Don Boudreaux on Buchanan
EconTalk
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The Intersection of Ethics and Economics
This chapter explores the intricate relationship between human behavior, morality, and economic decision-making, challenging the simplistic depiction of individuals as mere profit-maximizers. Through various examples and critiques, the discussion advocates for a broader understanding of freedom and personal transformation that encompasses ethical considerations beyond self-interest. It emphasizes the importance of institutional frameworks and moral philosophy in shaping individual aspirations and societal interactions.
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