Thread: Why do You Guys Hate on Capitalism?
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Old 07.09.2007, 10:05 PM   #46
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Quote:
Originally Posted by noumenal
If economics is the study of human behavior, it's a very limited view....an extreme case of tunnel vision that considers only certain motivations from a particular cultural viewpoint. Human behavior is infinitely more complicated than the view taken by economics, which makes basic assumptions about social choice and the maximization of utility, and reduces human behavior down to mechanical, perfunctory decisions. I'm not saying it's not useful, but THE study of human behavior it isn't.

that's right. it's the study of human behavior in the context of scarcity.
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