What Good Markets Are Good ForTowards a Moral Justification of Free Markets
Economics & Ethics: New Textbooks for High School and Bachelor Students (F)
The guiding hypothesis (the ‘Big Thesis’) that our project as a whole set out to corroborate is:
Societies with free market economies flourish because and in so far as the key market actors (states, businesses and individuals) respect morality, and act virtuously
In part F of the project, results of the entire research project will be translated for educational use, both at a high school level and at an academic level.
Economics & Ethics: ‘Educational Disconnect’
The lack of moral perspectives in economics and business curricula, the ‘educational disconnect’, has been criticized earlier (Ghoshal 2005; Khurana 2007; Elegido 2009; Hühn 2014). If the results of the project as a whole indeed confirm the guiding hypothesis, it would further confirm that the presently existing educational materials are in need of revision. Part F of our project will result in three books in order to overcome the ‘disconnect’ that currently exists.
Economics Education in High Schools
One of the books resulting from project F is a book for teaching economics at Dutch high schools. The book that is envisioned should set a new standard in the field. It should
- Prepare students for the national exams very well, according to the national standards and regulations,
- while at the same time paying attention to the inherent moral aspects of the free market.
Text Books ‘Free Markets and the Good Life’
Project F will also result in two textbooks on ‘Free Markets and the Good Life’:
- A short popular version for the Dutch high school philosophy curriculum (and the public at large);
- An extended academic version for usage in BA Economics and BA Business curricula