Try this thought experiment: Your small children are strapped into the child seats in the back of the car and you are driving down a country lane. Now you are approaching a bend in the lane, and a cat darts out into the road. If you swerve to avoid the cat you know that you could collide with an oncoming vehicle. If you break hard you may just miss the cat but the on-board supercomputer that is your human brain tells you that you might smash into the tree on the bend.
The cat gets it. That was what you chose.
And that's an ethical dilemma. You decided in a flash – no sanctimonious deliberation or hand-wringing here – that killing the cat was the least appalling option, given all the other many scenarios, some of which involved probable injury to your children. After all, you might have swerved and not hit an oncoming vehicle (because there wasn't one coming round the corner at that precise moment). But you didn't know if there was an oncoming vehicle or not; just that there was a real possibility of one.
by Zak Mir | Trading| 1 mins. to read I have to admit I liked the story behind Edenville Energy (LON:EDL), emanating from late summer last year onwards, that the Tanzanian Government had banned coal imports.
by Filipe R Costa | Economics| 5 mins. to read We are at an important juncture in Europe. In particular, in the eurozone. For the last few years this group of countries has been performing badly both in economic and political terms.
by Zak Mir | Trading | 1 mins. to read One of the highlights of the past year on the stock market has been the rise and rise of mining stocks. But the problem has tended to be the embarrassment of riches in terms of the choice of companies to go for.
by Evil Knievil | Evil Diaries | 1 mins. to read Just Eat (LON:JE.) at 530p is capitalised at around £3.6bn and has virtually negligible tangible assets. The gap is hope value. And things are currently going swimmingly.
by Robert Stephens | Equities | 4 mins. to read Morrisons (LON: MRW) has enjoyed a superb Christmas trading period. The food retailer posted its best performance for seven years as it recorded LFL sales growth of 2.9% for the nine weeks to 1 January.
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