Self-interest
I found an amusing story, which I am stealing shamelessly from Jay Nordlinger's column at National Review : He’s on MacNeil-Lehrer (I believe) with some woman from the education establishment (what Bill Bennett used to call “the Blob”). Gramm says, “My educational policies are based on the fact that I care more about my children than you do.” The woman says, “No, you don’t.” Gramm says, “Okay: What are their names?” This pretty much sums up my philosophy of government (and also of history): people are self-interested. If you are a cynic, you might say they are selfish. If you are a Christian (which I am), you might say that man is fallen and inherently sinful. However you express it, the point is the same: people are going to do what is best for them. If you establish any social institutions on the expectation that people are going to be altruistic, you are heading for disaster. Moreover, as the Gramm interview implies, self-interest is not necessarily a bad thing. Not only...