Homo Sapiens vs. Homo Economicus

The strong belief of Alan Greenspan to the free capitalistic market economy is based on his perception of human being as a rational thinking creature. The core idea of capitalistic market economy and free competition is incorporated in the term homo economicus. A human being has rational mind and when homo economicus makes rational choices…

Farsighted Development I

In the middle of October I was very surprised to read news about the acquisition between a Finnish video game development company, Supercell and a Japanese telecommunications and Internet corporation SoftBank and a video game company GungHo. The acquisition brought the Finnish counterparts 1,1 billion (11*100 million) euros. The news surprised me, because I had…