"A fool is someone who knows the price of everything and the value of nothing". Central banker Mark Carney has diagnosed a crisis in value(s). He doesn't just mean prices being misaligned with values as in frothy asset overvaluations. That's just a symptom of a deeper malaise. The central idea of his book, says the … Continue reading Banking on Values
Tag: Michael J. Sandel
COMMUNITARIANISM
"Communitarianism is a 20th Century political doctrine which emphasizes the interest of communities and societies over those of the individual. While not necessarily hostile to Liberalism or Social Democracy per se, it does oppose individualist doctrines like Libertarianism (which stresses human independence and the importance of individual self-reliance and liberty) and most aspects of modern … Continue reading COMMUNITARIANISM