Economic man

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Economic man is a concept developed by the nineteenth century epigones of British Classical Political Economy. It depicts man as if he were solely and constantly motivated by a desire for monetary gain to the exclusion of all other human desires. It is thus an attempt by these epigones to explain and justify the preoccupation of classical economics with the activities of businessmen and their neglect to pay sufficient attention to the activities of consumers.[1]

References

  1. Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-04.

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