Klein reframes Smithian virtue not as whether one acts in self-interest but as what one makes one's self-interest: beneficence and virtue reside in constructing a utility function—a character and identity—from which one derives pleasure in doing the right thing, and this constructed self-interest is itself subject to ongoing recursive judgment that pushes the moral circle ever wider (from self to family to community).
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Speaker
Dan KleinEvidence Quote
“virtue resides in what one makes their self-interest.”
Source
Dan Klein on The Theory of Moral Sentiments, Episode 4--A Discussion of Part III 04/29/2009— EconTalkCreated: 6/15/2026, 9:36:51 AM
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