Economics Students Society of Australia
  • Home
  • About

morality

A collection of 2 posts
Rationality on trial in three exhibits
cost-benefit analysis

Rationality on trial in three exhibits

Practically every first-year Commerce student is introduced to Microeconomics through the all-important assumption of rational decision-makers: a “rational” person makes a decision by comparing the marginal benefit of an action against the marginal cost it incurs. The economy as visualised in the textbooks is made up of all these rational
Aug 31, 2014 4 min read
Markets and morality
CSR

Markets and morality

In recent years, the interrelationship between ‘free markets’ and morality has become increasingly apparent. Stories of corporate corruption, unethical animal testing and the exploitation of workers in third world countries arise frequently in the media. As the global economy recovers from the trauma induced by the GFC, we are constantly
Mar 20, 2014 4 min read
Economics Students Society of Australia © 2023
  • Sign up
Powered by Ghost