Serious thinkers contend that free will cannot exist in a deterministic universe — one in which events are the singular outcomes of the conditions in which they occur. The alternative view, that free will is prerequisite for personal responsibility and morality, is the basis of our legal and religious institutions. Philosopher Daniel Dennett unravels this conundrum and asks whether we must jettison one of these notions, or whether they can co-exist. He then asks: if free will is an illusion, as many scientists say, should we conclude that we don’t need real free will to be responsible for our actions?
Is Free Will an Illusion?
How Warren Buffett Uses Discount Rates To Value Stocks
Warren Buffett has never detailed the process he uses to value the businesses he acquires for Berkshire Hathaway. However, over the years, he has provided some limited insight into his methods. Q3 2020 hedge fund letters, conferences and more Based on these comments, it is widely assumed that Buffett uses a discount cash flow model Read More