Prudence and Economics with Andrew Yuengert

Dr. John Buchmann, executive director of Beatrice Institute, talks with Andrew Yuengert, professor of economics and social thought at Catholic University of America. Their conversation covers what economists have to learn from Aristotle, the limits of rational choice theory, and what theologians stand to gain from economists. They apply these insights to the COVID-19 crisis and discuss how we can act with prudence.

Intersection between Ethics and Economics

Fact-Value Distinction

Practical Wisdom

Technique without Reflection

How Theologians Can Learn from Economists

Unintentional Order

Economic Models for the Crisis

Prudent Action

Links:

Intelligent Virtue by Julia Annas

Aquinas and the Market by Mary Hirschfeld

Practical Wisdom: The Right Way to Do the Right Thing by Barry Schwartz and Kenneth Sharpe

The Four Cardinal Virtues by Joseph Pieper