Principle #5

Principle #5 - ALL ECONOMIC BEHAVIOR IS BASED ON ONE'S OWN SELF INTEREST (and it is not a sin).

This is explained best by Adam Smith. He said 'People are selfish by nature.' Therefore they will invest or spend money that will suit their own personal needs, not someone in the next county or state. Smith talks about this "Invisible Hand", where you best take care of others by taking care of yourself, as a positive influence on the economy; because if you become economically strong, you could create jobs in your town.