
The Wealth of Nations
In Our Time: Philosophy
Selfishness Is Good
The rich are to be admired, and the poor really do admire the rich. When o comes to it, he says those things. The idea being that there is what we'd call a positive externality from that. In other words, if you have this individual behaving in a self interested way, then they are maybe doing things for their own good but they have some er effect on the economy as a whole.
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