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Rational Choice Quotes

Browse 3 quotes about Rational Choice.

Rational Choice Quotes

“What economists and political scientists today call the “rational choice of individuals,” but what Smith called “the individual pursuit of happiness,” leads according to this view in a mechanical way to general welfare. As Alexander Pope in his Essay on Man put it: “true Self Love and Social are the same.” While this is the foundation of liberal capitalism, Marx’s dialectical materialism is not different in its selection of the economy as the prime mover. In this way the economy becomes the most important purpose of society. Fortunately, the economy has laws of causation, or, at least, that is what economists would like us to believe. Statistics are gathered to provide an objectified view of reality that enables social engineering. The individual and the collective are simultaneously put in an economic framework that is secular not in the sense that it is nonreligious, since individuals can rationally pursue religious ends, but in the sense that a God-given order of society has been replaced by an order that is constantly produced by homo economicus” (p. 41).”

CapitalismEconomicsCommunismPursuit Of HappinessIndividualsRational Choice
Book:The Modern Spirit of Asia: The Spiritual and the Secular in China and India
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“Economics [...] maximizing models are really arguing is that “people will always seek to maximize something,” [...] All they really add to analysis is a set of assumptions about human nature. The assumption, most of all, that no one ever does anything primarily out of concern for others; that whatever one does, one is only trying to get something out of it for oneself. In common English, there is a word for this attitude. It’s called “cynicism.” Most of us try to avoid people who take it too much to heart. In economics, apparently, they call it “science.”

ScienceEconomicsCynicismEconomistSocial ScienceRational ChoiceUtility Maximizing
Book:Toward An Anthropological Theory of Value: The False Coin of Our Own Dreams
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“Your connection with any ethnic group should be determined by social factors, such as your attitude to the widespread patterns of behavior and style of thinking in this group. If you feel strange in this social environment, it means that you cannot belong to it. Therefore, national identity should be a rational choice made by you in your adult life and cannot be automatically identified at birth.”

National IdentitySocial EnvironmentRational Choice
Author:Elmar Hussein
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