Lecture Ten

January 8th, 2012

Philosophy and Economics

A philosopher's Take on Economics

by John Tippett
“Since even quite common men have souls, no increase in material wealth will compensate them for arrangements which insult their self-respect and impair their freedom”—R.H. Tawney

What are the implications of the global financial crisis on current thinking and living? Have recent events been fair and just?

Despite what we see today, economics exists to allow people to live together in communities in which all members may enjoy prosperity, well-being, harmony, creativity, and the opportunity to take and develop responsibility. Life is meant for the well-being of all who are born onto this earth – not just for the few, not just for the privileged, not just for those who are lucky.

How may we live together in communities in prosperity, unfettered by the strictures of necessity? Have we been set free by the economic activity of the past 20 years?

Find out how to develop reason and reasonable behaviour and the granting of increasing respect and responsibility as they grow. Finally, practical tips are offered on dissolving harmful characteristics in their nature, why house rules are necessary and why we should treat our children as friends from the age of 16.

This talk explored how and why the rule of justice must prevail for prosperity and freedom to be experienced now in daily lives.

It is a talk as much about the liberating and dignifying effect upon human life of the rule of justice as it is about the shortfalls of modern-day economics.

About the Presenter

Dr John Tippett has lectured for over 30 years on economics domestically and internationally, in both the university environment and the public arena.

His formal training as an economist began at the University of Melbourne and continued at Monash University. He holds a PhD in economics. He recently published a book entitled A Philosopher's Take on Economics.

An upbringing on a family farm in north-western Victoria and early studies in agricultural science had a large influence in forming in him values of self-reliance, responsibility and practicality, all of which interpenetrate his thought and writing on economics; and his 30-plus years of active membership of the School of Philosophy in Melbourne has been an even greater influence in this regard. He is the founder and leader of the Geelong branch of the School of Philosophy, which commenced in 1996.

He lives in Geelong with his wife Jenifer.

John Tippett John Tippett

Dr John Tippett