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Adam Smith on Sympathy: From Self-Interest to Empathy

Is the assumption of self-interested behavior assumed in economics at odds with altruism and compassion? I believe that this question—which has been formulated in various ways in the literature for the past two centuries—is the thorn that often turns us away from reconciling the Adam Smith of the Wealth of Nations (hereinafter WN) with the…

Adam Smith on Sympathy: From Self-Interest to Empathy

The intro to Gloria Zúñiga y Postigo’s essay Is the assumption of self-interested behavior assumed in economics at odds with altruism and compassion? I believe that this question—which has been formulated in various ways in the literature for the past two centuries—is the thorn that often turns us away from reconciling the Adam Smith of the…

Gary Becker

Greg Mankiw, the WP, TIME, UChicago and WSJ report the passing of Gary Becker. Here is his Nobel page and his Wiki page. I had tried to make contact with him some two years ago to no avail. discriminationEconomicsGary BeckerSociology