Homo Economicus

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Homo Economicus

Daniel Cohen
Homo Economicus Book PDF

Author : Daniel Cohen
Publisher : John Wiley & Sons
Page : 184 pages
File Size : 42,9 Mb
Release : 2014-06-13
Category : Business & Economics
ISBN : 9780745685328

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Homo Economicus by Daniel Cohen Pdf

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

Peter Fleming
The Death of Homo Economicus Book PDF

Author : Peter Fleming
Publisher : Pluto Press (UK)
Page : 0 pages
File Size : 53,8 Mb
Release : 2017
Category : Capitalism
ISBN : 0745399401

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The Death of Homo Economicus by Peter Fleming Pdf

For neoclassical economists, Homo economicus, or economic human, represents the ideal employee: an energetic worker bee that is a rational yet competitive decision-maker. Alternatively, one could view the concept as a cold and selfish workaholic endlessly seeking the accumulation of money and advancement--a chilling representation of capitalism. Or perhaps, as Peter Fleming argues, Homo economicus does not actually exist at all. In The Death of Homo Economicus, Fleming presents this controversial claim with the same fierce logic and perception that launched his Guardian column into popularity. Fleming argues that as an invented model of a human being, Homo economicus is, in reality, a tool used by economists and capitalists to manage our social world through the state, business, and even family. As workers, we are barraged with constant reminders that we should always strive toward this ideal persona. It's implied--and sometimes directly stated--that if we don't then we are failures. Ironically, the people most often encouraged to emulate this model are those most predisposed to fail due to their socioeconomic circumstances: the poor, the unemployed, students, and prisoners. Fleming illuminates why a peculiar proactive negativity now marks everyday life in capitalist societies, and he explores how this warped, unattainable model for workers would cause chaos if enacted to the letter. Timely and revelatory, The Death of Homo Economicus offers a sharp, scathing critique of who we are supposed to be in the workplace and beyond.

A History of Homo Economicus

William Dixon,David Wilson
A History of Homo Economicus Book PDF

Author : William Dixon,David Wilson
Publisher : Routledge
Page : 138 pages
File Size : 45,5 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136499012

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A History of Homo Economicus by William Dixon,David Wilson Pdf

A key issue in economic discourse today is the relation (or lack of it) between economic behaviour and morality. Few (presumably) would want to deny that human beings are in some sense moral or ethical creatures, but the devil is in the detail. Should we think of economic behaviour as an essentially amoral process – a process adequately characterised by a means-ends rationality – into which any number of subjective ethical concerns or orientations may be intruded to give a particular action its determinate moral content? Or is it rather the case that our moral being runs deeper than this, in the sense that all of our behaviour – ‘economic’ or otherwise – is enabled or capacitated by a competence that is fundamentally ethical in character? With new analyses of the work of Hobbes and Smith, Dixon and Wilson offer a fresh approach to the debate surrounding economics and morality with a novel discussion of the self in economic theory. This book calls for a change in the way that the relation between economic behaviour and morality is understood – from an understanding of morality as a kind of preference that informs certain types of other-regarding behaviour (the way that modern economics understands the relationship), to an idea of morality as a competence that enables or, rather, conditions the possibility of all forms of human behaviour, other-regarding or not. Offering a new insight on homo economicus, this book will be of great interest to all those interested in the history of economics and of economic thought.

Homo Oeconomicus

Gebhard Kirchgässner
Homo Oeconomicus Book PDF

Author : Gebhard Kirchgässner
Publisher : Springer Science & Business Media
Page : 364 pages
File Size : 52,5 Mb
Release : 2008-06-13
Category : Business & Economics
ISBN : 9780387727974

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Homo Oeconomicus by Gebhard Kirchgässner Pdf

The economic model of behaviour is fundamental not only in economic theory, but also in modern approaches of other social sciences, above all in political science and law. This book provides a comprehensive treatise of the general model, its philosophical and methodological foundations and its applications in different fields. In addition to the basic model, extensions to its assumptions are examined to account for complex applications like low-cost situations with moral behaviour.

Feminism Confronts Homo Economicus

Martha Fineman,Terence Dougherty
Feminism Confronts Homo Economicus Book PDF

Author : Martha Fineman,Terence Dougherty
Publisher : Cornell University Press
Page : 535 pages
File Size : 45,6 Mb
Release : 2018-08-06
Category : Law
ISBN : 9781501724077

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Feminism Confronts Homo Economicus by Martha Fineman,Terence Dougherty Pdf

"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.

Political Economy and the Novel

Sarah Comyn
Political Economy and the Novel Book PDF

Author : Sarah Comyn
Publisher : Springer
Page : 283 pages
File Size : 55,6 Mb
Release : 2018-10-04
Category : Literary Criticism
ISBN : 9783319943251

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Political Economy and the Novel by Sarah Comyn Pdf

Political Economy and the Novel: A Literary History of ‘Homo Economicus’ provides a transhistorical account of homo economicus (economic man), demonstrating this figure’s significance to economic theory and the Anglo-American novel over a 250-year period. Beginning with Adam Smith’s seminal texts – Theory of Moral Sentiments and The Wealth of Nations – and Henry Fielding’s A History of Tom Jones, this book combines the methodologies of new historicism and new economic criticism to investigate the evolution of the homo economicus model as it traverses through Ricardian economics and Jane Austen’s Sanditon; J. S. Mill and Charles Dickens’ engagement with mid-Victorian dualities; Keynesianism and Mrs Dalloway’s exploration of post-war consumer impulses; the a/moralistic discourses of Friedrich von Hayek, and Ayn Rand’s Atlas Shrugged; and finally the virtual crises of the twenty-first century financial market and Don DeLillo’s Cosmopolis. Through its sustained comparative analysis of literary and economic discourses, this book transforms our understanding of the genre of the novel and offers critical new understandings of literary value, cultural capital and the moral foundations of political economy.

The Rise and Fall of Homo Economicus

Yannis Papadogiannis
The Rise and Fall of Homo Economicus Book PDF

Author : Yannis Papadogiannis
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 46,5 Mb
Release : 2014-08-05
Category : Economic man
ISBN : 1499646674

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The Rise and Fall of Homo Economicus by Yannis Papadogiannis Pdf

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.

Human Foundations of Management

D. Melé,C. Cantón,César González Cantón
Human Foundations of Management Book PDF

Author : D. Melé,C. Cantón,César González Cantón
Publisher : Springer
Page : 268 pages
File Size : 53,8 Mb
Release : 2014-11-30
Category : Business & Economics
ISBN : 9781137462619

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Human Foundations of Management by D. Melé,C. Cantón,César González Cantón Pdf

Human Foundations of Management explores the human foundation of management and economic activity in a way that is accessible to readers. The structure and contents of this book examines those aspects of the human being which are relevant to management and economic activities.

From Pleasure Machines to Moral Communities

Geoffrey M. Hodgson
From Pleasure Machines to Moral Communities Book PDF

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
Page : 323 pages
File Size : 42,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780226922713

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From Pleasure Machines to Moral Communities by Geoffrey M. Hodgson Pdf

Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality. The complex interaction of morality and self-interest is at the heart of Geoffrey M. Hodgson’s approach to evolutionary economics, which is designed to bring about a better understanding of human behavior. In From Pleasure Machines to Moral Communities, Hodgson casts a critical eye on neoclassical individualism, its foundations and flaws, and turns to recent insights from research on the evolutionary bases of human behavior. He focuses his attention on the evolution of morality, its meaning, why it came about, and how it influences human attitudes and behavior. This more nuanced understanding sets the stage for a fascinating investigation of its implications on a range of pressing issues drawn from diverse environments, including the business world and crucial policy realms like health care and ecology. This book provides a valuable complement to Hodgson’s earlier work with Thorbjørn Knudsen on evolutionary economics in Darwin’s Conjecture, extending the evolutionary outlook to include moral and policy-related issues.

The Death of Homo Economicus

Peter Fleming
The Death of Homo Economicus Book PDF

Author : Peter Fleming
Publisher : Pluto Press (UK)
Page : 0 pages
File Size : 49,9 Mb
Release : 2017
Category : Capitalism
ISBN : 0745399428

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The Death of Homo Economicus by Peter Fleming Pdf

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.

The Mythology of Work

Peter Fleming
The Mythology of Work Book PDF

Author : Peter Fleming
Publisher : Pluto Press (UK)
Page : 0 pages
File Size : 49,6 Mb
Release : 2015
Category : Capitalism
ISBN : 0745334873

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The Mythology of Work by Peter Fleming Pdf

There was once a time when 'work' was inextricably linked to survival. But what was once an integral part of life has slowly morphed into a painful and meaningless routine, colonising almost every part of our lives. As our society is transformed into a factory that never sleeps, work becomes a universal reference point for everything else, devoid of moral or social worth. Blending theory with accounts of job-related suicides, office-induced paranoia, fear of relaxation, managerial sadism and cynical corporate social responsibility campaigns, Fleming provides a damning report on the way work consumes our lives in modern capitalist society. -- from back cover.

A Genealogy of Self-Interest in Economics

Susumu Egashira,Masanori Taishido,D. Wade Hands,Uskali Mäki
A Genealogy of Self Interest in Economics Book PDF

Author : Susumu Egashira,Masanori Taishido,D. Wade Hands,Uskali Mäki
Publisher : Springer Nature
Page : 321 pages
File Size : 46,5 Mb
Release : 2021-01-29
Category : Business & Economics
ISBN : 9789811593956

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A Genealogy of Self-Interest in Economics by Susumu Egashira,Masanori Taishido,D. Wade Hands,Uskali Mäki Pdf

This is the first book to describe the entire developmental history of the human aspects of economics. The issue of “self-interest” is discussed throughout, from pre-Adam Smith to contemporary neuroeconomics, representing a unique contribution to economics. Though the notion of self-interest has been interpreted in several ways by various schools of economics and economists since Smith first placed it at the heart of the field, this is the first book to focus on this important but overlooked topic. Traditionally, economic theory has presupposed that the core of human behavior is self-interest. Nevertheless, some economists, e.g. recent behavioral economists, have cast doubt on this “self-interested” explanation. Further, though many economists have agreed on the central role of self-interest in economic behavior, each economist’s positioning of self-interest in economic theory differs to some degree. This book helps to elucidate the position of self-interest in economic theory. Given its focus, it is a must-read companion, not only on the history of economic thought but also on economic theory. Furthermore, as today’s capitalism is increasingly causing people to wonder just where self-interest lies, it also appeals to general readers.

The Economic Reason

Shane Sanders
The Economic Reason Book PDF

Author : Shane Sanders
Publisher : Springer Nature
Page : 133 pages
File Size : 42,8 Mb
Release : 2020-12-14
Category : Business & Economics
ISBN : 9783030560430

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The Economic Reason by Shane Sanders Pdf

In a series of conversational essays, this textbook discusses the manner in which economic thought addresses a broad array of everyday issues beyond classical textbook treatments. In the spirit of popular economics books, the author uncovers economic issues and solutions from individuals, businesses, society, and the country as a whole in a decidedly non-technical and relatable manner. Should the federal government mandate use of child safety seats on commercial airlines? Can genetic information substitute for a college degree? The contents of this book touch on many of these contemporary topics in an accessible way. Addressing undergraduate and graduate students, as well as scholars in different fields of economics, this book is a must-read for everybody interested in a better understanding of economic thought.

The Idea of Europe

Anthony Pagden
The Idea of Europe Book PDF

Author : Anthony Pagden
Publisher : Cambridge University Press
Page : 396 pages
File Size : 48,8 Mb
Release : 2002-04-04
Category : History
ISBN : 0521795524

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The Idea of Europe by Anthony Pagden Pdf

Discusses how a distinctive 'European' identity has grown over the centuries, especially with the EU.

The concept of "Homo Economicus" and Experimental Games

Merve Gülacan
The concept of Homo Economicus and Experimental Games Book PDF

Author : Merve Gülacan
Publisher : GRIN Verlag
Page : 22 pages
File Size : 48,7 Mb
Release : 2016-04-22
Category : Philosophy
ISBN : 9783668202832

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The concept of "Homo Economicus" and Experimental Games by Merve Gülacan Pdf

Essay from the year 2015 in the subject Philosophy - Practical (Ethics, Aesthetics, Culture, Nature, Right, ...), grade: 2,3, University of Kassel, language: English, abstract: The findings of research in experimental behavioural economics over the past two decades have been impressively convincing. Until recently, economists assumed that individual behaviour is controlled by rationality. The consumer was perceived as a rational person who strives to maximize his utility. This is the concept of homo economicus, a prototype of an economic person and starting point for model formulation. However, this theory often overlooks the fact that homo economicus is not a person of flesh and blood, but a conceptual notion. Experimental evidence shows that the behaviour forecast by the standard model often does not correspond to reality. Factors like fairness, trust and moral values also play a role in the decision-making of the real economic actor. The knowledge gleaned from the observation of different negotiation plays provides the possibility for the derivation and representation of individual behaviour patterns. But the studies’ findings reveal that feelings of fairness, generosity and trust play a crucial role for the results. The object of this work is to find an answer to the question if homo economicus is still alive or not. Therefore I will consider different experiments of the dictator game from the literature. Experimental games offer good possibilities for the representation and derivation of individual behaviour patterns. Chapter 2 presents the concept of homo economicus and describes his properties. Chapter 3 deals with experimental games, with the major focus being on the dictator game. Individual studies will be presented. The last chapter concludes.