The Economics of Influence
The Economics of Influence
The complexity frame leads to a number of changes in the way we think of economic policy. This chapter considers norms policy because it is expected to be the most controversial. It argues that, as part of its economic policy, a society should have a norms policy through which institutions are developed to better allow people to express their collective choice about what norms and tastes should be encouraged and discouraged by society, and that such a policy should be integrated into the institutional structure of society. The essential trick is to design such policies so that they allow norms to emerge from the bottom up and not impose them from the top down. That is difficult and complicated to do.
Keywords: complexity frame, complexity science, norms policy, economic policy
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