ENGLISH

The Varieties of Economic Rationality

Book information

Publisher
Routledge
Year
2014
ISBN
9781317817482, 9780415530842, 2013030445, 9781315818641
Language
english
Format
EPUB
Filesize
443 kB (453157 bytes)
Series
Routledge Studies in the History of Economics
Edition
1
Pages
192\0
Time added
2024-09-15 20:19:08

Description

The concept of economic rationality is important for the historical evolution of Economics as a scientific discipline. The common idea about this concept -even between economists- is that it has a unique meaning which is universally accepted. This new volume argues that "economic rationality" is not not a universal concept with one single meaning, and that it in fact has different, if not conflicting, interpretations in the evolution of discourse on economics. In order to achieve this, the book traces the historical evolution of the concept of economic rationality from Adam Smith to the present, taking in thinkers from Mill to Friedman, and encompassing approaches from neoclassical to behavioural economics. The book charts this history in order to reveal important instances of conceptual transformation of the meaning of economic rationality. In doing so, it presents a uniquely detailed study of the historical change of the many faces of the homo oeconomicus .

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