Neo-classical theory underestimates altruism

“A study by the Common Cause Foundation, due to be published next month, reveals two transformative findings. The first is that a large majority of the 1,000 people they surveyed – 74% – identifies more strongly with unselfish values than with selfish values. This means that they are more interested in helpfulness, honesty, forgiveness and justice than in money, fame, status and power. The second is that a similar majority – 78% – believes others to be more selfish than they really are. In other words, we have made a terrible mistake about other people’s minds.” ~ George Monbiot…

via We’re Not as Selfish as Economists Think We Are. Here’s the Proof. | Evonomics — JoAnn Chateau

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