Culture and Economic Action
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Culture and Economic Action

Edited by Laura E. Grube and Virgil Henry Storr

This edited volume, a collection of both theoretical essays and empirical studies, presents an Austrian economics perspective on the role of culture in economic action. The authors illustrate that culture cannot be separated from economic action, but that it is in fact part of all decision-making.

Monograph Book

Published in print:
26 Jun 2015
ISBN:
9780857931726
eISBN:
9780857931733
DOI:
https://doi.org/10.4337/9780857931733
Pages:
c 480
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Chapter 2: Economists should study culture

Virgil Henry Storr

Monograph Chapter

Published:
26 June 2015
Category:
Monograph Chapter
DOI:
https://doi.org/10.4337/9780857931733.00007
Pages:
11–47 (37 total)
Collection: Economics 2015

Extract

2. Economists should study culture* Virgil Henry Storr 2.1 INTRODUCTION The truism is apt: context matters. Consider, for instance, how we understand the meaning of a sentence. Of course, the meanings of the individual words in the sentence matter...

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