Homo-economicus Definition

noun

(economics) A human being regarded as a rational and narrowly self-interested actor capable of making judgments in order to attain its own particular goals.

Wiktionary

Origin of Homo-economicus

  • Pseudo-taxonomic name; compare Homo sapiens. The earlier term "Economic Man" was used for the first time in the late nineteenth century by critics of John Stuart Mill's work on political economy.

    From Wiktionary

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