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Professor Andrew M. Yuengert Compares Economic Model of Choice with Aristotelian Tradition

Andrew M. Yuengert, professor of economics at Seaver College, will discuss his recent book, Approximating Prudence: Aristotelian Practical Wisdom and Economic Models of Choice, in an event hosted by Pepperdine Libraries on Thursday, Nov. 8. The discussion will begin at 4 p.m. in the Kresge Reading Room of Payson Library, Malibu. Mason Marshall, assistant professor of philosophy, and Jonathan Burke, professor of economics, will join Yuengert in the discussion.  

The economic model of choice is a powerful tool, applied widely in economic analysis. Approximating Prudence outlines the limits of the economic model by comparing it to a more comprehensive account of reasoned choice: the account of practical wisdom in the Aristotelian tradition.

Yuengert holds a bachelor's degree in economics from the University of Virginia and a PhD in economics from Yale University. Before coming to Pepperdine, he taught at Bates College in Maine, and was a research economist at the Federal Reserve Bank of New York.

Yuengert has made research contributions in several fields: economic philosophy, Catholic Social Teaching, the empirical study of religion, labor economics, and finance. He is a former president of the Association of Christian Economists, and currently serves as editor of its journal, Faith & Economics. His recent books include The Boundaries of Technique: Ordering Positive and Normative Concerns in Economic Research, from Lexington Books, and Inhabiting the Land: the Case for the Right to Migrate, published by the Acton Institute for Religion and Liberty.

For more information about this event, call (310) 506-6785 or visit the Pepperdine Libraries website.