Publisher's Synopsis
The book ""The Present Condition of Economic Science: And The Demand For A Radical Change In Its Methods And Aims"" by Edward Clark Lunt was published in 1888. The book is a critique of the state of economic science at the time and calls for a radical change in its methods and aims.Lunt argues that the current economic science is flawed and fails to address the real problems faced by society. He criticizes the focus on abstract theories and mathematical models, which he believes are disconnected from the real world. Instead, he advocates for a more practical and empirical approach that takes into account the social and political context in which economic activity takes place.The book also highlights the need for a more ethical and moral approach to economics. Lunt argues that economic activity should be guided by principles of justice and fairness, rather than simply maximizing profits. He calls for a greater emphasis on social responsibility and the well-being of all members of society.Overall, ""The Present Condition of Economic Science"" is a thought-provoking critique of the state of economics in the late 19th century. It challenges the prevailing orthodoxy and calls for a more humanistic and socially responsible approach to economic activity.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.