ETHICS AND ECONOMICS
“ The social sciences have recently prided themselves on their ethical neutrality,” said Professor M. Oinsberg at the British Association. “ They insist that they are concerned not with things as they ought to be. but as they are. There can be no doubt that much confusion has been, caused by a failure to observe this distinction. Economics is said to be concerned solely with means, while the problem of ends is left to ethics. This is clearly untenable. Ethics cannot ignore means and economics cannot ignore ends. It is the moral issues involved which at present are most urgently in need of clarification. The effective handling of social problems involves a synthesis, but not a fusion of social science and social philosophy. If this be so, then the present organisation of teaching in the universities is sadly out of balance. The need for closer co-operation with social philosophy is even clearer in connection with the teaching of political science, and especially of international relations.”
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Otago Daily Times, Issue 23350, 16 November 1937, Page 10
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166ETHICS AND ECONOMICS Otago Daily Times, Issue 23350, 16 November 1937, Page 10
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