Following a stream of experimental results (e.g. Marwell and Ames 1981, Carter and Irons 1991, Frank et al. 1993, Yezer et al. 1996, Selten and Ockenfelds 1998, Frank and Schulze 2000, Frey and Meier 2002, Rubinstein 2006), it has become common to believe that economists are more selfish than...

The professional life of economists takes place within the boundaries of the institution of academic economics. Belonging to the institution enable economists in many ways. It provides a context wherein their contribution is meaningful. But it constrains, too, what economists are allowed to do...

There is an emerging consensus among scholars that a unified definition of social entrepreneurship would empower better research and legitimize the entire field. In spite of these benefits, none of the four definitions identified here is clearly superior to the others. Moreover, a unified...

Behavioural Economics' milestones, Endowment Effect and Loss Aversion, have been recognized as 'well documented,' 'robust,' and 'important' even by the critics. But well documented, robust, and important what? Are these stylized facts, theoretical constructs, or psychological truths? Do they...

The poet Ezra Pound (1885-1972) was a moralist who regarded economics as key to understanding human society, and thereby to solve most social problems. He became a prolific writer of economic texts, in which he espoused the ideas of two heretic economists: Major Clifford Douglas’ social credit...