Word: self-interest
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Michael Jacobson, executive director of the Center for Science in the Public Interest in Washington, sees most of the meat and dairy lobby's arguments as desperate, disingenuous scare stories. "It unmasks the industry's self-interest," he says, "when it voices concern about B12 while hundreds of thousands of people are dying prematurely because of too much saturated fat from meat and dairy products." Indeed, according to David Pimentel, a Cornell ecologist, the average American consumes 112 grams of protein a day, twice the amount recommended by the National Academy of Sciences. "This has implications for cancer risks...
...source also said that Abernathy’s reasoning for encouraging Wetlaufer to be placed on a leave of absence was based on self-interest...
...Grubman rated the disastrous stock WorldCom a strong buy until mid-March, although it was down 88% from its June 1999 peak. Salomon--which has told Spitzer it did not save e-mails between analysts and bankers, as required by the SEC--says Grubman acted out of conviction, not self-interest...
...Blodget is “retired” from Merrill, which realized that his continued presence at the firm was an invitation to class action lawsuits. Blodget’s case illustrates the power of greed to erode the barriers of self-interest that are supposed to police capitalism. When bankers and research analysts work at the same firm, the fee-generating bankers put enormous pressure on the research analysts to issue favorable ratings. They know companies that receive less than stellar ratings from an analyst will not take their banking business to that analyst’s firm...
...resources. Is this conception of human nature and human happiness accurate? Does it accurately describe you or the people you know? Most empirical evidence and just plain common sense suggests that humans are not rational in this way, that many factors motivate us to do things aside from self-interest, and that there are other things to life besides satisfaction of our desires. Ultimately, belief in the individualism and materialism of Economic Man is a value orientation, a leap of faith...