“Redeeming Economics: Rediscovering the Missing Element”, boy do we need this now! John Mueller, of the Ethics and Public Policy Center, does an extraordinary job of pointing out what we are missing in all the discussions about economics…the fundamental productive unit – the family. He helps us to leap forward by looking backwards, by looking at the error in Adam Smith’s theory which 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 Economics covers 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 author’s illuminating exchange with the controversial philosopher Peter Singer.
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Learn more about the book here