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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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
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