-/- According to Paul Seabright, “the unplanned but sophisticated coordination of modern economies is a remarkable fact that needs an explanation.” In this paper, I explore what is remarkable about modern economies and investigate what Seabright identifies as the aspect “that needs an explanation.” Essentially, Seabright is interested in the fact that modern economies require a great deal in the way of trustworthy behavior (and trust) in order to function well—and these trust relations must operate specifically among “strangers”! The puzzle (...) for him is how relations of trust (and trustworthiness) among strangers could conceivably have arisen from our tribal evolutionary past. I raise several queries about his diagnosis of this puzzle and of his answer to it. (shrink)

The economic development of the West is under examined in terms of lessons there may be for development strategies employed in the global South today. This article examines the emergence of sustained change in economic growth in Britain in the 19th century, in light of the normative poverty eradication strategies of today. The article focuses not so much on what happened in Britain and why, as on what did not happen during this period of rapid economic development. The purpose of (...) this anachronistic examination is to search for helpful correctives to current poverty eradication thinking and practice. There are two major lessons. First, Britain’s experience of rapid economic growth suggests that social change is unpredictable and thus immune to today’s linear planning models. Second, Britain’s development is a story of changes in the individual and social identity of the British people themselves – the British people changed. A set of proposals in response to these findings is then described. (shrink)

ABSTRACTThe presence of emotional words and content in stories has been shown to enhance a story’s memorability, and its cultural success. Yet, recent cultural trends run in the opposite direction. Using the Google Books corpus, coupled with two metadata-rich corpora of Anglophone fiction books, we show a decrease in emotionality in English-speaking literature starting plausibly in the nineteenth century. We show that this decrease cannot be explained by changes unrelated to emotionality, and that, in our three corpora, the decrease is (...) driven almost entirely by a decline in the proportion of positive emotion-related words, while the frequency of negative emotion-related words shows little if any decline. Consistently with previous studies, we also find a link between ageing and negative emotionality at the individual level. (shrink)

The reply to five reviews of Bourgeois equality in a symposium in EJPE observes that all the reviewers admit the great force of ideas in causing the Great Enrichment. Materialism is dead. Liberalism reigns.

The lack of consensus in stating what Corporate Social Responsibility (CSR) exactly means has led some people to argue that the concept is too vague to offer guidance, while others suggest forgetting about theorising and instead focusing entirely on the development of practical applications such as codes of conduct, standards and reporting initiatives. This article argues that the discussion on CSR as a whole has reached this impasse because it ignores two major underlying problems. First, the fact that CSR is (...) an ideological notion: the definition and use of ‘CSR’ depends on the moral and practical views of the people and organisations involved. Secondly, the debate on CSR lacks a thorough discussion about the nature and role of the firm, the main actor when it comes to accepting and implementing CSR. After explaining our standpoint, this article winds up with the implications of this reframing for the CSR debate, for the efforts to define it and for the efforts to apply it. (shrink)

This paper seeks to establish whether the categories of MacIntyrean virtue ethics as applied to business organizations are meaningful in a non-western business context. It does so by building on research reported in Moore : 363–387, 2012) in which the application of virtue ethics to business organizations was investigated empirically in the UK, based on a conceptual framework drawn from MacIntyre’s work. Comparing these results with an equivalent study in Sri Lanka, the paper finds that the categories are meaningful but (...) that there are both similarities to and considerable differences in the content of these categories from the UK study. The paper draws on aspects of institutional theory to explore and explain these findings. Overall, there is supportive evidence that the categories of MacIntyrean virtue ethics are generalizable, and so can be used to characterize problems of organizational virtue and vice around the world, while providing evidence that there may be polities which are more conducive to the ‘practice-like conduct of production’ : 77–91, 2008). (shrink)