One regularly reads or hears condemnations of the power of business corporations in the modern world. So let’s think about the nature of power. Witness Warren Buffett. Buffett is currently the sixth richest man in the world and head of the powerhouse Berkshire Hathaway corporation. I’m not a fan of his political or economic views, […]
Anecdote: Warren Buffett and the power of corporations Read More »
My short essay on “What Business Ethics Can Learn from Entrepreneurship” [pdf] was published in the Journal of Private Enterprise in 2009, just when entrepreneurism was beginning to get attention in the business ethics literature. The abstract: “Entrepreneurship is increasingly studied as a fundamental and foundational economic phenomenon. It has, however, received less attention as
“What Business Ethics Can Learn from Entrepreneurship” — text and audio versions Read More »
Reposting this question: In this post-colonial era, what explains the dramatically different levels of prosperity in nations after they become independent of their colonizing powers? Why, for example, has the prosperity of North America been consistently higher than that of Central and South America? Both are rich in natural resources, both involve nations started from scratch,
Empires of conquest and empires of commerce Read More »
David Hume topped this 2009 PhilPapers survey of most influential and admired philosophers (scroll down to bottom of the page to “Non-living philosophers most identified with”). Aristotle came in second and Kant third. I’ve been thinking much about Nietzsche and Heidegger recently: eleventh and eighteenth, respectively. Overall, the list was still dominated by thinkers in
David Hume’s current influence Read More »
An analogy of books to money. As an exercise of imagination, let us suppose that the following were a true description of our publishing industry: * Only the government may print books.* The government decides how many books may be in circulation at any given time.* The government determines the initial price at which books
Money and Books: monopoly and censorship analogy Read More »
Quotations on Nazi socialism and fascism. Excerpt from Nietzsche and the Nazis.
Appendix 2: Quotations on Nazi socialism and fascism [Nietzsche and the Nazis] Read More »
Reprising from my interview with economist David Henderson: I asked him how economics came to be called the “dismal science.” The source, he explained, was Thomas Carlyle, the nineteenth-century historian and essayist. The surprising reason for his coining the phrase? Carlyle was attacking free-market liberals for advocating the end of slavery. Free-market liberals argued that
The surprising origin of “the dismal science” [Slavery versus Free-market capitalism] Read More »
I’ve been reading Richard Seaford’s Money and the Early Greek Mind: Homer, Philosophy, Tragedy. Seaford’s theme: “the monetisation of the Greek polis in the sixth and fifth centuries BC contributed to a radical transformation in thought that is, in a sense, still with us. Academics—perhaps because they are more interested in texts than in money—have
Greek money and philosophy Read More »