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3
Special Report: How a vicious circle of self-interest sank a California city | Reuters
Posted by
XenokRoy
13 years, 6 months ago to
Economics
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Posted by
itisntluck
13 years, 5 months ago
That wasn't "self-interest". It was suicide. Looks like all those cops and firemen will have to sell their condos in Cabo.
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Posted by
WWJGD
13 years, 6 months ago
in reply to
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Well, we Objectivists like the phrase "rational self-interest."
Perhaps this article's topic could be deemed "irrational self-interest!"
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Posted by
XenokRoy
13 years, 6 months ago
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Also my thoughts.
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Posted by
Dragon616
13 years, 6 months ago
If I understand the article correctly then it is less self-interest but instead more stereotypical selfishness which doesn't care what it hurts in order to gain short/long term profit.
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Perhaps this article's topic could be deemed "irrational self-interest!"