[F]our economists have received Nobel Prizes for Behavioral… - John Komlos

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[F]our economists have received Nobel Prizes for Behavioral economics... [T]hat should be the default model. ...Forget about rationality. That's a silly assumption.

John Komlos

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Ha-Joon Chang Joseph E. Stiglitz Kate Raworth Paul Krugman Friedrich Hayek

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[T]here are better ways to measure progress than in terms of money.

[W]hile income determines the position of the for food, an individual who purchases food at higher market prices might consume less of it than a self-sufficient peasant isolated from the market... even if the income of the former is greater...

I hope the present volume can... improve the teaching of economics by presenting a real-world perspective as opposed to the fantasy world of mainstream textbooks.

[F]our economists have received Nobel Prizes for Behavioral economics... [T]hat should be the default model. ...Forget about rationality. That's a si… - John Komlos

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