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A methodological note on ethics,economics, and the justification of action
Authors:Hans-Peter Weikard
Institution:(1) Department of Economics, University of Bristol, BS9 1TN Bristol, U.K.;(2) Institut für Agrarökonomie, Universität Göttingen, Platz der Göttinger Sieben 5, D-3400 Göttingen, Germany
Abstract:Two disciplines claim to provide justification of action. Ethics gives you moral reasons to act upon, whereas economics exploits the concept of rationality. The paper discusses two theories of interdisciplinarity of ethics and economics in order to clarify the relationship. The traditional view of a hierarchical ordering of ethics and economics is rejected, and it is claimed that there are substantial economic contributions to ethical justification.
Keywords:Methodology of economic ethics  interdisciplinarity  justification of action
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