Oil Production and Social Contracts

Final-GraphCurrently oil producers face a problem that they would not have expected in years past, a glut of oil. While refiners and consumers are reaping the benefits of low oil prices do to a supply flood in the market, oil-producing countries are hurting. For the first time in years the price of a gallon of gasoline is down to below three dollars a gallon. For producers of oil this means lower revenue and some nations are trying to do something about it. The three philosophers who wrote about social contracts would have something to say about this.

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Football: Is It Worth The Risk?

Over 115,000 fans pack Michigan Stadium for a football game

Over 115,000 fans pack Michigan Stadium for a football game

Football is one of the most popular sports in the United States at all levels. NFL and NCAA teams pack massive stadiums week in and week out, while teenagers play for their school teams and in recreational leagues. In the 1950s and 1960s football quickly became a national phenomena and is arguable the most popular sport in the country today. NFL regular and post-season games consistently have the highest TV ratings of any sport.

However, over the past couple of years football has started to run into a major problem, which is the safety of its players. Concussions have recently become a major issue in many sports, but none more so then in football. It is estimated that there is about a 75% risk of concussions for males who play football, which is higher then any other major sport. It is also estimated that Continue reading

Men in a Girly Habitat

The story of Caster Semenya is quick to inspire debate about the view of female athletes in the sports industry. From the majority of blog posts incorporating this article, I have gathered that most writers have summarized her story with this thought: Why are people quick to question what makes Caster so dominating, acting as if she is not capable of being that good on her own? The world is almost expecting some secret advantage behind her repeated successes. Some of the same ideas have been mirrored in Lavaque-Manty’s “Being a Woman and Other Disabilities.” He explores gender roles and the inequality of such, particularly in the field of sports.

In regards to the commentary on these readings, I believe that the focus on women has been far too strong. In fact, it’s not just women who attempt to excel in areas that perhaps past, and unfortunately still current, societal views have been quick to question. Men also have disabilities too, and furthermore only examining the plight of one gender is doing the exact opposite of the intention of the articles, continuing the inequality. Continue reading

A Brief Discussion of Hobbes’s “Covenants” in Modern Economics

In Thomas Hobbes’s “Leviathan“, he discusses the concept of “State of Nature” and the important role of a “Leviathan” (Commonwealth) in a society. According to his argument, performing and keeping “Covenants” among men is paramount. Studying Hobbes reminds me of the market structures in Economics, and the nature of competitions in a market economy. After substituting “Companies” in an economy for “men” in a society,  I noticed Hobbes’s theory is no longer perfectly feasible in such a modern scenario. In fact, instead of “keeping Covenants”, the “Leviathans” in a market economy would more apt to break them.

In a modern Market Economy, does the "Leviathans" still act the same role? Are "Covenants" between companies, like those between "men", still encouraged to be kept by a commonwealth? (link)

In a modern Market Economy, does the “Leviathans” still act the same role? Are “Covenants” between companies, like those between “men”, still encouraged to be kept by a commonwealth? (link)

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