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54. Neuroeconomics in Context with Chris Farrell
6 months ago
July 7, 2009 - UBS Forum Lounge, Minnesota Public Radio
Krista sat down with Chris Farrell, chief economics correspondent for American Public Media, to get a broader perspective on the field of neuroeconomics. Farrell gives a sweeping, historical overview of the role of neuroeconomics and how the burgeoning field relates to the larger world of economics.
And, he addresses some of the ethical issues presented by Paul Zak in our program, "The Science of Trust: Economics and Values" [ speakingoffaith.org/programs/2009/neuroeconomics/ ].
Produced and edited by Trent Gilliss.
Krista sat down with Chris Farrell, chief economics correspondent for American Public Media, to get a broader perspective on the field of neuroeconomics. Farrell gives a sweeping, historical overview of the role of neuroeconomics and how the burgeoning field relates to the larger world of economics.
And, he addresses some of the ethical issues presented by Paul Zak in our program, "The Science of Trust: Economics and Values" [ speakingoffaith.org/programs/2009/neuroeconomics/ ].
Produced and edited by Trent Gilliss.
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I am an anthropologist who focused on economics in the third world. I have been bemused by the current economics rediscovery of things that psychology, sociology, and anthropology have know for decades.
The first time I read Paul Samuelson's Economics text and read the description of rational actors in the first chapter, I laughed and put it down.
What I regard as the major issue is the adoption of the economic model to discuss American culture. I remember back when people were no longer workers, but became consumers. Just notice all the ways that the economic model is used to discuss and define our culture - not just our national economic situation. We need to change our view of ourselves to get space for the personal, relational, and cultural values that are so important in making our personal and policy decisions. We make most of our decisions outside the economic model - let's talk a new model.