Economics for the Common Good - 9780415143134

Taylor & Francis

This volume provides an introduction to economics in terms of human rather than material welfare. The book recommends a more rational economic order and proposes new principles of economic policy. > This textbook presents an introduction to the central issues of social economics. Building on a venerable social economics tradition, the book recommends a more rational economic order and proposes new principles of economic policy. The issues covered include:* the inadequacy of individualistic economics in guiding the policy maker* a critique of economic rationality* rethinking of the modern business corporation* a critical look at markets as panacea* the harmful effects of international competition* environmental problems.The book introduces social economic concepts and challenges the reader to look beyond the confines of mainstream economic thinking to find a solution to these critical issues. > Preface Source Acknowledgments 1 Introducing social economics 2 The grandfather of so.