Debunking Economics - the podcast cover image

Does human behaviour render all economic models useless?

Debunking Economics - the podcast

CHAPTER

Altruism and Mutual Benefit in Economic Models

This chapter explores the concept of altruism and mutually beneficial relationships in economic models. It discusses the limitations of a cooperative framework, challenges the belief in self-interest leading to socially beneficial outcomes, and emphasizes the importance of balancing selfishness with altruism through government intervention.

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