Published Jan 23, 2012

David Rose on the Moral Foundations of Economic Behavior

Delve into the moral foundations of economic behavior with David Rose as he explores how trust, principled moral restraint, and a deep-seated aversion to opportunism drive economic prosperity and solve the empathy problem in large societies.

Episode Highlights

Topics covered

Behavioral Economics
01
Moral Restraints
02
Moral Foundations
03

David Rose on the Moral Foundations of Economic Behavior

Topics covered

Popular Clips

Trust and Moral Restraint

Moral Restraint and Kantian Ethics

Trust and Moral Taste

Moral Reasoning

Trust and Trade

Trust and the Greater Good

Moral Foundation and Nuanced Reasoning

The Slippery Slope

Trust and Prosperity

The Cost of Opportunism

Third Degree Opportunism

Trust and Moral Beliefs

Changing Moral Beliefs

Trust and Erosion

Specialization and Localized Knowledge

Episode Highlights

Behavioral Economics

Moral Restraints

Moral Foundations

David Rose on the Moral Foundations of Economic Behavior

Topics covered

Popular Clips

Episode Highlights

Behavioral EconomicsDavid Rose examines experimental games and trust experiments to uncover the moral underpinnings of economic behavior. He discusses how these experiments reveal the importance of moral beliefs in fostering trust and economic prosperity.

Behavioral Economics

Moral RestraintsDavid Rose examines the importance of principled moral restraint in economic behavior, highlighting its role in solving the empathy problem and preventing opportunism. He argues that structured moral values are essential for triggering guilt and maintaining trust in large societies.

Moral Restraints

Moral FoundationsDavid Rose discusses the moral foundations of economic behavior, emphasizing the role of trust and moral beliefs in fostering prosperity. He argues that a principled aversion to opportunism is essential for economic actors to engage confidently in markets.

Moral Foundations