“The Economics of Nice Folks” Sam Bowles of the Santa Fe Institute says economists need to recognize the “moral nature of humans”: The economics of nice folks, EurekAlert: A basic tenet of economics is that people always behave selfishly, or as the 18th century philosopher economist David Hume put it, “every man ought to be supposed to be a knave.” But what if some people aren’t always knaves? Sam Bowles argues in Science June …
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Economist’s View - 6 new articles
