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The Intellectual Origins of the Global Financial Crisis$
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Roger Berkowitz and Taun N. Toay

Print publication date: 2012

Print ISBN-13: 9780823249602

Published to Fordham Scholarship Online: January 2013

DOI: 10.5422/fordham/9780823249602.001.0001

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An Economic Epilogue

An Economic Epilogue

(p.199) Nineteen An Economic Epilogue
The Intellectual Origins of the Global Financial Crisis

Taun N. Toay

Fordham University Press

The concluding chapter of the volume ties together many of the economic themes from the conference, including the parallels between Minsky and Arendt. The chapter builds on the selective reading of Adam Smith and highlights that economics may have evolved into an amoral discipline but was founded with values inextricably linked to value. Toay ends with a call for economics reclaiming the human element that makes it a social science.

Keywords:   Hannah Arendt, American Capitalism, Hyman Minsky, John Maynard Keynes, Keynesian Economics, Wealth of Nations, Adam Smith, Theory of Moral Sentiments, Dmitri Papadimitriou

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