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The State of Economics: Morality's Evolutionary Foundations and Economic Implications

The State of Economics: Morality's Evolutionary Foundations and Economic Implications
Thinkers instrumental in shaping contemporary economics do a major stocktaking of the field, and also look ahead at the challenges of global development. The speakers reflect on the way thinking in economics has evolved in his or her area of interest, and also speculate about how the global economy is likely to evolve and the challenges this will pose for humankind, economic analysis, and polic... view more Thinkers instrumental in shaping contemporary economics do a major stocktaking of the field, and also look ahead at the challenges of global development. The speakers reflect on the way thinking in economics has evolved in his or her area of interest, and also speculate about how the global economy is likely to evolve and the challenges this will pose for humankind, economic analysis, and policy-making. That humans behave according to their rational self-interest has been a fundamental principle of economics since the dawn of the discipline. However, this assumption does not only hold. How can we refine our understanding of economic theory and policy by accounting for altruism? view less
  • Learning Mode: 
    Bite+
  • Topics: Macroeconomic and Structural Policies
  • GP: 
    Macroeconomics, Trade and Investment
  • Keywords: 
    Economics, Philosophy, Morality, Behavioral Psychology
  • Language: 
    English

Presenter Info

Ayhan Kose
Jorgen Weibull

Professor, Stockholm School of Economics Jörgen Weibull is professor at the Stockholm School of Economics. He is also affiliated with the KTH Royal Institute of Technology, Stockholm, and with the Institute for Advanced Study in Toulouse. His main field of research is non-cooperative and evolutionary game theory, with applications to economics, political science, and evolutionary biology. He is a member of the Royal Swedish Academy of Sciences and Fellow of Econometric Society.

Xavier Giné
Lawrence Blume

Goldwin Smith Professor of Economics, Cornell University Lawrence E. Blume is the Goldwin Smith Professor of Economics at Cornell University. He is a Visiting Research Professor at IHS and a member of the external faculty at the Santa Fe Institute, where he has served as Co-Director of the Economics Program and on the Institute's steering committee. He teaches and conducts research in general equilibrium theory and game theory, and also has research projects on natural resource management and network design. A Fellow of the Econometric Society, he received a BA in Economics from Washington University and a PhD in Economics from the University of California, Berkeley. Blume was one of the general editors of The New Palgrave Dictionary of Economics, 2nd edition, to which he contributed several articles on economic theory.

Presenter Resources

1. URL :
MORALITY - evolutionary foundations and policy implications
2. URL :
Behaviorally Informed
3. URL :
Social Choice and Welfare Economics

Printed on:2 March 2021 - 05:44 AM