By Giuseppe Gaburro (auth.), Prof. Dr. Giuseppe Gaburro (eds.)
Ethics and Economics is split in elements. within the first one, Italian and French catholic thinkers, are analysed through famous students, with uncomplicated connection with the commercial view in their paintings. within the moment half the industrial atmosphere is defined and suggestions, in response to the social catholic idea, for the answer of the main subtle monetary difficulties are given. The publication hence furnishes an alternate method of the orthodox monetary research and, consequently, it can be a useful gizmo for researchers who desire to examine their theoretical technique with a much less traditional one, and for students who are looking to learn heavily substitute perspectives to the conventional monetary types and paradigm.
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Extra resources for Ethics and Economics: Catholic Thinkers in the 20th Century
1967, Chapter II, "II principio economico", pages. 35-42; Chapter XV, "Economia ed etica", pp. 280-82. 31 economics and applied economics20 , or that of Pareto based on the possibility of founding economic reasoning on market preferences, therefore on empirical data without value judgements21 . Vito's opinion on Pantaleoni's position22 is more interesting for the comprehension of his thought. Pantaleoni bases neutrality on the "abstractness" of any scientific analysis and therefore on the economist's freedom of choosing hypotheses.
E. the definition of social welfare through the summation of individual benefits. On the studies about utilitarianism cfr. A. SEN - B. WILLIAMS (edited by) Utilitarianism and beyond, Maison des Sciences de I'Homme and CUP, 1982, It. Trans. Utilitarismo e ollre, II Saggiatore, Milano 1984. 3 39 classical trend adopts a theory of endogenous and process-oriented justice, starting from the 30's. Most economists consider this theory the only one compatible with the two basic ideas of free market: ethical individualism and subjective omniscience.
In short, the author says that the pressure of the great economic questions will force evaluations of economic systems on the basis of their ability to "preserve and strengthen human freedom and dignity" (p. 394). 26 33 9. CONCLUSIONS Today, nearly half a century after Vito had showed the solution to the relation between economic science and ethic, which has hardly changed over the years, it is still worth considering that solution in the light of more recent contributions to the argument. At the time of its formulation and improvement, Vito's position remained a lone voice in the economic cultural world, especially in Italy, causing more criticisms than approvals28 .