Entries from July 2008

July 31, 2008

Keep your beta off my body

Drudge picked this up from Financial Times a couple days ago. He called it “The Jobs Question” but the title of the article is Do investors have the right to know about a CEO’s illness? It presents three ethical questions: “To what extent should any chief executive feel obliged to divulge health details to investors? [...]

July 26, 2008

Tough times, tough choices

Today’s news of two more Western regional bank failures (1st National Bank of Nevada and First Heritage) is a harsh reminder that we are in peculiar economic times. As Flexo over at Consumerism Commentary explains, there is no need for most of us to be worried about our own money in an FDIC insured [...]

July 25, 2008

Ethics 101

How do YOU make decisions?
Right now, the United States economy is moving in directions that force people to make unpleasant choices about money, many of them choices with ethical implications.  We at Ethical Finance are going to look at the choices many people are facing, and at methods for coming to ethically-grounded decisions.
“Ethics” is the [...]

July 22, 2008

Same as it ever was

Is it ironic to start a personal finance blog as the US tips into recession?
An appropriate time to think about our finances and financial ethics is now, as one or both may face serious tests in the near future. As we muse on the subject, it’s always helpful to keep context in mind. For [...]

July 21, 2008

Living Values

Philip Brewer of Wise Bread posted an essay earlier this month about making deliberate choices in life, called “What I’ve been trying to say.” He discusses five tactics for living his version of the good life:
1. Live intentionally
2. Raise some capital
3. Find your true calling
4. Do for yourself and
5. Value Community and Experiences over [...]

July 20, 2008

Guilty as Charged

The New York Times today has an article on the causes and effects of the growth in American consumer debt.
It’s a long, juicy piece with many points to make, but one quotation in particular snagged my attention: “One of the tricks in the credit card business is that people have an inherent guilt with [...]

July 16, 2008

My budget, myself

With all the talk about “family values” and “Judeo-Christian values” it might be worth while to take a moment to ask: what are my values?
How can we get a picture of our values? Try taking a look at your checkbook and your credit card statement. “Values” are principles for which we are willing [...]