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James R. Otteson - Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know

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James R. Otteson Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know
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Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know: summary, description and annotation

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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.

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Contents Seven Deadly Economic Sins You have heard of the Seven Deadly Sins - photo 1
Contents

Seven Deadly Economic Sins

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.

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).

Seven Deadly Economic Sins

James R Otteson - photo 2

James R. Otteson

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University Printing House Cambridge CB2 8BS United Kingdom One Liberty - photo 4

University Printing House, Cambridge CB2 8BS, United Kingdom

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Cambridge University Press is part of the University of Cambridge.

It furthers the University s mission by disseminating knowledge in the pursuit of education, learning, and research at the highest international levels of excellence.

www.cambridge.org

Information on this title: www.cambridge.org/9781108843379

DOI : 10.1017/9781108915304

James R. Otteson 2021

This publication is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press.

First published 2021

Printed in the United Kingdom by TJ Books Ltd, Padstow Cornwall

A catalogue record for this publication is available from the British Library.

Library of Congress Cataloging-in-Publication Data

Names : Otteson, James R., author.

Title : Seven deadly economic sins : obstacles to prosperity and happiness every citizen should know / James R. Otteson.

Description : Cambridge ; New York, NY : Cambridge University Press, 2021. | Includes bibliographical references and index.

Identifiers : LCCN 2020024139 (print) | LCCN 2020024140 (ebook) | ISBN 9781108843379 (hardback) | ISBN 9781108915304 (ebook)

Subjects : LCSH : Economics Moral and ethical aspects. | Economics Sociological aspects.

Classification : LCC HB 72 . O 79 2021 (print) | LCC HB 72 (ebook) |

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