Seven Deadly Economic Sins

James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics at the University of Notre Dame. He is the author of Adam Smith's Marketplace of Life (2002), Actual Ethics (2006), The End of Socialism (2014), and Honorable Business (2019).

• Introduction; 1. Wealth Is Positive-Sum; 2. Good Is Not Good Enough; 3. There Is No Great Mind; 4. Progress Is Not Inevitable; 5. Economics and/or Morality; 6. Equality of What?; 7. Markets Are Not Perfect; Conclusion. The World and I.

'Otteson, a philosopher, has written for non-economists the best short introduction to economics, and to a wider political economy. It is lucid, generous, open-handed yet thorough, and solidly based scientifically. Come to think of it, most economists should read it, too. They might stop using 'philosophical' as a term of contempt, and get back to an Adam-Smithian depth of understanding.' Deirdre McCloskey, University of Illinois, Chicago