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Paperback Meaningful Economics: Making the Science of Prosperity More Human Book

ISBN: 0197758150

ISBN13: 9780197758151

Meaningful Economics: Making the Science of Prosperity More Human

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Format: Paperback

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Book Overview

Economics has a problem--the discipline cannot distinguish the causes of human action from the consequences of human action. Economists deal with matters of fact, not with feelings and morals. They model representations of optimal agents, not flesh-and-blood human beings in ordinary life. By assuming that incentives and self-interest are sufficient to explain economic activity, economic science proceeds as if the human mind does not matter. But the...

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