There’s an important fight going on in the Federal Housing Finance Agency that you may not have heard about. Actually, you might not even have heard of the FHFA. They’re the guys who oversee Fannie Mae and Freddie Mac, the state-run mortgage buying businesses. Here’s the trouble–Fannie and Freddie possess a lot of mortgages for which the owners of these mortgages are “underwater”. Not that there’s been any flooding, of course.
Author: Benjamin Studebaker
Nanny State Ethics and NYC
Recently New York City mayor Michael Bloomberg has gotten into the business of regulating his citizens’ health choices. Two prominent recent examples come to mind:
- Restricting soft drink sizes to no more than 16 ounces
- Discouraging the use of baby formula in favour of breastfeeding
Today I would like to discuss whether or not such regulations or “nudge” policies are within the state’s ethical purview. First, let’s look at what sort of argument opponents of these policies have at their disposal:
Paul Ryan’s Magical Fantasy Budget
So Mitt Romney has chosen Paul Ryan to be his running mate in the US Presidential election. It is a very telling choice. As regular readers will know, Mitt Romney proposed a tax policy that was more or less mathematically impossible without inflicting severe tax penalties on the bottom 95% of tax payers. It just so happens that Paul Ryan is guilty of precisely the same magical thinking. Let’s explore.
The Romney Tax Plan and “Media Bias”
Increasingly, whenever anyone tries to talk about political or economic facts, no one listens, because it is assumed that all “facts” are really opinions and that the evidence in inconclusive, with an equal amount of distortion by all sides and parties involved. However, the result of this kind of thinking is that it becomes absolutely impossible to inform people, because any factual evidence that contradicts a person’s preferred position will be assumed away as “media bias”.
The Intellectual Poverty of the Nietzsche Hipster
I have been seeing a lot of casual quoting of Nietzsche lately, and I think I have discovered a new breed of amateur philosopher: the “Nietzsche Hipster”. The Nietzsche hipster loves quoting the German philosopher Friedrich Nietzsche, embracing Nietzsche for the very simple reason that Nietzsche is very different from most other philosophers, both in the content of his ideas and in the style in which he conveys them (he is famously polemical). These Nietzsche hipsters are no different form hipsters in the ordinary sense–they are drawn to Nietzsche not because he has something worthy to say, but because he is different, against the mainstream, and radical. Nietzsche declares that “God is dead” and “Plato is boring”. He declares modern ethics to be a “slave morality” that keeps people down, and makes war on metaphysics (the notion that there is a truth that can be known) as a branch of philosophy more broadly.
Continue reading “The Intellectual Poverty of the Nietzsche Hipster”
Benjamin Studebaker 