The Three Basic Presuppositions of Economists
The contemporary study of economics originally derived from the moral vision of Adam Smith and was reformulated in two stages, first by Alfred Marshall [>i>Principles of Economics>/i>] and, second, by Paul Samuelson [>i>Economics>/i>]. Throughout this process, the fundamental premise of the "rational economic actor" has remained unchanged, despite the fact that currently the concept of rationalism is itself under critical assault in economics.
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Volume (Year): 32 (1999)
Issue (Month): 4 (July)
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