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Over the past 2 decades, dozens of studies have explored the relationship between exposure to economics and antisocial behavior.
Behavioral Economics has demonstrated that “people” (implying all) are unable to act as strong definitions of rationality assume. Their cognitive limitations are “hard wired”. However Behavioral Economics’ own data show that important segments of the population find “the” rational answer to choices posed to them. How do these findings square with the thesis that limitations are hard wired and universal? And, more attention should be paid to the extent to which various people deviate from the rational choice, and—whether training can improve performance despite the claim that flaws are hard wired.
“Toward a New Paradigm,” in Paul J. Albanese (Ed.), Psychological Foundations of Economic Behavior, Praeger: New York, 1988, pp. 165-172.
By the first part of 2013, the economic growth rates of China and India were falling sharply; the growth of the United States and Japan were anaemic; the EU was on the edge of a recession. While the Arab Awakening is often considered a call for democratization, most citizens of the nations involved are keen to command a significantly higher standard of living, which may well not be forthcoming.
“The End of Rationality?” Contemporary Sociology 41.5 (September 2012), pp. 594-597.
Let us consider these points in a little more detail. Recent research in the social sciences highlights the extraordinary diversity of modes of identity-constitution in the global age.
Accountability deserves much more attention than it has been getting; the book before us makes a major contribution to highlight its importance. It sounds like a dull subject, something having to do with annual reports and accountants. Actually at the heart of the matter is ensuring that actions are carried out in line with legitimate policies, those set by law, in line with ethical precepts, and properly authorized by legislature or corporate board and executive.
“Justice: What’s the Right Thing to Do?” Hedgehog Review (Spring 2010), pp. 85-89.
The first thing that must be said about Michael Sandel's book, Justice, is that it is a remarkable educational achievement.
“A Humanist Science: Values and Ideas in Social Inquiry,” Law and Society Review 44, No. 1 (March 2010), pp. 185-186.
Philip Selznick provides, in A Humanist Science, a remarkable capstone to a long and outstanding lifetime of scholarly work.
When a theory faces a set of facts that are not compatible with its key assumptions, there are several ways it might respond. In response to the challenge posed by behavioral economics, neoclassical economics has attempted numerous different approaches. After briefly reviewing these responses, this paper turns to argue in favor of one of them.
The main challenge currently facing the EU is a community deficit: the low valuation the majority of its citizens accord the evolving collectivity. The EU is challenged by the mismatch between its increasing supranational decision-making and the strong loyalties of its citizens to their respective nations states.