The Moral Foundation of Economic Behavior

Business & Finance, Business Reference, Business Ethics, Economics, Theory of Economics, Nonfiction, Religion & Spirituality, Philosophy, Ethics & Moral Philosophy
Cover of the book The Moral Foundation of Economic Behavior by David C. Rose, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: David C. Rose ISBN: 9780199339853
Publisher: Oxford University Press Publication: November 25, 2011
Imprint: Oxford University Press Language: English
Author: David C. Rose
ISBN: 9780199339853
Publisher: Oxford University Press
Publication: November 25, 2011
Imprint: Oxford University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Oxford University Press

Cover of the book Ethics and Qualities of Life by David C. Rose
Cover of the book Looking like a Language, Sounding like a Race by David C. Rose
Cover of the book Stories Without Borders by David C. Rose
Cover of the book How the Ray Gun Got Its Zap by David C. Rose
Cover of the book Why Capitalism? by David C. Rose
Cover of the book Black Beauty Level 4 Oxford Bookworms Library by David C. Rose
Cover of the book The Tale of the Scale by David C. Rose
Cover of the book From Drag Queens to Leathermen by David C. Rose
Cover of the book The Cosmic Common Good by David C. Rose
Cover of the book Debating the Sacraments by David C. Rose
Cover of the book Leaves from the Garden of Eden by David C. Rose
Cover of the book Stand Firm Ye Boys from Maine by David C. Rose
Cover of the book The New Middle East: What Everyone Needs to Know® by David C. Rose
Cover of the book This Life Of Sounds : Evenings For New Music In Buffalo by David C. Rose
Cover of the book Advancing Evidence-Based Practice Through Program Evaluation by David C. Rose
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy