Palgrave Advances in Behavioral Economics
cover

Metaeconomics

Tempering Excessive Greed

Authors: Lynne, Gary D.

  • Explains the Metaeconomics Framework and Dual Interest Theory, which give an alternative way to address economic questions
  • Brings the moral and ethical dimension back into focus in economics, as Adam Smith intended
  • Provides applications of Metaeconomics that show the need for seeing the link between ego and empathy, and self and other, both within each person and within market and government
  • Connects behavioral economics, neoclassical economics, and neoinstitutional economics
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eBook 85,59 €
price for Spain (gross)
  • The eBook version of this title will be available soon
  • Due: December 22, 2020
  • ISBN 978-3-030-50601-8
  • Digitally watermarked, DRM-free
  • Included format:
  • Immediate eBook download after purchase and usable on all devices
Hardcover 103,99 €
price for Spain (gross)
About this book

This book presents the Metaeconomics Framework and Dual Interest Theory, which weave the empathy-based moral and ethical dimension back into key economic questions. Metaeconomics addresses the problem of placing too much emphasis on the market or the government, and thus argues that seeing the link between ego and empathy, self- and other-interest, and market and government will lead to a more just, fair, and sustainable polity. The unique Dual Interest Theory proposes that ego-based self-interest and empathy-based other-interest are joint and internal to each person: it maintains the original proposition from Adam Smith that each person maximizes their own-interest, which Metaeconomics makes clear involves balancing the two joint interests, although self-interest is more primal. The book begins with an explanation of how Metaeconomics connects the other kinds of economics. The book then provides a series of applications of Metaeconomics in heated policy issues, such as elections, finance, family, food, health, natural resources, education, taxes, and extreme inequality, among others. Finally, the book concludes that the only way to save capitalism is to bring empathy into both private and public actions and bring about a more humane balance in market and government.

About the authors

Gary D. Lynne is Professor Emeritus at the University of Nebraska-Lincoln, USA. Lynne earned BS and MS degrees from North Dakota State University and a PhD from Oregon State University, all in Agricultural Economics. He specialized in Natural Resource Economics. He worked mainly in research, holding positions at the University of Florida and the University of Nebraska-Lincoln. Lynne has published over 180 journal papers, book chapters, reviews, reports, and articles—all connected into the related science that gave form and substance to the empirical foundation for Metaeconomics. It also led to coining the notion of Empathy Conservation. For further information about the research program and the author, see the website https://www.metaeconomics.info.

Buy this book

eBook 85,59 €
price for Spain (gross)
  • The eBook version of this title will be available soon
  • Due: December 22, 2020
  • ISBN 978-3-030-50601-8
  • Digitally watermarked, DRM-free
  • Included format:
  • Immediate eBook download after purchase and usable on all devices
Hardcover 103,99 €
price for Spain (gross)

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Bibliographic Information

Bibliographic Information
Book Title
Metaeconomics
Book Subtitle
Tempering Excessive Greed
Authors
Series Title
Palgrave Advances in Behavioral Economics
Copyright
2020
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-50601-8
DOI
10.1007/978-3-030-50601-8
Hardcover ISBN
978-3-030-50600-1
Series ISSN
2662-3846
Edition Number
1
Number of Pages
XXIV, 314
Number of Illustrations
8 b/w illustrations
Topics