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Was the Good Samaritan a Bad Economist?

Autor Charles K. Wilber
en Limba Engleză Hardback – 10 mai 2021
In Was the Good Samaritan a Bad Economist? Charles K. Wilber argues that the American economy has not only failed to overcome poverty, it has generated extreme inequality that in turn restricts social mobility and further marginalizes the poor. Wilber argues that economic theory is permeated with ethical values and any economics must be so; that human behavior is more complex than the economists' simple self-interest model; that people are also driven by deeply embedded moral values; that markets require intervention to create equity; and that Catholic social thought provides the perspective and values to develop a more relevant social economics. The author takes that modified economics and uses it to analyze specific social problems: labor markets, poverty, inequality, financial crisis, and development. Wilber next focuses on the important role of families, labor unions, parishes, and small Christian communities, such as the Catholic Worker movement, as mediating institutions in the economy. He concludes with a final look at the questions, "Was the Good Samaritan a Bad Economist?".
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Specificații

ISBN-13: 9781793637000
ISBN-10: 1793637008
Pagini: 268
Dimensiuni: 152 x 229 x 26 mm
Greutate: 0.56 kg
Editura: Rowman & Littlefield

Notă biografică

Charles K. Wilber is emeritus professor of economics and fellow, Joan B. Kroc Institute for International Peace Studies at the University of Notre Dame.


Descriere

Economics is imbued with individualistic values that result in an economy marked by extreme inequality that in turn restricts social mobility and further marginalizes the poor. Catholic social thought provides the moral values required to help make economics capable of building an economy that serves all, rich and poor alike.