You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.
Product Details
ISBN-13: 9781108824385
Media Type: Paperback
Publisher: Cambridge University Press
Publication Date: 04-27-2023
Pages: 324
Product Dimensions: 5.50(w) x 8.50(h) x 0.73(d)
About the Author
James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics at the University of Notre Dame. He is the author of Adam Smith's Marketplace of Life (2002), Actual Ethics (2006), The End of Socialism (2014), and Honorable Business (2019).
Table of Contents