The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray. Part of the problem is due to Smith’s "veil of ignorance": individuals unknowingly pursue society’s interest and, as a result, have no clue as to the macroeconomic effects of their actions: witness the Keynes and Leontief multipliers, the concept of value added, fiat money, Engel’s law and technical progress, to name but a few of the macrofoundations of microeconomics. A good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan’s economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker’s Rule. Very simply, the banks, whose lending determined deposits after Roosevelt, and were a public service became private enterprises whose deposits determine lending. These underlay the great moderation preceding 2006, and the subsequent crash.

The Economic Institutions of Capitalism

EDITORIAL BOARD Robert Davison Aviles, Bradley University Harley E. Baker, California State University–Channel Islands Jean-Guy Blais, Universite de Montreal, Canada Catherine Y. Chang, Georgia State University Robert C. Chope, San Francisco State University Kevin O. Cokley, University of Missouri, Columbia Patricia B. Elmore, Southern Illinois University Shawn Fitzgerald, Kent State University John J. Fremer, Educational Testing Service Vicente Ponsoda Gil, Universidad Autonoma de Madrid, Spain Jo-Ida C. Hansen, University of Minnesota Charles C. Healy, University of California at Los Angeles Robin K. Henson, University of North Texas Flaviu Adrian Hodis, Victoria University of Wellington, New Zealand Janet K. Holt, Northern Illinois University David A. Jepsen, The University of Iowa Gregory Arief D. Liem, National Institute of Education, Nanyang Technological University Wei-Cheng J. Mau, Wichita State University Larry Maucieri, Governors State College Patricia Jo McDivitt, Data Recognition Corporation Peter F. Merenda, University of Rhode Island Matthew J. Miller, University of Maryland Ralph O. Mueller, University of Hartford Jane E. Myers, The University of North Carolina at Greensboro Philip D. Parker, University of Western Sydney Ralph L. Piedmont, Loyola College in Maryland Alex L. Pieterse, University at Albany, SUNY Nicholas J. Ruiz, Winona State University James P. Sampson, Jr., Florida State University William D. Schafer, University of Maryland, College Park William E. Sedlacek, University of Maryland, College Park Marie F. Shoffner, University of Virginia Len Sperry, Florida Atlantic University Kevin Stoltz, University of Mississippi Jody L. Swartz-Kulstad, Seton Hall University Bruce Thompson, Texas A&M University Timothy R. Vansickle, Minnesota Department of Education Steve Vensel, Palm Beach Atlantic University Dan Williamson, Lindsey Wilson College F. Robert Wilson, University of Cincinnati

measurement and evaluation in counseling and Development

The present study investigated whether satis- faction and frustration of the psychological needs for autonomy, relatedness, and competence, as identified within Basic Psychological Need Theory (BPNT; Deci and Ryan, Psychol Inquiry 11:227-268, 2000; Ryan and Deci, Psychol Inquiry 11:319-338, 2000), contributes to participants' well-being and ill-being, regardless of their cultural back- ground and interpersonal differences in need strength, as indexed by either need valuation (i.e., the stated importance of the need to the person) or need desire (i.e., the desire to get a need met). In Study 1, involving late adolescents from Belgium and China (total N = 685; Mean age = 17 years), autonomy and competence satisfaction had unique associations with well-being and individual differences in need valuation did not moderate these associations. Study 2 involved participants from four culturally diverse nations (Belgium, China, USA, and Peru; total N = 1,051; Mean age = 20 years). Results provided evidence for the mea- surement equivalence of an adapted scale tapping into both need satisfaction and need frustration. Satisfaction of each of the three needs was found to contribute uniquely to the prediction of well-being, whereas frustration of each of the three needs contributed uniquely to the prediction of ill- being. Consistent with Study 1, the effects of need satis- faction and need frustration were found to be equivalent across the four countries and were not moderated by indi- vidual differences in the desire for need satisfaction. These findings underscore BPNT's universality claim, which states that the satisfaction of basic needs for autonomy, relatedness, and competence represent essential nutrients for optimal functioning across cultures and across individ- ual differences in need strength.

Basic psychological need satisfaction, need frustration, and need strength across four cultures

EIGHT members of the Yale Institute of Human Relations have co-operated to produce this book The result is not a mere juxtaposition of uncoordinated viewpoints but a unity of aim and consistency in presentation which make the multiple authorship almost undetectable Whatever judgment one may make about the value of the hypothesis elaborated in the book, there can be little doubt that the intimate collaboration of a team of specialists, each with a distinctive training, is a profitable way of examining a problem which has no clear-cut frontiers and which does not fall neatly into one of the conventional compartments of social study Frustration and Aggression By John Dollard Neal E Miller Leonard W Doob O H Mowrer Robert R Sears, in collaboration with Clellan S Ford, Carl Iver Hovland and Richard T Sollenberger (International Library of Sociology and Social Reconstruction) Pp ix + 150 (London: Kegan Paul and Co, Ltd, 1944) 10s 6d net

Frustration and Aggression

The present meta-analysis integrates research from 1,435 studies on associations of parenting dimensions and styles with externalizing symptoms in children and adolescents. Parental warmth, behavioral control, autonomy granting, and an authoritative parenting style showed very small to small negative concurrent and longitudinal associations with externalizing problems. In contrast, harsh control, psychological control, authoritarian, permissive, and neglectful parenting were associated with higher levels of externalizing problems. The strongest associations were observed for harsh control and psychological control. Parental warmth, behavioral control, harsh control, psychological control, autonomy granting, authoritative, and permissive parenting predicted change in externalizing problems over time, with associations of externalizing problems with warmth, behavioral control, harsh control, psychological control, and authoritative parenting being bidirectional. Moderating effects of sampling, child's age, form of externalizing problems, rater of parenting and externalizing problems, quality of measures, and publication status were identified. Implications for future research and practice are discussed. (PsycINFO Database Record

Associations of parenting dimensions and styles with externalizing problems of children and adolescents: An updated meta-analysis.

The purpose of the present study was to examine the existing association between cultural value orientation, authoritarian parenting, and bullying and victimization at school. The participants (N = 231) were early adolescents, randomly selected from 11 different schools in urban and rural areas of Cyprus. Participants completed self reports measuring cultural value orientation, authoritarian parenting, bullying, and victimization. These instruments were the following: the cultural value scale (CVS), the parental authority questionnaire (PAQ), and the revised bullying and victimization questionnaire (BVQ-R). Structural equation modeling (SEM) was used to examine mediation effects. It was found that vertical individualism acted as a mediator between authoritarian parenting and bullying. Statistically significant positive correlations were found between authoritarian parenting and the vertical dimensions of both cultural value orientations (individualism and collectivism), but not with the horizontal dimensions of either cultural orientation. Further, authoritarian parenting was also positively associated with bullying and victimization at school. The main contribution of the present study is the finding that vertical individualism significantly mediates the relationship between authoritarian parental style and bullying propensity.

Cultural value orientation and authoritarian parenting as parameters of bullying and victimization at school.

In contemporary research on autonomy development, autonomy has been defined as independence (vs. dependence) or as self-endorsed (vs. controlled) functioning. Analogously, perceived parental autono...

Does parental autonomy support relate to adolescent autonomy? An in-depth examination of a seemingly simple question

Effects of status and outcome on attributions and just-world beliefs: How the social distribution of success and failure may be rationalized

This study aimed at examining the existing relation among parenting, cultural value orientation, and bullying propensity at school The participants (N = 231) were early adolescents randomly selected from 11 different schools in urban and rural areas of Cyprus The results showed that a statistically significant relation exists between parental authoritarianism and child bullying propensity In contrast, no such relation was found between bullying and the authoritative parenting style An argument that has been proposed by prior research is that bullying incidents in collectivistic types of cultures can be attributed to the authoritarian parenting style that is widely used and valued in such cultures However, authoritarian parenting was found to be positively correlated with the vertical dimension of both collectivistic and individualistic value orientation Further, the results of this study show that children with vertical cultural value orientation are more likely to engage in bullying only when they 

Authoritarian Parenting, Power Distance, and Bullying Propensity

This research contributes to progress in comprehension of the construct of opportunism and defection through investigation of some personality correlates of opportunism. It reports the results of 3 studies that aim to explore the relationships between economic opportunism and autonomy, agreeableness, and well-being. The first 2 studies (Ns = 193 and 169) examined the correlation between opportunistic propensity, as measured by an economic opportunism scale with measures of autonomy, control, impersonal orientation, Big Five, and psychological well-being. Consistent with predictions, opportunism was positively correlated with control and impersonal orientations; and negatively correlated with autonomy, agreeableness, and psychological well-being. Study 3 (N = 61) showed that the level of cooperation in a trust game was negatively correlated with control orientation.

Kyriaki Fousiani

Papers

Cultural value orientation and authoritarian parenting as parameters of bullying and victimization at school.

Does parental autonomy support relate to adolescent autonomy? An in-depth examination of a seemingly simple question

Effects of status and outcome on attributions and just-world beliefs: How the social distribution of success and failure may be rationalized

Authoritarian Parenting, Power Distance, and Bullying Propensity

About Some Personality Misfortunes of Opportunists The Negative Correlation of Economic Defection With Autonomy, Agreeableness, and Well-Being