“Homo economicus is an implausible caricature, but a highly productive one, and no useful alternative has yet been found.”

Source: Development, Geography, and Economic Theory (1995), Ch. 3. Models and Metaphors

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Paul Krugman106

American economist 1953

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“Homo economicus is an implausible caricature, but a highly productive one, and no useful alternative has yet been found.”

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Paul Krugman106

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