Adam Smith noted that people are adept at which of the following?
A)Confusing themselves if given the chance.
B)Proving the truth of "Murphy's Law."
C)Denying themselves for the sake of others.
D)Pursuing their own self-interest.
E)All of the above are correct.

Question

Adam Smith noted that people are adept at which of the following?
A)Confusing themselves if given the chance.
B)Proving the truth of "Murphy's Law." 
C)Denying themselves for the sake of others.
D)Pursuing their own self-interest.
E)All of the above are correct.

Quizplus · Accepted Answer

Adam Smith believed that people were naturally self-interested and would pursue their own interests even at the cost of others. This is the basis of his idea of the "invisible hand" which suggests that the pursuit of self-interest can lead to overall benefits for society as a whole.

Adam Smith Noted That People Are Adept at Which of the Following