Word info Synonyms

Homo economicus

Proper noun

Meaning

Homo economicus

(economics) A human being regarded as a rational and narrowly self-interested actor capable of making judgments in order to attain its own particular goals.

Source: en.wiktionary.org

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Related terms

Examples

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

Homo economicus was surreptitiously taken as the emblem and analogue for all living beings. A mechanistic anthropomorphism has gained currency. Ivan Illich

Not only is Homo economicus self-centered, he is a murdering psychopath. However, as with much of neoclassical economic thought, there is an element of circularity here. David Orrell

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