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Adam Smith, the founder of modern economics, believed that our actions stem from self-interest and the world turns because of financial gain. But every night Adam Smith's mother served him his dinner, not out of self-interest but out of love.Today, economics focuses on self-interest and excludes our other motivations. It disregards the unpaid work of mothering, caring, cleaning and cooking and its influence has spread from the market to how we shop, think and date. In this engaging takedown of the economics that has failed us, Katrine Marcal journeys from Adam Smith's dinner table to the recent financial crisis and shows us how different, how much better, things could be.
KATRINE MARCAL is the lead editorial writer for the Swedish newspaper Aftonbladet, where she writes articles on Swedish and international politics, economics and feminism. On publication in Sweden, Who Cooked Adam Smith's Dinner? was shortlisted for the August Prize and won the Lagercrantzen Award. She lives in London.