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Showing posts with the label economics

Exchanging 'Reasons' for 'Values'

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Julia Haas is a McDonnell Postdoctoral Fellow in the Philosophy-Neuroscience-Psychology program at Washington University in St. Louis. Her research focuses on decision-making. Over the past two decades, computational and neurobiological research has had a big impact on the field of economics, bringing into existence a new and prominent interdisciplinary field of inquiry, ‘neuroeconomics.’ The guiding tenet of neuroeconomics has been that by combining both theoretical and empirical tools from neuroscience, psychology and economics, the resulting synthesis could provide valuable insights into all three of its parent disciplines (Glimcher 2009). And although some economists have resisted the influence of neuroscience research (Gul and Psendorfer 2008), neuroeconomics has by all measures thrived as a theoretical endeavor, and proven itself as a discipline capable of marshaling substantial institutional and financial resources. For example, theories from economics and psychology have alre...

Enhancement and Social Possibility

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By Ross Gordon In their recent paper on neuroenhancement, Brian Earp and his colleagues draw a distinction between “functional enhancement [and] enhancement of well-being,” arguing that the former, dominant construction cannot deal with the ways in which welfare is often enhanced by functional diminishment. On these grounds, the authors propose a “ welfarist ” paradigm, which defines enhancement as “any change in the biology or psychology of a person which increases the chances of leading a good life in a given set of circumstances.” On one level, I think Earp's welfarist approach both clarifies debates about enhancement and usefully broadens the set of interventions that could be understood as “enhancing.” On another level, however, I think his discussion of welfare begs a set of far more crucial questions: namely, what does it mean to talk about a “good life,” what “given set of circumstances” exist, and what is the relationship between individual welfare and broader social stru...

Diagnosed with a bad case of growing up poor?

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What if how wealthy your parents were before you were born and while you were developing changed who you are, how smart you are and how well you are going to do in life? Well, it turns out that your socioeconomic status during development really does affect your life that dramatically. In a recent review by Meany et al. the authors discuss how different aspects of low socioeconomic status affect childhood development. In the first part of this blog post I will discuss the findings of this article and in the second I will discuss the ethical issues of discussing this type of human condition as a disease. Socioeconomic status' influence on development ( source ) According to Meany et al. socioeconomic status has wide ranging and influential effects on the developmental outcomes of childhood development. These effects may be accounted for by three quantifiable variables: access to quality prenatal care, the quality of parental care, and the quality of stimulation from the home en...

Parental care of rodents is not the same as socioeconomic status in humans.

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The question of socioeconomic status in scientific research is an interesting one. Many experiments do not take socioeconomic status into account, yet studies show that socioeconomic status can significantly alter the human brain. The article, “Socioeconomic status and the brain: mechanistic insights from human and animal research” addresses some of these issues. However, one of the main problems I noticed with this article is the equivalence of socioeconomic status with quality of parental care. The article seems to associate lower socioeconomic status with parental neglect. Conversely, higher socioeconomic status is associated with higher quality parental care. While there may in fact be a correlation, status is by no means a perfect predictor of parental quality. Parental care in rats ( source ) One of the studies cited in the article uses lack of grooming in rats as a model for low socioeconomic status based on the idea that parental care is equated to status. However, this model s...

Response to "Socioeconomic status and the brain: mechanistic insights from human and animal research"

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As we have witnessed firsthand through the recent presidential election campaign season, this topic is as electrifying as any, placing labels of “haves” and “have-nots”. With the notion held by some that this is due to a lack of effort or motivational drive alone, disdain is often an emotion conjured in the minds of many when discussing poverty; but, what if the differences between an individual of high socioeconomic status and lower status was more than just attitudes, but was actually manifestation of completely different thought process? What if just the idea of being of a lower socioeconomic status was detrimental or toxic to the long-term development of the brain? Socioeconomic status might have neural effects ( source ) Numerous studies have begun to bring to light evidence that perhaps motivation or will may not be the only difference between socioeconomic status (SES), but it may lie even more intrinsically. Some evidence exists that individuals of different socioeconomic st...