Economics Students Society of Australia
  • Home
  • About

altruism

A collection of 2 posts
Are We Pure or Impure Altruists?
altruism

Are We Pure or Impure Altruists?

In economics, altruism is traditionally taught as an exception to the rational traits of the Economic Man, homo economicus. And while altruism rarely receives a tribute in the textbooks because of its apparent non-belonging in classic economics, it has strikingly important implications for public economic policy. I have previously discussed
Jun 7, 2013 3 min read
Someone Give this Rational Agent a Heart!
adam smith

Someone Give this Rational Agent a Heart!

Economics as a discipline is a victim of huge misunderstanding. We are seen to be obsessed about utility maximization, profit maximization, efficiency and equilibria (to name a few among the many words in the economist’s vocabulary that appear to degenerate human behavior into some egotistical mathematical equation!). These perceptions
Apr 15, 2012 2 min read
Economics Students Society of Australia © 2023
  • Sign up
Powered by Ghost