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Evolution and Human Nature

[Symposium: Evolutionary Economics]

By Arthur J. Robson

Journal of Economic Perspectives, Spring 2002

This paper considers how biological evolution shaped the elements of a simple but complete model of economic decision making. These elements are preferences, beliefs and rationality. Whereas Nature might impose preferences over consumption on the individu...

The Inheritance of Inequality

[Symposium: Intergenerational Mobility]

By Samuel Bowles and Herbert Gintis

Journal of Economic Perspectives, Summer 2002

How level is the intergenerational playing field? What are the causal mechanisms that underlie the intergenerational transmission of economic status? Are these mechanisms amenable to public policies in a way that would make the attainment of economic succ...