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Economics and the Mind

Economics and the Mind

Paperback

Series: Routledge INEM Advances in Economic Methodology

Economics

ISBN10: 0415493730
ISBN13: 9780415493734
Publisher: Routledge
Published: Apr 30 2009
Pages: 236
Weight: 0.75
Height: 0.51 Width: 6.14 Depth: 9.21
Language: English

Economics is often defined as the science of choice or human action. But choice and action are essentially mental phenomena, an aspect rarely mentioned in the economics discourse. Choice, while not always a conscious or rational process, is held to involve beliefs, desires, intentions and arguably even free will. Actions are often opposed to mere bodily movements, with the former being in some sense only understandable in reference to mental processes while the latter are understandable in entirely non-mental, physical terms.

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