Capitalism with a Human FaceSir Samuel Brittan, the doyen of British economic journalists, explores the connections between economics, ethics, and politics while assessing the merits and defects of capitalism in this post-socialist era. |
Contents
1 | 25 |
Effects of specific rules | 36 |
5 | 38 |
Social responsibility of business | 45 |
Two cheers for selfinterest | 51 |
Choice and utility | 63 |
Welfare choice and freedom | 70 |
A weighting system | 78 |
12 | 152 |
14 | 158 |
The role of the exchange rate | 166 |
The Thatcher governments economic legacy | 183 |
18 | 189 |
19 | 206 |
A perspective on unemployment | 211 |
yes Equality no | 235 |
There is no such thing as society | 85 |
Can democracy manage an economy? | 105 |
6 | 113 |
7 | 127 |
11 | 144 |
Countries do not have deficits | 145 |
Basic Income and the welfare state | 242 |
Historical antecedents | 247 |
Some presumptions of economic liberalism | 265 |
| 283 | |
| 286 | |
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Common terms and phrases
argument balance of payments Basic Income behaviour believe benefits Britain British Brittan capital cent changes Chapter choice competitive costs countries currency current balance deficit demand management devaluation doctrine domestic earnings Economic Liberalism economists effects European exchange rate exports fiscal freedom full employment growth Hayek higher HM Treasury human idea important increase individual industrial inflation inflationary interest rates investment Keynes Keynesian labour market Lawson less London marginal maxims Milton Friedman minimum monetarism monetarists monetary policy money supply moral NAIRU Nigel Lawson North Sea oil objective OECD overseas Oxford period political post-war pressure pricing-out-of-work principle prisoner's dilemma problem productivity reason recession redistribution reduce rise rules sector self-interest social security society spending stability sterling suggested target Thatcher government theory trade unem unemployed unemployment union utilitarianism utility wages welfare workers