Sir Thomas More's Utopia: An overlooked economic classic
Esa Mangeloja and
Tomi Ovaska ()
Economic Affairs, 2019, vol. 39, issue 1, 65-80
Sir Thomas More's Utopia, published in 1516, is a classic work of how to organise a society based on common property. With a unique mix of common property, institutions and sound economic insights, we argue that More built a framework for a society that could be viable in the long run. While the conditions that make Utopia work are quite restrictive, it does provide a sketch of a society where common property may not stifle long‐term development, but is associated with productive workers and people content with their lives.
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