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WATKINS: The basic difference between our book and most political books is that ours is philosophic. We try to get underneath today’s superficial debates, and tackle the important issues that will determine the direction of this country.
The White House also pushed GM into closing down many dealerships as a way of cutting costs. Yet critics of Romney do not attack Obama for “downsizing.” There is a double standard deeper than politics at play here.
When we move beyond the economic details, the Greek bailout boils down to a question of moral principle: should the responsible be obligated to sacrifice their success to save the irresponsible from the consequences of their actions? Should one person’s debts outweigh another person’s savings?
Recently, Kansas has become a center of controversy between conservatives and liberals on the topic of health care regulation. The Kansas state legislature has passed strict regulations on doctors and clinics threatening to prevent them from providing services to patients, thereby severely limiting the freedom of patients to choose services available to them. One would […]
“Food aid policies are in desperate need of reform,” reads the subtitle to Harvard student Thomas Hwang’s recent article in The Harvard Crimson. Hwang makes the argument that the current system of food aid is actually detrimental to the poverty-stricken nations it aims to help, particularly because it helps brutal regimes to stay in power: […]
Are children naturally altruistic? A recent study seems to suggest so: “When infants 18 months old see an unrelated adult whose hands are full and who needs assistance opening a door or picking up a dropped clothespin, they will immediately help” Michael Tomasello writes in “Why We Cooperate,” a book published in October. Dr. Tomasello’s […]
Elliot Gerson, secretary of the Rhodes trust, points to an interesting trend: In the past thirty or so years, Rhodes Scholars have disproportionately chosen to go into Wall Street careers. He writes: “Only three American Rhodes scholars in the 1970s (out of 320) went directly into business from Oxford; by the late 1980s the number […]
Business schools fail their students by emphasizing altruism rather than the virtues of wealth-creation. With the global economy in tatters, trillions of dollars in wealth destroyed, once mighty corporations bankrupted, and levels of unemployment unseen in decades, much public opprobrium has been leveled at the financiers and corporate chieftains who allegedly made this happen. There […]
In his latest book, The Life You Can Save: Acting Now to End World Poverty, the philosopher Peter Singer claims that you are morally obligated to relieve poverty. Singer offers his readers the following “proof” demonstrating why everyone is immoral if they don’t sacrifice for others. “Premise #1: Suffering and death from lack of food, […]