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Altruism in the Family and Selfishness in the Market Place

Bibliographic Data

ID9724489
AuthorsGary S Becker (corresponding author)
Year1981
Volume48
Issue189
Pages1
Publication date1981-02-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2552939
OpenAlexW2007380343
LanguageEN
Citations received148
References cited5

Adam Smith argued in a famous passage that people are selfish in their market transactions: It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages (1937, p. 14). In an earlier study, he said with irony, We are not ready to suspect any person of being defective in (1853, p. 446). Selfishness in market transactions has been assumed in practically all subsequent discussions of the economic system. Objections were dismissed with vague allusions to human nature or with an assertion that altruism loses out to selfishness in the struggle to survive in the market sector. Yet altruism is generally recognized to be important within a family. Again, Adam Smith said

Adam smith · Altruism (biology) · Assertion · Criminology · Economics · Humanity · Law and economics · Neoclassical economics · Political science · Positive economics · Selfishness · Sociology · Suspect · American Constitutional Law and Politics · Economic Theory and Institutions · Historical Economic and Social Studies · Law · Psychology · Social Psychology

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Unique citing works148
Citations per year3,36
Citation span1982 - 2026 (45)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 133

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