61 online
 
Most Popular Choices
Share on Facebook 15 Printer Friendly Page More Sharing
Sci Tech    H4'ed 3/24/13

'Networked Minds' Need New Economics

Quicklink Submitted By   1 comment
Become a Fan
  (68 fans)

Copyrighted Image? DMCA
How will this change our economy? Today, many customers doubt that they get the best service by people who are driven by their own profits and bonuses. "Our theory predicts that the level of other-regarding preferences is distributed broadly, from selfish to altruistic. Academic education in economics has largely promoted the selfish type. Perhaps, our economic thinking needs to fundamentally change, and our economy should be run by different kinds of people," suggests Grund. "The true capitalist has other-regarding preferences," adds Helbing, "as the "homo socialis" earns much more payoff."
Read the rest of the story HERE:

At www.sciencedaily.com
Rate It | View Ratings

Daniel Geery Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

In my run for U.S. Senate against Utah's Orrin Hatch, I posted many progressive ideas and principles that I internalized over the years. I'm leaving that site up indefinitely, since it describes what I believe most members of our species truly (more...)
 

Related Topic(s): Economics, Add Tags
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend