Economics for the Common Good: Two Centuries of Economic Thought in the Humanist Tradition / Edition 1

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This textbook presents an introduction to the central issues of social economics. Building on a venerable social economics tradition, the book recommends a more rational economic order and proposes new principles of economic policy. The issues covered include:

• the inadequacy of individualistic economics in guiding the policy maker

• a critique of economic rationality

• rethinking of the modern business corporation

• a critical look at markets as panacea

• the harmful effects of international competition

• environmental problems.
The book introduces social economic concepts and challenges the reader to look beyond the confines of mainstream economic thinking to find a solution to these critical issues.

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Editorial Reviews

Provides an introduction to economics in terms of human rather than material welfare, and argues for a broader, more socially sensitive and ecologically sensible economic science. Recommends a more rational economic order and proposes new principles of economic policy. Themes include the inadequacy of individualistic economics in guiding socioeconomic policy, a reconsideration of the modern business corporation, a critical look at markets as a panacea, and the harmful effects of international competition and finance. The author is a professor of economics at the University of Maine. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780415143134
  • Publisher: Taylor & Francis
  • Publication date: 4/16/1999
  • Series: Routledge Advances in Social Economics Series
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 320
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.67 (d)

Table of Contents


1. Introducing Social Economics

2. The Grandfather of Social Economics: J.C.L. Simonde de Sismondi

3. The Germination of Social Economics on British Soil

4. In Sismondi's Spirit: John A. Hobson

5. Ethics, Science and Economic Welfare

6. Tracking the Common Good

7. How Reasonable Is Economic Rationality?

8. Rethinking the Corporation?

9. Whither the Market and Globalization?

10. The Ultimate Challenge

11. Social Economics as an Alternative


Guide to Further Reading

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