Jag Bhalla writes: \u00a0Economics is in our nature. But it is not, as most economists promote, the narrowly self-interested kind. Our paleo-economics required inalienable other-interestedness. The logic of our \u201cnatural economics\u201d can help tame modern market errors.<\/p>\n
There are\u00a0three evolutionary ideas\u00a0that economics can benefit from \u2014evolution and economics are both in the \u201cproductivity selection\u201d business.<\/p>\n
First, anthropologist Christopher Boehm\u2019s\u00a0work\u00a0on our evolved moral-rule processors.<\/p>\n
Second, economist Robert Frank\u2019s\u00a0\u201cDarwin\u2019s Wedge\u201d\u00a0patterns that show how competition can create inefficiency.<\/p>\n
Third, studying \u201cobjective moralities\u201d can fix the \u201cNaturalistic fallacy,\u201d and describe an as yet unnamed natural principle that \u201csurvival of the fittest\u201d must yield to.<\/p>\n
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Rethinking Economics 101<\/a><\/strong><\/p>\n Jag Bhalla writes: \u00a0Economics is in our nature. But it is not, as most economists promote, the narrowly self-interested kind. Our paleo-economics required inalienable other-interestedness. The logic of our \u201cnatural economics\u201d can help tame modern market errors. There are\u00a0three evolutionary … Continue reading ![\"Hunt](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/12\/Hunt-and-Gather.jpg\")
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