The Moral Foundation of Economic Behavior , written by David C. Rose

The Moral Foundation of Economic Behavior , written by David C. Rose (Oxford: Oxford University Press, 2011), 269 pp. isbn 9780199781744 (hbk). $49.95. isbn 9780199360598 (pbk). $24.95. In The Moral Foundation of Economic Behavior , David C. Rose takes what philosophers would call a genealogical approach to morality. Though he constructs a systematic and fairly detailed theory of morality, he does not defend the theory with intuition pumps or straightforward moral argument. His approach to morality begins instead with this question: what work might morality do in an economic system with low transaction costs? How, in other words, might morality – that is, a set of widely and commonly held moral beliefs – itself contribute to making economic institutions more efficient by driving down transaction costs? The approach is genealogical – in the sense explained by Bernard Williams in Truth and Truthfulness (Princeton University Press, 2002), it is a vindicating (or at least a non-debunking) genealogy – because it rests on two assumptions: that the nature and content of morality derives from how it developed, and that we can understand how morality developed by asking how, within a scientifically realistic account of human nature, economic agents might have come to hold and act from a particular set of moral beliefs http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Moral Philosophy Brill

The Moral Foundation of Economic Behavior , written by David C. Rose

Journal of Moral Philosophy, Volume 13 (5): 607 – Sep 29, 2016

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Publisher
Brill
Copyright
© 2015 by Koninklijke Brill NV, Leiden, The Netherlands
Subject
Book Reviews
ISSN
1740-4681
eISSN
1745-5243
D.O.I.
10.1163/17455243-01305005
Publisher site
See Article on Publisher Site

Abstract

(Oxford: Oxford University Press, 2011), 269 pp. isbn 9780199781744 (hbk). $49.95. isbn 9780199360598 (pbk). $24.95. In The Moral Foundation of Economic Behavior , David C. Rose takes what philosophers would call a genealogical approach to morality. Though he constructs a systematic and fairly detailed theory of morality, he does not defend the theory with intuition pumps or straightforward moral argument. His approach to morality begins instead with this question: what work might morality do in an economic system with low transaction costs? How, in other words, might morality – that is, a set of widely and commonly held moral beliefs – itself contribute to making economic institutions more efficient by driving down transaction costs? The approach is genealogical – in the sense explained by Bernard Williams in Truth and Truthfulness (Princeton University Press, 2002), it is a vindicating (or at least a non-debunking) genealogy – because it rests on two assumptions: that the nature and content of morality derives from how it developed, and that we can understand how morality developed by asking how, within a scientifically realistic account of human nature, economic agents might have come to hold and act from a particular set of moral beliefs

Journal

Journal of Moral PhilosophyBrill

Published: Sep 29, 2016

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