[PDF.23sh] The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens (Castle Lectures Series)

The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens (Castle Lectures Series)

[PDF.sf14] The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens (Castle Lectures Series)

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#408848 in eBooks 2016-05-28 2016-05-01File Name: B01EUYN5GM16 of 17 people found the following review helpful. Great account of how an inclusive understanding of social sciences might be applied to economic and political problemsBy Hugh SansomGreat new book from Samuel Bowles. No matter whether you share his particular views, Bowles is an important read.Bowles is an unusually expansive thinker among economists, both in terms of where his thinking is on the spectrum of views and in his awareness of other disciplines -- political science, history, biology"The Moral Economy plows new ground in exploring how the actions we take are motivated by their meaning. Samuel Bowles is proposing a paradigm shift in how we think about our lives and about economics."mdash;George Akerlof, Nobel Laureate in EconomicsShould the idea of economic manmdash;the amoral and self-interested Homo economicusmdash;determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding ldquo;no.rdquo; Policies that follow from this paradigm, he shows, may ldquo;crowd outrdquo; ethical and generous motives and thus backfire. nbsp; But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and...

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