Everything in Economics is contextual. The trouble is that the standard textbook economics taught to students largely ignores this. George Akerlof’s recent work on identity economics tries to better understand the motivation of people in different contexts. Motivations include the aim of living up to the concept of who we think we should be. Identity is defined as a person’s sense of self, naturally this can change during a lifetime as the context of our lives changes too.

All economic systems are made up of organisations, groups and institutions. What makes them work? What makes them fail?

Why do some communities routinely give more to charities and others less? Why are some societies more innovative and productive? How important is identity in causing and then resolving industrial disputes or in addressing the causes of inner-city riots?

When people identify positively with an organisation or an area in which they live, they usually understand what their roles are and communities have mutually shared goals. Coming into contact with positive role models can have very powerful effects in this respect.

When trust breaks down and when people react negatively to what they regard as unfairness, the loss of social capital and quickly undermine institutions from within.

How important is it within an organisation to forge a common identity - be it a school, a business, a sports club, a mothers’ support group or a religious community. If and when this happens, how might it change the preferences and choices of people who become involved?

Akerlof writes: “When we examine people’s decisions from the perspective of their identities and social norms, we get new answers to many different economic questions”

Identity economics is set to become an increasingly important aspect of modern behavioural economics.

Kilde: http://www.tutor2u.net/blog/index.php/e ... s#extended

Først nu er danske virksomheder og politikere ved at få øjnene op for konsekvenserne af nye store gasforekomster i USA og på sigt i Europa og Danmark: Skifergassen vil ændre kalkulationerne for mange grønne investeringer.

8800 skrev:Jeg fortsætter med at spamme den tråd her

Først nu er danske virksomheder og politikere ved at få øjnene op for konsekvenserne af nye store gasforekomster i USA og på sigt i Europa og Danmark: Skifergassen vil ændre kalkulationerne for mange grønne investeringer.

http://www.business.dk/green/gas-eventy ... ne-fremtid

ntp9 skrev:

8800 skrev:Jeg fortsætter med at spamme den tråd her

Først nu er danske virksomheder og politikere ved at få øjnene op for konsekvenserne af nye store gasforekomster i USA og på sigt i Europa og Danmark: Skifergassen vil ændre kalkulationerne for mange grønne investeringer.

http://www.business.dk/green/gas-eventy ... ne-fremtid

Det havde fuldstændigt undgået min radar: Interessante perspektiver! Men med den danske track record er jeg sikker på, vi nok på en eller anden måde skal få givet rettighederne væk til Norge eller grønlænderne

The “6 percent body fat” meme seems to have originated in a 2010 interview with Mike Allen of Politico. Allen asked him about P90X—“a fad, a craze that you’ve created here on Capitol Hill.” Ryan, who says he once worked as a “fitness trainer,” talks about the workout group, which at the time he led with then-Rep. Bart Stupak (D-Mich.): “Tony Horton, the creator of it, comes by and works out with us every few months. It works because it’s called muscle confusion, it hits your body in many different ways—pull-ups, push-ups, sit-ups, lots of cardio, karate, jump training, yoga. So what it does is it pushes your body in many different ways so that it gets out of its plateau.”


Sounds good. But then he can’t help but brag: “I keep my body fat between 6 and 8 percent,” he tells Allen.

Austerity has worsened Greek crisis, says institute
Institute of International Finance says politicians put desire for debt reduction ahead of efforts to spur growth

Klarlund: Flere unge mænd udvikler farlig megareksi

Megareksi er et begreb der anvendes hyppigere end førhen. Langtfra alle styrketrænende mænd har et problem, men oplever man et altoverskyggende fokus på træning, bør man være på vagt.

Legalising marijuana: most Americans get it, so when will our politicians?
The 'war on drugs', like 1920s Prohibition, has been a miserable failure. America would be better-off with a legal marijuana trade

8800 skrev:

Exercise is a powerful tool for enhancing mental performance and cognitive health

slind skrev:En artikel om solpletter, som jeg havde fået som lektie. Utrolig spændende, hvis man er tilhænger af astronomi

http://fronter.com/naestved-gym/links/f ... 2_2012.pdf

snus skrev:

slind skrev:En artikel om solpletter, som jeg havde fået som lektie. Utrolig spændende, hvis man er tilhænger af astronomi

http://fronter.com/naestved-gym/links/f ... 2_2012.pdf

Gief password! Jeg er en sucker for astronomy, så længe det er i et nogenlunde forståeligt sprog.

8800 skrev:Skifer-gas er hottere end naboens datter for tiden:

http://politiken.dk/indland/ECE1802191/ ... aseventyr/