Selfishness, Greed and Capitalism

Hobart Paper 177Selfishness, Greedand CapitalismChristopher SnowdonThis IEA publication deals head-on with a number of widely quotedmyths about the market economy. In the case of the philosophical myths,such as the idea that economists believe that everybody is greedy, theauthor, Christopher Snowdon, carefully and entertainingly unpicks themisguided ideas that have taken hold. The author then moves on andeffectively disposes of a number of economic myths using empiricalevidence that is often ignored by commentators.This book is essential reading for all who wish to separate fact from fictionwhen it comes to understanding economic reasoning and evidence.The Institute of Economic Affairs2 Lord North Street, WestminsterLondon SW1P 3LBTel: 020 7799 8900Fax: 020 7799 2137Email: iea@iea.org.ukInternet: iea.org.ukCover design: BRILLCover image: Shutterstock