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The Original Adam

In: Ethical Economics

Author

Listed:
  • M. R. Griffiths
  • J. R. Lucas

Abstract

Human beings are not entirely selfish, but are separate centres of decisionmaking with various values that bear, often in opposite ways, upon the decisions they take. Values can be argued about rationally, and may be changed in consequence; they underlie the aims and objectives we set ourselves, the interests we have, and the needs and wants we recognise. Some of our values we share with other people, but not others, and different forms of association have different decision-procedures in consequence. Some are centralised, but where there is considerable divergence of values held, we have decentralised decisionprocedures in which agreements are reached, often by bargaining. These form the model of the business transaction.

Suggested Citation

  • M. R. Griffiths & J. R. Lucas, 1996. "The Original Adam," Palgrave Macmillan Books, in: Ethical Economics, chapter 0, pages 1-17, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-38995-3_1
    DOI: 10.1057/9780230389953_1
    as

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