TY - JOUR
T1 - The credit crunch: Ideological, psychological and epistemological perspectives
AU - Lewis, Alan
PY - 2010/4
Y1 - 2010/4
N2 - Two economic interpretations of the credit crunch are outlined and the question posed whether these are incommensurate ideological positions. Psychological perspectives are then explored including insights from cognitive and social psychology. The argument is made that policy options depend on what constitutes the ‘good society’ and whether the culture of financial institutions can be changed by government intervention, social pressure and human agency. It is concluded that those interested in socio-economics have a duty to engage with alternative discourses.
AB - Two economic interpretations of the credit crunch are outlined and the question posed whether these are incommensurate ideological positions. Psychological perspectives are then explored including insights from cognitive and social psychology. The argument is made that policy options depend on what constitutes the ‘good society’ and whether the culture of financial institutions can be changed by government intervention, social pressure and human agency. It is concluded that those interested in socio-economics have a duty to engage with alternative discourses.
KW - financial crisis
KW - psychological aspects
UR - http://www.scopus.com/inward/record.url?scp=77951080369&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.socec.2010.02.015
U2 - 10.1016/j.socec.2010.02.015
DO - 10.1016/j.socec.2010.02.015
M3 - Article
SN - 1053-5357
VL - 39
SP - 127
EP - 131
JO - Journal of Socio-Economics
JF - Journal of Socio-Economics
IS - 2
ER -