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Full-Text Articles in Social and Behavioral Sciences
(Wp 2018-01) Ethics And Economics: A Complex Systems Approach, John B. Davis
(Wp 2018-01) Ethics And Economics: A Complex Systems Approach, John B. Davis
Economics Working Papers
This chapter examines the nature of ethics and economics as a single subject of investigation, and uses a complex systems approach to characterize the nature of that subject. It then distinguishes mainstream economic and social economic visions of it, where the former assumes that market processes encompass social processes, and the latter assumes that market processes are embedded in social processes. For each vision, strong and weak theses are compared. Both visions are first explained in terms of their respective views of the positive-normative distinction, then in terms of a central normative principle, and then in terms of their policy …
The Relationship Between Health And Schooling: What's New?, Michael Grossman
The Relationship Between Health And Schooling: What's New?, Michael Grossman
Economics Working Papers
Many studies suggest that years of formal schooling completed is the most important correlate of good health. There is much less consensus as to whether this correlation reflects causality from more schooling to better health. The relationship may be traced in part to reverse causality and may also reflect "omitted third variables" that cause health and schooling to vary in the same direction. The past five years (2010-2014) have witnessed the development of a large literature focusing on the issue just raised. I deal with that literature and what can be learned from it in this paper. I conclude that …