Bringing back the human heart to its place in the center

Somatic indicators such as guilt, shame, remorse, are key to rational decision-making. The lack of paying attention to them causes Alexithymia and generates the dispathetic behavior. For the sake of economics science, there is a need of an extinction of Homo Economicus. Perhaps it fulfilled an important role as a result of the Enlightenment era. Homo Economicus brought good and bad genes. The Homo Sapiens has now needs to explore other broader, empathetic and social frontiers.

The Homo Economicus promoted the disconnection between reason and emotion, or what would be known as mind and body (Nussbaum, 2003), however, and without ignoring its influence, the classical model of economics, although it did not attempt to create such a distinction, if it "normalized" a style of direction in which the "gut feellings" in any investment tried to hide any glimmer of emotion and feeling in the decision-making process.

Perhaps we are not talking about a superior ability to reason and get excited through consciously separated neural processes, but about the faculty that a person has to block their emotions and passions, to control themselves to make "optimal" decisions and consistent with their personal interests, with a specific objective. That institutionalized economic man as a great advance of modern thought and the European enlightenment of Descartes, Montesquieu and Steuart (among others).

The latest Nobel Prize wrote about importance of both feelings and thinking in the decision making processess: "The picture of human behavior that emerges is one that is more symmetric in its treatment of thoughts and feelings. It recognizes that the information-processing systems in the brain that generate both thoughts and feelings are dynamic and complex."

Romer suggests that economists can usefully take into consideration decision mechanisms into two broad categories: those based on thoughts and those based on feelings.

Reference: Romer, P. (2000) Thinking and Feeling The American Economic Review Vol. 90, No. 2, Papers and Proceedings of the (May, 2000), pp. 439-443

"...The problem with modern mainstream neoclassical economics is ... that it is built on fallacious and dishonest definitions and absurd and dishonest axioms..." etc. Please, I encourage you to read my paper https://www.economiasagrada.com/blog/the-space-for-a-new-way-of-thinking-economics, which seriously and with integrity addresess this point, which is actually wrong even from the point of view of economic theory. That's why we need to go deeper in our critique. Deeepr meanning beyond reasons

Simply because conventional economics is not working, and this has really catrastophic consequences for the health and beauty of life. Consequences that first and foremost we feel. Those who are willing to take this issue seriously, i believe, reach the conclusion that logic and intellect alone cannot provide the real solutions.

I understand why intelectuals (like myself, PhD economist U of Chicago) look down on feelings and emotions, what could I tell you to grab your attention so you would listen, and perhaps realize I'm talking about something else... The thing for me is to remember why are we really interested in pluralism. For one thing, we are interested in it because we want our voice to be heard; perhaps we want other voices to be heard too... But more deeply and more simply, why do we need that?

(VIctor) To me the heart in the center is a must for pluralism to be pluralistic. Otherwise there is at least one voice (in this case mine) not being heard. If minorities voices are not even heard, how can we call that pluralist?