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Money and Value: On The Ethics and Economics of Finance

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  • Sen, Amartya

Abstract

I feel deeply honored and privileged to have the opportunity of giving the first Baffi Lecture at the Bank of Italy. Paolo Baffi was not only a distinguished banker and financial expert, he was also a remarkable economist and a visionary social thinker. He had outstanding technical expertise in many different fields, but combined his intellectual eminence with a profound sense of values. As Governor Ciampi put it at the general meeting of the Bank of Italy last May, Paolo Baffi represented “an extraordinary combination of penetrating logic, erudition and moral strength … [he was] not only a gifted student of economics, he had a deep-seated commitment to act for the common good.”1 In remembering Baffi today, we must keep in mind both his intellectual contributions and his general evaluative concerns.

Suggested Citation

  • Sen, Amartya, 1993. "Money and Value: On The Ethics and Economics of Finance," Economics and Philosophy, Cambridge University Press, vol. 9(2), pages 203-227, October.
    • Handle: RePEc:cup:ecnphi:v:9:y:1993:i:02:p:203-227_00
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    Cited by:

    1. L. Poma, 1994. "La dimensione ermeneutica dell'economia di O. Hirschman," Working Papers 201, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Iqbal, Zamir & Mirakhor, Abbas, 2004. "Stakeholders Model Of Governance In Islamic Economic System," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 11, pages 44-63.
    3. Jouni Paavola, 2001. "Towards Sustainable Consumption: Economics and Ethical Concerns for the Environment in Consumer Choices," Review of Social Economy, Taylor & Francis Journals, vol. 59(2), pages 227-248.
    4. Iqbal, Zamir & Mirakhor, Abbas, 2004. "Stakeholders Model of Governance in Islamic Economic System," MPRA Paper 56027, University Library of Munich, Germany.
    5. Oula Ben Hassine & Hela Bouras, 2022. "Fuzzy Measures of Monetary and Non-monetary Deprivations in Tunisia," International Journal of Economics and Financial Issues, Econjournals, vol. 12(4), pages 65-71, July.
    6. Azid, Toseef & Asutay, Mehmet & Burki, Umar, 2007. "Theory Of The Firm, Management And Stakeholders: An Islamic Perspective," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 15, pages 1-30.

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