TY - JOUR
AU1 - Masudul Alam Choudhury
AU2 - Mohammad Ziaul Hoque
AB - The theme of micro‐foundation of economic theory has not been adequately addressed. This is true even of those who pioneered the area of micro‐foundation of macro‐economics. The great missing link in economic theory, both of micro‐economics and macro‐economics, is the inability to methodologically integrate ethical and moral values through preference mapping. This missing methodology disables the study of institutions, policy formulation and normative statements of structural transformation. On the other hand, such issues are once again haunting the human race in the murky and troubled global relations today – from capitalism to war to governance. This paper addresses the preference mapping and embedding of ethical and moral issues as endogenous dynamics in economic theory. The approach is rigorous and methodological.
TI - Ethics and economic theory
JF - International Journal of Social Economics
DO - 10.1108/03068290410546048
DA - 2004-08-01
UR - https://www.deepdyve.com/lp/emerald-publishing/ethics-and-economic-theory-q05SyxfN0C
SP - 790
EP - 807
VL - 31
IS - 8
DP - DeepDyve
ER -