Privacy Is The Right To Be Mysterious. Democracy Depends On It

 

At the heart of liberalism is the idea of personal sovereignty. There is some domain of thought and feeling that is essentially private, for which we are not answerable to others because it is no one else’s proper business. Privacy is the meta-right that guarantees this right to think our way to our own decisions in our life, whether that be how to follow our god, or what to make of our sexual inclinations, or how to grieve for someone we have lost. It prevents others demanding justifications for our every thought and feeling by veiling them from their view. It is the right to be mysterious to others.

Saving The Planet: Why Cap-and-Trade Is Not Fit For Purpose

Guest post by Tadhg Ó Laoghaire 

"It's not easy being green"

                                                                       -Kermit the Frog

A consensus is finally shaping up among international policy-makers. Market-based emissions trading has become the modern world's primary pollution control mechanism, forming a key part of various national and international bodies' commitment to climate change mitigation. The largest such market is the European Union's Emissions Trading System, which accounts for over 90% of the world's carbon market volume, but market trading systems are also a key part of the Kyoto protocol under the Clean Development Mechanism, and looks set to be adopted in China in the near future. Unfortunately cap-and-trade emissions systems are structurally incapable of delivering us from climate change.

Advertisers Should Pay You

Source

Advertising is a natural resource extraction industry, like a fishery. Its business is the harvest and sale of human attention. We are the fish and we are not consulted.

Two problems result from this. The solution to both requires legal recognition of the property rights of human beings over our attention.

First, advertising imposes costs on individuals without permission or compensation. It extracts our precious attention and emits toxic byproducts, such as the sale of our personal information to dodgy third parties.

Second, you may have noticed that the world's fisheries are not in great shape. They are a standard example for explaining the theoretical concept of a tragedy of the commons, where rational maximising behaviour by individual harvesters leads to the unsustainable overexploitation of a resource. Expensively trained human attention is the fuel of 21st century capitalism. We are allowing a single industry to slash and burn vast amounts of this productive resource in search of a quick buck.

The art of business and the science of economics

Business and economics are tied up together in lots of people's minds. After all, they're both about money, aren't they? An awful lot of people seem to believe that economics is Big Business and business is small economics. (Even the generally reliable Economist magazine seems to use this definition in deciding what should go in its business or economics sections.) The failure to keep the two apart leads to some bizarre misconceptions in the popular understanding. For example the idea  that countries are businesses in competition with each other, or that business is about self-serving greed and economics is the soulless science of large scale greed. 

‘I bring good news about our bourgeois lives’: Why business is good for your soul

Deirdre McCloskey's Bourgeois Virtues: Ethics for an Age of Commerce is a bold attempt to rehabilitate the much maligned bourgeoisie as the focus of a positive inter-twining of capitalism and ethics. Who are the bourgeoisie? People with middle-class values, temperament, and position. People like us. McCloskey argues, building on her extensive reading in economics, history, philosophy, religion and ethics, that we should recognise and embrace our bourgeois identity. For it is an ethical way of life that is not only instrumentally successful (showing up in our ever increasing wealth and freedom), but intrinsically valuable (showing up in the meaningfulness and richness of our middle-class lives).

The philosopher Vs. management theory

Matthew Stewart has a PhD in philosophy but despite this managed to get, and keep, a job in management consultancy. His book The Management Myth provides an entertaining and insightful analysis of the theory, history, and practise of that mysterious but ubiquitous cult of the modern world:  "management".