Greed Self Interest And The Shaping Of Economics

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Greed, Self-Interest and the Shaping of Economics

Author : Rudi Verburg
Publisher : Routledge
Page : 216 pages
File Size : 44,5 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 9781351977791

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Greed, Self-Interest and the Shaping of Economics by Rudi Verburg Pdf

Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the past of economics can contribute to today’s debates. The book considers how economics took shape as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explains how dreams of affluence, morality and happiness were built upon human greed and vanity. It covers the bumpy road of the construction and reconstruction of this dream, exploring the debate on the foundations, conditions and limitations of the idea of the social utility of greed and vanity. Revisiting this debate provides a rich source of ideas in rethinking economics and the basic beliefs concerning our economic system today.

Greed in the History of Political Economy

Author : Rudi Verburg
Publisher : Unknown
Page : 216 pages
File Size : 43,9 Mb
Release : 2018
Category : Avarice
ISBN : 1351977784

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Greed in the History of Political Economy by Rudi Verburg Pdf

"Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the economics of the past can contribute to todays debates.The book considers how political economy developed, as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explores how dreams of affluence, morality and happiness were built upon human greed and vanity. It presents a framework within which to contextualise present-day concerns about limits to growth, and through which we can rethink the basis of our economic system."--Provided by publisher.

Greed

Author : Julian Edney
Publisher : iUniverse
Page : 96 pages
File Size : 42,8 Mb
Release : 2005-06
Category : Business & Economics
ISBN : 9780595360000

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Greed by Julian Edney Pdf

This is an immensely wealthy society but it is not a humane society. Greed has become a force creating precipitous inequalities, and divisions in this society now approach a kind of wealth apartheid, but greed is rarely seen as a moral wrong. This is not the first time the nation has produced huge economic inequalities. Today, as the free market continues its global advance, the values of democracy are being torn. Two ideologies popular in the era of robber barons appear to be rising again: laissez-faire and Social Darwinism. Freedom, coercion, debt, credit cards, meritocracy, sociopaths, environment and corporations are all examined. Is exploitation wrong? The free market conceals a cultural contradiction: the everyday workplace vs. democracy. How can we hope to export democracy if we don't have it? Our economic theory is antiquated and we need to step a little closer to modern reality. What motivates people in today's society: is it the pursuit of happiness, or is it surviving in an endless round of work-and-debt? Or is it the avoidance of fear? Remedies and how you can make a difference.

Everyday Greed: Analysis and Appraisal

Author : Michael S. Pritchard,Elaine E. Englehardt
Publisher : Springer Nature
Page : 127 pages
File Size : 42,5 Mb
Release : 2021-07-30
Category : Business & Economics
ISBN : 9783030700874

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Everyday Greed: Analysis and Appraisal by Michael S. Pritchard,Elaine E. Englehardt Pdf

This collection examines how greed should be understood and appraised. Roundly condemned by virtually all religions, greed receives mixed appraisals in the domains of business and economics. The volume examines these mixed appraisals and how they fare in light of their implications for greed in our everyday world. Greed in children is uniformly criticized by parents, other adults, and even children’s peers. However, in adulthood, greed is commended by some as essential to profit-seeking in business and for offering the greatest promise in promoting economic prosperity for everyone. Those who advocate a more permissive position on greed in the adult world typically concede that some constraints on greed are needed. However, the supporting literature offers little analysis of what greed is (as distinct from, for example, the effort to meet modest needs, or the pursuit of ordinary self-interested ends). It offers little clarification of what sorts of constraints on greed are needed. Nor is careful attention given to difficulties children might have in making a transition without moral loss from regarding greed as inappropriate to its later qualified acceptance. Through a secular approach, this book attempts to make significant inroads in remedying these shortcomings.

Selfishness, Greed and Capitalism

Author : Christopher Snowdon
Publisher : Unknown
Page : 233 pages
File Size : 42,9 Mb
Release : 2018
Category : Electronic
ISBN : OCLC:1304415375

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Selfishness, Greed and Capitalism by Christopher Snowdon Pdf

This IEA publication deals head-on with a number of widely quoted myths about the market economy. In the case of the philosophical myths, such as the idea that economists believe that everybody is greedy, the author, Christopher Snowdon, carefully and entertainingly unpicks the misguided ideas that have taken hold. The author then moves on and effectively disposes of a number of economic myths using empirical evidence that is often ignored by commentators. This book is essential reading for all who wish to separate fact from fiction when it comes to understanding economic reasoning and evidence.

An Economic Theory of Greed, Love, Groups, and Networks

Author : Paul Frijters
Publisher : Cambridge University Press
Page : 451 pages
File Size : 41,9 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9781107355163

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An Economic Theory of Greed, Love, Groups, and Networks by Paul Frijters Pdf

Why are people loyal? How do groups form and how do they create incentives for their members to abide by group norms? Until now, economics has only been able to partially answer these questions. In this groundbreaking work, Paul Frijters presents a new unified theory of human behaviour. To do so, he incorporates comprehensive yet tractable definitions of love and power, and the dynamics of groups and networks, into the traditional mainstream economic view. The result is an enhanced view of human societies that nevertheless retains the pursuit of self-interest at its core. This book provides a digestible but comprehensive theory of our socioeconomic system, which condenses its immense complexity into simplified representations. The result both illuminates humanity's history and suggests ways forward for policies today, in areas as diverse as poverty reduction and tax compliance.

Greed

Author : A. Brassey,S. Barber
Publisher : Springer
Page : 191 pages
File Size : 41,7 Mb
Release : 2009-10-15
Category : Business & Economics
ISBN : 9780230246157

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Greed by A. Brassey,S. Barber Pdf

For all of the technical explanations for meltdown in the financial markets during the banking crisis, the most readily accepted and almost universal explanation is the single word 'greed'. This is a subject which can at once be seen as the disease at the heart of society and the motivating force behind the progress of mankind.

Metaeconomics

Author : Gary D. Lynne
Publisher : Springer Nature
Page : 315 pages
File Size : 45,9 Mb
Release : 2020-11-13
Category : Psychology
ISBN : 9783030506018

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Metaeconomics by Gary D. Lynne Pdf

This book presents the Metaeconomics Framework and Dual Interest Theory, which weave the empathy-based moral and ethical dimension back into key economic questions. Metaeconomics addresses the problem of placing too much emphasis on the market or the government, and thus argues that seeing the link between ego and empathy, self- and other-interest, and market and government will lead to a more just, fair, and sustainable polity. The unique Dual Interest Theory proposes that ego-based self-interest and empathy-based other-interest are joint and internal to each person: it maintains the original proposition from Adam Smith that each person maximizes their own-interest, which Metaeconomics makes clear involves balancing the two joint interests, although self-interest is more primal. The book begins with an explanation of how Metaeconomics connects the other kinds of economics. The book then provides a series of applications of Metaeconomics in heated policy issues, such as elections, finance, family, food, health, natural resources, education, taxes, and extreme inequality, among others. Finally, the book concludes that the only way to save capitalism is to bring empathy into both private and public actions and bring about a more humane balance in market and government.

A Genealogy of Self-Interest in Economics

Author : Susumu Egashira,Masanori Taishido,D. Wade Hands,Uskali Mäki
Publisher : Springer Nature
Page : 321 pages
File Size : 44,5 Mb
Release : 2021-01-29
Category : Business & Economics
ISBN : 9789811593956

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A Genealogy of Self-Interest in Economics by Susumu Egashira,Masanori Taishido,D. Wade Hands,Uskali Mäki Pdf

This is the first book to describe the entire developmental history of the human aspects of economics. The issue of “self-interest” is discussed throughout, from pre-Adam Smith to contemporary neuroeconomics, representing a unique contribution to economics. Though the notion of self-interest has been interpreted in several ways by various schools of economics and economists since Smith first placed it at the heart of the field, this is the first book to focus on this important but overlooked topic. Traditionally, economic theory has presupposed that the core of human behavior is self-interest. Nevertheless, some economists, e.g. recent behavioral economists, have cast doubt on this “self-interested” explanation. Further, though many economists have agreed on the central role of self-interest in economic behavior, each economist’s positioning of self-interest in economic theory differs to some degree. This book helps to elucidate the position of self-interest in economic theory. Given its focus, it is a must-read companion, not only on the history of economic thought but also on economic theory. Furthermore, as today’s capitalism is increasingly causing people to wonder just where self-interest lies, it also appeals to general readers.

Pathology of the Capitalist Spirit

Author : D. Levine
Publisher : Springer
Page : 100 pages
File Size : 52,6 Mb
Release : 2013-04-05
Category : Political Science
ISBN : 9781137346797

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Pathology of the Capitalist Spirit by D. Levine Pdf

Pathology of the Capitalist Spirit is about capital and about the economic system that bears its name. In this book, Levine argues that our pursuit of ever-more wealth in the form of capital expresses our dissatisfaction with the world we live in, with what we have and what we don't have. Capital embodies our hope for something different. Because capital embodies this hope, it has become desire's object. In his study of capitalism, Levine explores the meaning of capital as a social reality connected to fundamental human aspirations. The link between capital and the pursuit of a hoped-for state is especially important in light of the stubborn insistence on the part of its critics that capitalism exists to serve the material interests of those whose vocation is to own capital. This misunderstanding ignores what is essential about capital, which is its link not to interests but to hope, especially the hope that by accumulating capital the individual can achieve an attachment to the good. It is this hope that blocks tolerance of any notion that there is something unfair in the capitalist's acquisition of wealth and that fairness can be achieved through its redistribution to others. It is also this hope that animates the capitalist system as a whole. And in that sense, this hope is the spirit of capitalism. To develop this theme, Levine calls on the ideas and writings of major theorists involved with understanding modernity and capitalism: Adam Smith, Karl Marx, Max Weber, Emile Durkheim, and Joseph Schumpeter.

All You Can Eat

Author : Linda McQuaig
Publisher : Viking
Page : 296 pages
File Size : 40,5 Mb
Release : 2001
Category : Business & Economics
ISBN : STANFORD:36105025924908

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All You Can Eat by Linda McQuaig Pdf

Explains the mired history of social and economic thinking that has culminated in the new capitalism. McQuaig argues that instead of shaping our society to fit the economy, we must shape the economy to fit the society we want. 2001.

Divine Providence in Early Modern Economic Thought

Author : Joost Hengstmengel
Publisher : Routledge
Page : 248 pages
File Size : 48,6 Mb
Release : 2019-05-01
Category : Business & Economics
ISBN : 9780429511110

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Divine Providence in Early Modern Economic Thought by Joost Hengstmengel Pdf

In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was associated with the economy: international trade, division of labour, value and price, self-interest, and poverty and inequality. Ultimately, it is shown that theological ideas continued to influence economic thought beyond the Medieval period, and that the science of economics as we know it today has theological origins. Interdisciplinary in nature, this book will be of interest to advanced students and researchers in the history of economic thought, the history of theology, philosophy and intellectual history.

Religion and the Rise of Capitalism

Author : Benjamin M. Friedman
Publisher : Vintage
Page : 561 pages
File Size : 49,9 Mb
Release : 2022-01-11
Category : Business & Economics
ISBN : 9780593311097

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Religion and the Rise of Capitalism by Benjamin M. Friedman Pdf

From one of the nation's preeminent experts on economic policy, a major reassessment of the foundations of modern economic thinking that explores the profound influence of an until-now unrecognized force—religion. "Friedman has given us an original and brilliant new perspective on the terrifying divisions of our own times. No book could be more important.” —George A. Akerlof, Nobel Laureate in Economics Critics of contemporary economics complain that belief in free markets—among economists as well as many ordinary citizens—is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea. Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset. Friedman makes clear how the foundational transition in thinking about what we now call economics, beginning in the eighteenth century, was decisively shaped by the hotly contended lines of religious thought within the English-speaking Protestant world. Beliefs about God-given human character, about the after-life, and about the purpose of our existence, were all under scrutiny in the world in which Adam Smith and his contemporaries lived. Friedman explores how those debates go far in explaining the puzzling behavior of so many of our fellow citizens whose views about economic policies—and whose voting behavior—seems sharply at odds with what would be to their own economic benefit. Illuminating the origins of the relationship between religious thinking and economic thinking, together with its ongoing consequences, Friedman provides invaluable insights into our current economic policy debates and demonstrates ways to shape more functional policies for all citizens.

Greed, Lust & Gender

Author : Nancy Folbre
Publisher : Unknown
Page : 0 pages
File Size : 54,5 Mb
Release : 2023
Category : Avarice
ISBN : 1383037078

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Greed, Lust & Gender by Nancy Folbre Pdf

This book dramatizes the history of self-interest by describing a centuries-long debate over greed, lust, and appropriate gender roles. Ranging from the 18th century to the present, it offers a deft and engaging critique of economic history and the history of ideas from a feminist perspective.

Theology, Morality and Adam Smith

Author : Jordan J. Ballor,Cornelis van der Kooi
Publisher : Routledge
Page : 342 pages
File Size : 47,7 Mb
Release : 2022-06-20
Category : Business & Economics
ISBN : 9781000605891

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Theology, Morality and Adam Smith by Jordan J. Ballor,Cornelis van der Kooi Pdf

This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723–1790). The panel of contributors deepens our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith’s view of providence and his famous "invisible hand" to the role of self-interest and benevolence in Smith’s social and economic thought. A better appreciation for the moral and theological dimensions of Smith’s thought provides not only a better understanding of Smith’s own context and significance in the Scottish Enlightenment but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science, and philosophy.