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  • Laurie Santos: A Monkey Economy as Irrational as Ours

    By Laurie Santos from TED Talks Science of Virtues Scholar Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in "monkeynomics" shows that some of the silly choices we make, monkeys make too. See...
     Posted by: agomberg
  • Ought Implies Can, Ethical Pronouncements without Economics Lead to Diastrous Public Policies

    By Steven Horwitz "One of the most common objections to free markets is that they ignore ethical considerations. In particular, critics argue that there are many things we “ought” to do that they believe will make people’s lives better off. We ought to “redistribute” income to the poor, they say...
     Posted by: cait
  • Economic Desperation, Reshaping Morality

    By Catherine Rampell from The New York Times. "My colleague Jesse McKinley has a fascinating article today about how legal-marijuana advocates are promoting the fiscal virtues of their cause. Not coincidentally, another banned substance was legalized in the wake of major economic upheaval: alcohol...
     Posted by: cait
  • The Science of Trust: Economics and Virtue

    The "Reproducing Virtues" series has a new podcast on the place for the virtue of trust within economics. The series is described below: "In a few breathtaking months, we've culturally moved from seeing Wall Street as an icon of thriving civil society to discussing its workings with...
     Posted by: wattawa
  • The Altruism in Economics

    By Jeremy Mercer from Ode Magazine "The City of Yonkers, New York, wound up in a distressing predicament early this year. The municipal budget was running a deficit and the economic crisis was sorely aggravating the problem. Layoffs were needed and among the casualties were six firefighters, including...
     Posted by: ajstasic
  • A Crisis of Character

    This recent article in The Huffington Post frames the United States's current economic crisis in terms of a failure of morality and the virtues. "'Character is destiny,' remarked the Greek philosopher Heraclitus in the 6th Century B.C. This observation applies as much to nations as it...
     Posted by: admin
  • American Public Media's "Repossessing Virtue" Project

    "Repossessing Virtue is part of our ongoing series exploring the moral, spiritual, and practical aspects of the economic downturn. We've been contacting familiar voices of wisdom and insight, and asking them a series of questions about the current economic climate." -American Public Media...
     Posted by: admin
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  • Human Capital, Education and the Promotion of Social Cooperation: A Philosophical Critique (2009)

    By Tal Gilead "Although since the 1960s human capital theory has played a major role in guiding educational policy, philosophical issues that stem from this development have rarely been discussed. In this article, I critically examine how the idea that human capital should serve as a guide to educational...
    (Something interesting I found) Posted by: ajstasic
  • Are women expected to be more generous? (2009)

    Abstract: This paper analyzes if men and women are expected to behave differently regarding altruism . Since the dictator game provides the most suitable design for studying altruism and generosity in the lab setting, we use a modified version to study the beliefs involved in the game. Our results are...
    (Something interesting I found) Posted by: admin
  • Virtue Theory as a Dynamic Theory of Business (2000)

    Abstract: This paper develops a meta-theory of business based on virtue theory which links the concept of virtues, the common good, and the dynamic economy into a unifying and comprehensive theory of business. Traditional theories and models of business have outlived their usefulness as they are unable...
    (Something interesting I found) Posted by: admin
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