Theconcept of economic rationality is important for the historicalevolution of Economics as a scientific discipline. The common ideaabout this concept -even between economists- is that it has a uniquemeaning which is universally accepted. This new volume argues that"economic rationality" is not not a universal concept with one singlemeaning, and that it in fact has different, if not conflicting,interpretations in the evolution of discourse on economics. In order toachieve this, the book traces the historical evolution of the conceptof economic rationality from Adam Smith to the present, taking inthinkers from Mill to Friedman, and encompassing approaches fromneoclassical to behavioural economics.

The book chartsthis history in order to reveal important instances of conceptualtransformation of the meaning of economic rationality. In doing so, itpresents a uniquely detailed study of the historical change of the manyfaces of the homo oeconomicus .



Series: Routledge Studies in the History of Economics (Book 160)
Hardcover: 192 pages
Publisher: Routledge (January 31, 2014)
Language: English
ISBN-10: 0415530849
ISBN-13: 978-0415530842
Product Dimensions:         8.6 x 5.7 x 0.6 inches
Shipping Weight: 12 ounces                                                                                                   
http://www.amazon.com/The-Varieties-Economic-Rationality-Contemporary/dp/0415530849/ref=sr_1_1?ie=UTF8&qid=1401454614&sr=8-1&keywords=The+Varieties+of+Economic+Rationality%3A+From+Adam+Smith+to+Contemporary+Behavioural+and+Evolutionary+Economics