Download or read book Philosophical Reflections On The Economic Crisis written by Marc Batko and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Philosophy in the Time of Economic Crisis written by Kenneth W. Stikkers and published by Routledge. This book was released on 2017-08-23 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current ‘crises’ in economics, and in the economics profession have their deep roots in the separation of economics from philosophy and ethics? American pragmatism, among the various contemporary philosophic traditions, lends itself specially to dialogue with economics because of its view of philosophy as an instrument for solving the real, concrete problems of human life, both personal and social. The essays in this volume, drawing heavily on the tradition of pragmatism, suggest that the economic crises of our time (the 2008 collapse of real estate and finance markets) might not be merely technical in nature - that is, the result of faulty applications of economic tools by politicians and policy makers, based up conventional economic models - but also due to the faulty philosophical assumptions underlying those models. These essays suggest that the overcoming of our current economic crises requires that economists once again become moral philosophers, or that philosophers once again engage themselves in economic matters. In either case, this volume aims to foster dialogue between the two disciplines and in that way, contribute to the improvement of contemporary economic life. This book is suitable for those who study political economy, economic theory and economic philosophy.

Download or read book Philosophical Reflections on Economic and Social Issues written by Jean-Marie Paglia and published by BoD - Books on Demand. This book was released on 2021-01-26 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with the problems of the world in the social and economic aspects. The general idea is that neoliberalism is basically wrong and will never solve the problem of a fair living standard for everyone. So-called development is not progress at all, but rather it is a sick growth if not done on moral bases. The human creature believes it has reached the final point in evolution, a kind of perfect being, while in fact evolution is not finished and we have to continue the way in spiritual development. If there is any growth or development to be done, it must be a growth in consciousness, and the way to achieve it is through meditation, or other means of sef-improvement. The book rests on a lot of research but absolutely not on personal speculation, the underlying thread and inspiration comes from traditional spiritual wisdom, and this allows a general view that joins everything together from basic wants to spiritual needs. Mankind is already well engaged on its way to a better future.

Download or read book The Ethics Recession written by Rushworth M. Kidder and published by . This book was released on 2009 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the collapse of integrity, the abandonment of responsibility, and the failures of moral courage that underlie the financial numbers - and identifies the changes in thinking needed to bring us back into balance.

Download or read book The Global and Social Consequences of the COVID 19 Pandemic written by Gottfried Schweiger and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book directly addresses the social and economic consequences of the COVID-19 pandemic. It does so by focusing on both the immediate effects during the pandemic and the lockdowns, as well as the issues related to the long-term social consequences that are likely to result from the economic crisis in the coming years. To date, most philosophical essays and books have focused on the health aspects of the pandemic, and in particular on the fields of medical ethics and public health ethics. Containing a truly international and interdisciplinary group of scholars, a unique and global perspective is offered on the rarely discussed social and economic consequences of the pandemic. This book is of great interest to academic philosophers, but also to researchers from the social sciences. "This collection contributes significantly to our understanding of the ethics of pandemics, drawing our attention to existing injustices and inequities that have been laid bare by the COVID crisis. Perhaps just as important is the way in which it seeks to connect theory to practice. In short, it provides a compelling identification of ethical issues and potential resolutions to injustices highlighted by the pandemic. It would be valuable for anyone working in areas of global justice, social justice, international ethics, immigration, or international political theory." Joshua J. Kassner (Professor, Division of Legal, Ethical and Historical Studies, University of Baltimore) "For those who wish to gain both a deep and wide understanding of the societal consequences of the Covid-19 global pandemic, especially with a focus on ethics and fairness from an expansive array of perspectives, a deep dive into this book will be time well spent. The book deserves to find its footing with as wide an audience as possible. It is both ambitious and timely." Michael J. Stevens (Brady Distinguished Presidential Professor, Weber State University).

Download or read book The Philosophy Politics and Economics of Finance in the 21st Century written by Patrick O'Sullivan and published by Routledge. This book was released on 2015-04-10 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2008, the financial sector has been the subject of extensive criticism. Much of this criticism has focused on the morality of the actors involved in the crisis and its extended aftermath. This book analyses the key moral and political philosophical issues of the crisis and relates them to the political economy of finance. It also examines to what extent the financial sector can or should be reformed. This book is unified by the view that the financial sector had been a self-serving and self-regulating elite consumed by greed, speculation and even lawlessness, with little sense of responsibility to the wider society or common good. In light of critical analysis by authors from a variety of backgrounds and persuasions, suggestions for reform and improvement are proposed, in some cases radical reform. By placing the world of finance under a microscope, this book analyses the assumptions that have led from hubris to disgrace as it provides suggestions for an improved society. Rooted in philosophical reflection, this book invites a critical reassessment of finance and its societal role in the 21st century. This book will be of interest to academics, politicians, central bankers and financial regulators who wish to improve the morality of finance.

Download or read book Ethical Reflections on the Financial Crisis 2007 2008 written by Wilfried Ver Eecke and published by Springer Science & Business Media. This book was released on 2013-01-05 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book the author reflects on the philosophical and ethical bases of the financial crisis 2007-08 and the subsequent recession. He finds in Adam Smith solid arguments for the new free market economy, capitalism, but also arguments for a role for the government in the case of public goods (roads) and of merit goods (education, control of banking). Where the provision of public goods requires that the government respect consumer sovereignty there the provision of merit goods legitimizes the violation of that principle. By making use of the history of economic thought (e.g., the neo-liberal tradition) the author demonstrates that Musgrave’s idea of merit goods can be expanded to eleven domains in which the government has an important function. He legitimizes that move by using the Kantian argument that we must accept the possibility conditions for what we want. The author demonstrates that Rajan, Reich and Reinhart & Rogoff make use of seven of his eleven categories of merit goods in order to explain the financial crisis 2007-08 and the subsequent recession. The author thereby provides a philosophical and ethical analysis of the government's failures at the basis of the financial crisis. ​

Download or read book Making Money written by Ole Bjerg and published by Verso Books. This book was released on 2014-04-22 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is money? Where does it come from? Who makes it? And how can we understand the current state of our economy as a crisis of money itself? In Making Money, Ole Bjerg turns these questions into a matter of philosophical rather than economic analysis. Applying the thinking of Slavoj Zizek and other scholars to mainstream economic literature, Bjerg provides a radical new way of looking at the mysterious stuff we use to buy things. It is a theory unfolded in reflections on the nature of monetary phenomena such as financial markets, banks, debt, credit, derivatives, gold, risk, value, price, interests, and arbitrage. The analysis of money is put into an historical context, suggesting that the current financial turbulence and debt crisis are evidence that we live in the age of post-credit capitalism. By bridging the fields of economics and contemporary philosophy, Bjerg's work engages in a compelling form of intellectual arbitrage.

Download or read book Philosophy of Mathematics and Economics written by Thomas A. Boylan and published by Routledge. This book was released on 2018-04-09 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of mathematics, this unique book re-examines this trajectory. Philosophy of Mathematics and Economics re-analyses the divergent rationales for mathematical economics by some of its principal architects. Yet, it is not limited to simply enhancing our understanding of how economics became an applied mathematical science. The authors also critically evaluate developments in the philosophy of mathematics to expose the inadequacy of aspects of mainstream mathematical economics, as well as exploiting the same philosophy to suggest alternative ways of rigorously formulating economic theory for our digital age. This book represents an innovative attempt to more fully understand the complexity of the interaction between developments in the philosophy of mathematics and the process of formalisation in economics. Assuming no expert knowledge in the philosophy of mathematics, this work is relevant to historians of economic thought and professional philosophers of economics. In addition, it will be of great interest to those who wish to deepen their appreciation of the economic contours of contemporary society. It is also hoped that mathematical economists will find this work informative and engaging.

Download or read book Theology of Money written by Philip Goodchild and published by Duke University Press. This book was released on 2009-06-22 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theology of Money is a philosophical inquiry into the nature and role of money in the contemporary world. Philip Goodchild reveals the significance of money as a dynamic social force by arguing that under its influence, moral evaluation is subordinated to economic valuation, which is essentially abstract and anarchic. His rigorous inquiry opens into a complex analysis of political economy, encompassing markets and capital, banks and the state, class divisions, accounting practices, and the ecological crisis awaiting capitalism. Engaging with Christian theology and the thought of Carl Schmitt, Georg Simmel, Karl Marx, Adam Smith, and many others, Goodchild develops a theology of money based on four contentions, which he elaborates in depth. First, money has no intrinsic value; it is a promise of value, a crystallization of future hopes. Second, money is the supreme value in contemporary society. Third, the value of assets measured by money is always future-oriented, dependent on expectations about how much might be obtained for those assets at a later date. Since this value, when realized, will again depend on future expectations, the future is forever deferred. Financial value is essentially a degree of hope, expectation, trust, or credit. Fourth, money is created as debt, which involves a social obligation to work or make profits to repay the loan. As a system of debts, money imposes an immense and irresistible system of social control on individuals, corporations, and governments, each of whom are threatened by economic failure if they refuse their obligations to the money system. This system of debt has progressively tightened its hold on all sectors and regions of global society. With Theology of Money, Goodchild aims to make conscious our collective faith and its dire implications.

Download or read book Economic Sense and Nonsense written by Anthony De Jasay and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Sense and Nonsense comprises a collection of sixty essays written by Anthony de Jasay for his monthly column "Reflections from Europe," on Liberty Fund's Library of Economics and Liberty website [ http://www.econlib.org/] (Viewed 29 March 2015) "The Library of Economics and Liberty (Econlib) is a free online library of economics books and articles of interest to libertarian views. It is sponsored by the private Liberty Fund."]. The articles span the years 2008 to 2012 and focus on economic issues of topical concern in Europe. In this collection Jasay continues his explorations of a number of themes that he developed in his earlier articles, such as the importance of property rights, the role of contracts in economic activity, the proper limitations of the state, and the attitude of intellectuals concerning the regulation of the free market. With the outbreak of the economic crisis of mid-2008, Jasay spends considerable\ time discussing its origins, the reactions of governments in both Europe and the United States, and the ensuing euro crisis, thus adding another dimension to his analysis of the economic woes of the industrialized world. Jasay's analysis demonstrates that the post-World War II experiment in building welfare states in Europe has reached a crisis point that will require deep and radical changes in thinking both by intellectuals about the nature of free markets and by policy makers about the intended and unintended impact of the regulations they adopt. Anthony de Jasay is an independent theorist living in France. Publisher's note.

Download or read book Reflections on World Economic Crisis written by Andre Gunder Frank and published by Monthly Review Press. This book was released on 1981-01-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: 0

Download or read book A Philosopher s Economist written by Margaret Schabas and published by University of Chicago Press. This book was released on 2020-07-15 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reconsiders the centrality and legacy of Hume’s economic thought and serves as an important springboard for reflections on the philosophical underpinnings of economics. Although David Hume’s contributions to philosophy are firmly established, his economics has been largely overlooked. A Philosopher’s Economist offers the definitive account of Hume’s “worldly philosophy” and argues that economics was a central preoccupation of his life and work. Margaret Schabas and Carl Wennerlind show that Hume made important contributions to the science of economics, notably on money, trade, and public finance. Hume’s astute understanding of human behavior provided an important foundation for his economics and proved essential to his analysis of the ethical and political dimensions of capitalism. Hume also linked his economic theory with policy recommendations and sought to influence people in power. While in favor of the modern commercial world, believing that it had and would continue to raise standards of living, promote peaceful relations, and foster moral refinement, Hume was not an unqualified enthusiast. He recognized many of the underlying injustices of capitalism, its tendencies to promote avarice and inequality, as well as its potential for political instability and absolutism. Hume’s imprint on modern economics is profound and far-reaching, whether through his close friend Adam Smith or later admirers such as John Maynard Keynes and Friedrich Hayek. Schabas and Wennerlind’s book compels us to reconsider the centrality and legacy of Hume’s economic thought—for both his time and ours—and thus serves as an important springboard for reflections on the philosophical underpinnings of economics.

Download or read book A Philosophy for Europe written by Roberto Esposito and published by Polity. This book was released on 2018-07-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amid a devastating economic crisis, two tragic events coming from the outside – the wave of immigration and Islamic terrorism – have radically changed the profile and significance of the space we call Europe. Given a paradigm leap of this sort, philosophical reflection is in a position to exert its creative power more than other types of knowledge. But this can only happen if it is able to go beyond its own lexical boundaries, by turning its gaze outside itself. Here the leading Italian philosopher Roberto Esposito looks at how various strands of German, French, and Italian thought have achieved this outward turn and successfully captured international attention by breaking with the language of early nineteenth-century crisis philosophies. When analyzed from this novel perspective, the great texts of Adorno, Derrida, Foucault, and Deleuze, as well as works by the latest Italian thinkers, are cast in a new light. From the relationship and tension between them, reconstructed here with extraordinary theoretical sensitivity, a form of thought can arise that is equal to the challenges faced by Europe today. This erudite and wide-ranging analysis of European thought in the light of the crises facing the continent today will appeal to students and scholars of philosophy, critical theory, and beyond.

Download or read book Reflections on World Economic Crisis written by Andre Gunder Frank and published by Monthly Review Press. This book was released on 1981-01-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: 0

Download or read book The Great Depression Revisited written by H. van der Wee and published by Springer. This book was released on 1973-07-31 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a quarter of a century the industrial Western world has been living in the euphoria of continuous improvements in welfare, based on economic programming, increasing integration and terms of trade which favor indus trial countries and discriminate against agricultural regions. It is true that recessions have periodically recurred during these years : time and again, however, government intervention succeeded in reducing them to mere "in ventory cycles". In contrast with the twenties and thirties, when economic policy in the West focused on fighting unemployment and stimulating investment, the postwar period has been characterized by a permanent concern to curb inflationary pressure, which was partly due to full-employ ment. The present welfare economy has given rise to a growth of the pro pensity to consume such that public policy has often been constrained to limit consumption and stimulate saving. In this new framework it has perhaps been forgotten that today's welfare owes much to the lessons from the past. The bitter world crisis experience of the thirties in particular has exerted a fruitful and decisive influence upon the search for means to prevent, eliminate or soften the cyclical fluctuations which the process of economic growth involves. Forty years after the out break of the greatest economic crisis ever, it seems useful to draw up the balancesheet of the lessons learned from it. There exists a large literature about the depression of the thirties.

Download or read book Reflections on the Greek Sovereign Debt Crisis written by Aristidis Bitzenis and published by Cambridge Scholars Publishing. This book was released on 2014-09-26 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro was generally considered a success in its first decade. Nevertheless, the “unanticipated” financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into question the endurance of positive externalities under the current form of European economic integration. The experience of double-dip recessions in the core of the euro-area and the occurrence of a deflationary spiral in its southern periphery brings into question the wisdom of fiscal consolidation via austerity in the adjustment programmes adopted to exit the crisis. They also put into doubt the adequacy and efficiency of the European Economic and Monetary Union’s core elements, its political instruments and macroeconomic assumptions, as can be seen in the role of the Stability and Growth Pact and the stance of the European Central Bank. The title of this collective volume refers to the country where the European sovereign debt crisis began, while its contents concentrate on the extent to which this crisis should be a national or a European concern. Moreover, the focus on Greece stimulates discussion about the neglected factor of the shadow economy and the potential to boost government revenue through its successful transfer to the formal economy. The chapters address the inefficiencies of both euro-area institutions and policies adopted to exit the current predicament. Experts from several disciplines review the literature and critically evaluate the existence of issues such as contagion effects, domino effects, deflationary spirals, institutional efficiency and the reality of the option to exit the euro-area.