Reintroducing Ethics to Economics and Development Theories
3 Pages Posted: 18 Jan 2011
Date Written: December 17, 2010
Frank Jan de Graaf argues that the domination of neoclassical economic thinking in academia has contributed to the economic crisis and hindered thinking about sustainable development. Currently, ethics is re-entering the debate about how to develop prosperous open societies. A group of NGOs recently came up with an interesting alternative perspective on economics and social development. Their thinking could enrich mainstream economics.
Keywords: Economics, methodology, development studies, ethics
JEL Classification: B00, B41, F02, I30
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