Reading up on the crypto-FTX bankruptcy and scandal. Four items of interest: The New York Times after-the-fact: “How Sam Bankman-Fried’s Crypto Empire Collapsed.“ Before the scandal broke: “Stanford Law Profs’ Son Is A ‘Vegan Crypto Billionaire.’“ On of those Stanford law professors, Barbara Fried, wrote “Beyond Blame”, in which she argued that no one is […]
Should we blame FTX’s Sam Bankman-Fried for anything? Read More »
Join Mark Michael Lewis and philosophy Professor Stephen Hicks in a conversation about an honest approach to knowledge and understanding human thriving. In this episode: Why you should always take arguments at their best [10:15] The reason why many philosophers are ‘left’ [16:00] How Objectivism is an ‘outlier’ philosophy [19:00] 3rd-generation Postmodernism and the Weaponry
Every other year or so I post that the United States Postal Service government monopoly loses billions while private-sector FedEx and UPS were profitable. It’s a multi-decade trend now. FedEx and UPS versus USPS. * USPS Loses $15.9 Billion – But Bosses Get Hefty Compensation Raises. * FedEx Income Statement. * UPS International Profit Rebounds.
USPS still losing big money—2021 edition Read More »
Imagine a college dormitory, students away from home, and available alcohol. In any student population, some will drink too much. But most will do fine. Now suppose a Dean of Students who installs a bar in the dorm and subsidizes the price of booze, especially for favored students. Not surprisingly, the amount of student drunkenness
Drunk college kids, Wall Street, and the Federal Reserve Read More »
Suppose that you’re a single mother living in a rough part of the city. The father of your child is not around. You’d like to work, but it’s a challenge to fit that with your commitments as a mother. Yet you have ambition and energy — and an entrepreneurial idea: Other women in your area
A Poverty Trap — young, single mother version Read More »
Calls for “Government-Business cooperation” to run the economy should be seen as skeptically as calls for “Government-Sex Clinic cooperation” to run our bedroom lives. Related: “From the Office of the Reproducer-General.“
Government and Sex // Government and Business Read More »
Adolf Hitler joined the Nazi party after being inspired by Gottfried Feder’s 1919 speech about the new party’s ideals. An indication of those ideals is in Feder’s 1919 publication, Manifesto for the Abolition of Enslavement to Interest on Money. Here’s an excerpt from (Nazi sympathizer) Hadding Scott’s translation of Feder’s manifesto: “The abolition of enslavement
When Adolf joined the Party Read More »
First published in English : “Ayn Rand and Contemporary Business Ethics,” Journal of Accounting, Ethics, and Public Policy. Also at Social Science Research Network. Ayn Rand y la ética empresarial contemporánea Por Stephen R. C. Hicks, Ph.D. Introducción: los negocios y la sociedad libre, La literatura contemporánea: los negocios como amorales o inmorales, La ética
Ayn Rand y la ética empresarial contemporánea Read More »