Work detail

Ethics and economics

Author: Bc. Jana Tůmová
Year: 2013 - summer
Leaders: prof. Ing. Lubomír Mlčoch CSc.
Consultants:
Work type: Bachelors
Language: Czech
Pages: 59
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/123617/
Abstract: Bachelor thesis called Ethics and Economics deals with two masterpieces of the founder of economic science, Adam Smith, The Wealth of Nations and The Theory of Moral Sentiments. Research in fields of economy and ethics seems to be very distinctive nowadays, however it has not been the same case during the past. Nevertheless, Adam Smith was able to present both fields as interdependent. Sympathy as innate human emotion is the foundation for moral judgment by which we approve or disapprove actions of others. We also try to gain as favorable judgment of others as possible. In order to do so we follow some general rules. Only if people respect such rules and the justice can trigger any economic activity. Otherwise, for example in case of the lackness of trust between individuals, the human society might collapse.

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