Ethical codes and income distribution : a study of John Bates Clark and Thorstein Veblen

• Tác giả: Guglielmo Forges Davanzati
• Ngôn ngữ: eng
• ISBN-10: 0203016793
• ISBN-10: 0415365392
• ISBN-10: 1134215800
• ISBN-10: 1134215843
• ISBN-10: 1134215851
• ISBN-10: 6610506140
• ISBN-13: 978-0203016794
• ISBN-13: 978-0415365390
• ISBN-13: 978-1134215805
• ISBN-13: 978-1134215843
• ISBN-13: 978-1134215850
• ISBN-13: 978-6610506149
• Ký hiệu phân loại: 330.1 Systems, schools, theories
• Thông tin xuất bản: New York, NY : Routledge, 2006.
• Mô tả vật lý: 1 online resource (xvi, 144 pages)
• Bộ sưu tập: Xã hội, Kinh tế, Luật
• ID: 281637
• Chủ đề: 1. Economics--Moral and ethical aspects; 2. Income distribution--Moral and ethical aspects; 3. Institutional economics

Includes bibliographical references and indexes.

Tóm tắt

In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutions) which bind agents in their behaviour, allowing efficient outcomes. This idea is contrary to the General Equilibrium Model (GEM) where markets are pictured as working in an institutional vacuum and where social and historical variables play no role. However, in more recent times, a large group of economists have begun to insert social and moral variables into standard models based on the rational choice paradigm, following the increasing inter.