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On the normative consequences of economic rationality : a case study of a Swedish economics school in Latvia
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Racko, Girts. (2011) On the normative consequences of economic rationality : a case study of a Swedish economics school in Latvia. European Sociological Review, Vol.27 (No.6). pp. 772-789. ISSN 0266-7215
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Official URL: http://dx.doi.org/10.1093/esr/jcq040
Abstract
The present study explores the normative consequences of economics education at the Stockholm School of Economics in Riga (SSER), a Swedish government sponsored highly selective economics school in Latvia. Following Tonnies’ ([1887] 1996) theory of action derived from logical relations between means and ends, the present study explores value change among economics students using the state-of-the-art empirical approach to value measurement (Schwartz, 1992) in a methodologically rigorous longitudinal research design. The study is based on a self-administered 2-year in-class longitudinal survey of economics undergraduates at the Swedish School and a comparison group of their academic counterparts from the two leading Latvian universities. Controlling for the influences of the demographic composition of student population, the study reveals a systematic and distinctive pattern of value change among economics students at the Swedish School. During the 2 years of economics education at the School, students experience an increase in the importance attributed to status-oriented values that conceptually tap motivational content of instrumental rationality. The findings of the study also suggest that the identified pattern of value change cannot be conceived as a consequence of student self-selection into the economics programme.
| Item Type: | Journal Article |
|---|---|
| Divisions: | Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management Faculty of Social Sciences > Warwick Business School |
| Journal or Publication Title: | European Sociological Review |
| Publisher: | Oxford University Press |
| ISSN: | 0266-7215 |
| Date: | 2011 |
| Volume: | Vol.27 |
| Number: | No.6 |
| Page Range: | pp. 772-789 |
| Identification Number: | 10.1093/esr/jcq040 |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Restricted or Subscription Access |
| URI: | http://wrap.warwick.ac.uk/id/eprint/50826 |
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