Morals and markets : (Record no. 23477)

LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2012046886
INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781137282583 (alk. paper)
DEWEY DECIMAL CLASSIFICATION NUMBER
Call number 174/.4
MAIN ENTRY--PERSONAL NAME
Authors Friedman, Daniel,
Dates 1947-
TITLE STATEMENT
Title Morals and markets :
Subtitle the dangerous balance /
Statement of responsibility, etc Daniel Friedman and Daniel McNeill.
EDITION STATEMENT
Edition 2nd ed.
PHYSICAL DESCRIPTION
Extent 287 p. ;
Size 24 cm.
CONTENTS
Contents The Savanna code: what good are morals? -- The rise of wealth: how we became civilized and started shopping -- From Melqart to Zombieworld: adventures in imbalance -- Madness, lies, and crashes: when prices run free -- Blundering back to balance: TARP and tear gas -- China: morals and the rush to wealth -- From Hudson's Bay to eBay: why some people like going to work -- Markets and sin: murder, mega-casinos, and drug wars -- Underworlds: the tao of gangs -- Cooling the earth: the preservation markets -- The world ahead.
SUMMARY
Summary An updated book on markets and morals that includes new insights into the 2008 financial crash from a historical and ethical economic perspectiveEconomist Daniel Friedman draws on recent research in evolutionary game theory and behavioral economics to explore the relationship between our moral codes and our market systems. Why are they so often at odds? Friedman traces the evolutionary history of morals and markets, and argues that both are devices humans have evolved to cope with the inherent conflict between individual and group needs. Morals work well to prevent and solve this conflict within small groups, but tend to break down at larger scale. Markets efficiently organize the activities of very large groups - even billions of people - but large markets tend to be ruthless, ignoring the needs of individuals and small groups. Friedman shows how imbalance between morals and markets is at the root of such problems as the recent corporate scandals in the United States including the global financial crisis the world continues to face. On the other hand, balance between moral and market concerns has resulted in creative, sustainable solutions to some of our most intractable problems. Acid rain, for example, has been cut in half in large part because of emissions trading programs. Friedman explores this and other ways moral and market forces can be balanced to achieve better solutions than either could on its own.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Economics
General Moral and ethical aspects.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Economics
General Sociological aspects.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Capitalism
General Moral and ethical aspects.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Economic history.
ADDED ENTRY
Name McNeill, Daniel.
ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://uowd.box.com/s/n8y450al2ckngb55mj94i0499dltaz12
Public note Location Map
MAIN ENTRY--PERSONAL NAME
-- 41907
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 8834
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 1274
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 14914
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 928
ADDED ENTRY
-- 41908
Holdings
Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Shelving location Date acquired Source of acquisition Full call number Barcode Date last seen Cost, replacement price Price effective from Koha item type
        University of Wollongong in Dubai University of Wollongong in Dubai Main Collection 2014-04-01 UOW Unishop 174.4 FR MO T0024977 2017-01-26 24.51 2017-01-26 REGULAR

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