Ethical Reflections on the Financial Crisis 2007/2008 Making Use of Smith, Musgrave and Rajan /

• Main Author: Ver Eecke, Wilfried (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013.
• Series: SpringerBriefs in Economics,
• Subjects: Finance.; Political economy.; Ethics.; Economic history.; Macroeconomics.; International economics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Finance, general.; International Economics.; Political Economy.; Methodology/History of Economic Thought.

In this book the author reflects on the philosophical and ethical bases of the financial crisis 2007-08 and the subsequent recession. He finds in Adam Smith solid arguments for the new free market economy, capitalism, but also arguments for a  role for the government in the case of public goods (roa...

Table of Contents:

• Introduction
• Adam Smith and the Free Market
• The Concepts of Private, Public and Merit Goods
• Business Ethics and Eleven Categories of Merit Goods
• The Ethical and Socio-political Dimensions of the Financial Crisis of 2007-08 and the Subsequent Recession
• Conclusion.