From Melqart to Zombieworld: Adventures in Imbalance

Daniel Friedman and Daniel McNeill

Chapter 3 in Morals and Markets, 2013, pp 57-84 from Palgrave Macmillan

Abstract: Abstract Loops feed back. We began with two stories: the heist of Russia’s economy itself and the torment in Greece. But we told you chronicles, almost fairy tales. Great events occurred, but they just seemed to happen. In fact, neither makes sense without the moral background. In both cases, markets and morals were disastrously misaligned. And these are just two examples. Let’s look deeper into these and several others.

Keywords: Competitive Equilibrium; Market System; Moral Emotion; Dictator Game; Moral Code (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33152-6_4

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DOI: 10.1057/9781137331526_4

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