REALISM AND ABSTRACTION IN ECONOMICS (william)
- Highlight on Page 14 | Added on Monday, March 12, 2012, 01:07 AM
The classicals were not really such fools as to suppose that “self-interested” and “altruistic” motives can be cleanly separated into different compartments of life; but they did regard the hypothesis of pure self-interest as a good enough predictor of people’s behavior in the business world.
