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“What economists and political scientists today call the “rational choice of individuals,” but what Smith called “the individual pursuit of happiness,” leads according to this view in a mechanical way to general welfare.
Tags » Rationality
They say a fool and his money are soon parted, and in the era of so-called frictionless electronic payments, we are all, potentially, fools. 125 more words
Positive change is a powerful thing. It is the buzzword for social movements, the symbol of cultural progress, and (supposedly) the focus of governments around the world. 1,775 more words