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Are we making progress toward a civilized society?

Paul Davidson

Journal of Post Keynesian Economics, 2007, vol. 29, issue 3, 521-528

Abstract: This paper explains, in terms of Galbraith's "conventional wisdom" and "innocent fraud" of mainstream economics, why the U.S. economy has experienced significant backsliding from the degree of progress our economic policies and institutions made toward producing a civilized economic society. It then sets out policy proposals for making progress toward a twenty-first-century "good society."

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:mes:postke:v:29:y:2007:i:3:p:521-528

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DOI: 10.2753/PKE0160-3477290308

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