Join us in Auerbach 320 or online this Wednesday, Sept. 4, from 1 p.m. to 2 p.m., for our next meeting of the University of Hartford Philosophy Club as Brian Skelly presents for discussion "The Principle of Sound Investment and How it Applies to Public and Private Sectors."
Most of us understand why you can’t just sit on money—you have to invest it; do something with it. This is not just for the sake of one’s individual prosperity, but for the sake of social prosperity as well. In fact, in all of our investing of wealth, time, and effort, we cannot afford to lose sight of this dual teleology. For example, there would be no good reason to have a stock market unless it were a boon to society as a whole and not just to individuals. Even more to the point, it is not really for the sake of individual prosperity per se that we have stock markets, but for the sake of permitting our economy to develop on a wider base of ownership. Individual investment in the stock market does the work of sharing or spreading out, and to an extent even dissipating, the risk of failure and providing a more stable basis for growth. If you invested and you lost, you still did that work, so all was not for naught. At any rate, for this transcendent purpose to be achieved, the investment game must keep the odds in favor of the individual investor, and usually does (see attached for complete document).
To join meeting online, click here.
Questions? Contact Brian Skelly at bskelly@hartford.edu or 413.273.2273.
An ongoing weekly tradition at the University since 2001, the University of Hartford Philosophy Club is a place where students, professors, and people from the community at large meet as peers. Sometimes presentations are given, followed by discussion. Other times, topics are hashed out by the whole group.
Presenters may be students, professors, or people from the community. Anyone can offer to present a topic. The mode of presentation may be as formal or informal as the presenter chooses.
Come live or join online! Invite friends. Suggest topics and activities. Take over the club! It belongs to you!