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Lonergan's Discovery of the Science of Economics is a 2010 book by Michael Shute, in which the author provides an account of Bernard Lonergan's solution to a fundamental problem in economic theory. [1] [2] [3]
Bernard Joseph Francis Lonergan was born on 17 December 1904 in Buckingham, Quebec, Canada.After four years at Loyola College (Montreal), he entered the Upper Canada (English) province of the Society of Jesus in 1922 and made his profession of vows on the Feast of St Ignatius of Loyola, 31 July 1924. [14]
Lonergan's Discovery of the Science of Economics, University of Toronto Press, 2010; Lonergan's Early Economic Research, University of Toronto Press, 2010; Improving Moral Decision-Making (with William Zanardi). Axial Press, 2003; The Origins of Lonergan's Notion of the Dialectic of History, University Press of America, 1993
Leadership analysis is the art of breaking down a leader into basic psychological components for study and use by academics and practitioners. Good leadership analysis is not reductionist, but rather takes into consideration the overall person in the context of the times, society and culture from which they come.
Functional leadership theory (Hackman & Walton, 1986; McGrath, 1962) is a theory for addressing specific leader behaviors expected to contribute to organizational or unit effectiveness. This theory argues that the leader's main job is to see that whatever is necessary to group needs is taken care of; thus, a leader can be said to have done ...
Moral conversion, according to Lonergan, is one of three different types of conversion along with the intellectual and the religious conversion. [9] From a causal point of view, it is the difference between varying levels of consciousness leading to a higher sense of responsibility for the world.
The term "economic rationalism" is commonly used in criticism of free-market economic policies as amoral or asocial. In this context, it may be summarised as "the view that commercial activity... represents a sphere of activity in which moral considerations, beyond the rule of business probity dictated by enlightened self-interest, have no role to play" (Quiggin 1997).
Although very similar concepts have been previously defended by various people including Major Douglas and the Social Credit Movement, Nobel winning economist Milton Friedman is known to be the one who coined the term 'helicopter money' in the now famous paper "The Optimum Quantity of Money" (1969), where he included the following parable: