Ethics and the economy

Teacher(s)

Vanderborght Yannick;

Language

French

Prerequisites

The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.

Learning outcomes

At the end of this learning unit, the student is able to :

Identify and understand the main theories of distributive justice, as well as their relevance to normative economics Memorize the principles and concepts at the core of these different theories Compare these theories in order to assess their respective advantages and disadvantages Apply these theories to the analysis and evaluation of public policies and concrete economic behavior Develop a coherent ethical argumentation, distinguishing between facts and values

Content

Each section of the course focuses on a detailed presentation some of the main theories in contemporary economic ethics, to be applied to concrete cases. Among the issues that might be tackled in class: - Is it fair to tax the most productive workers in order to transfer money to the least productive? – Have we a moral obligation to give a share of our resources to NGOs in development aid? – Is an unconditional basic income a promising way to reform our welfare state?
These questions might be dealt with within a single theory, but will often require a dialogue between various theories.

The main sections of the course will be as follows (subject to change):
- General introduction
- Utilitarianism
- Meritocracy
- Marxism
- Libertarianism
- Liberal-egalitarianism
- Global justice

Teaching methods

Lecture with Powerpoint presentation. The active participation of students is most welcome. A course syllabus is made available at the start of the second term. While it contains an outline and brief summaries of the topics covered, much of the theoretical discussion and case study examples will not be included. Attendance at course is therefore strongly recommended.

Furthermore, students are required to read a book (or several articles) in economic ethics. Each year, a new list of readings is selected by the professor, and is part of the material to be studied for the exam.

Evaluation methods

The exam is written and consists of one or more questions on the required readings and several questions on the course material itself (authors, theories, historical facts, etc.). For detailed information on exam procedures and sample questions, students will check the exam procedures posted on Moodle.

Bibliography

Outre les lectures obligatoires (portefeuille de lectures ou ouvrage), de nombreuses références bibliographiques sont reprises dans le syllabus, pour information seulement.

Faculty or entity

> ESPB