Rational Self Interest Quotes

Quotes tagged as "rational-self-interest" Showing 1-3 of 3
Steve Keen
“As Thorstein Veblen correctly surmised over a century ago, the failure of economics to become an evolutionary science is the product of the optimizing framework of the underlying paradigm, which is inherently antithetical to the process of evolutionary change. This is the primary reason why the neoclassical mantra that the economy must be perceived as the outcome of the decisions of utility-maximizing individuals must be squarely rejected.”
Steve Keen, Adbusters #84 Pop Nihilism

“The reader who thinks that rationality does not require a definition should ponder the following: I'll give you a million dollars to do something irrational.”
Lakshman Krishnamurthi, Principles of Pricing: An Analytical Approach

Charles Eisenstein
“In terms of conventional economics, it may actually be in an individual's rational self-interest to engage in activities that render the earth uninhabitable....it may be more in our "rational self-interest" to liquidate all natural capital right now - cash in the earth - than to preserve it for future generations”
Charles Eisenstein, The Ascent of Humanity: Civilization and the Human Sense of Self by Eisenstein, Charles