Overview

This book presents the Metaeconomics Framework and Dual Interest Theory, which weave the empathy-based moral and ethical dimension back into key economic questions. Metaeconomics addresses the problem of placing too much emphasis on the market or the government, and thus argues that seeing the link between ego and empathy, self- and other-interest, and market and government will lead to a more just, fair, and sustainable polity. The unique Dual Interest Theory proposes that ego-based self-interest and empathy-based other-interest are joint and internal to each person: it maintains the original proposition from Adam Smith that each person maximizes their own-interest, which Metaeconomics makes clear involves balancing the two joint interests, although self-interest is more primal. The book begins with an explanation of how Metaeconomics connects the other kinds of economics. The book then provides a series of applications of Metaeconomics in heated policy issues, such as elections, finance, family, food, health, natural resources, education, taxes, and extreme inequality, among others. Finally, the book concludes that the only way to save capitalism is to bring empathy into both private and public actions and bring about a more humane balance in market and government.

Full Product Details

Author:   Gary D. Lynne
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2020
Weight:   0.452kg
ISBN:  

9783030506032

ISBN 10:   3030506037
Pages:   315
Publication Date:   14 November 2021
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
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Table of Contents

1. Introduction2. Landscape of the Metaeconomics Framework and Dual Interest Theory3. Drifting Isles and Re-Integration on the Metaeconomics Continent4. Formal Metaeconomics: Recycling Choices5. Metaeconomics as Behavioral Economics and the Focus on Happiness6. Elections Policy: Voting Is Not Only About Self-Interest7. Financial Policy: Tempering Greed8. Food Policy: Stability, Sustainability, and Safety9. Health Policy: Universal Pre-Existing Conditions10. Family Policy: Failed Liberalism and Lost Sensibilities11. Education Policy: Need for Science and Ethics12. Natural Resource Policy: Avoiding the Tragedy of the Commons13. Tax Policy: Pay the Price14. Income and Wealth Policy: Toward Optimal Inequality15. Saving Capitalism: Bring Empathy into Mind and Action16. Conclusions

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Author Information

Gary D. Lynne is Professor Emeritus at the University of Nebraska-Lincoln, USA. Lynne earned BS and MS degrees from North Dakota State University and a PhD from Oregon State University, all in Agricultural Economics. He specialized in Natural Resource Economics. He worked mainly in research, holding positions at the University of Florida and the University of Nebraska-Lincoln. Lynne has published over 180 journal papers, book chapters, reviews, reports, and articles—all connected into the related science that gave form and substance to the empirical foundation for Metaeconomics. It also led to coining the notion of Empathy Conservation. For further information about the research program and the author, see the website https://www.metaeconomics.info.

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