Fair Economics

Modern economics bases its world view on assumptions Adam Smith made about nature and people nearly three hundred years ago, when people travelled by horse and carriage and wrote by the light of candles. We now live in a globally-connected world of digital communication and advanced technology - and [...]
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Modern economics bases its world view on assumptions Adam Smith made about nature and people nearly three hundred years ago, when people travelled by horse and carriage and wrote by the light of candles. We now live in a globally-connected world of digital communication and advanced technology - and yet, our economic model remains unchanged, stuck in the past. Taking a thorough look at economics and the origins of our current way of thinking, Irene Schoene puts forward a modern economics that is not only relevant to our world of technology and industry, but which also shows an awareness of how it ties in to environmental considerations.