The concept of homo economicus, a being that simply maximizes utility under constraint, is rooted in a value system that may not, in fact, be universal. Our scholars are exploring the role of philosophy in understanding and forming the underlying assumptions of the neoclassical economic model.

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    What Should Microeconomists Study?

    In the final webinar in the Philosophy of Economics group in 2015, professor Philip Mirowski will join us for a discussion of his work in Philosophy of Economics. We will ask Professor Mirowski “What is the object of study of microeconomics?” Read more

    The Economics of Post-Factual Democracy

    Young Scholars from the YSI working groups on Innovation, Complexity Economics, Philosophy of Economics and Financial Stability will present their research at a one-day workshop following The Economics of Post-Factual Democracy conference in Copenhagen, Denmark. Read more