The brand of economic theory loosely known as the Chicago School gets much of the credit — or blame, these days — for promoting the existence of “rational economic actors” who keep a free market ...

Discover the concept of homo economicus, its origins, and why it's essential in economics. Explore its rational decision-making model and its limitations today.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Wird damit die Täuschung nicht schon zur Wahrheit seiner Seele [Will the deception not become a truth of his soul] — Thomas Mann, wondering about Joseph in Egypt Source: J. Krueger In the third volume ...