Podcasts about Homo economicus

In the final episode of the series, Jacob Stoller and Andrew Stotz discuss the difference between typical companies using traditional management and more successful Deming-style companies. If productivity and performance are so much better, why do companies stick with traditional management? TRANSCRIPT 0:00:02.3 Andrew Stotz: My name is Andrew Stotz, and I'll be your host as we dive deeper into the teachings of Dr. W. Edwards Deming. Today, I continue my discussion and conversation with Jacob Stoller, Shingo Prize winning author of The Lean CEO. And ladies and gentlemen, I just received my copy finally. Productivity Reimagined, it just arrived from Amazon. You can get it there. And that's the latest book that he's come out with. And this is exploring applying Lean and Deming Management Principles at the enterprise level. The topic for today is moving forward with productivity. Jacob, take it away.   0:00:41.7 Jacob Stoller: Oh, thank you, Andrew. Great to be here once again. Yeah. Moving forward. That's really Chapter 13. Whether you consider that, hopefully you consider 13 lucky as I think they do in Italy.   0:00:57.4 AS: We do in Thailand.   0:01:00.4 JS: Oh, really? Wonderful. Okay. Perfect. Anyway, so I wrote in the book, I sort of defined where we're trying to go by describing two companies; a typical company, and then the company that we would aspire to for maximum productivity. So I'm gonna read those, just to illustrate. "Company A follows traditional top-down management practices. Leaders determine how the work is to be done, and give orders to their staff accordingly. Individuals, functional groups and departments are treated as independent entities under centralized control. Pay and promotion are determined by individual performance according to a set of predetermined criteria. Employees are ranked and encouraged to compete with each other." So that's company A, your typical company, which probably comprises what percentage would you say? 90%? 95%?   0:02:03.8 AS: 97.9%   0:02:04.4 JS: Okay. Okay. Let's look at where we'd like to go from there. "Company B is managed as an interactive system where people and functional teams depend on each other. Supervisors aren't expected to have all the answers, and they rely on frontline workers to share their workplace knowledge and take an active role in improving their work processes. All employees know they are part of a team culture pursuing common goals and solving problems together to move the company forward." Okay, so that's really, that's where we wanna be. And the reason you would want to go there is because if you take those two companies and they have similar resources, similar markets, perhaps operating in similar region, company B will outproduce company A 10 times out of 10. It's a more productive model, and it's proven to work. So why don't people do it?   0:03:16.3 JS: Well, there's some thinking that gets in the way, some sort of systemic kinds of barriers that are out there. So even people who aspire to making a company better, and I think there are a lot of people out there that think that, but they run into these barriers, and I'm just gonna review them again because we've gone through them in some detail. But the myth of segmented success, that's the really kind of the exact opposite of a company as a system. It's this idea that all the parts are interchangeable. You can take a department, you can give each department separate goals, and they'll all make their goals and it'll all add up. That's the myth, of course. So the myth of segmented success. We have really stemming out of that the myth of the bottom line.   0:04:11.9 JS: And because of that segmented structure, we believe that we can use finance as a proxy for all the quantitative, all the accomplishments of all these different segments. It all adds up. It's arithmetic. We figure, so why not? We just take, everyone makes their numbers, and then they all make their numbers and they all celebrate together. That's the myth, of course. The bottom line doesn't tell you what's really going on in the company. The top-down knowledge myth they run into, and that's this whole idea that managers are supposed to know all the answers, and their job is to tell people what to do. And it's not just people with MBAs. It's people with degrees in psychology and maybe working in HR. It's engineers, it's any person with professional training, figures that they have not only the privilege, but a duty to actually tell people what to do. And if I'm not telling people what to do, I'm probably not doing my job and somebody's going to be looking over my shoulder. So a big fear around that.   0:05:31.6 JS: Myth number four is the myth of sticks and carrots. And this is this idea of Homo Economicus, the idea that people act in their own financial interest and it's perfectly predictable. Performance is down? Well, let's just pay them more or maybe we need some threats here. Maybe we need to threaten them, or maybe we need to get some competition. So somebody is gonna be a little bit worried looking over their shoulder that they might get fired. Fear is a big factor here, obviously. Finally, there's the myth of tech omnipotence. And this stems right from the myth of segmented success. This idea we can take a process and we can swap out technology, we can put in technology and swap out people. We can reduce head count by 5, 10, 15 people and put in a machine in its place. That's been the business case for technology for decades. And we still have a very strong belief in that. So that's kind of what we're stuck with, those myths. And we really have to crush those myths as we go along.   0:06:42.5 AS: You know, Jacob, I was just at a meeting yesterday with a very senior executive at a very large company in Thailand. And I was just talking to him, it's off the record, so we were just chatting, but he was talking about the challenges that they're facing, and I said, so how are your KPIs? And he said, KPIs are just killing us. They're causing us to be siloed. It's setting up competition in the company. People can't work together. And I asked him this question, like, what can you do about it? He says, not much. What am I gonna do? Remove the KPI system? No. We know...   0:07:31.1 JS: Isn't that interesting?   0:07:34.8 AS: That ultimately that's probably one of the best things that they could do and get people to work together. But it just, you know, he said something to me that just made me think about, for the listeners and the viewers out there who are running small and medium-sized businesses who feel disadvantaged so many times when they're fighting against the big giants...   0:07:53.6 JS: Yeah.   0:07:53.6 AS: Take comfort that you can change your business. But many of these big companies, they just can't. And they won't.   0:08:01.2 JS: Yeah.   0:08:03.5 AS: And they never will. So that's what's so great about these types of principles, both Lean, what you're talking about, Deming, is that if you're a business owner, it's a family business, it's your private business or a group of people that you have real control over the business, you can implement these things. And you can build your business to be great.   0:08:23.7 JS: That's interesting, Andrew. I've talked in my book, I've talked with some smaller manufacturers, and at least a couple of them have said they're getting refugees from large corporations. And he'll interview these people and say, well, I can't give you, you know, you won't have 500 people reporting to you or anything. And they say, I don't care. I said, I really, you know, I've had it with this corporate stuff, and they want to be part of a culture that makes a difference. And so that's maybe catching on. I mean, interesting that the gentleman you're talking with also recognized that.   0:09:00.3 AS: Yeah. And he's just as, his hands are tied in some ways. And, so, but that to me is hopeful for the rest of the businesses that can change. And the other thing I was, you know, I always end with my favorite quote from Dr. Deming, which is that people are entitled to joy in work. Yesterday I was speaking to about 75 students in my Ethics in Finance class, and it's the kickoff day. And so it's a real fun, and I talk about a bunch of things, but the one thing I said is that ever since I graduated from university, all I really wanted was a job that I enjoyed, at a place that I enjoyed doing it, with the people I enjoyed doing it with. That's all I wanted. I wanted joy in work and I got it because I walked away from the places and the people where it wasn't happening, and I walked towards the places where I had the opportunity to enjoy it. Of course it helps that I found my love, which is being a financial analyst. It's just, I understand that so well, but this is where I think I want us to think about hope and potential for happiness in work and all of that. And so I know you've got some more steps that you've got to help people. So maybe we move into that.   0:10:27.7 JS: Sure. Sure. Well, and it would be interesting, this gentleman you talked with, I wonder if he's visited any companies that we would admire that are using Deming principles, or maybe...   0:10:39.1 AS: Well, it may give it away, but this company in the past has fully implemented the teachings of Dr. Deming.   0:10:49.2 JS: Oh, really?   0:10:51.5 AS: But they had a changeover in management, and they completely walked away from this and implemented the KPI system.   0:11:00.9 JS: Yeah. Oh my. Isn't that something? Yeah, that happens. That happens for sure. And we've had, you know, in my last book, The Lean CEO, I found some people, number of companies had fallen off the ladder. And gosh, the Shingo Institute had a real problem with that. People were winning Shingo prizes and then they were falling off the ladder, and they changed their emphasis on criteria now, and now they really emphasize culture. You can't just follow the principles, but you really have to get the culture, and they really grill them on that. So, interesting. Interesting.   0:11:38.2 AS: Yeah.   0:11:41.0 JS: But the first step, the reason I asked you if they've visited anybody is really, I think if you're starting from scratch at company A, I think the first thing is to go visit companies.   0:11:48.6 AS: Yep.   0:11:49.5 JS: I mean, you've got to see what's going on in companies that are different to even appreciate what's possible. And it's...   0:12:00.6 AS: 'Cause it's inspiring.   0:12:00.7 JS: It's not only inspiring, but you see things that you wouldn't expect to see. And I think what they said, what these folks have told me over and over again is that what you see is you actually feel it. There's a culture in there, there's a kind of an atmosphere when you walk in the door. And that's what really wows people. I hear that over and over again. So you have to feel that, you can't write that down, or you can't explain that in a talk. So I think that's really the first step. And fortunately, companies that have gone through these transformations are happy to welcome people to come visit, because it helps them reinforce their culture as well. So it's a reinforcing kind of thing. I think after you've done that, gone the rounds a bit, that's when you really need to assess where you are and what you wanna be. And I think there has to be some honest criticism about the kind of company you are. I don't know if you wanna call it soul-searching, but there's not a realization that we don't wanna go on as we were, you're really not gonna do much. So that's, I think, critically important. You're smiling. Do you have a story there?   0:13:20.8 AS: No, but I'm just, you know, it makes sense. It makes sense. I did actually, you know, in Thailand there was a company that I saw in the newspaper many years ago that it came out in the newspaper that they won the Deming Prize from Japan, from the Union of Scientists in Japan. And so I just called the company and I said, congratulations. And they said, great, thank you. And then I said, and I talked to the CEO of the company, and then I said, could I bring my staff from my coffee, you know, management team from the coffee business to come and see you guys? And he said, yeah. And that started a lifelong friendship with a guy named Srini, who was the guy who won that. He passed away about a year or two ago. And I featured him in my book on Transform Your Business with Dr. Deming's 14 Points. But the idea is...   0:14:11.0 JS: Oh yeah...   0:14:12.7 AS: Go out and...   0:14:14.0 JS: I love that book.   0:14:16.2 AS: Explore and see it, see what's out there.   0:14:16.3 JS: Yeah. For sure.   0:14:17.5 AS: Because you also, when you go out and explore, you also find out, hey, we're pretty good at some of these things and there's things that we're doing well, you know?   0:14:23.5 JS: Of course, of course. So once you've assessed your state, I think it's very, very important, even before you start talking to your people, 'cause it's gonna be a transformation, you're gonna demand an awful lot from your people, you've really got to know where you're going, and you have to establish a vision. And companies have different ways of doing that. But the one thing I would emphasize is that it's gotta be a vision with substance. And I think Dr. Deming would say, by what method? [laughter] You say where you're going. Right? So, for example, a hospital. I saw a hospital that did a very good job of that, establishing a vision, and they wanted to be the safest and most compassionate hospital in their region. They said, well, what would that look like?   0:15:13.3 JS: And they looked at, well, okay, safety would obviously be big. There would be fiscal responsibility. Wait time is a big issue in healthcare, be no waiting. I think there may have been one more as well. But anyway, they established these kinds of what I would call aspirational goals. It's where we, really where we want to be, and it's gotta be something that inspires employees, right? You wanna be a compassionate, safe place for patients to come. I mean, that's what people want. So then what they do is they took it a level down, and they said, okay, well, if we're going to have an exemplary safety record, what would that look like? How would we measure it? And they have safe... The health organizations have safety statistics. So, they have an institution, that third party organization that would report on the numbers, so they could set some targets according to that. And then they go down even further. They say, okay, safety. What are the things that we need to do? What are some of our weaknesses? So they say, well, patient falls was one of them. They have things like medication error, hospital acquired illnesses. So all this goes under the idea of no harm to patients, right?   0:16:44.0 AS: Yeah.   0:16:45.3 JS: All goes together. So, they then started to work on the most pressing one. You know, work on targets, do projects together, PDSA kinds of projects. And they chipped away at it and eventually with a number of projects, they were very successful. But I think the key, of course, is that problems in workplaces and hospitals, maybe especially, are very granular in lots and lots of things, so you need all hands on deck. But they were very, very successful at getting a very high rating just through these efforts. So, that's...   [overlapping conversation]   0:17:28.8 AS: Yeah, the vision with substance is a great one because I think lots of visions are flaky, and we've been working on the vision for Coffee Works, for my company, and that is we supply coffee to every leading brand in Thailand. And that's something that we can visualize, the employees can visualize, they can also see who we don't serve. And also when we lose a customer that's a leading brand, we can say we messed up, but when your contract's up with our competitor, we're gonna be back because we supply every leading brand in Thailand.   0:18:08.0 JS: Right, right.   0:18:10.3 AS: So, substance, vision. Yep.   0:18:13.3 JS: Yeah, definitely. Yeah. And I guess you share that, been sharing that kind of vision with your people for a long time, right?   0:18:18.3 AS: Yep.   0:18:21.6 JS: But I mean, would you say, how important would you say vision is? I mean...   0:18:23.2 AS: I think it's critical. And I think that part of what happens is that many companies start with a vision, and then they get, it's just so easy to get distracted. And there's so many, you know, business just grows complex, and then all of a sudden you feel like, we can do all of this, we can do this, we can do that, we can do this, we can do that. The best book on this is Good Strategy Bad Strategy by Richard Rumelt. And he talks a lot about what are bad strategies, and he talks about these fluffy visions that really don't help anybody. And so getting a vision with substance, I think is critical.   0:18:58.0 JS: Okay. So we got our vision, it's got real teeth. It's something that we can stand in front of our people and say, here's what we're going to do. And they won't say, oh, this is just another flavor of the month. They'll realize that we're serious and we're gonna do this. The next step, number four, is building trust. And that's extremely important. And one of the manufacturer actually told me a wonderful story about this. He was working in a very... Had a plant in a very rough neighborhood in Baltimore. And when he took over that plant as a general manager, there was terrible culture. People were... He said there was racism and there were just people quitting all the time. And just walking out the door, not showing up to work. You know, the workers hated management.   0:19:56.7 JS: So this guy went in onto the shop floors. I'm your new general manager. And he said he spent the first three or four months just talking to them about their lives. You know, he was committed to the Lean methodology, but he didn't talk about methods, how we're gonna do things different. He just found out what's important to these people. And a lot of 'em were financially strapped. They were in poor neighborhoods. So the direction was really how to make this company more profitable so we can pay you more. And that was kind of a guiding vision and remarkably successful how it did. How he won the people over. And I think there's so many people out there asking people to do things. And, you know, you really have to... Takes a lot of trust. I mean, you're gonna say, I'm gonna admit when I've made a mistake, I'm not gonna cover it up and you're not gonna fire me. You know, that's never happened. So...   0:21:02.9 AS: And I can tell you, for the listeners and the viewers out there, here's a good inspiring movie to get you an idea of thinking about how to get out on the shop floor and understand from the inside what's happening in the business. And the movie came out in 1980, and it's called Brubaker by Robert Redford. And it's the story of a new prisoner warden.   0:21:25.2 JS: Oh, I never saw it.   0:21:27.0 AS: Yeah. Prison warden who goes in as a prisoner, and the governor of the state has sent him in as a prisoner. And so he lives a prisoner's life for, I don't know how long it was, a week, a couple weeks, a month, until eventually he, you know, reveals himself and then takes over. And then he knew all the corruption and all the problems and all the issues, and he went about solving 'em. It's an inspiring movie.   0:21:54.2 JS: Yeah. And more recently, there was a program, I've seen a couple of episodes of Undercover CEO, you know, where CEO actually goes into the workplace in disguise and flips burgers or whatever. And then discovers what's really going on in the company.   0:22:09.2 AS: Yeah, that's a great. That's probably even more applicable.   0:22:11.2 JS: Yeah. Right. So building trust is just... It's very personal. And from that point, you start to make changes. But those changes... My favorite examples, I don't know if this is a general rule, but some of the best examples I've seen are working on safety. You work on safety because improving processes to make them safer is actually kind of like a gateway drug to doing continuous improvement, right? You start to understand what processes are, but first of all, people are improving the process in their own interest.   0:22:50.8 AS: Yep.   0:22:52.2 JS: So you get them very good at making these changes, proposing changes, speaking out, pointing out when other people are not following safety guidelines. Understanding that something has to stop when safety is not there. No, you build on the trust you created and you start to change the culture around that. So that's number five. So you notice I've gone five steps and we haven't introduced any methods or anything. You know, it's...   0:23:23.8 AS: What I noticed from those first five is that they're really all things that senior management need to do before they go out with all their exciting new ideas and start training people and start really bringing that out in a much more aggressive way.   0:23:41.5 JS: Exactly. So really step six is train and transform. And that's when we do all the... That's when we draw the diagrams, and that's when we start the PDSA training or the Kaizen events or whichever type of transformation you're doing. That's when we start to train the workforce and we start to undergo the transformation. So that's all the work, but the transforming work. But we've done enormous preparation before we get there. And I think that's what I've seen is the best way to do it. So we train and transform, and then of course we have to remove barriers as they come. So it might be removing some aspects of the accounting system because they might be holding us back. So you run into the barriers and you take on those barriers as you run into them and you build momentum.   0:24:36.3 AS: Yep.   0:24:38.6 JS: So step seven really is you're building this momentum and you raise the bar. You've done something and now you raise your standards and continue to raise them. And that leads you to a continually improving organization where you're always expecting to get better. People have a joy in work because they know that they're part of making something better. And you continue raising the bar 'cause people like a challenge.   0:25:07.9 AS: Yep.   0:25:08.5 JS: As long as it's a safe environment and as long as it's a team kind of self-supporting workplace. So finally we get to share and learn. So we've gone full circle. You know, you've got... You've gone through a transformation, you're proud of your work, and you start to open the door to visitors because that's where you really reinforce the culture. And, I don't know, you have... You say you have visitors at the coffee place?   0:25:45.9 AS: Yeah. I mean, for me, I just love going to companies that do like to share and learn. And I like to do that too. We get students, a lot of times it'll be like executive MBA students coming to Thailand and others that I'll bring out to the factory, so to get them to see how we do things. But I just personally love to... Well, it's great when you go out to a place, and there's a lot of factories in Thailand for sure where you can just see that they have a vision of what they're doing and they clearly communicate it. I had a company that I saw in the financial data many years ago when I was an analyst that really did something very odd, which was their cash conversion cycle was negative. Normally it's a positive thing for a manufacturing company 'cause they have a lot of inventory and accounts receivable and the like.   0:26:34.9 AS: And so I went out and I met with the CEO and then I said, how did you do this? He said, it took us five years, but we brought our inventory down to seven days of inventory. And how did you do it? And he took me out on the factory floor to meet all the different people doing it. And he said, I put people in teams and they work together and they try to figure out how do we reduce the inventory here? I help them see the overhead cost that's coming from the executives so they could calculate a P&L and understand like, how can they make their section, you know, better? And then he had some of the guys come and speak and explain what they were doing, some of the supervisors and managers on the shop floor. And I was like, wow, this was impressive. So love that sharing and learning.   0:27:22.7 JS: Yeah. No, it's great. And I've had wonderful visits where people are so excited about their work that you think, wow. And of course that means they're really, really productive. I mean, they just... They're doing it because they love it and it's... You can't compare with that kind of creativity that you get from that. So I guess that I'd like to talk a little about the competitive advantages here of taking this journey and, you know, that's the whole point. Productivity becomes your competitive advantage. You outproduce other companies with similar resources. And I believe that the way the world is changing right now, that competitive advantage for company B type companies is going to grow as things... And I have four reasons I cite for that.   0:28:21.0 JS: Reason one is flexibility, adaptability, agility, whatever you wanna call it. You know, we're going with manufacturing and services too much more into high mix, low volume type scenarios. So the mass production machinery approach has just become less and less relevant to manufacturing and also with services as well because it's not... It's less a ones size fits all kinda world. That's one very strong reason. The ability to hire talent. You know, we're just starting to see that. You know, people don't wanna work for these corporations that they feel don't have purpose. And couple of manufacturers actually told me, and this is in the US, I don't know how that compares with Thailand, but in the US he said there's a real crisis not just 'cause people maybe don't have jobs, but because people don't have purpose in their work, so people go home depressed, they take drugs and they've done medical studies on this.   0:29:30.3 JS: You know, if you don't have purpose in your work and you're doing something even though you know it's dumb and you're doing it anyway, just, you know, because to please the boss or whatever, that places huge stress on people. And there are actually medical... They've done medical studies on that, people who work in those kinds of jobs, on the negative effects. So anyway, I think getting the best talent, I hear that more and more anyone I talk to, and I think that's gonna be more and more of a factor. There's a whole deglobalization process going on right now. A lot of reshoring here in North America. People, you know, companies really realizing that sort of the fallacy of having these very, very long supply chains. So it's all about now shortening that supply chain, having immediate suppliers that are close.   0:30:23.9 JS: I mean, that's the only way you're gonna get your inventory turns down to 50 or whatever your friend was talking about. Right? And finally on climate change, that's getting tougher and tougher to deal with. And it's not just about governments not acting, but it's going to be scarcity of resources. It's going to be having to run businesses in difficult climate circumstances. It's gonna be government regulation. It's going to be whether people will come and work for companies that aren't making... Doing their bit to combat this. So those four reasons, I think that's a competitive advantage that's going to grow. And I think it's urgent that corporations act, and Dr. Deming warned that there'd be a crisis coming if companies kept running the way they were, and the crisis is here. We've arrived and, you know, the statistics are terrible. Don't have to bore you with those, but, you know, it's a very rough world and we need, obviously governments will have to act, but we need better companies. Now... Sorry, go ahead.   0:31:48.2 AS: I was... Yeah, that's why he entitled this book Out of the Crisis 'cause there was a crisis then, and the fact is there's still, and it's so many things are harder too particularly in the US with reshoring and that type of thing because education has been decimated also in the US so it's very hard to bring back, you know, engineering prowess and things like that, so. Yep.   0:32:14.1 JS: Yeah, for sure. So I... My sort of wrap up comment would be, answer to your question, not really a question, but your title, you talked about boosting Lean with Deming. So, you know, when we chat about this, but you know what, I was thinking about this, what as a person who wrote about Lean initially and then took a much deeper dive into Deming, what does Deming add, from my perspective? And what excites me the most about Dr. Deming is that I think he was less interested in maybe methods and more interested in fundamental truths. I mean, he really, I think put forward what are really fundamental truths about people, about the physical world and about how people in the physical world interact. And these are, like I say, this is not slogans or anything like this, this is science. I mean, these are proven scientific principles and I think those principles underline any method you use. You know, if you're really following that. And I'm not a Deming scholar enough to be able to say that that's what he meant by profound knowledge. But when you use the term profound knowledge, that's what that means to me. It means just a very fundamental knowledge of the way things work.   0:33:49.8 AS: Yeah. Well, it's exciting to think about how we can learn from what you've written about and what you've talked about. So ladies and gentlemen, the book is Productivity Reimagined: Shattering Performance Myths to Achieve Sustainable Growth. And I've really enjoyed our time, Jacob, to go through all the different myths and to hear the way you look at things which is coming from your direction originally, the Lean direction, and then bringing that thinking together with the teachings of Dr. Deming. So I just wanna thank you and give you the last word. If you'd like to wrap up for the listeners and the viewers to say, what's the main message you wanna get, want them to get out of all the... Out of the book and out of all of our discussion? How would you wrap it up?   0:34:45.4 JS: I would wrap it up by saying, let's look for those fundamental truths. You know, let's not look for slogans, let's not look for techniques. Let's look at what's really true about humans, about the physical world, and let's build our future based on that.   0:35:04.2 AS: Well, Jacob, on behalf of everyone at the Deming Institute, I wanna thank you again for this discussion right now and the prior discussions about each part of your book and the myths and the like. And for listeners, remember to go to deming.org to continue your journey, and you can find Jacob's book, Productivity Reimagined, at jacobstoller.com. This is your host, Andrew Stotz, and I'll leave you with one of my favorite quotes from Dr. Deming, "People are entitled to joy in work."

Hello Interactors,As the year ends, I reflect on 2024's top five essays and a shared theme emerges: the systems that define our lives. These systems intertwine nature and nurture, machines and morality, and markets and minds.From evolution's harmony to the moral balance of economic power, the co-opting of language to the divides between prosperity and precarity, our journey has revealed deep connections between people, place, and power.Let's rewind and reweave these connections into a broader narrative that sets us on our way to another trip around the sun.NATURE, NURTURE, AND NODAL NETWORKSIn “DEVO, Darwin, and the Evo-Devo Dance,” we explored how evolution reflects the eternal interplay between biology and environment, progress and adaptation. The evolution of synthesizers — as my daughter's playful experiments with sound reminded me — offers a metaphor for humanity's relationship with technology.This relationship echoes the broader theme of systems and evolution. Iterative changes and interactions between tools and users offer the potential to create new possibilities. As noted in the essay,"DEVO's fusion of human and machine echoes these evolutionary dynamics, where both biological and technological systems evolve through reconfiguration and integration, creating emergent complexity that Darwin could not have imagined."Just as synthesizers blend natural sound waves with human creativity, humanity's interaction with technology evolves in cycles of adaptation and transformation, shaping both the tools we use and the societies we build. We shape our tools, and they shape us in return.The blend of nature's design and our technological imprint creates an ecosystem of mutual influence, much like the Evo-Devo theories of biology, where small tweaks in developmental genes lead to dramatic evolutionary outcomes.This interplay of creation and transformation mirrors the cycles of human progress. Just as Hox genes orchestrate body plans, societal changes—spurred by technology or ideology—reshape our collective body. Whether it's the mechanistic choreography of DEVO's performances or the emergence of Evo-Devo in biology, the boundaries between human and machine blur.Are we programming nature, or is nature programming us? Perhaps the answer lies not in drawing distinctions but in understanding common patterns. These questions highlight the complexities of how we, and other organisms and systems, grow, adapt, and evolve in a world increasingly interwoven with introduced technology.From the mechanized rhythms of industrialization to the organic flow of natural systems, human -- and nonhuman -- there exists a tension and balance between stability and change. The teleonomic goal-directed behavior of living systems together with society's driving pulse of technology has fused into an unrecognizable but somehow familiar new existence. Even as we invent tools to navigate this existence, we become part of the systems we create—both shapers and shaped.The orchestration of evolution — like the many-layered songs of a many-player band — shows a world of many, connected, but not always planned.MARKETS, MACHINES, AND MORALITYThe Industrial Revolution brought unparalleled progress but also profound moral dilemmas. In “Markets, Machines, and Morality,” we reflected on Adam Smith's dual identity as both an economist and a moral philosopher. For Smith, markets were not just mechanisms of exchange but reflections of human nature. His “Theory of Moral Sentiments” reminds us that sympathy, justice, and prudence are vital governors of economic power — like James Watt's centrifugal governor, which balanced the speed of steam engines.But history shows us that unchecked systems, whether economic or mechanical, often prioritize efficiency over empathy. From Bentham's utilitarian calculus to the exploitative practices of modern capitalism, we've seen how the quest for profit can erode the moral underpinnings of society. Today's tech-driven economies, much like the Industrial Age's steam engines, require careful regulation to prevent runaway consequences. Smith's ideals of community benevolence and fair markets resonate more than ever.The unchecked growth of industrial power also highlights the tensions between human ingenuity and ethical responsibility. The centrifugal governor's simple elegance stands as a metaphor for our need to impose limits on excess, whether in economic policies, technological innovation, or social systems. Without these balancing mechanisms, we risk spiraling into inequity, instability, and dehumanization — a lesson as relevant today as it was in Smith's time.Moreover, the moral fabric underpinning economic actions — sympathy, justice, prudence — often fades in the shadow of profit-driven systems. Yet, these values remain the quiet governors ensuring that society's engines run not just efficiently but equitably.Smith's vision was never limited to wealth accumulation; it was about creating a society where individual pursuits align with collective well-being. Unlike today's economic practices, which often prioritize short-term profit over long-term societal health, Smith emphasized the importance of moral virtues such as sympathy and justice in guiding market dynamics.His insights are less about the "invisible hand" and more reminders to steer not only by the metrics of progress but also by the compass of morality. Like a finely tuned machine, morality should govern the obscene, in a more steady and fair routine.LANGUAGE, LANDSCAPE, AND LOSSLanguage has the power to shape identities and wield influence. These were the themes in “Woke and Wealth” and “Molding Minds Through the Markets of Material Worlds.” Words like “woke” and “decolonize”—once rooted in justice—have been distorted, co-opted by power to serve as tools of division. Similarly, capitalism's framing of “Homo Economicus”—the rational, self-interested individual—has reshaped not just our identities but the very landscapes we inhabit.These constructed identities reflect the power dynamics embedded in economic and geographic systems. The urban centers that thrive on globalized knowledge economies are mirrored by rural regions left to grapple with stagnation and decline, as explored in “Main Street to Metropolis.” As noted in that essay,“Rural areas have become Republican strongholds, drawn to promises of reversing globalization, reshaping economic policies, and making their communities great again.”These places — shaped by policies, demographics, and technology — become symbols of our collective divisions. Yet even amidst these fractures, alternative identities emerge. “Homo Ecologicus,” focused on environmental stewardship, and “Homo Absurdum,” embracing creativity and imagination, remind us of humanity's potential for resilience, community, and connection.The co-opting of language — turning tools of empowerment into instruments of division — illustrates the ongoing struggle for control over cultural and political narratives. When words like “woke” are weaponized, the original call for awareness and justice is lost in a haze of ideological conflict.Meanwhile, the landscapes shaped by economic systems mirror these distortions, transforming places of shared community into arenas of exclusion and competition. Consider, for example, the gentrification of urban neighborhoods. Once vibrant hubs of diverse community life, these areas often transform into exclusive enclaves where rising costs push out long-time residents, replacing shared culture with economic segregation.Yet, within these landscapes of loss lies the potential for renewal. Rural areas, often overshadowed by urban centers, remain spaces where alternative identities thrive. These identities, rooted in stewardship, creativity, and resilience, offer glimpses of a world where humanity's diversity can flourish.The challenge lies in amplifying these voices, reclaiming the power of language, and reshaping the spaces we inhabit to reflect our shared values. Language shapes, landscapes mold — our shifting sense of self is an ancient story retold.CLOSING THE LOOPLooking back at these essays, a recurring theme emerges: the interplay of systems that define our lives is not a one-way street. Nature and nurture, markets and morality, language and identity are all intertwined, multi- referencial, and dynamic webs with mirroring interdependencies. Progress is not linear; it's a cycle of creation, transformation, and sometimes regression where changes to one aspect ripple through the entire system.This echoes the recurring themes explored earlier — from the evolving interplay between nature and technology to the moral balance necessary in markets and machines. Together, these cycles reveal how change, though uneven, can guide us toward resilience and renewal when approached with awareness and intention. Herein lies hope. We all possess the potential, and these systems the possibility, to recalibrate the systems we control to balance human progress with equity, efficiency with empathy, and innovation with ethics.These systems remind us that resilience lies in adaptability. Fire, when controlled, can foster growth and create fertile soil. Uncontrolled fire destroys. Water can unite by sustaining life, connect ecosystems, and enable communication and trade through rivers and oceans. But it can also erode, rot, create barriers, or flood habitats and communities.As we humans innovate and advance, we can pause to reflect on the systems we create. We can ensure they serve not just the few but the many. Like water and fire, the narratives we construct, whether through language, policy, or technology, have the power to unite or divide.Our collective task is to craft stories that inspire connection and foster growth built on shared values. As we step into a new year, what questions should we ask about the systems we create? How can we ensure they unite rather than divide? What would it take to build systems rooted in equity, empathy, and sustainability? Perhaps, most importantly, how do these systems reflect who we are—and who we aspire to be? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit interplace.io

Hello Interactors,We often think of the economy as a fixed, objective force, separate from who we are. But what if it actually shapes our identities? Like a DJ mixing a set, economics amplifies certain behaviors and silences others. I saw this firsthand last summer when Calvin Harris performed live in Scotland, dynamically controlling thousands of people with a turn of a dial or push of a button…on tracks he'd already mixed in the studio!Brett Scott, in his recent Substack Remastering Capitalism, uses this music mixing metaphor to show how human nature is molded — elevated or suppressed — by economic systems. His insights remind me of social constructionism, which reveals that what we see as “natural” is often constructed by institutions, including the economy. Our many identities aren't just reacting to the system — they are being shaped by it.But what if Homo Economicus, the rational, self-interested individual, isn't who we truly or solely are? What if these systems are muting our most moral and communal parts? With my last three posts on economics in mind, let's explore how economics and geography construct — and limit — who we become.MARKETS MOLDING MINDSAt the heart of social constructionism is the idea that reality isn't something we passively experience — it's something actively constructed through our social interactions, power dynamics, and the institutions that shape our lives. One of the most powerful institutions in modern society is the economy, which shapes not just markets but the very way we see ourselves and our place in the world. And, as with all social constructs, it is influenced by those who hold power.In Econ 101, we're introduced to Homo Economicus, the rational, self-interested individual who makes perfectly reasoned decisions geared toward maximizing utility without emotional interference. Think Spock from Star Trek. This figure is more than a character or abstract concept; it reflects the values that the market rewards and those in power promote. In environments dominated by capitalist systems — corporate boardrooms, stock exchanges, financial districts — the behavior of Homo Economicus is not just encouraged, it's essential for success. These spaces reinforce particular versions of selves, constructed by the systems that surround them.Critical geographer David Harvey emphasizes how geography and power intersect, asking us to“Imagine, for example, the absolute space of an affluent gated community on the New Jersey shore. Some of the inhabitants move in relative space on a daily basis into and out of the financial district of Manhattan where they set in motion movements of credit and investment moneys that affect social life across the globe...”These elites embody Homo Economicus and reinforce the power dynamics of capitalism, constructing an economic landscape where rational self-interest reigns supreme.But Homo Economicus is not an innate human identity. Like the concept of the “divinely appointed king” in medieval Europe, it is constructed by the economic and social systems around us. Modern capitalism creates and rewards this notion of the self. But this doesn't mean we're trapped in this role — other tracks of human nature are waiting to be heard. The question is, can we turn up the volume on those other selves?MAPPING MONEY'S MIGHTThe dominance of Homo Economicus is not just theoretical — it plays out in real, physical spaces. Economic geography shows us how capitalism manifests in cities, financial hubs, and industrial centers, creating environments that reward certain behaviors while suppressing others. As Doreen Massey, a feminist geographer, notes, social relations are constructed across all spatial scales — from global finance to local communities — and these spaces, in turn, construct us. She writes,“'The spatial' then…can be seen as constructed out of the multiplicity of social relations across all spatial scales, from the global reach of finance and telecommunications, through the geography of the tentacles of national political power, to the social relations within the town, the settlement, the household and the workplace.”Having recently returned from New York and London last summer, I was surrounded by buildings and infrastructure designed to facilitate rapid decision-making and profit maximization. These financial districts are the birthplace of Homo Economicus, where competition, efficiency, and rationality are not only celebrated but engrained in the fabric of the city. But these aren't just neutral places where economic transactions happen — they were actively shaped by human identities to shape other human identities, constructing versions of selves.Yet, capitalism's steady beat doesn't stop at the thumping urban centers. It ripples outward, reshaping rural areas, natural landscapes, and global trade routes. In these spaces, a different identity might have flourished. For example, where I grew up in Iowa, rural areas are shaped by industrial agriculture where economic pressures push farmers to adopt monoculture practices, prioritizing profit over sustainability.My father worked for farm equipment maker, Massey Ferguson in the 1970s and 80s where the company had to respond to John Deere's introduction of industrial-sized articulated tractors sold to increasingly dominant large-scale farmers. Here, the track of Homo Ecologicus — the part of us that values balance and environmental stewardship — was quieted. Meanwhile, the relentless beat of industrial capitalism continues to drown it out.However, these tracks aren't erased. In more peripheral spaces — rural farms, local markets, and environmental movements — Homo Ecologicus still survives, embodying a different approach to the world, one that capitalism often suppresses.A 2023 study showed that if 25% of institutional buyers sourced fresh food from local farms, it could generate an $800 million impact on Iowa's economy, supporting over 4,200 mid-sized farms and creating numerous agricultural jobs. In 2024 alone, Organic Valley, a cooperative that supports organic farmers, brought 40 new family farms in just the first four months of the year and was expected to add 70 more by year-end.The geography of capitalism constructs these different forms of capitalism and the human identities behind them. Where we live and work reminds us that we are shaped by the spaces we occupy. Our identities are far from static — they are deeply influenced by the economic forces, choices, and physical landscapes we inhabit and navigate — the Interplace, if you will, the interaction of people and place.INDUSTRY INFLUENCED IDENTITIESAlthough capitalism has amplified Homo Economicus in both urban and rural spaces, other aspects of human nature persist. Social constructionism teaches us that while dominant systems shape our identities, they can also be resisted. And in moments of rebellion or creativity, tracks like Homo Ecologicus and Homo Absurdum emerge, reminding us of the full spectrum of the human experience.Homo Ecologicus embodies our connection to nature and the desire for harmony with the environment. In communities focused on re-greening — whether through small urban efforts, rural sustainability, or the traditional ecological practices of the Coast Salish, which I've explored previously — these identities resurface. The Coast Salish, like many Indigenous cultures, emphasize balance and stewardship, a mindset echoed in the research of architect and sustainable urbanist, Steffen Lehmann. For example, Lehmann highlights ‘nature-based solutions', as defined by the EU, are “‘inspired and supported by nature, which are cost-effective, simultaneously provide environmental, social and economic benefits and help build resilience (…) and bring more, and more diverse, nature and natural features and processes into cities, landscapes and seascapes, through locally adapted, resource-efficient and systemic interventions'.” Both Lehmann's findings and the Coast Salish practices show that environmental stewardship and economic growth can coexist, challenging the dominance of Homo Economicus.Homo Absurdum, the playful and imaginative side of human nature, similarly pushes back against the rigid logic of capitalism. My recent piece featuring DEVO, for example, showed how embraced absurdity, irony, and satire could form a critique of conformity and dehumanization wrought by modern capitalist society. DEVO's music wasn't just about self-expression — it was an act of resistance. They reminded us that creativity and play are as fundamental to human nature as rationality and profit-seeking. Homo Absurdum thrives in moments of rebellion, where we reject the idea that our worth is tied solely to economic productivity.Even Adam Smith, the so-called father of modern economics, understood that human identity was more complex than the rational self-interest of Homo Economicus. In The Theory of Moral Sentiments, Smith emphasized empathy and care, reminding us that“How selfish soever man may be supposed, there are evidently some principles in his nature which interest him in the fortune of others, and render their happiness necessary to him.”Smith was also a product of his time, and his economic theories were socially constructed, shaped by the social and political environment of 18th-century Scotland, including the strong influence of Protestant religious values, which emphasized moral responsibility, hard work, and empathy toward others.This brings us to an important realization: Homo Economicus is not the inevitable endpoint of human identity. It's one track, amplified by the systems that hold power today. The human playlist is far more diverse, with room for care, play, connection, and environmental stewardship if we create the conditions to let these tracks play.Economics is more than just markets and numbers — it's a powerful force that shapes who we are. Through the lens of social constructionism, we see how economic systems construct certain identities, amplifying some parts of ourselves while suppressing others. In a world dominated by capitalism, Homo Economicus reigns supreme, but this doesn't mean other tracks of human nature — like Homo Ecologicus, Homo Absurdum, or Homo Communis — are lost. These tracks are still present, waiting to be heard and made part of our collective human experience.Immanuel Wallerstein, in his World-Systems Analysis, reminds us that historical moments like the French Revolution disrupted the structures that had previously determined the dominant identities of the time, legitimizing power in the hands of the people instead of monarchs or legislators.He writes,“The French Revolution propagated two quite revolutionary ideas. One was that political change was not exceptional or bizarre but normal and thus constant. The second was that ‘sovereignty' — the right of the state to make autonomous decisions within its realm — did not reside in (belong to) either a monarch or a legislature but in the ‘people' who, alone, could legitimate a regime.”In the same way, we too can challenge the dominant economic structures of today by reshaping the various ‘selves' that make ‘ourselves.'I agree with Brett Scott when he challenges us to remaster our economic tracks based on these potentialities. To bring forward the voices of care, creativity, and environmental consciousness, and let them play a stronger part of the mix. Homo Economicus may be the dominant track for now, but we have the power to remaster the mix. Let's strive for all the tracks of the human experience to play their part in creating a new, shared, and well-balanced harmony. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit interplace.io

The entire edifice of economics is predicated on the assumption that human beings are rational creatures, who are capable of maximising their self-interest. This idea of homo-economicus has been challenged by the newer branches of economics, namely behavioural economics. Ashish Kulkarni joins Anupam Manur in discussing whether the idea of homo-economicus can still withstand the scrutiny of our modern understanding of human behaviour and what this implies for economics and public policy. All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru. Find out more on our research and other work here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://takshashila.org.in/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Check out our public policy courses here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://school.takshashila.org.in⁠

Jamil Zaki is a Stanford researcher and the author of the new book, Hope for Cynics: The Surprising Science of Human Goodness. He brings us a rare positive view of how our society has evolved, what it's evolved into, and he explains the flawed idea of "homo economicus." What does that mean? Listen. Also on the show, hawk tuah. Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist Subscribe: https://subscribe.mikepesca.com/ Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

Who could have believed it? On a cold, wet night in Westminster, Rishi Sunak stunned the nation with an unexpected announcement: a General Election for July 4th. Today's podcast couldn't be more timely as we dive into an in-depth analysis of the UK's political and economic landscape over the past 14 years. From the impacts of austerity and Brexit to the COVID-19 pandemic, we cover it all.Joined by Dr. Nicola Headlam, an expert in subnational economic policy development, we dissect the mismanagement of these crises, the deterioration of public services, and the widening inequality gap. This episode is essential listening for anyone invested in the UK's political and economic future. Our conversation critiques current government policies, highlighting the urgent need for a robust plan to tackle economic inequality, recapitalise the poor, and fundamentally shift the country's economic strategies. We advocate for a future government that prioritises progress over power and implements policies that genuinely benefit the population, countering the systemic challenges of years of poor governance.Timestamps:00:00 Opening Remarks00:21 Insights on UK's Economic Challenges00:45 The Banking Crisis and Long-term Effects05:03 Sunak's Leadership and Political Landscape06:39 The Impact of Austerity, Brexit, and COVID08:49 The Dire State of Public Services13:07 Economic Policies and Time for Change18:33 The Role of Local Government and Community in Recovery33:08 Addressing Inequality and the Future of UK34:42 Butler to the World: A Detailed List of Heterodox Economic Thinkers & Books for a Path Forward38:40 Reimagining UK's Economic and Social Policies53:50 Closing ThoughtsEnjoyed the podcast?

¿Qué relevancia tiene y puede tener el derecho en la arquitectura de las decisiones? ¿Realmente los seres humanos somos racionales? ¿Es conciliable el interés general con los intereses individuales? ¿Egoísmo y colaboración son excluyentes? Víctor Gómez Ayala Modera: José Roldán Xopa

Peter Fleming is an internationally recognised researcher focusing on the future of work and the serious ethical implications it raises. He investigates the forces that shape the new economy, particularly its dysfunctions, and seeks to provide innovative theories to help us better understand the socio-economic consequences of work and employment. During Peter's tenure as Professor of Business and Society at City University of London, he chaired the London Living Wage Symposium at the House of Commons. He was awarded the Dean's Prize for Teaching and Learning Excellence at Cass Business School (now Bayes Business School). Peter has also been a guest speaker at the European Commission. Peter is the author of 11 books, including The Worst is Yet to Come (named book of the month by the Tate Modern, London), The Mythology of Work, Sugar Daddy Capitalism, The Death of Homo Economicus and Dark Academia. His research has been published in leading journals in organisation studies, sociology and social theory. He is senior editor at Organization Studies and an Editorial Review Board member of the Academy of Management Review.Peter is a regular commentator for print, online and broadcast media in Australia and the United Kingdom.Sartre's Lost Organization Theory: Reading the Critique of Dialectical Reason Today by Peter Fleming: https://cyberdandy.org/wp-content/uploads/2024/05/Peter-Fleming-Sartres-Lost-Organization-Theory-Reading-the-Critique-of-Dialectical-Reason-Today.pdfPeter Fleming at UTS:https://profiles.uts.edu.au/Peter.Fleming/aboutSupport the Show.

What if rational economic man existed? How would they view the current state of the planet? How would they solve ‘the economic problem'? If it was to be solved by extreme methods, how would you respond? In this new play by your friendly neighbourhood economists, Pete and Gav, these issues are tackled in a fun and thought-provoking manner. Will you side with Dr Becker, the doctor who has created ‘Homo Economicus' or will you side with Adam The Clone? Listen to the play and then have a think about some of the questions that have been put online to discuss. Thanks always goes to Nic for his production wizardry and to Kate for being the narrator.

Da ex impiegato della Telecom con da parte 15 milioni di lire nel 2001, come ha fatto Giuseppe a scivolare in una vita da poveri?

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Govert Buijs in gesprek met emeritus hoogleraar economie Lans Bovenberg over economie-onderwijs. Volgens hem heeft het beeld van de mens als homo economicus meer kwaad dan goed gedaan en maakt juist samenwerken ons menselijk. Dat vereist wel vertrouwen, wat Lans Bovenberg ons belangrijkste kapitaal noemt. Ook moet de economie af van doorgeslagen modeldenken, maar kunnen we niet helemaal zonder: "Zonder modellen vaart niemand wel, maar er schuilt wel een gevaar in." -- Bestel hier kaartjes voor de aankomende Nacht van de Nieuwe Wereld; als u patroon bent op petjeaf.com, krijgt u korting: https://dnw.eventgoose.com/ -- Bronnen en links bij deze uitzending: Een eerder gesprek over economie-onderwijs o.l.v. Govert Buijs: https://www.youtube.com/watch?v=6TXRuWgCz4E De afscheidsrede van Lans Bovenberg: https://pure.uvt.nl/ws/portalfiles/portal/68477984/Bovenberg_Burgerschap_10_03_2023.pdf

Der Homo oeconomicus, wörtlich übersetzt „der ökonomische Mensch“ oder „ der wirtschaftende Mensch“, spukt seit fast 200 Jahren durch die Ökonomik. Verstanden wird darunter eine rationale, rein auf Nutzenmaximierung ausgelegte Person. John Stuart Mill und andere Theoretiker des 19. Jahrhunderts schufen mit dieser Figur ein wirkmächtiges Idealmodell, das jedoch nicht eins zu eins in der Wirklichkeit anzutreffen ist. Viele verleitete diese Figur dennoch zu dem Kurzschluss, dass jeder Mensch nur und ausschließlich ein Gewinnmaximierer sei. In der neoklassischen Wirtschaftslehre dient dieser Reduktionismus auf den Homo oeconomicus nicht nur für Modellrechnungen, sondern oft wird damit auch der Kapitalismus enthistorisiert und damit naturalisiert. Heterodoxe Ökonomen kritisieren dieses einseitige Verständnis. Wo ist diese Kritik berechtigt? Und wann verkennt sie das eigentliche Problem? Wie sollte die VWL mit dem Homo oeconomicus verfahren? Darüber sprechen Ole Nymoen und Wolfgang M. Schmitt in der neuen Folge von „Wohlstand für Alle“! Ole findet ihr bei TikTok unter: https://www.tiktok.com/@ole_nymoen Literatur: Joseph Persky: "Retrospectives: The Ethology of Homo Economicus", in: https://www.jstor.org/stable/2138175. Walter Otto Ötsch: "Das Bewußtsein des Homo Oeconomicus". Irene C. L. Ng/Lu-Ming Tseng: "Learning to Be Sociable The Evolution of Homo Economicus", in: https://www.jstor.org/stable/27739704. Ihr könnt uns unterstützen - herzlichen Dank! Patreon: https://www.patreon.com/oleundwolfgang Steady: https://steadyhq.com/de/oleundwolfgang/about Paypal: https://www.paypal.me/oleundwolfgang Konto: Wolfgang M. Schmitt, Ole Nymoen Betreff: Wohlstand fuer Alle IBAN: DE67 5745 0120 0130 7996 12 BIC: MALADE51NWD Social Media: Instagram: Unser gemeinsamer Kanal: https://www.instagram.com/oleundwolfgang/ Ole: https://www.instagram.com/ole.nymoen/ Wolfgang: https://www.instagram.com/wolfgangmschmitt/ TikTok: https://www.tiktok.com/@oleundwolfgang Twitter: Unser gemeinsamer Kanal: https://twitter.com/OleUndWolfgang Ole: twitter.com/nymoen_ole Wolfgang: twitter.com/SchmittJunior Die gesamte WfA-Literaturliste: https://wohlstand-fuer-alle.netlify.app

If you are into witch trials, wife sales or piracy, well, this podcast if for you. Peter Leeson, economist from George Mason Unviersity, is studying strange customs trying to find the reason behind them. Rational reason. Homo economicus is not dead - he says - it's a useful model!

Žijeme ve společnosti dostatku? Jak kdo. Někteří lidé vydělají za rok tolik, co by si pracovník s mediánovým příjmem vydělal zhruba od doby bronzové. Jiní se strachují, že se rozbije pračka a novou nebude z čeho uhradit. Post-růstové strategie hledají trajektorie dostatku, které budou sociálně spravedlivé a udrží ekonomiku v planetárních mezích. Kdyby veškeré lidstvo spotřebovávalo jako Evropa, museli bychom čerpat zdroje ze tří planet.Všechny díly podcastu Podhoubí můžete pohodlně poslouchat v mobilní aplikaci mujRozhlas pro Android a iOS nebo na webu mujRozhlas.cz.

„Zmierzch homo economicus. W którą stronę zmierza ekonomia?” – wykład Tomáša Sedláčka, czeskiego ekonomisty, zorganizowany został przez Fundację Forum Europejskie, Wydział Nauk Ekonomicznych Uniwersytetu Warszawskiego, 16 listopada 2012 [1h27min] Tomáš Sedláček wygłosił wykład na Wydziale Nauk Ekonomicznych UW przy okazji swojej wizyty w Polsce i promocji nowej książki pt. „Zmierzch homo economicus. W którą stronę idzie światowa ekonomia?”. W trakcie krótkiego wykładu Tomáš Sedláček opowiedział o prognozowaniu i budowaniu modeli ekonomicznych. Według niego ekonomiści bardzo często zapominają o wprowadzonych do swoich rozważań założeniach i głoszą je jako obowiązującą prawdę – człowiek jest istotą wolną, postępującą racjonalnie, optymalizującą swoje wybory, itd. Sedláček stwierdził też, że jako jedyna grupa naukowców, ekonomiści wierzą, że są w stanie przewidzieć przyszłość. Bez wahania podają np. o ile wzrośnie GDP, czy o ile spadną stopy procentowe, mimo, że tak naprawdę ich prognozy oparte są o modele z całą masą założeń. W czasie dyskusji jeden ze słuchaczy zadał pytanie o ekonomię behawioralną, racjonalność i nieracjonalność ludzkiego postępowania. Następna osoba prosiła o wyjaśnienie pojęcia maksymalizacji użyteczności, o egoizm i altruizm w ekonomii. Inny uczestnik spotkania zapytał Tomáša Sedláčka o to jak może pracować dla banku, skoro uważa, że system nie działa jak powinien. Padło pytanie o prognozowanie i przewidywanie w ekonomii. Tomáš Sedláček przyznał, że stara nie zajmować się prognozowaniem. Według niego, mimo budowania bardzo skomplikowanych modeli, nie jesteśmy w stanie stwierdzić jak zachowa się rynek czy konsumenci. Ekonomią w równym stopniu rządzą emocjonalne i racjonalne decyzje i nie jesteśmy w stanie tego rozdzielić. Każda podejmowana przez nas decyzja ma w sobie cząstkę racjonalną i część emocji. Nie panujemy nad tym. Na zakończenie ekonomista mówił o nadmiernym wykorzystywaniu matematyki w ekonomii i niemożliwości wycenienia wszystkiego wokół. Tomáš Sedláček – czeski ekonomista, w przeszłości doradca prezydenta Václava Havla oraz ministra finansów (lata 2004–2005). Główny makroekonomista i strateg banku ČSOB, wykłada ekonomię oraz historię teorii ekonomicznych w Instytucje nauk społecznych Uniwersytetu Karola w Pradze oraz na University of New York in Prague. W roku 2006 czasopismo Yale Economic Review podało go jako jednego z pięciu młodych najlepiej rokujących ekonomów. W marcu 2011 roku stał się członkiem rady nadzorczej Nadačního fondu proti korupci (Organizacji funduszu przeciw korupcji). Autor „Ekonomia dobra i zła” i „Zmierzch homo economicus”. Znajdź nas: https://www.youtube.com/c/WszechnicaFWW/ https://www.facebook.com/WszechnicaFWW1/ https://anchor.fm/wszechnicaorgpl---historia https://anchor.fm/wszechnica-fww-nauka https://wszechnica.org.pl/

Capitulo 7: Está en nuestra naturaleza • Unidos por vínculos ancestrales • El sorprendente papel de la conexión en la cooperación • Larga vida al Homo Dictyous • Quién mató al Homo Economicus? • Buscando al Homo Economicus por todo el mundo • Aprender de los gemelos • Las redes también están en nuestros genes • La soledad del cazador-recolector • Topillos, macacos, vacas y senadores • Conectados a un poder superior • Cuántos amigos se pueden tener? • Un cerebro para las redes sociales • Acicalar a tus amigos, o simplemente hablarles?

Homo economicus | Homo economicus, or economic man, is a theoretical abstraction that neoclassical economists use to describe a perfectly rational human being.  

Amidst widespread talk of income inequality and the rise in working women, many American men have retreated from the labor force steadily since 1965. Nicholas Eberstadt, AEI's Henry Wendt Chair in Political Economy, noticed this trend in 2014 and began work on a project tracking men who lie outside the reach of traditional measures of unemployment since they are not working or looking for work. That project culminated in https://www.amazon.com/Men-Without-Work-Americas-Invisible/dp/1599474697/ref=sr_1_1?adgrpid=1331509147128689&hvadid=83219392903661&hvbmt=be&hvdev=c&hvlocphy=90931&hvnetw=o&hvqmt=e&hvtargid=kwd-83219671600453%3Aloc-190&hydadcr=22625_10475310&keywords=men+without+work+america%27s+invisible+crisis&qid=1665065972&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sr=8-1 (Men Without Work: America's Invisible Crisis). In 2022, Eberstadt released a https://www.aei.org/research-products/book/men-without-work-2/ (Post-Pandemic Edition) of Men Without Work, which forms the backbone of today's discussion. We discuss who the men without work are, how they spend their time, and how to convince society that work as an institution is a worthy investment of time. Mentioned in the Episode https://www.bing.com/ck/a?!&&p=fd9fda5cd1fa1320JmltdHM9MTY2NTAxNDQwMCZpZ3VpZD0yOGE4MWM4ZS1hNjBlLTYyYjktMDU0OC0wYzAxYTc1YzYzZjAmaW5zaWQ9NTE5OQ&ptn=3&hsh=3&fclid=28a81c8e-a60e-62b9-0548-0c01a75c63f0&psq=harvard&u=a1aHR0cHM6Ly93d3cuaGFydmFyZC5lZHUv&ntb=1 (Harvard University) https://revelle.ucsd.edu/about/roger-revelle.html (Roger Revelle) – https://fellowshipapp.aaas.org/app/main/page/about-stpf (AAAS) https://www.aei.org/ (American Enterprise Institute) https://www.amazon.com/Men-Without-Work-Americas-Invisible/dp/1599474697/ref=sr_1_1?adgrpid=1331509147128689&hvadid=83219392903661&hvbmt=be&hvdev=c&hvlocphy=90931&hvnetw=o&hvqmt=e&hvtargid=kwd-83219671600453%3Aloc-190&hydadcr=22625_10475310&keywords=men+without+work+america%27s+invisible+crisis&qid=1665065972&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sr=8-1 (Men Without Work: America's Invisible Crisis) https://www.aei.org/research-products/book/men-without-work-2/ (Men Without Work: Post-Pandemic Edition) https://www.bls.gov/cps/definitions.htm#nilf (NILF (Not in Labor Force) Rate ) https://www.bls.gov/cps/definitions.htm#employed (BLS Definition of Employed - 1 hour per week) https://www.cdc.gov/nchs/data/hestat/marriage_rate_2018/marriage_rate_2018.pdf#:~:text=Marriage%20rates%20increased%20beginning%20in%201963%2C%20reaching%20a,2017%20at%20a%20range%20between%206.8%20and%207.0. (US Marriage Rates) https://www.census.gov/content/dam/Census/library/visualizations/time-series/demo/families-and-households/hh-1.pdf (US Family Structure 1965 to now) https://news.gallup.com/poll/200186/five-key-findings-religion.aspx#:~:text=The%205%25%20who%20identify%20with%20a%20non-Christian%20religion,2.%20The%20trend%20away%20from%20formal%20religion%20continues. (US Religiosity 1965 to now) https://www.congress.gov/bill/104th-congress/house-bill/3266 (1996 Welfare Reform) https://www.stitcher.com/show/banter-an-aei-podcast/episode/yuval-levin-on-american-institutions-87797963 (Yuval Levin on formative institutions) https://www.theatlantic.com/business/archive/2017/06/disappearance-of-the-summer-job/529824/ (Decline of the Summer Job) https://www.investopedia.com/ask/answers/08/homo-economicus.asp (Homo Economicus)

In this episode of Acton Vault, Dr. Jordan Ballor, director of research at the Center for Religion, Culture & Democracy, delivered a plenary lecture at Acton's first annual academic colloquium entitled “Is Homo Economicus Sovereign in His Own Sphere? A Challenge from Neo-Calvinism for the Neoclassical Model.” Ballor is also the series editor of the Abraham Kuyper Collected Works in Public Theology. Subscribe to our podcasts Abraham Kuyper Collected Works in Public Theology | Lexham Press About Jordan Ballor, D.theol., Ph.D. The Center for Religion, Culture & Democracy How does human work further human dignity? | Acton Institute Entrepreneurship in theological perspective: Creative and innovative | Acton Institute See acast.com/privacy for privacy and opt-out information.

Professor Martha Albertson Fineman of the Emory University School of Law discusses her article “Cracking the Foundational Myths: Independence, Autonomy, and Self-Sufficiency” in the book “Feminism Confronts Homo Economicus: Gender, Law, and Society,” co-edited with Patterson, Belknap, Webb & Tyler associate Terence Dougherty. Professor Miranda Stewart of the University of Melbourne Law School provides commentary. UVA Law professor Ruth Mason and Oxford University professor Tsilly Dagan also discuss the work. This event was held as part of the “Tax Meets Non-Tax” Oxford-Virginia Legal Dialogs workshop series that builds bridges from tax to other kinds of scholarship. (University of Virginia School of Law, April 7, 2022)

“Consumi o scegli?”, questo l'interrogativo audace e diretto che Alessandro Franceschini, intervistato per Radio Ca' Foscari, sceglie come titolo del suo nuovo libro, in cui argomenta “il potere della sostenibilità per cambiare l'economia”. Da giugno 2020, Alessandro Franceschini è alla guida della più grande realtà di commercio equo-solidale in Italia, Altromercato, incentrata su ambiente, popolazione e prosperità, elementi inscindibili della sostenibilità autentica di cui si fa portavoce.La quotidiana azione di Acquistare, che tutti noi compiamo spesso passivamente, è in realtà un gesto politico: il presidente illustra nel suo libro la figura del consumatore, incoraggiando una trasformazione da Homo Economicus a “Consumattivista”. La nuova pubblicazione, edita da Altraeconomia, fa parte della recente campagna di comunicazione di Altromercato, caso studio emblematico per la sua ottica di marketing e riorganizzazione manageriale, indirizzate non verso l'economia ma la sostenibilità a livello globale.Attraverso cooperazione internazionale, filiere etiche e veri e propri prodotti manifesto, Altromercato capovolge le abitudini consumistiche contemporanee per far spazio a scelte più ecosolidali, nell'auspicio di un cambiamento culturale volto alla sostenibilità a 360°.

Świąteczna opowieść o cnocie wydajności, grzechu przyjemności i trzech dużych izmach. Jak się rodził kapitalizm? Kto i dlaczego tępił animizm? Komu jest potrzebny dualizm? Solowa medytacja nad lekturą o postwzroście: Mniej znaczy lepiej, Jasona Hickiel'a. Zapraszam! IG @odpowiedzialnamoda.pl blog: katarzynazajaczkowska.com ☕Jeśli doceniasz moją pracę i chcesz wesprzeć ten kanał wirtualną kawę- dziękuję! https://buycoffee.to/odpowiedzialnamoda #odpowiedzialnamoda #katarzynazajaczkowska #kapitalizm

Elokapina jakaa mielipiteitä. Toiset näkevät liikkeen naiviien vihervasemmistolaisen poppoona, joka kiukuttelee, häiriköi ja luo anarkiaa. Toiset kokevat Elokapinan uudenlaisena, tarpeellisensa ilmastopolitiikan sanansaattajana, joka luo näkyvyyttä ilmastohätätilalle. Näkyviä mielenilmauksia järjestävä liike, on 29. syyskuuta palaamassa Mannerheimintielle. Tarkoituksena on viettää kymmenen päivää Helsingin keskeisimmällä kulkuväylällä, ja painostaa Suomen poliittisia päättäjiä kiristämään ilmastotoimia. Piritorin vieraaksi saapui yksi liikkeessä vaikuttavista aktivisteista. Topi-Matti on työssäkäyvä nuori aikuinen, joka haluaa kansalaisaktivisimin kautta herättää keskustelua vallitsevista yhteiskunta- ja talousrakenteista. Keskustelun ohessa ongelmaksi nousi mm. käsite “Homo Economicus”, joka tavoittelee vain omaa etuaan ja kuluttamisen juhlaan. Ratkaisumalleina ongelmaan Topi-Matti nosti aihiot “donitsitalous” ja “kansalaisfoorumi”.

Kelan tutkimusprofessori Hennamari Mikkola ja Turun yliopiston sosiologian professori Mikko Niemelä pohtivat, kenelle sosiaaliturvamalli ja sen palvelut on oikeastaan suunniteltu. Toimittaja Anu Partanen vertailee Suomen ja Yhdysvaltojen sosiaaliturvamallien ihmiskäsityksiä. Keskustelua johdattelee Aalto-yliopiston taloustieteen professori ja Helsinki GSE:n Tilannehuoneen vetäjä Otto Toivanen.

This chapter is from the book “Break-Out From the Crystal Palace, The anarcho-psychological critique: Stirner, Nietzsche, Dostoevsky” by John Carroll and published by Routledge. I am reading from the first edition (1974) and have linked the second edition (2010) pdf below. The previous chapters of the book, “The Critique of Ideology,” “The Critique of Knowledge,” and “The Critique of Homo Economicus” were previously recorded and can be searched by Title or follow this link to everything by John Carroll. Break-Out From the Crystal Palace (2nd ed. 2010) Immediatism.com My other podcast, PointingTexts.org Feedback and requests to Cory@Immediatism.com, and your comment may be shared in a future episode.

This chapter is from the book “Break-Out From the Crystal Palace, The anarcho-psychological critique: Stirner, Nietzsche, Dostoevsky” by John Carroll and published by Routledge. The chapter “The Critique of Homo Economics” will be covered in five (5) episodes. I am reading from the first edition (1974) and have linked the second edition (2010) pdf below. The previous chapters of the book, “The Critique of Ideology” and “The Critique of Knowledge,” were previously recorded and can be searched by Title or follow this link to everything by John Carroll. Break-Out From the Crystal Palace (2nd ed. 2010) Immediatism.com My other podcast, PointingTexts.org Feedback and requests to Cory@Immediatism.com, and your comment may be shared in a future episode.

This chapter is from the book “Break-Out From the Crystal Palace, The anarcho-psychological critique: Stirner, Nietzsche, Dostoevsky” by John Carroll and published by Routledge. The chapter “The Critique of Homo Economics” will be covered in five (5) episodes. I am reading from the first edition (1974) and have linked the second edition (2010) pdf below. The previous chapters of the book, “The Critique of Ideology” and “The Critique of Knowledge,” were previously recorded and can be searched by Title or follow this link to everything by John Carroll. Break-Out From the Crystal Palace (2nd ed. 2010) Immediatism.com My other podcast, PointingTexts.org Feedback and requests to Cory@Immediatism.com, and your comment may be shared in a future episode.

This chapter is from the book “Break-Out From the Crystal Palace, The anarcho-psychological critique: Stirner, Nietzsche, Dostoevsky” by John Carroll and published by Routledge. The chapter “The Critique of Homo Economics” will be covered in five (5) episodes. I am reading from the first edition (1974) and have linked the second edition (2010) pdf below. The previous chapters of the book, “The Critique of Ideology” and “The Critique of Knowledge,” were previously recorded and can be searched by Title or follow this link to everything by John Carroll. Break-Out From the Crystal Palace (2nd ed. 2010) Immediatism.com My other podcast, PointingTexts.org Feedback and requests to Cory@Immediatism.com, and your comment may be shared in a future episode.

This chapter is from the book “Break-Out From the Crystal Palace, The anarcho-psychological critique: Stirner, Nietzsche, Dostoevsky” by John Carroll and published by Routledge. The chapter “The Critique of Homo Economics” will be covered in five (5) episodes. I am reading from the first edition (1974) and have linked the second edition (2010) pdf below. The previous chapters of the book, “The Critique of Ideology” and “The Critique of Knowledge,” were previously recorded and can be searched by Title or follow this link to everything by John Carroll. Break-Out From the Crystal Palace (2nd ed. 2010) Immediatism.com My other podcast, PointingTexts.org Feedback and requests to Cory@Immediatism.com, and your comment may be shared in a future episode.

"What is the economy? Who is it? It's not an abstract thing out there. It's how people negotiate their daily lives." "How can we re-imagine economic growth and economic well-being? how can we make that something that is real and takes us away from a constant crisis and that gives people hope and faith in community, in democracy, rather than...going into more and more divisiveness? "The vision of vulnerability that MF offers gives us a way to rethink the economy in a way that would bring us together and move us through some of these...incredible challenges that we face today. This interview with Professor Martha T. McCluskey discusses her work and involvement with the Feminism and Legal Theory Project, and her contribution to the collection, "Feminism Confronts Homo Economicus: Gender, Law, and Society." https://www.cornellpress.cornell.edu/book/9780801489419/feminism-confronts-homo-economicus/

If you are into witch trials, wife sales or piracy, well, this podcast if for you. Peter Leeson, economist from George Mason Unviersity, is studying strange customs trying to find the reason behind them. Rational reason. Homo economicus is not dead - he says - it's a useful model!Support the show (https://www.paypal.com/paypalme/sebastianstodolak)

Kada ti je cilj postati Mr. Olimpia mnogo stvari je potrebno staviti na kocku. Odnose sa ljudima, zdravlje, kvalitetu života, uživanje u hrani, slobodno vrijeme. Kako onda netko može reći da vidi smisao u tome? Upravo kroz moje propitkivanje htio sam saznati što to mora biti tako privlačno u tolikoj količini odricanja. 00:00 Intro 03:45 Moje odbijanje škole- što je jedina stvar koju me škola naučila 12:45 Sanjao sam o Mr. Olimpji 16:50 Koliko je odricanja potrebno kako bi se ostvario uspjeh u bodybuildingu 23:57 Profesionalni sportaši nikako ne bi trebali biti ambasadori svog sporta 32:25 Ženski bodybuilding, prenabildane žene i gubitak ženstvenosti 35:12 Hustle culture, Homo Economicus, društveno nadmetanje 46:30 Kako se nositi sa strahom 55:15 Kako definirati uspjeh 01:00:35 Pogreška je najbolja učiteljica u životu 01:04:00 Kako se nositi sa kritikamae 01:06:50 Biti motiviran od ranog jutra 01:14:30 Čitanje knjige koje ima smisla 01:29:40 Koliko danas ljudi razmišljaju o smrti i samoubojstvu 01:34:28 Zadovoljstvo života je u radu i odnosu sa osobama pored nas 01:37:35 Blic pitanja

What do you see when you peek behind the curtains of neoliberal capitalism? What happens when you lift the veil off? Well, you see a mythological character. An apparition that haunts our collective consciousness. A spectre that permeates our institutions and that has epistemologically imprisoned us. Homo economicus. The term Homo economicus, or economic man, is a core principle in mainstream economic thinking. It’s a portrayal of humans as being inherently rational, greedy, and self-interested. We first got interested in the idea of Homo economicus when we started noticing a consistent barrier that many people have with the possibility of imagining a more just, solidaritistic, and sustainable economic future, stems from their assumptions about human nature. Time after time, we’ve heard — “But, humans are naturally selfish, so any system based on trust, equity, and true democracy would never work.” Where did the idea of Homo economicus come from? Why is it so embedded in mainstream economic thinking? And most importantly, is it true? Are we Homo economicus? Or are we the opposite — kind, compassionate, altruistic beings whose good nature has been thwarted by a mistaken view of our own humanity? Or is the truth somewhere in between? These are some of the questions we will be exploring in this episode, “Debunking the Myth of Homo economicus.” Featuring: Bayo Akomolafe — Philosopher, author, professor, and organizer currently based in India David Sloan Wilson — Evolutionary biologist and a Professor of Biological Sciences and Anthropology at Binghamton University in New York. George Monbiot — Journalist and author of "Out of the Wreckage: A New Politics for an Age of Crisis" Kate Raworth — Renegade economist and author of "Doughnut Economics" Matt Christman — Co-host of the Chapo Traphouse podcast Peter Fleming — Professor in organization theory and author of "The Death of Homo economicus" Tom Crompton — Co-director of the Common Cause Foundation Vas — Former economics student (Vas declined to provide her last name) Yuan Yang — Founder of Rethinking Economics Music by: Haley Heynderickx American Football Many thanks to Charlie Young for the cover art, as well as to Elle Bisgard Church, Lilly Datnow, and Emmanuel Brown for their research and support for this episode. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you! www.upstreampodcast.org/support Support for this episode of Upstream was provided by The Guerrilla Foundation, supporting activists & grassroots movements to bring about major systemic change. Additional support was provided by the Upstream Works Collaborative. Taking a systems approach to uplifting communities, they also go upstream to address the root causes of social, economic, and environmental injustices. Learn more at UpstreamWorks.org. For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast twitter.com/UpstreamPodcast Instagram.com/upstreampodcast You can also subscribe to us on Apple Podcast and Spotify: Apple Podcast: www.podcasts.apple.com/us/podcast/up…/id1082594532 Spotify: spoti.fi/2AryXHs

What do you see when you peek behind the curtains of neoliberal capitalism? What happens when you lift the veil off? Well, you see a mythological character. An apparition that haunts our collective consciousness. A spectre that permeates our institutions and that has epistemologically imprisoned us. Homo economicus. The term Homo economicus, or economic man, is a core principle in mainstream economic thinking. It’s a portrayal of humans as being inherently rational, greedy, and self-interested. We first got interested in the idea of Homo economicus when we started noticing a consistent barrier that many people have with the possibility of imagining a more just, solidaritistic, and sustainable economic future, stems from their assumptions about human nature. Time after time, we’ve heard — “But, humans are naturally selfish, so any system based on trust, equity, and true democracy would never work.” Where did the idea of Homo economicus come from? Why is it so embedded in mainstream economic thinking? And most importantly, is it true? Are we Homo economicus? Or are we the opposite — kind, compassionate, altruistic beings whose good nature has been thwarted by a mistaken view of our own humanity? Or is the truth somewhere in between? These are some of the questions we will be exploring in this episode, “Debunking the Myth of Homo economicus.” Featuring: Bayo Akomolafe — Philosopher, author, professor, and organizer currently based in India David Sloan Wilson — Evolutionary biologist and a Professor of Biological Sciences and Anthropology at Binghamton University in New York. George Monbiot — Journalist and author of "Out of the Wreckage: A New Politics for an Age of Crisis" Kate Raworth — Renegade economist and author of "Doughnut Economics" Matt Christman — Co-host of the Chapo Traphouse podcast Peter Fleming — Professor in organization theory and author of "The Death of Homo economicus" Tom Crompton — Co-director of the Common Cause Foundation Vas — Former economics student (Vas declined to provide her last name) Yuan Yang — Founder of Rethinking Economics Music by: Haley Heynderickx American Football Many thanks to Charlie Young for the cover art, as well as to Elle Bisgard Church, Lilly Datnow, and Emmanuel Brown for their research and support for this episode. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you! www.upstreampodcast.org/support Support for this episode of Upstream was provided by The Guerrilla Foundation, supporting activists & grassroots movements to bring about major systemic change. Additional support was provided by the Upstream Works Collaborative. Taking a systems approach to uplifting communities, they also go upstream to address the root causes of social, economic, and environmental injustices. Learn more at UpstreamWorks.org. For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast twitter.com/UpstreamPodcast Instagram.com/upstreampodcast You can also subscribe to us on Apple Podcast and Spotify: Apple Podcast: www.podcasts.apple.com/us/podcast/up…/id1082594532 Spotify: spoti.fi/2AryXHs

What do you see when you peek behind the curtains of neoliberal capitalism? What happens when you lift the veil off? Well, you see a mythological character. An apparition that haunts our collective consciousness. A spectre that permeates our institutions and that has epistemologically imprisoned us. Homo economicus. The term Homo economicus, or economic man, is a core principle in mainstream economic thinking. It’s a portrayal of humans as being inherently rational, greedy, and self-interested. We first got interested in the idea of Homo economicus when we started noticing a consistent barrier that many people have with the possibility of imagining a more just, solidaritistic, and sustainable economic future, stems from their assumptions about human nature. Time after time, we’ve heard — “But, humans are naturally selfish, so any system based on trust, equity, and true democracy would never work.” Where did the idea of Homo economicus come from? Why is it so embedded in mainstream economic thinking? And most importantly, is it true? Are we Homo economicus? Or are we the opposite — kind, compassionate, altruistic beings whose good nature has been thwarted by a mistaken view of our own humanity? Or is the truth somewhere in between? These are some of the questions we will be exploring in this episode, “Debunking the Myth of Homo economicus.” Featuring: Bayo Akomolafe — Philosopher, author, professor, and organizer currently based in India David Sloan Wilson — Evolutionary biologist and a Professor of Biological Sciences and Anthropology at Binghamton University in New York. George Monbiot — Journalist and author of "Out of the Wreckage: A New Politics for an Age of Crisis" Kate Raworth — Renegade economist and author of "Doughnut Economics" Matt Christman — Co-host of the Chapo Traphouse podcast Peter Fleming — Professor in organization theory and author of "The Death of Homo economicus" Tom Crompton — Co-director of the Common Cause Foundation Vas — Former economics student (Vas declined to provide her last name) Yuan Yang — Founder of Rethinking Economics Music by: Haley Heynderickx American Football Many thanks to Charlie Young for the cover art, as well as to Elle Bisgard Church, Lilly Datnow, and Emmanuel Brown for their research and support for this episode. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you! www.upstreampodcast.org/support Support for this episode of Upstream was provided by The Guerrilla Foundation, supporting activists & grassroots movements to bring about major systemic change. Additional support was provided by the Upstream Works Collaborative. Taking a systems approach to uplifting communities, they also go upstream to address the root causes of social, economic, and environmental injustices. Learn more at UpstreamWorks.org. For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast twitter.com/UpstreamPodcast Instagram.com/upstreampodcast You can also subscribe to us on Apple Podcast and Spotify: Apple Podcast: https://podcasts.apple.com/us/podcast/upstream/id1082594532 Spotify: spoti.fi/2AryXHs

Ecoutez Daniel Cohen au micro d'Edmond Morrel : "Homo Economicus"

Corrupción: se estima que le cuesta a la economía alemana 100.000 millones de euros anuales. Sus protagonistas se encuentran en lo más alto de la jerarquía económica y política. ¿Pero qué lleva a delinquir?

Every year corruption costs the German economy an estimated €100 billion. Many of the culprits are company executives. But what are the motives for financial fraudsters?

Oost-Europese turncultuur en in de zomerserie De ware aard onderzoeken Jos Palm en Julie Blussé deze week het boek 'The Wealth of Nations' van Adam Smith met hoogleraar economie Esther-Mirjam Sent en filosoof Thomas Muntz.

Wat is de mens? De achttiende-eeuwse filosoof en grondlegger van de economische wetenschap Adam Smith had een eenvoudig antwoord op die vraag. ‘De mens is een dier dat overeenkomsten sluit: geen enkel ander dier doet dit -- geen hond wisselt botten uit met een andere hond.’Adam Smith publiceerde in 1776 zijn beroemde klassieker The Wealth of Nations. Een boek dat ten onrechte bekend is komen te staan als de bijbel van het rauwe kapitalisme. De mens is helemaal niet de koele calculerende homo economicus die Smith volgens allerlei economen in zijn klassieke boek zou hebben beschreven. Integendeel: de mens was een dier met behoorlijk sociaal benul. Eigenbelang, mits gecontroleerd, schreef hij, was een sociale kwaliteit.Hoogleraar economie Esther-Mirjam Sent en filosoof Thomas Muntz ontdoen de filosoof van het stof.

Dr. Russ Roberts is the John and Jean De Nault Research Fellow at the Hoover Institution. He has taught economics at George Mason University, Washington University in St. Louis, the University of Rochester, Stanford University, and the University of California–Los Angeles. In 2006, he launched the popular podcast, EconTalk, which he continues to host today. He has also authored 5 books, including Gambling with Other People’s Money which was released last year (2019), and How Adam Smith Can Change Your Life. In this episode, we discuss Adam Smith’s Theory of Moral Sentiments, and how character is a priori to the invisible hand. Russ explains that self-interest is distinct from greed. Transcript available at: https://www.ambercazzell.com/post/msp-ep31-RussRoberts APA citation: Cazzell, A. R. (Host). (2020, March 17). Moral Sentiments and the Mythical Homo Economicus with Russ Roberts [Audio Podcast]. Retrieved from https://www.ambercazzell.com/post/msp-ep31-RussRoberts

 Hacker le système!!! Nouvelle saison, nouveau style! Toujours en podcast! Changement climatique, destruction des écosystèmes, crise démocratique, augmentation des inégalités! La société dans laquelle nous vivons n’est guère florissante! Pourtant, emportés par les besoins du quotidien, les exigences de nos emplois, les besoins de notre famille et notre envie de se relaxer, il nous est parfois difficile d’affronter les crises actuelles et multiples. Mais, le temps presse, c’est maintenant qu’il faut agir, c’est maintenant qu’il faut hacker le système dans lequel nous vivons pour attaquer les racines du problème!!

We all know the tale of Ebenezer Scrooge. Or do we? At least 20 movie versions of Charles Dickens’ A Christmas Carol have been produced, along with innumerable stage plays and live reading. Who was Ebenezer Scrooge? Was his character the Villain according to Socialism, the Homo Economicus and Savvy Investor, the hero of the Anti-Over-Commercialized-Christmas crowd? YouTube https://www.youtube.com/c/opencollegepodcast Bitchute http://www.bitchute.com/opencollegepodcast Apple Podcasts https://itunes.apple.com/ca/podcast/open-college-podcast/id1438324613?mt=2 SoundCloud https://soundcloud.com/opencollegepodcast/ep-25-thales-revolution Stitcher https://www.stitcher.com/podcast/possibly-correct/open-college-podcast-with-dr-stephen-rc-hicks Google Play https://play.google.com/music/m/Iuramibvl3n32ojiutoxhlba4gu?t=Open_College_Podcast Spotify https://open.spotify.com/show/2qgnmMDAEevJ28UNdXvboZ?si=LuTt_Zc5Th-kOpNd5thgBw Join our email list - http://eepurl.com/dEEsTj Contact Dr. Hicks, on twitter @SRChicks or visit http://www.StephenHicks.org Twitter: @OpenCollegePod Minds: www.minds.com/opencollege Bitchute: www.bitchute.com/opencollegepodcast Facebook: www.facebook.com/OpenCollegePodcast gab.ai: www.gab.ai/opencollege

Nicholas Christakis er Sterling Professor of Social and Natural Science ved Yale University, hvor han forsker på sosiale nettverk på deres Human Nature Lab. Han er ute med en (ikke spesielt) ny bok: Blueprint; The Evolutionary Origins of a Good Society. Vi har med oss Wegard Harsvik, som er en av to forfattere bak boken Homo Economicus. Evolusjonen har fått et ufortjent dårlig rykte. Verden blir bedre og bedre. Det er ikke til tross for evolusjon, men på grunn av den. Det er i hvert fall påstanden i disse to bøkene. Vi snakker med Christakis om dette, og vi nevner ikke Halloween-kostymer med et eneste ord :-) .

No início da Idade Moderna, o Liberalismo surgiu com grande força nos círculos intelectuais da Europa. Nesse contexto, a Economia começa o seu percurso rumo a sistematização matemática, utilizando como axioma primordial o conceito de homo economicus. Neste episódio, junto com Lucas Kava, conversamos sobre o papel do economista na difusão desse paradigma científico como uma ideologia e o mal-estar que isto tem gerado. E tentamos responder à pergunta: a Economia deve "cancelar" o homo economicus? Apoie nosso canal. A partir de 1 real, podemos caminhar rumo à meta de melhorar a qualidade de nossos episódios! https://apoia.se/diplomatasdesealand Música de Abertura: Jauchzet Frohlocket, 1.º movimento da Cantata de Natal de Johann Sebastian Bach Arte da capa: Caravaggio, 'Narciso' --- Send in a voice message: https://anchor.fm/sociedade-curva-de-rio/message

In “Did I ever tell you about the time I played game theory pranks on my cousins?” economics student Claudio dresses up as Sinterklaas and tries to around with his cousins, risking family disaster.Homo economicus is an economic model of rational self-interested consumers. Is it always a good description of human economic behavior? Hear this!Image: Sinterklaas (by Bram van der Vlugt) Written story: www.danielbernardus.com 

We live in a world so complicated and immense it challenges our comparably simple minds to even know which information we should use to make decisions. The human brain seems tuned to follow simple rules, and those rules change depending on the people we can turn to for support: when we decide to follow the majority or place our trust in experts, for example, depends on the networks in which we’re embedded. Consequently, much of learning and decision-making has as much or more to do with social implications as it has to do with an objective world of fact…and this has major consequences for the ways in which we come together to solve complex problems. Whether in governance, science, or private life, the strategies we lean on — mostly unconsciously — determine whether we form wise, effective groups, or whether our collective process gets jammed up with autocrats or bureaucrats. Sometimes the crowd is smarter than the individual, and sometimes not, and figuring out which strategies are better requires a nuanced look at how we make decisions with each other, and how information flows through human networks. Given the scale and intensity of modern life, the science of our social lives takes on profound importance.This week’s guest is SFI Professor & Cowan Chair in Human Social Dynamics Mirta Galesic, External Faculty at the Complexity Science Hub in Vienna, and Associate Researcher at the Harding Center for Risk Literacy at the Max Planck Institute for Human Development in Berlin. In this episode we talk about her research into how simple cognitive mechanisms interact with social and physical environments to produce complex social phenomena…and how we can understand and cope with the uncertainty and complexity inherent in many everyday decisions.If you enjoy this podcast, please help us reach a wider audience by leaving a five-star review at Apple Podcasts. Thanks for listening!Visit our website for more information or to support our science and communication efforts.Join our Facebook discussion group to meet like minds and talk about each episode.Mirta’s Website.Visit Mirta’s Google Scholar Page for links to all the papers we discuss.Mirta’s 2015 talk at SFI: “How interaction of mind and environment shapes social judgments.”Digital Transformation documentary about Mirta and her work.Michelle Girvan’s SFI Community Lecture on reservoir computing.Podcast Theme Music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedIn

Dan Kelly's Purdue homepageDan Kelly's book “Yuck! The Nature and Moral Significance of Disgust”Two fascinating papers coauthored by Dan:“Minding the Gap: Bias, Soft Structures, and the Double Life of Social Norms”“Who’s Responsible for This? Moral Responsibility, Externalism, and Knowledge about Implicit Bias”CASBS’s project on Creating a New Moral Political EconomyCenter for Advanced Study in the Behavioral Sciences@casbsstanford on twitter

Hva bør samfunnet bygges rundt – Homo Solidaricus eller Homo Economicus? Begrepene preger aktuelle debatter om økonomisk ulikhet og velferdsstatens framtid. Hva ligger nærmest menneskets natur, det individuelle eller kollektive? Er det individuelle virkelig det mest rasjonelle, og det kollektive det mest empatiske? Og hvilken side vinner faktisk fram i dagens samfunn? Vi samler begge … Fortsett å lese #12 Intellektuell Wrestling: Homo Solidaricus vs Homo Economicus

Homo economicus is the figurative human being used in economic modeling. But the term defines human nature as perfectly rational, perfectly logical, and always self-interested. Does that sound like any real humans you know? Nope, we didn’t think so either. So we invited Professor Samuel Bowles to join Nick and Goldy in throwing a funeral for homo economicus, and all the flawed economic thinking that he’s inspired over the years.   Samuel Bowles is a Research Professor at the Santa Fe Institute where he heads the Behavioral Sciences Program. His work on cultural evolution have challenged the conventional economic assumption that people are motivated entirely by self-interest. His most recent books are ‘The Moral Economy: Why good laws are no substitute for good citizens’ and ‘A Cooperative Species: Human reciprocity and its revolution’.  ‘Spock goes shopping’ was based on a thought experiment in Eric Beinhocker’s book ‘The Origin of Wealth’: https://www.indiebound.org/book/9781422121030 https://democracyjournal.org/arguments/homo-economicus-must-die/ https://www.core-econ.org/ https://yalebooksblog.co.uk/2016/10/11/the-moral-economy-homo-economicus-becomes-human/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

Conversations host Harry Kreisler welcomes Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, for a discussion of his intellectual odyssey and his most recent book The Moral Economy. Topics covered include the influence of parents, his encounters with Nehru and Martin Luther King, and his education. He addresses the necessary changes in the agenda of economics as it grapples with the limits of incentives and the opportunities for bringing in a focus on community and altruism in order to confront global problems. He also offers advice to students entering the discipline of economics. Finally, he discusses his involvement in an online global effort to reform the economics curriculum through the creation of an online textbook, curriculum, and a community of economists from around the globe focusing on the economics of inequality, innovation, environmental sustainability and more. https://www.core-econ.org Series: "Conversations with History" [Business] [Show ID: 34594]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

It is widely held today on grounds of prudence if not realism that in designing public policy and legal systems, we should assume that people are entirely self-interested and amoral. But it is anything but prudent to let "Economic Man" be the behavioral assumption that underpins public policy. Samuel Bowles (Santa Fe Institute) supports his position using evidence from behavioral experiments mechanism design and other sources, and proposes an alternative paradigm for policy making. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Humanities] [Business] [Show ID: 34354]

Riley's Commie Book Club is a bit different. This time, Riley speaks with scholar and author Peter Fleming — you might recognize the name from a previous episode discussing his book 'The Death of Homo Economicus' — and this time they cover the subject of Peter's new book, 'The Worst Is Yet to Come: A Post-Capitalist Survival Guide.'Peter Fleming is a professor at the University of London and the University of Technology, Sydney. He is the author of several books, including The Mythology of Work (2015) and The Death of Homo Economicus (2017). His writing has appeared in the Guardian and Financial Times.Peter stayed up late in Australia in order to have a lively discussion with your delightful host, and we're greatly appreciative of him.You should buy Peter's book, and you can do so here: https://repeaterbooks.com/product/the-worst-is-yet-to-come-a-post-capitalist-survival-guide/ *LIVE SHOW ALERT* We have an upcoming live show -- with comedian Josie Long -- in London on February 21st at the Star of Kings (126 York Way, Kings Cross, London N1 0AX) starting at 7.30 pm. You can buy tickets here: https://www.eventbrite.co.uk/e/trashfuture-live-ft-josie-long-tickets-54546538164 *COMEDY KLAXON* *COMEDY KLAXON* On 13th February at 8 pm, Josie Long and a number of other comics will perform at Smoke Comedy at the Sekforde (34 Sekforde Street London EC1R 0HA). Tickets are £5, and you can get them here: https://www.eventbrite.co.uk/e/smoke-comedy-feat-josie-long-tickets-55036156626

To understand the marketplace, it is not necessary to believe in the existence of a selfish, profit-maximizing human. Original Article: "The Homo Economicus Straw Man".

To understand the marketplace, it is not necessary to believe in the existence of a selfish, profit-maximizing human. Original Article: "The Homo Economicus Straw Man".

You asked! We listened! We procrastinated actually doing it for a while! We've unlocked Riley's Commie Book Club from September, The Death of Homo Economicus by Peter Fleming, for your listening pleasure. Check it out on Pluto Press here: https://www.plutobooks.com/9780745399409/the-death-of-homo-economicus/ In the mean time, sign up to our Patreon: https://www.patreon.com/trashfuture Commodify your dissent with a shirt from Lil Comrade: https://www.lilcomrade.com/category/merch xoxo Riley

Is making better choices making you unhappy?Homo Economicus, or ‘economic man,’ is someone who always makes the most rational financial decisions based on self interest. This idea forms the basis of many theories about how we consume.If we always make the most rational decision, then having more options to choose from will allow us to maximise our decision in order to achieve the best outcome. But what if we don’t behave like homo economicus and prefer to choose the option that is ‘good enough?’On this episode, we speak with early career researcher, Alex Belli, about choice and consumer well being.Further Reading:You can read more about Alex’s research here.Barry Swartz is a professor of psychology and economics at Swarthmore College and the author of The Paradox of Choice.You can read Iyengar and Leppar’s famous ‘jam study’ here.Alain De Botton’s Status Anxiety examines the psychological impacts of consumption.You can read Jennifer Aaker’s article How Happiness Affects Choice in the Journal of Consumer ResearchMusic:Johannes Bornlof- AqueousMartin Gauffin- Southern FlavorsAiolos Rue- UnscramblerRubik’s Cube- From Now OnMagnus Ringblom- 1970’s Cinema Era 2

Ever wondered what cavemen really ate? This week's guest, Evolutionary Anthropologist Colette Berbesque, sheds light on some of the fundamentals of being human. From humans being intrinsically irrational, to the paleo diet being made up, and hunter gatherers being much better gatherers than hunters, Colette overturns some myths about our early ancestors, and what they can tell us about who we are today.

Homo Economicus, den ekonomiska människan, kallas den modell av mänskligt beteende som beskriver en analytisk och kalkylerande människa som fattar rationella och nyttomaximerande beslut. Den är grund för flera nationalekonomiska teorier men den verkar också vara helt felaktig.

Are we rational, irrational or boundedly rational human beings? Are we Homo Sapiens or Homo Economicus?

We run the gauntlet of interesting economic ideas. (Sean Last, Utility Maximizer, Gleason)

Nesse episódio dei um breve resumo sobre alguns pressupostos da economia tradicional sobre os consumidores

Är du verkligen så rationell som du tror? Och varför döpte 3M tejp till Scotch? Gäst i programmet är Magnus Söderlund, professor i marknadsföring på Handelshögskolan i Stockholm. See acast.com/privacy for privacy and opt-out information.

Our guest Michael Watson joins Jeff Deist after delivering a provocative paper last week at our research conference comparing Mises and Thomas Aquinas. They discuss Misesian praxeology, Catholicism, charity, altruism, and personal relationships in an attempt to decide what acts lie within and without the scope of economics. Are humans really super-rational Homo Economicus beings, per John Stuart Mill? No, according to Mises, who posits that we operate under conditions of bounded rationality using means-ends approaches. How do we reconcile our ethical worldviews with value-free economics? And how can we apply economics and praxeology to things like religious faith, love, and even involuntary conditions like slavery and war?

Our guest Michael Watson joins Jeff Deist after delivering a provocative paper last week at our research conference comparing Mises and Thomas Aquinas. They discuss Misesian praxeology, Catholicism, charity, altruism, and personal relationships in an attempt to decide what acts lie within and without the scope of economics. Are humans really super-rational Homo Economicus beings, per John Stuart Mill? No, according to Mises, who posits that we operate under conditions of bounded rationality using means-ends approaches. How do we reconcile our ethical worldviews with value-free economics? And how can we apply economics and praxeology to things like religious faith, love, and even involuntary conditions like slavery and war?

Our guest Michael Watson joins Jeff Deist after delivering a provocative paper last week at our research conference comparing Mises and Thomas Aquinas. They discuss Misesian praxeology, Catholicism, charity, altruism, and personal relationships in an attempt to decide what acts lie within and without the scope of economics. Are humans really super-rational Homo Economicus beings, per John Stuart Mill? No, according to Mises, who posits that we operate under conditions of bounded rationality using means-ends approaches. How do we reconcile our ethical worldviews with value-free economics? And how can we apply economics and praxeology to things like religious faith, love, and even involuntary conditions like slavery and war?]]>

Eldar Shafir is a behavioral economist/behavioral scientist at Princeton University. He co-wrote the book Scarcity with Sendhil Mullainathan. Hunter and Bryan draw out the depth of contrast between the reality of poverty and the assumptions of Homo Economicus as the keystone of human behavior. Go on mixedmentalarts.online, click the Amazon affiliate link! We also work with Audible, so if  you want to give the audio book a try, go to http://www.audibletrial.com/mma We also have a Patreon! If you have a buck, please share with us! We’ll try and send you some swag.

This year, Richard Thaler won the Nobel Memorial Prize in Economic Sciences. His research points to the fact that humans are economically irrational. Homo Economicus is a simplifying construct that has, for years, been the basis of economic theory. It assumes all economic actors are "rational" and only interested in maximizing personal utility. That is not true.   There's this guy...           Richard Thaler wins Nobel.         Francis Edgeworth.   Financial forecasters vs. weather forecasters.       The Japanese Miracle.   Examples of irrationality.       Rejecting Homo Economical Rationalism.   Bounded Rationality.       Most cooperative species on Earth.   Empathy, sympathy dread.       Paul Piff's Study (Ted Talk - 2014).   Science advances one funeral at a time.       Goodbye Homo Economicus.

Idag "krossar" Syding och Sunström populära ekonomiska teorier. Följande ekonomiska teorier tas upp (och krossas) i detta avsnitt: (1) Effektiva marknadshypotesen, (2) Rational agent theory (Homo Economicus), (3) Volatilitet som mått av risk, (4) Portfolio management, (5) Ekonomisk stimulans (alltså tryckandet av pengar).  

(March 10, 2016) Dr J addresses students, faculty, and community members at Catholic University of America in Washington, D.C. The event was jointly sponsored by the CUA Anscombe Society (a chapter of the Love & Fidelity Network) and the John Paul II Institute for Marriage and Family. Her talk is entitled "Is homo economicus an attachment-disordered child?" and is inspired by her first book, Love and Economics. Head on over to the Ruth Refuge for the Q&A session afterward.

Pr. James Block,(DePaul University)

Thousands of studies in psychology rely on data from North American undergraduates. Can we really conclude anything about the "human" mind from such a limited sample-- especially since Westerners are probably more different from the rest of the world's population than any other group?  We talk about Joseph Henrich and colleagues' critique of the behavioral sciences in their paper "The WEIRDEST People in the World."    David offers a defense of psychology, arguing that it's usually not the goal of lab studies to generalize findings to all humans in the first place.  Also, Tamler  gives a brief, heartfelt, completely non-awkward rant about monkey torturer Harry Harlow and David defends the practice of electrocuting baby monkeys for no reason. LinksThe Gods Must Be Crazy [IMDB.com]Bushmen [wikipedia.org]Homo Economicus [wikipedia.org]The Ultimatum Game [wikipedia.org]Müller-Lyer illusion [wikipedia.org]We aren't the world [psmag.com]Harlow studies [wikipedia.org]Henrich, J., Heine, S. J., & Norenzayan, A. (2010).The weirdest people in the world. Behavioral and Brain Sciences, 33, 61-83.Henrich, J., Boyd, R., Bowles, S., Camerer, C., Fehr, E., Gintis, H., & McElreath, R. (2001). In search of homo economicus: behavioral experiments in 15 small-scale societies. American Economic Review, 73-78.Mook, D.G. (1983). In Defense of External Invalidity. American Psychologist, 38,379-387. 

Who better than an economist to help with your shopping list?

Upop: Yter vi mer når vi får mer betalt? Tradisjonell økonomisk teori sier ja. Atferdsøkonomi viser at mer betaling tvert imot kan gjøre at innsatsen blir dårligere. Innleder: NHH-professor Alexander W. Cappelelen