Freeman

ARTICLE

Ebenezer Scrooge and the Free Society

DECEMBER 24, 2009 by HOWARD BAETJER JR.

Filed Under : Capitalism, Morality

Behaving in a self-interested manner does not mean disregarding others. On the contrary, because we are social beings who depend on, and often care deeply about many others around us, a sound attention to our self-interest must include a great deal of concern for others.

Article can be found here in pdf form

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December 1988

ABOUT

HOWARD BAETJER JR.

Howard Baetjer Jr. is a lecturer in the department of economics at Towson University and a faculty member for seminars of the Institute for Humane Studies. He is the author of Free Our Markets: A Citizens’ Guide to Essential Economics.

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Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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