Farewell to Homo Oeconomicus (tags)
The model of homo oeconomicus is antiquated and over-simplified. Dominant economic models are not based on a realistic picture of humans... The model does not know different human human motives that could be differently activated depending on the context.
Education of the Homo Oeconomicus (tags)
The school system should not only produce students with a narrowed economic view. Society consists of more than the sum of benefit-maximizing individuals.An economic system with fewer income differences, regulated financial markets and welfare state brings greater stability.
Against the Homo Oeconomicus (tags)
The homo oeconomicus supposedly acts completely rationally and makes his decisions in a social vacuum. Mark Buchanan introduces the discipline of social physics. He criticizes Gary Becker for replacing persons with pseudo-subjects w/o bodies, history and society.