Douglas Rasmussen: “Each man an end in himself, not only a means”

Professor Rasmussen giving his paper.

Professor Douglas Rasmussen of St. John’s University in New York gave a lecture at the House of National Culture Friday 26 October, on the occasion of the publication of Ayn Rand’s Atlas Shrugged in an Icelandic translation by Elin Gudmundsdottir. This publication was co-sponsored by RNH and AB Publishing Company. In his lecture, Rasmussen discussed the works and philosophy of Ayn Rand. According to him, Rand believed that the purpose of government was the protection of individual rights and that capitalism was neither amoral nor immoral, but a socio-economic order based on rights. She also strongly believed that each individual human being is an end in him- or herself, not a means to others, and that the aim of human life was human flourishing. In this way, Rand could be considered as a follower of Aristotle.  Rasmussen said that Rand was one of the most remarkable moral philosophers of the 20th Century, besides being a very popular novelist.

From Frettabladid 30 October 2012.

Mr. Asgeir Johannesson, chairman of the Icelandic Ayn Rand Association, introduced Professor Rasmussen and chaired the meeting. After the questions and answers, prominent Icelandic musicians gave a short concert, in the spirit of Ayn Rand, an ardent admirer of classical music. This was followed by a reception where Gisli Hauksson, chairman of the board of RNH, said a few final words. The lecture and the reception were well-attended, and a lot of copies of the Icelandic edition of Atlas Shrugged were sold. The website Andriki has published a blog on the book. The daily Frettabladid published 30 October 2012 a news item on the publication of Atlas Shrugged in Icelandic, also interviewing radio talk show Frosti Logason on Rand and her ideas. Vidskiptabladid, a business journal, published 3 November a news item on Rasmussen’s lecture. Morgunbladid published 13 November a review of Rand’s novel by journalist Helgi Vifill Juliusson. Rasmussen’s lecture can be watched here on Youtube, and Asgeir Johannesson’s opening remarks here.

From Morgunbladid 13 November 2012.

 

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Hannes H. Gissurarson: “Against Pigovian Taxes”

Professor Hannes H. Gissurarson gave a lecture at the University of Iceland 26 October 2012 on “What Political Economy Can Tell Us About Icelandic Money Smell”. This is the smell emitted by fish processing plants in fishing villages in Iceland. Professor Gissurarson contrasted the approaches of English economist A.C. Pigou and Nobel Laureate R.H. Coase to this and other problems of a similar kind, namely when the economic activity of one man created uncontracted costs or benefits for other people. Pigou wanted government to step in and solve the problem with some kinds of corrective taxes, whereas Coase held that often the problem was caused by high transaction costs which could be lowered by defining more clearly individual use or property rights. In the case of the Icelandic “Money Smell”, there were positive as well as negative effects of the economic activity in question, as the name suggests. However, recent developments seem to suggest the formation of some kinds of use rights to clean air.

Gissurarson Slides 26.10.2012

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Rasmussen on Ayn Rand, Friday 26 October: 5–6 pm

The next RNH event is a celebration of the publication of Ayn Rand’s influential and powerful novel, Atlas Shrugged, called “Undirstadan” in Icelandic. The book is published by Almenna bokafelagid, AB, and translated by Elin Gudmundsdottir, a professional translator. The question posed in the book is: What happens if all the creative people in a society go on strike? What is the difference between productive persons and political parasites? Who is John Galt? Rand’s novel is also a steaming love story, with Dagny Taggart, an independent and courageous railroad manageress, dealing with Francisco d’Anconia, her childhood friend and an Argentine copper mines heir, Hank Rearden, a married self-made steel magnate, and the mysterious John Galt, with a lot of other colourful characters participating in the slowly unfolding drama, such as the pirate Ragnar Danneskjold, the conscious counterpart to the mythical Robin Hood. Since its publication in 1957, Atlas Shrugged has sold in more than eight million copies around the world, and is still going strong, despite its extraordinary length: The Icelandic edition is 1146 pp.

American philosophy professor Douglas Rasmussen will give a lecture on Rand’s philosophy on the occasion of the publication, Friday 26 October 2012, at 5–6 pm in the Icelandic National House of Culture (Thjodmenningarhus) in Hverfisgata. Lawyer and philosopher Asgeir Johannesson, chairman of the Icelandic Ayn Rand society, will make a few remarks, and professional Icelandic musicians will play classical piano music of which Rand was very fond. Afterwards, 6–7 pm, a reception will be hosted on the premises by Almenna bokafelagid. Admission is free, and open to all. As Rand’s account of individuality, entrepreneurship and creativity is highly relevant to the choices the Icelanders face in the near future between different economic systems, Rasmussen’s lecture forms a part of the series of lectures on “Europe, Iceland and the Future of Capitalism” which RNH is organising jointly with AECR, the Alliance of European Conservatives and Reformists.

Douglas Rasmussen, born in 1948, graduated with a BA from University of Iowa and a Ph.D. from Marquette University. He currently teaches philosophy at St. John’s University in New York and is a Senior Scholar at Cato Institute in Washington DC. He has co-authored several books with Dr. Douglas Den Uyl and published papers in leading philosophy journals, including American Catholic Philosophical Quarterly, American Philosophical Quarterly, International Philosophical Quarterly, The New Scholasticism, The Personalist, Public Affairs Quarterly, Social Philosophy & Policy, The Review of Metaphysics and The Thomist. He was the co-editor, with Den Uyl, of The Philosophic Thought of Ayn Rand (1984).

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Jan Arild Snoen: “Try to Understand the Americans”

Jan Arild Snoen. Photo: Birgir Isl. Gunnarsson.

Norwegian journalist Jan Arild Snoen gave a talk about the bias against America in European media at a meeting organised by RNH and IABF — the Icelandic-American Business Forum — at the University of Iceland 15 October 2012. Snoen pointed out that surveys in Norway, Denmark and Sweden showed that people in the media were much to the left of the general public in those countries, and that the same doubtless applied in other European countries. Moreover, Europeans in general were much to the left of Americans in their view of the world. These two kinds of differences made European media susceptible to all kinds of strange, but unfounded, stories about America of which Snoen gave some examples. The lecture was well attended, and reported in two newspapers,  Morgunbladid and Vidskiptabladid, and in an online student journal. Mr. Snoen’s talk can be watched here.

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“Money Smell” in Iceland, Friday 26 October: 3–4.45 pm

Professor Hannes H. Gissurarson gives a lecture Friday 26 October 2012 on “What Political Economy Can Tell Us About Money Smell”. The lecture is a part of a programme, The Nation in a Mirror, organised by the School of Social Sciences at the University of Iceland, about research conducted at the School. Professor Gissurarson’s lecture is also a part of a research project he is leading on “Environmental Protection, Property Rights, and Natural Resources”. He will analyse the so-called “money smell”, the very strong smell from Icelandic fish processing plants in small fishing villages in the past, called money smell because the plants provided much-coveted jobs; going on to discuss the broader relevance of two different approaches to environmental problems, those of Arthur C. Pigou and Ronald N. Coase.

The lecture is in a seminar in Room HT-300, 15–16.45, with Dr. Sveinn Agnarsson, Director of the Economic Research Institute at the University of Iceland, in the chair. While the seminar is held by the School of Social Sciences, Gissurarson’s lecture forms a part of the project “Europe, Iceland and the Future of Capitalism”, jointly organised by RNH and AECR, the Alliance of European Conservatives and Reformists.

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The Media Bias Against the US, Monday 15 October: 12–13

The next event planned by RNH is a talk by Norwegian journalist Jan Arild Snoen Monday 15 October on the European Media Bias Against the US, in meeting room O-201 in Oddi, the Social Science House, at the University of Iceland, at lunchtime, 12–13. Snoen argues that much of the coverage of Americans and their culture in European media betrays ignorance and a lack of understanding and sympathy with the subject matter. This event is co-sponsored by the IABF, the Icelandic-American Business Forum. The chairman of the Forum, financial analyst Jeffrey B. Sussman, will chair the meeting.

Jan Arild Snoen, born in 1964, works for the liberal-conservative Internet journal Minerva and has published an unauthorised biography of right-wing populist politician Carl Hagen, and a defense of globalisation. He is vice-chairman of the Monticello Society which seeks to improve relations between Norway and the United States. His wife, Ellen Christiansen, has been a member of parliament for the Conservative Party. Snoen’s lecture is a part of the project “Europe, Iceland and the Future of Capitalism”, jointly organised by RNH and AECR, the Alliance of European Conservatives and Reformists.

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