Human Nature In Modern Economics

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Human Nature in Modern Economics

Author : Anna Horodecka
Publisher : Routledge
ISBN 13 : 1000605469
Total Pages : 260 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Human Nature in Modern Economics by : Anna Horodecka

Download or read book Human Nature in Modern Economics written by Anna Horodecka and published by Routledge. This book was released on 2022-06-15 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Nature in Modern Economics offers a precise definition of the concept of human nature in economics, something that is so far lacking in the theoretical and methodological literature. This book develops tools for the analysis of human nature through the construction of the author’s meta-model – based on anthropological and psychological foundations – allowing for comparisons of anthropological assumptions made in economic theories. The model demonstrates that the normative functions of human nature may affect the economic reality. The chapters argue that the concept of human nature determines our thinking about the economy and economics, including fundamental methodologies, methods and theories. Thus, the differences between various economic schools may result from the different assumptions of these schools about human nature. Those evolving views of human nature proceed to explain the development of both orthodox (mainstream) and heterodox economics. The book marks a significant addition to the literature on the history of economic thought, heterodox economics, economic theory and economic methodology. For students, it is a supplement to standard textbooks as it explains the current state of economics, especially in its heterodox branches. It will allow scholars to discover the importance of what they assume about human nature and how it may influence their research process.

The Good, the Bad, and the Economy

Author : Louis G. Putterman
Publisher : Hillcrest Publishing Group
ISBN 13 : 193829601X
Total Pages : 319 pages
Book Rating : 4.9/5 (382 download)

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Book Synopsis The Good, the Bad, and the Economy by : Louis G. Putterman

Download or read book The Good, the Bad, and the Economy written by Louis G. Putterman and published by Hillcrest Publishing Group. This book was released on 2012 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the past century's extraordinary advances in technology and scientific knowledge, today's world is still racked by economic insecurity, vast gulfs between rich and poor, violent conflicts, and daunting environmental problems. What's stopping us from building a world in which there's less inequality and more nurturing of the individual's potential to lead a satisfying life? Does the central role of self-interest in human nature necessitate economic arrangements that condemn us to living on a treadmill of consumerism and insecurity? Will the gap between rich and poor countries ever be bridged? These are the key questions that Brown University economist Louis Putterman's "The Good, the Bad, and the Economy" addresses in surprising new ways.

Free Market Madness

Author : Peter A. Ubel
Publisher : Harvard Business Press
ISBN 13 : 1422140318
Total Pages : 273 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Free Market Madness by : Peter A. Ubel

Download or read book Free Market Madness written by Peter A. Ubel and published by Harvard Business Press. This book was released on 2009-01-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Humans just aren't entirely rational creatures. We decide to roll over and hit the snooze button instead of going to the gym. We take out home loans we can't possibly afford. And did you know that people named Paul are more likely to move to St. Paul than other cities? All too often, our subconscious causes us to act against our own self-interest. But our free-market economy is based on the assumption that we always do act in our own self-interest. In this provocative book, physician Peter Ubel uses his understanding of psychology and behavior to show that in some cases government must regulate markets for our own health and well-being. And by understanding and controlling the factors that go into our decisions, big and small, we can all begin to stop the damage we do to our bodies, our finances, and our economy as a whole. Ubel's vivid stories bring his message home for anyone interested in improving the way our society works.

Basic Instincts

Author : Pete Lunn
Publisher : Marshall Cavendish Books Limited
ISBN 13 : 9780462099637
Total Pages : 289 pages
Book Rating : 4.0/5 (996 download)

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Book Synopsis Basic Instincts by : Pete Lunn

Download or read book Basic Instincts written by Pete Lunn and published by Marshall Cavendish Books Limited. This book was released on 2009-11-19 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human instincts are surprisingly sophisticated and subtle, having adapted over generations of trading with each other. Understanding how these instincts work can not only change the way you think about your own affairs, it can alter how you think about a whole range of economic and business issues (from what constitutes a fair salary to the impact of globalisation).A new breed of economists - known as behavioural economists - has started to observe economic life more closely. This book reveals the fascinating results of their studies . Human instincts have long been ignored by traditional economics, but they are crucial factors in major economic decisions, and hence important for our futures. This engaging book is about those human instincts and how the study of them has begun to change fundamentally the science of economics and our own behaviour in today's world

An Inquiry Into the Nature and Causes of the Wealth of Nations

Author : Adam Smith
Publisher :
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith

Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Economics

Author : Sara Casagrande
Publisher : Taylor & Francis
ISBN 13 : 1000927520
Total Pages : 248 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Human Economics by : Sara Casagrande

Download or read book Human Economics written by Sara Casagrande and published by Taylor & Francis. This book was released on 2023-08-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term “human economics” is sometimes used within economic theory with the hope of repositioning economic discipline as a human and social science, but with scarce success. Indeed, although great economists have always carefully considered human nature, it has been largely neglected in modern economics. This book explores the potentials of a human economics, arguing that the complexity and peculiarities of human nature should be central to the study of economics. Complex economic phenomena are subject to laws and limits that reveal their internal order in spite of the apparent randomness and unpredictability. The book embraces the contributions of thinkers and economists who have tried to fully consider human nature and society within their biological environment. From these solid foundations, the book introduces a different Weltanschauung, offers an analysis of socio-economic paradigms, and develops an alternative theoretical framework. On the basis of a transdisciplinary methodology, the book investigates human nature, interactions, and systems up to the macroeconomic cyclical development of the capitalist system. Future perspectives and issues facing modern economies are also discussed from environmental sustainability to globalization and socio-political challenges. This book marks an original contribution to the literature on retooling economic discipline and presents useful food for thought for scholarly readers while remaining accessible to graduates who are studying mainstream economics.

The Battle for Human Nature: Science, Morality and Modern Life

Author : Barry Schwartz
Publisher : W. W. Norton & Company
ISBN 13 : 0393609286
Total Pages : 352 pages
Book Rating : 4.3/5 (936 download)

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Book Synopsis The Battle for Human Nature: Science, Morality and Modern Life by : Barry Schwartz

Download or read book The Battle for Human Nature: Science, Morality and Modern Life written by Barry Schwartz and published by W. W. Norton & Company. This book was released on 1987-08-17 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Provocative and richly textured. . . .Schwartz’s analyses of the inadequacies of contemporary scientific views of human nature are compelling, but the consequences are even more worthy of note.” —Los Angeles Times Out of the investigations and speculations of contemporary science, a challenging view of human behavior and society has emerged and gained strength. It is a view that equates “human nature” utterly and unalterably with the pursuit of self-interest. Influenced by this view, people increasingly appeal to natural imperatives, instead of moral ones, to explain and justify their actions and those of others.

The Theory of Moral Sentiments

Author : Adam Smith (économiste)
Publisher :
ISBN 13 :
Total Pages : 636 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis The Theory of Moral Sentiments by : Adam Smith (économiste)

Download or read book The Theory of Moral Sentiments written by Adam Smith (économiste) and published by . This book was released on 1812 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Nature and the Discipline of Economics

Author : Patricia Donohue-White
Publisher : Lexington Books
ISBN 13 : 9780739101858
Total Pages : 136 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Human Nature and the Discipline of Economics by : Patricia Donohue-White

Download or read book Human Nature and the Discipline of Economics written by Patricia Donohue-White and published by Lexington Books. This book was released on 2002 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Economic Personalism is a series of three book-length monographs, each closely examining a significant dimension of the Center for Economic Personalism's unique synthesis of Christian personalism and free-economic market theory. In the aftermath of the momentous geo-political and economic changes of the late 1980s, a small group of Christian social ethicists began to converse with free-market economists over the morality of market activity. This interdisciplinary exchange eventually led to the founding of a new academic subdiscipline under the rubric of economic personalism. These scholars attempt to integrate economic theory, history, and methodology with Christian personalism's stress upon human dignity, humane social structures, and social justice. This second volume in the series surveys the anthropological foundations to the disciplines of economics and moral theology. The first part of the book presents an overview of the German, French, and Polish branches of personalist thought. Particular attention is given to theological anthropology, especially as it is developed by such thinkers as Emmanuel Mounier, Max Scheler, Gabriel Marcel, Karol Wojtyla, and Emil Brunner. Part two surveys models of human nature that have been espoused by various schools of free-market thought-including mainstream neoclassical economics. In conclusion, the authors demonstrate how an expanded understanding of human nature can augment the ability of economic science to model and predict human behavior.

Misbehaving: The Making of Behavioral Economics

Author : Richard H. Thaler
Publisher : W. W. Norton & Company
ISBN 13 : 0393246779
Total Pages : 502 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Misbehaving: The Making of Behavioral Economics by : Richard H. Thaler

Download or read book Misbehaving: The Making of Behavioral Economics written by Richard H. Thaler and published by W. W. Norton & Company. This book was released on 2015-05-11 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award

The Natural Origins of Economics

Author : Margaret Schabas
Publisher : University of Chicago Press
ISBN 13 : 0226735710
Total Pages : 208 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis The Natural Origins of Economics by : Margaret Schabas

Download or read book The Natural Origins of Economics written by Margaret Schabas and published by University of Chicago Press. This book was released on 2009-05-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: References to the economy are ubiquitous in modern life, and virtually every facet of human activity has capitulated to market mechanisms. In the early modern period, however, there was no common perception of the economy, and discourses on money, trade, and commerce treated economic phenomena as properties of physical nature. Only in the early nineteenth century did economists begin to posit and identify the economy as a distinct object, divorcing it from natural processes and attaching it exclusively to human laws and agency. In The Natural Origins of Economics, Margaret Schabas traces the emergence and transformation of economics in the eighteenth and nineteenth centuries from a natural to a social science. Focusing on the works of several prominent economists—David Hume, Adam Smith, Thomas Malthus, David Ricardo, and John Stuart Mill—Schabas examines their conceptual debt to natural science and thus locates the evolution of economic ideas within the history of science. An ambitious study, The Natural Origins of Economics will be of interest to economists, historians, and philosophers alike.

Nature, Human Nature, and Human Difference

Author : Justin E. H. Smith
Publisher : Princeton University Press
ISBN 13 : 0691176345
Total Pages : 309 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Nature, Human Nature, and Human Difference by : Justin E. H. Smith

Download or read book Nature, Human Nature, and Human Difference written by Justin E. H. Smith and published by Princeton University Press. This book was released on 2017-03-14 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: People have always been xenophobic, but an explicit philosophical and scientific view of human racial difference only began to emerge during the modern period. Why and how did this happen? Surveying a range of philosophical and natural-scientific texts, dating from the Spanish Renaissance to the German Enlightenment, Nature, Human Nature, and Human Difference charts the evolution of the modern concept of race and shows that natural philosophy, particularly efforts to taxonomize and to order nature, played a crucial role. Smith demonstrates how the denial of moral equality between Europeans and non-Europeans resulted from converging philosophical and scientific developments, including a declining belief in human nature's universality and the rise of biological classification. The racial typing of human beings grew from the need to understand humanity within an all-encompassing system of nature, alongside plants, minerals, primates, and other animals. While racial difference as seen through science did not arise in order to justify the enslavement of people, it became a rationalization and buttress for the practices of trans-Atlantic slavery. From the work of François Bernier to G. W. Leibniz, Immanuel Kant, and others, Smith delves into philosophy's part in the legacy and damages of modern racism. With a broad narrative stretching over two centuries, Nature, Human Nature, and Human Difference takes a critical historical look at how the racial categories that we divide ourselves into came into being.

The Adam Smith Problem

Author : Doğan Göçmen
Publisher :
ISBN 13 : 9780755620296
Total Pages : 0 pages
Book Rating : 4.6/5 (22 download)

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Book Synopsis The Adam Smith Problem by : Doğan Göçmen

Download or read book The Adam Smith Problem written by Doğan Göçmen and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is the first scholarly work to deal solely with the Adam Smith problem, namely the apparent contradiction between Adam Smith's most famous works, "The Theory of Moral Sentiments" and "The Nature and Causes of the Wealth of Nations". Since the 1840s scholars have puzzled over and attempted to explain the fact that these works offer two fundamentally different and contradictory concepts of human nature. In this radical new approach Do an Gocmen argues that there are, indeed, two different concepts of human nature; in "The Theory of Moral Sentiments", Smith advocates a broad synchronization of human intention and behaviour under a beneficent providence in a system of mutual sympathy, whereas "Wealth of Nations" is a critical account of the human situation of the individual and is an egoistic description of human beings in commercial society. Gocmen argues that Smith does indeed put forward two different and varied ideas, arguing that the ethical position articulated in "The Theory of Moral Sentiments" can be, and was intended by Smith to be, applied as a basis for criticising the commercial society analysed in the "Wealth of Nations". Gocmen argues that this ethical position points to the character of its ideal future replacement, that of Adam Smith's Utopia. Gocmen therefore dismisses as short-sighted and oversimple the common assumption that Adam Smith's Utopia consists merely of 'the invisible hand', the idea that markets would regulate everything if left to their own dynamics. This book challenges the traditional approach to Adam Smith and is the first contribution to the solution of a long-standing debate, making it essential reading for anyone wanting to understand the moral philosophy, political economy and utopian thought of Adam Smith."--Bloomsbury Publishing.

The Wealth of Nature

Author : John Michael Greer
Publisher : New Society Publisher
ISBN 13 : 1550924788
Total Pages : 190 pages
Book Rating : 4.5/5 (59 download)

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Book Synopsis The Wealth of Nature by : John Michael Greer

Download or read book The Wealth of Nature written by John Michael Greer and published by New Society Publisher. This book was released on 2011-05-31 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political theorist and author of Decline and Fall proposes a bold new economic paradigm based on the value of sustainability. The Wealth of Nature proposes a new model of economics based on the integral value of ecology. Building on the foundations of E.F. Schumacher's revolutionary "economics as if people mattered", this book examines the true cost of confusing money with wealth. By analyzing the mistakes of contemporary economics, it shows how an economy centered on natural capital—the raw materials that support human life—can move our society toward a more productive relationship with the planet that sustains us all. The Wealth of Nature suggests public policy initiatives and personal choices that can help alleviate the economic impact of peak oil. These strategies must address not only financial concerns, but the issues of resource depletion and pollution. Profoundly insightful and impeccably argued, this book is required reading for anyone interested in the intersection of the environment and the economy as we enter the twilight of the Age of Abundance.

The Oxford Handbook of Christianity and Economics

Author : Paul Oslington
Publisher : Oxford University Press
ISBN 13 : 0199389535
Total Pages : 656 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Oxford Handbook of Christianity and Economics by : Paul Oslington

Download or read book The Oxford Handbook of Christianity and Economics written by Paul Oslington and published by Oxford University Press. This book was released on 2014-01-31 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many important contemporary debates cross economics and religion, in turn raising questions about the relationship between the two fields. This book, edited by a leader in the new interdisciplinary field of economics and religion and with contributions by experts on different aspects of the relationship between economics and Christianity, maps the current state of scholarship and points to new directions for the field. It covers the history of the relationship between economics and Christianity, economic thinking in the main Christian traditions, and the role of religion in economic development, as well as new work on the economics of religious behavior and religious markets and topics of debate between economists and theologians. It is essential reading for economists concerned with the foundations of their discipline, historians, moral philosophers, theologians seeking to engage with economics, and public policy researchers and practitioners.

Economics of Good and Evil

Author : Tomas Sedlacek
Publisher : Oxford University Press
ISBN 13 : 9780199831906
Total Pages : 376 pages
Book Rating : 4.8/5 (319 download)

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Book Synopsis Economics of Good and Evil by : Tomas Sedlacek

Download or read book Economics of Good and Evil written by Tomas Sedlacek and published by Oxford University Press. This book was released on 2011-07-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.

Doughnut Economics

Author : Kate Raworth
Publisher : Chelsea Green Publishing
ISBN 13 : 1603587969
Total Pages : 322 pages
Book Rating : 4.6/5 (35 download)

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Book Synopsis Doughnut Economics by : Kate Raworth

Download or read book Doughnut Economics written by Kate Raworth and published by Chelsea Green Publishing. This book was released on 2018-03-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.