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Gary D Lynne

Metaeconomics

 

Toward Balance in: 

I&We

Me&We

Ich&Du

Ego&Empathy 

Self&Other-Interest

Person&Community

Private&Public-Property

Private&Public-Goods

Right&Left-Politics

Market&Government 

 

... leading to a Humane Liberalism based good capitalism:  Save Capitalism by Making It Good

... leading to a Humanomics as practiced by Adam Smith, with the added analytical power from using modern Dual Interest Theory

Emeritus Professor
Department of Agricultural Economics
University of Nebraska-Lincoln
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Go to the Blog: Beyond Greed 

 

Join the conversation about building a  Good  (Humane Liberalism Based) Capitalism!

Metaeconomics (Lynne, 2020) brings ethics back into view in economics, while building on Behavioral Economic Science, as in science&ethics, STEM&Humanities. 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)."  Empathy is also the key feature of making for a good Innovism (a term associated with Humanomics, as in McCloskey and Carden 2020), which also rests on a foundation of science&ethics. Metaeconomics is a Humanomics with a theory: Dual Interest Theory works.

 

References

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 

McCloskey, D.N. and Carden, A.  Leave Me Alone and I'll Make You Rich. Chicago: The University of Chicago Press, 2020.M

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

See Endorsements at https://tinyurl.com/yse8bw63

Twitter:  Gary D  Lynne @metaeconomics    #metaeconomics  https://twitter.com/metaeconomics

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