Katrine Marçal

"When philosopher Adam Smith proclaimed that our actions are motivated by self-interest, he used the example of the baker and the butcher to lay the foundations for his "Economic man." He argued that they gave bread and meat for profit, not out of the goodness of their hearts. It's an ironic point of view coming from a bachelor who lived with his mother for most of his life-- a woman who cooked his dinner every night. Nevertheless, Smith's economic...