In this third Socratic seminar on the Best Arguments against Free-market Capitalism, we take up three arguments: a) the paternalist argument that human beings are incapable of living freely, b) the collectivist argument that wealth is a social creation (at 11 minutes), and c) the religious argument that value is not of this world (at […]
Three more anti-free-market arguments (UFM seminar) Read More »
At Francisco Marroquín University, I led a series of seminars on the Best Arguments against Free-market Capitalism. The format is Socratic, with lively back-and-forth between me and an impressive group of UFM professors. In first session, we take up the argument that Free-market capitalism is dog-eat-dog. The video’s editor, Luis Barrueto, provides a useful thematic
“Capitalism is dog-eat-dog” — UFM seminar Read More »
More data showing that culture, not race, is crucial to educational performance: “Africans outperform African-Americans in Seattle schools: Even the children of destitute Somali refugees do better.” From the Seattle Times report: “African-American students whose primary language is English perform significantly worse in math and reading than black students who speak another language at home
Immigrant culture, race, and education Read More »
I am neither Catholic nor Protestant, so I do not have a dog in that fight but rather a cultural history question about the financially bankrupt PIGS or PIIGS countries in Europe. With the exception of Ireland, all are in southern Europe. Including Ireland, all of them are traditionally Catholic [except Greece, which is mostly
PIGS, Catholicism, and Protestantism Read More »
A Brief History of Philosophy Humor alert: Being a compilation of student research, gently edited by Stephen Hicks, Rockford University. Is philosophy a waist of time? Ethical debates have been around for a long time, but nobody seems to have any answers. Ethnics are very important. Basically, what you do with your life comes down
A Student History of Philosophy (updated) Read More »
Christopher Hitchens has died. Here is a brief profile at Vanity Fair. Here his is at his best in this rousing, witty, and impassioned defense of free speech:
Christopher Hitchens, 1949-2011 Read More »
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
Subprime mortgage crisis — history flowchart Read More »
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
Seminar: Philosophy and the Evolution of the Mixed Economy Read More »