Analogies clarify by making comparisons. To work well, they transfer the same structure to a more familiar domain. Often, to make general and abstract claims more easily grasped, they use particular and concrete examples. So here’s a breakdown of my PPP/WalMart analogy previously posted. What one needs to ask in evaluating this analogy is: Are […]
Analogies: A Primer for the PPP and RRR Debate Read More »
Suppose Congress has passed and the President signed the Retail Redistribution Ruling (RRR). The RRR’s terms are that all WalMart stores are now nationalized, and for one day every WalMart store will be open to the public for citizens to take something they want. You receive in the mail a ticket entitling you to enter
On looting WalMart as moral under the RRR Read More »
I’m happy to announce a new audio edition of my “Ayn Rand and Business Ethics” has been published at Audible. Thanks to the team at The Atlas Society for producing it. The essay was originally published in The Journal of Accounting, Ethics & Public Policy and has since been translated into Korean, German, Serbo-Croatian, and
Audiobook: *Ayn Rand and Contemporary Business Ethics* published Read More »
Here’s a conversation I’ve had many times over the years with colleagues in business ethics and related fields. I’m at, say, a conference and someone will profess disgust at something a large corporation has done: Colleague: Look at this bad thing that Microsoft/ Walmart/Facebook/Amazon did. Corporations have way too much power in this country. Me:
Get rid of real monopolies? Ummmm …. Read More »
[A translation by Matheus Pacini and Vinicius Cintra into Portuguese of my “Who Is Really Serious About Monopolies?”] Levante o tópico dos monopólios, e a discussão resultante rapidamente evidenciará deficiências ideológicas. Um colega com quem lecionei nas áreas de negócios e capitalismo enviou-me, de forma entusiasmada, esse artigo escrito por Paul Krugman, um economista vencedor
Quem trata seriamente dos monopólios? Read More »
Capitalism versus the Philosophers: An Interview with Stephen Hicks was published at The Foundation for Economic Education. Grégoire Canlorbe, a French intellectual entrepreneur residing in Paris conducted the interview. An excerpt follows. Grégoire Canlorbe: According to a popular opinion, left to its own devices, capitalism inevitably tends to a monopoly economy — an economy in
Does capitalism lead to a monopoly economy? Read More »
My essay [pdf] was first published in 2009 in Journal of Private Enterprise. Here is the 21-minute audio edition in MP3 format or at YouTube. It’s also available at Amazon, and in Serbo-Croatian, Spanish [PDF] and Portuguese translations: [PDF] or [HTML]. Related: All of my audio editions, including my Open College podcast series.
Audio edition of “What Business Ethics Can Learn from Entrepreneurship” Read More »
The chemical leak at Love Canal informs our environmental thinking — but was it a government failure or a greedy-corporation failure? Audio link: iTunes Stitcher YouTube Topics: Good and bad news about Love Canal // Historical information // Consequences and the rise of environmental philosophy // Important facts // Who are the bad guys? // Bad-Corporations/Good-Government narrative
Toxic Waste at Love Canal—Who Really Cares About the Environment [Open College series] Read More »