Re: Identity Economics (Will Wilkinson & Rachel Kranton)
It sounds interesting but I hope this isn't another "Animal Spirits", Akerlof's (with Thaler) last pamphlet of poorly argued, dryly written, overstated, general-theory nit-pickery.
I admit this sounds much more promising. The idea that psychology affects economies was no where near as revolutionizing or grand-unifying as AS tried to make it sound. But at least an economic discussion of identity is more original.
The military is I think a perfect example. There are, of course, no external incentives to jump on a hand grenade.