The study empirically investigates the relationship between corporate governance and the triple bottom line sustainability performance through the lens of agency theory and stakeholder theory. We claim, in fact, that no single theory fully accounts for all the hypothesised relationships. We measure sustainability performance through manual content analysis on sustainability reports of the US-based companies. The study extends the existing literature by investigating the impact of selected corporate governance mechanisms on each dimension of sustainability performance, as defined by the GRI (...) framework. Our approach allows to identify which governance mechanisms foster triple bottom line performance, also revealing that some mechanisms fit only specific dimension of sustainability. The fact-based findings provide support for a new beginning in the theorising process in which the theories must try not only to provide rationale for the impact of corporate governance on sustainability, but also to explain which dimension of sustainability might be more affected. The most important implication for practitioners is the support for sustainability practices, which may be gained through implementation of particular corporate governance mechanisms. The findings contribute also to the improvement of the ongoing standard setting process, in particular as it concerns the in-depth revision of the economic dimension of sustainability carried out under the new GRI framework. (shrink)

Scientists cannot devise theories, construct models, propose explanations, make predictions, or even carry out observations, without first classifying their subject matter. The goal of scientific taxonomy is to come up with classification schemes that conform to nature's own. Another way of putting this is that science aims to devise categories that correspond to 'natural kinds.' The interest in ascertaining the real kinds of things in nature is as old as philosophy itself, but it takes on a different guise when one (...) adopts a naturalist stance in philosophy, that is when one looks closely at scientific practice and takes it as a guide for identifying natural kinds and investigating their general features. This Element surveys existing philosophical accounts of natural kinds, defends a naturalist alternative, and applies it to case studies in a diverse set of sciences. This title is also available as Open Access on Cambridge Core. (shrink)

Quantum field theories are notoriously difficult to understand, physically as well as philosophically. The aim of this paper is to contribute to a better conceptual understanding of gauge quantum field theories, such as quantum chromodynamics, by discussing a famous physical limit, the ’t Hooft limit, in which the theory concerned often simplifies. The idea of the limit is that the number N of colours goes to infinity. The simplifications that can happen in this limit, and that we will consider, are: (...) the theory’s Feynman diagrams can be drawn on a plane without lines intersecting ; and the theory, or a sector of it, becomes integrable, and indeed corresponds to a well-studied system, viz. a spin chain. Planarity is important because it shows how a quantum field theory can exhibit extended, in particular string-like, structures; in some cases, this gives a connection with string theory, and so with its representation of gravity. Previous philosophical literature about how one theory might be emergent from, and-or reduced to, another one has tended to emphasize cases, such as occur in statistical mechanics, where the system before the limit has finitely many degrees of freedom. But here, our quantum field theories, including those on the way to the ’t Hooft limit, will have infinitely many degrees of freedom. Nevertheless, we will show how a recent schema by Butterfield and taxonomy by Norton apply to the quantum field theories we consider; and we will classify three physical properties of our theories in these terms. These properties are planarity and integrability, as in and above; and the behaviour of the beta-function reflecting, for example, asymptotic freedom. Our discussion of these properties, especially the beta-function, will also relate to recent philosophical debate about the propriety of assessing quantum field theories, whose rigorous existence is not yet proven. (shrink)

Whether non-human animals can have episodic memories remains the subject of extensive debate. A number of prominent memory researchers defend the view that animals do not have the same kind of episodic memory as humans do, whereas others argue that some animals have episodic-like memory—i.e., they can remember what, where and when an event happened. Defining what constitutes episodic memory has proven to be difficult. In this paper, I propose a dual systems account and provide evidence for a distinction between (...) event memory and episodic memory. Event memory is a perceptual system that evolved to support adaptive short-term goal processing, whereas episodic memory is based on narratives, which bind event memories into a retrievable whole that is temporally and causally organized around subject’s goals. I argue that carefully distinguishing event memory from episodic memory can help resolve the debate. (shrink)

Attempts to apply the mathematical tools of dynamical systems theory to cognition in a systematic way has been well under way since the early 90s and has been recognised as a “third contender” to computationalist and connectionist approaches :441–463, 1996). Nevertheless, it was also realised that such an application will not lead to a solid paradigm as straightforwardly as was initially hoped. In this paper I explicate a method for assessing such proposals by drawing upon Lakatos’s Criticism and the growth (...) of knowledge, Cambridge University Press, London, pp 91–195, 1970) methodology of scientific research programs. MSRP focuses on the heuristics of a particular field and gauges the model/theory building stratagems by reference to theoretical and empirical progress, on the one hand, and the continuity and the autonomy of the way the field’s heuristic generates its series of models/theories, on the other. The requirement of continuity and autonomy afford distinct senses of ad hoc-ness, which serve as an effective tool to detect various subtleties which may otherwise be missed: the present approach identifies shortcomings missed by Chemero’s radical embodied cognitive science and falsifies Chemero’s claim that the methodological powers of his model-based account is on a par with computationalism. In general, I claim that MSRP is relevant to current methodological issues in cognitive science and can supplement debates regarding “local” assessments of methodologies, such as that between mechanical versus covering-law explanations. MSRP must at least be viewed as a necessary constraint for any methodological considerations in cognitive science. (shrink)

In diesem Beitrag wird dem Zeitbezug von pädagogischen Konzeptionen des guten Lebens – im Spannungsfeld von Individualität und Sozialität, Pädagogik und Politik, Bestimmtheit und Unbestimmtheit – exemplarisch anhand pädagogischer Programmatiken einerseits und philosophischer Referenzen andererseits nachgegangen. Diese pädagogischen Deutungen und damit die Pädagogisierung des,guten‘ oder,richtigen‘ Lebens werden in einer bildungsphilosophischen Sichtweise und unter Bezug auf ihre deutschsprachigen Vertreter*innen einer eingehenden Betrachtung unterzogen: So scheint die Pädagogik in Theorie und Praxis einerseits auf eine klare normative Zielperspektive im Sinne einer Vorstellung vom (...) guten menschlichen Leben angewiesen zu sein, die auch für die Zukunft Geltung beanspruchen kann. Anderseits scheint die Offenheit der Zukunft, von der aus sich die Notwendigkeit einer Pädagogik allererst rechtfertigen lässt, in diesem Prozess bedacht und bewahrt werden zu müssen, um Heranwachsenden eine eigenverantwortliche Gestaltung ihrer Welt in Relation zu anderen zu ermöglichen. Letzteres scheint nun aber gerade gegen eine Überformung pädagogischer Kerngedanken durch gegenwartsbezogene starre Vorstellungen eines guten Lebens zu sprechen. Mit dem Aufzeigen dieses Dilemmas und der Analyse verschiedener Lösungsansätze vor dem aktuellen Hintergrund der Ungewissheit gesellschaftlicher Transformationsprozesse möchte der Text einen allgemeinpädagogischen Beitrag zur philosophischen Diskussion um das (kollektiv) gute Leben leisten. (shrink)

The interactivist model of representation makes foundational criticisms of assumptions concerning representation that have been standard since the pre-Socratics and presents a positive model that differs from others on offer in several ways. The interactivist model of representation (or re- presenting), consequently, does not fit well within standard categories (though it is closest to the general pragmatist framework), and, consequently, is often miscategorized and misunderstood. A recent paper by Gładziejewski (2016) gives us an opportunity to address some of these issues. (...) Gładziejewski presupposes a model of the nature of representation, in a version derived from Ramsey (2007), that is precisely of the sort that the interactivist model argues does not work and is not, in principle, possible. Gładziejewski argues that the interactivist model does not satisfy the desiderata of this kind of model of representation, not taking into account that the interactivist model argues directly against such models and their desiderata. The central (though not the only) point is that Gładziejewski begs the question concerning the interactivist model by assuming precisely what the interactivist model argues is impossible, then charging interactivism with not satisfying these impossible desiderata. By simply accepting the Ramsey framework for understanding and modeling representation, he ignores the arguments against such frameworks, and thereby renders his own arguments circular. (shrink)

This paper provides a critical commentary on Kasher and Yadlin's article. I start with a few remarks regarding the authors? claim about the uniqueness of fighting terrorism and their proposed definition of acts of terrorism. The main part of my commentary, however, is devoted to discussing Kasher and Yadlin's Principle of Distinction (Part II of their paper). There, I raise several objections to their proposed ranking of state duties and to the way they use the ranking to justify what they (...) call targeted prevention of terror. Finally, I make a few remarks pertaining more specifically to the Israeli?Palestinian situation. (shrink)

In this paper, we study an algebraically closed field \ expanded by two unary predicates denoting an algebraically closed proper subfield k and a multiplicative subgroup \. This will be a proper expansion of algebraically closed field with a group satisfying the Mann property, and also pairs of algebraically closed fields. We first characterize the independence in the triple \\). This enables us to characterize the interpretable groups when \ is divisible. Every interpretable group H in \\) is, up to (...) isogeny, an extension of a direct sum of k-rational points of an algebraic group defined over k and an interpretable abelian group in \ by an interpretable group N, which is the quotient of an algebraic group by a subgroup \, which in turn is isogenous to a cartesian product of k-rational points of an algebraic group defined over k and an interpretable abelian group in \. (shrink)

Over 35 years ago, Meltzoff and Moore (1977) published their famous article ‘Imitation of facial and manual gestures by human neonates’. Their central conclusion, that neonates can imitate, was and continues to be controversial. Here we focus on an often neglected aspect of this debate, namely on neonatal spontaneous behaviors themselves. We present a case study of a paradigmatic orofacial ‘gesture’, namely tongue protrusion and retraction (TP/R). Against the background of new research on mammalian aerodigestive development, we ask: How does (...) the human aerodigestive system develop and what role does TP/R play in the neonate’s emerging system of aerodigestion? We show that mammalian aerodigestion develops in two phases: (1) from the onset of isolated orofacial movements in utero to the post-natal mastery of suckling at 4 months after birth, and; (2) thereafter, from preparation to the mastery of mastication and deglutition of solid foods. Like other orofacial stereotypies, TP/R emerges in the first phase and vanishes prior to the second. Based upon recent advances in activity-driven early neural development, we suggest a sequence of three developmental events in which TP/R might participate: the acquisition of tongue control, the integration of the central pattern generator for TP/R with other aerodigestive CPGs, and the formation of connections within the cortical maps of S1 and M1. If correct, orofacial stereotypies are crucial to the maturation of aerodigestion in the neonatal period but also unlikely to co-occur with imitative behavior. (shrink)

In this article we investigate whether non-culpably benefiting from wrongdoing or injustice generates a moral requirement to disgorge these benefits in order to compensate the victims. We argue that a strong requirement to disgorge such benefits is generated only if other conditions or factors are present. We identify three such factors and claim that their presence would explain why the normative features of certain types of cases of benefiting from wrongdoing differ from cases of benefiting from simple misfortune or bad (...) luck. (shrink)

This essay addresses the questions of whether and how much responsibility for extreme poverty should be assigned to global and domestic institutional orders. The main focus is on whether the global order brings about the existing levels of extreme poverty or merely allows them. By examining Thomas Pogge's recent contribution on this topic, I argue that although he builds a plausible case for the claim that the global order brings about, and not merely fails to prevent, extreme poverty, the moral (...) and empirical complexity of the situation leaves room for doubting his conclusions. I conclude, however, that it is enough that there be a reasonable chance—though not conclusive evidence—that the global order brings about the existing extreme poverty to reduce considerably the moral weight of its privileged participants' appeal to cost when justifying their not taking steps to alleviate extreme poverty. (shrink)

We study groups definable in tame expansions of ω-stable theories. Assuming several tameness conditions, we obtain structural theorems for groups definable and interpretable in these expansions. As our main example, by characterizing independence in the pair, where K is an algebraically closed field and G is a multiplicative subgroup of K× with the Mann property, we show that the pair satisfies the assumptions. In particular, this provides a characterization of definable and interpretable groups in in terms of algebraic groups in (...) K and interpretable groups in G. Furthermore, we compute the Morley rank and the U-rank in and both ranks agree. (shrink)

Dans son dernier article de 1954, Solvable and Unsolvable Problems, Turing répète le résultat fondamental de 1936 dans lequel est formulée l’impossibilité de résoudre tout problème algorithmique à l’aide d’une méthode universelle. Il expose ce résultat en le reliant à une notion qui paraît simple et accessible à tous : le jeu. Mais qu’est-ce qui est au juste entendu par cette notion de jeu ? S’agit-il d’un simple objet mathématique ou n’y a-t-il pas ici une notion qui touche à l’ordre (...) du monde dans son ensemble ? N’y a-t-il pas chez Turing l’intuition que la cybernétique transformera le monde en une chose contrôlable et organisable, à l’image d’un grand Jeu ? Dans la mesure où le développement des machines à calculer dépasse le strict cadre des techno-sciences, peut-on voir là le déploiement d’un Jeu dont, nous dit Héraclite, nous serions nous-mêmes les pions ? (shrink)

Dans son dernier article de 1954, Solvable and Unsolvable Problems, Turing répète le résultat fondamental de 1936 dans lequel est formulée l’impossibilité de résoudre tout problème algorithmique à l’aide d’une méthode universelle. Il expose ce résultat en le reliant à une notion qui paraît simple et accessible à tous : le jeu. Mais qu’est-ce qui est au juste entendu par cette notion de jeu? S’agit-il d’un simple objet mathématique ou n’y a-t-il pas ici une notion qui touche à l’ordre du (...) monde dans son ensemble? N’y a-t-il pas chez Turing l’intuition que la cybernétique transformera le monde en une chose contrôlable et organisable, à l’image d’un grand Jeu? Dans la mesure où le développement des machines à calculer dépasse le strict cadre des techno-sciences, peut-on voir là le déploiement d’un Jeu dont, nous dit Héraclite, nous serions nous-mêmes les pions? (shrink)

This paper takes a closer look at the incompatibility thesis, namely the claim that consequentialism is incompatible with accepting the moral relevance of the doing-allowing distinction. I examine two attempts to reject the incompatibility thesis, the first by Samuel Scheffler and the second by Frances Kamm. I argue that both attempts fail to provide an adequate ground for rejecting the incompatibility thesis. I then put forward an account of what I take to be at stake in accepting or rejecting the (...) incompatibility thesis, namely the underlying conception of responsibility. There are, I contend, two relevant conceptions of responsibility, the globalist and the localist. In order for the compatibilist argument to go through, the globalist conception must be adopted. I aim to provide a formulation and defence of the dependency of the compatibilist view on the globalist conception of responsibility. I will not, however, argue for one conception of responsibility over the other. (shrink)

Episodic memory gives us the ability to mentally travel back in time to revisit and relive past experiences. In recent years, there has been an increased interest in the function of episodic memory. According to the orthodox view, episodic memory should be considered a part of a constructive system that simulates the future for sophisticated foresight and flexible planning. In this paper, I offer a novel alternative view. I argue that episodic memory provides invaluable information about the past behavior of (...) others, allowing us to identify reliable and trustworthy partners while avoiding dealing with cheaters. Theoretical models demonstrate that cooperation in groups can be maintained if potential partners use information about an individual’s past behavior to guide their behavior toward that individual. In these reputation-based models of human cooperation, individuals with a history of cheating are ostracized, whereas those with a history of cooperative behavior flourish. Against this theoretical background, it is possible to see a function of episodic memory in facilitating information exchange about others, helping group members make effective partner choices, and avoiding the risk of interacting with cheaters. If correct, episodic memory may have played a significant role in the evolution of human cooperation. (shrink)

We have two aims. The main one is to expound the idea of renormalization in quantum field theory, with no technical prerequisites. Our motivation is that renormalization is undoubtedly one of the great ideas—and great successes--of twentieth-century physics. Also it has strongly influenced in diverse ways, how physicists conceive of physical theories. So it is of considerable philosophical interest. Second, we will briefly relate renormalization to Ernest Nagel's account of inter-theoretic relations, especially reduction. One theme will be a contrast between (...) two approaches to renormalization. The old approach, which prevailed from ca. 1945 to 1970, treated renormalizability as a necessary condition for being an acceptable quantum field theory. On this approach, it is a piece of great good fortune that high energy physicists can formulate renormalizable quantum field theories that are so empirically successful. But the new approach to renormalization explains why the phenomena we see, at the energies we can access in our particle accelerators, are described by a renormalizable quantum field theory. For whatever non-renormalizable interactions may occur at yet higher energies, they are insignificant at accessible energies. Thus the new approach explains why our best fundamental theories have a feature, viz. renormalizability, which the old approach treated as a selection principle for theories. That is worth saying since philosophers tend to think of scientific explanation as only explaining an individual event, or perhaps a single law, or at most deducing one theory as a special case of another. Here we see a framework in which there is a space of theories. And this framework is powerful enough to deduce that what seemed “manna from heaven” is to be expected: the good fortune is generic. We also maintain that universality, a concept stressed in renormalization theory, is essentially the familiar philosophical idea of multiple realizability; and that it causes no problems for reductions of a Nagelian kind. (shrink)

In this paper, we study the field of algebraic numbers with a set of elements of small height treated as a predicate. We prove that such structures are not simple and have the independence property. A real algebraic integer is called a Salem number if α and are Galois conjugate and all other Galois conjugates of α lie on the unit circle. It is not known whether 1 is a limit point of Salem numbers. We relate the simplicity of a (...) certain pair with Lehmer's conjecture and obtain a model‐theoretic characterization of Lehmer's conjecture for Salem numbers. (shrink)

In this paper I offer a unified causal account of natural kinds. Using as a starting point the widely held view that natural kind terms or predicates are projectible, I argue that the ontological bases of their projectibility are the causal properties and relations associated with the natural kinds themselves. Natural kinds are not just concatenations of properties but ordered hierarchies of properties, whose instances are related to one another as causes and effects in recurrent causal processes. The resulting account (...) of natural kinds as clusters of core causal properties that give rise to clusters of derivative properties enables us to distinguish genuine natural kinds from non-natural kinds. For instance, it enables us to say why some of the purely conventional categories derived from the social domain do not correspond to natural kinds, though other social categories may. (shrink)

Mahr & Csibra (M&C) argue that event and episodic memories share the same scenario construction process. I think this way of carving up the distinction throws the baby out with the bathwater. If there is a substantive difference between event and episodic memory, it is based on a difference in the construction process and how they are organized, respectively.

In another paper, one of us argued that emergence and reduction are compatible, and presented four examples illustrating both. The main purpose of this paper is to develop this position for the example of phase transitions. We take it that emergence involves behaviour that is novel compared with what is expected: often, what is expected from a theory of the system's microscopic constituents. We take reduction as deduction, aided by appropriate definitions. Then the main idea of our reconciliation of emergence (...) and reduction is that one makes the deduction after taking a limit of an appropriate parameter $N$. Thus our first main claim will be that in some situations, one can deduce a novel behaviour, by taking a limit $N\to\infty$. Our main illustration of this will be Lee-Yang theory. But on the other hand, this does not show that the $N=\infty$ limit is physically real. For our second main claim will be that in such situations, there is a logically weaker, yet still vivid, novel behaviour that occurs before the limit, i.e. for finite $N$. And it is this weaker behaviour which is physically real. Our main illustration of this will be the renormalization group description of cross-over phenomena. (shrink)

We give reasons for our judgements of works of art. (2) Reasons are inherently general, and hence dependent on principles. (3) There are no principles of aesthetic evaluation. Each of these three propositions seems plausible, yet one of them must be false. Illusionism denies (1). Particularism denies (2). Generalism denies (3). We argue that illusionism depends on an unacceptable account of the use of critical language. Particularism cannot account for the connection between reasons and verdicts in criticism. Generalism comes in (...) two forms: reversible generalism is the thesis that there are meaningful generalizations in criticism that admit of exceptions; irreversible generalism is the thesis that such generalizations cannot admit of exceptions. It is argued that Frank Sibley's defence of reversible generalism cannot provide a criterion for distinguishing valenced from non-valenced properties, and thus fails. Irreversible generalism is correct: it is logically cogent and fits our critical practices. (shrink)

Virtue signaling serves to express moral and ethical values publicly, showcasing commitment to social and sustainable ideals. This research, conducted with non-WEIRD samples to mitigate the prevalent WEIRD bias (i.e., the tendency to solely rely on samples from Western, educated, industrialized, rich, and democratic societies), examines whether the scarcely studied virtue-signaling construct mediates the influence of consumers’ attachment anxiety (vs. avoidance) on their green purchase behavior and prosocial responses. Drawing on attachment theory and the emerging virtue-signaling literature, the current work (...) reports the results from three studies (_N_ total = 898) in which consumers’ attachment patterns were not only measured, as in most prior related research, but also manipulated. Study 1 confirmed the unique ability of measured attachment anxiety, but not attachment avoidance, to predict consumers’ green purchase behavior and prosocial tendencies, with virtue signaling mediating these links. Study 2 manipulated participants’ attachment patterns, finding further support for the mediating role of virtue signaling between attachment anxiety (vs. avoidance) and these dependent variables. Study 3 provided a more nuanced account for our virtue-signaling conceptualization by documenting that self-oriented, but not other-oriented, virtue signaling mediated the link between attachment anxiety and both our key outcomes in public contexts. From a managerial viewpoint, these findings indicate that anxiously attached consumers constitute a potentially lucrative segment for companies seeking to expand their market share of sustainable and ethically produced products. (shrink)

In our target article, we argued that the positive results of neonatal imitation are likely to be by-products of normal aerodigestive development. Our hypothesis elicited various responses on the role of social interaction in infancy, the methodological issues about imitation experiments, and the relation between the aerodigestive theory and the development of speech. Here we respond to the commentaries.

Hoerl & McCormack argue that animals cannot represent past situations and subsume animals’ memory-like representations within a model of the world. I suggest calling these memory-like representations as what they are without beating around the bush. I refer to them as event memories and explain how they are different from episodic memory and how they can guide action in animal cognition.

The notion of 'natural kinds' has been central to contemporary discussions of metaphysics and philosophy of science. Although explicitly articulated by nineteenth-century philosophers like Mill, Whewell and Venn, it has a much older history dating back to Plato and Aristotle. In recent years, essentialism has been the dominant account of natural kinds among philosophers, but the essentialist view has encountered resistance, especially among naturalist metaphysicians and philosophers of science. Informed by detailed examination of classification in the natural and social sciences, (...) this book argues against essentialism and for a naturalist account of natural kinds. By looking at case studies drawn from diverse scientific disciplines, from fluid mechanics to virology and polymer science to psychiatry, the author argues that natural kinds are nodes in causal networks. On the basis of this account, he maintains that there can be natural kinds in the social sciences as well as the natural sciences. (shrink)

Saba Mahmood’s anthropological work studies the gain in skills, agency and capacity building by the women’s dawa movement in Egypt. These women increase their virtue toward the goal of piety by following dominant, often patriarchal norms. Mahmood argues that “teleological feminism” ignores this gain in agency because this kind of feminism only focuses on opposition or resistance to these norms. In this paper I defend Mahmood’s “anti-teleological” feminist work from criticisms that her project valorizes oppression and has no vision for (...) a nonoppressive feminist future. I argue the future envisioned by teleological feminists gets caught in “the Hegelian” trap of replicating past oppression in their feminist future. I find in Mahmood’s work the tools to escape this trap. I argue, rather than a movement of overcoming oppression, Mahmood’s work suggests an immanent and creative movement that emphasizes difference for a truly new future. I turn to a Bergsonian metaphor and argue that this movement can be seen as akin to the movement of biological evolution. I conclude using the work of Eve Sedgwick that the Egyptian women that Mahmood studies are being read in a “paranoid” fashion and demonstrate using Leila Ahmed a better “reparative” reading of these women. (shrink)

Peter Singer is well known to have argued for our responsibilities to address global poverty based on an analogy with saving a drowning child. Just as the passerby has a duty to save that child, we have a duty to save children ‘drowning’ in poverty. Since its publication, more four decades ago, there have been numerous attempts to grapple with the inescapable moral challenge posed by Singer’s analogy. In this paper, we propose a new approach to the Singerian challenge, through (...) offering a different explanation for why our intuitions about rescuing a threatened person in front of us are more demanding than our intuitions about rescuing those living under equally threatening conditions of poverty. We argue that understanding the underlying motive or mechanism by which people come to endorse intuitions about duties of assistance undermines our confidence in the validity and robustness of some of the highly demanding intuitions that Singer relies on. This, in turn, puts serious limitations on the normative and practical reach of Singer’s analogy. (shrink)

Mankind is faced with a number of serious problems that demand an effective solution. The prevalence of injustice and the frequency of financial crises are two of the most serious of these problems. Consisting of an in-depth introduction along with a selection of eight of Muhammad Umer Chapra's essays--four on Islamic economics and four on Islamic finance--this timely book raises the question of what can be done to not only minimize the frequency and severity of the financial crises, but also (...) make the financial system more equitable. The author considers the origins of Islamic economics and outlines its development and underlying principles. He compares the approach taken to ethics and economics in Islam with that taken in the West, considering whether lessons can be applied to the global financial architecture in order to mitigate against financial crises. The book also examines the case against interest and looks at both innovation in Islamic finance, as well as challenges facing the industry. Written by a leading authority in the field, this book will be a stimulating resource for students and researchers in Islamic economics and finance, as well as providing valuable insight to all of those with an interest in financial systems and their interaction with society. (shrink)

The claim that one is never morally permitted to engage in non-optimal harm doing enjoys a great intuitive appeal. If in addition to this claim, we reject the moral relevance of the doingallowing distinction. In this short essay, I propose a different take on the argument in question. Instead of opting to reject its conclusion by defending the moral relevance of the doingallowing distinction, we can no longer rely on the strong intuitive appeal of the claim that one is never (...) morally permitted to engage in non-optimal harm doing. (shrink)