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The Science of Economics: The Economic Teaching of Leon MacLaren

The Science of Economics: The Economic Teaching of Leon MacLaren (Paperback)

£14.95
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Synopsis

Leon MacLaren (1910-1994) was a barrister, politician, philosopher and the founder of the School of Economic Science. He considered the true goal of Economics to be the discovery of the conditions which allow every individual to find a fulfilling life. In his view, science was a study of laws that exist in nature, whilst Economics was a study of the humanities, with the interaction of human nature and the natural universe at its heart. MacLaren defined Economics as 'the study of the natural laws which govern the relationships between men in society'. This book is based on a three-year course prepared by for the School of Economic Science in London in the late 1960s. The editor, Raymond Makewell, presents both original subject matter and has introduced more recent examples and statistics from Canada, USA, UK, Australia and New Zealand. Instead of making supply and demand the starting point, it begins with the simple observation that all material wealth is ultimately derived from land, and, where goods are exchanged the first requirement is trust, or a system of credit.

From this starting point the major characteristics of the modern economy such as banking, companies or corporations, international trade, taxation and trade cycles are examined in terms of the conditions that govern how and why they evolved and how they operate today. The framework in which the economy operates is examined in terms of how the system of land tenure and the concepts of property evolved in the English-speaking world, the role of government in economic affairs, and the degree of economic freedom. This reveals how the current economic situation denies people access to all that they need to work and produce wealth for themselves. Injustice is the inevitable result and poverty its inseparable companion. Outline Contents: Introduction and 20 chapters in four section: First Principles, The Capitalist System, An Ethical Perspective, The Nature of Society; Afterword, Glossary of Terms, Select Bibliography, Index. Promotion: Reviews will be solicited in: The Economist, Financial Times, The Guardian, and elsewhere.

BusinessEconomicsBehavioural economicsBusinessEconomicsEconomic systems & structuresBusinessEconomicsEconomic theory & philosophyBusinessEconomicsHealth economicsBusinessEconomicsPolitical economyBusinessEconomicsWelfare economics Publisher: Shepheard-Walwyn (Publishers) Ltd Publication Date: 08/03/2013 ISBN-13: 9780856832918  Details: Type: Paperback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

Raymond Makewell has worked in Australia, Europe, the United States and the Middle East. He held senior roles in the design of new technologies for banks by multinational companies. Makewell has run public courses based on the economic teaching of Leon MacLaren for many years. Taking an economics degree, he found that what was taught about how people and business behaved was completely unlike his observations of 40 years of business experience. Economics was being considered devoid of history, politics and ethics. There was very little available that presented a comprehensive, cogent, alternative view. This book has been written to address that gap.

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