According to Amartya Sen, one of the reasons we should not over employee Adam Smith’s emphasis on self-interest in the Butcher-Brewer-Baker simplicity, is Adam Smith’s appointment as the Professor of Moral Philosophy at the University of Glasgow.
Explanation:-Adam Smith was a father of classical economics. and he wrote a book “Wealth of Nation”. In his book explain this concept.
According to him, self-interest is very important in motivation exchange and also helpful for a successful business. But in real-life economics is concerned about production and distribution, not only by self-interest.