Includes bibliographical references (pages 228-254) and index.

"Hegel's philosophy witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. In this book, the dialogue with Hegel is renewed by looking at his legacy as a source of insight and judgement that helps us rethink contemporary economics. The key contributions of this Hegelian perspective lead to the synthesis of traditional approaches and new ideas gained in economic experiments. Ethics of recognition is paired with the ethics of associations that supports moral principles and gives them true, concrete universality. This general strategy is exemplified in the book by the analyses of specific institutions, such as individual preferences, money, incentive schemes, and regulations of international trade. By providing a new conceptual apparatus and reformulating the theory of institutions, this book claims to present a new meaning both to Hegel as interpreted from today, and to the social sciences.This book goes beyond the limits of philosophical discussion and becomes a decisive reference for economists, sociologists, political scientists, and other scholars who study the consequences of human sociality, as well as trying to explore and design the institutions necessary for a worthy common life"--