tag:blogger.com,1999:blog-5880610.post4184106632195204371..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: The Theory of Moral Sentiments: philosophy, psychology, and economicsSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5880610.post-18164815810637921822014-10-15T21:52:53.717-04:002014-10-15T21:52:53.717-04:00I too think people don't simply maximize consu...I too think people don't simply maximize consumption, but care deeply about being 'good' in the sense of benefiting some group (eg, co-ethnics, a religion), that is also perceived as good: it's tactics mated with strategy. Yet, those higher desires become irrelevant at the tactical level; when making a demand curve, it's kind of irrelevant, because regardless of your higher efalkennoreply@blogger.com