@article{Nelson:179089,
      recid = {179089},
      author = {Nelson, Julie A.},
      title = {Does Profit-Seeking Rule Out Love? Evidence (or Not) from  Economics and Law},
      address = {2010-09},
      number = {1434-2016-118834},
      series = {GDAE Working Papers Series},
      year = {2010},
      abstract = {Many believe that firms are driven to maximize profits,  and therefore are not allowed to take actions that would  benefit their workers, communities, or the environment if  these actions would reduce profits even slightly. This  essay shows that this belief is supported neither by sound  economic evidence and arguments, nor by United States  statutory and case law. The roots of this belief are,  instead, to be found in a centuries-old desire of  economists to make our discipline look like Newtonian  physics. Among scholars of law, both misinformation and the  use of University of Chicago-style economics have  contributed to the belief's popularity. Among scholars and  the public alike, the dualistic "love or money" view is  appealing because of its simplicity and congruence with  cultural gender norms. Reexamining the evidence, rather  than adhering to common ideologies, this essay offers an  unconventional analysis of corporate behavior and  commodification.},
      url = {http://ageconsearch.umn.edu/record/179089},
      doi = {https://doi.org/10.22004/ag.econ.179089},
}