Economic view of human desire

It seems to me that the view of human nature that has taken on dominance in economic thinking over the last half-century always struck me as a little bit oversimplified and inaccurate. It describes people as wanting to consume. All people care about is consuming. It just never felt right to me. I thought people wanted to be loved…

— Robert J. Shiller, American economist and professor at Yale University, in a presentation I transcribed. 19 October 2012.

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