Balancing Liberty and the Pursuit of Well-Being: What Can Be Done about the Free Market's Tendency to Exploit Human Weakness?
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- Synopsis
- According to behavioral scientist and physician Peter Ubel, we humans are not as rational as some libertarians would have us believe, and, therefore, the free market often puts us in a position to harm ourselves. To make matters worse, the free market often rewards those people who understand consumer behavior well enough to exploit our weaknesses. Because the free market fails to protect consumer interests, a good government should find appropriate ways to protect us from ourselves. But figuring out how to balance our desire for freedom with the pursuit of happiness is no easy task. This chapter is excerpted from "Free Market Madness: Why Human Nature Is at Odds with Economics--and Why It Matters."
- Copyright:
- 2009
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.