Economics is concerned with the intricate and complex actions and motives of man, and therefore it is closely related to ethics. It is true that it is no part of the function of a positive science to pronounce ethical judgements, but even the positive science cannot neglect the fact that amoral considerations often affect man’s conduct in business life, and must be given a place in the same manner as the facts of physical nature which also condition economic activity.
ABOUT THE AUTHOR Shiva Prakasham
Dr. Shiva Prakasham, M.A. (Political Science) and Ph.D. from Madras University, Chennai, has had a brilliant academic record. As a seasoned teacher and a keen researcher, Dr. Shiva Prakasham taught Political Science at graduate post-graduate level for past three decades in Government College, Madurai. He participated and presented research papers in several national and international seminars, workshops and conferences. Presently, he is a political analyst and freelance journalists in Chennai.
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