6
Chapter Six
SHORT ANSWER
self-interested
action can advance societal interests, as though the market is guided by an invisible hand.
2. __________ are the effects of a production process on the well-being of outside
parties who did not agree to the transaction.
4. A __________ pro
action in the future, although that player will individually gain the most by not doing so.
ESSAY
discuss how greed can benefit
society.
theory is sound? Why or why not?
3. Select one of the reasons why the empirical premise on greed can be proved false and
explain its application.
4. Construct an argument in support of or in opposition to additional government
regulation as a solution for greed.
5. Report on the ways in which the moral premise on greed can be proved false.