Monetary intelligence theory asserts that individuals apply their money attitude to frame critical concerns in the context and strategically select certain options to achieve financial goals and ultimate happiness. This study explores the dark side of monetary Intelligence and behavioral economics—dishonesty. Dishonesty, a risky prospect, involves cost–benefit analysis of self-interest. We frame good or bad barrels in the environmental context as a proxy of high or low probability of getting caught for dishonesty, respectively. We theorize: The magnitude and intensity of (...) the relationship between love of money and dishonest prospect may reveal how individuals frame dishonesty in the context of two levels of subjective norm—perceived corporate ethical values at the micro-level and Corruption Perceptions Index at the macro-level, collected from multiple sources. Based on 6382 managers in 31 geopolitical entities across six continents, our cross-level three-way interaction effect illustrates: As expected, managers in good barrels, mixed barrels, and bad barrels display low, medium, and high magnitude of dishonesty, respectively. With high CEV, the intensity is the same across cultures. With low CEV, the intensity of dishonesty is the highest in high CPI entities —the Enron Effect, but the lowest in low CPI entities. CPI has a strong impact on the magnitude of dishonesty, whereas CEV has a strong impact on the intensity of dishonesty. We demonstrate dishonesty in light of monetary values and two frames of social norm, revealing critical implications to the field of behavioral economics and business ethics. (shrink)

Monetary Intelligence theory asserts that individuals apply their money attitude to frame critical concerns in the context and strategically select certain options to achieve financial goals and ultimate happiness. This study explores the bright side of Monetary Intelligence and behavioral economics, frames money attitude in the context of pay and life satisfaction, and controls money at the macro-level and micro-level. We theorize: Managers with low love of money motive but high stewardship behavior will have high subjective well-being: pay satisfaction and (...) quality of life. Data collected from 6586 managers in 32 cultures across six continents support our theory. Interestingly, GDP per capita is related to life satisfaction, but not to pay satisfaction. Individual income is related to both life and pay satisfaction. Neither GDP nor income is related to Happiness. Our theoretical model across three GDP groups offers new discoveries: In high GDP entities, “high income” not only reduces aspirations—“Rich, Motivator, and Power,” but also promotes stewardship behavior—“Budget, Give/Donate, and Contribute” and appreciation of “Achievement.” After controlling income, we demonstrate the bright side of Monetary Intelligence: Low love of money motive but high stewardship behavior define Monetary Intelligence. “Good apples enjoy good quality of life in good barrels.” This notion adds another explanation to managers’ low magnitude of dishonesty in entities with high Corruption Perceptions Index. In low GDP entities, high income is related to poor Budgeting skills and escalated Happiness. These managers experience equal satisfaction with pay and life. We add a new vocabulary to the conversation of monetary intelligence, income, GDP, happiness, subjective well-being, good and bad apples and barrels, corruption, and behavioral ethics. (shrink)

Corruption involves greed, money, and risky decision-making. We explore the love of money, pay satisfaction, probability of risk, and dishonesty across cultures. Avaricious monetary aspiration breeds unethicality. Prospect theory frames decisions in the gains-losses domain and high-low probability. Pay dissatisfaction (in the losses domain) incites dishonesty in the name of justice at the individual level. The Corruption Perceptions Index, CPI, signals a high-low probability of getting caught for dishonesty at the country level. We theorize that decision-makers adopt avaricious love-of-money aspiration (...) as a lens and frame dishonesty in the gains-losses domain (pay satisfaction-dissatisfaction, Level 1) and high-low probability (CPI, Level 2) to maximize expected utility and ultimate serenity. We challenge the myth: Pay satisfaction mitigates dishonesty across nations consistently. Based on 6500 managers in 32 countries, our cross-level three-dimensional visualization offers the following discoveries. Under high aspiration conditions, pay dissatisfaction excites the highest- (third-highest) avaricious justice-seeking dishonesty in high (medium) CPI nations, supporting the certainty effect. However, pay satisfaction provokes the second-highest avaricious opportunity-seizing dishonesty in low CPI entities, sustaining the possibility effect—maximizing expected utility. Under low aspiration conditions, high pay satisfaction consistently leads to low dishonesty, demonstrating risk aversion—achieving ultimate serenity. We expand prospect theory from a micro and individual-level theory to a cross-level theory of monetary wisdom across 32 nations. We enhance the S-shaped Curve to three 3-D corruption surfaces across three levels of the global economic pyramid, providing novel insights into behavioral economics, business ethics, the environment, and responsibility. (shrink)

From 1895, the year he published his first signed article, to four days before his death in 1970 when he wrote his last, Bertrand Russell was a powerful force in the world of mathematics, philosophy, human rights and the struggle for peace. During those years he published 70 books, almost as many pamphlets and over 2,000 articles, he also contributed pieces to some 200 books. The availability of the Bertrand Russell Archives at McMaster University since 1968 has made it possible (...) for the first time to compile a full, descriptive bibliography of his writings. The Collected Papers are based on it. Fully annotated, the Bibliography is textually oriented and will guide the scholar, collector and general reader to the authoritative editions of Russell's works. It includes references to the locations of all known speeches and interviews, and reproductions of the dust-jackets of Russell's books. Blackwell, Ruja and Turcon have cooperated for nearly 20 years on the new Bibliography. Lord Russell saw the extensive additions for it near the end of his life and declared: `I am impressed.'. (shrink)

From 1895, the year he published his first signed article, to four days before his death in 1970 when he wrote his last, Bertrand Russell was a powerful force in the world of mathematics, philosophy, human rights and the struggle for peace. During those years he published 70 books, almost as many pamphlets and over 2,000 articles, he also contributed pieces to some 200 books. The availability of the Bertrand Russell Archives at McMaster University since 1968 has made it possible (...) for the first time to compile a full, descriptive bibliography of his writings. The _Collected Papers_ are based on it. Fully annotated, the Bibliography is textually oriented and will guide the scholar, collector and general reader to the authoritative editions of Russell's works. It includes references to the locations of all known speeches and interviews, and reproductions of the dust-jackets of Russell's books. Blackwell, Ruja and Turcon have cooperated for nearly 20 years on the new Bibliography. Lord Russell saw the extensive additions for it near the end of his life and declared: `I am impressed.'. (shrink)

Since the seventeenth century, when Descartes divided the universe into two realms, the distinctive character of one of which being its spatiality or extendedness, philosophers have been increasingly concerned with the analysis of the category of Space. Scientists, too, have been interested in the concepts of Space and Time, especially since the promulgation of the theory of relativity.

_'Every man would like to be God, if it were possible; some few find it difficult to admit the impossibility.'_ - _Bertrand Russell_ From 1931-1935 Bertrand Russell was one of the regular contributors to the literary pages of the _New York American_, together with other distinguished authors, such as Aldous Huxley and Vita Sackville-West. _Mortals and Others Volume II_ presents a further selection of his essays, ranging from the politically correct, to the perfectly obscure: from _The Prospects of Democracy_ to (...) _Men Versus Insects_. Even though written in the politically heated climate of the 1930s, these essays are surprisingly topical and engaging for the present day reader. Volume II of _Mortals and Others_ serves as a splendid, fresh introduction to the compassionate eclecticism of Bertrand Russell's mind. (shrink)

_'Every man would like to be God, if it were possible; some few find it difficult to admit the impossibility.'_ - _Bertrand Russell_ From 1931-1935 Bertrand Russell was one of the regular contributors to the literary pages of the _New York American_, together with other distinguished authors, such as Aldous Huxley and Vita Sackville-West. _Mortals and Others Volume II_ presents a further selection of his essays, ranging from the politically correct, to the perfectly obscure: from _The Prospects of Democracy_ to (...) _Men Versus Insects_. Even though written in the politically heated climate of the 1930s, these essays are surprisingly topical and engaging for the present day reader. Volume II of _Mortals and Others_ serves as a splendid, fresh introduction to the compassionate eclecticism of Bertrand Russell's mind. (shrink)

Three polemical exchanges between Bertrand Russell and F. H. Bradley, F. C. S. Schiller, and the prosecutor in Russell's trial for violating the Defence of the Realm Act in 1916 are examined in order to bring to light some paradigms of informal reasoning, with a view to encouraging research into the logic of natural language. Ten such paradigms are expressed, e.g., Agree with the contention but not for the reasons given; Agree that the criticism is valid and report that one (...) has modified the criticized doctrine but not in the manner suggested. (shrink)