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The ordonomic approach to order ethics

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  • Pies, Ingo

Abstract

The ordonomic approach to order ethics contains four elements: (a) a diagnosis of modernity, which identifies the core problems and directs the research strategy to solving them; (b) a rational-choice analysis of social dilemmas, i.e. positive theorizing which informs about the un-intended consequences of intentional inter-action; (c) the idea of orthogonal positions, i.e. normative theorizing that aims at providing reform orientation while at the same time systematically avoiding controversial value statements; (d) a scheme of three social arenas that helps to understand the interplay between institutions and ideas in societal learning processes.

Suggested Citation

  • Pies, Ingo, 2013. "The ordonomic approach to order ethics," Discussion Papers 2013-20, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    • Handle: RePEc:zbw:mlucee:201320
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    References listed on IDEAS

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    1. Oded Galor, 2011. "Unified Growth Theory and Comparative Development," Rivista di Politica Economica, SIPI Spa, issue 2, pages 9-21, April-Jun.
    2. Pies, Ingo & Prehn, Sören & Glauben, Thomas & Will, Matthias Georg, 2013. "Hungermakers? Why futures market activities by index funds are promoting the common good," Discussion Papers 2013-19, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    3. Martin Petrick & Ingo Pies, 2007. "In search for rules that secure gains from cooperation: the heuristic value of social dilemmas for normative institutional economics," European Journal of Law and Economics, Springer, vol. 23(3), pages 251-271, June.
    4. Beckmann, Markus & Pies, Ingo & von Winning, Alexandra, 2012. "Passion and compassion as strategic drivers for sustainable value creation: An ordonomic perspective on social and ecological entrepreneurship," Discussion Papers 2012-22, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    5. Ingo Pies & Matthias Georg Will & Thomas Glauben & Sören Prehn, 2015. "The Ethics of Financial Speculation in Futures Markets," World Scientific Book Chapters, in: Anastasios G Malliaris & William T Ziemba (ed.), THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS, chapter 24, pages 771-804, World Scientific Publishing Co. Pte. Ltd..
    6. Stefan Hielscher & Ingo Pies & Vladislav Valentinov, 2012. "How to Foster Social Progress: An Ordonomic Perspective on Progressive Institutional Change," Journal of Economic Issues, Taylor & Francis Journals, vol. 46(3), pages 779-798.
    7. Oded Galor, 2011. "Unified Growth Theory," Economics Books, Princeton University Press, edition 1, number 9477.
    8. Gregory Clark, 2007. "Introduction to A Farewell to Alms: A Brief Economic History of the World," Introductory Chapters, in: A Farewell to Alms: A Brief Economic History of the World, Princeton University Press.
    9. Pies, Ingo & Hielscher, Stefan & Beckmann, Markus, 2009. "Moral Commitments and the Societal Role of Business: An Ordonomic Approach to Corporate Citizenship," Business Ethics Quarterly, Cambridge University Press, vol. 19(3), pages 375-401, July.
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    Cited by:

    1. Steven E. Wallis, 2020. "Exceeding the limits: Commentary on “The limits of transparency”," Systems Research and Behavioral Science, Wiley Blackwell, vol. 37(1), pages 170-173, January.
    2. Ingo Pies & Matthias Georg Will & Thomas Glauben & Sören Prehn, 2015. "The Ethics of Financial Speculation in Futures Markets," World Scientific Book Chapters, in: Anastasios G Malliaris & William T Ziemba (ed.), THE WORLD SCIENTIFIC HANDBOOK OF FUTURES MARKETS, chapter 24, pages 771-804, World Scientific Publishing Co. Pte. Ltd..
    3. Pies, Ingo, 2014. "Der ordonomische Ansatz: Eine Illustration am Beispiel des Mindestlohns," Discussion Papers 2014-17, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.

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