Word: self-interest
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...Happy Days Are Here Again, and many delegates sank into a liberal nostalgia, dreaming of a redistributed American pie. Clinton Reilly, a moderate Democrat and political consultant, listened to the rhetoric and shook his head. "One reason for Reagan's success," he said, "is that he appealed to the self-interest of the middle class. If Democrats don't learn to make the same appeal, if they only talk about the needs of the poor and don't include the middle class, they're going to lose again...
Theorists of international cooperation point out that warm relations and trust are not necessary for cooperation. Competition does not prevent cooperation, nor is a central authority necessary. What is needed is a more sophisticated and long-range perception of self-interest, an ability to learn from experience and the realization that a relationship will continue over time. When games of "Prisoner's Dilemma" are played over long periods, a strategy of reciprocity proves to be most effective. On such realist premises, it is quite possible to expect a gradual evolution of American-Soviet cooperation...
...view from the five buildings that Trump owns overlooking the park. He has also earned the gratitude of city officials who must approve his future projects, including an $8 billion to $10 billion complex on Manhattan's West Side. No one, however, can accuse him of acting out of self-interest in at least one sense: Donald Trump does not know how to skate...
...moral of this play is not too hard to discern. When things are tough, a unified front maintains us. When things are easy, self-interest consumes us until we have too many love affairs or build too many nuclear weapons, and things get tough again. The second-act party turns into the Great Deluge and by the time we're in the third act, war has left the Antrobus home a fortified fallout shelter...
Economists have traditionally shied away from theorizing about the public arena, ceding the terrain to political scientists. But not James McGill , Buchanan. He reasons that politicians and public servants act primarily to promote their own self-interest, not to serve some higher public good. They behave, he declares, much like consumers in a marketplace. For work stemming from that basic theory of political economy, Buchanan, 67, last week won the 1986 Nobel Prize for Economic Science. The Tennessee-born professor at George Mason University in Fairfax, Va., is the 14th American to win the economics award since it was first...