This study formulates a two-factor empirical model under the intertemporal CAPM framework to evaluate the cross-sectional implications of socially responsible investments in the US equity market. Our results show that socially responsible investments have no asset pricing impact on the US market. We argue that this ‘no financial impact’ finding indicates that investors will not be disadvantaged financially by investing in socially responsible funds or corporations.

The core goal of this study is to empirically investigate whether there is a “world price” of corporate sustainability. This is assessed in the context of standard asset pricing models—in particular, by asking whether a risk premium attaches to a sustainability factor after controlling for the Fama–French factors. Both time-series and cross-sectional tests are formulated and applied. The results show that (1) global Fama–French factors have strong power to explain global equity returns and (2) sustainability investments have no significant impact (...) on global equity returns. The absence of a significant relationship between sustainability and returns implies that large institutional investors are free to implement sustainability mandates without fear of breaching their fiduciary duties from realising negative returns due to incorporating a sustainability investment process. (shrink)

Robert C. Roberts first presented his vivid account of emotions as 'concern-based construals' in his book Emotions: An Essay in Aid of Moral Psychology. In this new book he extends that account to the moral life. He explores the ways in which emotions can be a basis for moral judgments, how they account for the deeper moral identity of actions we perform, how they are constitutive of morally toned personal relationships like friendship, enmity, collegiality and parenthood, and how pleasant (...) and unpleasant emotions interact with our personal wellbeing. He then sketches how, by means of their moral dimensions, emotions participate in our virtues and vices, and for better or worse, express our moral character. His rich study will interest a wide range of readers working on virtue ethics, moral psychology and emotion theory. (shrink)

This book sets the record straight about the greater influence of Dilthey than Husserl in Heidegger’s initial formulation of his conception of phenomenology. Scharff shows how, in Heidegger’s early lecture courses, phenomenology is presented as a genuine philosophical alternative, and explores our own current need for a phenomenological philosophy.

1. We are unknown to ourselves, we knowing ones, we to our own selves, and for a good reason. We have never sought ourselves – so how could it happen, that one day we would find ourselves? Someone once correctly said: “where your treasure is, there your heart will be also”;1 our treasure is where the beehives of our knowledge are. We are always on the way to finding it; as winged creatures and honey-gatherers of the spirit, we truly care (...) for only one thing from the heart: to “bring something home.” Whatever else concerns life, the so-called “experiences” – who among us has enough seriousness for them? Or enough time? In these matters we have been, I fear, somewhat distracted: our hearts have not quite been in it, and not even our ears! More often, like some divine scatter-brain absorbed-in-himself into whose ear the bell has tolled the twelve strikes of noon at full power, who then suddenly wakes up and asks himself, “What was really just struck?”, just like that we rub our ears afterwards and ask, completely amazed, completely embarrassed, “what did we really experience?” and further, “who are we really?” and afterwards, as said, count the twelve trembling bell-strikes of our experience, our life, our being – ugh! and miscount them . . . We necessarily remain strangers to ourselves, we do not understand ourselves, we must get ourselves wrong, for us the saying “Each is furthest from himself” holds for all eternity – we are not “knowing ones” with respect to ourselves. (shrink)

It is important to distinguish between two ways in which God might be timelessly eternal: eternality as being wholly outside of time, versus the sort of timelessness that consists in lacking temporal parts, and so existing “all at once.” A prominent but neglected historical tradition, most clearly evident in Anselm, advocates putting God in time, but in an all-at-once sort of way that makes God immune to temporal change. This is an intrinsically plausible conception of divine eternality, which also sheds (...) light on the modern dispute over the endurance or perdurance of material objects. (shrink)

Simone Weil is one of the most challenging and yet beguiling thinkers of the twentieth century. There is a highly charged mystical current that runs through her life and works that seems almost timeless. And yet Weil was a keen observer of the modern condition, coming of age as she did during the 1930s. Amid the recurrent indignities and inhumanities of modern life, she wondered what is to become of the precious space we have for grace, for friendship, and for (...) truth? One of our most astute historians of existentialism, Robert Zaretsky shifts his attention to the utterly original Simone Weil with this new book. Taking up the central elements of her philosophy-affliction, attention, resistance, roots, and spirituality-he explores how they animated her life, and how they might animate ours. (shrink)

This article is a general introduction to the psychology of reasoning. Specifically, it focuses on the dual process theory of human cognition. Proponents of the said two-system view hold that human cognition involves two processes (viz., System 1 and System 2). System 1 is an automatic, intuitive thinking process where judgments and reasoning rely on fast thinking and ready-to-hand data. On the other hand, System 2 is a slow, logical cognitive process where our judgments and reasoning rely on reflective, careful (...) analysis and data evaluation. Supposedly, these two cognitive processes are at play in every thinking task, and they sometimes work together and sometimes go against each other. (shrink)

We compare Gödel’s and Brouwer’s explorations of mysticism and its relation to mathematics.

The aim of this paper is twofold: The first part, drawing on Spinoza and Deleuze’s reading of Spinoza, develops a broad outline of what might be called a metaphysics of immanence. In the second part, I will propose to understand phenomenology in the context of this metaphysics of immanence and I will point to some methodological and ontological shifts in phenomenological research this metaphysical interpretation might entail.

American theologian Henry Nelson Wieman is given a search­ing examination in this volume of appraisals by eighteen contemporary scholars, representing a broad spectrum of religious affiliation. The essayists do not all agree with Wieman but they do agree that they are dealing with a theologian of stature. One of the great teachers of the twentieth century, from the University of Chicago, Mr. Wieman has profoundly influenced a whole generation of theological students, and through his books and other writings has communicated (...) effectively with countless readers, both lay and clergy. (shrink)

There are two sides to Adorno’s idea of natural history: showing that what appears to be natural is in fact subject to social change, while exposing social change as recurrence of the ever same. Focusing on the second side, this article explains how such a naturalisation can contribute to social critique. What distinguishes Adorno’s use of biological vocabulary from social Darwinism is the critical intention. Rather than scorning nature, naturalisation starts with the conventional notion of nature in order to unmask (...) it as a projection. ‘Nature’ in this sense is what we refuse to acknowledge about our own history. In so far as it does not establish any ontological claims about nature but aims at social transformation, Adorno’s strategy can be understood as a critical naturalism. In the process of demonstrating how human practices are part of nature, the underlying concept of nature is being transformed. (shrink)

Die Meisterwerke der Moralistik haben Millionen von Menschen als philosophische Lebensbegleiter gedient. Doch worum geht es in der Moralistik eigentlich? 0Die Moralistik befasst sich mit der Natur des Menschen und mit Möglichkeiten kluger, individueller Selbstbehauptung. Sie führt die antiken Ansätze einer philosophischen Klugheitslehre fort und besetzt damit einen in der neuzeitlichen Ethik vernachlässigten Teil der praktischen Philosophie. Ihre Meisterwerke vermitteln uns Menschenkenntnis und soziale Orientierung und stehen uns auf dem Weg eines gelingenden Lebens beratend zur Seite. In ihnen liegt der (...) Ursprung der modernen Philosophie der Lebenskunst. Das Buch stellt sowohl die Entwicklung der Moralistik als auch ihr philosophisches Anliegen anschaulich und gut lesbar dar. (shrink)

Medical ethics changed dramatically in the past 30 years because physicians and humanists actively engaged each other in discussions that sometimes led to confrontation and controversy, but usually have improved the quality of medical decision-making. Before then medical ethics had been isolated for almost two centuries from the larger philosophical, social, and religious controversies of the time. There was, however, an earlier period where leaders in medicine and in the humanities worked closely together and both fields were richer for it. (...) This volume begins with the 18th century Scottish Enlightenment when professors of medicine such as John Gregory, Edward Percival, and the American, Benjamin Rush, were close friends of philosophers like David Hume, Adam Smith, and Thomas Reid. They continually exchanged views on matters of ethics with each other in print, at meetings of elite intellectual groups, and at the dinner table. Then something happened, physicians and humanists quit talking with each other. In searching for the causes of the collapse, this book identifies shifts in the social class of physicians, developments in medical science, and changes in the patterns of medical education. Only in the past three decades has the dialogue resumed as physicians turned to humanists for help just when humanists wanted their work to be relevant to real-life social problems. Again, the book asks why, finding answers in the shift from acute to chronic disease as the dominant pattern of illness, the social rights revolution of the 1960's, and the increasing dissonance between physician ethics and ethics outside medicine. The book tells the critical story of how the breakdown in communication between physicians and humanists occurred and how it was repaired when new developments in medicine together with a social revolution forced the leaders of these two fields to resume their dialogue. (shrink)

When we hear the term "Japanese philosophy" we think of Zen Buddhism or the Shinto scriptures. Yet one of the great 20th century interpreters of Western philosophy, Nishida Kitaro, lived and wrote in the Japanese islands all his life, laboring at an ultimate synthesis of oriental thought and Western hermeneutics. To be sure, Nishida's aim was to understand his own cultural influences in relation to the Western world. What distinguished him, however, was his passion for rendering oriental metaphysics understandable in (...) the language of Western philosophy, and his attempts to contrast the paradoxicality of Buddhist logic with the logical strategies of Aristotle, Kant, or Hegel. Featured in this book is an interpretation of Nishida's writings. Professor Carter focuses on the Japanese thinker's notion of "basho," a concept of nothingness as field, place or topos as borrowed from Plato's Tim'us. Expounding on the logical foundations and archaic elements in Nishida's work, and carefully explaining Nishida's critical approach to the questions of God, religion and morality, and pure existence, this discerning book offers students of Western philosophy and oriental thought alike a highly readable introduction to the teachings of a true world philosopher. (shrink)

Do you want dynamic photos that bring a scene to life? With this book, your camera, and a little practice, you'll be able to create amazing HDR images.

In this paper I argue that the Sellarsian Myth of the Given does not apply to all forms of Non-Conceptualism; that Kant is in fact a non-conceptualist of the right-thinking kind and not a Conceptualist, as most Kant-interpreters think; and that an intelligible and defensible Kantian Non-Conceptualism can be developed which supports the thesis that true perceptual beliefs are non-inferentially justified and also normatively funded by direct, embodied, intentional interactions with the manifest world (a.k.a. the Grip of the Given).

_Detailed study of how Anaximander’s cosmological and philosophical conceptions were affected by architectural technologies._.

Even as today’s spectacular advances in science enhance the quality of life, so also are new opportunities created for those who would deliberately mislead a scientifically ill-informed public. The scientific community, made up of those who participate in professional science organizations and publish their methods and findings in the open scientific literature, have a responsibility to keep the public informed of scams carried out in the name of science. Fraud within the scientific community should be quickly exposed by the culture (...) of openness. Secrecy in the name of national security offers a refuge for fraudulent science. (shrink)