Michael Blastland

speaker
745 appearances 4 recordings 1 series first heard Mar 2011 last heard Aug 2011

Michael Blastland’s voice in public audio — every appearance, attributed to the second.

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And given the price, in light of my resources, I aim to maximise my utility.
And since I'm rational, really I am, I calculate, that'll be 47 over x minus a percent.
My individual self-interest is best served by, um, that one.
Packet of cheese and onion.
Thank you.
Thank you.
Now, that's a bit of a caricature of what it means to be economic man, and it's hotly debated.
In fact, like Shakespeare's Hamlet, economics is riven by two views of what it is to be human.
Noble in reason or at the mercy of unruly human impulse.
Gluttonous lack of self-control, for example.
In this series, we heard first about economics as a story of morality.
Then we heard the story of economics as science.
This week, it's economics as the story of people, how they think and behave.
And we'll do this with a set of intriguing questions about whether you and I are all that Homo economicus describes.
Here goes.
First, is my or your economic judgment as sound as we probably both like to think –
Earlier in the series, we met the economist Paul Seabright at the zoo to compare people with other primates.
Time for a return visit.
Feel flattered by that?
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