19050
By Science News
This article indicates that the researchers were surprised that the participants from “traditional societies” acted in some mode rather than pure self-interest. This isn’t surprising if you accept the notion that true self-interest is that which gives the most overall personal benefit both now and in the foreseeable future. All of the participants acted exactly as you would expect, based on their individual cultures. What is a mystery is that the researchers’ idea of “traditional economic theory” totally ignores Adam Smith, who maintained that in free competitive markets the best result comes from each individual in the group doing what is best for himself. There is nothing “provocative or interesting” about this research except that it further confirms traditional free market economic theory.
Jim Gesick
Montrose, Colo.
Jim Adams
Louisa, Va.
Todd Campbell
Belton, Texas