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Season 8 - Episode 1 - Herbert Simon artwork
Science & Medicine

Season 8 - Episode 1 - Herbert Simon

Economics In Ten by Economics In Ten

Jul 12, 202401:23:07Science & Medicine

One of the fundamental principles of orthodox economics the idea that all economic agents "maximise" - consumers aim to maximise utility (econ speak for happiness) and producers profit. Nobel Prize winning economist Herb...

About This Episode

Season 8 - Episode 1 - Herbert Simon is an episode from Economics In Ten by Economics In Ten. One of the fundamental principles of orthodox economics the idea that all economic agents "maximise" - consumers aim to maximise utility (econ spe...

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This episode belongs to Economics In Ten.

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Episode Details

Published Jul 12, 2024, 01:23:07 long, audio available.