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Full-Text Articles in Social and Behavioral Sciences
On "Strongly Fortified Minds": Self-Restraint And Cooperation In The Discussion Tradition, Sandra J. Peart, David M. Levy
On "Strongly Fortified Minds": Self-Restraint And Cooperation In The Discussion Tradition, Sandra J. Peart, David M. Levy
Jepson School of Leadership Studies articles, book chapters and other publications
Accordingly, this essay explores some unappreciated benefits of discussion.2 While educators frequently favor discussion as a means to encouraging engaged learning, they nonetheless rarely attempt to explain how or why these benefits arise. More than this, the role of economists from Adam Smith through Frank Knight and his student, James Buchanan, in explaining the benefits associated with discussion has been neglected both within economics and throughout the academy. In this tradition one accepts the inevitability of an individual "point of view" and the good society is one that can govern itself by means of an emergent consensus among points …
Political Economy, Sandra J. Peart, David M. Levy
Political Economy, Sandra J. Peart, David M. Levy
Jepson School of Leadership Studies articles, book chapters and other publications
Political economy describes how human societies are organized by exchange. The critical issue for political economists is the interaction between self-directed decision making and the incentives that turn decisions into approved outcomes. In this interaction, political economists see a key role for leadership, a role that depends upon our common concern for others (Robbins, 1981). There are three roles, then, for leadership in the political economist’s model: self-directed decision making, incentive making, and establishing the criteria for approved outcomes.