The Moral Foundation of Economic Behavior

The Moral Foundation of Economic Behavior

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Paperback, Oxford University Press, USA, 2014, ISBN13 9780199360598, ISBN10 0199360596
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Paperback, Oxford University Press, USA, 2014, ISBN13 9780199360598, ISBN10 0199360596

About this item

Important Made in USA Origin Disclaimer: For certain items sold by Walmart on Walmart.com, the displayed country of origin information may not be accurate or consistent with manufacturer information. For updated, accurate country of origin data, it is recommended that you rely on product packaging or manufacturer information.

Paperback, Oxford University Press, USA, 2014, ISBN13 9780199360598, ISBN10 0199360596

This book explains why moral beliefs can and likely do play an important role in the development and operation of market economies. It provides new arguments for why it is important that people genuinely trust others-even those whom they know don't particularly care about them-because in key circumstances institutions are incapable of combating opportunism. It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy. When such moral beliefs are held with sufficient conviction by a sufficiently high proportion of the population, a high trust society emerges that supports maximum cooperation and creativity while permitting honest competition at the same time. Such moral beliefs are not tied to any particular religion and have nothing to do with moral earnestness or the set of moral values-what matters is how they affect the way people think about morality. Such moral beliefs are based on abstract ideas that must be learned so they are matters of culture, not genes, and are therefore able to explain differences in economic performance across societies.

Specifications

Number of Pages: 269
Number in Series: 1
Original Languages: English
Author: Rose, David C.
Publisher: Oxford Univ Pr
Publication Date: February, 2014
ISBN-13: 9780199360598
Assembled Product Dimensions (L x W x H): 6.00 x 9.00 x 0.50 Inches
ISBN-10: 0199360596
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