Summary/Annotation -> A provocative and timely call for a moral approach to economics, drawing on philosophers, political theorists, writers, and economists from Aristotle to Marx to Keynes.
What constitutes the good life? What is the true value of money? Why do we work such long hours merely to acquire greater wealth? These are some of the questions that many asked themselves when the financial system crashed in 2008. This book tackles such questions head-on.
The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people's basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours.
The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it.
How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.
01368cam a22003738a 4500
120608s2012 nyu b 001 0 eng
$a 9781590515075 (hbk.) : $c $24.95
$a 201206111716 $b jkim $y 201206080816 $z ymok
$a DLC $b eng $c DLC $d BTCTA $d BDX $d YDXCP
$a HB251 $b .S64 2012
$a 306.3 $2 23
$a 306.3 S
$a Skidelsky, Robert Jacob Alexander, $d 1939-
$a How much is enough? : $b money and the good life / $c Robert Skidelsky and Edward Skidelsky.
$a New York : $b Other Press, $c c2012.
$a p. $c cm.
$a Includes bibliographical references and index.
$a Keynes's mistake -- The Faustian bargain -- The uses of wealth -- The mirage of happiness -- Limits to growth: natural or moral? -- Elements of the good life -- Exits from the rat race.
$a A Jun12-CEL
$a Economics $x Sociological aspects.
$a Skidelsky, Edward.
$a C0 $b ZQP
$a VTLSSORT0010 0080 0100 0400 0200 0201 0420 0500 0820 0490 0990 1000 2450 2600 2630 3000 5040 5050 5990 6500 6501 7000 9950 9940 9992