The Economics of Ethics Revisited and Importance of Economics: A Response to the Critics
Journal of Economic Psychology, Vol. 26, pp. 774-778, 2005
Posted: 17 Jan 2010
Date Written: 2005
Abstract
I would like to thank David Colander, John Cullis, Aaron Levine, for their thoughtful and thought provoking comments on my paper, “The ethical economy and competitive markets: reconciling, altruistic, moralistic and ethical behaviour with the rational economic agent and competitive markets”. I will respond to the critics in alphabetical order thereby betraying no preference, apart from a lexicographic one, to clarify and elaborate upon some key points made in my contribution.
Keywords: Response, Ethics, Altruism, Moral behaviour, Competitive markets
JEL Classification: D63
Suggested Citation: Suggested Citation