
A Humane Economy
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"If any person in our contemporary world is entitled to a hearing it is Wilhelm Röpke." - New York Times
A Humane Economyoffers one of the most accessible and compelling explanations of how economies operate ever written. The masterwork of the great twentieth-century economist Wilhelm Röpke, this book presents a sweeping, brilliant exposition of market mechanics and moral philosophy.
Röpke cuts through the jargon and statistics that make most economic writing so obscure and confusing. Over and over, the great Swiss economist stresses one simple point: you cannot separate economic principles from human behavior.
Röpke's observations are as relevant today as when they were first set forth a half century ago. He clearly demonstrates how those societies that have embraced free-market principles have achieved phenomenal economic success-and how those that cling to theories of economic centralization endure stagnation and persistent poverty.
A Humane Economyshows how economic processes and government policies influence our behavior and choices-to the betterment or detriment of life in those vital and highly fragile human structures we call communities.
"It is the precept of ethical and humane behavior, no less than of political wisdom," Röpke reminds us, "to adapt economic policy to man, not man to economic policy."
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Content
- Intro
- Chapter I-REAPPRAISAL AFTER FIFTEEN YEARS
- Personal
- Old and New Vistas
- Market Economy and Collectivism
- Chapter II-MODERN MASS SOCIETY
- Mass and World Population
- Mass-Acute and Chronic
- Mass Culture
- Mass and Society
- Boredom and Mass Society
- Chapter III-THE CONDITIONS AND LIMITS OF THE MARKET
- Social Rationalism
- The Spiritual and Moral Setting
- Nobilitas naturalis
- The Asymmetry of the Market Economy
- The Political Framework of the Market Economy
- Chapter IV-WELFARE STATE AND CHRONIC INFLATION
- Limits and Dangers of the Welfare State
- The Problem of Social Security in a Free Society
- The Welfare State on the International Plane
- The Theoretical Background of Chronic Inflation
- The Nature of Chronic Inflation
- Wage Inflation
- Conclusions and Prospects
- Chapter V-CENTRISM AND DECENTRISM
- The Dividing Lines in Social Philosophy and Economic Policy
- The Web of Human Relations
- International Centrism
- Reckoning Without Man
- NOTES
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