The essays in this book discuss human behavior and the institutions of capitalism. The essays are non-technical and are written so as to be accessible to students of all disciplines and to all other persons interested in capitalism and in economic behavior. They often present unconventional views of the topics they discuss. Those containing unconventional views discuss self-interested behavior, selfish gene theory, the meaning and social function of private ownership, the externality problem, the nature of the firm and the rise (...) of capitalism. The essays are not meant to be a textbook, but they offer a useful supplementary reading source for courses in business, economics and law that deal with human behavior in the marketplace and with capitalism, ownership, markets and firms. (shrink)

In three places Spinoza presents an argument from (a) determinism and (b) God’s “eternity” to (c) “actualism”, i.e., the doctrine that this is (in some sense) the only possible world. That he does so shows that he distinguishes (a) from (c), which he has been thought to conflate. On one reading of ‘eternal’, he is claiming that an infinite past entails no other world was a “real” possibility. As might be expected, the argument is a failure, but it may help (...) explain why Spinoza holds that there are no contingencies. (shrink)

Axiom 4 of the Ethics of Spinoza runs:The knowledge (cognitio) of an effect depends upon and involves the knowledge of the cause.Since this is in the ancestry of some of Spinoza’s most important and characteristic claims, a clarification of its meaning would be highly desirable (in the literature it is left unhelpfully vague.) I argue that A4 is a causal likeness principle, according to which causal relationships always feature a property which in some sense is “passed” from the cause to (...) the effect. This interpretation provides a key to understanding some darker passages. (shrink)

After pointing out a meaning difference between "that which is possible not to be at some time is not" and "that which is possible not to be exists for only a finite time", we consider the assumptions necessary in a Thomistic context to derive the conclusion that if everything is contingent then at one time nothing was in existence. The needed key is in limiting the amount of matter which has ever existed, or, since "matter" is not a count-noun, that (...) some 'basic' particulars are finite in number; i.e., particulars which must exist if any physical particulars are to exist. (Though it is not essential to the argument, it is convenient and probably not far off historically to regard "things which are possible not to be" as physical objects.) Given some other assumptions it is then shown the desired conclusion will follow in both a "Genesis" and a "Doomsday" version. We then try to match the argument developed with the Thomistic corpus. (shrink)