Human Nature

Human nature is the responsible for the financial crisis, in Greenspan opinion (watch the BBC video here). And former Federal Reserve Chief does not just talk about current one: all of them, he says, from the South Sea Bubble in the XVI Century to todays.

The amazing thing is that the Homo Economicus is the only model economists use today: this is not serious at all. Current economy should not be considered a real science (in fact, it is a religion right now) since its models do not fit its subject. To make a long story short: the main problem is that economists are pure mathematitians that excuse their failures and dogmatic excesses about society by blaming the "unquenchable human nature" (Greenspan). How can coexist ideas like deregulation, free market and invisible hands in the very same discourse with "unquenchable human nature" and still pay these people such bonuses?

To have a remote chance of understanding human nature it has to be taken into account factors like art, for example, that are not reasonable or driven by interest. Any map of human soul that does not count on subjective impulses, beside moral attributes and mathematical skills is not going to be fully human. Economist should have the capability of dealing with the contradictions of human nature. So, little hope of fixing current state of the art of society in the hands of current leaders, I am afraid. Last hope are politicians...