By Donald E. Frey

Lines the historical past of 2 rival American monetary moralities from colonial instances to the current.

Show description

Read Online or Download America's Economic Moralists: A History of Rival Ethics and Economics PDF

Similar business culture books

Stop Bullying at Work: Strategies and Tools for HR and Legal Professionals

The character and impression of office bullying is addressed during this complete evaluation. From the viewpoint of the human assets (HR) division, this useful consultant presents the instruments to either examine interpersonal clash and do away with the matter. coverage versions that not just take on harassment concerns but additionally enforce techniques that conform to laws also are provided.

Brand Valued: How socially valued brands hold the key to a sustainable future and business success

New recommendations to refresh and recharge your manufacturers How do you determine and preserve a powerful long term courting among your model and your shoppers? profitable model managers comprehend that it's all approximately belief and protecting the shoppers engaged. The luck of contemporary "green" campaigns as a method of connecting with, pleasurable, and attracting new shoppers is simply the top of the iceberg.

The Truth About Your Future: The Money Guide You Need Now, Later, and Much Later

Manhattan instances bestselling writer and mythical funding guru Ric Edelman unearths his forward-thinking advisor on how expertise and technological know-how will reshape the best way we keep, make investments, and plan for the longer term. expertise and technology are evolving at a blistering, nearly incomprehensible velocity. The Human Genome venture took 11 years and $2.

Additional resources for America's Economic Moralists: A History of Rival Ethics and Economics

Sample text

He worried that governmental care for the aged and ill would undermine the incentive to save when young and healthy. A materialistic view of human motivation appeared in Franklin’s writings, anticipating political economy yet to come. In the same letter of 1753, Franklin argued against government interference in the economy, for efforts to ameliorate social and economic ills would inevitably backfire. He recounted the story of a New England town that sought to end the damage blackbirds inflicted on the corn crop.

LAISSEZ-FAIRE FOR AMERICANS 41 Marcet, through the questions and answers of her characters, also stated that the economic status quo represented the best of possible outcomes. Did land rents and food prices rise dramatically during a famine, which fell heavily on the poor? Mrs. B turned that into good news: the high prices would draw more resources into agriculture and eventually end the famine. As Caroline learned, “if the poor are obligated to pay a high price for the necessaries of life, it is for their own benefit” (233).

Slave-owning was motivated by selfishness, that danger of any individualist morality. Self-interest, to have its way, might deny human kinship—and certainly denied it when rationalizing slavery. Woolman suggested that selfishness would drive one to take advantage of inferiors, and asked “what then shall we do when God riseth up” (207)? Woolman argued that self-love, given absolute power over others, would lead to every abuse: the slave-owner’s “irregular appetites” run free when he exercises absolute power over others 22 AMERICA’S ECONOMIC MORALISTS (221–22).

Download PDF sample

Rated 5.00 of 5 – based on 49 votes