The problem though is that these are huge fields of thought and also that the very contentious. Ethics for example is usually defined to be asking the question of "what is good?" Obviously defining "what is good" is an undertaking which leads different people in different directions.
I take the approach of saying "what is good is what is conducive to human flourishing." This is largely an Aristotelian approach (and so you can't really accuse me of deriving terms to meet economics). Therefore I would say there is some virtue in entertaining people or rather that such is at least potentially virtuous.
The problem is that if you accept that human flourishing is the goal and thus the definition of virtue, and if you assume that to a large extent this is also the goal of the economy (something I think that both most economists and the Classical philosophers shared), then virtue and value can't be seen as separate at least in terms of solutions (as I say, wages are different).
Or are you saying that Hayek does not see distributive human flourishing as the ends to which our economic systems work?
I take the approach of saying "what is good is what is conducive to human flourishing." This is largely an Aristotelian approach (and so you can't really accuse me of deriving terms to meet economics). Therefore I would say there is some virtue in entertaining people or rather that such is at least potentially virtuous.
The problem is that if you accept that human flourishing is the goal and thus the definition of virtue, and if you assume that to a large extent this is also the goal of the economy (something I think that both most economists and the Classical philosophers shared), then virtue and value can't be seen as separate at least in terms of solutions (as I say, wages are different).
Or are you saying that Hayek does not see distributive human flourishing as the ends to which our economic systems work?