• Allgemein,  Geschichte,  Politik

    „Absolute Ethics“ and „Ethics of Responsibility“

    In the wake of the First World War and in the face of increasing ideological extremism, the German sociologist Max Weber postulated a difference between people that follow absolute ethics on the one side and people that take ethical responsibility for the consequences of their acts on the other side. The general argument, I believe, is following: There are members of society that see the responsibility of their acts with the principle that they follow. It is not personally their fault if their acts aiming for the realization of a certain principle cause consequences. I want to track that notion back to the contract-theory of Hobbes and Locke. Giving up…

  • Allgemein,  Politik

    Comparative Advantage and Externalities

    The best argument for free trade is probably Ricardo’s comparative advantage. The argument is as follows, that even countries that are less efficient at producing any good compared to a more developed country would be able to specialise in a given prduct that has the lowest opportunity cost to them and trade that good in an advantageous way. I personally feel that this argument should be disputed. The main reason is the trading of externalities. Specialised countries are more prone to import externalities. Many markets have natural entrance-barriers. Structural and institutional deficits arising from specialisation hinder real „creative destruction“. Argumentation for free trade follows a certain structure of argumentation: Comparative…