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Books > Social sciences > Politics & government > Central government > Central government policies
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Was the Good Samaritan a Bad Economist? (Hardcover)
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Was the Good Samaritan a Bad Economist? (Hardcover)
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In Was the Good Samaritan a Bad Economist? Charles K. Wilber argues
that the American economy has not only failed to overcome poverty,
it has generated extreme inequality that in turn restricts social
mobility and further marginalizes the poor. Wilber argues that
economic theory is permeated with ethical values and any economics
must be so; that human behavior is more complex than the
economists' simple self-interest model; that people are also driven
by deeply embedded moral values; that markets require intervention
to create equity; and that Catholic social thought provides the
perspective and values to develop a more relevant social economics.
The author takes that modified economics and uses it to analyze
specific social problems: labor markets, poverty, inequality,
financial crisis, and development. Wilber next focuses on the
important role of families, labor unions, parishes, and small
Christian communities, such as the Catholic Worker movement, as
mediating institutions in the economy. He concludes with a final
look at the questions, "Was the Good Samaritan a Bad Economist?".
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