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What is The Invisible Heart : Economics and Family Values about?

In this brilliant new book, MacArthur Award-winning economist Nancy Folbre reveals startling truths about our society and how much importance we actually place on family values. <p>Most economists share Adam Smith's confidence that the "invisible hand" of the market transforms selfish behavior into benefits for all. But Folbre challenges this confidence. In a pioneering reevaluation of the competitive market, she explains why the invisible hand, if it reaches too far, can undermine the "invisible heart" -- the values of love, reciprocity, and obligation on which our families and communities depend.</p> <p>The Invisible Heart addresses an often-neglected yet basic problem in our society: blancing economic pursuits with care for others, particularly children, the elderly, and the infirm. Historically, most societies guaranteed care by maintaining strict limits on women's freedom. But as these limits give way and society is increasingly dominated by the market, we need to develop more democratic and egalitarian rules for sharing care responsibilities.</p> <p>Economically, it should be worthwhile to take responsibility not only for ourselves but for those who depend on us -- including

Author

NANCY FOLBRE

Publisher

New York: New Press

Published

1993

Language

EN

ISBN

9781565846555

Subjects

Economics, Business, Finance