Thursday, June 5, 2014

Expanding the Economics Horizon!

Since the virtues are both ends and means there is a confusion about how they fit into economics and so there tends to be an artificial separation between ethics and economics. But the virtues are at the same time undeniably means and therefore an important subject of study within economics - which is the study of the means to attain the ends. For example, creativity is a means and trustworthiness is a means, etc.

The divine economy theory opens a new vista in economic science because it critically examines and successfully overcomes the artificial separation of economics and ethics. If the economics that you are practicing does not make it possible to analyze human virtues as means to an ends then it is time to expand your horizons! 

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