What Are Some Examples of Rational Self-Interest?
Rational self-interest is when it makes sense for a person to focus on themselves and it can be seen most prominently in the market economy as self-interest is crucial in order to motivate economic activity. A person who practices rational self-interest in the marketplace will put their needs first and focus on personal gain, which will stimulate the economy as people choose to work and build new businesses in order to benefit themselves.
Another example of rational self-interest would be a young person going to school even though he or she does not wish to go to school. The young person may choose to go to school because he or she wishes to attend college or wishes to obtain a job with the GED (General Educational Development) credential he or she will earn from school.