Objection: there’s no honesty amongst thieves What about an agreement made between two con artists to cheat some people If one of them changes his mind is he still morally obliged to keep the agreement What ought we make of honesty among thieves What if you have an immoral agreement to begin with ➔ next THURS, Feb 27] Adam Smith Capitalism Feb 20 An Inquiry into the Nature of Causes of the Wealth of Nations Decision Rule: Take those actions that maximize your utility, provided you remain within the rules of the game. Utility: something of value [eg, profits. → vague term as everyone values something different not always money • Maximize your utility maximize the organization’s utility as a whole (not your personal utility) The Game: the free market the marketplace exchange of goods/services]
