The text deemphasizes the fact that people are social creatures who feel a need to conform to

Question:

The text deemphasizes the fact that people are social creatures who feel a need to conform to norms; Post-

Keynesians emphasize norms.

a. Who shapes these social norms?

b. Does society as a whole benefit from these norms?

c. How does the existence of these norms affect the analysis presented in the text about the way markets work?

(Post-Keynesian)

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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The text deemphasizes the fact that people are social creatures who feel a need to conform to

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a Who shapes these social norms Social norms are shaped by a combination of various factors including cultural values historical traditions institutio...View the full answer

Microeconomics

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