Institutions and Morals: A Reply
Armin Falk and Nora Szech
European Journal of Political Economy, 2015, Vol. 40, 391-394; DOI:10.1016/j.ejpoleco.2015.07.003
- Date: 2015
Breyer and Weimann (2015) suggest interpreting the results of our study on Morals and Markets (2013a,b) in "the opposite way". In the following, we briefly discuss why this claim is unwarranted. We hope that these clarifications will help inspiring future work on causal effects of markets and other institutions on moral values.