Titlebook: Metaeconomics; Tempering Excessive Gary D. Lynne Book 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Spr

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https://doi.org/10.1007/978-3-030-50601-8Metaeconomics; Behavioral Economics; Experimental Economics; Capitalism; Market Economy; Dual Interest Th

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Gary D. LynneExplains the Metaeconomics Framework and Dual Interest Theory, which give an alternative way to address economic questions.Brings the moral and ethical dimension back into focus in economics, as Adam

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Palgrave Advances in Behavioral Economicshttp://image.papertrans.cn/m/image/631331.jpg

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978-3-030-50603-2The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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Metaeconomics978-3-030-50601-8Series ISSN 2662-3846 Series E-ISSN 2662-3854

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Financial Policy: Tempering Greed,l within each person in the market. The other-interest can be used as the basis for nudging the Self-interest on to better paths; when that fails, then the Other-interest needs to be brought to bear in government controls, like the old Glass-Steagall Act, which was in effect revived to temper and bound the banks and Wall Street.

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Food Policy: Stability, Sustainability, and Safety, the key was to not only offer financial incentives but to also induce Empathy conservation, a shared Other-interest. It was about nudging farmers into considering downstream effects of on-farm practices. Safe food is also an essential shared other-interest, leading to sharing in the costs of setting and ensuring food standards.