"A common mistake is to identify the purposes of people exclusively with their 'self-interest,' which is then in turn confused with 'selfishness.' The purposes of people in the market are indeed purposes of selves, but as selves with purposes we are also concerned about the interests and well being of others -- our family members, our friends, our neighbors, and even total strangers whom we will never meet. Indeed, markets help to condition people to consider the needs of others, including total strangers." --Tom G. Palmer, "The Morality of Capitalism"
Showing posts with label self-interest. Show all posts
Showing posts with label self-interest. Show all posts
Wednesday, September 21, 2011
Quote of the day: Does the free market serve 'self-interest' or 'selfishness?'
Labels:
free markets,
self-interest
Monday, July 25, 2011
Milton Friedman Video of the Day
A classic Milton Friedman clip, educating Phil Donahue on the virtues of self-interest. Enjoy!
Come celebrate Milton Friedman's legacy of freedom at the University of Louisville Belknap Campus this Friday, July 29th at 8 AM. Click here to RSVP for Friedman Day 2011!
Labels:
Friedman Day,
Milton Friedman,
self-interest
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