Philosophy of Economic Behavior
The BasicsBy Nara Rela
Length10h 4m
About this audiobook
Why do economic models often fail in their predictions? Why do economists and financial market professionals make foolish decisions even though they know they may be harmful in the future? Why do many competent people in their financial professional life make wrong decisions in their personal finances? Why does economics today seem to us to have the characteristics of an exact science? These are some of the questions that Philosophy of Economic Behavior aims to answer. This is a new field that encompasses both behavioral and psychological studies of economics in the light of philosophical thought.
Economics is primarily a human and applied social science, and its study is based on human behavior within the economy. The main purpose of the book is to present its fundaments, focusing on the individual and not the market nor the government. The conclusions drawn here indicate the starting point as a basis for the outcome of many possible approaches: psychology of economics, behavioral economics, philosophy of emotions, philosophy of economics, nudges and other techniques that influence the decision making, ethics of economic behavior, ethics of decision making, ethics of the financial system (banks, startups, digital banks, investments, cryptocurrencies, etc.), education/health/socio-cultural condition/employment/ income vs. economic behavior, influence of algorithms in decision making, economic behavior and globalization, and many other relevant topics.
Audiobook details
GenreBusiness and Economics
Length10 hrs 4 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateNov 3, 2021
LanguageEnglish
Table of contents
1Acknowledgements
2INTRODUCTION
3ECONOMICS, A HUMAN SCIENCE
4CHAPTER 1 - ON DEFINITION OF POLITICAL ECONOMY
5Political economy as a science and not an art
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6The concept of society in Mill’s Political Economy
7The concept of wealth in Mill’s Political Economy
8CHAPTER II - POLITICAL ECONOMY AS AN INEXACT SCIENCE
9The method proper to Political Economy
10Political Economy: an abstract science
11A science of tendencies and of inexactness
12CHAPTER III - MILL’S DISTURBING CAUSES IN POLITICAL ECONOMY
13Causes and effects
14The law of causations’ mode
15The causes of disturbance in economic models
16CHAPTER IV - ON THE DEFINITION OF ECONOMICS
17Economics and its definition
18Nirvana is merely the complete satisfaction of all requirements
19Economics as positive science
20Quarreling about economics and the real world
21HUMAN BEHAVIOR IN ECONOMICS
22CHAPTER V. STUART MILL AND THE HOMO OECONOMICUS
23John Stuart Mill’s description of homo oeconomicus
24Aspects of homo oeconomicus
25Human nature as described by Mill
26Mill’s homo oeconomicus
27CHAPTER 6: ADAM SMITH AND THE HOMO OECONOMICUS
28The social dimension of the homo oeconomicus
29The psychological law of Smith’s homo oeconomicus
30CHAPTER 7: REMODELING ECONOMY AS SOCIAL SCIENCE
31Sympathy, Imagination, Joy and Sorrow
32Vanity: The «Megaphone» Emotion
33The Means to Cause Disturbance in Models
34Emotional rather than rational homo oeconomicus
35AFTERWARDS
36BIBLIOGRAPHY
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