Economics for the Common Good: Two Centuries of Social Economic Thought in the Humanistic Tradition

Synopsis

This volume provides an introduction to economics in terms of human rather than material welfare. Building on a social economics tradition, it proposes a more rational economic order and develops new principles of economic policy. The issues covered include: the inadequacy of individualistic economics in guiding policy formation; a logical critique of economic rationality; rethinking of the modern business corporation; a critique of modern trade theory and unregulated international competition; and how standard economic theory encourages major ecological problems.

In approaching problems generally conceived to be purely economic from a social and ecological perspective, the author explores the vital interface between economics, ethics and politics.

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