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Lectures on Microeconomics
  • Language: en
  • Pages: 345

Lectures on Microeconomics

  • Type: Book
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  • Published: 2024-08-20
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  • Publisher: MIT Press

Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The argum...

Deliberate Ignorance
  • Language: en
  • Pages: 398

Deliberate Ignorance

  • Type: Book
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  • Published: 2021-03-02
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  • Publisher: MIT Press

Psychologists, economists, historians, computer scientists, sociologists, philosophers, and legal scholars explore the conscious choice not to seek information. The history of intellectual thought abounds with claims that knowledge is valued and sought, yet individuals and groups often choose not to know. We call the conscious choice not to seek or use knowledge (or information) deliberate ignorance. When is this a virtue, when is it a vice, and what can be learned from formally modeling the underlying motives? On which normative grounds can it be judged? Which institutional interventions can promote or prevent it? In this book, psychologists, economists, historians, computer scientists, sociologists, philosophers, and legal scholars explore the scope of deliberate ignorance.

Democracy and Financial Order: Legal Perspectives
  • Language: en
  • Pages: 228

Democracy and Financial Order: Legal Perspectives

  • Categories: Law
  • Type: Book
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  • Published: 2018-05-17
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  • Publisher: Springer

This book discusses the relationship between democracy and the financial order from various legal perspectives. Each of the nine contributions adopts a unique perspective on the legal and political challenges brought to the fore by the Global Financial Crisis. This crisis and the ensuing sovereign debt crisis in Europe are only the latest in a long series of financial crises around the globe in recent decades. By their very existence, but also as a result of the political turmoil they have created, these financial crises testify to the well-known tensions between democracy and a market-based economic and financial order. However, what is missing in this debate is an analysis of the role of law for reconciling democracy with a market-based financial order. To fill this lacuna, the book focuses on the controversy surrounding the concept of law, thereby adding another variable to the debate on the relation between democracy and capitalism. Each chapter addresses the concept of law from a particular theoretical angle, be it a full-grown legal theory or an approach in political economy that has a particular view of the law.

Evolving Business Ethics
  • Language: en
  • Pages: 152

Evolving Business Ethics

Business ethics as a discipline has been evolving rapidly, and indeed needs to evolve constantly. This evolution is mandated more urgently than ever before as we plunge headlong, and with increasing velocity, into the era of automation, artificial intelligence and digitization. In a scenario where legal and policy guidelines are scarce or ambiguous, the role of business ethics in guiding academic and industrial research and innovation cannot be understated. Ethical codes and guidelines are needed for educators, scientists, industries, law and policy makers, as well as for the general public engaged with emerging technologies not only to ensure a smooth transition into the autonomous and digi...

The Moral Economy
  • Language: en
  • Pages: 283

The Moral Economy

Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.

Economics and the Virtues
  • Language: en
  • Pages: 280

Economics and the Virtues

A volume by leading economists and philosophers that explores the contributions that virtue ethics can make to economics. Provides historical and modern insights in both economics and philosophy and offers suggestions for incorporating the ethics of virtue into economics to make it more applicable to moral dilemmas in the world outside the models.

Business Ethics
  • Language: en
  • Pages: 353

Business Ethics

In a globalized world, business ethics continues to gain importance as a field of study. Using a novel approach that centres on economic theory and analysis, this book provides students with a comprehensive overview of the essential concepts of business ethics related to both the economy as a whole and corporate ethics of the individual company.

Stories of Capitalism
  • Language: en
  • Pages: 205

Stories of Capitalism

Meeting the predictors -- The problem with forecasting in economic theory -- Inside Swiss banking -- Among financial analysts -- Intrinsic value, market value, and the search for information -- The construction of an investment narrative -- The politics of circulating narratives -- Analysts as animators -- Why the economy needs narratives

Research Handbook on Sustainability and Competition Law
  • Language: en
  • Pages: 589

Research Handbook on Sustainability and Competition Law

  • Categories: Law

This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This Research Handbook explores the complex interplay between competition law and sustainability, and also provides key insights into the role and limitations that tax, environmental laws, consumer laws, and social laws have in promoting sustainability. A distinguished array of international experts examine core principles of environmental and social sustainability, delve into the economic dynamics that shape this multidimensional relationship, and critically analyse how competition law and policy can both positively and negatively shape sustainability outcomes.

The Fall of Humankind and Social Progress
  • Language: en
  • Pages: 277

The Fall of Humankind and Social Progress

This book investigates the link between human capabilities and the preconditions for social progress through an engagement with the theological anthropology of Swiss theologian Emil Brunner (1889–1966). It places Brunner’s thought in dialogue with selected contributors from the contemporary social sciences, examining approaches from economics, sociology and philosophy as put forward by Gary S. Becker, Christian Smith and Martha Nussbaum. This dialogic format helps to crystallise both agreements and differences and thus facilitate greater understanding between theology and other disciplines. Questions explored in the discussion relate to the emergence of human nature (the person) and the ...