TY - BOOK AU - Foley,Duncan K. TI - Adam's fallacy: a guide to economic theology SN - 0674023099 AV - HB72 .F639 2006 U1 - 330.153 22 PY - 2006/// CY - Cambridge, Mass. PB - Belknap Press of Harvard University Press KW - Smith, Adam, KW - Economics KW - Philosophy N1 - 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 N2 - "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 ER -