The API Blog expanded and improved! The API Blog is now available to all interested parties to post original material and comments. Those who already have accounts can continue to access the blog as usual. All other submissions and comments to:  APIBlogmaster@gmail.com

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VISION: about discourse on matters of public interest based on sound philosophical   methods and analysis

MISSION: to promote and sustain philosophical research and improve our quality of life by offering platforms for informed discussion, and provide leadership and excellence in philosophical discourse for our communities, associates, members, and partners.

CORE VALUES: of knowledge, collaboration, respect, dignity and compassion

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French Lyrics to Leonard Cohen’s ‘Bird on the Wire’ (translated by Serge Lama):

Paroles : Vivre tout seul / Bird on the wire 

Je veux vivre 
Tout seul 
Libre comme 
Un oiseau sur son fil 
Sans famille 
Sans femme 
Et sans amis 

Je veux vivre 
Tout seul 
Rien que moi 
De face et de profil 
Sans visa 
Sans papiers 
Et sans pays 

J'en ai marre 
De toujours faire le beau 
De sourire 
Quand j'ai mal dans mon coeur 
J'en ai marre 
Je veux monter plus haut 

Debt by David Barrows

Introduction

Personal and public debts are contentious issues. Emotions with respect to debt can be very strong. There may, as well, be religious connotation. What are the emotional issues of having a debt obligation? Have we borrowed for consumption or for purposes of productive investment? The emotional issues complicate the scientific exploration of appropriate levels of private and public debt obligations.

Ronen Grunberg on Epicureanism (by John Smithin)

Hello. My name is John Smithin and I am the Executive Co-Director and a Fellow at the Aurora Philosophy Institute (API) here in Aurora, Ontario. On 10.04.2021 our friend and colleague Ronen Grunberg gave a very interesting talk to the API on ‘Epicureanism’. Several of our members who are philosophy majors remarked that this is a topic that is rarely, if ever, covered in university courses in philosophy. Listening to Ronen, I am convinced that it should be.

A New Way to Think About Capital by leonidas Zelmanovitz Editors Note: The following essay presents part of the basic argument from the author’s new book, The Representational Theory of Capital.

Arguably, there is no concept more difficult to understand in economics than that of capital. However, capital is central to economic reasoning, so we must understand it rightly. In order to use this concept, economists tend to identify capital either as “goods” or “funds.” The conception of capital as “goods” considers capital as a collection of heterogeneous things that enhance the productivity of human labor—anything from an ax to a web browser could qualify.

The World of Money and Finance after Covid -19- A Layman’s View By Wilbur Fletcher

General Statement

The Covid-19 pandemic crept upon the world of finance and money earlier this year like the proverbial thief in the night.

In order to keep their economies going and limit severe disruptions, governments in the major western countries have had to take actions which would most probably be strongly resisted in normal times.