Discussion Questions - History And Theory Of Economic Growth
Rephrase in your own words the argument in the text that excessive energy use is addictive in consumer society.
- Explain the effect Adam Smith attributed to his so-called “Invisible Hand.” Then discuss briefly the relevance of the Invisible Hand to present-day capitalism.
- Although Adam Smith is known primarily as an economist and J. S. Mill primarily as a philosopher, both made significant contributions to economics and to moral philosophy alike. Discuss your own perception of the relationship between economics and moral philosophy that might help account for this.
- Briefly describe the way in which recent economic growth theory has become mathematical. Do you view this as a strength of such theory, or a weakness? Explain your view.
- Do you think one could be a mainstream economist and still deny that continual growth is essential for economic health? Why or why not?
Citation: Sayre, K. (2009, February 18). Chapter 10. Retrieved July 24, 2014, from Notre Dame OpenCourseWare Web site: http://ocw.nd.edu/philosophy/environmental-philosophy/discussion-questions/chapter-10.
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