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Shvoong Home>Business & Economy>It>The Moral Consequences of Economic Growth Summary

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The Moral Consequences of Economic Growth

Book Abstract by: getAbstract    

Original Author: Benjamin M. Friedman
Although author Benjamin M. Friedman teaches economics at Harvard, this book is not mainly about economics; it is mainly
about morality. Friedman goes beyond traditional academic boundaries to propose that the moral tone of various Western democratic societies is connected to their economic growth. This impressive effort may introduce you to potential connections you might otherwise have ignored. However, Friedman offers both sides of the picture. Although economic growth correlates with social progress and stronger democracy, the correlation is not exact. There are some interesting counterexamples. Moreover, the question of how to define social moral progress is very much open. The author, for example, equates racial preferences in college admissions with moral progress, though that is a controversial issue. getAbstract.com finds that this good, thought-provoking book offers a great deal of valuable insight into a seldom-considered aspect of economic growth.
Published: April 20, 2009
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