Psychological egoism is a descriptive type of egoism that states that a person’s main goal in life is to maximize his or her own welfare, not the welfare of others (Shaver 2010). This type of egoism does permit performing acts that do not attribute to personal welfare, but it does not approve of selfless acts motivated by a sense of duty to another person. However, actions in the interest of another’s welfare may still be psychologically egotistic if the corresponding action results in one’s personal welfare (Shaver 2010). For example helping an old woman cross the street because you know she will give you money is an acceptable act according to egoism because, although it benefits the woman, it also invokes a reward attributing to the doers personal welfare. This viewpoint is based on the egotistical oxymoronic idea that altruism is really a self motivated attribute, meaning that, according to egoism, people only act unselfishly in order to make themselves appear honorable when in reality this makes their actions unrighteous, self motivated, and therefore, egotistical (Nickels 2006). Reverting back to the example about helping an old woman cross the street, someone watching from a distance may think that person is being altruistic and is a person of wonderful character, but in…