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A Skeptical Studies Curriculum Resource

The Mind of the Market

In this lecture Shermer addresses three aspects of evolution and economics: (1) How the market has a mind of its own—that is, how economies evolved from hunter-gathering to consumer-trading. (2) How minds operate in markets—that is, how the human brain evolved to operate in a hunter-gatherer economy but must function in a consumer-trader economy. (3) How minds and markets are moral—that is, how moral emotions evolved to enable us to cooperate and how this capacity facilitates fair and free trade.

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