The Invisible Heart: An Economic Romance

Front Cover
MIT Press, Feb 22, 2002 - Business & Economics - 282 pages
A lively, unorthodox look at economics, business, and public policy told in the form of a novel.

A love story that embraces the business and economic issues of the day?

The Invisible Heart takes a provocative look at business, economics, and regulation through the eyes of Sam Gordon and Laura Silver, teachers at the exclusive Edwards School in Washington, D.C. Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall Street Journal. Where Sam sees victors, she sees victims. She wants the government to protect consumers and workers from the excesses of Sam's beloved marketplace.

While Sam and Laura argue about how to make the world a better place, a parallel story unfolds across town. Erica Baldwin, the crusading head of a government watchdog agency, tries to bring Charles Krauss, a ruthless CEO, to justice. How are these two dramas connected? Why is Sam under threat of dismissal? Will Erica Baldwin find the evidence she needs? Can Laura love a man with an Adam Smith poster on his wall? The answers in The Invisible Heart give the reader a richer appreciation for how business and the marketplace transform our lives.

From inside the book

Contents

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32
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XIV
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Copyright

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Page 94 - Death closes all: but something ere the end, Some work of noble note, may yet be done, Not unbecoming men that strove with Gods. [The lights begin to twinkle from the rocks: The long day wanes: the slow moon climbs: the deep Moans round with many voices. Come, my friends, 'Tis not too late to seek a newer world.
Page 1 - By preferring the support of domestic to that of foreign industry, he intends only his own security ; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Page 95 - We are not now that strength which in old days Moved earth and heaven ; that which we are, we are ; One equal temper of heroic hearts, Made weak by time and fate, but strong in will To strive, to seek, to find, and not to yield.
Page 95 - Tis not too late to seek a newer world. Push off, and, sitting well in order, smite The sounding furrows; for my purpose holds To sail beyond the sunset, and the baths Of all the western stars, until I die. It may be that the gulfs will wash us down: It may be we shall touch the Happy Isles, And see the great Achilles, whom we knew. Tho' much is taken, much abides; and tho...
Page 264 - We try to remember that medicine is for the patient. We try never to forget that medicine is for the people. It is not for the profits. The profits follow, and if we have remembered that, they have never failed to appear. The better we have remembered that, the larger they have been.
Page 264 - that it's done by everybody minding their own business." "Ah well," replied the Duchess, "it means much the same thing." Not perhaps quite so nearly the same thing as Alice's contemporaries thought. But if we economists mind our own business, and do that business well, we can, I believe, contribute mightily to the economizing, that is, to the full but thrifty utilization, of that scarce resource, Love — which we know, just as well as anybody else, to be the most precious thing in the world.
Page 264 - and the moral of it is — 'Oh, 'tis love, 'tis love, that makes the world go round ! ' " "Somebody said," whispered Alice, "that it's done by everybody minding their own business!" "Ah, well! It means much the same thing...

About the author (2002)

Russell Roberts is Professor of Economics and the J. Fish and Lillian F. Smith Distinguished Scholar at the Mercatus Center at George Mason University. He is the author of The Choice: A Fable of Free Trade and Protectionism and is a frequent commentator on National Public Radio.

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