Ethics

The International Union for Conservation of Nature has declared that the Western Black Rhino is now extinct. A case study published by the Property and Environment Research Center shows that strong protection of property rights and freedom to trade white rhinos in South Africa—in addition to other conservation efforts—have saved white rhino populations from extinction there: Saving […]

How should we think about the textile factory collapse in Rana Plaza, Bangladesh last month that killed 1,100 garment workers and the fire in Tazreen, Bangladesh that killed 112 last November? According to the Economist When visible cracks appeared in the building on April 23rd, both the police and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), […]

Recent revelations that the three players of Rajasthan Royals, a franchisee of the IPL, colluded with bookies for spot-fixing in return for huge sums of money, has caused some to advocate for a separate law to make match-fixing a criminal offence. I am not an expert on law and am not completely sure what the […]

Many look upon Margaret Thatcher as a villain for shutting down or privatizing state-subsidized industries. By ending subsidies to uneconomical industries like coal mining and ship building in England, she caused many to lose their jobs and have to find new employment.  This was not only a process of extreme discomfort for these poor souls, it destroyed […]

I take much pleasure in announcing that Ujwal Batra, a recent graduate of our ìpolicy course in liberal philosophy and public policy and one of our past Researching Reality Winterns, has won an essay competition on the morality of capitalism organized by TFAS International. The assignment was to answer the following: Is there such a […]

Anil Padmanabhan advocates a mix of a market economy and one based on command and control in Mint.  However, neither Anil nor Michael Sandel, whose Atlantic article Anil refers to, addresses the positive case, the moral foundations of free market capitalism. The positive moral foundations of free market capitalism is the principle of self-ownership, that no […]

Today we bring you a very interesting talk comparing and contrasting  Adam Smith’s “Wealth of Nations” and “Theory of Moral Sentiments” from econtalk. Click here for the audio.   Description of the Talk “James Otteson of Yeshiva University talks with EconTalk host Russ Roberts about Adam Smith. The conversation begins with a brief sketch of David […]

By: Udita Singh (CCS Intern)   Danny Frederick in his paper, Defending Pornography, lists four arguments against pornography, namely, the deprave-and-corrupt argument, the harm-to-others argument, the harm-to-children argument, and the degrades-women argument. And then there is Mr. Jug Suraiya who says “Pornography is not a crime. But it could well be a sin, the sin […]

on 6 June 2011

Today is Adam Smith’s birthday. We leave you with a quote from Smith’s Theory of Moral Sentiments on Sympathy   “How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from […]

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on 5 June 2011

By: Bhuvana Anand (Director, CCS) & Vipin P. Veetil (Research Guide, CCS)   “I am one who is not subscribing to this view that our exports have reached a stage where we can do away with some of the incentives” said Anand Sharma, Minister of Commerce today, justifying an extension to the Duty Entitlement Pass […]

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