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Joel Mokyr states that norms and beliefs conducive to economic activity began to take hold in...

Joel Mokyr states that norms and beliefs conducive to economic activity began to take hold in Britain due to a culture that demoted opportunistic individual behavior.

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opportunistic individual behavior leads your being demoted from your current position. this is because you are ready to maximize your self interest at the cost of someone else loosing his utility. so the culture that motivated such an self interest based vision was basically dominated by the norms and beliefs of the individuals in the economic activity.

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