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Metaeconomics - Tempering Excessive Greed (Hardcover, 1st ed. 2020)
Loot Price: R3,304
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Metaeconomics - Tempering Excessive Greed (Hardcover, 1st ed. 2020)
Series: Palgrave Advances in Behavioral Economics
Expected to ship within 10 - 15 working days
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This book presents the Metaeconomics Framework and Dual Interest
Theory, which weave the empathy-based moral and ethical dimension
back into key economic questions. Metaeconomics addresses the
problem of placing too much emphasis on the market or the
government, and thus argues that seeing the link between ego and
empathy, self- and other-interest, and market and government will
lead to a more just, fair, and sustainable polity. The unique Dual
Interest Theory proposes that ego-based self-interest and
empathy-based other-interest are joint and internal to each person:
it maintains the original proposition from Adam Smith that each
person maximizes their own-interest, which Metaeconomics makes
clear involves balancing the two joint interests, although
self-interest is more primal. The book begins with an explanation
of how Metaeconomics connects the other kinds of economics. The
book then provides a series of applications of Metaeconomics in
heated policy issues, such as elections, finance, family, food,
health, natural resources, education, taxes, and extreme
inequality, among others. Finally, the book concludes that the only
way to save capitalism is to bring empathy into both private and
public actions and bring about a more humane balance in market and
government.
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