Reflections on Finance and the Good Society

S-Tier
Journal: American Economic Review
Year: 2013
Volume: 103
Issue: 3
Pages: 402-05

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The concept of the Good Society--grounded in principles of reciprocity and the Golden Rule--is as ancient as human civilization. To many the concept may appear in conflict with the goings-on of financial markets. This may be especially true after the financial crisis. Financial theory and financial legislation cannot ignore this apparent conflict, but must instead find ways to reduce it. When teaching economics it is important to convey how individuals and organizations impose rules and standards which help reconcile their deeply-held beliefs with their business practices.

Technical Details

RePEc Handle
repec:aea:aecrev:v:103:y:2013:i:3:p:402-05
Journal Field
General
Author Count
1
Added to Database
2026-01-29