38 research outputs found

    The return of Keynes

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    Skidelsky’s last work « The Return of the Master” gives a new perspective to his previous studies about J.M. Keynes. In this new light, he studies the Keynesian theories, no longer in the historical context in which they were developed, but using them to explain and to try to find a solution to modern economy. This work almost represents a denunciation towards the new economic theory system that loses sight of the importance of the uncertainty, and overestimated the value of currency, and have not considered other values such as ethics and morals.the return of Keynes's Theory

    Ethics and economics, a binomial possible and desirable relationship

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    the relationship between ethics economy was born with the same economy, from the lessons of A. Sen shows the importance of this relationship. And it is precisely the history of this source can give a new way to new ethical applicazini that can create new economic developmen

    Economics and ethics: a historical approach

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    Amartya Sen (1933-) is one of the greatest scholars who studied the relationship between ethics and economics and was held the Nobel Economics Prize thanks to this. At the awarding of the Nobel prize, while talking about his studies, the motive was: “...has been highly instrumental in restoring an ethical dimension to economics and related disciplines”. Precisely the theories of this binomial taken from the work of A. Sen “Economics and Ethics” are the basis of this work. Thanks to A. Sen there is proof that there has been a strong detachment of economics from ethics and this is to be considered as one of the greatest lack of the modern economic theory. The basis of the argument of the Nobel Prize winner is the idea that economy can be made more productive in paying more attention to ethical considerations which determine human beings’ behaviour and judgement. Sen, affirms that the predominant economic theory is the one based on individual interest aimed at the maximization of one’s own benefits, yet there aren’t proofs that this maximization is present in any choice of men. Moreover, it is not true that by only following one’s own interest it is possible to reach excellent economic trends. Adam Smith’s theory itself on self- interest, if careful interpretation is provided, do not represent a support for the defenders of human behavior which is only moved by self-interest. Obviously, there might be peculiar situations too where self-interest might lead to ethical approaches. Ethical economics is based on the behavior that individuals exercise in doing business practices. It is then useful to understand what causes such behaviors, therefore it is important to retrieve an interdisciplinary economic study, as Robert Skidelsky claims in his work “The return of the Master”. In this script he tries to give a perspective on the reasons which push an individual towards justice and equity. This dissertation arises from the theories of a few great political philosophers who found their teachings not only on the intrinsic reasons of the human nature but also on the role a State must have to make possible for a civil society to exercise those principles previously said. All the authors considered assume that the individual is a social animal and so the latter is analyzed and studied as integrated in a social context

    Economics and ethics: a historical approach

    Get PDF
    Amartya Sen (1933-) is one of the greatest scholars who studied the relationship between ethics and economics and was held the Nobel Economics Prize thanks to this. At the awarding of the Nobel prize, while talking about his studies, the motive was: “...has been highly instrumental in restoring an ethical dimension to economics and related disciplines”. Precisely the theories of this binomial taken from the work of A. Sen “Economics and Ethics” are the basis of this work. Thanks to A. Sen there is proof that there has been a strong detachment of economics from ethics and this is to be considered as one of the greatest lack of the modern economic theory. The basis of the argument of the Nobel Prize winner is the idea that economy can be made more productive in paying more attention to ethical considerations which determine human beings’ behaviour and judgement. Sen, affirms that the predominant economic theory is the one based on individual interest aimed at the maximization of one’s own benefits, yet there aren’t proofs that this maximization is present in any choice of men. Moreover, it is not true that by only following one’s own interest it is possible to reach excellent economic trends. Adam Smith’s theory itself on self- interest, if careful interpretation is provided, do not represent a support for the defenders of human behavior which is only moved by self-interest. Obviously, there might be peculiar situations too where self-interest might lead to ethical approaches. Ethical economics is based on the behavior that individuals exercise in doing business practices. It is then useful to understand what causes such behaviors, therefore it is important to retrieve an interdisciplinary economic study, as Robert Skidelsky claims in his work “The return of the Master”. In this script he tries to give a perspective on the reasons which push an individual towards justice and equity. This dissertation arises from the theories of a few great political philosophers who found their teachings not only on the intrinsic reasons of the human nature but also on the role a State must have to make possible for a civil society to exercise those principles previously said. All the authors considered assume that the individual is a social animal and so the latter is analyzed and studied as integrated in a social context

    The return of Keynes

    Get PDF
    Skidelsky’s last work « The Return of the Master” gives a new perspective to his previous studies about J.M. Keynes. In this new light, he studies the Keynesian theories, no longer in the historical context in which they were developed, but using them to explain and to try to find a solution to modern economy. This work almost represents a denunciation towards the new economic theory system that loses sight of the importance of the uncertainty, and overestimated the value of currency, and have not considered other values such as ethics and morals

    Circular Economy as a New Model for the Exploitation of the Agroindustrial Biomass

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    This paper focuses on a new concept of waste and by-products within the agricultural system, based upon the perspective of circular economy, which directs the agrifood chain and the life style towards a "zero waste" model. This new approach can be achieved through efficient small and industrial scale of bioenergy plants, biorefineries and environmentally friendly process for the production of biomolecules to be employed as active principles in agronomy, cosmetics, foods, feeds and pharmaceutical applications. In particular, the case study of this paper concerns the exploitation of Olea, Cynara and Chestnut tissues and byproducts as new source for energy and bioactive antioxidant and antimicrobial compounds (polyphenols) (PCT/IT/2009/09425529 Olea europaea L.; PCT/IT/2008/000135 Cynara scolymus L., MI2014A000177 Chestnut), which will also be assessed in different Italian district. The regional level has been chosen for this analysis because the local approach allows to avoid and/or reduce the economic and environmental cost of the waste transport. The polyphenols market is projected to reach 1 billion dollars by 2020 and 4,790 potential source plants are present in Europe. The recovery of chemicals and the production of energy, should be a continuous process of interaction between high technology and environmental and economic sustainability, making this kind of multifunctional platform highly innovative and consistent with the principles of the circular econom

    Hegel and Marx: The Moral Basis of Capitalist System

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    none1The SSRN ISSN number is 1556-5068CIANI SCARNICCI MCIANI SCARNICCI, Manuel
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