“Not only is Homo economicus self-centered, he is a murdering psychopath. However, as with much of neoclassical economic thought, there is an element of circularity here.”

—  David Orrell

Source: The Other Side Of The Coin (2008), Chapter 5, Male Versus Female, p. 156

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Not only is Homo economicus self-centered, he is a murdering psychopath. However, as with much of neoclassical economic…" by David Orrell?
David Orrell photo
David Orrell 26
Canadian mathematician 1962

Related quotes

Herbert A. Simon photo

“We need to augment and amend the existing body of classical and neoclassical economic theory to achieve a more realistic picture of economic process.”

Herbert A. Simon (1916–2001) American political scientist, economist, sociologist, and psychologist

Herbert A. Simon (1986) in Preface to: Gilad & Kaish (eds.), Handbook of Behavioral Economics, p. xvi.
1980s and later

Robert Aumann photo

“Proving that profit is economically and morally justifiable, rather then the result of exploitation, has been a central preoccupation of neoclassical economists.”

Jim Stanford (1961) Canadian economist

Part 1, Chapter 4, The Politics of Economics, p. 57
Economics For Everyone (2008)

John Kenneth Galbraith photo

“If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Power and the Useful Economist (1973)
Context: This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of power and politics because the firm is safely subordinate to the market and the state and for this reason it is safely at the command of the consumer and citizen. Such an economics is not neutral. It is the influential and invaluable ally of those whose exercise of power depends on an acquiescent public. If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.

Allen C. Guelzo photo
Keiji Nishitani photo
William Lloyd Garrison photo

“But the moment he holds them [slaves] as property, however kindly he may treat them, he is a man-stealer, whom the apostle classes among ‘murderers of fathers and murderers of mothers.’”

William Lloyd Garrison (1805–1879) American journalist

Letter to Gerrit Smith, (Feb. 7, 1835), The Letters of William Lloyd Garrison, vol. 1, Walter M. Merrill, edit., Belknap Press-Harvard University Press, 1971, p. 445

Related topics