Extended Audio Sample

Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being Audiobook (Unabridged)

Extended Audio Sample Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being (Unabridged), by George Akerlof
3.25 out of 53.25 out of 53.25 out of 53.25 out of 53.25 out of 5 3.25 (0 ratings) (rate this audio book) Author: George Akerlof Narrator: Sean Pratt Publisher: Gildan Media LLC Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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In 1995, economist Rachel Kranton wrote future Nobel Prize - winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people - facing the same economic circumstances - would make different choices. This was the beginning of a 14-year collaboration - and of Identity Economics.

Identity economics is a new way to understand people's decisions at work, at school, and at home. With it, we can better appreciate why incentives like stock options work or don't; why some schools succeed and others don't; why some cities and towns don't invest in their futures - and much, much more.

Identity Economics bridges a critical gap in the social sciences. It brings identity and norms to economics. People's notions of what is proper, and what is forbidden, and for whom, are fundamental to how hard they work, and how they learn, spend, and save. Thus people's identity - their conception of who they are, and of who they choose to be - may be the most important factor affecting their economic lives. And the limits placed by society on people's identity can also be crucial determinants of their economic well-being.

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Listener Reviews

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Review by Shannon | 5/22/2011

    " Akerlof offers a very accessible take on the way in which cultural and identity shapes our consumption decisions. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Review by Ismail | 1/12/2011

    " Identity Economic Theory which asses the supply and demand involved with identity and their commitment to the task at hand. Goffman's Marry-go-round theory. Works well. "

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