A journey to the heart, the transformative path I travelled toward spiritual growth, renewal and healing, enabling and empowering me to discover my true purpose in my chosen vocation. This is the gist of my story.
Kamran Mofid
Economics to Take us to the Hub of Humanity by Prioritising Human Needs and Safeguarding the Entire Web of Life
The story is all about a life journey, about learning and teaching economics and more.
It is a story of a continuous academic journey of nearly 50 years trying to make sense of economics, what it was, what it has become, and what it should be, not only in the text books, but also relevant to the real world. In all, in the wise words of E. F. Schumacher ‘Economics as if people mattered.’
An alternative economics to the failing and dying neoliberal house of cards
Telling a different Story- Exploring the intersections of economics, spirituality, moral sentiments, and humanity
Modern Economics is Melting Down
Illustration by Jon Berkerly
What has gone wrong with economics that was once a Subject of beauty, wisdom and elegance?
And how this falling house of cards may once again become good and relevant?
Economics must project a truthful vision of humanity
Economics must empower us to envision what it means to be human
Yes, our humanity will guide us to a better future by cultivating and reclaiming trust, moral sentiments, ethics, simplicity, beauty, wisdom, civility, and spiritual courage
It is my hope that I may be able to show you how we may change economics from bad to good, from the evil of scarcity to the angel of abundance, from darkness of competition to the light of cooperation.
‘The message of humanity to modern-day economists is a call for a fundamental shift in focus: from abstract models of self-interested "homo economicus" and endless GDP growth to a holistic view that prioritises human welfare, social well-being, ethical values, and environmental sustainability.’
Co-creating “The Future We Want” in the Interest of the Common Good
The future is indeed fraught with environmental, socio-economic, political, and security risks that could derail the progress towards the building of “The Future We Want”. However, although these serious challenges are confronting us, we can, if we are serious and sincere enough, overcome them by taking risks in the interest of the common good.
One thing is clear: the main problem we face today is not the absence of technical or economic solutions, but rather the presence of moral and spiritual crises. This requires us to build broad global consensus on a vision that places values such as love, generosity and caring for the common good into socio-political and economic practice, suggesting possibilities for healing and transforming our world. Let us seize it. Carpe Diem!
On our Way to wealth, Health and Happiness with a transformative economics
Economics and Me: How to be Human in an otherwise Economistic World
‘If I ruled the world, I would rewrite the economics textbooks. This may seem a small ambition, unworthy of my sovereign office. But it would actually be a big step toward a better civic life. Today, we often confuse market reasoning for moral reasoning. We fall into thinking that economic efficiency—getting goods to those with the greatest willingness and ability to pay for them—defines the common good. But this is a mistake… The economistic view of the world is corrosive of democratic life. It makes for an impoverished public discourse, and a managerial, technocratic politics…So here is how I would revise the textbooks: I would abandon the claim that economics is a free-standing, value-neutral science, and would reconnect it with its origins in moral and political philosophy. The classical political economists of the 18th and 19th centuries—from Adam Smith to Karl Marx to John Stuart Mill—rightly conceived economics as a subfield of moral and political philosophy. In the 20th century, economics departed from this tradition, defined itself as an autonomous discipline, and aspired to the rigour of the natural sciences…’- Michael Sandel, author of "What Money Can't Buy: The Moral Limits of Markets"
Rethinking Economics for a Better World: Economics as If Values Mattered
Modern-day economists may prefer to be value neutral, but many critics find fault in the relationship between economics and virtue, which has separated economic life from a life that is virtuous and well lived.
Please see the links below and discover how this may be achieved. We can co-create better economics and build a better world.
Pearls of Wisdom: The Transformative Power of a Values-led Economics and Economic Education
Photo credit via Medium
I am an Economist, a Storyteller and Activist with a Dream- Co-Creating a Better Economics
Moral Sentiments to Transform Economics
These are what I have learned from 45 years of teaching economics
Economics and What it Means to Be Human
Make Economics ‘Kind’ and Build a Better World
Make Economics 'People's Economics' and Build a Better World
Make Economics ‘A Thing of Beauty’ and Build a Better World
My Economics and Business Educators’ Oath: My Promise to My Students