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Collective Institutions in Industrialized Nations

Samuel Enajite Enajero, Ph.D.

$15.95

ﾠFundamental institutions are core values that originate from beliefs. Beliefs reflect on behaviors and repeated behaviors become habits. Shared habits are peoples values, which when ingrained beco...
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ﾠFundamental institutions are core values that originate from beliefs. Beliefs reflect on behaviors and repeated behaviors become habits. Shared habits are peoples values, which when ingrained become norms and customs. Societies that believed in human interdependency formed collective institutions. These institutions are compatible with modern economic prosperity. Thus, Contrary to conventional economic teaching, which implies that behaviors, including preferences are biologically determined, all socially relevant behaviors, including economic behaviors are acquired, learned and routinized through habits (institutions) in which individuals find themselves. Again, contrary to popular beliefs that economics is about
Samuel Enajite Enajero, Ph.D. | 9781682136645 | POL000000 | book-has-featured-image

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