History of Philosophy

Illinois’s business climate and migration

Let us dwell upon this year’s ranking of Illinois as among the worst states for business: 48th out of 50.[1] That is unchanged from last year. So people are leaving: “Illinois had the second-highest net domestic migration loss, sending 79,000 of its residents to other states. Illinois had ranked 49th in net domestic migration in […]

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“Egoism in Nietzsche and Rand” at JARS

My lengthy journal article entitled “Egoism in Nietzsche and Rand” [pdf] is now publicly available for free at the Journal of Ayn Rand Studies‘ site. The abstract: “Philosophers Friedrich Nietzsche and Ayn Rand are often identified as strong critics of altruism and arch advocates of egoism. In this essay, Stephen Hicks argues that Nietzsche and

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Profiles in Liberty: Douglas B. Rasmussen

In this extended interview, philosopher Douglas B. Rasmussen responds to a series of questions (listed below) about his life and work. Dr. Rasmussen is a professor of philosophy at St. John’s University in New York. In addition to the books discussed in the interview, he is the author of articles in American Philosophical Quarterly, The

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Subprime mortgage crisis — history flowchart

Here is a simplified flowchart, developed for my business ethics courses, reflecting my understanding of subprime mortgages’ contribution to the crisis. Let me emphasize that this is only about the subprime contribution of the overall crisis. Fannie Mae and Freddie Mac enabled much spillover into non-subprime mortgage sectors, government-set capital requirements and other regulations enabled

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Seminar: Philosophy and the Evolution of the Mixed Economy

One of my talks at Francisco Marroquín University was on making sense of our mixed economy–an unwieldy combination of market and socialist elements. The 28-minute talk integrates themes from my intellectual heroes–Smith, Mill, Mises, Hayek, Rand, Popper, Friedman, Buchanan, and Tullock–and connects market economics, politics, ethics, history, and public choice to explaining our semi-coherent mixed

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