Works like a Charm
Author | : Robert O. McDonald |
Publisher | : State University of New York Press |
Total Pages | : 357 |
Release | : 2023-08-01 |
ISBN-10 | : 9781438494104 |
ISBN-13 | : 1438494106 |
Rating | : 4/5 (04 Downloads) |
Book excerpt: Works like a Charm addresses a simple question: Why are “incentives” everywhere now? From inducements to work harder at our jobs to tax rebates for corporations, “incentive” names a general theory of motivation—according to economists, we are incentive-driven creatures. Yet far from being a neutral generalization, this understanding of human behavior smuggles in a quintessentially economic way of seeing the world. Works like a Charm applies Jacques Lacan's psychoanalytic concept of retroactive causality to explain the metastasis of the language and logic of incentives: To discover an incentive is to place in the untouchable past an economic cause for a contextual, historical force. Tracing “incentive” from its roots in antiquity to its uptake by neoclassical and then Chicago-school economists, Robert O. McDonald diagnoses the spread of incentives across the social, cultural, and political field and warns readers of the dangers of handing over causality to the economists.