Chapter

Setting the Stage

James Halteman and Edd Noell

in Reckoning with Markets

Published in print February 2012 | ISBN: 9780199763702
Published online May 2012 | e-ISBN: 9780199932252 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199763702.003.0001
Setting the Stage

Show Summary Details

Preview

This chapter stages a group discussion with fifteen participants from all periods of history. A facilitator moderates the conversation, but the content of the session uses the words of the participants as quoted from their sources. Some involved are Aristotle, Thomas Aquinas, Adam Smith, Karl Marx, Jeremy Bentham, Alfred Marshall, J. S. Mill, Thorstein Veblen, J. M. Keynes, Milton Friedman, Friedrich Hayek, and Amartya Sen. The topics cover the nature of persons, whether the social order is mechanistic or engineered by human ingenuity, what role morals play in economic analysis, and the tension between individualism and community in social life. While it is recognized that history cannot be compressed into one context, the dialogue shows the various perspectives on common issues. Each participant appears in later chapters in his proper context.

Keywords: human nature; adam smith; jeremy bentham; milton friedman; karl marx

Chapter.  4140 words. 

Subjects: Financial Markets

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.