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\nRobert and Edward Skidelsky - How Much is Enough? 1/3\n

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\n\nPublisher:\n\nInstitute for New Economic Thinking\n\n\n
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\nIn the first part of this three-part INET \"From the Director's Chair\" interview, INET Executive Director Robert Johnson talks with Robert Skidelsky and his son Edward Skidelsky about their book, How Much is Enough? Money and the Good...\nIn the first part of this three-part INET \"From the Director's Chair\" interview, INET Executive Director Robert Johnson talks with Robert Skidelsky and his son Edward Skidelsky about their book, How Much is Enough? Money and the Good Life.

The Skidelskys suggest that society \"not make a fetish, and certainly not a God, of just increasing GDP.\" They view the traditional economic vision of ever more growth bringing about a kind of \"heaven on earth\" or state of abundance as both unrealistic and harmful, as positional goods mean that there will never be \"enough\" by the traditional definition. In their work, they instead drew upon and compared diverse philosophical and religious traditions to come up with a common set of values and goals for \"the good life.\" While these traditions diverge significantly, the Skidelsky's were able to distill seven basic goods that they tended to hold in common: health, security, personality, friendship, leisure, harmony with nature, and respect -- and they suggest these, not simply growth, should be the goals of economic life.
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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4:55
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nNew Economic Thinking\n\n
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Date
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2012
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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economics, economy, median, work, income, society, america, reduction, pressure, consumption, sustainability, economic growth
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inet, new economic thinking, keynes, skidelsky, economic history, crisis, economic theory, good life, growth, united states, number, advocate, question, working, state, people, deal, consume, times, rich, inequality, tend, works, call, book, drones, order
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