REGNUM PUBLISHED A REVIEW ON THE BOOK “THE MORAL ECONOMY” BY SAMUEL BOWLES ISSUED BY THE GAIDAR INSTITUTE

Nowadays, the authorities and business take advantage of bans, fines and penalties. It is assumed that ordinary citizens are selfish, who must be kept on a tight leash applying brutal force (or monetary benefits) and to channel them in the right direction. However, is it true? 
Does this create more problems and lack of trust rather than bring benefits? Can management be generally benevolent and trustful?
Samuel Bowles, the US economist, has been studying for decades how various prohibitions and incentives affect people and societies. His conclusions drawn by 2016 are described in the book “The Moral Economy: Why good Incentives are not able to replace good citizens”.
In his book, Samuel Bowles proves that bans and rewards have a good reason to depend on the situation, on human preferences and values. Bans and rewards change these preferences and values and have an impact on people’s perception of this situation.
Here, you can download the full text of the review.


Wednesday, 22.04.2020