The moral economy :: why good incentives are no substitute for good citizens /

Should the idea of economic man-the amoral and self-interested Homo economicus-determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding "no." Policies that follow from this paradigm, he shows, may "crowd...

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Bibliographic Details
Main Author: Bowles, Samuel (Author)
Format: Electronic eBook
Language:English
Published: New Haven : Yale University Press, [2016]
Series:Castle lectures in ethics, politics, and economics.
Subjects:
Online Access:DE-862
DE-863
Summary:Should the idea of economic man-the amoral and self-interested Homo economicus-determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding "no." Policies that follow from this paradigm, he shows, may "crowd out" ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends
Physical Description:1 online resource (288 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9780300221084
0300221088
9780300230512
0300230516

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