Unions are against globalization. To listen to them, unions are a force for good for all workers (rather than just the workers who pay the union its dues). But to watch them, you can see that they’re in favor of cartelization. They don’t mind other people competing against them, as long as those people . . . → Read More: Unions vs. Globalization
In my last post I expressed disappointment that the authors of an article about material prosperity and life satisfaction did not acknowledge the sense of achievement that many people obtain from their work.
How do I know that meaningful work contributes to life satisfaction? It would be easy enough to make a fairly long list of . . . → Read More: Does Meaningful Work Contribute to Life Satisfaction?
‘Contrary to both those who say money is not associated with happiness and those who say that it is extremely important, we found that money is much more related to some forms of well-being than it is to others. Income is most strongly associated with the life evaluation form of well-being, which is a . . . → Read More: Is Life Satisfaction Mainly About Comfort?
Steve Waldman has a very good post this week about the folly about the austerity vs non-austerity discussion which seems to be going the rounds at the moment. In fact, it you take a mental picture of the current financial market discourse most arguments can be bracketed along the two axes of austerity vs . . . → Read More: Other Alpha Sources for July 2, 2010
The transition from the Industrial Age to the Information Age is resulting in a sea change between protection and extortion. As the world gets increasingly complex the result is a diminishing ability to extort while at the same time tools of protection are getting cheaper and more powerful. The arbitrary walls are coming down.
. . . → Read More: Increasing Complexity And Violence
In a post a few months ago I discussed whether Ayn Rand actually viewed selfishness as a virtue. I suggested that in arguing that selfishness is a virtue she was adopting a peculiar view of selfishness because the heroes of her novels did not seem to me to be particularly selfish.
The point was . . . → Read More: How Far Can Ayn Rand’s Ethical Egoism be Defended?
John Stuart Mill assisted in the triumph of the idea of progress in the 19th Century but he also had concerns about the future that still seem relevant today. Richard Reeves comments: ‘Mill was not a knee-jerk critic of what Ruskin dismissed as the “steam whistle society”, but nor was he a blind advocate . . . → Read More: Are J. S. Mill’s Views About Progress Still Relevant Today?
Over the past few days I have received insane Facebook status updates from a close friend. The stream that followed has left me with profound respect and caused me to reflect on some lessons that can be learned.
14 January 2009 9:54 a.m. I am packing for Haiti… so many things bring to help. . . . → Read More: The Veneer Of Order
Gary Becker (link) and Richard Posner (link) discuss the economic perspective in the empowerment of women and the weigh costs and benefits of public policy aimed at the empowerment of women.