This chapter emphasized the importance of the relationship between how the economic system is organized and value

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This chapter emphasized the importance of the relationship between how the economic system is organized and value systems. Knowing that how I raise my child will greatly shape how he or she will ultimately fit into the social and economic process, should I raise my child to be selfless, compassionate, and dedicated to advancing the well-being of others, knowing she will probably be poor; or shall I raise her to be self-centered, uncaring, and greedy to increase her chances to acquire personal fortune? Which decision is just and why? (Institutionalist)

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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