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The Ethics of Freedom: On the Moral Foundations of Economic Analysis

dc.contributor.authorMartins, Nuno Miguel Ornelas
dc.date.accessioned2014-06-12T16:09:40Z
dc.date.available2014-06-12T16:09:40Z
dc.date.issued2009
dc.description.abstractAmartya Sen criticises the utilitarian philosophy that underpins neoclassical economics, and suggests the development of an economic theory grounded on a broad conception of freedom. According to the article, freedom includes for Sen two dimensions, namely the opportunity aspect and the process aspect. The opportunity aspect of freedom consists in the capability to achieve the goals that freedom provides us with, and, thus, can be seen in a consequentialist fashion. The procedural dimension of freedom, on the other hand, highlights the role of rights and procedures, and is in line with deontological approaches to ethics. But since deontological (or procedural) and consequentialist approaches to ethics are often said to be incompatible, the article raises the question of whether Sen’s conception is coherent or not. The author of the article argues that consequentialist and deontological approaches need not be incompatible, whereby he underlines in a special way the role of uncertainty as a key element in the understanding of the relationship between those two views of ethics. Finally, the article also assesses the coherence of A. Sen’s conception of the economic agent, a conception that resorts both to the notion of “moral sentiments” developed by Adam Smith as well as to the notion of “moral imperatives” developed by Kant.por
dc.identifier.citationMARTINS, Nuno Miguel Ornelas - The Ethics of Freedom: On the Moral Foundations of Economic Analysis. Revista Portuguesa de Filosofia. ISSN 0870-5283 Vol. 65, N.º 1-4 (2009), p. 349-375por
dc.identifier.urihttp://hdl.handle.net/10400.14/14614
dc.language.isoengpor
dc.peerreviewedyespor
dc.subjectAgencypor
dc.subjectCapabilitiespor
dc.subjectConsequentialismpor
dc.subjectEconomic analysispor
dc.subjectEmotionspor
dc.subjectEthics, Consequentialist view ofpor
dc.subjectEthics, Deontological view ofpor
dc.subjectFreedom, Economicpor
dc.subjectImperative, Categoricalpor
dc.subjectIntention, Moralpor
dc.subjectKant, Immanuel (1724-1804)por
dc.subjectLibertarianismpor
dc.subjectMaximspor
dc.subjectMicroeconomicspor
dc.subjectMoral Principlespor
dc.subjectNozick, Robert (1938-2002)por
dc.subjectOpp ortunitypor
dc.subjectProbabiliorismpor
dc.subjectProbabilismpor
dc.subjectProbability, Ethicalpor
dc.subjectProcedures, Ethicalpor
dc.subjectRelativity, Agentpor
dc.subjectSen, Amartya Kumar (1933-)por
dc.subjectSentimentspor
dc.subjectUncertainty, Ethicalpor
dc.subjectUtilitarianismpor
dc.subjectUtilitypor
dc.subjectVirtue Ethicspor
dc.subjectWelfare economicspor
dc.titleThe Ethics of Freedom: On the Moral Foundations of Economic Analysispor
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor

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