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Philosophy of the EconomyEconomic Activities

Philosophy of the Economy: Economic Activities [This chapter analyzes economic activities from a consumer standpoint. Human needs award value to the goods that can satisfy them. Markets make it possible to price goods, facilitating exchange. Money serves as a means for exchange, a unit of measurement, a value reserve; it also has a value in itself. The market system’s appropriate workings require a set of virtues that are introduced. Additionally, the chapter describes reciprocity as another exchange form.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Philosophy of the EconomyEconomic Activities

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Publisher
Springer International Publishing
Copyright
© The Author(s) 2013
ISBN
978-3-319-02647-3
Pages
105 –115
DOI
10.1007/978-3-319-02648-0_8
Publisher site
See Chapter on Publisher Site

Abstract

[This chapter analyzes economic activities from a consumer standpoint. Human needs award value to the goods that can satisfy them. Markets make it possible to price goods, facilitating exchange. Money serves as a means for exchange, a unit of measurement, a value reserve; it also has a value in itself. The market system’s appropriate workings require a set of virtues that are introduced. Additionally, the chapter describes reciprocity as another exchange form.]

Published: Nov 28, 2013

Keywords: Economic value; Price; Market; Money; Virtues and economics; Reciprocity

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