Meadowlark Economics Collected Essays

This is an unusual and valuable book in many respects. Its author, of course, is an economist - but not one devoted to the prevailing theology of his profession. Economists mostly work with the dedication of beavers or bees toward the great goals of More. Growth, expansion, and acceleration are the sacred words of their creed. And they have been enormously successful; their faith has spread around the world, crowding out all other creeds. And yet there is always something rather, well, dismal about the field. This comes, I think, from its disciples' firm determination to wall off certain questions. For instance, "What makes for happiness?" Or "How do I figure out what I want from life?" They can answer these only by pointing to our consumer behavior. We must want what we buy. But they must sense the tautological absurdity of that line of argument. Now comes James Eggert, one of a small school of economists who has begun to think outside the box. And it is curious that he soon delves deeply into a concept long used by his tribe: value.