Integrating personality, behavioral, and cognitive theories of change, the author examines the operations, measurement, and evolution of behavioral and ethical standards that distinguish capitalism from other ideologies.

There is not, of course, a one-to-one relation between policy conclusions and the conclusions of positive economics; if there were, there would be no ...

Entrevista com o geógrafo brasileiro Milton Santos, onde ele faz uma profunda reflexão sobre o Brasil e o mundo atual, abordando criticamente temas como a globalização, a ideologização da vida social, a geografia como disciplina crítica e o papel do intelectual nos dias atuais.

What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications.Central to the new theory is its sharp distinction between two concepts of income, measured income, (...) or that which is recorded for a particular period, and permanent income, a longer-period concept in terms of which consumers decide how much to spend and how much to save. Milton Friedman suggests that the total amount spent on consumption is on the average the same fraction of permanent income, regardless of the size of permanent income. The magnitude of the fraction depends on variables such as interest rate, degree of uncertainty relating to occupation, ratio of wealth to income, family size, and so on.The hypothesis is shown to be consistent with budget studies and time series data, and some of its far-reaching implications are explored in the final chapter. (shrink)

In this work the distinguished philosopher Milton Munitz provides a lucid account of the chief empirical findings and theories of recent cosmology and a systematic assessment of their broader philosophical implications.

Servant leadership has been theorized as a model where the moral virtue of humility co-exists with action-driven behavior. This article provides an empirical study that tests how these two apparently paradoxical aspects of servant leadership interact in generating follower engagement, while considering the hierarchical power of the leader as a contingency variable. Through a three-way moderation model, a study was conducted based on a sample of 232 people working in a diverse range of companies. The first finding is that humble (...) leaders showed the highest impact on follower engagement regardless of their hierarchical position. Less humble leaders in lower hierarchical positions seem to be able to compensate for that through a strong action-oriented leadership style. Most notably for leaders in high hierarchical positions, the moral virtue of humility seems to strengthen the impact of their action-oriented leadership the most. These findings provide empirical support and a better understanding of the interplay between the moral virtue of humility and the action-oriented behaviors of servant leadership. (shrink)

The scandals of the 1980s, extending into the 1990s, came as a profound shock to Australians and New Zealanders. Both countries have prided themselves – somewhat smugly and naively – on being open, fair and honest societies. So it was very disillusioning to see both corruption and gross dereliction of duty exposed in virtually every sphere of public life. Perhaps the most positive outcome, however, amidst an almost daily diet of amazing revelations, has been the ability of the system – (...) and especially the judiciary and the media – to expose and deal with corruption even at the highest level.Following an extensive survey and literature review, it is clear that there is now widespread awareness of the need for reform in many areas of public administration, corporate governance and professional behaviour. However, a continuing cause for concern is the lack of leadership in identifying and addressing complex ethical dilemmas, particularly in the areas of conflict of interest and disclosure. (shrink)

In pursuit of this goal, Munitz contends that we must recognize a basic distinction between two important dimensions of Reality: (1) the observable universe - the domain of interactive existents (including human existents) open to increasingly refined identification of its varied contents, their intelligibility, and - in very limited cases - to human control, and (2) Boundless Existence, a wholly unintelligible, transcendent aspect of Reality that should not to be confused with common theistic conceptions of God.

This study assessed the extent to which college students, tomorrow's executives, agreed with various commonly heard assertions regarding the tactics of those climbing the corporate career ladder. The study used essentially the same data collection instrument as that used in a recent study of business executives. The results indicate a highly significant relationship of the opinions to church affiliation, citizenship, and race of the subjects. Moderate levels of significant opinion differences related to the subjects' school, age, social class, and gender. (...) The subjects' opinions were not significantly related to their academic department, gradepoint average, or work experience. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Buddhist-Christian Studies 20 (2000) 191-216 [Access article in PDF] In the Beginning: Hebrew God and Zen Nothingness Milton ScarboroughCentre College, Danville, KentuckyIn the 1960s, during the heyday of the so-called "Marxist-Christian dialogue," Leslie Dewart, one of the participants in the exchange, delivered himself of what I took to be a stunning and memorable utterance: "To put it lightly: the whole difference between Marxist atheism and Christian theism has (...) to do with the existence of God." 1 Now, at the end of the millennium, we are several decades into a Buddhist-Christian dialogue, precipitated by a shrinking globe, the growing presence of Buddhist communities and institutions in the West, and the initiative of the Kyoto School of Zen Buddhism. The dialogue has occurred along a variety of fronts. In terms of monastic life, for example, monks from the two traditions have discovered that they often feel a more powerful bond with each other than with laypersons of their own faiths. Some years ago I was a retreatant at Gethsemane Abbey in central Kentucky. Looking down from the sanctuary's balcony, where laypersons and other guests were required to sit, I noticed three Tibetan Buddhist monks in the choir, surrounded by Trappists and engaged in chanting the liturgy, something I, as a Christian, was not, at the time, permitted to do. In the domain of ethics, similarities and differences between Buddhist compassion (karuna) and Christian love (agape) have been carefully noted. In soteriology, comparisons have been made between Christ as savior and the bodhisattva as savior. Nevertheless, when it comes to an examination of ultimate reality in the two religions, the differences are obvious and stark. Traditionally, and still today for the most part, Christians are committed to some variety of theism. On the other hand, Masao Abe observes, "Unlike Christianity, however, Buddhism is fundamentally not theistic and does not accept one personal God as the ultimate reality but sunyata.... In Buddhism there is nothing permanent, self-existing, and absolutely good." 2 In this regard, I am tempted to parallel Dewart's comment by saying, "The whole difference between Buddhist atheism and Christian theism has to do with the existence of God." 3The parallel, however, is not entirely accurate because more recently some members of the Kyoto School of Zen have shown a willingness to speak of God, most notably, Masao Abe himself. 4 On the other hand, they contend that God might be described better in conceptual categories other than 'being,' which is habitually used in the West. Abe, for example, has proposed a reformulation of the idea of God in [End Page 191] terms of sunyata. 5 Like many other participants in the Buddhist-Christian dialogue, he finds an initial justification for such a reconceptualization in Philippians 2:5-8, where Christ's self-emptying (kenosis) has its biblical grounding. According to traditional Christian theological understanding, between the incarnation and resurrection Christ either abandoned, concealed, or restrained--these words represent variant interpretations--his divine nature, such as his attributes of omniscience, omnipotence, and omnipresence, in order to condescend to his humanity and, hence, to ours. This leads to the heart of Abe's proposal, which consists of bringing to bear on the trinitarian view of God Mahayana Buddhism's ample resources for critiquing the idea of substance, in which the traditional version of the doctrine is cast. Just as the Buddha attacked the Brahmanical doctrine of the atman, a spiritual substance underlying the self of all things, and Nagarjuna attacked the Sarvastivadins' notion of svabhava, a material substance underlying all Dharmas or fundamental elements constituting reality, so Abe provides a critique of the Christian view of God as three persons in one ousia or substance. 6 Both the three persons of the trinity, on the one hand, and the relation of the trinitarian God to the rest of the universe, on the other, he understands as interdependent and co-existent rather than as independent and self-existent. Thus, the theory of the trinity is purged of the Greek concept of substance and its implications.Abe's proposal represents... (shrink)

The following questions are discussed here. Is induction a reasonable procedure in the context of a denial of physically necessary connections? What is physical necessity? If induction does presuppose physical necessity, what amount of it is presupposed? It is argued that with logic as the only restriction on what is to count as a possible world, it is unreasonable to claim that observed connections, whether universal or statistical, will continue to hold. The concept of physical necessity is no more problematic (...) than that of logical necessity, once it is recognized that the necessity of physical and logical necessity is the same. A variant of Keynes' principle of limited independent variety answers the question of the amount of physical necessity presupposed. (shrink)

John Milton was not only the greatest English Renaissance poet but also devoted twenty years to prose writing in the advancement of religious, civil and political liberties. The height of his public career was as chief propagandist to the Commonwealth regime which came into being following the execution of King Charles I in 1649. The first of the two complete texts in this volume, The Tenure of Kings and Magistrates, was easily the most radical justification of the regicide at (...) the time. In the second, A Defence of the People of England, Milton undertook to vindicate the Commonwealth's cause to Europe as a whole. They are central to an understanding both of the development of Milton's political thought and the climax of the English Revolution itself. This is the first time that fully annotated versions have been published together in one volume, and incorporates a wholly new translation of the Defence. The introduction outlines the complexity of the ideological landscape which Milton had to negotiate, and in particular the points at which he departed radically from his sixteenth-century predecessors. Further aids to students include a full chronology of Milton's life and important contemporary events, a select bibliography and biographies of persons mentioned in the text. (shrink)

Ma and Sun have recently argued that some forms of insider trading are ethically acceptable. We argue that the authors fail to prove three key premises of their argument, which is therefore unsound.

J. R. and Philip Milton present the first critical edition of John Locke's Essay concerning Toleration, based on all extant manuscripts, and a number of other writings on law and politics composed between 1667 and 1683. Although Locke never published any of these works himself they are of very great interest for students of his intellectual development because they are markedly different from the early works he wrote while at Oxford and show him working out ideas that were to (...) appear in his mature political writings, the Two Treatises of Government and the Epistola de Tolerantia. With authoritative contextual guidance from the editors, this will be an invaluable resource for all historians of early modern philosophy, of legal, political, and religious thought, and of 17th century Britain. (shrink)

Environmentalists often argue that, in order to address fundamentally the harmful impact of their activities on the environment, western industrial societies need to change their attitude to nature. Specifically, they need to see nature as sacred, and to acknowledge that humanity is a part of nature rather than separate from it. In this paper, I seek to show that these tow ideas are incompatible in the context of western culture. Drawing particularly on ideas expressed by western conservationists, I argue that (...) nature is already seen as sacred, and that its sacredness depends on it being seen as separate from humanity, an idea which effectively contradicts the scientific knowledge on which many conservationists base their actions. Goodin's green theory of value is used as a source of ideas about why non-human nature is experienced as sacred, and can be extended to suggest that other values, such as 'development' and progress', are also seen as sacred. (shrink)