Greed economics
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Greed economics
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WebBefore economics became a science of economic models, theoretical proofs and irrational rationality it was called moral philosophy and dealt with how individuals live their lives. ... Capitalists motivated by greed seek their own gain by maximizing profits. The forces of the market place, however, convert this private vice into public virtue ... WebApr 25, 2013 · Economists understand greed very well; after all, the urge to get rich is our discipline’s main explanation for human actions. Economists further recognise that greed can be good. When our ...
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