{"product_id":"9781032106113-moral-discourse-in-history-of-econ","title":"Moral Discourse in the History of Economic Thought","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003e\u003cp\u003eProviding an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. \u003c\/p\u003e\n\u003cbr\u003e\u003cp\u003eProviding an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. \u003c\/p\u003e\n\u003cp\u003eAdopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on \"sympathy\" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as \"fair reciprocity\" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology.\u003c\/p\u003e\n\u003cp\u003eThis key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":41270940696673,"sku":"9781032106113","price":213.22,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_28226583.jpg?v=1760341419","url":"https:\/\/www.rarewaves.com\/products\/9781032106113-moral-discourse-in-history-of-econ","provider":"Rarewaves.com","version":"1.0","type":"link"}