Introduction to African Humanomics: Economics and the Human Good bridges the gap between how economic orthodoxy is applied and the consideration given to homo economicus (the economic human being) in the process of development. David and Mnyandu undertake a deductive approach in their survey of theoretical and philosophical strands that have dominated how development has been promulgated - their basic assumptions and implications, making the book a comprehensive primer for scholars as well as practitioners of public policy and development. If Africa is the ‘last frontier’ for the achievement of significant developmental progress, David and Mnyandu investigate the way human motivations and aspirations are integral in the process of rational economic decision-making and policy-setting. A case is made for developmentalists to consider the human good as an essential element - not just a compliment - in the pursuit of developmental outcomes.
CHAPTER 1 Economics Meets Humanity
PART ONE UNIVERSE OF DISCOURSE, PHILOSOPHY, AND METHODS
CHAPTER 2 Visions, Discourses, and World Views
CHAPTER 3 Philosophical Moorings
CHAPTER 4 Embracing Parallel Refractory Discourses
PART TWO VISIONS, VERSIONS, AND PARADIGMS IN ECONOMICS
CHAPTER 5 The Orthodox Consensus of Monoeconomics
CHAPTER 6 The Legacy of Keynesian Duoeconomics
CHAPTER 7 Perspective of Institutional Economics
CHAPTER 8 Welfare Economics and Human Well-Being
CHAPTER 9 The Unsettled Development Discourse
PART THREE ALTERNATIVE TOWARD A HUMANISTIC RENAISSANCE
CHAPTER 10 Human-Centered Goals and Comprehensive Social Commitments
Bibliography 135
Wilfred L.
David
Wilfred David, Ph.D. is a macro economist and a Graduate Professor of Economics and African Studies at Howard University. He is the author of numerous books including The Humanitarian Development Paradigm: Search for Global Justice. He holds a D.Phil in Economics from the University of Oxford.
Phiwokuhle
Mnyandu
Phiwokuhle Mnyandu, Ph.D. is a political economist and holds joint faculty positions in the departments of African Studies as well as World Languages and Culture at Howard University. He is the author of South Africa-China Relations: Between Aspiration and Reality in a New Global Order. He holds an M.A. fro Warwick and Ph.D. from Howard University.