The Origins of Economy Derive from Ethics, a Detachment from it has to be Considered a Mistake

Abstract:     
Amartya Sen (1933-) is one of the greatest scholars who studied the relationship between ethics and economics and was held the Nobel Economics Prize thanks to this. At the awarding of the Nobel prize, while talking about his studies, the motive was: “...has been highly instrumental in restoring an ethical dimension to economics and related disciplines”. Precisely the theories of this binomial taken from the work of A. Sen “Economics and Ethics” are the basis of this work.

Thanks to A. Sen there is proof that there has been a strong detachment of economics from ethics and this is to be considered as one of the greatest lack of the modern economic theory. The basis of the argument of the Nobel Prize winner is the idea that economy can be made more productive in paying more attention to ethical considerations which determine human beings’ behaviour and judgement.

According to A. Sen one of the origins of economics is particularly the ethical one which dates back to Aristotle (384 ac-322 ac).

Number of Pages in PDF File: 9

Keywords: Sen, Aristotle, D'Acquino, Calvin, Economics and Ethics

JEL Classification: A1, A13

working papers series