Greenspan admits he made a mistake in thinking that markets could regulate themselves. Details here.
One can find, through the writings of Lucretius, a powerful yet simple Epicurean argument for matter's (factual or metaphysical) necessity. In simplest terms, the argument is that since matter exists, and since nothing can come from nothing, matter is eternal and uncreated, and is therefore at least a factually necessary being.
A stronger version of Epicurus' core argument can be developed by adding an appeal to something in the neighborhood of origin essentialism. The basic line of reasoning here is that being uncreated is an essential property of matter, and thus that the matter at the actual world is essentially uncreated.
Yet stronger versions of the argument could go on from there by appealing to the principle of sufficient reason to argue that whatever plays the role of being eternal and essentially uncreated does not vary from world to world, and thus that matter is a metaphysically necessary being.
It seems to me that this broadly Epicurean line of reasoning is a co…
A stronger version of Epicurus' core argument can be developed by adding an appeal to something in the neighborhood of origin essentialism. The basic line of reasoning here is that being uncreated is an essential property of matter, and thus that the matter at the actual world is essentially uncreated.
Yet stronger versions of the argument could go on from there by appealing to the principle of sufficient reason to argue that whatever plays the role of being eternal and essentially uncreated does not vary from world to world, and thus that matter is a metaphysically necessary being.
It seems to me that this broadly Epicurean line of reasoning is a co…
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