Sentences with phrase «of homo economicus»

Magna Carta gave ushomo liber, or «free man»; Carl Linneas gave us homo sapiens, or «wise man»; E.P. Thompson spoke of homo economicus, or «economic man.»

Yet it is something very much like this monster who is taken as the model of homo economicus.

But if the «postmodern» economic order is a homogeneous one, then the diversities of cultures will become, in time, a superficial cover for the essential homogeneity of Homo economicus.

In addition this theory and practice are based on a highly individualistic view of homo economicus.

The values of community life and creative work are destroyed for the sake of the greater wealth that can be produced when people behave in the manner of Homo economicus.

Not exact matches

Contrary to the received wisdom that self - interest is in our DNA (a belief that's led to no end of faulty assumptions about how homo economicus will respond in any given situation), Benkler adopts the research suggesting that altruism is passed down both culturally and genetically.

Homo economicus appreciates none of this — and is, as Sen says, a «social moron.»

Indeed, we sometimes call ourselves homo economicus because of our ability to trade, to create markets, to respond rationally to supply and demand.

The ethical paradigm of neoclassical economics centers on «homo economicus,» who is driven by self - interest to seek the maximization of subjective material preferences — which is shown to be achievable (under highly restrictive assumptions) by competitive markets.

Thrown back on our own resources we feel betrayed, lonely, and isolated We become homo economicus and are stripped of our self - imposed illusions about the future.

Homo economicus is a figment of the imagination of various charlatans.

The economic theory based on Homo economicus has no place in for any notion of fairness or justice.

But economists rarely comment on the fact that Homo economicus is abstracted from the relational and communal character of actual human beings.

Economists all know that Homo economicus is an abstraction from the fullness of human reality.

Oddly, the prudence - obsessed economists have themselves been forced recently in their very mathematics to admit that Homo economicus must live with an identity formed in a family within a community of speech constrained by virtues (a non-believer would call it, in summary, «culture»; a Christian would call it «a moral universe»).

Both, in their own way, cling to a vision of mankind reduced to homo economicus and thus scoured of nobility, of difference, of anything beautiful and interesting and useless.

We call the resulting model of the human being Homo economicus.

The features of the human being identified as Homo economicus are abstracted from the complex fullness of human existence.

For their purposes they viewed people as Homo economicus, and Homo economicus is an individual interested only in possession and consumption of goods.

The model of the human being with which economists work, Homo economicus, is also purely modern.

Of course, as economists know, homo economicus is an abstraction, but we can not think of human beings in general without abstractioOf course, as economists know, homo economicus is an abstraction, but we can not think of human beings in general without abstractioof human beings in general without abstraction.

Rawls» actors share all the characteristics of the above outlined homo economicus.

After all, at the core of economic theory sits a greedy idealization of human nature known as Homo economicus.

The rational thing to do if, we were all Homo economicus, would be for a very much larger number of us to have new fridges, and this would save a lot of energy and climate emissions and create jobs.