24 agosto 2014

rational self-interest II

Selfishness is behavior that is directed at furthering one's own interests, without regard to, or even at the expense of, others'. A selfish person might, for example, eat all of his cookies rather than offering one to a friend, if he has no reason to believe that friend will reciprocate. Economists generally distinguish between selfishness and rational self-interest. A person can engage in unselfish behavior out of rational self-interest because he believes he can gain greater satisfaction from devoting a given resource to improving others' circumstances than to improving his own circumstances.

Mises, in Human Action

1 comentário:

Euro2cent disse...


The Hedge Fund and the Despot
McGee wouldn’t find out for years, but as the attacks were unfolding, and as he worked with Washington to financially isolate Mugabe, a Wall Street consortium provided the $100 million for the dictator’s government. These millions secured the rights to mine platinum, among the most valuable of minerals, from central Zimbabwe. Several firms were involved in the investment, including BlackRock (BLK), GLG Partners, and Credit Suisse (CS). The most vital player was Och-Ziff Capital Management (OZM), the largest publicly traded hedge fund on Wall Street.

"Não é o egoísmo do bruto, do vigarista ou do pedinte." Pois não, é o da gente que tem casas de dezenas de milhões em NY e nos Hamptons de Long Island.