The Power of Ideas
Larry Iannaccone emphasizes that religion is not just about the supernatural, but also about the power of ideas in shaping our behavior. He highlights the importance of beliefs in building group cohesiveness and the limitations of market transactions in obtaining certain social and spiritual goods. Russ Roberts adds that love and affection cannot be bought, but can only be given and received. The discussion explores the intertwining of material and social goods in successful religions.In this clip
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EconTalk
Larry Iannaccone on the Economics of Religion
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