Works Progress Administration workers build a new farm-to-market road along Knob Creek in Tennessee, March 9, 1936. (AP Photo)
A Post by Jeff Piestrak Public Services at Albert R. Mann Library, Cornell University
Like Nick Hanauer, proclaiming ‘Homo Economicus’ Must Die:
"The last 40 years of research across multiple scientific disciplines has proven, with certainty, that homo economicus does not exist. Outside of economic models, this is simply not how real humans behave....
Being rapacious doesn’t make you a capitalist. It makes you an asshole and a sociopath. In an economy dependent on complex trust networks to facilitate the cooperative tasks from which prosperity emerges, and when prosperity itself is understood—not as money but as solutions to human problems—true capitalists understand that every economic act is an explicitly moral choice—and they act accordingly."