Francis Ysidro Edgeworth, the grandfather of modern economic theory, referred to individual self-interest as “the first principle of pure economics.” Until recently, economists routinely equated being rational with being selfish…
Francis Ysidro Edgeworth, the grandfather of modern economic theory, referred to individual self-interest as “the first principle of pure economics.” Until recently, economists routinely equated being rational with being selfish…
Globalmitch 