Rationality and Preferences
Exploring the definition of rationality, the discussion highlights the subjective nature of desires and how individuals maximize their well-being based on what is feasible. The idea of changing one's preferences is presented as a complex challenge, with personal anecdotes illustrating the struggle to shift ingrained habits. The conversation also touches on the absurdity of taking preferences as fixed when it comes to self-reflection and personal growth.In this clip
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EconTalk
Michael Munger on Desires, Morality, and Self-Interest
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