000 01931nam a22002177a 4500
003 OSt
005 20250508152514.0
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020 _a9780199781744
040 _cAACR-II
082 _a330.122 ROS
100 _aRose, David C.
_910239
245 _aMoral foundation of economic behavior
260 _aNew Delhi
_bOxford University Press (OUP)
_c2011
300 _a269p.
520 _aThis book explains why moral beliefs can and likely do play an important role in the development and operation of market economies. It shows why the maximization of general prosperity requires that people genuinely trust others - even those whom they know don't particularly care about them. It then identifies characteristics that moral beliefs must have for people to trust others even when there is no chance of detection and no possibility of harming anyone. It shows that when moral beliefs with these characteristics are held by a sufficiently high proportion of the population, a high trust society emerges that supports maximum cooperation and creativity while permitting honest competition at the same time. The required characteristics are not tied to any specific religious narrative and have nothing to do with the moral earnestness of individuals or the set of moral values. What really matters is how moral beliefs affect the way people think about morality. The required characteristics are based on abstract ideas that must be learned so they are matters of culture, not genes, and are therefore potentially capable of explaining differences in material success across human societies. This work has many theoretical and empirical implications including but not limited to social capital theory and trust-based economic experiments.
600 _aGovernance Sector
_910457
650 _aProfessional Ethics
_910458
650 _aMoral Ethics-Economic
_910459
942 _2ddc
_cB
999 _c358210
_d358210