The Invisible Hand | Aug 29, 2012 | 27:30

    Homo Economicus 2.0

    Economists often use models to explain economic theory at work. In the simplest models, we humans are depicted as coldly rational beings who compute all our options, and act in our own self interest. This prototype of a person is called Homo Economicus. New thinking, however, is giving us a much more well-rounded view of human behaviour within economics. In this episode we reveal a new model of a man, Homo Economicus 2.0.

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    The Invisible Hand - Web Extra: The Invisible Hand's Musical FinaleAug 29, 2012 | 2:35The Invisible Hand Web Extra: The Invisible Hand's Musical Finale Audio
    The Invisible Hand Web Extra: The Invisible Hand's Musical Finale Aug 29, 2012 | 2:35In our show we discuss "mainstream economics" - the kind of economics you'd learn in the average university course. Of course, there are many different kinds of economics, and we couldn't cover them all in our ten episodes. And so the Invisible Hand Choru

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