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The Lessons of History

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Rethinking Economic Behaviour
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Abstract

‘The rationality assumption of neoclassical economics assumes that the players know what is in their self-interest and act accordingly. Ten millennia of human economic history say that this is a wildly erroneous assumption.’

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© 2000 David Simpson

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Simpson, D. (2000). The Lessons of History. In: Rethinking Economic Behaviour. Palgrave Macmillan, London. https://doi.org/10.1057/9780230513556_10

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