Can personalism inspire economics?

Luca Sandonà ()
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Luca Sandonà: Istituto Pastorale Redemptor Hominis, Pontificia Universita` Lateranense, Piazza San Giovanni in Laterano 4, 00120 Citta` del Vaticano

Rivista Internazionale di Scienze Sociali, 2013, vol. 121, issue 2, 257-270

Abstract: This paper reviews the challenge of contemporary North-American personalist economics to current mainstream pluralism, including neoclassical economics, game theory, behavioural economics, experimental economics, evolutionary economics and neuroeconomics. Personalist economics emphasises the social nature, reflexivity, and self-determination of human agency and underscores the dynamism of human action. Personalist economics also introduces the concept of personalist capital in order to incorporate natural morality into economic analysis. Finally, personalist economics distinguishes between human needs and human wants.

Keywords: History of economic thought since 1925; economics and philosophy; personalist capital; virtue ethics (search for similar items in EconPapers)
JEL-codes: A13 B25 B41 B50 Z1 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2013:v:121:i:2:p:257-270

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