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Ethics and Economics

Předmět na Fakulta sociálních věd |
JPB368

Sylabus

Week 1

Introduction to the course (Linking Ethics and Economics.  Institutions, Organizations and Ethics)

Consequentialist x Categorical Reasoning

Ethical Pre-Understanding of Real Situations

Empiricist Ethics (Empiricism. Hedonism. David Hume. Utilitarianism)

Moral reasoning: sound and valid arguments

Utility in Economic Models

What is Ethics? (Ethics as Practical Philosophy. Forms of Ethics)

Required Reading:

Max Weber: Politics as Vocation (Can be found on web) e.g. http://anthropos-lab.net/wp/wp-content/uploads/2011/12/Weber-Politics-as-a-Vocation.pdf

Week 2

Philosophy - Selected Topics

Philosophy of Science

Philosophy of Social Science

Exercising of moral reasoning on Legality of Drugs

Required Reading:

John Stuart Mill - Utilitarianism (e.g. https://www.earlymoderntexts.com/assets/pdfs/mill1863.pdf )

Optional Readings: http://web.uncg.edu/dcl/courses/viceCrime/m6/nadelmann%20-%20the%20case%20for%20legalization.htm https://www.commentarymagazine.com/articles/against-the-legalization-of-drugs/  

Week 3

Philosophy of Social Science - Continued

     Macrosocial Science and Functionalism

     Moral Questions and Social Science

Philosophy of Economics

Exercising of moral reasoning on abortion

Required Reading:

Milton Friedman - The Methodology of Positive Economics (e.g. https://docs.google.com/viewer?a=v&pid=sites&srcid=ZGVmYXVsdGRvbWFpbnx0c3puZ2F3b25nfGd4OjE3MDM2MDQ3OWRmZWE1NTY )

Optional Readings: http://spot.colorado.edu/~heathwoo/Phil160,Fall02/thomson.htm http://faculty.polytechnic.org/gfeldmeth/45.marquis.pdf  

Week 4

From Personal to Social and Economic Ethics

               Human Person in Human Relations               Human Relations in Institutional Intermediation

               Social and Economic ethics

Comparison of methodological and theoretical bases of Neoclasical Synthesis and Postkeynesian Economics

Exercising of moral reasoning on migration

Required Reading:

Ludwig von Mises: Human Action - Introduction (Economics and Praxeology, The Epistemological Problem of a General Theory of Human Action, Economic Theory and the Practice of Human Action, Résumé) (e.g. https://cdn.mises.org/Human%20Action_3.pdf )

Optional Readings: http://www.garretthardinsociety.org/articles_pdf/living_on_a_lifeboat.pdf http://www.nytimes.com/1999/09/05/magazine/the-singer-solution-to-world-poverty.html  

Week 5

Theory of Choice

Immanuel Kant and Categorical Reasoning

Thomas Aquinas and Conscience

Exercising of moral reasoning on "helping to the poor"

Comparison of different approaches: Ethical Egoism, Social Contract approach, Utilitarianism and Christian approach

Required Reading:

Friedrich August von Hayek: Law, legislation and Liberty - Chapter 7 (General Welfare and Particular Purposes) (e.g. https://libsa.files.wordpress.com/2015/01/hayek-law-legislation-and-liberty.pdf )

Optional Readings: https://www.jefftk.com/rachels-2013-immorality-having-children.pdf http://users.manchester.edu/Facstaff/SSNaragon/Online/texts/425/Sen,%20PropertyHunger.pdf  

Week 6

Four Levels for Judgement of Rules

Iterative Relation between Individual Rules and Social Norms

Psyche – Psychological and Philosophical Insight

Social Stability - Giving Reasons to Ethical Norms

Are there some universal human rights?

Exercising of moral reasoning on the ethics of war and peace

Required Reading:

CFA Institute Code of Ethics and Standards of Professional Conducts (just 2 pages) (please find on https://www.cfainstitute.org/pages/index.aspx  under EthicsAndStandards)

Optional Readings: http://www2.hawaii.edu/~freeman/courses/phil100/14.%20The%20Ethics%20of%20War%20and%20Peace.pdf https://www.dissentmagazine.org/wp-content/files_mf/1428085978JohnRawls.pdf  

Week 7

Constitutional Economics I

Origin

Constitutional Contract

The Contractarian Birth of State

Postconstitutional Contract

Public Goods and Common Resources

Selfrealization and Freedom I

Exercising of financial analysts ethics: Ethics Codes, CFA Ethics Code, CFA Standards of Professional Conduct  

Required Reading:

Immanuel Kant, Groundwork for the Metaphysics of Morals (1785) (e.g. https://cpb-us-w2.wpmucdn.com/blog.nus.edu.sg/dist/c/1868/files/2012/12/Kant-Groundwork-ng0pby.pdf )

Week 8

Constitutional Economics II

Status Quo

Contractual Changes in the Status Quo

Dual Capacity of State

Order as Public Goods

Order as Public Capital Goods

Are we not governed too much?

What can we do with that?

Redistributive Role of the State

Selfrealization and Freedom II

Guilt and Shame

Exercising of moral reasoning on terrorism and torture

Required Reading:

Karl Raimund Popper: The Open Society and Its Enemies Vol. 1 - Chapter 1 (Historicism and the Myth of Destiny) and Chapter 9 (Estheticism, Radicalism and Utopianism) (e.g. on https://epdf.pub/the-open-society-and-its-enemies-the-spell-of-platoa93dec0c92690f48572982c5940e421739524.html (download as Full Text)

Optional Readings: http://www.taipeitimes.com/News/editorials/archives/2002/11/27/0000184966 http://scholarship.law.georgetown.edu/cgi/viewcontent.cgi?article=1163&context=facpub  

Week 9:

Anotace

Because of bad epidemiologic situation, we are fully online this semester, using Zoom, in the scheduled time. There are no required prerequisites for this course.

This course is interdisciplinary: many currently relevant social, political and economic topics are covered using concepts from philosophy, methodology, ethics, social sciences, economics and finance. Relevant topics are, e.g.:

Legality of drugs

Abortion

Migration

Helping to the poor

Ethics of war and peace

Ethics Codes - especially CFA (Chartered Financial Analyst) Ethics Code

Terrorism and torture

Animals and Ecological Ethics

Family, marriage, household

The death penalty

Euthanasia

Ethics of civil disobediance

Affirmative action and discrimination

Adoption to gay or lesbian pairs

Genetical engineering

Selling organs for transplantation

Course Learning Objective:

By the end of this course students will be able to discuss different topics with understanding of relevant concepts from philosophy, methodology, ethics, social sciences, economics and finance.