Chapter

“I Do Solemnly Swear”

George F. DeMartino

in The Economist’s Oath

Published in print January 2011 | ISBN: 9780199730568
Published online September 2011 | e-ISBN: 9780199896776 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199730568.003.0001
“I Do Solemnly Swear”

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This chapter discusses the idea of a professional economic oath of ethics and whether such an oath exists. The chapter finds this lack interesting and explains in detail why this is so. Economics appears to operate on the presumption that the answer to the ethical questions that arise in economic practice are so obvious that they require no sustained attention. The chapter concludes that the economics profession faces an obligation to examine the ethical substance of its practice. A properly specified professional economics ethics would improve conduct not through legislation but through careful attention to the complex responsibilities that attend the economist's influence.

Keywords: professional economic oath; ethical questions; economic practice; economics ethics; responsibilities

Chapter.  7300 words. 

Subjects: Public Economics

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