Richard A. Posner's two books on the financial crisis focus on possible macroeconomic (Keynesian) causes of it, neglecting legal causes that would have had only microeconomic effects, yet could have been responsible for the crisis. Specifically, Posner accepts too readily the conventional wisdom that banks? leverage levels, hence their capital cushions, were deregulated; this ignores Basel I, Basel II, and the Recourse rule, which internationally and (in the last case) in the United States minutely regulated not only leverage levels but (...) the composition of banks? assets. These regulations penalized banks for making business loans in comparison to mortgage loans, and it further penalized them for keeping mortgage loans rather than selling them for securitization and then buying back the ?senior? tranches of the resulting mortgage-backed securities. These regulations may explain the overconcentration of mortgage risk in the banks, and thus the financial crisis. (shrink)

Richard A. Posner's two books on the financial crisis focus on possible macroeconomic (Keynesian) causes of it, neglecting legal causes that would have had only microeconomic effects, yet could have been responsible for the crisis. Specifically, Posner accepts too readily the conventional wisdom that banks’ leverage levels, hence their capital cushions, were deregulated; this ignores Basel I, Basel II, and the Recourse rule, which internationally and (in the last case) in the United States minutely regulated not only leverage levels but (...) the composition of banks’ assets. These regulations penalized banks for making business loans in comparison to mortgage loans, and it further penalized them for keeping mortgage loans rather than selling them for securitization and then buying back the “senior” tranches of the resulting mortgage-backed securities. These regulations may explain the overconcentration of mortgage risk in the banks, and thus the financial crisis. (shrink)

The Metaphysics of Experience styles itself as "a Sherpa guide to Process and Reality, whose function is to assist the serious reader in grasping the meaning of the text and to prevent falls into misinterpretation." Although originally published in 1925, Process and Reality has perhaps even more relevance to the contemporary scene in physics, biology, psychology, and the social sciences than it had in the mid-twenties. Hence its internal difficulty, its quasi-inaccessibility, is all the more tragic, since, unlike most metaphysical (...) endeavors, it is capable of interpretating and unifying theories in the above sciences in terms of an organic world view, instead of selecting one theory as the paradigm and reducing all others to it. Because Alfred North Whitehead is so crucial to modern philosophy, The Metaphysics of Experience plays an important role in making Process and Reality accessible to a wider readership. (shrink)

Steven French and Decio Krause examine the metaphysical foundations of quantum physics. They draw together historical, logical, and philosophical perspectives on the fundamental nature of quantum particles and offer new insights on a range of important issues. Focusing on the concepts of identity and individuality, the authors explore two alternative metaphysical views; according to one, quantum particles are no different from books, tables, and people in this respect; according to the other, they most certainly are. Each view comes with certain (...) costs attached and after describing their origins in the history of quantum theory, the authors carefully consider whether these costs are worth bearing. Recent contributions to these discussions are analyzed in detail and the authors present their own original perspective on the issues. The final chapter suggests how this perspective can be taken forward in the context of quantum field theory. (shrink)

The article tries to prove the necessity and demonstrates the possibility of application of the methods of praxiology to ethical questions. The result is an ethical praxiology conceived as a theory of making best moral choices by moral agents. It is meant to be a practical science invented for the regulation of the process of decision-making and decision implementation.

resumo Este artigo procura destacar algumas características do discurso racional em Thomas Hobbes. São analisadas as noções de prudência e ciência. O conhecimento racional repousará na possibilidade de construir, no discurso, um sinal – vox humana – que se sobreponha às marcas – notae – criadas pelos homens para excitar em nosso espírito um pensamento anterior. A seguir, são expostas as noções de proposição, nomes positivos e nomes negativos. Tais noções exibirão o determinismo hobbesiano, elemento determinante não apenas de sua (...) philosophia prima, mas igualmente de sua teoria política. palavras-chave Thomas Hobbes - discurso mental - discurso verbal - universal - determinismo; filosofia civil. (shrink)

Este artigo procura destacar algumas características do discurso racional em Thomas Hobbes. São analisadas as noções de prudência e ciência. O conhecimento racional repousará na possibilidade de construir, no discurso, um sinal – vox humana – que se sobreponha às marcas – notae – criadas pelos homens para excitar em nosso espírito um pensamento anterior. A seguir, são expostas as noções de proposição, nomes positivos e nomes negativos. Tais noções exibirão o determinismo hobbesiano, elemento determinante não apenas de sua philosophia (...) prima, mas igualmente de sua teoria política. (shrink)

O objetivo desse artigo é mostrar de que modo um problema no domínio da teoria contemporânea do direito suscita questões que podem encontrar esclarecimentos na filosofia de Thomas Hobbes. Para tanto, será primeiramente analisada uma decisão da Suprema Corte norte-americana que retoma um debate constitucional aberto há já quase vinte anos e que versa sobre os direitos civis1. Nesse contexto, a noção de República em Hobbes será apresentada enquanto fornecendo uma teoria sobre a interpretação jurídica que permite apanhar o bom (...) lado nesse debate. (shrink)

The academic and humanitarian conception of harmonious union has been proposed by Professor Zhang Liwen in the 1990s. It claims to explain the specifics of Chinese civilization and proposes solution of some global problems by its means. Despite the lack of direct references to the conception, it remains in demand both in the political and ideological discourse of the People's Republic of China. This presentations deals with the historical and philosophical facts available in Chinese written monuments and works of Antiquity (...) and the Middle Ages, which are put forward as a justification for the primordial idea of harmonious union in Chinese culture. An attempt is done to show that this concept does not offer any new set of philosophical categories, but appeals to the well-known concepts of two-, three- and five-item classifications. At the same time, the emphasis is laid on the form, the method of combining opposite or dissimilar elements. In general, on the basis of the limited historical and philosophical material, it can be concluded that the concept of harmonious unification is aimed not so much at revising the composition of the philosophical system of Confucianism, but at rethinking its value criteria for interaction and mutual dependence of objects and phenomena. (shrink)

This collection, first published in 2000, brings together essays by some of the most prominent scholars currently writing in commercial law theory. The essays address the foundations of efficiency analysis as the dominant theoretical paradigm in contemporary corporate and commercial law scholarship. Some of the questions addressed in the volume are: What are the historical roots of efficiency analysis in contract, sales, and corporate law? Is moral theory irrelevant to efficiency analysis in these areas; if relevant, are morality and efficiency (...) compatible? Even if efficiency is otherwise reasonable as a normative goal in corporate and commercial law, does the complexity of efficiency make it practical to administer in adjudication? What is the best way of pursuing efficiency in corporate and commercial law? The volume reflects the most exciting work being done in contemporary legal theory. It will be of interest to professionals and students in law and philosophy of law. (shrink)

Die erste Bekanntschaft mit den Ideen Fichtes in der Ukraine erfolgte gleich zu Anfang des 19. Jahrhunderts. Neue Impulse erhielten die Aneignung und Auseinandersetzung mit seinen Gedanken mit der Eröffnung der Universität in Charkow im Herbst 1804. Dank der Berufung des ehemaligen Jenaer Extraordinarius Johann Baptist Schad wurde die Universität Charkow im ersten Drittel des 19. Jahrhunderts zur Hauptstadt der Fichte-Forschungen und Kritik, nicht nur in der Ukraine, sondern im ganzen Russischen Reich. Schad, der als erster Philosophieprofessor Charkows dort bis (...) zum Dezember 1816 lehrte, gründete auch eine »Charkower philosophische Schule«, deren Vertreter verschiedene Lehrstücke Fichtes, aber auch der kritischen Philosophie insgesamt rezipierten und sich mit ihnen auseinander setzten und sie eifrig verbreiteten. (shrink)

Die erste Bekanntschaft mit den Ideen Fichtes in der Ukraine erfolgte gleich zu Anfang des 19. Jahrhunderts. Neue Impulse erhielten die Aneignung und Auseinandersetzung mit seinen Gedanken mit der Eröffnung der Universität in Charkow im Herbst 1804. Dank der Berufung des ehemaligen Jenaer Extraordinarius Johann Baptist Schad wurde die Universität Charkow im ersten Drittel des 19. Jahrhunderts zur Hauptstadt der Fichte-Forschungen und Kritik, nicht nur in der Ukraine, sondern im ganzen Russischen Reich. Schad, der als erster Philosophieprofessor Charkows dort bis (...) zum Dezember 1816 lehrte, gründete auch eine »Charkower philosophische Schule«, deren Vertreter verschiedene Lehrstücke Fichtes, aber auch der kritischen Philosophie insgesamt rezipierten und sich mit ihnen auseinander setzten und sie eifrig verbreiteten. (shrink)

Die Forschung zu und über Leonhard Euler verweist oft darauf, dass das Entstehen und Etablieren neuer Zeichenpraktiken zum dominierenden Legitimationsmuster der übersichtlichen Mathematik in der Zeit der Aufklärung wird. Bei genauerem Hinsehen fällt jedoch auf, dass die konkreten Formen der Erscheinung und Durchsetzung dieser Praktiken mit ihren symbolischen Dimensionen über Jahrzehnte kaum ins Zentrum der Aufmerksamkeit gerückt wurden. Gerade diesen Formen der Wissensentfaltung und -vermittlung versuchen die hier versammelten Aufsätze eine zentrale Position zukommen zu lassen. Denn im Falle Eulers beschränkt (...) sich die Problematik solcher Erscheinungen nicht auf das mathematische Abstrahieren der zu lösenden Aufgaben, sind diese doch mit den graphischen Abstrahierungen vernetzt, deren Erscheinungskriterien untersucht werden. (shrink)

This article aims to serve as an introductory discussion of the European Continental tradition of pedagogics, specifically from a North American perspective. It begins with an overview of the Continental tradition and its main figures. Here, we find a philosophical and, thus, language-sensitive attitude toward the human, the child; and a specific pedagogical terminology, i.e., descriptions and interpretations about the reality of education, such as educational practices, goals, norms, and organizational forms of educational institutions. John Dewey's educational theories exemplify the (...) North American perspective on Continental pedagogics and its study of the fundamental nature of knowledge, reality, and existence. Dewey's writings diverge notably from this tradition, as he integrated into his work American pragmatism and an interest in the scientific method, an interest that plays a role in today's policy trends in the United States and elsewhere. Then again, Dewey took a critical stand toward instrumentalizing pedagogics for political aims. On this point, the German-born political philosopher Hannah Arendt agreed with him. As Arendt can be seen as an example of a Continental perspective on philosophy that includes a strong warning to separate politics and education, she relates to Dewey's argument against instrumentalization. Thus, this article also features some of her work. The overall intention is to contribute to a renewal of a language for pedagogics by delineating a historical-philosophical perspective on this specific field of professional practice. (shrink)

O direito público contemporâneo é pensado a partir do tratamento impessoal dos cidadãos por autoridades e funcionários que agem dentro da moldura jurídica que delimita sua competência e orienta a sua ação ao interesse público. Se a soberania for compreendida a partir do instituto da propriedade (dominium), a relação entre o Estado e o cidadão acaba por espelhar a forma da relação entre senhor e escravo, em que os súditos se encontram submetidos à vontade privada do soberano. Uma tal modalidade (...) patrimonial de Estado mostra-se incompatível com a caracterização do direito público moderno. Neste artigo, identificamos na obra de Jean Bodin o contraste entre, de um lado, o caráter público do exercício da soberania nos regimes legítimos e, de outro, a natureza patrimonial dos regimes despótico e tirânico. No pensamento de Thomas Hobbes, observamos a evolução de uma concepção meramente patrimonial da soberania presente em Elements of law e De cive para uma distinção formal entre a vontade privada e a vontade pública do soberano no Leviathan. Nossa conclusão é que ambos os autores acabam por fornecer, cada um à sua maneira, um aparato conceitual apto para lidar com as características do Estado moderno acima apontadas, cuja repercussão pode ser notada na Filosofia Política dos séculos subsequentes. (shrink)

The article deals with the main tendencies in the studies of Russian neo-Kantianism in Poland. Although the number and quality of research in the history of Russian neo-Kantianism still cannot be equated with those of the history of German neo-Kantianism, the situation of these studies is constantly changing for the better. The authors mark the undeniable progress in the studies of Russian neo-Kantianism in Poland in the recent years: there are monographs, articles, collections, research projects on particular thinkers or themes (...) related to the history of Russian neo-Kantianism. The authors consider A. Noras’s idea of the development of neo-Kantianism into post-neo-Kantianism rather heuristic. One of the main features of this development is the ontologization of the cognitive process. This “ontological turn”, typical of Russian neo-Kantianism, in particular as represented by S. Hessen, V. Sesemann, B. Jakovenko, is, on the one hand, the hallmark of the entire Russian philosophy and, on the other, it brings together the philosophical efforts of Russian neo-Kantians and the conception of the author of the “new ontology” – N. Hartmann. (shrink)

Há um discurso teórico que denuncia a igualdade formal presente no ideal de Estado de Direito como um manto ideológico a serviço do conservadorismo. Por debaixo desse manto, as profundas desigualdades sociais e relações de opressão seriam legitimadas como se fossem simplesmente fruto da aplicação imparcial das regras jurídicas a que todos estariam igualmente submetidos. Embora essa crítica sirva quando direcionada ao modelo de Estado de Direito defendido por Hayek, que apresenta falsamente as regras oriundas dos costumes e dos precedentes (...) como isentas de posições políticas, ela não atinge da mesma maneira o modelo de Estado de Direito centrado na supremacia da legislação. Apesar de todas as limitações que podem ser reconhecidas no ideal de igualdade formal, a sua recusa parece antes permitir novas e mais graves formas de opressão do que as suprimir. (shrink)