Human-centred economics: the living standards of nations
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Organización Internacional del Trabajo (OIT)
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| Format: | Libro |
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International Labour Organization
2024
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| _version_ | 1874524982624649220 |
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| author | Richard Samans (Author) |
| author_facet | Richard Samans (Author) Richard Samans (Author) |
| contents | Human-centred economics: the living standards of nations Richard Samans (Author) This book advocates for structural reform in macroeconomics, emphasizing the need to address inequality and disruptions from artificial intelligence, climate change, and other challenges. It critiques the assumption in liberal economics, traced back to Adam Smith, John Stuart Mill, and Alfred Marshall, that markets and capital accumulation alone can improve societal well-being. The book stresses the importance of policies and institutions in various domains, arguing that a strong social contract is as crucial as markets for achieving widespread and lasting progress in living standards.It presents comparative data showing that most countries have significant room to improve their social welfare gap—the disparity in household living standards compared to leading outcomes—and that addressing these gaps can also boost economic growth. The book proposes major reforms to the international architecture, including tripling external finance for developing countries' climate and sustainable development needs, to support nations and the biosphere in this endeavour. Palgrave Macmillan 10.1007/978-3-031-37435-7 DOI https://doi.org/10.1007/978-3-031-37435-7; ISBN 9783031374340,9783031374357 publication.book |
| format | Libro |
| id | ilo_995343391502676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2024 |
| publisher | International Labour Organization |
| spellingShingle | Human-centred economics: the living standards of nations Richard Samans (Author) Human-centred economics: the living standards of nations Richard Samans (Author) This book advocates for structural reform in macroeconomics, emphasizing the need to address inequality and disruptions from artificial intelligence, climate change, and other challenges. It critiques the assumption in liberal economics, traced back to Adam Smith, John Stuart Mill, and Alfred Marshall, that markets and capital accumulation alone can improve societal well-being. The book stresses the importance of policies and institutions in various domains, arguing that a strong social contract is as crucial as markets for achieving widespread and lasting progress in living standards.It presents comparative data showing that most countries have significant room to improve their social welfare gap—the disparity in household living standards compared to leading outcomes—and that addressing these gaps can also boost economic growth. The book proposes major reforms to the international architecture, including tripling external finance for developing countries' climate and sustainable development needs, to support nations and the biosphere in this endeavour. Palgrave Macmillan 10.1007/978-3-031-37435-7 DOI https://doi.org/10.1007/978-3-031-37435-7; ISBN 9783031374340,9783031374357 publication.book |
| title | Human-centred economics: the living standards of nations |
| url | https://researchrepository.ilo.org/esploro/outputs/book/Human-centred-economics-the-living-standards-of/995343391502676 |