“The scope of Mueller’s intellectual ambition in this book is truly astonishing, as is the scope of the research involved. . . . People should invest the time needed to read, absorb, and promote this important book.”
— Jennifer Roback Morse, Ph.D.
“Groundbreaking.”
—The Washington Examiner
“Mueller points out, the family is the fundamental productive unit. It produces a nation’s most valuable resource: human beings, hopefully socialized ones. . . . There is much hype about the conflict between economic and social conservatives. But if Mueller is right, the two visions are basically complementary. . . . His writing does suggest some of the weaknesses of modern conservatism. . . . Conservatives may need to outgrow Adam Smith and develop a newer, deeper understanding of economics, the family and justice.”
—Daily Herald (Utah)
“Mueller opens discussion on essential topics for people of all faiths, political orientations , and worldviews and does so in ways that probe the limits of rational choice and foster interdisciplinary conversation.”
—Choice
Economics is primed for a revolution, says respected economic forecaster John D. Mueller. To make this leap forward will require looking backward, for as Redeeming Economicsreveals, the most important element of economic theory has been ignored for more than two centuries.
Since the great Adam Smith tore down this pillar of economic thought, economic theory has had no way to account for a fundamental aspect of human experience: the social relationships that define us, the loves (and hates) that motivate and distinguish us as persons. In trying to reduce human behavior to mere exchanges, modern economists have lost sight of how these essential motivations are expressed: as gifts (or their opposite, crimes). Mueller makes economics whole again, masterfully reapplying economic thought as articulated by Aristotle, Augustine, and Aquinas.
Contrarian and compelling, Redeeming Economicscovers everything from unemployment, to inflation, to the economics of parenthood, to the greatest geopolitical challenge facing the United States, to flaws in the mega-bestseller Freakonomics, to the author’s illuminating exchange with the controversial philosopher Peter Singer.
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John D. Mueller is director of the Economics and Ethics Program at the Ethics and Public Policy Center, and president of LBMC LLC, a firm specializing in economic and financial-market forecasting and economic policy analysis. Mueller’s articles have appeared in the Wall Street Journal, the Weekly Standard, the Washington Post, and the Harvard Business Review. He and his wife live in Washington, D.C.
“The scope of Mueller’s intellectual ambition in this book is truly astonishing, as is the scope of the research involved. . . . People should invest the time needed to read, absorb, and promote this important book.” —Jennifer Roback Morse, PhD, in The Family in America: A Journal of Public Policy
“Both Washington and Wall Street sorely need Redeeming Economics.” —Larry Kudlow
“Bold, interesting, and thought-provoking—a book that could fundamentally reground the discipline of economics and reorient the study of political economy.” —William Kristol, the Weekly Standard
“Mueller opens discussion on essential topics for people of all faiths, political orientations, and worldviews and does so in ways that probe the limits of rational choice and foster interdisciplinary conversation.” —Choice
“Mueller is that rarest of thinkers and writers: one who can make the ‘dismal science’ thoroughly engaging at a very human level—a man who knows his economics but never loses sight of people amidst a forest of data.” —George Weigel, Distinguished Senior Fellow at the Ethics and Public Policy Center
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