Read this article
- Access statistics
- 1,264 article downloads
- 6,247 complete issue downloads
- Total: 7,511
Mainstream economics is constrained by methodological individualism, which ignores many aspects of human existence and interaction. Methodological individualism itself propagates certain attitudes and outlooks that can become self-fulfilling by channelling human behaviour into the simplistic straitjacket of self-interest. A sense of ethics and therefore of spirituality is necessary to understand the complexities of human and social behaviour as well as to ground economic policy advice in a fundamental morality.