Reference no: EM133386522 , Length: word count:4000

Question: According to Milton Friedman and Norman Bowie, is utility-maximization moral or immoral? Whyand/or why not? Explain their positions on this question.

In their First Essay Assignments, students in Phil 2230: Moral Issues in Business are being evaluated primarily on the extent to which they can directly demonstrate knowledge of the relevant requiredreadings. As such, students should be supporting all of their specific interpretative claims about Bowie and Friedman by referring directly to the required readings by them, and indicating where in those texts (using a citation which includes a page number) supporting evidence for their interpretative claims canbe found. When you borrow the exact words of another author, you must place those words within quotation marks, and provide an accompanying citation (at the end of that sentence) to indicate where that quote can be found (i.e., what page in what text). In Phil 2230, students are encouraged to use a simple intext author-page or author-date-page or author-page system to cite their sources. For example, Example # 1 (Quoting): Bowie argues that "[i]f psychological egoism were true taking the moral point of view would be impossible...Economics obliterates ethics" (Bowie, 32). However, even when you paraphrase another author in your own words, you must still provide an accompanying citation (at the end of that sentence which includes a page number). For example, Example # 2 (Paraphrasing): Bowie argues that, given certain assumptions about psychological egoism, markets make morality impossible (Bowie, 32). Although the above are clearly my own words, which is why they are not placed within quotation marks, the argument they express is not originally mine, which is why a citation is placed at the end of that particular sentence. Paraphrasing without providing credit (i.e., a citation) to the original source can be regarded as a form of academic misconduct, specifically plagiarism. When you paraphrase, make sure that you thoroughly reword content in your own language. For example, Example # 3 (Improper Paraphrase): Bowie argues that if psychological egoism is true, morals would be impossible, and economics would obliterate ethics (Bowie, 32). The previous sentence is an arguably unacceptable paraphrase because it is too close to the language of the original author (e.g., uses the same phrases, changes only a few words and their ordering, etc.). Remember, insufficient paraphrasing can be construed as a type of academic misconduct, i.e., plagiarism, even when a citation accompanies that statement. Quotations of 4 or more lines of length should be presented as ‘block quotes' so that they are separatedfrom the main body of your paper, placed in single-spaced, size 10 font, with the margins reduced on both left and right sides by 1 cm. The remainder of essay should be formatted as follows: double-spaced, Times New Roman font, size 12, 2.0 centimetre margins on all four sides. No other headers are required. A title page which includes a title, your name, student number, and UW email address should also accompany the essay. A ‘Works Cited' page containing all of your bibliographical sources should also be included with the essay. Your bibliographical entries should look something like this: Bowie, Norman (2013). ‘Economics, Friend or Foe of Ethics'. Business Ethics in the 21st Century. Springer: Dordrecht