Why do economic models often fail their predictions despite the sophistication achieved by their methods? Why can many people with a background in finance, economics and investment manage money from other individuals or companies, but cannot manage their own financial lives wisely? These are questions to which economic psychology and behavioral economics have brought relevant insights that have earned The Nobel Prize in economics in the years 2002 and 2017. However, they have not been sufficient to elucidate these questions.
Seeking for more understanding, philosophy has joined with psychology and behavioral economics to study the other vertex of the human economic triangle: emotions as influencing factors in the choices of an individual in a socially interacting world. It was by thinking in these terms that the philosophy of economic behavior emerged.
Until then, when thinking about economics, rational people soon came to mind as those that can make the right choices that best benefit their pockets. After all, as Adam Smith and John Stuart Mill have taught us, we pursue wealth and avoid poverty, and this should make us always seek greater gain in our daily business. But not only is human being quasi-rational, as Richard Thaler argues, it is also emotional, to the extent that David Hume asserts that reason is a slave to the passions. Behind the pursuit of wealth is a whole framework of emotions linked to the symbolic content that accompanies money, which represents the possibility of fulfilling the unlimited desires of an ever-desiring and never-satisfied individual.
Economics is a science that belongs to the human realm, which means that in addition to being among the humanities, it is operated in real life by human beings. Not by the rational homo economicus (economic man), postulated in abstract models, but by the flesh-and-blood individual who pays bills, makes loans, uses overdraft, goes to the movies, rides a bicycle, anyway for any of us and not only by people who have sophisticated knowledge in economics and finance. If life were a road, the economy would be the asphalt that covers it and on which we travel.
It is from this point that the philosophy of economic behavior bases its studies and research, taking advantage of the scientific discoveries of psychology and economics and thinking about them. The purpose of this site is to discuss the subject more broadly, presenting the result of investigations of this new field of philosophical study and many others who have dedicated themselves to understanding the human ethos in the world, despite the world.
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PAPER / ARTIGO: Adam Smith and Stuart Mill on the Vanity of Homo Oeconomicus – Revista Perspectiva Filosófica (UFPE)
Para ler o artigo, clique aqui. ABSTRACT* Vanity underlies human behavior and can be expressed in various forms in the… Read more
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ARTIGO / PAPER: Filosofia do Comportamento Econômico / The Philosophy of Economic Behavior – Revista Sapere Aude (PUC Minas)
Para ler o artigo, clique aqui. RESUMO:A filosofia do comportamento econômico, como novo campo de pesquisa filosófica, tem como pilares… Read more
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Participação no Podcast Malditos Filósofos! – Tema: Mulheres na Ciência
“Um lugar criado por homens, para homens, dificilmente não será machista”. Neste episódio vocês ouvirão aquilo que por muito tempo… Read more
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GRUPO DE PESQUISA em Filosofia do Comportamento Econômico — RESEARCH GROUP on Philosophy of Economic Behavior
GRUPO DE PESQUISA EM FILOSOFIA DO COMPORTAMENTO ECONÔMICO O G-PEB, Grupo de Pesquisa em Filosofia do Comportamento Econômico, é uma… Read more
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PAPER / ARTIGO: On nudges that fail / Sobre nudges que falham — Behavioral Public Policy – Cambridge University (2022)
Abstract: The aim of this study is to respond to Cass Sunstein’s question: ‘Why are some nudges ineffective, or at… Read more
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Lançamento do livro: Filosofia do Comportamento Econômico – Teoria e Fundamentação
Descrição Por que muitas vezes os modelos econômicos falham nas suas previsões? Por que economistas e profissionais do mercado financeiro… Read more
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A economia como dignidade natural
Palestra proferida no painel de Economia e Desenvolvimento Social, proferida no XV Seminário Internacional da FAJE – Faculdade Jesuíta de… Read more
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BOOK / LIVRO: Philosophy of Economic Behavior: The Basics
Year / Ano: 2021Author / Autora: Nara RelaPublisher / Selo: DialéticaISBN: 9786525210513Pages / Nº de Páginas: 244 Why do economic… Read more
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A economia como dignidade natural
Texto apresentado em 21/10/2021 no XVI Simpósio Internacional Filosófico-Teológico da FAJE & IX Simpósio Internacional das Ciências da Religião PUC… Read more
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PAPER / ARTIGO: Adam Smith’s homo oeconomicus – published in Manuscrito Journal / publicado na Revista Manuscrito
ABSTRACT / RESUMODespite the fact that the discussion on the economic man flourishes in John Stuart Mill’s work, this does… Read more
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Diagram of sympathy and a-sympathy
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Esquema da simpatia e a-simpatia
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Lançamento do livro – Mística e filosofia: os caminhos de Teresa D’Ávila e María Zambrano
Livro impresso e e-bookDisponível no site da Editora Dialética e a partir de 14/06 nas principais lojas online Descrição Mística… Read more
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Participação em Podcast – Malditos Filósofos!
Participação no Podcast “Malditos Filósofos!”, organizado pelo PET – Filosofia UFSJ, com uma conversa sobre economia e sobre a Filosofia… Read more
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Live: “Mulheres na Filosofia” – María Zambrano
Data: 14 de abril de 2021Hora: 18hCanal no YouTube: Blog Mulheres na Filosofia (vídeo disponível abaixo)
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Sympathy, sympathetic disruption and a-reflection as concepts of Philosophy of Economic Behavior
In its studies, the philosophy of economic behavior assumes the concept of sympathy in David Hume’s and Adam Smith’s broader… Read more
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Simpatia, disrupção simpatética e a-reflexão como conceitos da Filosofia do Comportamento Econômico[1]
Em seus estudos, a filosofia do comportamento econômico assume o conceito de simpatia em seu sentido mais amplo conforme delineado… Read more
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Disponível para download: “Um Livro, Várias Lições: Questões Políticas”
Publicado pela Editora Fi, a obra “Um Livro, Várias Lições: Questões Políticas” é resultado de quatro módulos do curso de… Read more
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On the Definition of Political Economy
The text belongs to the first part of my book “The Pillars of Philosophy of Economic Behavior”.
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Economia como ciência humana
O texto “Economia como ciência humana” é um capítulo do livro “Um livro, várias lições”, que apresenta uma coletânea de… Read more
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Uma análise pós-moderna da crise de 2008
No período da crise de 2008 o mundo entrou em polvorosa tentando entender o que acontecia. Diversos estudos e textos… Read more
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Mercantilismo, fisiocratas, liberalismo, Adam Smith – Texto Esquemático
Esse texto apresenta de forma esquemática a história das ideias do pensamento econômico do mercantilismo até Adam Smith. Seu objetivo é auxiliar no estudo das aulas de Michel Foucault compiladas no livro “Nascimento da Biopolítica”.
C.V.
Nara Rela
Graduated in Economics and Philosophy, Master in Philosophy, PhD in Philosophy at Pontifical Gregorian University – Rome, Italy. Visiting Scholar – University of Genova – Italy.
Internship in the national and international sales departments of German company.
Export Coordinator in several Brazilian companies.
President of the National Tourism Council in Brazil.
Participated in missions to attract international investments and in Roadshows in Lisbon and Paris (coordinated by the Brazilian Ministry of Tourism, Banco Espírito Santo and BNP Paribas), in India (Delhi and Mumbai).
Economics Commentator on TV news bulletins, with the objective of clarifying the Brazilian and international economics field, the various measures implemented by the government and how they affect the actual daily life of the citizens.
Economics columnist in Brazilian newspaper.