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Economics in disarray, having placed efficiency before ethics, human well-being

18 点作者 jrepinc大约 1 年前

2 条评论

AlgoRitmo大约 1 年前
Thanks - I may pickup his latest book
andriesm大约 1 年前
&quot;Mainstream economics is in &quot;disarray.&quot;<p>It ignores the reality of power, it neglects questions of equity, and its policy recommendations can be &quot;little more than a license for plunder.&quot;<p>In other words, economics is not about social justice, it&#x27;s about optimal allocation of resources, how markets set prices, and what makes economies grow or not, productivity and efficiency.<p>So economics haven&#x27;t placed marxist clads struggles at it&#x27;s center, therefore it is in &quot;disarray&quot;