The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens (Castle Lectures Series) (Castle Lecture Series)

The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens (Castle Lectures Series) (Castle Lecture Series)

by SamuelBowles (Author)

Synopsis

Why policies and business practices that ignore the moral side of human nature often fail.

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More Information

Format: Paperback
Pages: 288
Edition: Reprint
Publisher: Yale University Press
Published: 24 Oct 2017

ISBN 10: 0300230516
ISBN 13: 9780300230512

Media Reviews
In his tightly argued and illuminating book, Bowles makes the case that appeals made to our self-interest can undercut instinctive moral impulses; and that when these impulses are weakened crucial institutions work sub-optimally, if not at all. --Robert Armstrong, Financial Times
Bowles has written a thought-provoking book, full of insights and evidence. --Choice
Fascinating and thought-provoking. --Democracy: A Journal of Ideas

The book does an excellent job of covering the existing research regarding incentives and human behavior and synthesizing it into an understandable format. This is an evolving area of scholarship so there are few, if any, similar books. --Charles D. Wilson, Law Library Journal


The Moral Economy is a wonderful read for all those unfamiliar with the experimental tradition in economics. . . . Through a detailed discussion of the experiments conducted by Bowles and his colleagues, one gets a real sense of this new breed of economists. --Guus Dix, European Journal of Sociology
Won an Honorable Mention for the 2017 Robert Lane Award given by the Organized Political Sections of the APSA
The Moral Economy plows new ground in exploring how the actions we take are motivated by their meaning. Samuel Bowles is proposing a paradigm shift in how we think about our lives and about economics. --George Akerlof, Nobel Laureate in Economics
The Moral Economy convincingly shows that economic incentives and legal constraints alone will not produce a flourishing society because good - morally motivated - people are indispensable. A thought-provoking work! --Ernst Fehr, Professor of Economics at the University of Zurich
The Moral Economy is a brilliant book. Rarely have such big ideas been communicated in such a compact package. This book should change the way political leaders, policy makers, and social scientists of all stripes do their work and understand the work that they do. --Barry Schwartz, author of Practical Wisdom and Why We Work
In this wonderful book, Sam Bowles explores--with intellectual breadth and analytical acuity--the importance of altruism and a sense of fairness in creating and sustaining decent societies. His prose is lucid, arguments compelling, and conclusions important. This is social science at its very best. --Joshua Cohen, Apple University
Sam Bowles is a visionary thinker who has done more than anyone else I know to unite the social sciences. In this superb book his combination of wisdom and rigor shines through, offering important lessons for anyone who hopes to motivate, govern, or even inspire actual humans. --Joshua Greene, author of Moral Tribes and director of the Moral Cognition Lab, Harvard University
Author Bio
Samuel Bowles directs the Behavioral Sciences Program at the Santa Fe Institute and is the author of Microeconomics: Behavior, Institutions, and Evolution; A Cooperative Species: Human Reciprocity and Its Evolution (with Herbert Gintis);andThe New Economics of Inequality and Redistribution.