How Much Is Enough?

How Much Is Enough? : Money and the Good Life

3.56 (1,022 ratings by Goodreads)

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A provocative and timely call for a moral approach to economics, drawing on philosophers, political theorists, writers, and economists from Aristotle to Marx to Keynes What constitutes the good life? What is the true value of money? Why do we work such long hours merely to acquire greater wealth? These are some of the questions that many asked themselves when the financial system crashed in 2008. This book tackles such questions head-on. The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people's basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours. The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it. How Much Is Enough? is a work of deep intelligence and ethical commitment accessible to all more

Product details

  • Paperback | 251 pages
  • 140 x 208 x 22mm | 300g
  • Other Press (NY)
  • United States
  • English
  • Reprint
  • black & white illustrations, black & white tables, graphs
  • 1590516346
  • 9781590516348
  • 241,094

Review quote

"The Skidelskys ask a pivotal question: Is there no end to our constant quest for more and more wealth? As the world economy stutters and we look for ways to restart the engine, their arguments pull us up short. Are we not prosperous enough already and missing a far richer life without the perpetual quest for needless economic growth?" --Nicholas Wapshott, author of "Keynes Hayek: The Clash That Defined Modern Economics". "What perfect timing! "How Much is Enough?" is what every graying Baby Boomer I know is asking right now. The Skidelskys argue that time is not ONLY money, as many driven New Yorkers seem to think, and urge workaholic Americans to devote more of it to pursuing the good life. Sounds like wise advice to me. As my desk mate at the "New York Times" in the 1990s used to remind me at least once a day: All you really HAVE is your TIME ." --Sylvia Nasar, author of "Grand Pursuit: The Story of Economic Genius" "The authors turn to historical fiction, philosophy, and political theory, drawing on Faust, Marx's critique of capitalism, and Aristotle's uses of wealth. Their conclusion that concepts like respect, friendship, and community are more likely to contribute to satisfaction and overall happiness than wealth makes for a fascinating, if cerebral, read." -"Publishers Weekly" "Intriguingly, [the Skidelskys'] intellectual guiding star is not Marx or even Keynes but Aristotle: we are repeatedly brought back to Aristotle's bafflement at the idea that money itself could be regarded as a sort of agent or a sort of life-form, let alone a self-explanatory goal for human activity." -"Prospect "(UK)show more

About Professor of Political Economy Robert Skidelsky

Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His biography of the economist John Maynard Keynes received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. Edward Skidelsky is a lecturer at Exeter University, specializing in aesthetics and moral philosophy. He contributes regularly to the New Statesman, Telegraph, and Prospect on philosophy, religion, and intellectual more

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1,022 ratings
3.56 out of 5 stars
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4 39% (403)
3 34% (350)
2 9% (93)
1 2% (20)
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