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Reforming Economics: What`S At Stake For Homo Oeconomicus?

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  • STERIAN Maria Gabriela

Abstract

The recent economic and financial crisis consisted of a series of failures and it has led to the re-assessment of priorities and values not only in terms of the state or corporate governance, but also for homo oeconomicus. It expresses the failure of a paradigm that has had considerable influence on the area of ideas. A battle is taking place between ideas leading to failed policies and which have accelerated the crisis. Faulty perspectives have led both to an economic and to a moral crisis, and the main economic and political decision makers only noticed the issues with much effort.

Suggested Citation

  • STERIAN Maria Gabriela, 2012. "Reforming Economics: What`S At Stake For Homo Oeconomicus?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(1), pages 777-785.
  • Handle: RePEc:blg:reveco:v:supplement:y:2012:i:1:p:777-785
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