The End of Economic Man: An Introduction to Humanistic EconomicsW. W. Norton & Company, 2001 - 479 páginas When Adam Smith pioneered modern economics in the eighteenth century, it was a branch of philosophy. By the close of the nineteenth century, economists had discovered the usefulness of mathematical tools from classical mechanics, and by the end of the twentieth visions of clicking pool balls reigned supreme. Except for one insightful critic: George Brockway. First writing for The New Leader and then in this seminal text, Brockway skewered mainstream economists who assumed away the free will of participants in the economy. This book establishes an economics in which men and women are not ceramic spheres subject only to cold, mathematical forecasts, but free human beings who are responsible for their actions and can find in this critical supposition the foundations of mores, morals, and morale. Now thoroughly revised, it is for anyone who has suspected that the economy is too important to be left to economists. |
Contenido
Preface | 9 |
Prologue Life Is Unfair Why Should We Care? | 15 |
PART I | 19 |
In the Beginning Is the Act | 21 |
Why Economics Is Value Bound | 29 |
Responsibility and Greed | 42 |
PART II | 63 |
The Distinguishing Mark of Economics | 65 |
Speculation | 278 |
International Trade | 294 |
The Law of Comparative Advantage | 329 |
General Equilibrium | 337 |
Productivity vs Profitability | 355 |
The Real Interest Fallacy and the Feds COLA | 362 |
Inflation and Recession | 375 |
The Death of NAIRU | 392 |
The Primacy of Price in Economics | 97 |
The Primacy of Labor in Life | 118 |
The Corporation and the Entitlement of Labor | 143 |
Competition and Diminishing Returns | 171 |
Goods and Services | 190 |
Marginal Utility | 203 |
Saving and Investing | 218 |
PART III | 237 |
Micro Macro and Society | 239 |
Money and Bankers | 251 |
PART IV | 405 |
A Few Notes on the New Economy | 407 |
A Few Notes on the New Finance | 413 |
Why the Trade Deficit Wont Go Away | 421 |
On Being Fully Human | 427 |
Epilogue We Are All Ends in Ourselves | 441 |
443 | |
Appendix Some Propositions Old and New | 453 |
455 | |
Otras ediciones - Ver todas
The End of Economic Man: An Introduction to Humanistic Economics George P. Brockway Sin vista previa disponible - 2001 |
Términos y frases comunes
activity actual American banks become Board borrowing called capital cause commodity competition consequence consumers continue corporation cost course debt deficit demand depends determined dollars economic economists effect employment enterprise equal equilibrium exchange exist expected fact factors fall federal funds rate Federal Reserve Federal Reserve Board firm force foreign funds future given hand human idea important income increase individual industry inflation interest interest rate investment labor least less limited living matter means measure merely million natural object paid percent person possible present problem production profit question reason result rise saving sell Smith society sort speculation supply theory things tion trade turn United utility wages wealth workers