David Brat - 2005 - Philosophy of Economics (unpublished)
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We have heard the propagandists on Professor Brat and his Tea Party defeat of establishment, pro-amnesty RiNO Eric Cantor, now let's read from the Professor himself! David Brat - Philosophy of Economics - History of Science Method and Ethics Book Abstract The goal of this reader is to help you to understand the relation between the realm of philosophical ethics and the academic field of economics, within the context of the liberal arts education. Notice that the goal is not to teach any certain system of ethics. Nor is this a book on business ethics. Rather the goal is to explain whether ethics is possible at all within the field of economics as it has emerged over the past century. The introduction at the beginning of the book as well as the introductions to the three sections of this book will also attempt to tie the material together as you progress through this line of economic thought. We will find that among these eminent economists, there are many definitions of what economics is and also of what economics should be. From these famous definitions of economics, these chapters will begin to make the logical connections between economics and the possibility of ethics. Introduction I. Early Definitions and Methods for Political Economy Two Treatises on Civil Government: The Rational and the Industrious John Locke - 1722 The Wealth of Nations: Self-Interest and the Common Good Adam Smith - 1776 On the definition and method of political economy. John Stuart Mill - 1836 Principles of Economics: Book I The Social Context of Economics Alfred Marshall - 1890 Objectivity and understanding in economics. Max Weber - 1904 The nature and significance of economic science. Lionel Robbins - 1935 2 II. Logical Positivism as the Method for Economic Science A Logical Positivist - On Verification in Economics Terence Hutchison - 1956 A Logical Empiricist with an Instrumentalist Twist - The Methodology of Positive Economics Milton Friedman 1953 Response: A Necessary Evil in Economic Science - Testability and Approximation Herbert Simon - 1963 A Critical Response to Friedman III. Values, Conversations, Rhetoric and Ethics What is an Economic Fact? - Implicit Values in Economics Gunnar Myrdal - 1954 An Assessment of Adam Smith, John Maynard Keynes & Karl Marx: Science and Ideology. Joseph Schumpeter - 1949 The Rhetoric of Economics Donald McCloskey - 1983 Conversations with Economists - (Lucas 95, Tobin 81, Modigliani 85 & Solow 87) Arjo Klamer - 1984 Rhetoric and Ideology Robert Heilbroner - 1988 Eminent Economists: Their Life Philosophies. Michael Szenberg - 1992 1) Kenneth Arrow - I Know a Hawk from a Handsaw 2) James M. Buchanan - From the Inside Looking Out 3) Paul A. Samuelson - My Life Philosophy: Policy Credos and Working Ways