Economics for the Common Good

This textbook presents an introduction to the central issues of social economics. Building on a venerable social economics tradition, the book recommends a more rational economic order and proposes new principles of economic policy. The issues covered include * the inadequacy of individualistic economics in guiding the policy make * a critique of economic rationalit * rethinking of the modern business corporatio * a critical look at markets as panace * the harmful effects of international competitio * environmental problems The book introduces social economic concepts and challenges the reader to look beyond the confines of mainstream economic thinking to find a solution to these critical issues.