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Introduction: The Paradox of Rationality and Selfishness

In: The End of Rationality and Selfishness

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  • Rui-Wu Wang

    (Northwestern Polytechnical University)

Abstract

A thousand years later, in the book the Wealth of Nations, Adam Smith, generally hailed as the father of modern economics, said in the same way that the invisible hand behind people’s behaviors—the selfishness of human nature, always pursues its own interests. The selfishness, or we can use a more elegant word rationality, that explains almost all of our economic and social behaviors. We can use selfishness to explain why students study so hard to get into the top universities—rewards are higher.

Suggested Citation

  • Rui-Wu Wang, 2023. "Introduction: The Paradox of Rationality and Selfishness," Springer Books, in: The End of Rationality and Selfishness, chapter 0, pages 3-13, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9752-5_1
    DOI: 10.1007/978-981-19-9752-5_1
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