Your browser does not support JavaScript, or its support is disabled. Some features may not be available.
Ethics and Economics - JPB368
Files
Comments
Added by
LNWeek1EE.pdf
Lecture Notes for the First Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek10EE.pdf
Lecture Notes for the Tenth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek11EE.pdf
Lecture Notes for the Eleventh Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek12EE.pdf
Lecture Notes for the Twelfth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek2EE.pdf
Lecture Notes for the Second Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek3EE.pdf
Lecture Notes for the Third Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek4EE.pdf
Lecture Notes for the Fourth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek5EE.pdf
Lecture Notes for the Fifth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek6EE.pdf
Lecture Notes for the Sixth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek7EE.pdf
Lecture Notes for the Seventh Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek8EE.pdf
Lecture Notes for the Eighth Week
doc. Ing. Tomáš Cahlík, CSc.
LNWeek9EE.pdf
Lecture Notes for the Ninth Week
doc. Ing. Tomáš Cahlík, CSc.
Annotation -
--- Czech English
There are no required prerequisites for this course.
This course is interdisciplinary: different concepts from moral and political philosophy, methodology, social sciences, economics and finance are used for discussing many relevant topics. Used concepts are explained in lectures, relevant topics specified in the syllabus are discussed in seminars.
This course is also part of the inter-university programme prg.ai Minor. It pools the best of AI education in Prague to provide students with a deeper and broader insight into the field of artificial intelligence.
More information is available at https://prg.ai/minor.
Last update: Cahlík Tomáš, doc. Ing., CSc. (09.11.2023)
There are no required prerequisites for this course.
This course is interdisciplinary: different concepts from moral and political philosophy, methodology, social sciences, economics and finance are used for discussing many relevant topics. Used concepts are explained in lectures, relevant topics specified in the syllabus are discussed in seminars.
This course is also part of the inter-university programme prg.ai Minor. It pools the best of AI education in Prague to provide students with a deeper and broader insight into the field of artificial intelligence.
More information is available at https://prg.ai/minor/.
Last update: Cahlík Tomáš, doc. Ing., CSc. (09.11.2023)
Aim of the course -
--- Czech English
By the end of this course students will be able to discuss different topics with understanding of relevant concepts from moral and political philosophy, methodology, social sciences, economics and finance.
Last update: Cahlík Tomáš, doc. Ing., CSc. (03.09.2021)
By the end of this course students will be able to discuss different topics with understanding of relevant concepts from moral and political philosophy, methodology, social sciences, economics and finance.
Last update: Cahlík Tomáš, doc. Ing., CSc. (03.09.2021)
Literature -
--- Czech English
Lecture notes for each week are in the SIS..
Recommended readings for each week are specified in the syllabus.
Recommended videos:
Harvard Justice course: justiceharvard.org
Yale open course "The Moral Foundations of Politics": https://oyc.yale.edu/political-science/plsc-118/lecture-1
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)
Lecture notes for each week are in the SIS..
Recommended readings for each week are specified in the syllabus.
Recommended videos:
Harvard Justice course: justiceharvard.org
Yale open course "The Moral Foundations of Politics": https://oyc.yale.edu/political-science/plsc-118/lecture-1
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)
Teaching methods -
--- Czech English
Both seminars and lectures are in the classroom 109, Opletalova building.
"Virtual mobility" and "4EU+" students can attend both lectures and seminars online, upon request, in MS Teams. Online seminars are in different time than insite seminars,
Last update: Cahlík Tomáš, doc. Ing., CSc. (27.08.2024)
Both seminars and lectures are in the classroom 109, Opletalova building.
"Virtual mobility" and "4EU+" students can attend both lectures and seminars online, upon request, in MS Teams. Online seminars are in different time than insite seminars,
Last update: Cahlík Tomáš, doc. Ing., CSc. (27.08.2024)
Requirements to the exam -
--- Czech English
Grading:
Three online midterm tests (10 % each) and an online final test (70 %) in Moodle. You must be registered in Moodle on:
https://dl3.cuni.cz/course/view.php?id=547
1st midterm test: October 31st, 2025 (the whole day)
2nd midterm test: November 28th, 2025 (the whole day)
3rd midterm test: January 2nd, 2026 (the whole day)
Final tests will be on January 8th at 2:00 p.m., on January 15th at 2:00 p.m., on January 29th at 2:00 p,m, and on February 12th at 2:00 p.m.
There are no retakes for midterm tests, you just lose the points. According to our study rules, you have two retakes for the final test.
After summarizing all points, our standard grading scale will be applied:
0-50 (F), 51-60 (E), 61-70 (D), 71-80 (C), 81-90 (B), 91-100 (A)
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)
Grading:
Three online midterm tests (10 % each) and an online final test (70 %) in Moodle. You must be registered in Moodle on:
https://dl3.cuni.cz/course/view.php?id=547
1st midterm test: October 31st, 2025 (the whole day)
2nd midterm test: November 28th, 2025 (the whole day)
3rd midterm test: January 2nd, 2026 (the whole day)
Final tests will be on January 8th at 2:00 p.m., on January 15th at 2:00 p.m., on January 29th at 2:00 p,m, and on February 12th at 2:00 p.m.
There are no retakes for midterm tests, you just lose the points. According to our study rules, you have two retakes for the final test.
After summarizing all points, our standard grading scale will be applied:
0-50 (F), 51-60 (E), 61-70 (D), 71-80 (C), 81-90 (B), 91-100 (A)
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)
Syllabus -
--- Czech English
Week 1: Ethics as Practical Philosophy
Human Person and Social Structures
Ethics and Economics
Miscellaneous about Ethics
Seminar:
Moral Reasoning
Recommended Reading – Promotion
Recommended Reading:
Plato: The Republic. 2nd Book. (Can be found on web)
Week 2: Justice and Coordination
Where the Notion of Justice Comes from
Virtues
Coordination
Seminar:
Exercising of Moral Reasoning on “Legality of Drugs”
Recommended Readings - Promotion
Recommended Readings:
Alisdair MacIntyre: After Virtue. Chapter 14: "The Nature of the Virtues"
(https://epistemh.pbworks.com/f/4.+Macintyre.pdf )
http://web.uncg.edu/dcl/courses/viceCrime/m6/nadelmann%20-%20the%20case%20for%20legalization.htm
https://www.commentary.org/articles/james-wilson/against-the-legalization-of-drugs
Week 3: Utilitarianism and Justice
Empiricist Enlightenment
Utilitarianism
Utilitarianism in Current Economics
Seminar:
Exercising of Moral Reasoning on “Abortion”
Recommended Readings - Promotion
Recommended Readings:
Jeremy Bentham: An Introduction to the Principles of Moral and Legislation. Chapters 1-4.
(https://www.econlib.org/library/Bentham/bnthPML.html )
http://spot.colorado.edu/~heathwoo/Phil160,Fall02/thomson.htm
http://faculty.polytechnic.org/gfeldmeth/45.marquis.pdf
Week 4: Economics as a Social Science
Individuals and Social Structure
Definition of Economics and Coherent Schools of Contemporary Economics
Selected Topics from the Philosophy of Economics
Seminar:
Exercising of Moral Reasoning on “Helping to the Poor” and “Migration”
Recommended Readings - Promotion
Recommended Readings:
Ludwig von Mises: Human Action. Introduction and Chapter I "Acting Man"
(https://cdn.mises.org/Human%20Action_3.pdf )
https://www.jefftk.com/rachels-2013-immorality-having-children.pdf
http://users.manchester.edu/Facstaff/SSNaragon/Online/texts/425/Sen,%20PropertyHunger.pdf
http://www.garretthardinsociety.org/articles_pdf/living_on_a_lifeboat.pdf
http://www.nytimes.com/1999/09/05/magazine/the-singer-solution-to-world-poverty.html
Week 5: Neoclassical Synthesis, Post Keynesian Economics and Justice
Theory of Choice
Labor Market and Justice
Inflation and Justice
Seminar:
Exercising of moral reasoning on “The Ethics of War and Peace”
Recommended Readings - Promotion
Recommended Readings:
David Hume: The Treatise of Human Nature. Book 3 “Morals”, Part 2 “Justice and injustice”, from 1 to 6
https://www.earlymoderntexts.com/assets/pdfs/hume1740book3.pdf
http://www2.hawaii.edu/~freeman/courses/phil100/14.%20The%20Ethics%20of%20War%20and%20Peace.pdf
https://www.dissentmagazine.org/wp-content/files_mf/1428085978JohnRawls.pdf
Week 6: Immanuel Kant, Psyche and Conscience
Immanuel Kant
Psyche
Conscience
Seminar:
Exercising of Moral Reasoning on “Terrorism and Torture”
Recommended Readings – Promotion
Recommended Readings:
Immanuel Kant: Toward Perpetual Peace, Introduction, Section 1, Section 2.
https://www.earlymoderntexts.com/assets/pdfs/kant1795_1.pdf
http://www.taipeitimes.com/News/editorials/archives/2002/11/27/0000184966
http://scholarship.law.georgetown.edu/cgi/viewcontent.cgi?article=1163&context=facpub
Week 7: Self-realization
Freedom
The Sense of Life and Happiness
The Easterlin Paradox
Seminar:
Exercising of Moral Reasoning on the “Same Sex Marriage and Surrogate Motherhood “
Recommended Readings - Promotion
Recommended Readings:
Friedrich August von Hayek: Law, Legislation and Liberty - Volume 1, Chapter 4 "The Changing Concept of Law"
(https://libsa.files.wordpress.com/2015/01/hayek-law-legislation-and-liberty.pdf )
https://digitalcommons.law.lsu.edu/cgi/viewcontent.cgi?article=5933&context=lalrev
https://newrepublic.com/article/103297/for-better-or-worse-gay-straight-marriage
Week 8: Social Stability, Order and Liberty
Iterative Relation between Personal Rules and Social Norms
Social Stability - Giving Reasons to Ethical Norms
Order x Liberty
Seminar:
Exercising of Moral Reasoning on “Freedom of Speech”
Recommended Readings - Promotion
Recommended Readings:
John Stuart Mill: On Liberty. Chapters 1 and 2. (https://www.econlib.org/library/Mill/mlLbty.html )
https://bigthink.com/thinking/is-speech-violence/
Week 9: Constitutional Economics
Constitutional Economics and the Protective Function of the State
Productive and Distributive Functions of the State
Contractual Changes in Status Quo
Seminar:
Exercising of Moral Reasoning on “Animals Ethics”
Recommended Readings - Promotion
Recommended Readings:
This time, it is about listening to James Buchanan: https://www.youtube.com/watch?v=178aognlYHA
https://spot.colorado.edu/~heathwoo/phil1200,Spr07/singer.pdf
https://spot.colorado.edu/~heathwoo/phil1200,Spr07/cohen.pdf
Week 10: Justice and Democracy
Justice as Fairness
Libertarianism
Democracy and Majority Voting
Seminar:
Exercising of Moral Reasoning on “Environment”
Recommended Reading - Promotion
Recommended Reading:
Jurgen Habermas: Between Facts and Norms - Contributions to a Discourse Theory of Law and Democracy: Chapter 3.2 "Moral Norms and Legal Norms: On the Complementary Relation between Natural Law and Positive Law" (https://teddykw2.files.wordpress.com/2012/07/jc3bcrgen-habermas-between-facts-and-norms.pdf)
Week 11: Democratic Justice
Democratic Justice Theory
Democratic Justice Applications
Discourse Theory of Law and Democracy
Seminar:
Exercising of Moral Reasoning on “ICT and AI development”
Week 12: Ethics, People and Society
Marketing, Sophists and Socrates
Breaking the GDP Fascination
Christianity and Morality
Seminar
Ethics Codes
CFA Ethics Code
Charles university Code of Ethics
Recommended Reading:
CFA Institute Code of Ethics and Standards of Professional Conducts (just 2 pages) (please find on https://www.cfainstitute.org/pages/index.aspx under EthicsAndStandards)
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)
Week 1: Ethics as Practical Philosophy
Human Person and Social Structures
Ethics and Economics
Miscellaneous about Ethics
Seminar:
Moral Reasoning
Recommended Reading – Promotion
Recommended Reading:
Plato: The Republic. 2nd Book. (Can be found on web)
Week 2: Justice and Coordination
Where the Notion of Justice Comes from
Virtues
Coordination
Seminar:
Exercising of Moral Reasoning on “Legality of Drugs”
Recommended Readings - Promotion
Recommended Readings:
Alisdair MacIntyre: After Virtue. Chapter 14: "The Nature of the Virtues"
(https://epistemh.pbworks.com/f/4.+Macintyre.pdf )
http://web.uncg.edu/dcl/courses/viceCrime/m6/nadelmann%20-%20the%20case%20for%20legalization.htm
https://www.commentary.org/articles/james-wilson/against-the-legalization-of-drugs
Week 3: Utilitarianism and Justice
Empiricist Enlightenment
Utilitarianism
Utilitarianism in Current Economics
Seminar:
Exercising of Moral Reasoning on “Abortion”
Recommended Readings - Promotion
Recommended Readings:
Jeremy Bentham: An Introduction to the Principles of Moral and Legislation. Chapters 1-4.
(https://www.econlib.org/library/Bentham/bnthPML.html )
http://spot.colorado.edu/~heathwoo/Phil160,Fall02/thomson.htm
http://faculty.polytechnic.org/gfeldmeth/45.marquis.pdf
Week 4: Economics as a Social Science
Individuals and Social Structure
Definition of Economics and Coherent Schools of Contemporary Economics
Selected Topics from the Philosophy of Economics
Seminar:
Exercising of Moral Reasoning on “Helping to the Poor” and “Migration”
Recommended Readings - Promotion
Recommended Readings:
Ludwig von Mises: Human Action. Introduction and Chapter I "Acting Man"
(https://cdn.mises.org/Human%20Action_3.pdf )
https://www.jefftk.com/rachels-2013-immorality-having-children.pdf
http://users.manchester.edu/Facstaff/SSNaragon/Online/texts/425/Sen,%20PropertyHunger.pdf
http://www.garretthardinsociety.org/articles_pdf/living_on_a_lifeboat.pdf
http://www.nytimes.com/1999/09/05/magazine/the-singer-solution-to-world-poverty.html
Week 5: Neoclassical Synthesis, Post Keynesian Economics and Justice
Theory of Choice
Labor Market and Justice
Inflation and Justice
Seminar:
Exercising of moral reasoning on “The Ethics of War and Peace”
Recommended Readings - Promotion
Recommended Readings:
David Hume: The Treatise of Human Nature. Book 3 “Morals”, Part 2 “Justice and injustice”, from 1 to 6
https://www.earlymoderntexts.com/assets/pdfs/hume1740book3.pdf
http://www2.hawaii.edu/~freeman/courses/phil100/14.%20The%20Ethics%20of%20War%20and%20Peace.pdf
https://www.dissentmagazine.org/wp-content/files_mf/1428085978JohnRawls.pdf
Week 6: Immanuel Kant, Psyche and Conscience
Immanuel Kant
Psyche
Conscience
Seminar:
Exercising of Moral Reasoning on “Terrorism and Torture”
Recommended Readings – Promotion
Recommended Readings:
Immanuel Kant: Toward Perpetual Peace, Introduction, Section 1, Section 2.
https://www.earlymoderntexts.com/assets/pdfs/kant1795_1.pdf
http://www.taipeitimes.com/News/editorials/archives/2002/11/27/0000184966
http://scholarship.law.georgetown.edu/cgi/viewcontent.cgi?article=1163&context=facpub
Week 7: Self-realization
Freedom
The Sense of Life and Happiness
The Easterlin Paradox
Seminar:
Exercising of Moral Reasoning on the “Same Sex Marriage and Surrogate Motherhood “
Recommended Readings - Promotion
Recommended Readings:
Friedrich August von Hayek: Law, Legislation and Liberty - Volume 1, Chapter 4 "The Changing Concept of Law"
(https://libsa.files.wordpress.com/2015/01/hayek-law-legislation-and-liberty.pdf )
https://digitalcommons.law.lsu.edu/cgi/viewcontent.cgi?article=5933&context=lalrev
https://newrepublic.com/article/103297/for-better-or-worse-gay-straight-marriage
Week 8: Social Stability, Order and Liberty
Iterative Relation between Personal Rules and Social Norms
Social Stability - Giving Reasons to Ethical Norms
Order x Liberty
Seminar:
Exercising of Moral Reasoning on “Freedom of Speech”
Recommended Readings - Promotion
Recommended Readings:
John Stuart Mill: On Liberty. Chapters 1 and 2. (https://www.econlib.org/library/Mill/mlLbty.html )
https://bigthink.com/thinking/is-speech-violence/
Week 9: Constitutional Economics
Constitutional Economics and the Protective Function of the State
Productive and Distributive Functions of the State
Contractual Changes in Status Quo
Seminar:
Exercising of Moral Reasoning on “Animals Ethics”
Recommended Readings - Promotion
Recommended Readings:
This time, it is about listening to James Buchanan: https://www.youtube.com/watch?v=178aognlYHA
https://spot.colorado.edu/~heathwoo/phil1200,Spr07/singer.pdf
https://spot.colorado.edu/~heathwoo/phil1200,Spr07/cohen.pdf
Week 10: Justice and Democracy
Justice as Fairness
Libertarianism
Democracy and Majority Voting
Seminar:
Exercising of Moral Reasoning on “Environment”
Recommended Reading - Promotion
Recommended Reading:
Jurgen Habermas: Between Facts and Norms - Contributions to a Discourse Theory of Law and Democracy: Chapter 3.2 "Moral Norms and Legal Norms: On the Complementary Relation between Natural Law and Positive Law" (https://teddykw2.files.wordpress.com/2012/07/jc3bcrgen-habermas-between-facts-and-norms.pdf)
Week 11: Democratic Justice
Democratic Justice Theory
Democratic Justice Applications
Discourse Theory of Law and Democracy
Seminar:
Exercising of Moral Reasoning on “ICT and AI development”
Week 12: Ethics, People and Society
Marketing, Sophists and Socrates
Breaking the GDP Fascination
Christianity and Morality
Seminar
Ethics Codes
CFA Ethics Code
Charles university Code of Ethics
Recommended Reading:
CFA Institute Code of Ethics and Standards of Professional Conducts (just 2 pages) (please find on https://www.cfainstitute.org/pages/index.aspx under EthicsAndStandards)
Last update: Cahlík Tomáš, doc. Ing., CSc. (11.06.2025)