The Rise and Fall of Homo Economicus

The Rise and Fall of Homo Economicus PDF Author: Yannis Papadogiannis
Publisher: Createspace Independent Publishing Platform
ISBN: 9781499646672
Category : Economic man
Languages : en
Pages : 0

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Book Description
For financial journalist Yannis Papadogiannis, the problem with the economic science that failed to predict the financial crisis that began unfolding in 2007 is clear. While modern economic theory relies on rational humans, The Rise and Fall of Homo Economicus busts the myth of the rational human wide open, demonstrating how, in the real world, Homo sapiens are far from fully rational creatures. Papadogiannis walks readers through the history of modern economics and reveals a consistent pattern of certainty and the illusion of control among economists leading into every crisis since the seventeenth century. He presents findings from disciplines such as neuroscience, psychology, and sociology that overturn the economist's idealized view of human nature, revealing that rationality is but one quality ruling behavior. In terms that anyone can understand, and drawing from a vast bibliography of well-known references, the book contrasts the imaginary universe of modern economics with the complex, dynamic, chaotic reality that more accurately describes our existence. A stinging indictment of economic science for its role in creating the crisis of 2007, The Rise and Fall of Homo Economicus is a must-read for anyone interested in understanding how our society functions or exploring ways to make economic science better serve us.

The Rise and Fall of Homo Economicus

The Rise and Fall of Homo Economicus PDF Author: Yannis Papadogiannis
Publisher: Createspace Independent Publishing Platform
ISBN: 9781499646672
Category : Economic man
Languages : en
Pages : 0

Get Book Here

Book Description
For financial journalist Yannis Papadogiannis, the problem with the economic science that failed to predict the financial crisis that began unfolding in 2007 is clear. While modern economic theory relies on rational humans, The Rise and Fall of Homo Economicus busts the myth of the rational human wide open, demonstrating how, in the real world, Homo sapiens are far from fully rational creatures. Papadogiannis walks readers through the history of modern economics and reveals a consistent pattern of certainty and the illusion of control among economists leading into every crisis since the seventeenth century. He presents findings from disciplines such as neuroscience, psychology, and sociology that overturn the economist's idealized view of human nature, revealing that rationality is but one quality ruling behavior. In terms that anyone can understand, and drawing from a vast bibliography of well-known references, the book contrasts the imaginary universe of modern economics with the complex, dynamic, chaotic reality that more accurately describes our existence. A stinging indictment of economic science for its role in creating the crisis of 2007, The Rise and Fall of Homo Economicus is a must-read for anyone interested in understanding how our society functions or exploring ways to make economic science better serve us.

Homo Economicus

Homo Economicus PDF Author: Daniel Cohen
Publisher: John Wiley & Sons
ISBN: 0745685323
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
The West has long defined the pursuit of happiness in economic terms but now, in the wake of the 2007-8 financial crisis, it is time to think again about what constitutes our happiness. In this wide-ranging new book, the leading economist Daniel Cohen traces our current malaise back to the rise of homo economicus: for the last 200 years, the modern world has defined happiness in terms of material gain. Homo economicus has cast aside its rivals, homo ethicus and homo empathicus, and spread its neo-Darwinian logic far and wide. Yet, instead of bringing happiness, homo economicus traps human beings in a world devoid of any ideals. We are left feeling empty and dissatisfied. Today more and more people are beginning to recognize that competition and material gain are not the only things that matter in life. The central paradox of our era is that we look to the economy to give direction to our world at the very time when social needs are migrating toward sectors that are hard to place within the scope of market logic. Health, education, scientific research, and the world of the Internet form the heart of our post-industrial societies, but none of these belong to the traditional economic mould. While human creativity is higher than ever, homo economicus imposes himself like a sad prophet, a killjoy of the new age. Drawing on a rich array of examples, Cohen explores the new digital and genetic revolutions and examines the limitations of homo economicus in our rapidly transforming world. As human beings have an extraordinary ability to adapt, he argues that we need to rebalance the relation between competition and cooperation in favour of the latter. This thought-provoking analysis of our contemporary predicament will be of great value to anyone interested in the relationship between what happens in our economies and our personal happiness.

The Death of Homo Economicus

The Death of Homo Economicus PDF Author: Peter Fleming
Publisher:
ISBN: 9781786801296
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 314

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Book Description


The Death of Homo Economicus

The Death of Homo Economicus PDF Author: Peter Fleming
Publisher: Pluto Press (UK)
ISBN: 9780745399423
Category : Capitalism
Languages : en
Pages : 0

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Book Description
In today's workplaces we work harder and longer, labouring under the illusion that this will bring us more wealth. As this myth becomes increasingly preposterous, it's time to understand why we believe in it, and where it came from.The Death of Homo Economicus explores the origin of this oppressive myth, in order to destroy it. The story begins with the creation of a fake persona labelled the 'dollar-hunting man', invented by economists Adam Smith and Friedrich Hayek. Today, this persona, driven by competition and ego, is used by politicians and managers to draw a veil over the terrible reality of work under capitalism.Creeping into all aspects of life, the desire to constantly compete and accumulate must be resisted if we are to create a better way of life for all.

Feminism Confronts Homo Economicus

Feminism Confronts Homo Economicus PDF Author: Martha Fineman
Publisher: Cornell University Press
ISBN: 150172407X
Category : Law
Languages : en
Pages : 535

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Book Description
"The essays in this volume confront the inroads that economics has made into the legal academy.... Law and Economics uses principles of neoclassical economics to develop laws and social policies that maintain if not bolster current allocations of power."—from the Introduction The Law and Economics school has had a significant impact on the legal and governmental landscape in the United States. It posits a perfectly rational "economic man"—homo economicus—who is unconstrained by familial and communal ties and who can and should make decisions solely in light of considerations of economic value. Feminism Confronts Homo Economicus offers a major intervention in debates about how law has come under the influence of economic principles. Drawing on the latest thinking in the fields of feminist legal theory, critical legal studies, and feminist economics, the essays critique the notion that legal and policy decisions should be made solely through the lens of economics. While the contributors question the wholesale incorporation of the neoclassical economic model into legal analysis, they do not all discard economic analysis and theory. Situated at the intersection of feminism, law, and economics, Feminism Confronts Homo Economicus will appeal to scholars and students of these disciplines as well as policy analysts and social theorists interested in family, education, labor, and welfare.

A Note on the Evolution of Homo Economicus

A Note on the Evolution of Homo Economicus PDF Author: Chris Doucouliagos
Publisher:
ISBN: 9780730020554
Category : Decision making
Languages : en
Pages : 13

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Book Description


Behavioural Economics

Behavioural Economics PDF Author: Simon Gaechter
Publisher: Graz Schumpeter Lectures
ISBN: 9780415459112
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Since 1995, the annual Graz Schumpeter lectures have been delivered by eminent economists such as Stanley J. Metcalfe, Nathan Rosenberg and Duncan Foley. Routledge are proud to publish the lectures as new books each year. The latest book in this series come from Simon Gächter, an expert in the psychology of economic decision making. Gächter analyses the latest scientific research on human and social cognitive and emotial biases which help to better understand economic decisions and how they affect the market. Research in this area is at the cutting edge of economics and this volume will be of interest to all serious economists across the globe.

Behavioral Law and Economics

Behavioral Law and Economics PDF Author: Eyal Zamir
Publisher: Oxford University Press
ISBN: 0190901349
Category : Business & Economics
Languages : en
Pages : 641

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Book Description
In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were initially perceived as antithetical to standard economic and legal-economic analysis, over time they have been largely integrated into mainstream economic analysis, including economic analysis of law. Moreover, the impact of behavioral insights has long since transcended purely economic analysis of law: in recent years, the behavioral movement has become one of the most influential developments in legal scholarship in general. Behavioral Law and Economics offers a state-of-the-art overview of the field. Eyal Zamir and Doron Teichman survey the entire body of psychological research that lies at the basis of behavioral analysis of law, and critically evaluate the core methodological questions of this area of research. Following this, the book discusses the fundamental normative questions stemming from the psychological findings on bounded rationality, and explores their implications for setting the law's goals and designing the means to attain them. The book then provides a systematic and critical examination of the contributions of behavioral studies to all major fields of law including: property, contracts, consumer protection, torts, corporate, securities regulation, antitrust, administrative, constitutional, international, criminal, and evidence law, as well as to the behavior of key players in the legal arena: litigants and judicial decision-makers.

Relational Anthropology for Contemporary Economics

Relational Anthropology for Contemporary Economics PDF Author: Jermo van Nes
Publisher: Springer Nature
ISBN: 3030846903
Category : Economic anthropology
Languages : en
Pages : 228

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Book Description
This open access book offers a multidisciplinary dialogue on relational anthropology in contemporary economics. A particular view of the human being is often assumed in economic models, but seldom acknowledged let alone explicated. Addressing this neglected area of research in economic studies, altogether the contributors touch upon the importance and potential of virtues, the notions of freedom and self-love, the potential of simulation models, the dialectics of love, and questions of methodology in constructing a relational anthropology for contemporary economics. The overall result is a highly informative and constructive dialogue, establishing inter alia a research agenda for future collaborative and multidisciplinary study.

The Rise and Fall of Modern Japanese Literature

The Rise and Fall of Modern Japanese Literature PDF Author: John Whittier Treat
Publisher: University of Chicago Press
ISBN: 022654527X
Category : Literary Criticism
Languages : en
Pages : 408

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Book Description
The Rise and Fall of Modern Japanese Literature tells the story of Japanese literature from its start in the 1870s against the backdrop of a rapidly coalescing modern nation to the present. John Whittier Treat takes up both canonical and forgotten works, the non-literary as well as the literary, and pays special attention to the Japanese state’s hand in shaping literature throughout the country’s nineteenth-century industrialization, a half-century of empire and war, its post-1945 reconstruction, and the challenges of the twenty-first century to modern nationhood. Beginning with journalistic accounts of female criminals in the aftermath of the Meiji civil war, Treat moves on to explore how woman novelist Higuchi Ichiyo’s stories engaged with modern liberal economics, sex work, and marriage; credits Natsume Soseki’s satire I Am a Cat with the triumph of print over orality in the early twentieth century; and links narcissism in the visual arts with that of the Japanese I-novel on the eve of the country’s turn to militarism in the 1930s. From imperialism to Americanization and the new media of television and manga, from boogie-woogie music to Yoshimoto Banana and Murakami Haruki, Treat traces the stories Japanese audiences expected literature to tell and those they did not. The book concludes with a classic of Japanese science fiction a description of present-day crises writers face in a Japan hobbled by a changing economy and unprecedented natural and manmade catastrophes. The Rise and Fall of Japanese Literature reinterprets the “end of literature”—a phrase heard often in Japan—as a clarion call to understand how literary culture worldwide now teeters on a historic precipice, one at which Japan’s writers may have arrived just a moment before the rest of us.