Ian Pitchford

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Mainstream economic theory makes powerful use of the assumption of full-blooded pursuit of self-interest. Some specific results, including the central Arrow-Debreu theorems on the efficiency and Pareto optimality of competitive equilibria, are based on ruling out “externalities” (including altruism) altogether, except in some very restricted form.
The Passions and the Interests: Political Arguments for Capitalism before Its Triumph (Princeton Classics)
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