Steve Roth, publisher of Evonomics and at Angry Bear, sends this note and thematic list: Economics Doesn’t Have to Be Amoral The complexity economist Eric Beinhocker writes “economics has painted itself as a detached amoral science, but humans are moral creatures. We must bring morality back into the center of economics in order for people to relate to and trust it. All of the science shows that deeply ingrained, reciprocal moral behaviors are the glue that holds society together.” We evolved economic morality. It’s time to put it into practice! Economists Forgot Smith and Darwin’s Message: Society Cannot Function Without Moral Bonds by Geoffrey Hodgson What Is the Role of Morality in a Capitalist Economy? by Peter Turchin, Branko Milanovic, Herb
Topics:
Dan Crawford considers the following as important: US/Global Economics
This could be interesting, too:
Angry Bear writes Geneva plans to pay NGO wages after US foreign aid freeze
Bill Haskell writes Industrial Policy
Angry Bear writes Inflation. How worried should we be?
Angry Bear writes Tariffs Driving Drug Prices Higher
Steve Roth, publisher of Evonomics and at Angry Bear, sends this note and thematic list:
Economics Doesn’t Have to Be Amoral
The complexity economist Eric Beinhocker writes “economics has painted itself as a detached amoral science, but humans are moral creatures. We must bring morality back into the center of economics in order for people to relate to and trust it. All of the science shows that deeply ingrained, reciprocal moral behaviors are the glue that holds society together.” We evolved economic morality. It’s time to put it into practice!
Economists Forgot Smith and Darwin’s Message: Society Cannot Function Without Moral Bonds by Geoffrey Hodgson
What Is the Role of Morality in a Capitalist Economy? by Peter Turchin, Branko Milanovic, Herb Gintis, Robert Frank
It’s Time for New Economic Thinking Based on the Best Science Available, Not Ideology by Eric Beinhocker