ECON 2233 Lecture Notes - Intellectual Virtue, Counterculture, Olive Oil
Document Summary
Things that cannot be other than they are : include rules of mathematics, laws of physics, other concepts that are concrete, however, there are many places involving human action when you have a choice. To answer this, you must look at what makes us human: Chapter 2: partial justice: something you created to distribute, partial justice distributes what each individual deserves, transactions, involuntary: (not concerned with economics) Ex: getting robbed: voluntary: deals with economics. Chapter 4: rectification: voluntary exchanges: sale, purchase, hire, you make moral decisions when you make choices. If there is a builder and a shoemaker they should exchange goods: you must determine the rate at which this exchange must take place, this is an example of a reciprocal relation. Certain way of thinking of things, systematic way: questions you might have in your mind during reading: Regarded as an important figure in the history of economics.
