Re: [OT] Re: Fings we was lernt rong in skool

On 18/01/08 09:54, Mike Page wrote:
LFS wrote:

Indeed. I have heard the view expressed that Enron and similar
recent scandals happened because the perpetrators learned about
agency theory in their MBA studies and believed that that was the
way the world worked. If all managers are assumed to be motivated
by greed, they may adapt their behaviour to match this assumption.

But my erudite and charming friend Professor Page argues that such
models can still be a helpful way of understanding the world.
... Indeed this is so. I think it is likely that the models of human
behaviour offered by religion have caused many times more misery and
devastation than the dull scribblings of economists. Economists,
after all, acknowledge that their assumptions are untrue.

Earlier this evening I was watching a TV documentary on Mormonism.
Apparently many Mormons now accept that the revelations of Smith are
implausible. They keep their religion anyway, for reasons that haven't
yet been explained. If there's no explanation in Part 2, I might ask an
economist.

--
Peter Moylan, Newcastle, NSW, Australia. http://www.pmoylan.org
For an e-mail address, see my web page.
.

Relevant Pages

  • In Defense of Religious Fundamentalism in Bangladesh: How the Fear of Hell Might Fire Up the Economy
    ... economic growth, many economists are increasingly finding. ... factors, such as religion. ... capitalism in Western Europe and America. ...
    (sci.econ)
  • Re: [OT] Re: Fings we was lernt rong in skool
    ... devastation than the dull scribblings of economists. ... Earlier this evening I was watching a TV documentary on Mormonism. ... They keep their religion anyway, ... Mormon theology is no more implausible than the Christian ...
    (alt.usage.english)
  • Re: Obama, U.S. President #44
    ... Remember that 'prominent theologians' would include the Haggarts, ... speak for economists, but I presume they're in the same boat. ... The link between physics and religion is natural though. ...
    (alt.guitar.amps)
  • Re: Obama, U.S. President #44
    ... "It was, of course, a lie what you read about my religious ... I figure if Einstein's views on religion or economics are useful then we'll want to know what prominent economists or theologians of the day thought about physics. ...
    (alt.guitar.amps)