{"product_id":"the-price-of-our-values-the-economic-limits-of-moral-life-9780226827087","title":"The Price of Our Values: The Economic Limits of Moral Life","description":"\u003cp\u003e\u003cb\u003eThe economic case for self-interest at the outer limits of being morally good.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e Modern life is an exercise in discomfort. In the face of endless injustice, how much selfishness is permissible? How do we square suffering elsewhere with our hope to thrive at home? How does one strive for the greater good while guarding one's personal interests? \u003ci\u003eThe Price of Our Values \u003c\/i\u003eargues that the answers to these questions are economic: by weighing our sense of the personal costs associated with the outer limits of our moral beliefs. \u003c\/p\u003e\u003cp\u003e These tradeoffs--the want to be good, the personal costs of being good, and the points at which people abandon goodness due to its costs--are somewhat unsettling. But as economists Augustin Landier and David Thesmar show, they are highly predictable, even justified. Our values guide us, but we are also forced to consider economic costs to settle decisions. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Price of Our Values\u003c\/i\u003e is an economic reckoning with the universal unease of contemporary moral life. Wielding insights from the philosophical founders of the field, Landier and Thesmar provide frameworks for thinking about the place of values--justice, freedom, beauty-- in the decisions of modern life. They do so in terms that seek to be consistent with both our good intentions and their limits. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eAugustin Landier \u003c\/b\u003eis professor of finance at HEC Paris. He has previously taught at the Toulouse School of Economics, New York University, and the University of Chicago and served as a member of the French Council of Economic Analysis. In 2014, he was named \"France's Best Young Economist\" by \u003ci\u003eLe Monde\u003c\/i\u003e. \u003cb\u003eDavid Thesmar\u003c\/b\u003e is the Franco Modigliani Professor of Financial Economics and professor of finance at the MIT Sloan School of Management. He has previously served as a member of the French Council of Economic Analysis. In 2007, he was named \"France's Best Young Economist\" by \u003ci\u003eLe Monde\u003c\/i\u003e. With Augustin Landier, he writes a regular column for the French daily newspaper \u003ci\u003eLes Echos.\u003c\/i\u003e\u003cbr\u003e","brand":"University of Chicago Press","offers":[{"title":"Default Title","offer_id":51384445665554,"sku":"9780226827087","price":17.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_acc05cf3-7ac8-4e26-b314-e6010d2e0d77.jpg?v=1750174367","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-price-of-our-values-the-economic-limits-of-moral-life-9780226827087","provider":"Surprise Castle","version":"1.0","type":"link"}