Profit, Prudence and Virtue - Essays in Ethics, Business and Management
The result of a 2007 STI Experts Meeting with the Witherspoon Institute
, Profit, Prudence and Virtue
is the updated edition of another STI publication, Rethinking Business Management
. Now republished by Imprint Academic, this volume includes, in addition to the essays in the earlier book, a preface by Professor John Haldane of the University of St. Andrews, as well as newly commissioned essays that address the financial crisis specifically.
Business education is frequently treated as a science unto itself, bolstered by fixed laws of economics and technological advances. This work argues throughout that business is instead a person-centered, human activity, which thus requires perspectives from ethics, anthropology, philosophy, and other humanities for its proper study. To that end, philosophers and practitioners consider here the issues involved in the ethical conduct of profitable business.Aiming to build on our understanding of the current state of business management, the volume offers suggestions for improvement in business instruction, in management and in practice. The following essays are included:“The Ethics of Business Life: Some Historical Reflections” (Harold James – Princeton University)“Virtue and Profit: A Critique of Managerial Reasoning” (Roger Scruton – Institute for the Psychological Sciences)“Natural Law, Human Dignity, and the Protection of Human Property” (David Novak – University of Toronto)“Business and Family in a Decent and Dynamic Society” (Robert P. George – Princeton University)“Management and the Corporate State: Private Enterprise without Enterprise, and Public Service without Service?” (Anthony Daniels – Manhattan Institute)“A Strategic Humanist: George Keller, Academic Strategy, and the Management Revolution in American Higher Education” (Wilfred M. McClay – University of Tennessee)“Leading with Ethics” (Sean Kelsey – UCLA, and Thomas R. Krause – BST)“Business as a Human Enterprise: Implications for Education” (R. Edward Freeman and David Newkirk – Darden School of Business, UVA)“Cultivating the Ethics-Economics Interface” (Kevin T. Jackson – Fordham University)“Teaching Business Ethics with Aristotle (Edwin M. Hartman – Stern School of Business, NYU)“Aristotle and the MBA: The Odd Couple” (James O’Toole – Daniels College of Business, University of Denver)“Integrity, Virtue and the Financial Crisis” (Christopher Megone – University of Leeds)“Failure and Reform: Business Schools and the 2008 Financial Crisis” (Samuel Gregg – Acton Institute)“Learning from the Crash, and Teaching After it” (Philip Booth – Cass Business School, City University)“Capitalism and the Good Life” (Edward Skidelsky – Exeter University)
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