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4 - Human nature

Published online by Cambridge University Press:  02 September 2009

Donald A. Walker
Affiliation:
Indiana University of Pennsylvania
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Summary

Introduction

Walras's treatment of the general characteristics of human nature was an application of his general philosophy and methodology to that aspect of reality. His treatment of human nature in relation to economic situations was an application of his economic philosophy and methodology to that specific aspect of reality. His ideas on both of these matters had many similarities with the ideas of scholars who preceded him, but he is more responsible than anyone else for a particular conception of human nature being imprinted indelibly on neoclassical economics and on the vast majority of all modern economic models. It is interesting, therefore, to study his ideas about human nature in general, and to examine how he arrived at his conception of an economic agent and his justification for it.

Walras's ideas about human nature have been studied by a number of writers, but there are some respects in which our knowledge of and understanding of his ideas can be deepened, and this chapter undertakes to do that. The numerous aspects of Walras's ideas considered here include his recognition that human nature has many different facets, his difficulties in dealing with the notion of free will, his identification of real and ideal types regarding human nature, the contrast between his knowledge of human nature and his concept of economic man, and his use of the latter in a series of steps of reasonings about the functioning of his economic model.

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Walrasian Economics , pp. 113 - 139
Publisher: Cambridge University Press
Print publication year: 2006

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  • Human nature
  • Donald A. Walker, Indiana University of Pennsylvania
  • Book: Walrasian Economics
  • Online publication: 02 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511510748.006
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  • Human nature
  • Donald A. Walker, Indiana University of Pennsylvania
  • Book: Walrasian Economics
  • Online publication: 02 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511510748.006
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Human nature
  • Donald A. Walker, Indiana University of Pennsylvania
  • Book: Walrasian Economics
  • Online publication: 02 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511510748.006
Available formats
×