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Adam's fallacy : a guide to economic theology / Duncan K. Foley.

By: Material type: TextTextPublisher: Cambridge, Mass. : Belknap Press of Harvard University Press, 2006Description: xv, 265 pages ; 22 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 0674023099
  • 9780674023093
Subject(s): DDC classification:
  • 330.153 22
LOC classification:
  • HB72 .F639 2006
Contents:
1. Adam's vision -- 2. Gloomy science -- 3. The severest critic -- 4. On the margins -- 5. Voices in the air -- 6. Grand illusions.
Review: "This book attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek, and Thorstein Veblen. The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. "Adam's Fallacy" is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends."--BOOK JACKET.
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Holdings
Item type Current library Call number Copy number Status Date due Barcode
Book City Campus City Campus Main Collection 330.153 FOL (Browse shelf(Opens below)) 1 Available A324038B

Includes bibliographical references and index.

1. Adam's vision -- 2. Gloomy science -- 3. The severest critic -- 4. On the margins -- 5. Voices in the air -- 6. Grand illusions.

"This book attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek, and Thorstein Veblen. The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. "Adam's Fallacy" is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends."--BOOK JACKET.

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