The Economics Of Nice Folks

 22.06.2008 11:12   medicalnewstoday.com

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 20 that economics will get it wrong then, sometimes badly so.

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