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To: Raymond Duray who wrote (19189)5/19/2002 11:47:46 PM
From: Moominoid  Read Replies (2) | Respond to of 74559
 
So, are you telling me ethics don't matter? That seems to be what you are saying. If so, shame on you.

I didn't say that at all. In an MBA that would belong in an ethics class or something along that line. For example in the graduate diploma in Investment Analysis I thought of doing in Sydney there is a required course in Securities Law, ethics etc. Similarly, an anatomy class for Medical Doctors doesn't have to cover ethics either but they should be part of a medical degree.

Ethical considerations come into mainstream economics under the heading of "welfare economics". That field isn't in the Mansfield book. Maybe in future years we will change the course at RPI to include that but it isn't there at the moment. Seems to me they weren't even covering stuff like regulation of monopoly up till now, but I will include that in my course.

On the other hand my environmental economics course is being developed from scratch and that will focus more heavily on ethical/distribution issues than the typical environmental econ. course.

David