Art, Ethics, and Economics

Christine Rider

Review of Social Economy, 1999, vol. 57, issue 3, 263-277

Abstract: A comparison of the neoclassical and the social economics paradigms, showing that the explicit inclusion of values enhances the explanatory value of social economics. This is illustrated by using literary examples to explain the difficulty the competitive model has in providing analyses and solutions for modern problems of product safety, natural resource overexploitation, urban congestion, and stakeholder rights.

Keywords: Social economics; neoclassical economics; globalization; economic paradigms; competitive model; methodology; values; non-mainstream economics; moral hazard; whistleblower; privatization; congestion; pollution; corporate governance (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1080/00346769900000001

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