Foley, Duncan K.,

Adam's fallacy : a guide to economic theology / Duncan K. Foley. - xv, 265 pages ; 22 cm

Includes bibliographical references and index.

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

"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.

0674023099 9780674023093

2006047227


Smith, Adam, 1723-1790. Inquiry into the nature and causes of the wealth of nations


Economics--Philosophy

HB72 / .F639 2006

330.153