Podcast
Questions and Answers
According to Jeremy Bentham, what are the two sovereign masters that nature has placed mankind under?
According to Jeremy Bentham, what are the two sovereign masters that nature has placed mankind under?
- Pleasure and Pain (correct)
- Virtue and Vice
- Happiness and Sorrow
- Good and Evil
What does Jeremy Bentham mean by 'utility'?
What does Jeremy Bentham mean by 'utility'?
- The property of producing pleasure or happiness (correct)
- The absence of pain or evil
- The presence of virtue or good
- The state of being morally good
What is the ultimate goal of economics according to William Stanley Jevons?
What is the ultimate goal of economics according to William Stanley Jevons?
- To minimize pain
- To increase virtue
- To accumulate wealth
- To maximize happiness (correct)
What is the relationship between pleasure and happiness according to Mill?
What is the relationship between pleasure and happiness according to Mill?
What is a key characteristic of pains and pleasures according to Bentham?
What is a key characteristic of pains and pleasures according to Bentham?
What is the moral standard set up by the theory of utilitarianism?
What is the moral standard set up by the theory of utilitarianism?
What is the primary focus of economics, according to the text?
What is the primary focus of economics, according to the text?
Which economist believed that the increase in riches is a means to provide happiness for all?
Which economist believed that the increase in riches is a means to provide happiness for all?
What is eudaimonia according to Aristotle?
What is eudaimonia according to Aristotle?
What is the view of 'happiness as Eudaimonia' classified as in the context of mainstream economics?
What is the view of 'happiness as Eudaimonia' classified as in the context of mainstream economics?
According to Aristotle, why does seeking virtue instrumentally fail to produce eudaimonia?
According to Aristotle, why does seeking virtue instrumentally fail to produce eudaimonia?
Which tradition is associated with Adam Smith, focusing on wealth as a means to happiness?
Which tradition is associated with Adam Smith, focusing on wealth as a means to happiness?
What is the relationship between virtues and eudaimonia in Aristotle's theory?
What is the relationship between virtues and eudaimonia in Aristotle's theory?
According to Loria, what do Italian economists focus on, unlike Adam Smith?
According to Loria, what do Italian economists focus on, unlike Adam Smith?
What is the fundamental tension in Aristotle's theory of eudaimonia?
What is the fundamental tension in Aristotle's theory of eudaimonia?
Which of the following is not a concept related to happiness in economics?
Which of the following is not a concept related to happiness in economics?
How does seeking eudaimonia instrumentally undermine its value?
How does seeking eudaimonia instrumentally undermine its value?
What is the relationship between eudaimonia and virtues according to Aristotle?
What is the relationship between eudaimonia and virtues according to Aristotle?
According to Jeremy Bentham, pain and pleasure are the only factors that determine human behavior.
According to Jeremy Bentham, pain and pleasure are the only factors that determine human behavior.
The theory of utilitarianism is primarily concerned with maximizing happiness through the minimization of pain.
The theory of utilitarianism is primarily concerned with maximizing happiness through the minimization of pain.
Pleasure and pain are homogenous concepts, differing only in intensity.
Pleasure and pain are homogenous concepts, differing only in intensity.
Happiness is equivalent to the absence of pain.
Happiness is equivalent to the absence of pain.
The concept of eudaimonia is unrelated to the theory of utilitarianism.
The concept of eudaimonia is unrelated to the theory of utilitarianism.
The ultimate goal of economics is to maximize individual wealth.
The ultimate goal of economics is to maximize individual wealth.
Eudaimonia is considered as a means to achieve higher goods, according to Aristotle.
Eudaimonia is considered as a means to achieve higher goods, according to Aristotle.
Aristotle believes that happiness can be achieved through instrumental means, such as wealth or fame.
Aristotle believes that happiness can be achieved through instrumental means, such as wealth or fame.
Virtues are valuable only if they lead to eudaimonia, according to Aristotle.
Virtues are valuable only if they lead to eudaimonia, according to Aristotle.
Eudaimonia is desirable only for the sake of something else, according to Aristotle.
Eudaimonia is desirable only for the sake of something else, according to Aristotle.
Aristotle views eudaimonia as a pleasure that can be achieved through external means.
Aristotle views eudaimonia as a pleasure that can be achieved through external means.
According to Aristotle, seeking virtue instrumentalistically does not undermine its value.
According to Aristotle, seeking virtue instrumentalistically does not undermine its value.
In economics, wealth is considered the ultimate goal.
In economics, wealth is considered the ultimate goal.
The concept of 'happiness as pleasure' is a mainstream approach in economics.
The concept of 'happiness as pleasure' is a mainstream approach in economics.
Economists, such as Adam Smith, focus on public happiness as the primary goal.
Economists, such as Adam Smith, focus on public happiness as the primary goal.
The concept of eudaimonia is a part of mainstream economics.
The concept of eudaimonia is a part of mainstream economics.
Sismondi believed that the increase in riches is the ultimate goal of economics.
Sismondi believed that the increase in riches is the ultimate goal of economics.
Loria stated that Italian economists focus on the wealth of nations, like Adam Smith.
Loria stated that Italian economists focus on the wealth of nations, like Adam Smith.
What is the primary objective of economics according to the utilitarianism theory?
What is the primary objective of economics according to the utilitarianism theory?
What is the significance of 'pain' and 'pleasure' in the context of utilitarianism?
What is the significance of 'pain' and 'pleasure' in the context of utilitarianism?
What is the distinction between 'pain' and 'pleasure' according to Bentham?
What is the distinction between 'pain' and 'pleasure' according to Bentham?
How does the concept of 'utility' relate to happiness and pleasure in the context of utilitarianism?
How does the concept of 'utility' relate to happiness and pleasure in the context of utilitarianism?
What is the relationship between 'happiness' and 'pleasure' according to Mill?
What is the relationship between 'happiness' and 'pleasure' according to Mill?
What is the main focus of the theory of utilitarianism in the context of economics?
What is the main focus of the theory of utilitarianism in the context of economics?
What is the primary focus of economics, according to Sismondi and Loria?
What is the primary focus of economics, according to Sismondi and Loria?
How does the concept of 'happiness as pleasure' fit into the broader context of economics?
How does the concept of 'happiness as pleasure' fit into the broader context of economics?
What is the relationship between wealth and happiness, according to the text?
What is the relationship between wealth and happiness, according to the text?
What is the focus of the 'Cambridge tradition' in economics?
What is the focus of the 'Cambridge tradition' in economics?
What is the ultimate goal of economics, according to the text?
What is the ultimate goal of economics, according to the text?
How does the concept of happiness relate to the study of economics, according to the text?
How does the concept of happiness relate to the study of economics, according to the text?
What is the primary characteristic of eudaimonia according to Aristotle, and how does it relate to virtues?
What is the primary characteristic of eudaimonia according to Aristotle, and how does it relate to virtues?
How does seeking eudaimonia instrumentalistically undermine its value, according to Aristotle?
How does seeking eudaimonia instrumentalistically undermine its value, according to Aristotle?
What is the fundamental tension in Aristotle's theory of eudaimonia, and how does it relate to the concept of virtues?
What is the fundamental tension in Aristotle's theory of eudaimonia, and how does it relate to the concept of virtues?
How does Aristotle's concept of eudaimonia differ from mainstream economic approaches to happiness?
How does Aristotle's concept of eudaimonia differ from mainstream economic approaches to happiness?
What is the relationship between eudaimonia and gratuity in Aristotle's theory?
What is the relationship between eudaimonia and gratuity in Aristotle's theory?
How does Aristotle's concept of eudaimonia relate to the concept of happiness in utilitarianism?
How does Aristotle's concept of eudaimonia relate to the concept of happiness in utilitarianism?