Ethical Assumptions in Economic Theory: Some Lessons from the History of Credit and Bankruptcy

This paper evaluates the economic assumptions of economic theory via an examination of the capitalist transformation of creditor–debtor relations in the 18th century. This transformation enabled masses of people to obtain credit without moral opprobrium or social subordination. Classical 18th centur...

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Bibliographic Details
Main Author: Anderson, Elizabeth (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2004
In: Ethical theory and moral practice
Year: 2004, Volume: 7, Issue: 4, Pages: 347-360
Further subjects:B Economics
B Credit
B Libertarianism
B Property Rights
B Bankruptcy
B Capitalism
Online Access: Volltext (JSTOR)
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