After the Financial Crisis: The Ethics and Economics Debate Revisited
The recent international events, with a major financial crisis all over the world, involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. In this paper I will present some of the dimensions of the debate between ethics and economics that are behind the fundamental issue of the role of ethical responsibilities in the financial crisis. I want to argue for a close link between ethics and economics which can be presented as a challenge to the traditional view that there should be a strict separation between ethical and economic rationality.
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