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The Devil Is in the Details: Implications of Samuel Bowles's The Moral Economy for Economics and Policy Research

机译:细节中有魔鬼:塞缪尔·鲍尔斯的《道德经济学对经济学和政策研究的启示》

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摘要

All economists should buy and read The Moral Economy by Samuel Bowles. The book challenges basic premises of economic theory and questions policies based on monetary incentives. Incentives not only crowd out intrinsic motivations, they erode the ethical and moral codes necessary for the workings of markets. Bowles boldly suggests that successfull policies must combine incentives and moral messages, exploiting complementarities between the two. This essay argues that to achieve this objective, economists must study the local institutions and social context and engage untraditional data to uncover the interplay of incentives and identity.
机译:所有经济学家都应购买并阅读塞缪尔·鲍尔斯(Samuel Bowles)的《道德经济》。该书挑战了经济理论的基本前提,并质疑基于货币激励的政策。激励不仅排挤了内在动机,而且侵蚀了市场运作所必需的道德和道德准则。鲍尔斯大胆地提出,成功的政策必须结合激励和道德信息,利用两者之间的互补性。本文认为,为了实现这一目标,经济学家必须研究当地的制度和社会环境,并利用非传统的数据来揭示激励与认同之间的相互作用。

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