Friday, 7 March 2014

Speaking of Self-Interest

A good quote:

Rational self-interest means long-term self-interest, not short-term greed. Greed comes back to haunt you, as certain bankers will testify. It is interesting that about the only US bank to come out of the financial crash unscathed was BB&T, run by John Allison – an adherent of Rand’s principles and last year’s lecturer. There are only two stable relationships, Allison insists: win-win or lose-lose. You don’t need self-sacrifice or even altruism. You benefit yourself by benefiting others.

Why helping yourself is the key to helping others

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