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Don Boudreaux on Buchanan

EconTalk

CHAPTER

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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