chapter  8
32 Pages

RATIONALITY AND RESOURCES

People are rational. They have ends and make choices accordingly. Rules bound situations of choice by defining means and ends available to choosers. In the face of diverse ends, we order preferences, which requires us to compare possible states of affairs. There are three general possibilities yielding three generalized yet immediate ends common to humanity, or interests. With the help of several major writers, I identify these as standing, security, and wealth.