Human Nature in Modern Economics: Structure, Change and Perspectives
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Human Nature in Modern Economics offers a precise definition of the concept of human nature in economics, something that is so far lacking in the theoretical and methodological literature. This book develops tools for the analysis of human nature through the construction of the author’s meta-model – based on anthropological and psychological foundations – allowing for comparisons of anthropological assumptions made in economic theories. The model demonstrates that the normative functions of human nature may affect the economic reality. The chapters argue that the concept of human nature determines our thinking about the economy and economics, including fundamental methodologies, methods and theories. Thus, the differences between various economic schools may result from the different assumptions of these schools about human nature. Those evolving views of human nature proceed to explain the development of both orthodox (mainstream) and heterodox economics. Cover Half Title Series Title Copyright Contents List of figures List of tables Introduction: Human nature and economics 1 Human nature and how to study it Introduction The understanding of human nature Components of human nature Summary 2 Human nature in understanding and practising economics Introduction The functions of human nature in economics Human nature in the cognitive process The foundations of economics in the context of human nature Summary 3 Homo oeconomicus as the starting point for alternative concepts of human nature in heterodox economics Introduction The evolution of human nature in mainstream economics Criticism of the neoclassical human model from the perspective of heterodox economics Summary 4 Alternative concepts of human nature in heterodox economics Introduction Ecological economics Behavioural economics Feminist economics Evolutionary economics Humanistic economics Summary and conclusions from investigating the alternative concepts of human nature 5 Determinants of changes in the concept of human nature in economics Introduction The complexity of economic processes Conditions for changes in scientific concepts of human nature Interdisciplinary inspirations of economic concepts of human nature Summary 6 Perspectives of economics in the light of changing concepts of human nature Introduction The cognitive consequences of assumptions about human nature Practical consequences of assumptions about human nature Directions of the evolution of economic assumptions about human nature The role of ethics in economics Summary Conclusion: Human nature in modern economics Index
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