Download or read book The Ethics of Competition written by Frank Hyneman Knight and published by Books for Libraries. This book was released on 1969 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Ethics of Competition and Other Essays written by Frank H. Knight and published by . This book was released on 2014-12-11 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2014 Reprint of Original 1935 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. "The Ethics of Competition" is nothing short of visionary. Knight foresaw virtually all of the reductionist tendencies that have come to plague the discipline he cultivated, neoclassical economic theory. Even more impressively, Knight related these disciplinary proclivities back to themes as grand as the fate of liberal democracy and human nature. Knight believed that the human craving for simple, mechanical explanations inevitably leads to frustration rather than material satisfaction. Chapters include: "Economic Psychology and the Value Problem," "The Limitations of Scientific Method in Economics," "Marginal Utility Economics," "Fallacies in the Interpretation of Social Cost," and "Economic Theory and Nationalism." This volume will be of essential value to economists, political theorists, philosophers, and sociologists. Frank H. Knight (1885-1972) was one of the original founders of the Chicago School of Economics. He was Morton D. Hall Distinguished Service Professor, Emeritus, of Social Science and Philosophy and was most famous for his work on the distinction between economic risk and uncertainty.
Download or read book The Ethics of Competition and Other Essays written by Frank Hyneman Knight and published by . This book was released on 1969 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The ethics of competition written by Frank Hyneman Knight and published by . This book was released on 1997 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Printbegrænsninger: Der kan printes kapitelvis.
Download or read book The Ethics of Competition written by Peter F. Drucker and published by Routledge. This book was released on 2017-09-08 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ethics of Competition is a book of Frank H. Knight's writings on a common theme: the problem of social control and its various implications. Knight believed in free economic institutions but was also aware that the competitive economic system could be improved. One of the central figures of neoclassical economics in the twentieth century, Knight pursued a lifelong campaign against irrationalities of nationalism, religious fanaticism, and group conflict, while conceding that these were fundamental orientations of human action that might yet frustrate his own work as an economist. While Knight vigorously defended human freedom and the liberal order, he also was sufficiently moved by the shortcomings of liberalism as to condemn it as rife with abuse. As Richard Boyd writes in the new introduction, The Ethics of Competition is nothing short of visionary. Knight foresaw virtually all of the reductionistic tendencies that have come to plague the discipline he cultivated, neoclassical economic theory. Even more impressively, Knight related these disciplinary proclivities back to themes as grand as the fate of liberal democracy and human nature. Boyd discusses Knight's belief that the human craving for simple, mechanical explanations inevitably leads to frustration rather than material satisfaction. Chapters in The Ethics of Competition include "Economic Psychology and the Value Problem," "The Limitations of Scientific Method in Economics," "Marginal Utility Economics," "Fallacies in the Interpretation of Social Cost," and "Economic Theory and Nationalism." This volume will be of essential value to economists, political theorists, philosophers, and sociologists.
Download or read book Revisiting Frank H Knight s The Ethics of Competition written by Ross B. Emmett and published by . This book was released on 2019 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the centenary celebration of Frank Knight's birth in 1985. Buchanan's paper focused on the first section of Knight's essay, and outlined why it provided an inadequate criticism of a competitive market economy. Essentially, the essay was flawed by what Buchanan understood to be a methodological ambiguity which formed the basis for Knight's ethical critique. A year later, in Buchanan's Nobel Lecture, he made no reference to Knight, despite have widely acknowledged in other ways his general indebtedness to Knight's appreciation for competitive markets in forming his own approach to public choice. After reviewing the structure of Buchanan's criticism, the paper turns to examine what Knight did with his views on ethics, economics, and social/political organization after the mid-1920s. Knight's Weberian turn led him to abandon the “successive approximation” method he had argued in favor of in Risk, Uncertainty and Profit (1921), and instead seek an economics that provided general insights from an ideal type analysis of market interaction, combined with a) a comparative social and political institutional analysis; and b) a comparative study of ethical systems to evaluate which was appropriate to the problems of a liberal, democratic society. At the end, a brief look at Buchanan's movement toward Knight on methodological issues after his Nobel Lecture is examined. Buchanan's changes come from a new appreciation for increasing cost and social ideas and norms, as well as his growing appreciation for Knight's notion of democracy as “government by discussion.”
Download or read book The Ethics of Competition written by Christoph Lütge and published by Edward Elgar Publishing. This book was released on 2019 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of competition is frequently regarded with ambivalence. While its champions wholeheartedly endorse it for reasons of efficiency, critics believe competition undermines ethics. They denounce competitive thinking, call for modesty in profit-making, and rail against economisation. However, Christoph Lütge argues convincingly that intensified competition can work in favour of ethical goals, and that many criticisms of competition stem from an inadequate understanding of how modern societies and economies function. The author illustrates his view with examples from ecology, healthcare and education, and concludes with a call for more entrepreneurial spirit.
Download or read book Morality Competition and the Firm written by Joseph Heath and published by Oxford University Press. This book was released on 2014-08-01 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm.
Download or read book Are Economists Basically Immoral written by Paul T. Heyne and published by . This book was released on 2008 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: A well-trained theologian, a gifted and dedicated teacher of economics for over forty years, and the author of a highly regarded and widely used textbook, "The Economic Way of Thinking", Paul Heyne influenced generations of students of economics. Many of the essays in this volume are published here for the first time. The editors, Geoffrey Brennan and A M C Waterman, have divided Heyne's essays thematically to cover three general areas: the ethical foundations of free markets, the connection between those ethical foundations and Christian thought, and the teaching of economics -- both method and substance. Heyne's writings are unique in that he takes the critics of the free market order seriously and addresses their arguments directly, showing how they are defective in their understanding of economics and in their ethical and theological underpinnings. The engaging style of Heyne's essays makes them accessible to students as well as to scholars. Even in discussions of topics well beyond the fundamental level, Heyne still succeeds in providing students with an appreciation of basic economic principles.
Download or read book Ethics in the World of Business written by David Braybrooke and published by Rowman & Littlefield. This book was released on 1983 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook on business ethics - comprises case studies on purchasing, contracts, competition, marketing, advertising, consumer protection, working conditions, discrimination, sexual harassment, trade unionization, location of industry, environment, political power, individual and public interest; deals with a variety of issues relating to honesty, trustworthiness, abuse exploitation, connivance, corruption, etc. Bibliography.
Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Download or read book The Moral Landscape written by Sam Harris and published by Simon and Schuster. This book was released on 2011-09-13 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sam Harris dismantles the most common justification for religious faith--that a moral system cannot be based on science.
Download or read book The Protestant Ethic or the Spirit of Capitalism written by Kathryn D. Blanchard and published by Wipf and Stock Publishers. This book was released on 2010-07-06 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of Max Weber's classic, The Protestant Ethic and the Spirit of Capitalism, it has long been assumed that a distinctly Protestant ethos has shaped the current global economic order. Against this common consensus, Kathryn D. Blanchard argues that the theological thought of John Calvin and the Protestant movement as a whole has much to say that challenges the current incarnation of the capitalist order. This book develops an approach to Christian economic ethics that celebrates God's gift of human freedom, while at the same time acknowledging necessary, and indeed vital, limitations in the context of material and social life. Through sustained interaction with such unlikely dialogue partners as Adam Smith, Milton Friedman, Deirdre McCloskey, and Muhammad Yunus, this book shows that the virtues of self-denial, neighbor love, and sympathy have been quite at home in the capitalism of the past, and can be again. Though self-interest has enjoyed several decades as the unquestioned ruling principle of American economics, other-interest is steadily coming back into view, not only among Christian ethicists, but among economists as well. This book explores the important implications of this shift in economic thinking from a theological perspective.
Download or read book James M Buchanan written by Richard E. Wagner and published by Springer. This book was released on 2019-02-15 with total page 1182 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A fine collection of essays exploring, and in many cases extending, Jim Buchanan’s many contributions and insights to economic, political, and social theory.”– Bruce Caldwell, Professor of Economics, Duke University, USA"The overwhelming impression the reader gets from this very fine collection is the extraordinary expanse of James Buchanan's work. Everyone interested in economics and related fields can profit mightily from this book."– Mario Rizzo, Professor of Economics, New York University, USA This book explores the academic contribution of James Buchanan, who received the Nobel Prize for economics in 1986. Buchanan’s receipt of the Prize is noteworthy because he was a maverick within the economics profession. In contrast to the preponderance of economists, Buchanan made little use of mathematics and no use of econometrics, preferring to used logic and language to insert his ideas into the scholarly community. Moreover, his ideas extended the domain of economic inquiry along many paths that numerous economists subsequently pursued. Buchanan’s scholarship brought economics and political science together under the rubric of public choice. He was also was a prime figure in bringing economic theory into closer contact with moral and social philosophy.This volume includes essays distributed across the extensive domain of Buchanan’s scholarly contributions, reflecting the range of his scholarly interests. Chapters will examine Buchanan’s scholarly work on public finance, social insurance, public debt, public choice, economic methodology, constitutional political economy, law and economics, and ethics and social theory. The book also examines Buchanan in relation to other prominent economists, both from the distant past and the recent past.
Download or read book Assisting the Invisible Hand written by W. Dubbink and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an investigation into contemporary thinking on controlling the market, especially with regard to the problem of dealing with environmental issues. The book contributes to contemporary insight by arguing that the issue of market control must be addressed in terms of the relations between state, market and civil society. It stresses the normative dimensions of the market control issue. The position adopted by the book is that the market cannot be controlled by the state alone.
Download or read book The Age of Reasons written by Wendy Motooka and published by Routledge. This book was released on 2013-05-13 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wendy Motooka contends that 'the Age of Reason' was actually an Age of Reasons. Joining imaginative literature, moral philosophy, and the emerging discourse of the new science, she seeks to historicise the meaning of eighteenth-century 'reason' and its supposed opposites, quixotism and sentimentalism. Reading novels by the Fieldings, Lennox and Sterne alongside the works of Adam Smith, Motooka argues that the legacy of sentimentalism is the social sciences. This book raises our understanding of eighteenth-century British culture and its relation to the 'rational' culture of economics that is growing ever more prevasive today.
Download or read book The Driving Force of the Market written by Israel M Kirzner and published by Routledge. This book was released on 2000-05-04 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a unique insight into the character of Austrian economies and collects the recent work of the world's leading authorities in this area. The book will be welcomed by those interested in the legacy of Austrian economics.
