This article advocates opening up international securities regulation to greater regulatory competition than the scant competition that exists at present. After sketching the contours of an international regime of regulatory competition in securities laws and the reasons why such competition is desirable, the article provides a detailed response to objections that have been raised to a proposal for a competitive securities regime that was principally focused on the United States, objections that would accordingly also be raised against this article’s proposal. (...) These include whether the U.S. securities regime is directed at mitigating problems regarding disclosure of interfirm externalities and whether international competition will result in a regulatory race to the lowest level of disclosure. Because the analysis in support of regulatory competition in securities law draws upon the learning regarding competition across U.S. states over the production of corporate law, which has been successful in creating a regime that, on balance, benefits shareholders, the article concludes by demonstrating that recent critiques of the efficacy of state-charter competition are unfounded. (shrink)

De alguna u otra manera, los viajes han cautivado a los filósofos clásicos y medievales. Entre ellos, en la siguiente reseña se discutirá la posición de Lucio Anneo Séneca, filósofo romano-español contemporáneo de los emperadores Cayo César Germánico (Calígula) y Claudio Nerón César, de quien llegó a ser consejero personal.

Le devenir-autre de l'existence est une étude phénoménologique à la fois systématique et historique. En prenant pour fil conducteur un problème systématique, celui de l'événementialité de l'apparaître et de la subjectivité, elle confronte cinq représentants majeurs de la phénoménologie contemporaine française : Maldiney, Romano, Marion, Barbaras et Richir. L'étude entre dans la phénoménologie avec Husserl avant de présenter plusieurs concepts-clés forgés par les deux générations de philosophes qui jalonnent la voie menant à la phénoménologie contemporaine (Heidegger, Sartre, Straus, Merleau-Ponty, (...) Patocka, Lévinas). Puis elle se focalise sur la phénoménologie de l'événement de Maldiney et de Romano qui envisagent l'existant et le monde dans leur coappartenance : l'événement est considéré avant tout comme co-naissance du sujet et du monde. Or, puisque l'existence qui devient-autre est nécessairement une existence finie radicalement séparée de la transcendance métaphysique du monde, on est conduit à intégrer à la discussion trois autres philosophes : d'abord Marion dont l'adonné est conçu comme limite de la donation, puis Barbaras et Richir qui thématisent la subjectivité au sein d'une métaphysique"--Page 4 of cover. (shrink)

Choral Identity and the Chorus of Elders in Greek Tragedy challenges the commonly held view that choruses are marginalized by the roles they play in classical Athenian tragedy. Focusing on those tragedies that feature a chorus representing old men who are elders of the community where the action is taking place, Dhuga argues that these elders, as elders, are not necessarily marginal and can even become in some ways central to the represented action.

Bu eser onlarca ulkede, seckin magazalarda satisa sunulmustur. Satin alabileceginiz ulke ve networkleri http: //cagaloglu.com/tr/dergah-yayinlari adresinden gorebilirsiniz.

В книге представлены статьи современных российских философов, писателей, литературоведов о творчестве и миросозерцании русского философа и писателя Василия Васильевича Розанова (1856-1919). Труды розановедов собраны за последние 25 лет.

This article responds to Professor Romano’s piece in this issue. It concerns our ongoing debate with regard to the desirability of permitting issuers to choose the securities regulation regime by which they are bound. Romano favors issuer choice, arguing that it would result in jurisdictional competition to offer issuers share value maximizing regulations. I, in contrast, believe that abandoning the current mandatory system of federal securities disclosure would likely lower, not increase, U.S. welfare. Each issuer, I argue, would (...) select a regime requiring a level of disclosure less than is socially optimal because its private costs of disclosure would be greater than the social costs of such disclosure. Professor Romano and I agree on most of the basic analytic building blocks for deciding whether issuer choice is a desirable reform: belief in analyzing the problem in terms of the broadly accepted principles of modern financial economics; recognition that disclosure has costs as well as benefits; and acknowledgment that incentives exist for issuers to provide at least some disclosure. We nevertheless reach the opposite conclusion on the desirability of issuer choice. To start, Romano believes that issuers’ private costs of disclosure will not generally be greater than the social costs of such disclosure, whereas I show they will be. Romano argues as well that this is a special case in which any divergence of private and social costs that does exist will not lead to a market failure, at least one possibly correctable by public regulation. I show her argument to be unpersuasive. Finally, Romano interprets the existing empirical evidence as proving mandatory disclosure’s lack of social value, while I show that the evidence in fact does not point in either direction. Where, as here, the theoretical case for the existence of a market failure is strong and the current program for dealing with it is widely admired, the advocate of change should have the burden of proof. Professor Romano has not met this burden. If she is serious about advancing her proposal for issuer choice, she needs to show that despite the market failure inherent in issuer choice, there is inevitably an even greater failure in the regulatory response. Absent such a showing, mandatory disclosure should be retained. (shrink)

During his Jena period, Fichte endorses a curious dictum: ‘the kind of philosophy one chooses depends on the kind of person one is’. How can Fichte’s dictum support a vindication of German idealism over Spinozism, which he also calls ‘dogmatism’? I will show that the answer to this seemingly straightforward question reveals a rather complex series of metametaphysical objections that shape the development of the entire German idealist tradition. Ultimately, as I will suggest, the series of metametaphysical questions that shape (...) the German idealist tradition must culminate in the question of how to understand the relation between philosophy and its presuppositions. I will conclude by briefly considering a hermeneutical response to this question. (shrink)

v. 1. Sŏngnihak pʻyŏn -- v. 2. Kyŏngse sasang pʻyŏn.

The article recalls the anti-molecular transformation of biology 100 hundred years ago. The author recounts protein chemist Wolfgang Pauli’s announcement of a new era of biomedical research in 1905. Colloidal chemistry was supposed to be the center of the era described by Pauli. The author discusses the aspects that remained from the three decades in which colloidal science exerted a great influence on biological and biochemical research.