First Principles: Sound Economics Is Based On the Advantages of Self-Interest Not Appeals To Humanity

“It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our necessities but of their advantages.”  – Adam Smith,  Inquiry into the Nature and Causes of the Wealth of Nations

 

 

 

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About alohapromisesforever

Writer, poet, musician, surfer, father of two princesses.
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