Disqus - Latest Comments for Howard

Re: More On Incentives

Howard — Sun, 12 Nov 2006 20:13:42 -0000

Who says "Be good because it’s 'right' to be good"?

Who says what's "right"?

This post is a restatement of the ontological argument in favour of the existence of God, derived from the existence of Morality. [1]

You appear to have posited a tautology, the denial of which supports the existence of God.

[1] Well described in developed in C.S. Lewis' "Mere Christianity"
http://en.wikipedia.org/wiki/Mere_Christianity

Re: America’s Economic Catch 22

Howard — Tue, 25 Nov 2008 23:16:12 -0000

Even more important that producing more (i.e. working harder & smarter) and saving more (i.e. consuming less), is the need to restore trust.

There is so much bad debt on bank balance sheets that no one trusts one another anymore. Until that bad debt is identified and written off, or written down to level that can be serviced from ongoing documented income, there can be no resumption of trust.

Recognising that true level of bad debt will be be very painful indeed. Many banks will be insolvent after that restatement. But that pain must happen before we can start building up our trust in one another again.

Re: More On Incentives

Howard — Sun, 12 Nov 2006 20:13:42 -0000

Re: America’s Economic Catch 22

Howard — Tue, 25 Nov 2008 23:16:12 -0000

Even more important that producing more (i.e. working harder & smarter) and saving more (i.e. consuming less), is the need to restore trust.