A Humane Economy

A Humane Economy
Author: Wilhelm Röpke
Publisher: Open Road Media
Total Pages: 287
Release: 2014-04-08
Genre: Biography & Autobiography
ISBN: 1497636426

“A Humane Economy is like a seminar on integral freedom conducted by a professor of uncommon brilliance.” —Wall Street Journal “If any person in our contemporary world is entitled to a hearing it is Wilhelm Röpke.” —New York Times A Humane Economy offers one of the most accessible and compelling explanations of how economies operate ever written. The masterwork of the great twentieth-century economist Wilhelm Röpke, this book presents a sweeping, brilliant exposition of market mechanics and moral philosophy. Röpke cuts through the jargon and statistics that make most economic writing so obscure and confusing. Over and over, the great Swiss economist stresses one simple point: you cannot separate economic principles from human behavior. Röpke’s observations are as relevant today as when they were first set forth a half century ago. He clearly demonstrates how those societies that have embraced free-market principles have achieved phenomenal economic success—and how those that cling to theories of economic centralization endure stagnation and persistent poverty. A Humane Economy shows how economic processes and government policies influence our behavior and choices—to the betterment or detriment of life in those vital and highly fragile human structures we call communities. “It is the precept of ethical and humane behavior, no less than of political wisdom,” Röpke reminds us, “to adapt economic policy to man, not man to economic policy.”

The Humane Economy

The Humane Economy
Author: Wayne Pacelle
Publisher: HarperCollins
Total Pages: 346
Release: 2016-04-19
Genre: Nature
ISBN: 0062389661

A major new exploration of the economics of animal exploitation and a practical roadmap for how we can use the marketplace to promote the welfare of all living creatures, from the renowned animal-rights advocate Wayne Pacelle, President/CEO of the Humane Society of the United States and New York Times bestselling author of The Bond. In the mid-nineteenth century, New Bedford, Massachusetts was the whaling capital of the world. A half-gallon of sperm oil cost approximately $1,400 in today’s dollars, and whale populations were hunted to near extinction for profit. But with the advent of fossil fuels, the whaling industry collapsed, and today, the area around New Bedford is instead known as one of the best places in the world for whale watching. This transformation is emblematic of a new sort of economic revolution, one that has the power to transform the future of animal welfare. In The Humane Economy, Wayne Pacelle, President/CEO of the Humane Society of the United States, explores how our everyday economic decisions impact the survival and wellbeing of animals, and how we can make choices that better support them. Though most of us have never harpooned a sea creature, clubbed a seal, or killed an animal for profit, we are all part of an interconnected web that has a tremendous impact on animal welfare, and the decisions we make—whether supporting local, not industrial, farming; adopting a rescue dog or a shelter animal instead of one from a “puppy mill”; avoiding products that compromise the habitat of wild species; or even seeing Cirque du Soleil instead of Ringling Brothers—do matter. The Humane Economy shows us how what we do everyday as consumers can benefit animals, the environment, and human society, and why these decisions can make economic sense as well.

Aquinas and the Market

Aquinas and the Market
Author: Mary L. Hirschfeld
Publisher: Harvard University Press
Total Pages: 288
Release: 2018-11-26
Genre: Business & Economics
ISBN: 0674988604

Economists and theologians usually inhabit different intellectual worlds. Economists investigate the workings of markets and tend to set ethical questions aside. Theologians, anxious to take up concerns raised by market outcomes, often dismiss economics and lose insights into the influence of market incentives on individual behavior. Mary L. Hirschfeld, who was a professor of economics for fifteen years before training as a theologian, seeks to bridge these two fields in this innovative work about economics and the thought of St. Thomas Aquinas. According to Hirschfeld, an economics rooted in Thomistic thought integrates many of the insights of economists with a larger view of the good life, and gives us critical purchase on the ethical shortcomings of modern capitalism. In a Thomistic approach, she writes, ethics and economics cannot be reconciled if we begin with narrow questions about fair wages or the acceptability of usury. Rather, we must begin with an understanding of how economic life serves human happiness. The key point is that material wealth is an instrumental good, valuable only to the extent that it allows people to flourish. Hirschfeld uses that insight to develop an account of a genuinely humane economy in which pragmatic and material concerns matter but the pursuit of wealth for its own sake is not the ultimate goal. The Thomistic economics that Hirschfeld outlines is thus capable of dealing with our culture as it is, while still offering direction about how we might make the economy better serve the human good.

Humane Economics

Humane Economics
Author: Jack C. High
Publisher: Edward Elgar Publishing
Total Pages: 348
Release: 2006-10-27
Genre: Business & Economics
ISBN: 9781781959176

Don Lavoie's published work encompassed a wide range of subjects - socialism, hermeneutics, information technology, and culture. The subjects appear unrelated, but a close examination of his research reveals an underlying unity of thought and an economics at sharp variance with the post World War II mainstream. By linking economics to other disciplines, Lavoie demonstrated that economics is closer to the humanities than to the physical sciences. The contributors to this volume explore Don Lavoie's legacy and its implications for economics.

Integrating Human Capital with Human Development

Integrating Human Capital with Human Development
Author: John F. Tomer
Publisher: Springer
Total Pages: 234
Release: 2016-04-05
Genre: Business & Economics
ISBN: 1137456744

For the most part, human capital theory emphasizes human cognitive development and the acquisition of knowledge and skills that enable enhanced productivity and earnings. In light of recent research findings, particularly concerning neurodevelopment and early childhood development, it is becoming apparent that this standard version of human capital theory has a far too limited conception of human capabilities and how they are created. Integrating Human Capital with Human Development considers recently accumulated knowledge related to the human brain's functioning and development to better understand the relationship between human capital and human development in successful economies. It shifts the focus of human capital theory to give full consideration to intangible, non-cognitive aspects of learning. This exciting new volume is an important addition to the study of human capital and behavioral economics more broadly.

Viking Economics

Viking Economics
Author: George Lakey
Publisher: Melville House
Total Pages: 249
Release: 2016-07-12
Genre: Business & Economics
ISBN: 1612195377

Liberals worldwide invoke Scandinavia as a promised land of equality, while most conservatives fear it as a hotbed of liberty-threatening socialism. But the left and right can usually agree on one thing: that the Nordic system is impossible to replicate elsewhere. The US and UK are too big, or too individualistic, or too . . . something. In Viking Economics George Lakey dispels these myths. He explores the inner workings of the Nordic economies that boast the world’s happiest, most productive workers, and explains how we can enact some of the changes—including universal healthcare, affordable childcare, and a month of paid vacation for all—that the Scandinavians fought for surprisingly recently. We, too, can refuse to be governed by the elites and embrace equality in our economic policy—here’s how.

Human Goods, Economic Evils

Human Goods, Economic Evils
Author: Edward Hadas
Publisher: Intercollegiate Studies Institute
Total Pages: 360
Release: 2007
Genre: Business & Economics
ISBN:

Much of modern economic theory is based on a rather unflattering view of human nature, one that is essentially selfish and materialistic. Not surprisingly, this incomplete version of human anthropology makes for some rather incomplete economic theory, argues Edward Hadas in Human Goods & Economic Evils. Instead of simply being utility maximizers, Hadas argues human beings also seek to maximize morality in their everyday economic lives. For Hadas, economic man is moral man, who always strives for the good according to his nature. While the weakness of human nature ensures that the good is never fully achieved, economic activity is nevertheless best understood as part of the great moral enterprise of humanity. Human Goods & Economic Evils does not claim that the basic economic activities of laboring and consuming are the most important things in life, but they are literally vital, and as such deserve to be studied and understood through a more morally sympathetic view of human nature. With this in mind, Human Goods & Economic Evils provides both lay readers and policymakers the intellectual tools necessary to judge what is right and what is wrong about the modern economy, and returns the study of economics to its proper, more humanistic sphere.

Economics Unmasked

Economics Unmasked
Author: Manfred Max-Neef
Publisher: Bloomsbury Publishing
Total Pages: 304
Release: 2011-08-30
Genre: Business & Economics
ISBN: 0857840320

An inspiring outline of a new economics system, where justice, human dignity, compassion and reverence for life are the guiding values. The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a chance property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socio-economic system based on the growth obsession can never be sustainable. This book outlines the foundations of a new economics, where we are not ruled by greed and injustice. Contrary to the absurd assumption of mainstream economists that economics is a value-free science, a new economics must make its values explicit.

The Global New Deal

The Global New Deal
Author: William F. Felice
Publisher: Rowman & Littlefield Publishers
Total Pages: 366
Release: 2010-01-15
Genre: Political Science
ISBN: 0742567281

Global human suffering in the twenty-first century seems bitterly entrenched, with almost half of the world's people remaining impoverished and over 26,000 children dying daily from preventable causes. This powerful and empowering text offers a way forward, presenting a realistic roadmap for enhanced benevolent global governance with practical, workable solutions to mass poverty. Now fully updated, including new chapters, The Global New Deal outlines the legal responsibilities for all institutions, organizations, and states under international law to respect, protect, and fulfill economic and social human rights. William F. Felice focuses on seven key areas: the dynamics within international political economy that contribute to economic inequality and create human suffering, the U.N.'s approach to economic and social human rights, the priority of ecosystem protection within all development strategies, the degree of racial bias prevalent in global economics, the relationship between gender equality and economic growth, the impact of military spending on human development, and the importance for the United States to adopt a human-rights approach to poverty alleviation. Arguing for a "global new deal," a set of international and national public policy proposals designed to protect the vulnerable and end needless suffering, this book provides a viable direction for structural reform to protect those left behind by the global economy.

Honorable Business

Honorable Business
Author: James R. Otteson
Publisher: Oxford University Press
Total Pages: 358
Release: 2019-01-30
Genre: Business & Economics
ISBN: 0190914238

Business has a bad name for many people. It is easy to point to unethical and damaging behavior by companies. And it may seem straightforward to blame either indivuduals or, more generally, ruthless markets and amoral commercial society. In Honorable Business, James R. Otteson argues that business activity can be valuable in itself. The primary purpose of honorable businesses is to create value-for all parties. They look for mutually voluntary and mutually beneficial transactions, so that all sides of any exchange benefit, leading to increasing prosperity not just for one person or for one group at the expense of others but simultaneously for everyone involved. Done correctly, honorable business is a positive-sum activity that can enable flourishing for individuals and prosperity for society. Otteson connects honorable business with the political, economic, and cultural institutions that contribute to a just and humane society. He builds on Aristotle's conception of human beings as purposive creatures who are capable of constructing a plan for their lives that gives them a chance of achieving the highest good for humanity, focusing on autonomy and accountability, as well as good moral judgment. This good judgment can enable us to answer the why of what we do, not just the how. He also draws on Adam Smith's moral philosophy and political economy, and argues that Smithian institutions have played a significant role in the remarkable increase in worldwide prosperity we have seen over the last two hundred years. Otteson offers a pragmatic Code of Business Ethics, linked to a specific conception of professionalism, and defends this Code on the basis of a moral mandate to use one's limited resources of time, talent, and treasure to provide value for oneself only by simultaneously providing value to others. The result is well-articulated parameters within which business can be an acceptable-perhaps even praiseworthy-activity.