Aristotle believed that ethics education starts from early childhood. Parents (specifically the father, according to Aristotle, but his was a different time) are the primary providers of a child’s ethics education. Teachers and adult members of the community are the secondary but still vital, ethics educators. SPI would like to play a positive role in communities by teaching young people about ethics in general and finance ethics in particular.
Our approach to the education of students in financial ethics is three-fold:
1. We give students a clear understanding of finance by teaching them basic finance. They learn about commonly used financial instruments, fundamental financial transactions, and the principal financial institutions. We believe knowledge of finance is essential if young students are to grow up into financially responsible adults. Financially educated and responsible adults are less likely to be duped by unscrupulous financial service providers. They are more likely to take care of their own financial welfare and thereby not rely on state resources.
2. We teach students basic ethics focusing on the three aspects of ethics:
I. The history of ethics: We examine the origins, both religious and secular, of ethics, its deep roots and its extensive branches in humanity’s history.
II. The two most vital and asked questions in ethics:
- Why be ethical?
- Are there objective ethical values?
III. The religious and secular ethical traditions that are frameworks for ethical assessment and decision-making.
3. We teach students to identify ethical issues that are specific to finance.
SPI is happy to conduct single lectures and/or multi-day educational seminars in schools to students from primary to secondary grades, and to those in the post-secondary learning community.