Looking beyond the individualism and homo economicus of neoclassical economics : a collection of original essays dedicated to the memory of Peter L. Danner our friend and colleague / edited by Edward J. O'Boyle.

Format:

Book

Contributor:

O'Boyle, Edward J., 1937-

Danner, Peter L.

Language:

English

Subjects (All):

Danner, Peter L.

Economics--Sociological aspects.

Economics.

Economics--Psychological aspects.

Neoclassical school of economics.

Physical Description:

1 online resource (182 p.)

Edition:

1st ed.

Place of Publication:

Milwaukee, WI : Marquette University Press, c2010.

Language Note:

English

Summary:

The financial meltdown of 2008 exposed major flaws in the way mainstream economists think about economic affairs. According to former Federal Reserve Chair Alan Greenspan, the whole intellectual edifice collapsed. His reaction was one of shocked disbelief. Looking beyond the Individualism & Homo Economicus of Neoclassical Economics, addresses the need to reconstruct that edifice principally by re-examining the way economists represent the economic agent. This collection of original essays is dedicated to the memory of economist Peter L. Danner. They examine in detail the basic defects in homo economicus. According to the mainstream way of thinking, homo economicus is a simple machine employing a pleasure-pain calculus to maximize personal net advantage. He is an unchanging and predictable economic agent essential to the mainstreams claim that economics is a precise science. Following Danner, the economic agent is a living, breathing, existential actuality, a complex human person actively engaging in economic affairs in ways that we do not always understand. He is an ever-changing economic agent who is not at all times predictable. For that reason, economics is not a precise science but one in which we hope to know enough about economic affairs to re-construct an intellectual edifice that will not collapse in the next economic crisis.

Contents:

""Front cover""; ""Look beyond the Individualism and Homo Economicus of Neoclassical Economics (half title)""; ""Peter Danner (photo)""; ""Look beyond the Individualism and Homo Economicus of Neoclassical Economics: A Collection of Original Essays Dedicated to the Memory of Peter L. Danner, Our Friend and Colleague, Edited by Edward J. O�Boyle (title page)""; ""©2010 Marquette University Press (copyright page)""; ""Table of Contents""; ""Contributors""; ""Introduction""; ""1 Beyond the �Anguish of Affluence� by James Ronald Stanfield & Michael C. Carroll""

""2 Personlist Economics: Danner's Framework for the Good Life by Maryann O. Keating""""3 Personalism vs. Individualism: A Critical Historical Perspective by GianDemetrio Marangoni & Stefano Solari""; ""4 Personalism, Subsidiarity, and Workers in Rerum Novarum by Joan O�Connell""; ""5 The Economic Person in a Global Society by Kishor Thanawala""; ""6 From Individual to Person: An Evolutionary Process Grounded in Human Communication by Edward J. O'Boyle""; ""7 Price and Value by Barry Keating""; ""8 Sustainable Development, Consumerism, & Catholic Social Thought by Charles K. Wilber""

""9 Reining in Multinational Enterprises in the 21st Century by Anthony Scaperlanda""""10 On Human Behavior, Human Fulfillment, & the Nature of the Workplace by Jon D. Wisman""; ""Appendix: Professional Publications of Peter Danner""; ""index""; ""Back cover""

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

0-87462-074-0

OCLC:

923651318