European University Institute Library

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

Label
The moral economy, why good incentives are no substitute for good citizens, Samuel Bowles
Language
eng
Bibliography note
Includes bibliographical references (pages 245-266) and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
The moral economy
Nature of contents
bibliography
Oclc number
930798081
Responsibility statement
Samuel Bowles
Series statement
The castle lectures in ethics, politics, and economics
Sub title
why good incentives are no substitute for good citizens
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. --, Provided by publisher
resource.variantTitle
Why good incentives are no substitute for good citizens
Classification
Content
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