Ethics vs Economics - What's the difference?
ethics | economics |
(philosophy) The study of principles relating to right and wrong conduct.
Morality.
The standards that govern the conduct of a person, especially a member of a profession.
(social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
* {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
, title=
As a noun ethics
is (philosophy) the study of principles relating to right and wrong conduct.As an adjective economics is
.ethics
English
(wikipedia ethics)Noun
(-)Usage notes
* Although the terms ethics'' and ''morality'' may sometimes be used interchangeably, philosophical ethicists often distinguish them, using ''ethics'' to refer to theories and conceptual studies relating to good and evil and right and wrong, and using ''morality'' and its related terms to refer to actual, real-world beliefs and practices concerning proper conduct. In this vein, the American philosopher , ed., ''The Philosophy of Brand Blanshard , Library of Living Philosophers, ISBN 0875483496, "Autobiography", p. 85. * In particular, in general usage ethical'' is used to describe standards of behavior between individuals, while ''moral'' or ''immoral can describe any behavior. You can call lying unethical or immoral, for example, because it involves the behavior of one person and how it affects another, but violating dietary prohibitions in a holy text would be described as immoral.Synonyms
* moral philosophyDerived terms
* applied ethics * bioethics * business ethics * comparative ethics * descriptive ethics * environmental ethics * ethicist * medical ethics * metaethics * normative ethics * situational ethicsSee also
* aretaicsExternal links
*References
Anagrams
*economics
English
(wikipedia economics)Alternative forms
* (archaic)Noun
(-)Boundary problems, passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.}}