...economist Adam Smith wrote that man's nature "interests] him in the fortunes of others, and render[s] their happiness necessary to him, though he derive[s]...nothing from it except the pleasure of seeing it." In 1980, the top marginal tax rate was 70 percent. That means that every dollar at the margin that...

...principles ... which interest him in the fortune of others, and render their happiness necessary for him, though he derives nothing from it except the pleasure of seeing it.'59 Whereas for Hobbes the predominant natural law was the right of each of us to preserve and improve...

...— a moral capacity to feel with "exquisite sensibility" — balances the excesses of self-interest: How selfish soever man may be supposed, there are...it. Of this kind is pity or compassion, the emotion which we feel for the misery of others, when we either see it, or are made to conceive it in a very...

...in 1 759, in which he laid the foundation for the theory that we have an innate sense of morality: "How selfish soever man may be supposed, there are...it. Of this kind is pity or compassion, the emotion which we feel for the misery of others, when we either see it, or are made to conceive it in a very...

...aroused our moral sentiments. Smith began his Theory of Moral Sentiments (1759) with the proposition that "how selfish soever man may be supposed, there are...nothing from it except the pleasure of seeing it" (9). The moral philosopher David Hume argued that it was emotion not reason that made us act in benevolent...

...social dimensions of his thought. The opening sentence in Theory of Moral Sentiments makes this clear: "How selfish soever man may be supposed, there are...nothing from it except the pleasure of seeing it." He also wrote that man "has a natural love for society," that nature "formed man for society," and...

...Adam Smith, The Theory of Moral Sentiments (Oxford: Clarendon Press, 1976 [1759, 1790]), which begins: "How selfish soever man may be supposed, there are...nothing from it except the pleasure of seeing it" (p. 9). The Smith who placed such emphasis on fellow-feeling is obviously not the flinty Smith beloved...

...motivation for certain behaviour, influencing actors' utility function.103 As already Adam Smith pointed out "how selfish soever man may be supposed, there are...derives nothing from it except the pleasure of seeing it".1 That trust and altruism are more realistic behavioural assumptions than opportunism has been...

...expression of such a sentiment can be found in Smith's Theory of Moral Sentiments^ where he writes: 'How selfish soever man may be supposed, there are...derives nothing from it except the pleasure of seeing it.'31 As economists, we wonder if the pleasure coming from the observation of someone else's pleasure...

...the sophistication of his conceptualization of sympathy's role in the formation of human societies: "How selfish soever man may be supposed, there are...derives nothing from it except the pleasure of seeing it."16 Unlike his mentor Hutcheson, Smith does not deny that Hobbes and Mandeville may be correct to...