Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know

· Cambridge University Press
Ebook
325
Pages
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About this ebook

You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.

About the author

James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics at the University of Notre Dame. He is the author of Adam Smith's Marketplace of Life (2002), Actual Ethics (2006), The End of Socialism (2014), and Honorable Business (2019).

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