Wednesday, August 25, 2010
self interest
I feel that self interest, despite how it's based off of selfishness and personal advancement, can actually be very beneficial for the economy. Since it's all about spending money on yourself it ultimately puts stimulating money in the economy which helps drive it. Hyper link. This link supports my opinion by giving good examples of how the benefits of self interest out-weigh the cost.
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i love the article you linked to Ben. You and Adam Smith seem to be on the same page. Of course the current example is the oil spill in the gulf. Was that due to excessive self-interest?
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