Seven deadly economic sins
obstacles to prosperity and happiness every citizen should know
- ISBN: 9781108824385
- Editorial: Cambridge University Press
- Fecha de la edición: 2023
- Lugar de la edición: Cambridge. Reino Unido
- Encuadernación: Rústica
- Medidas: 22 cm
- Nº Pág.: 305
- Idiomas: Inglés
'Otteson, a philosopher, has written for non-economists the best short introduction to economics, and to a wider political economy. It is lucid, generous, open-handed yet thorough, and solidly based scientifically. Come to think of it, most economists should read it, too. They might stop using 'philosophical' as a term of contempt, and get back to an Adam-Smithian depth of understanding.' - Deirdre McCloskey, University of Illinois, Chicago
You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.
Introduction: Why care about economics? ; Why trust economics? ; Plan of the work
Wealth is positive-sum
Good is not good enough
There is no great mind
Progress is not inevitable
Economics and/or morality
Equality of what?
Markets are not perfect
Conclusion: The world and I