The Art of Relating Moral Education to Financial Education: An Equity Imperative

Abstract

To achieve a fully participatory society, all participants should receive equal opportunities for understanding the processes of acquiring, managing, and developing financial resources. The author argues that financial education processes do not meet the needs of all children, because they do not account for differences in child development prompted by various economic contexts. He contends that these contexts prompt judgment patterns among individuals having economic differences and that efforts toward social equity necessitate the exploration of moral issues related to personal finance. He recommends use of the arts to enable student discovery and reconciliation of financial judgments so that students may construct understandings of the social issues that prompt financial inequities and may explore ideas to challenge them.

Citation

Lucey, T.A. (2007), "The Art of Relating Moral Education to Financial Education: An Equity Imperative", Social Studies Research and Practice, Vol. 2 No. 3, pp. 486-500. https://doi.org/10.1108/SSRP-03-2007-B0015