ABSTRACT
Isaiah Berlin, in his essay on the hedgehog and the fox, depicted the chasm between thinkers who relate everything to a single system, a single organizing principle, and those who see the world as too various to be caught by any single universal absolute. Michael M. Weinstein described it this way: Scholars have been expressing their dismay for a generation at the state of economics. There is a growing consensus that for the third millennium we need to go beyond the ruling theories of the last century. Rather than accepting the imperialistic claim that economics can explain all human behavior, economists should rather realize that other disciplines can help in explaining economic behavior. He believed that the body had to be in equilbrium and taught that all diseases are, in the final analysis, the same, fever caused by overstimulation of the blood vessels. The economist-fox requirements were clearly put by Keynes: The objective in this book is to help to provide the same kind of revelation in understanding an economy that an artist possesses in the visual arts. We then go on to an analysis and review the pertinent theories useful for the different sectors of the real economy:, The Corporation; 4, Corporate Governance; 5, Services; 6, Public Sector; 7, Civil Society; 8, Professions; 9, Social Capital; 10, National Cultures; and 11, The Tropics. A central theme of the book winds through these analyses: The essence of the economy is not logic; it is life.
