The Price of Civilization: Reawakening American Virtue and Prosperity

Economics and Ethics After the Fall

Publisher: Vintage Canada

For more than three decades, Jeffrey D. Sachs has been at the forefront of international economic problem solving. But the bestselling author of The End of Poverty and Common Wealth turns his attention to his own home, the United States, in The Price of Civilization, a book that is essential reading for everyone concerned with the global economy. In a forceful, impassioned and personal voice, Sachs offers not only a searing and incisive diagnosis of his country's economic ills but also an urgent call to restore the virtues of fairness, honesty and foresight as the foundations of national wealth.
     The Price of Civilization is a masterly road map for prosperity, rooted in a rigorous understanding of the twenty-first century world economy and the importance of crucial human values.


A Crisis of Values
At the root of America’s economic crisis lies a moral crisis: the decline of civic virtue among America’s political and economic elite. A society of markets, laws, and elections is not enough if the rich and powerful fail to behave with respect, honesty, and compassion...
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"The sheer sweep of Sachs's analysis...flouts the boundaries of economics to encompass politics, psychology and moral philosophy." Financial Times
"A book of extraordinary passion, and even anger, combined with hard-headed analysis that his critics will find hard to refute.... Thoroughly readable and accessible." Times Higher Education
"Jeffrey Sachs is that rare phenomenon: an academic economist famous for his theories about why some countries are poor and others rich, and also famous for his successful practical work in helping poor countries become richer." Jared Diamond, Pulitzer Prize-winning author of Guns, Germs and Steel and Collapse
"The occupiers of Wall Street are full of passion but searching for an agenda. Sachs' The Price of Civilization would serve nicely." The Economist