The moral economy why good incentives are no substitute for good citizens / Samuel Bowles.

Author/creator Bowles, Samuel
Format Electronic
Publication InfoNew Haven ; London : Yale University Press [2016]
Descriptionxvi, 272 pages : illustrations ; 22 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Portion of title Why good incentives are no substitute for good citizens
SeriesThe castle lectures in ethics, politics, and economics
Contents The problem with homo economicus -- A constitution for knaves -- Moral sentiments and material interests -- Incentives as information -- A liberal civic culture -- The legislator's dilemma -- A mandate for Aristotle's legislator.
Abstract 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.
General noteParts of this book were given as the Castle Lectures in Yale's Program in Ethics, Politics, and Economics, delivered by Samuel Bowles at Yale University in 2010.
Bibliography noteIncludes bibliographical references (pages 245-266) and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2015956890
ISBN9780300163803 (hardback: alk. paper)
ISBN0300163800
ISBN9780300230512 (paperback: alk. paper)

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