On a number of occasions, Rush Limbaugh has spoken of the “invisible hand” described by Adam Smith. It is not out of benevolence, Rush has said, that your grocer sells you food. It is the grocer’s self-interest—his desire to earn a profit—that motivates him. But, Rush has quickly added, self-interest is not the same as…
On a number of occasions, Rush Limbaugh has spoken of the “invisible hand” described by Adam Smith. It is not out of benevolence, Rush has said, that your grocer sells you food. It is the grocer’s self-interest—his desire to earn a profit—that motivates him. But, Rush has quickly added, self-interest is not the same as…
This was originally posted on Live Oaks on March 1, 2010. Comments have not been migrated. During his public apology for marital infidelity, Tiger Woods blamed his actions on “selfishness”. I thought of nobody but myself, he declared. As I pointed out last week, his actions were anything but selfish. Interestingly, Tiger has been truly…
This was originally posted on Live Oaks on February 22, 2010. Comments have not been migrated. I have followed the career of Tiger Woods since he was in high school. I regarded him as a refreshing example of talent and character. Revelations of his marital “transgressions” was more than a surprise–it felt like a good…
This was originally posted on Live Oaks on November 24, 2009. Comments have not been migrated. An OpEd by William Klemm, a professor at Texas A&M, in Sunday’s Chronicle declares that today’s youth are “self-absorbed” because of technology. According to the article, developments such as cell phones, Facebook, and text messaging breed laziness, narcissism, and…