An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Sunday, August 3, 2014
Daniel Little — Institutional logics -- actors within institutions
More reasons that the notion of a representative economic agent (homo economicus) is bonkers from the perspective of sociology. Agents behaviors are at least influenced by networks of institutions and are in some cases determined by those institutions.
Understanding Society
Institutional logics -- actors within institutionsDaniel Little | Chancellor of the University of Michigan-Dearborn, Professor of Philosophy at UM-Dearborn and Professor of Sociology at UM-Ann Arbor
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