Challenges of No Objective Code of Values

“Bring your desires down to your present means.  Increase them only when your increased means permit.”  Aristotle

I read Mario Rizzo‘s comments today and found them to be a wonderful follow up (or introduction) to David Stockman‘s interview I saw yesterday.  Stockman states our governments may not be able to lower taxes due to the number of obligations promised.

Dr. Rizzo writes about why we may never have honorable discussions on how to address the challenges of those promises.  He states, “……The “unreasonableness” of the discussion stems from the fact that there is no underlying objective code of values…”

Sadly, I have to agree with his conclusions.  I do think we may be able to find objective values, though.  Ayn Rand wrote quite a bit on this subject.  Getting individuals to agree on those values is the challenge.

Mario Rizzo post

http://thinkmarkets.wordpress.com/2011/01/12/sowing-and-reaping-the-true-sickness-of-society/

Dick Stockman interview

https://hessenflow.wordpress.com/2011/01/11/reason-tv-dick-stockman-interview/

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About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
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