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Evolutionary Economics and Human Nature (Hardcover)
Loot Price: R2,899
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Evolutionary Economics and Human Nature (Hardcover)
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For much of the twentieth century, mainstream economists have
treated human agents in their models as if they were rational
beings of unbounded computational capacity - the notorious 'Homo
Economicus' of much economic theory. However, the patent
inadequacies of this understanding of human nature have become
increasingly apparent, and economists have begun looking for more
realistic models, incorporating the insights of evolutionary
theory. The authors address the question of human nature in
economics, examining not only some of the recent writing on this
subject in evolutionary psychology and related disciplines, but
also the ideas of important thinkers in the Western intellectual
tradition. Beginning with the ancient Greeks and progressing to the
modern day, the contributors explore the works of such thinkers as
Augustine, Adam Smith, Thomas Malthus, Alfred Marshall and Kenneth
Boulding. Many of these works are placed in a Darwinian,
evolutionary perspective, with the imperative that the study of
human nature must be consistent with our understanding of human
evolution, and should consider how human beings are moulded by
cultural and institutional influences. Naturally, Darwin's own view
of human nature is also explored, undermining the mistaken notion
that Darwinism promotes human nature as greedy, uncooperative and
self-seeking. This enlightening, original and highly readable work
will be of great interest to professional economists and students,
researchers and teachers of evolutionary economics.
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