The common good and economics

This paper analyzes the meaning of the 'common good' and its impact on economics. It adopts the 'classical notion of the common good' which, conceived by Aristotle and further developed by Thomas Aquinas, has been widely used for centuries. Sections 2 and 3 introduce Aristotle�...

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Detalles Bibliográficos
Autor: Crespo, Ricardo F.
Tipo de recurso: artículo
Fecha de publicación:2016
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/685350
Acceso en línea:http://hdl.handle.net/10486/685350
https://dx.doi.org/10.1016/j.cesjef.2015.09.001
Access Level:acceso abierto
Palabra clave:Capability approach
Common good
Happiness economics
Economía
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spelling The common good and economicsBien común y economíaCrespo, Ricardo F.Capability approachCommon goodHappiness economicsEconomíaThis paper analyzes the meaning of the 'common good' and its impact on economics. It adopts the 'classical notion of the common good' which, conceived by Aristotle and further developed by Thomas Aquinas, has been widely used for centuries. Sections 2 and 3 introduce Aristotle's view on this notion, followed by Aquinas' developments. Section 4 addresses the different meanings of common good in the 20th century. Given that the classical version of the common good implies an anthropological position and a theory of the good, Section 5 extracts them from Aristotle's works, while Section 6 deduces policy implications from the previous definitions. Finally, Section 7 analyzes two current economic theories from the point of view of their relation with the common good: economics of happiness and the capability approach. The final section presents a brief conclusion.Este documento analiza el significado del ‘‘bien común’’ y su impacto en la Economía. Adopta la ‘‘noción clásica del bien común’’ que, concebida por Aristóteles y desarrollada posteriormente por Tomás de Aquino, ha sido ampliamente utilizada durante siglos. La segunda y tercera secciones introducen la visión aristotélica sobre esta noción, seguida de los desarrollos de Aquino. La cuarta sección aborda los diferentes significados del bien común, pertenecientes al siglo XX. Dado que la versión clásica del bien común implica una posición antropológica y una teoría del bien, la quinta sección extrae ambos conceptos de la obra de Aristóteles, mientras que la sección sexta deduce las implicaciones políticas de las definiciones anteriores. Por último, la séptima sección analiza dos teorías económicas actuales, desde el punto de vista de su relación con el bien común: la economía de la felicidad y el enfoque de las capacidades. La sección final incluye una breve conclusiónElsevier España S.L.U.20162016-10-31research articlehttp://purl.org/coar/resource_type/c_2df8fbb1VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10486/685350https://dx.doi.org/10.1016/j.cesjef.2015.09.001reponame:Biblos-e Archivo. Repositorio Institucional de la UAMinstname:Universidad Autónoma de MadridInglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:repositorio.uam.es:10486/6853502026-06-23T12:46:27Z
dc.title.none.fl_str_mv The common good and economics
Bien común y economía
title The common good and economics
spellingShingle The common good and economics
Crespo, Ricardo F.
Capability approach
Common good
Happiness economics
Economía
title_short The common good and economics
title_full The common good and economics
title_fullStr The common good and economics
title_full_unstemmed The common good and economics
title_sort The common good and economics
dc.creator.none.fl_str_mv Crespo, Ricardo F.
author Crespo, Ricardo F.
author_facet Crespo, Ricardo F.
author_role author
dc.subject.none.fl_str_mv Capability approach
Common good
Happiness economics
Economía
topic Capability approach
Common good
Happiness economics
Economía
description This paper analyzes the meaning of the 'common good' and its impact on economics. It adopts the 'classical notion of the common good' which, conceived by Aristotle and further developed by Thomas Aquinas, has been widely used for centuries. Sections 2 and 3 introduce Aristotle's view on this notion, followed by Aquinas' developments. Section 4 addresses the different meanings of common good in the 20th century. Given that the classical version of the common good implies an anthropological position and a theory of the good, Section 5 extracts them from Aristotle's works, while Section 6 deduces policy implications from the previous definitions. Finally, Section 7 analyzes two current economic theories from the point of view of their relation with the common good: economics of happiness and the capability approach. The final section presents a brief conclusion.
publishDate 2016
dc.date.none.fl_str_mv 2016
2016-10-31
dc.type.none.fl_str_mv research article
http://purl.org/coar/resource_type/c_2df8fbb1
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10486/685350
https://dx.doi.org/10.1016/j.cesjef.2015.09.001
url http://hdl.handle.net/10486/685350
https://dx.doi.org/10.1016/j.cesjef.2015.09.001
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier España S.L.U.
publisher.none.fl_str_mv Elsevier España S.L.U.
dc.source.none.fl_str_mv reponame:Biblos-e Archivo. Repositorio Institucional de la UAM
instname:Universidad Autónoma de Madrid
instname_str Universidad Autónoma de Madrid
reponame_str Biblos-e Archivo. Repositorio Institucional de la UAM
collection Biblos-e Archivo. Repositorio Institucional de la UAM
repository.name.fl_str_mv
repository.mail.fl_str_mv
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