Tag: #economics and ethics

• Supernatural Beliefs: Keeping Madness at Bay

  Adam Smith came up with the Invisible Hand theory (Adam Smith, Wealth of Nations, 1776) and flipped the world upside down, especially the world of ethics. “Invisible hand theory,” says that individuals are self-serving beings, and it is because of this self-interest, economies grow.  Individuals work to maximize their utilities and the aggregation maximises social…

  Lipi Gandhi

  November 2, 2021

  Opinion

  #beliefs, #economics, #economics and ethics, #ethics, #god, #humanism, #karma, #madness, #morality, #rational, #reason, #supernatural beliefs