Economic Rationality Engelmann Stephen G.
Economic Rationality Engelmann Stephen G. Economics used to be called political economy, and the loss of the "political" tracks the ascendance of the idea of rational choice within the discipline.…
Specifikacia Economic Rationality Engelmann Stephen G.
Economic Rationality Engelmann Stephen G.
Economics used to be called political economy, and the loss of the "political" tracks the ascendance of the idea of rational choice within the discipline. What are the consequences of its rise?In this new book, Stephen Engelmann assesses these questions through a consideration of the often-hidden links between choice and government, ranging from the Benthamic utilitarianism that inspired modern economics to the contemporary economic psychologists trying to nudge everyone to choose more rationally. Where does this idea of economic rationality - choosing to maximize benefits and minimize costs - come from?
Political economy once targeted aristocratic rule - heralding a politics and ethics of egalitarian Multiple global crises are exposing how deficient economic rationality is as a political theory, since a focus on choice turns actors away from relations in the common.
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M&G Economic ABPV7501 modré