Culture in Economics

Culture , Languages and Economics

Amsterdam: Elsevier, forthcoming. " If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart. " (Attributed to Nelson Mandela)

most welcomed Economics & Corporate Culture ∗

Most non-economists would question whether economists know anything about culture. Indeed, given some faculty meetings I’ve been through, I imagine they might go so far as to say economists are uncultured. Although the second sentiment probably does go too far, there is certainly merit to the first. In particular, with a few exceptions (notably Kreps, 1990; Crémer, 1993; Lazear, 1995; Hodgson, ...

Ethical School in Islamic Economics and Conventional Economics

In the present age, it is the age of economic crises and challenges to moral values. Today, with many moral schools, we are faced with the dos and don’ts of economic activities. On the one hand, the Islamic society needs a dynamic and developed economy, and on the other hand, it needs to consolidate and strengthen moral values in order to bring worldly and otherworldly happiness to people by ma...

A ' third culture ' in economics ? An essay on Smith ,

Exploring the Common Roots of Culture, Politics and Economics

The 2008 recession resulted from the failure of financial institutions including banks, due to their uncontrolled self-indulgent financial practices leading to a severe economic crisis. Policy options to resolve the recession that has resulted from the crisis included financial sector restructuring or bail-outs on the assumption that the banks are generally moral and trustworthy organizations. ...