Mining News: Self-interest can serve public interest

Economics 101: Opposition to Pebble Project reflects irrational position of activists who are dedicated to destructive objectives It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. — Adam Smith, 1776

J. P. Tangen

For Mining News

When it comes to comprehending social forces that frame our society, it sometimes occurs that good people take irrational positions for strange reasons, despite unequivocal evidence that it is contrary to their own best interests. This irony contributes to the difficulty in understanding why so-call....