Thursday, December 18, 2014

Make policy for real, not ideal, humans - FT.com

Make policy for real, not ideal, humans - FT.com: "
ut of the crooked timber of humanity, no straight thing was ever made. This famous remark of the German philosopher, Immanuel Kant, is particularly relevant to economists. “Homo economicus” is far-sighted, rational and self-interested. Real human beings are none of these things. We are bundles of emotions, not calculating machines. This matters."



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