factual
Homo economicus doesn't resemble real humans
Economic models long described a cardboard figure of Homo economicus that did not resemble the actual humans people know; behavioral economics, building on Kahneman, Tversky, and Thaler, helped the discipline level up by reintroducing realistic human psychology over the last 30 years.
factualpending
Speaker
Stephen DubnerEvidence Quote
“Homo economicus was a kind of, you know, cardboard figure. Now, a very useful figure.”
Created: 6/13/2026, 12:23:34 AM
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