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Tomáš Sedláček: Business Edge Briefings

October 20, 2011: Does Economics Trump Ethics? Does it pay to be good? 

 

Tomáš Sedláček has shaken the study of economics. His provocative writing in his new book, The Economics of Good and Evil, has achieved bestseller status by arguing a simple, almost heretical proposition: Economics is ultimately about good and evil. Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedláček 's groundbreaking work promises to change the way we calculate economic value.

Sedláček is the lead economist of the Czech Republic’s largest bank and Advisor to President Hvel of the Czech Republic in the early 1990s. The Yale Economic Review considers him one of the "5 hot minds in economics" today. Published by the prestigious Oxford University Press, The Economics of Good and Evil aims to shed light on some of the most basic mechanisms of the world of economy.


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