Virtues, Morals and Markets

Why Moral Identity Matters

Rojhat Avsar (Columbia College Chicago, USA)

$273

Hardback

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English

Routledge
05 March 2024

Ethics & moral philosophy; Economic theory & philosophy; Economic history

Series: Routledge Advances in Social Economics

Being oblivious to the motivational nuances behind human behavior could lead one to overlook the distinction that a good action does not always indicate a good character. Conversely, this book argues that such nuances are paramount. Focusing on character over consequences is vital because motivational differences have fundamental implications for the welfare of the individual and society. Drawing on Aristotelian virtue ethics, the book argues that the utilitarian economic rhetoric, the rise of identity politics, and the growing commodification have allowed an illusion that moral and economic lives can be detached to take root in our culture. The book provides a robust philosophical argument articulating the inadequacy of the modern conception of morality (as a set of universal rules) that underlies economics and many modern-day institutions and aims to create a greater awareness of the connection between virtuous character and leading fulfilled lives. Integrating contemporary empirical findings with theoretical/philosophical insights, the book develops a coherent and convincing framework that could help transform the welfare ideology that underlies economic policies and modern institutions. This book is essential for anyone interested in questions of ethics in economics and related fields, including welfare economics, microeconomics, political economy, institutional economics, evolutionary economics, social economics, and behavioral economics.

By: Rojhat Avsar (Columbia College Chicago USA)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 410g
ISBN: 9781032300221
ISBN 10: 1032300221
Series: Routledge Advances in Social Economics
Pages: 124
Publication Date: 05 March 2024
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

Rojhat Avsar is Associate Professor of Economics at Columbia College Chicago. His research interests include ethics, neuroscience, discourse analysis, behavioral economics, evolutionary psychology, and informal institutions. He is the author of Evolutionary Origins of Markets (Routledge, 2019) and numerous academic articles published in various outlets.