Gary D Lynne
Toward Balance in:
... leading to a humane liberalism based good capitalism: Save Capitalism by Making It Good
Department of Agricultural Economics
University of Nebraska-Lincoln
Join the conversation about building a Good (Humane Liberalism Based) Capitalism!
Metaeconomics (Lynne, 2020) brings ethics back into view in economics. It builds on the science of Behavioral Economics. And, with empathy the starting point for ethics, it is especially suited for building an Ego&Empathy Economy as part of an Empathic Civilization (Rifkin, 2009), and a Good Capitalism. Adam Smith (1759/1790) saw Sentiments (Empathy) as the key, which Metaeconomics clarifies is the key to "saving capitalism by making it good (Commons)."
Commons, John R., Institutional Economist, cited in Whalen, C.J. Saving Capitalism by Making it Good: The Monetary Economics of John R. Commons. Journal of Economic Issues 27,4 (1993): 1155-1179
Rifkin, J. The Empathic Civilization: The Race to Global Consciousness in a World in Crisis. New York: Jeremy P. Tarcher, 2009.
Smith, Adam. The Theory of Moral Sentiments. Edited by D.D. and A.L. Macfie Raphael. Indianapolis, Indiana: Liberty Fund, Inc., 1759/1790.
Book: Lynne, G. D. Metaeconomics: Tempering Excessive Greed. Palgrave Advances in Behavioral Economics (John Tomer, Ed.). New York: Palgrave Macmillan, 2020 https://tinyurl.com/yxagxtuf
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