9780791493526
America's Economic Moralists: A History of Rival Ethics and Economics share button
Donald E. Frey
Format Paperback
Dimensions 5.90 (w) x 8.90 (h) x 0.90 (d)
Pages 247
Publisher State University of New York Press
Publication Date January 2010
ISBN 9780791493526
Book ISBN 10 0791493520
About Book

Since colonial times, two discernable schools have debated major issues of economic morality in America. The central norm of one morality is the freedom, or autonomy, of the individual and defines virtues, vices, obligations, and rights by how they contribute to that freedom. The other morality is relational and defines economic ethics in terms of behaviors mandated by human connectedness. America's Economic Moralists shows how each morality has been composed of an ethical outlook paired with a compatible economic theory, each supporting the other. Donald D. Frey adopts a multidisciplinary approach, not only drawing upon historical economic thought, American religious thought, and ethics, but also finding threads of economic morality in novels, government policies, and popular writings. He uses the history of these two supported yet very different views to explain the culture of excess that permeates the morality of today's economic landscape.

Reviews

CHOICE

“…Frey’s book is a timely and welcome contribution to the literature on ethics in business and economics. He provides scholars the much-needed historical background on the development of thoughts related to economic morality since Colonial times.”

Christian Century

“…a monumental project that surveys the work of over 100 writers and their treatment of autonomy and relational morality … America’s Economic Moralists is an invaluable resource. Frey’s two categories of moralists provide an innovative typology around which constructive discussion of morality and economics can occur.”

EH.net

“…America’s Economic Moralists is one of those still rare academic explorations of this subject … The strength of Frey’s book lies in the author’s ability to condense the study of a quite large number of schools of economic morality into workable, chronologically directed chapters … provide[s] a useful lens for thinking through competing visions of economic morality in America, and underscores the truth that there is no such thing as a value-free economic science.”

Research in the History of Economic Thought and Methodology

“Do not be deceived by the apparent thinness of this book. The mere 216 pages are dense, the subject is weighty … there is probably no one out there except for Frey who brings to the subject of economics and ethics the impressive historical breadth of this book.”

Review of Social Economics

“…a book full of new thoughts and ideas … It is a book that is needed and ought to be widely read so that everyone might come to understand what lies behind their thinking.”