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The Economics of Sin - Rational Choice or No Choice at All? (Hardcover, illustrated edition)
Loot Price: R3,032
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The Economics of Sin - Rational Choice or No Choice at All? (Hardcover, illustrated edition)
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The Economics of Sin examines the definition and evolution of sin
from the perspective of rational choice economics, yet is conscious
of the limitations of such an approach. The author argues that
because engaging in activities deemed to be sinful is an act of
choice, it can therefore be subject to the logic of choice in the
economic model. The book considers the formation of religions,
including the new age revival of 'wicca', as regulators of the
quasi-market in sins, and goes on to appraise the role of specific
sins such as lying, envy, jealousy, greed, lust, sloth, and waste
in individual markets and in macroeconomic activity. Empirical
evidence on issues such as cannibalism, capital punishment,
addiction, adultery and prostitution is also explored. Samuel
Cameron concludes that a large percentage of economic activity is
intimately connected with forms of sin which are in some
circumstances highly beneficial to the functioning of markets,
particularly in the presence of market failure. This innovative,
interdisciplinary study of the institution of sin will be of
enormous interest to a wide-ranging readership, including
researchers and teachers of economics, sociology and theology. It
will also be of importance for anthropologists and philosophers.
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