Michael Foucault argued that 'the self' is socially constructed. So far as that is true, inhabitants of consumer societies have probably all internalized the social and institutional celebration of consumption, to varying extents, and this will have shaped our identities and worldviews, often in...

To reduce a negative externality, socially responsible households can invest responsibly (SRI), consume responsibly (SRC), or do both. Which is better? In a closed microeconomic model with intertwined product and capital markets, we analyze how responsible households should use SRI and SRC to...