Synopsis
How do you get your dinner? That is the basic question of economics. It might seem easy, but it is actually very complicated.
When Adam Smith proclaimed that all our actions were motivated by self-interest and the world turned because of financial gain he laid the foundations for 'economic man'. Selfish and cynical, 'economic man' has dominated our thinking ever since, the ugly rational heart of modern day capitalism. But every night Adam Smith's mother served him his dinner, not out of self-interest, but out of love.
Even today, the unpaid work of mothering, caring, cleaning and cooking is not part of our economic models. All over the world, there are economists who believe that if women are paid less, then that's because their labour is worth less.
In this engaging, popular look at the mess we're in, Katrine Marçal charts the myth of 'economic man', from its origins at Adam Smith's dinner table to its adaptation by the Chicago School and finally its disastrous role in the 2008 Global Financial Crisis.
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Book Description
Politically engaged but shy of economics? Sharp, funny and thought-provoking, Maral exposes how our economics is failing us all (but particularly women) and how much better things could be
About the Author
Katrine Maral is a correspondent for the Swedish newspaper Dagens Nyheter. On publication in Sweden, Who Cooked Adam Smith's Dinner was shortlisted for The August Prize and won the Lagercrantzen Award. She lives in Hertfordshire.
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Paperback. Condition: new. Paperback. Adam Smith, the founder of modern economics, believed that our actions stem from self-interest and the world turns because of financial gain. But every night Adam Smith's mother served him his dinner, not out of self-interest but out of love.Today, economics focuses on self-interest and excludes our other motivations. It disregards the unpaid work of mothering, caring, cleaning and cooking and its influence has spread from the market to how we shop, think and date. In this engaging takedown of the economics that has failed us, Katrine Marcal journeys from Adam Smith's dinner table to the recent financial crisis and shows us how different, how much better, things could be. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781846275661
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