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Full Description
John Maurice Clark's article "The Changing Basis of Economic Responsibility," published in the Journal of Political Economy, is the topical starting point for all scholars interested in economic responsibility and responsible economic action. John Maurice Clark (1884-1963), a leading institutional economist, reflected on the consequences of the social and economic change taking place at the turn of the last century for the responsibility of individuals, businesses, and corporations and called for the development of an economics of responsibility. This book contains in-depth articles by scholars from within and beyond economics who continue on the Clark project or address actual problems calling for economic responsibility in the light of his approach.
Contents
Preface and acknowledgements.- Foreword.- 1 From the Economics of Responsibility to Economic Responsibility: Introduction; Michaela Haase.- Part I Theories and Frameworks: Interdependence and Complexity.- 2 John Maurice Clark: An Early Classic of Ordo Responsibility; Ingo Pies.- 3 Externalities, Complexity and Justice: Exploring the New Paradigm of 'Deliberative Trade Policy'; Carsten Herrmann-Pillath.- 4 The Regulative Idea of Recursive Operations: A Second-Order Cybernetic Approach to Responsibility; Stefan Hielscher and Helge Löbler.- Part II Topics: Problematic Online Advertising and Female Homeworkers in a Global Supply Chain.- 5 Who is Responsible? Institutions for Self-Control and the Spread of Problematic Online Advertising; Jutta Krautter, Markus Feiks, Uta Müller and Guido Zurstiege.- 6 The Position of Female Homeworkers in a Global Supply Chain: How Do Capitalist Labor Market Practices Interplay with Gender Ideologies?; Farah Naz.- Part III Consequences: Economic Models and Economic Responsibility.- 7 On the Responsibility for Economic Models and their Use; Klaus Kornwachs.- 8 Economic Responsibility Revisited; Michaela Haase.- About the Authors.- Appendix - The Changing Basis of Economic Responsibility by John Maurice Clark.- Index.
