George F. DeMartino's Books

The Tragic Science

How Economists Cause Harm (Even as They Aspire to Do Good)

By: George F. DeMartino

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The Tragic Science

How Economists Cause Harm (Even as They Aspire to Do Good)

By: George F. DeMartino

A forceful critique of the social science that has ruled—and damaged—the modern world. The practice of economics, as economists will tell you, is a powerful force for good. Economists are the guardians of the world’s economies and financial systems. The applications of economic theory can alleviate poverty, reduce disease, and promote sustainability. While this narrative has been successfully propagated by economists, it belies a more challenging truth: economic interventions, including those economists deem successful, also cause harm. Sometimes the harm is manageable and short-lived. But just as often the harm is deep, enduring, and even irreparable. And too often the harm falls on those least able to survive it. In The Tragic Science, George F. DeMartino says what economists have too long repressed: that economists do great harm even as they aspire to do good. Economist-induced harm, DeMartino shows, results in part from economists’ “irreparable ignorance”—from the fact that they know far less than they tend to believe they know—and from disciplinary training that treats the human tolls of economic policies and interventions as simply the costs of promoting social betterment. DeMartino details the complicated nature of economic harm, explores economists’ frequent failure to recognize it, and makes a sobering case for professional humility and for genuine respect for those who stand to be harmed by economists’ practice. At a moment in history when the economics profession holds enormous power, DeMartino’s work demonstrates the downside of its influence and the responsibility facing those who practice the tragic science.

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Page Count

278

Publisher

University of Chicago Press

Published Date

ISBN 10

0226821242

ISBN 13

9780226821245

The Tragic Science

How Economists Cause Harm (Even as They Aspire to Do Good)

By: George F. DeMartino

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The Tragic Science

How Economists Cause Harm (Even as They Aspire to Do Good)

By: George F. DeMartino

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278

Publisher

University of Chicago Press

Published Date

ISBN 10

0226821242

ISBN 13

9780226821245

The Economist's Oath

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

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The Economist's Oath

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work. The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist." The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.

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Page Count

272

Publisher

Oxford University Press

Published Date

ISBN 10

0199813434

ISBN 13

9780199813438

The Economist's Oath

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

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The Economist's Oath

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

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273

Publisher

Oxford University Press

Published Date

ISBN 10

0199813736

ISBN 13

9780199813735

Global Economy, Global Justice

Theoretical and Policy Alternatives to Neoliberalism

By: George DeMartino

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Global Economy, Global Justice

Theoretical and Policy Alternatives to Neoliberalism

By: George DeMartino

This text presents a devastating critique of the currently fashionable idea of globalisation. Using comprehensive and non-technical language this book looks at the world's cultural and value diversity, and questions whether it is possible to impose a global policy, given these differences. Topics covered include: * theories of distribution and welfare * what leads to a good economic outcome? * Egalitarian theories of welfarism * global neoliberalism and the free market culture.

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Page Count

294

Publisher

Routledge

Published Date

ISBN 10

1134592809

ISBN 13

9781134592807

The Economist's Oath:On the Need for and Content of Professional Economic Ethics

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

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The Economist's Oath:On the Need for and Content of Professional Economic Ethics

On the Need for and Content of Professional Economic Ethics

By: George F. DeMartino

Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work.The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist."The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.

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Age

Page Count

272

Publisher

Oxford University Press, USA

Published Date

ISBN 10

0199730563

ISBN 13

9780199730568

Book's by George F. DeMartino

The Tragic Science

The Tragic Science

The Tragic Science

The Tragic Science

The Economist's Oath

The Economist's Oath

The Economist's Oath

The Economist's Oath

Global Economy, Global Justice

Global Economy, Global Justice

The Economist's Oath:On the Need for and Content of Professional Economic Ethics

The Economist's Oath:On the Need for and Content of Professional Economic Ethics

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