Ethics 201- Thursday January 24,2002 Psychological egoism(descriptive theory)vs. Ethical egoism(prescriptive or moral-how you should act)
Ethical egoism-
you are morally obligated to maximize for your self-interest.
helping others when you get no benefit(or you didn't maximize your self-interest in doing so)-wrong,stupid,irrational.
Opposite of egoism-
Ethical alturism-
it's sometimes necessary to do things for others when it's not in your best interest.

Board example=Gypes' ring

Arguements for ethical egoism-
1.It maximizes social utility(advances the interests of society)