''The Economy of Esteem'' is a book by

Geoffrey Brennan Geoffrey Brennan (September 15, 1944–July 29, 2022) was an Australian philosopher. He was professor of philosophy at the University of North Carolina at Chapel Hill, professor of political science at Duke University, and faculty member in the ...

and

Philip Pettit Philip Noel Pettit (born 1945) is an Irish philosopher and political theorist. He is the Laurance S. Rockefeller University Professor of Politics and Human Values at Princeton University and also Distinguished University Professor of Philos ...

describing the role of

self-esteem Self-esteem is confidence in one's own worth or abilities. Self-esteem encompasses beliefs about oneself (for example, "I am loved", "I am worthy") as well as emotional states, such as triumph, despair, pride, and shame. Smith and Mackie (2007) d ...

and

honour Honour (British English) or honor (American English; American and British English spelling differences#-our, -or, see spelling differences) is the idea of a bond between an individual and a society as a quality of a person that is both of socia ...

in the

economy An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...

. It was published in 2005 by

Oxford University Press Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print books ...

. According to WorldCat, the book is held in 466 libraries It has been reviewed by in ''Politics, Philosophy & Economics,'' by Bo Rothstein in ''Perspectives in Politics'' in ''Politische Vierteljahresschrift'', in ''Ethics'', in ''Journal of Economics'', in ''Economics and Philosophy,'', in '' Journal of European Social Policy,'', and in ''L'Année sociologique''Frédéric Minner, '' L'Année sociologique (1940/1948-)'' v58 n2 (2008): 491-49

/ref> According to Brennan, others who have historically paid attention to the role of esteem in

motivation Motivation is the reason for which humans and other animals initiate, continue, or terminate a behavior at a given time. Motivational states are commonly understood as forces acting within the agent that create a disposition to engage in goal-dire ...

range "from Cicero and Polybius through Thomas Aquinas to Hobbes, Locke, Montesquieu, Hume, the American Founding Fathers, Kant, and notably Adam Smith", although Brennan argues that modern 'invisible hand' economics neglects the importance of esteem. Esteem is unique among currencies because it cannot be traded ("esteem is necessarily produced under conditions of

autarky Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. Autarky as an ideal or method has been embraced by a wide range of political ideologies and movements, especially ...

") and is subject to the

paradox of hedonism The paradox of hedonism, also called the pleasure paradox, refers to the practical difficulties encountered in the pursuit of pleasure. For the hedonist, constant pleasure-seeking may not yield the most actual pleasure or happiness in the long term ...

."The Esteem Engine: a Resource For Institutional Design." by Geoffrey Brennan "Academy of the Social Sciences in Australia Occasional Paper 2005/
link
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References

{{DEFAULTSORT:Economy of Esteem Reputation management Economics books 2005 non-fiction books Oxford University Press books