'In other words, what Sedlacek is advocating, even though he doesn't use this phrase, is slow economics. Just as the slow food movement critiques fast food, industrialized agriculture, and alienation from the time-consuming and pleasurable processes of food production and consumption, Economics of Good and Evil critiques fast economics and advocates a more measured, thoughtful, conscientious, and pleasurable economy..'<blockquote>'For Sedlacek, the way forward it "Sabbath economics," which means economists and consumers alike need to follow the rule: "do not always optimize" (245). In other words, "we should change the way we drive from MaxSpeed to MinDebt, and slow down to Economy drive" (248). Adopting this kind of economic practice and policy, however, means adopting a new economic model that takes seriously issues of meta-economics. We need to scrap models prioritizing progress at all costs, constant consumption, and feverish optimization, and adopt a model that puts us in "economic retro," pursuing pleasure with moderation during the good times while truly putting aside reserves for the bad times, instead of spiraling into deeper debt.
In other words, what Sedlacek is advocating, even though he doesn't use this phrase, is slow economics. Just as the slow food movement critiques fast food, industrialized agriculture, and alienation from the time-consuming and pleasurable processes of food production and consumption, Economics of Good and Evil critiques fast economics and advocates a more measured, thoughtful, conscientious, and pleasurable economy. Wendell Berry would be proud, and Christians should give a hearty "amen." In supporting this perspective, however, Sedlacek is content to borrow from any story or system of ideas, whether Hebraic or Hobbesian, Cartesian or Christian. Since, according to Sedlacek, all stories are fictional, we should not be concerned whether or not they correspond with reality, as long as we recognize the unavoidable role of faith and seek after a beautifully coherent worldview. Whereas this might be a big step forward for secular economists, this is unsatisfying for me as a Christian who believes that the truth of Christianity coheres and corresponds with reality. What if slow economics is not just a beautiful idea, but corresponds with how God created the world and how he is in the process of re-creating it? Maybe Sedlacek agrees, but that would take quite another book, and one even more daring.'
- Wesley Vander Lugt,
Slow Economics, September 21, 2011</blockquote>
Context<blockquote>
Banking Reform(Haptopraxeology) - '..We have lost three centuries as a result of ignoring our scholars!'‘The dimension of feeling..’ - ‘The Myth of Efficiency’(Praxeology) - '..Menger’s experience stressed subjective factors..''..have organizations that are .. far more humane..'</blockquote>