Tag: economics
“Something like happiness, it sound frivolous, but it’s not frivolous. The purpose of society is to create a better quality of life for all the people. It’s not to create the highest amount of aggregate wealth,” says international business consultant and author David Rothkopf. More
“It’s impossible not to ration, it’s irrational not to ration, and it’s unethical not to ration” medical care at the end of life, says this professor of ethics at Harvard Medical School and director of the Harvard University Program in Ethics and Health. More
“The people who are paying the costs, military families, veterans, civilians in Iraq, Afghanistan, and Pakistan—those people deserve to have their story told,” says Professor Catherine Lutz of Brown University. More
“It’s a matter of sharing the burdens of a free society and a good society. That’s, morally speaking, what taxes are about,” according to political philosopher and Harvard government professor Michael Sandel. More
Expensive cancer-fighting drugs are sparking ethical debate about the tremendous costs and small benefits of some new treatments. More
Why are vulnerable borrowers being harmed rather than helped by microcredit companies? Misgivings are spreading about what was once seen as a powerful weapon in the battle against poverty. More
The cash for trash bailout currently making its way through Congress will hopefully prevent the U.S. economy from suffocating. We’re all cooked if the banks cannot find a way to lend money to good enterprises. The financial crisis and bailout … More
Some devout Muslims believe the Koran forbids them from paying any interest. So when preparing to make a large purchase such as a house, they seek out not a lender, but a partner. Although not common, some financial institutions exist that allow customers to finance purchases in a way compliant with shariah law. More