyasenandelinorostrom |