منابع مشابه
Alfred Marshall Lecture Women, Work, and Culture
This paper discusses some recent advances in the area of culture and economics and examines the effect of culture on a key economic outcome: female labor supply. To separate the effect of market variables and institutions from culture, I use an epidemiological approach, studying second-generation American women. I use both female labor force participation (LFP) and attitudes in the women’s coun...
متن کاملAlfred Marshall versus The Historical School?
A false account of Marshall’s engagements with the historical school is found among modern commentators. This false account involves the central proposition that Marshall was an opponent of the historical school. This false account has survived and prospered because it has fitted into more general conceptions of intellectual history, held by both orthodox and heterodox economists. To many ortho...
متن کاملAlfred Marshall Lecture Using and Abusing Economic Theory
Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the dangers posed by political pressures. Superficially trivial distinctions between policy proposals may be ...
متن کاملAlfred Marshall Lecture Social Capital as Good Culture
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust equilibrium. In this context,...
متن کاملAlfred Marshall Lecture Kleptocracy and Divide-and-rule: a Model of Personal Rule
Many developing countries have suffered under the personal rule of kleptocrats, who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part, on their ability to use a divide-and-rule strategy, made possible by the weakness of institutions in ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1921
ISSN: 0022-3808,1537-534X
DOI: 10.1086/253383