In Smith's view, the market can be a "tool" in some sense. However, you can only use it if you carefully study the manual. 5/5

"If those two principles coincide and act in the same direction, the game of human society will go on easily and harmoniously, and is very likely to be happy and successful." 4/5

Smith adds that "in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might choose to impress upon it." 3/5

Adam Smith saw the problem as early as 1759. He warned against the "man of system," who "seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board;" 2/5

Understanding these dynamics is essential for developing strategies to promote ethical behavior in various settings, from corporate environments to everyday life.

The full paper can be found here: papers.ssrn.com/sol3/papers.... 5/5

However, they voted for cheaters more when the reward from cheating was divided among all group members. Even otherwise honest participants tended to vote for dishonest group members when they benefited from their cheating. 4/5

Participants voted for cheaters less when. the costs of cheating had a negative impact either on them or on a charity (representing social impact) than when cheating did not have an identifiable victim. 3/5

We examine how individuals balance personal gains against moral considerations in appointment decisions. Key findings include the following. 2/5

"Ekonomie navrhuje řešit tyto problémy přímo a cíleně." 3/3

"Na rozdíl od alternativních („postrůstových“) přístupů nevidí důvody, proč by bylo nutno tyto otázky zkoumat v souvislosti s ekonomickým růstem. Snaha řešit environmentální otázky a globální nerovnost omezením ekonomického růstu není účinné." 2/3