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Economic Science in Crisis Times

Supporting Agencies
Universidad Católica de Colombia

Abstract

This paper discusses the importance of critical pluralism, responsibility, primun non nocere and caution principles, in a scheme of ethical reflection of economics as a science and as a technique. For this purpose, an institutional analysis of policies, standards and guidelines is carried out in a sample of 10 countries: 8 from Latin America, along with the United States, and England. The main result indicates that the current institutional regime, both legislative and ethical, does not solve the tension generated by private interest and public interest in the professional performance of an economist in a market economy. It is necessary to incorporate a flexible articulation that facilitates a simple and concrete interpretation that guides the improvement of the quality of the private and public service that an economist plays.

Keywords

scientific approach, scientific knowledge, case studies

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Author Biography

William Orlando Prieto Bustos

Magister en Economía y Economista. Docente de la Facultad de Ciencias Económicas y Administrativas de la Universidad Católica de Colombia

Joan Miguel Tejedor Estupiñán

PhD (c) in Economics, Magister en Derechos Humanos y Economista. Docente de la Facultad de Ciencias Económicas y Administrativas de la Universidad Católica de Colombia


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