The Relation of Ethics and Economics

Ross B. Emmett

A chapter in Frank H. Knight in Iowa City, 1919–1928, 2011, pp 231-239 from Emerald Group Publishing Limited

Abstract: Note. These two presuppositions carry the discussion beyond the level of pure science, butdo notintroduce ethics. The fact that choice is real is different from the question whether one choice is “better” than another. This is the essence of individualism, that values are real, but that oneisexactly as good as another, except as it is quantitatively bigger to a person whose values both of them are which are being compared.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-4154(2011)000029b021

DOI: 10.1108/S0743-4154(2011)000029B021

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