Macroeconomics 8th Edition by David Colander

تمرين 3

Adam Smith, who wrote The Wealth of Nations, and who is seen as the father of modem economics, also wrote The Theory of Moral Sentiments. In it he argued that Socity would be better off if people weren't so selfish and were more considerate of others. How does this view fit with the discussion of economic reasoning presented in the chapter?