TY  - BOOK
AU  - Sanchis i Marco,Manuel
ED  - SpringerLink (Online service)
TI  - The Poverty of Economics: The Philosophical Anatomy of an Empty Rationality 
T2  - Ethical Economy, Studies in Economic Ethics and Philosophy,
SN  - 9783031697227
AV  - HB72 
PY  - 2024///
CY  - Cham
PB  - Springer Nature Switzerland, Imprint: Springer
KW  - Philosophy
KW  - Economics
KW  - Business
KW  - Management science
KW  - Management
KW  - Business ethics
KW  - Ethics
KW  - Philosophy of Economics
KW  - Business and Management
KW  - Philosophy of Management
KW  - Business Ethics
KW  - Moral Philosophy and Applied Ethics
N1  - PART ONE ECONOMICS METHOD AND RATIONALITY -- CHAPTER 1 WHAT DO WE MEAN BY ECONOMICS TODAY -- CHAPTER II THE SCIENTIFIC METHOD IN ECONOMICS -- CHAPTER III RATIONALITY IN ECONOMICS -- PART TWO ECONOMICS AND JUSTICE THE LONG JOURNEY -- CHAPTER IV MEANINGS OF JUSTICE FROM THE PERSPECTIVE OF ECONOMICS -- CHAPTER V MEANINGS OF JUSTICE FROM THE PERSPECTIVE OF MORAL PHILOSOPHY
N2  - This book improves the alignment of economics with the idea of justice, the first virtue of any social institution, according to Rawls. To this aim, it provides the analytical framework necessary to ensure a just economy. While today’s notion of economics favours the economics of extortion, this book proposes a model that transcends Lionel Robbins’ canonical relationship between ends and means, as it proposes a broader notion of rationality incorporating the range of human attributes. In contrast to Robbins' economic rationality, economic choices must be based on adequate and good reasons, as Rescher claims, because both the means and the ends require rational deliberation. As a result, the book challenges Robbins’ hope of turning general concepts like scarcity, costs, etc. into universal economic principles guiding human behavior in a vacuum. It disputes the idea that, through the application of the abstract formulation of economic statements unconnected to reality, economics can be rationalized in a morally neutral space, based on empty rationality. By contrasting the three rival versions of economics —formalism (axiomatic), empiricism (technocratic-consequential), and institutionalism (axio-ideological)— the book shows that it is not possible to switch between them as they refer to segmented mental universes of abstraction
UR  - https://doi.org/10.1007/978-3-031-69722-7
ER  -