Audio Mises Daily

Home | Mises Library | Self-Interest Is Not Selfishness

Self-Interest Is Not Selfishness

Audio Mises Daily

Tags Free MarketsPhilosophy and Methodology

04/29/2015Gary Galles

When Mother Teresa used her Nobel Prize money to fund services for the poor, she was exhibiting "self-interest," but not selfishness. Like virtually everyone else, she used her property to achieve an end she valued, but which benefited others as well, writes Gary Galles.

This audio Mises Daily is narrated by Robert Hale.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Gary Galles

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.