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Full-Text Articles in Behavioral Economics
The Prudent Village: Risk Pooling Institutions In Medieval English Agriculture, Gary Richardson
The Prudent Village: Risk Pooling Institutions In Medieval English Agriculture, Gary Richardson
Gary Richardson
The prudent peasant mitigated the risk of crop failures by scattering his arable land throughout his village, Deirdre McCloskey argued, because alternative risksharing institutions did not exist. But, alternatives did exist, this essay concludes. Medieval English peasants formed two types of farmers’ cooperatives. Fraternities protected members from the perils of everyday life. Customary poor laws redistributed resources towards villagers beset by bad luck. In both institutions, the expectation of reciprocation motivated farmers with surpluses to aid neighbors with shortages.
Review Of Sweet Dreams: Philosophical Obstacles To A Science Of Consciousness, Leslie Marsh
Review Of Sweet Dreams: Philosophical Obstacles To A Science Of Consciousness, Leslie Marsh
Leslie Marsh
The question of how a physical system gives rise to the phenomenal or experiential (olfactory, visual, somatosensitive, gestatory and auditory), is considered the most intractable of scientific and philosophical puzzles. Though this question has dominated the philosophy of mind over the last quarter century, it articulates a version of the age-old mind–body problem. The most famous response, Cartesian dualism, is on Daniel Dennett’s view still a corrosively residual and redundant feature of popular (and academic) thinking on these matters. Fifteen years on from his anti-Cartesian theory of consciousness (Consciousness Explained, 1991), Dennett’s frustration with this tradition is still palpable. This …