The World Ahead

Daniel Friedman and Daniel McNeill

Chapter 11 in Morals and Markets, 2013, pp 207-228 from Palgrave Macmillan

Abstract: Abstract We evolved in terrain of grassland and scattered trees so different from our present-day housing tracts and glass towers that we’d have trouble surviving in it—as our ancestors might in ours. The miracle is that our savanna genome made us so adaptable that we could move from hunting antelopes to trading CDSs and building global webs of finance.

Keywords: Systemic Risk; Competitive Equilibrium; Moral Code; Brussels Sprout; Market Format (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_12

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DOI: 10.1057/9781137331526_12

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