Literature

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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Three new novelists

Over the spring and summer I read three enjoyable books, all by first-time authors of fiction. Looking forward to more from them. Pietros Maneos, The Italian Pleasures of Gabriele Paterkallos. A lushly Romantic series of letters by young American poet on an odyssey to Rome — both contemporary Rome and the idealized and historical city

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Carlin Romano’s America the Philosophical

Over the years I’ve enjoyed and learned from many of Carlin Romano’s articles in The Chronicle of Higher Education. He can do good philosophical reporting. So I picked up America the Philosophical, and I was disappointed. Romano’s thesis is that the United States is a nation of vigorous philosophical activity and — contrary to the

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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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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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