Redeeming Economics: Rediscovering the Missing Element (Culture of Enterprise)

The scope of Muellers intellectual ambition in this book is truly astonishing as is the scope of the research involved. . . . People should invest the time needed to read absorb and promote this important book. Jennifer Roback Morse Ph.D. Groundbreaking. The Washington Examiner Mueller points out the family is the fundamental productive unit. It produces a nations most valuable resource: human beings hopefully socialized ones. . . . There is much hype about the conflict between economic and social conservatives. But if Mueller is right the two visions are basically complementary. . . . His writing does suggest some of the weaknesses of modern conservatism. . . . Conservatives may need to outgrow Adam Smith and develop a newer deeper understanding of economics the family and justice. Daily Herald (Utah) Mueller opens discussion on essential topics for people of all faiths political orientations and worldviews and does so in ways that probe the limits of rational choice and foster interdisciplinary conversation. Choice Economics is primed for a revolution says respected economic forecaster John D. Mueller. To make this leap forward will require looking backward for as Redeeming Economicsreveals the most important element of economic theory has been ignored for more than two centuries. Since the great Adam Smith tore down this pillar of economic thought economic theory has had no way to account for a fundamental aspect of human experience: the social relationships that define us the loves (and hates) that motivate and distinguish us as persons. In trying to reduce human behavior to mere exchanges modern economists have lost sight of how these essential motivations are expressed: as gifts (or their opposite crimes). Mueller makes economics whole again masterfully reapplying economic thought as articulated by Aristotle Augustine and Aquinas. Contrarian and compelling Redeeming Economicscovers everything from unemployment to inflation to the economics of parenthood to the greatest geopolitical challenge facing the United States to flaws in the mega-bestseller Freakonomics to the authors illuminating exchange with the controversial philosopher Peter Singer.