In 1879, American economist Francis Walker tried to explain why members of his profession were in such "bad odor amongst real people". He blamed it on their inability to understand why human behavior fails to comply with economic theory. We do not always act the way economists think we should, mainly because we're both less selfish and less rational than economists think we are. Economists are being indoctrinated into a cardboard version of human nature, which they hold true to such a degree that their own behavior has begun to resemble it. Psychological tests have shown that economics majors are more egoistic than the average college student. Exposure in class after class to the capitalist self-interest model apparently kills off whatever prosocial tendencies these students have to begin with. They give up trusting others, and conversely others give up trusting them. Hence the bad odor.
Frans de WaalRelated topics
act bad begin capitalist cardboard college degree economics economist exposure hold human inability less model nature off real self-interest should show try version way whatever others majorsRelated quotes
The first of the two cases which we are about to discuss concerns a large-scale Parisian administrative organization which may be described as rigid, standardized, and impersonal, and which seems unable to cope with the human and technical problems engendered by its recently accelerated growth. Its hierarchical structure, its promotional system, and its principles of organization are extremely simple. The behavior of its different categories of personnel, as actors within its social system, is therefore much easier to analyze. The actors appear to be both extremely rational and extremely predictable, as if they were playing a game that followed an experimental model. We shall use the opportunity afforded by such a situation to try to understand better one of the most fundamental problems usually associated with the concept of bureaucracy, the problem of routine.
Michel Crozier
An earlier paper (Pask, 1976) introduced conversational techniques, some involving a human participant in dialogue with a student, others involving a mechanically or computer implemented 'participant' through which the student 'talks to himself' under restrictions imposed by the device. In either case (human or mechanical monitoring) the subject matter of a conversation is represented in a liberally conceived, but standard, fashion, as a conversational domain consisting in an entailment structure (embodying one or more description schemes and indicating the many ways in which one topic may be known in terms of or derived from others) and behaviour graphs (one for each topic in the domain) that prescribe what may be done to model or explain the topic in question. Within this framework, the conversational techniques secure, or approximate, a standard condition for experiments on learning.
Gordon Pask
If slaves make good soldiers our whole theory of slavery is wrong. But they won't make soldiers. As a class they are wanting in every qualification of a soldier. Better by far to yield to the demands of England and France and abolish slavery and thereby purchase their aid, than resort to this policy, which leads as certainly to ruin and subjugation as it is adopted; you want more soldiers, and hence the proposition to take negroes into the Army. Before resorting to it, at least try every reasonable mode of getting white soldiers. I do not entertain a doubt that you can, by the volunteering policy, get more men into the service than you can arm. I have more fears about arms than about men, For Heaven's sake, try it before you fill with gloom and despondency the hearts of many of our truest and most devoted men, by resort to the suicidal policy of arming our slaves.
Howell Cobb
First of all I want to remind you of the essential features of models. In my opinion they are: (i) drawing up a list of the variables to be considered; (ii) drawing up a list of the equations or relations the variables have to obey and (iii) testing the validity of the equations, which implies the estimation of their coefficients, if any. As a consequence of especially (iii) we may have to revise (i) and (ii) so as to arrive at a satisfactory degree of realism of the theory embodied in the model. Then, the model may be used for various purposes, that is, for the solution of various problems. The advantages of models are, on one hand, that they force us to present a "complete" theory by which I mean a theory taking into account all relevant phenomena and relations and, on the other hand, the confrontation with observation, that is, reality. Of course these remarks are far from new.
Jan Tinbergen
... a rather different class of applications of the idea of best allocation of scarce resources... usually referred to as the theory of optimal economic growth. In most studies of this kind made in the countries with market economies there is not an identifiable client to whom the findings are submitted as policy recommendations. Nor is there an obvious choice of objective function, such as cost minimization or profit maximization in the studies addressed to individual enterprises. The field has more of a speculative character. The models studied usually contain only a few highly aggregated variables. One considers alternative objective functions that incorporate or emphasize various strands of ethical, political, or social thought. These objectives are then tried out to see what future paths of the economy they imply under equally simplified assumptions of technology or resource availability.
Tjalling Koopmans