This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.

Thursday, December 23, 2010

The Theory of Self Interest

"The world out there is bitterly competitive, and those who do not pursue their own interests ruthlessly are likely to be swept aside by others who do...Some economists go so far as to say that self-interest explains virtually all behavior...As Gordon Tullock of the University of Arizona has written, for example, 'the average human being is about 95 percent selfish in the narrow sense of the terms.'"

Economic Scene
by Robert Frank
http://www.nytimes.com/2005/02/17/business/17scene.html

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