Overview

Full Product Details

9780226827087

Table of Contents

Reviews

“The Price of Our Values is a hugely interesting and important book which draws from a wide range of disciplines beyond economics—including philosophy, sociology, and psychology. The authors highlight the deep flaws inherent in consequentialism and utilitarianism that are fundamental to most neoclassical economics, and they offer ideas as to how and why a broader sense of morality must become fundamental to economics analysis.” -- Rebecca M. Henderson | Harvard University “Economists like to separate economic choices from moral ones, but ordinary, everyday people do not. The Price of Our Values makes a compelling theoretical and empirical case for why the economists’ position is untenable in the modern age.” -- Luigi Zingales | University of Chicago and cohost of Capitalisn’t “Landier and Thesmar provide a clear approach on integrating economic and moral arguments into a unified framework. There is much to learn from both their analysis and clever examples.” -- Andrei Shleifer | coauthor of ""A Crisis of Beliefs: Investor Psychology and Financial Fragility""

“The Price of Our Values is a hugely interesting and important book which draws from a wide range of disciplines beyond economics—including philosophy, sociology, and psychology. The authors highlight the deep flaws inherent in consequentialism and utilitarianism that are fundamental to most neoclassical economics, and they offer ideas as to how and why a broader sense of morality must become fundamental to economics analysis.” -- Rebecca M. Henderson | Harvard University “Economists like to separate economic choices from moral ones, but ordinary, everyday people do not. The Price of Our Values make a compelling theoretical and empirical case for why the economists’ position is untenable in the modern age.” -- Luigi Zingales | University of Chicago and cohost of Capitalisn’t

Author Information

Augustin Landier is professor of finance at HEC Paris. He has previously taught at the Toulouse School of Economics, New York University, and the University of Chicago and served as a member of the French Council of Economic Analysis. In 2014, he was named “France’s Best Young Economist” by Le Monde. David Thesmar is the Franco Modigliani Professor of Financial Economics and professor of finance at the MIT Sloan School of Management. He has previously served as a member of the French Council of Economic Analysis. In 2007, he was named “France’s Best Young Economist” by Le Monde. With Augustin Landier, he writes a regular column for the French daily newspaper Les Echos.

Tab Content 6

Countries Available