Tag Archives | history of economics

The Rise & Fall Of Homo Economicus

Review: The Rise and Fall of Homo Economicus

The Rise and Fall of Homo Economicus: The Myth of the Rational Human and the Chaotic Reality by Yannis Papadogiannis deserves wide circulation for documenting the failed state of economics as science. Humans are a far cry from the rational creatures mainstream economics assumes. Economics as a science will never be as mathematically precise as Newtonian […]

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