Morals and Markets The Dangerous Balance

Name: Morals and Markets The Dangerous Balance
Price: 9.0 USD
Availability: InStock
ISBN: 9781137282583

ISBN-10: 1137282584

ISBN-13: 9781137282583

Edition: 2nd 2013 (Revised)

Authors: Daniel Friedman, Daniel McNeill, Dan McNeil

List price: $22.00

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Description:

Economist Daniel Friedman draws on recent research in evolutionary game theory and behavioral economics to explore the relationship between our moral codes and our market systems. Why are they so often at odds?Friedman traces the evolutionary history of morals and markets, and argues that both are devices humans have evolved to cope with the inherent conflict between individual and group needs. Morals work well to prevent and solve this conflict within small groups, but tend to break down at larger scale. Markets efficiently organize the activities of very large groups – even billions of people – but large markets tend to be ruthless, ignoring the needs of individuals and small groups.…

Book details

List price: $22.00
Edition: 2nd
Copyright year: 2013
Publisher: Palgrave Macmillan
Publication date: 6/11/2013
Binding: Paperback
Pages: 304
Size: 6.00" wide x 9.25" long x 0.75" tall
Weight: 0.682
Language: English



Prologue: A Tale of Two Tilts



Two Halves of the Balance



The Savanna Code: What Good Are Morals?



The Rise of Wealth: How We Became Civilized and Started Shopping



Worlds Out of Kilter



From Melqart to Zombieworld: Adventures in Imbalance



Madness, Lies, and Crashes: When Prices Run Free



Blundering Back to Balance: TARP and Tear Gas



China: Morals and the Rush to Wealth



Life Around Us



From Hudson's Bay to eBay: Why Some People Like Going to Work



Markets and Sin: Murder, Megacasinos, and Drug Wars



Underworlds: The Tao of Gangs



Cooling the Earth: The Preservation Markets



The World Ahead


Acknowledgments


Notes


Bibliography


Index