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Social Limits To Economic Theory



The article discusses the limitations of modern economics in addressing pressing issues such as environmental degradation and poverty. It introduces the concept of a new progressive political economy that takes into account community, justice, and ethical considerations. The book is praised for its thorough analysis and insight into non-orthodox economics. more details
Key Features:
  • Critique of modern economics and its limitations
  • Introduction of a new progressive political economy
  • Emphasis on community, justice, and ethical considerations


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Description
The article discusses the limitations of modern economics in addressing pressing issues such as environmental degradation and poverty. It introduces the concept of a new progressive political economy that takes into account community, justice, and ethical considerations. The book is praised for its thorough analysis and insight into non-orthodox economics.

Modern economics makes much of its claim to be impartial, objective and value-free but it is unable to address our most immediate problems such as widespread environmental degradation and persistent poverty. In Social Limits to Economic Theory Jon Mulberg argues for a new progressive political economy, based on notions of community and justice and incorporating environmental and ethical considerations. In doing so he provides the best introduction to date to critical, non-orthodox economics. Review: [This book] is very well done, very deep, very carefully reasoned, and extremely perceptive..... -Journal of Economic Issues
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