How does the existence of the norms affect the analysis


Problem

The text deemphasizes the fact that people are social creatures who feel a need to conform to norms; Post-Keynesians emphasize norms.

a. Who shapes these social norms?

b. Does society as a whole benefit from these norms?

c. How does the existence of these norms affect the analysis presented in the text about the way markets work? (Post-Keynesian)

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How does the existence of the norms affect the analysis
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