Rational Economic Man

Rational Economic Man PDF

Author: Hollis

Publisher: Cambridge University Press

Published: 1975

Total Pages: 0

ISBN-13: 0521033888

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Discusses the alliance between economics and philosophy.

Feminist Economics

Feminist Economics PDF

Author: Gillian J. Hewitson

Publisher: Edward Elgar Publishing

Published: 1999

Total Pages: 296

ISBN-13:

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Hewitson (business, La Trobe U., Australia) uses a feminist poststructuralist approach to expose the masculinity of the allegedly unsexed figure of the neoclassical "rational economic man". Employing a wide range of poststructuralist writings, she argues that neoclassical economics does construct sexual differences and that the notion of the exchanging agent, commonly perceived as a universal and sexless individual, cannot accommodate sexual differences, thus concluding that neoclassical economics cannot accommodate women's differences.

Thoughtful Economic Man

Thoughtful Economic Man PDF

Author: J. Gay Tulip Meeks

Publisher: Cambridge University Press

Published: 1991-08-15

Total Pages: 190

ISBN-13: 9780521325745

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An authoritative examination of the implications of conventional conceptions of rational economic man for all economic study as well as the role of rationality and morals in economics.

Predictably Rational?

Predictably Rational? PDF

Author: Richard B. McKenzie

Publisher: Springer Science & Business Media

Published: 2009-10-21

Total Pages: 319

ISBN-13: 3642015867

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Mainstream economists everywhere exhibit an "irrational passion for dispassionate rationality." Behavioral economists, and long-time critic of mainstream economics suggests that people in mainstrean economic models "can think like Albert Einstein, store as much memory as IBM’s Big Blue, and exercise the will power of Mahatma Gandhi," suggesting that such a view of real world modern homo sapiens is simply wrongheaded. Indeed, Thaler and other behavioral economists and psychology have documented a variety of ways in which real-world people fall far short of mainstream economists' idealized economic actor, perfectly rational homo economicus. Behavioral economist Daniel Ariely has concluded that real-world people not only exhibit an array of decision-making frailties and biases, they are "predictably irrational," a position now shared by so many behavioral economists, psychologists, sociologists, and evolutionary biologists that a defense of the core rationality premise of modedrn economics is demanded.

Who Cooked Adam Smith's Dinner?

Who Cooked Adam Smith's Dinner? PDF

Author: Katrine Marcal

Publisher: Simon and Schuster

Published: 2016-06-07

Total Pages: 240

ISBN-13: 1681771853

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How do you get your dinner? That is the basic question of economics. When economist and philosopher Adam Smith proclaimed that all our actions were motivated by self-interest, he used the example of the baker and the butcher as he laid the foundations for 'economic man,' arguing that the baker and butcher didn't give bread and meat out of the goodness of their hearts. It's an ironic point of view coming from a bachelor who lived with his mother for most of his life—a woman who cooked his dinner every night.The economic man has dominated our understanding of modern-day capitalism, with a focus on self-interest and the exclusion of all other motivations. Such a view point disregards the unpaid work of mothering, caring, cleaning and cooking. It insists that if women are paid less, then that's because their labor is worth less.A kind of femininst Freakonomics, Who Cooked Adam Smith’s Dinner? charts the myth of economic man—from its origins at Adam Smith's dinner table, its adaptation by the Chicago School, and its disastrous role in the 2008 Global Financial Crisis—in a witty and courageous dismantling of one of the biggest myths of our time.

Microeconomics in Context

Microeconomics in Context PDF

Author: Neva Goodwin

Publisher: Routledge

Published: 2015-12-07

Total Pages: 444

ISBN-13: 1317464788

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Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. Key features include: --Clear explanation of basic concepts and analytical tools, with advanced models presented in optional chapter appendices; --Presentation of policy issues in historical, institutional, social, political, and ethical context--an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition; --A powerful graphical presentation of various measures of well-being in the United States, from income inequality and educational attainment to home prices; --Broad definition of well-being using both traditional economic metrics and factors such as environmental quality, health, equity, and political inclusion; --New chapters on the economics of the environment, taxes and tax policy, common property and public goods, and welfare analysis; --Expanded coverage of high-interest topics such as behavioral economics, labor markets, and healthcare; --Full complement of instructor and student support materials online, including test banks and grading through Canvas.

Understanding History

Understanding History PDF

Author: Jonathan Gorman

Publisher: University of Ottawa Press

Published: 1992

Total Pages: 137

ISBN-13: 0776603558

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Has any question about the historical past ever been finally answered? Of course there is much disagreement among professional historians about what happened in the past and how to explain it. But this incisive study goes one step further and brings into question the very ability of historians to gather and communicate genuine knowledge about the past. Understanding History applies this general question from the philosophy of history to economic history of American slaveholders. Do we understand the American slaveholders? Has the last word on the subject been said? Both the alleged "profitability" of slavery and the purported causes of the American Civil War are philosophically analyzed. Traditional narrative history and econometric history are examined and compared, and their different philosophical assumptions made explicit. The problem of justifying historical methodologies is first set in the wider context of the philosophical problem of knowledge, then lucidly explained and resolved along pragmatic lines. The novelty of Gorman's approach lies in its comparison of narrative with econometric history, its analysis of empathetic understanding in terms of cost-benefit analysis, and its elucidation of the metaphysical presuppositions of empiricism. It stands out especially for the clarity, rigor, and simplicity of its arguments.

Doughnut Economics

Doughnut Economics PDF

Author: Kate Raworth

Publisher: Chelsea Green Publishing

Published: 2018-03-08

Total Pages: 322

ISBN-13: 1603587969

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Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Is Behavioral Economics Doomed?

Is Behavioral Economics Doomed? PDF

Author: David K. Levine

Publisher: Open Book Publishers

Published: 2012

Total Pages: 154

ISBN-13: 1906924929

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In this book, David K. Levine questions the idea that behavioral economics is the answer to economic problems. He explores the successes and failures of contemporary economics both inside and outside the laboratory, and asks whether popular behavioral theories of psychological biases are solutions to the failures. The book not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.