Monday, March 8, 2021

Economic Man vs. Humanity: A Puppet Rap Battle

I just discovered this rap battle puppet video from Donut Economics, in which four characters debate the concept of Homo economicus.

As the accompanying text by Kate Raworth says,

Here’s the disturbing thing: research has found that merely studying Homo economicus can alter us. A study in Israel found that third-year economics students rated altruistic traits – such as helpfulness, honesty and loyalty – as being far less important than did their freshman equivalents. After taking a course in game theory (a study of strategy which assumes self-interest in its models), economics students in the US behaved more selfishly and expected others to do so too.

All that plus a catchy tune and lyrics. With puppets.


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