Meeting Recap February 11, 2016

The Ethics and Economics Forum provides an opportunity for Seton Hall faculty from across the university to gather together to discuss matters of economic justice. On February 11, 2016, the Forum invited Dr. Yeomin Yoon, Professor of Finance at International Business at the Stillman School, to lead a discussion on alternative approaches to mainstream economic theory.

The Ethics and Economics Forum is sponsored by the Department of Religion and the Center for Catholic Studies’ Bernard J. Lonergan Institute and the Micah Institute for Business and Economics.

Professor Yoon emphasized the complexity of economics and the need for a multidisciplinary approach to understanding economic activity. He then discussed the inadequacy of a purely mathematical approach to economic theorizing and critiqued the idea of a “value free” economics seeking “maximum utility.”

The Forum’s conversations on economic justice aim to take an interdisciplinary approach, bringing together faculty from various schools and departments across the university. The Forum is open to faculty presentation of ideas and suggestions.

The Ethics and Economics Forum website aims to provide resources for interdisciplinary study of economic justice as well as an online forum to promote discussion beyond the Forum’s regular meetings.

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