Presented by Metro Area Philosophers of Science
Spring 2020 Schedule:
Anthony Aguirre (UCSC) – “Entropy in long-lived genuinely closed quantum systems”
6:30-8:30pm Tuesday Feb 4; NYU Philosophy Department (5 Washington Place), 3rd floor seminar room.
David Papineau (King’s College London & CUNY) – “The Nature of Representation”
4:30-6:30pm Tuesday March 3; CUNY Graduate Center (365 5th Ave, NYC), room 5307.
Jim Holt (Author of Why Does the World Exist?) – “Here, Now, Photon: Why Newton was closer to EM than Maudlin is”
4:30-6:30pm Tuesday April 7; CUNY Graduate Center (365 5th Ave, NYC), room 5307.
Deborah Mayo (Virginia Tech)
4:30-6:30pm Tuesday April 28; CUNY Graduate Center (365 5th Ave, NYC), room 5307.
Jacob Soll, in conversation with Pierre Force, John Shovlin, Carl Wennerlind, and Emmanuelle Saada
After two government bailouts of the U.S. economy in less than twenty years, free market ideology is due for serious reappraisal. In Free Market: the History of an Idea, Jacob Soll details how we got to this current crisis, and how we can find our way out by looking to earlier iterations of free market thought. Contrary to popular narratives, early market theorists believed that states had an important role in building and maintaining free markets. But in the eighteenth century, thinkers insisted on free markets without state intervention, leading to a tradition of ideological brittleness. That tradition only calcified in the centuries that followed. Tracing the intellectual evolution of the free market from Cicero to Milton Friedman, Soll argues that we need to go back to the origins of free market ideology in order to truly understand it—and to develop new economic concepts to face today’s challenges.
Jacob Soll is professor of history and accounting at the University of Southern California. He has been awarded numerous prestigious prizes including two NEH Fellowships, the Jacques Barzun Prize, a Guggenheim Fellowship, and, in 2011, the MacArthur Fellowship. He also advises political and financial leaders across the globe to promote accounting standards and financial transparency.
Joining Jacob Soll to discuss his book will be: Pierre Force, Professor of French and History at Columbia; John Shovlin, Professor of History at NYU; and Carl Wennerlind, Professor of History at Barnard College. Emmanuelle Saada, Professor of History and French at Columbia, will moderate the discussion.
This event is co-sponsored by the Maison Française and the Department of History.
Naked Statistical Evidence and Verdictive Justice
To this day, many theorists regard the commodity theory and the credit theory as the two main rival accounts of the nature of money. Yet cryptocurrency has revolutionized the institution of money in ways that most commodity and credit theorists could hardly have anticipated. Assuming that cryptocurrency is a new form of money, the question arises whether the commodity and credit theories can adequately account for it. This talk argues that they cannot. It first offers an interpretation of the commodity and credit theories according to which these theories uphold differing claims about the origin of money, the ontology of money, and the function of money. It then argues that thus understood, neither theory can accommodate cryptocurrency. Finally, it proposes a novel hybrid hylomorphic account of money which draws on aspects of both the commodity and credit theories, and it argues that this hybrid account can accommodate cryptocurrency.
Interviewer: Graham Hubbs (University of Idaho)
We are pleased to announce the launch of a new and thought-provoking interview series: “In Conversation: Exploring the Philosophy of Money and Finance”. The series kicks off with a selection of esteemed contributors to the recently published book, The Philosophy of Money and Finance (OUP, 2024).
Each interview will be followed by a live debate, encouraging active audience participation. The sessions (interview plus debate) will be 30 minutes long.
chair: Emiliano Ippoliti (Sapienza University of Rome)
organization: Emiliano Ippoliti (Sapienza University of Rome); Joakim Sandberg (University of Gothenburg); Lisa Warenski (CUNY Graduate Center and University of Connecticut)
info: phinancenet@gmail.com; lwarenski@gc.cuny.edu ; emiliano.ippoliti@uniroma1.it
Philosophers tend to assume that money has only an instrumental relation to state legitimacy. This discussion explains how money raises state legitimacy issues of its own. Assuming a credit/debt theory of money, the state can be seen as an active participant in a credit economy of its own making. Insofar as a state issues or recognizes a money as a means of ruling people’s lives, it is subject to promissory requirements of redemption. This has significant implications for its legitimate and equitable management of a modern economy, the centerpiece of a social compact.
Interviewer: Richard Endörfer (University of Gothenburg)
We are pleased to announce the launch of a new and thought-provoking interview series: “In Conversation: Exploring the Philosophy of Money and Finance”. The series kicks off with a selection of esteemed contributors to the recently published book, The Philosophy of Money and Finance (OUP, 2024).
Each interview will be followed by a live debate, encouraging active audience participation. The sessions (interview plus debate) will be 30 minutes long.
chair: Emiliano Ippoliti (Sapienza University of Rome)
organization: Emiliano Ippoliti (Sapienza University of Rome); Joakim Sandberg (University of Gothenburg); Lisa Warenski (CUNY Graduate Center and University of Connecticut)
info: phinancenet@gmail.com; lwarenski@gc.cuny.edu ; emiliano.ippoliti@uniroma1.it
This talk examines the instruments suggested by the key policy document driving sustainable finance in the European Union, the Action Plan on Financing Sustainable Growth. It uses a reflexive law approach coupled with insights from epistemology. The chapter first discusses the Action Plan and the concept of reflexive law (which focuses on such epistemic instruments as disclosure, reporting, and labelling). It discusses a number of challenges the plan faces (about, e.g., investor ignorance, long-termism, scenario analysis, accounting standards). It then introduces an alternative to reflexive law (called “epistemic law”), and argues that disclosure, reporting, and labelling improve by taking into account insights from epistemology and social science concerning the form and content of information. The talk’s recommendation is, in a slogan, to provide different information, and to provide information differently.
Interviewer: Lisa Warenski (CUNY Graduate Center and University of Connecticut)
We are pleased to announce the launch of a new and thought-provoking interview series: “In Conversation: Exploring the Philosophy of Money and Finance”. The series kicks off with a selection of esteemed contributors to the recently published book, The Philosophy of Money and Finance (OUP, 2024).
Each interview will be followed by a live debate, encouraging active audience participation. The sessions (interview plus debate) will be 30 minutes long.
chair: Emiliano Ippoliti (Sapienza University of Rome)
organization: Emiliano Ippoliti (Sapienza University of Rome); Joakim Sandberg (University of Gothenburg); Lisa Warenski (CUNY Graduate Center and University of Connecticut)
info: phinancenet@gmail.com; lwarenski@gc.cuny.edu ; emiliano.ippoliti@uniroma1.it
The author argues that the credit system may improve distributive justice, but only indirectly, via job creation and government spending. The reason for this is that cheap credit on commercial terms is only available to people in the upper half of the wealth distribution. By contrast, the forms of credit available more widely are too expensive to make taking out credit a realistic option to escape poverty for most. However, credit can improve distributive justice indirectly, if entrepreneurs and corporations borrow for purposes that create jobs, or states spend borrowed funds on programs that address poverty or inequality. For these reasons, the author suggests that improving access to credit is less important from the perspective of distributive justice than how the credit system interacts with the tax system and labor laws.
Interviewer: Lisa Warenski (CUNY Graduate Center and University of Connecticut)
We are pleased to announce the launch of a new and thought-provoking interview series: “In Conversation: Exploring the Philosophy of Money and Finance”. The series kicks off with a selection of esteemed contributors to the recently published book, The Philosophy of Money and Finance (OUP, 2024).
Each interview will be followed by a live debate, encouraging active audience participation. The sessions (interview plus debate) will be 30 minutes long.
chair: Emiliano Ippoliti (Sapienza University of Rome)
organization: Emiliano Ippoliti (Sapienza University of Rome); Joakim Sandberg (University of Gothenburg); Lisa Warenski (CUNY Graduate Center and University of Connecticut)
info: phinancenet@gmail.com; lwarenski@gc.cuny.edu ; emiliano.ippoliti@uniroma1.it