Economic Man makes logical, rational, self-interested decisions that weigh costs against benefits and maximize value and profit to himself. Economic Man is an intelligent, analytic, selfish creature who has perfect self-regulation in pursuit of his future goals and is unswayed by bodily states and feelings. And Economic Man is a marvelously convenient pawn for building academic theories. But Economic Man has one fatal flaw: he does not exist.

Notes

  1. jwknott reblogged this from dihard
  2. thatgirlgwen reblogged this from dihard
  3. infinitecircuit reblogged this from dihard
  4. sociologic reblogged this from dihard and added:
    …and economic man is also a psychopath if we use the DSM-IV.
  5. funkrenegade reblogged this from dihard
  6. dihard posted this