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History of Economic Ideas

Published by: jane 2010-03-18
  • Where does the term "Homo economicus" originally come from? Who was the first to use it?


  • Hi tor and thanks for the question. The term "Homo economicus" originally comes from the `minimax theorem' developed by Von Neumann in 1928. “And game theory is far from a new science; development began as early as 1910, and by 1928-the year in which Von Neumann presented his `minimax theorem' and had coined the term `homo economicus'- it had attracted the attention of economists who saw in it the potential for an umbrella theory for the social sciences (Aumann 1986: 461). “ http://216.239.35.100/search?q=cache:iUrcCq43S2kC:www.lafferty.ca/writing/gt-thesis.pdf++%22term+Homo+economicus+%22++&hl=pt&ie=UTF-8 **NOTE** available only in Google cache. Bio of von Neumann, John(1903 -- 1957) http://www.dam.brown.edu/people/yiannis/neuman.html A description of the 'minimax theorem' http://library.thinkquest.org/26408/math/utility.shtml?tqskip1=1&tqtime=0819 There is also a reference which claims that, “Texas historian, T. R. Fehrenbach, coined the term “ However I am inclined to believe it was Von Neumann in 1928 as T. R. Fehrenbach delivered a lecture on April 5th of this year(2002) at the "High Five Ranch Pavillion" on "an historical perspective of ranching in South Texas." http://www.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001NbN Thank you for the question, and if you need any clarification do not hesitate to ask. THX1138 Google search term: "term Homo economicus"
  • ECON 4381 (001), Spring 2009 (3 hrs) Professor Simon Fass TR 1:00 ::
    File Format: PDF/Adobe Acrobat - View as HTMLJan 8, 2009 History of Economic Ideas. This course traces the progression of Western economic ideas from the distant past to the present
    http://www.utdallas.edu/~fass/ECON 4381 History of Economic Ideas.pdf
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    Medema, S.G.: The Hesitant Hand: Taming Self-Interest in the ::
    Jun 4, 2009 Description of the book The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas by Medema, SG, published by Princeton
    http://press.princeton.edu/titles/8899.html
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    A history of economic ideas, [WorldCat.org]::
    I thought you might be interested in this item at http://www.worldcat.org/oclc/325324 Title: A history of economic ideas, Author: Edmund Whittaker
    http://www.worldcat.org/wcpa/top3mset/23986f9b6cb3ca70.html
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    History of Economic Ideas::
    File Format: PDF/Adobe Acrobat - ViewHistory of Economic Ideas. Randall Holcombe. Spring 2008. 1. (10 points) Mandeville argued that morality and economics are different areas of inquiry, but
    http://www.randallholcombe.com/courses/eco3303_test.pdf
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    New Ideas From Dead Economists: An Introduction to Modern Economic ::
    New Ideas from Dead Economists follows the format of introducing the celebrated figures from the history of economic thought, telling briefly about their
    http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3789
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    Deirdre McCloskey: Articles::
    "The Trouble with Mathematics and Statistics in Economics," History of Economic Ideas XIII (3,2005): 85-102, delivered to MUIR-PRIN project "The role of
    http://deirdremccloskey.org/articles/
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