Tag Archive | Economy

The sunk cost fallacy and utility in religion.

Religious people are religious and some are extremely religious, to the point of dangerous fanaticism. They are religious because they have been convinced of the Utility of the religion. The concept of utility is one from economics; a subject that has taken my fancy of late. Religious people gain from religion something that satisfies a […]

Religion is the Impedement of Peace

Machiavelli promoted the practical implementation of policies for the purpose of achieving a practical and stable outcome. This is opposed to the prevailing wisdom of his time that rulers and politics should focus on moral and ideological precepts. He supposed that ideology is the root of all corruption and dysfunction and I suggest that it […]

Treacherous Greek Situation

The European Union needs to be careful in how it deals with Greece and its new government. Greece’s new government is known to be sympathetic to Putin and the Russian regime. Failure to resorb Greece to the European community by whatever means necessary could push the beleaguered country into the hands of the Russians who […]