Grim Tidings
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Grim Tidings

Do Economists Presume Everyone’s Selfish?

Self-interest, economic rationality, and the questionable merit of capitalism

Early modern economists resorted to rational choice theory in their analyses of capitalism, to make their models tractable and as scientific as possible.

They assumed, for example, that economic transactions are based on calculations that…



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Benjamin Cain

Knowledge condemns. Art redeems. I learned that as an artistic writer who did a doctorate in philosophy. We should try to see the dark comedy in all things.