Socio-Economics: Humanizing the Dismal Science

January 11, 1987

Answer the following questions: Did you make your 1986 IRA contribution on any day after Jan. 2, 1986? Did you ever vote or make a contribution to public TV? Have your friends, relatives or clerics ever influenced you to alter any of your goals? If you answer these questions in the affirmative, your behavior illustrates why the core assumptions of mainstream economics are wrong, and why a new science is emerging to explain how and why people make choices. This new discipline - called socio-economics - blends elements of psychology and political science as well as sociology with economics.

On Thoughtless Rationality (Rules-of-Thumb)

January 01, 1987

In strenuous efforts to shore up the beleaguered neoclassical paradigm, its follows argue that individuals may render rational decisions out processing information or deliberations, by using 'rules of thumb'.

Does Regulation Reduce Electricity Rates? A Research Note

December 01, 1986

Rhis paper reasseses the original data of Stigler and Friedland's influential 1962 article on the effects of regulation, which studied U.S. electricity rates in the early 1900's.

Founding a New Socioeconomics

November 10, 1986

Since the economy is nestled within society and rooted in its institutions, economists should join psychologists and sociologists to study human behavior.

I and We: The Case for the Open Community

October 01, 1986

Out of opposition to collectivism grew the celebration of the individual. Long before libertarians objected to totalitarianism in the name of individual rights, laissez faire conservatives challenged the collectivism that had been entailed in nationalism, Catholic and Anglican church doctrines, and secular pessimistic theories of human nature (theories that favored collective institutional and cultural restraints “to keep the lid” on individual urges).

The Fast-Food Factories: McJobs are Bad for Kids

August 24, 1986

McDonald's is bad for your kids. I do not mean the flat patties and the white-flour buns; I refer to the jobs teen-agers undertake, mass-producing these choice items.

Teen Idols

June 01, 1986

The heroes young Americans salute are, once again, heroes. This is not the way it was in the seventies or even in the late sixites.

Ethics, Development, and the Need for a New Paradigm

May 07, 1986

"Is it alright to cast one Christian to the lions, if it will provide considerable pleasure to many Romans?" was a question posed to a seminar.

Entrepreneurship, Adaptation, and Legitimation

April 01, 1986

Societal patterns often lag behind the constantly changing environment.

Tax Evasion and Perceptions of Tax Fairness: A Research Note

April 01, 1986

This research note addresses the debate as to whether tax evasion results from increased tax rates and economic incentives-as many economists claim-or from other factors as well, specifically taxpayers' perceptions that taxes are unfair.

A Better Way?

March 14, 1986

As neo-classical economic theories face severe criticism for their unreality, new approaches are emerging.

Duty: The Forgotten Virtue

March 09, 1986

Air accidents can be viewed as random tests of the extent to which those responsible for keeping airplanes flying are doing their duty.

Growing Up In a World of Hard Choices

March 01, 1986

An old Chinese proverb - or is it a curse? - reads "May you live in interesting times"

The Case for a Multiple Utility Conception

January 01, 1986

In recent decades, neoclassical economists have made heroic efforts to accommodate within the confines of the concept of rational utility maximization the fact that individual behavior is significantly affected by moral considerations.

Socio-Economics: A Proposal for a New Inter-Disciplinary Field

January 01, 1986

Psychologists (working with sociologists and political scientists) seem ready to go beyond piece meal studies of economic behavior, or studies of economic behavior as merely incidents of general psychological theorems.