Český finanční a účetní časopis 2010(2):94-99 | DOI: 10.18267/j.cfuc.70

Homo Sapiens in the Captivity of Economics or about Watching of the (Right) Utility

Dana Kovanicová
Prof. Ing. Dana Kovanicová, CSc. - profesorka; Katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <kovanicd@vse.cz>.

Review informs on the book and its individual chapters commented by wider notes. States, that the central idea of the entire work is finding answers to the question, what is the relationship between the economies and good for an individual and between economics and welfare good. It appreciates the author´s effort to gain plenty of interesting ideas from the heritage of ancient civilizations. Reviewer suspends why the mature Egypt was not included into the area's ancient economy and justifies Epicurus, wrongly considered as an amoral man. Points to the Plato´s later work Laws, in which Plato (as opposed to the Constitution) had developed the concept of society organizing more practicably. Reviewer agrees with the author that, despite repeated claims, Adam Smith is not the true father of the invisible hand (of the market) and demonstrates that a social feeling was not strange to Smith.

Keywords: Economics; Mathematics; Ethics; Welfare Good; Utilitarianism.
JEL classification: A12, N01

Published: June 1, 2010  Show citation

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Kovanicová, D. (2010). Homo Sapiens in the Captivity of Economics or about Watching of the (Right) Utility. Czech Financial and Accounting Journal, 2010(2), 94-99. doi: 10.18267/j.cfuc.70
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