Tag Archives: greed

Emergence of Social Cohesion in a Society of Greedy Individuals

Human wellbeing in modern societies relies on social cohesion, which can be characterized by high levels of cooperation and a large number of social ties. Both features, however, are frequently challenged by individual self-interest. In fact, the stability of social … Continue reading

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Managers’ Self-Interest, Greed, and Altruism

We explore the potential effects of managers’ greed and altruism on their behaviors and firm outcomes. Greed represents extreme self-interest whereas altruism reflects concern for others. We argue that managerial greed leads to a focus on short-term decisions and short-term … Continue reading

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Polis and Revolution: Responding to Oligarchy in Classical Athens

During the turbulent last years of the fifth century BC, Athens twice suffered the overthrow of democracy and the subsequent establishment of oligarchic regimes. In an in-depth treatment of both political revolutions, Julia Shear examines how the Athenians responded to … Continue reading

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‘Greed is the Beginning of Everything’

Tomas Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it’s actually a cultural phenomenon, a product of our civilization. It began within philosophy–Adam Smith … Continue reading

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