While the theory of public goods points to socially suboptimal contributions by agents acting under Cournot assumptions, this externality can be rectified by the introduction of positive interdependence of actions to the individual's choice calculus. This paper draws attention to the fact that the institution of democratic voting is itself a means of transforming the individual calculus in such a way that parameter changes are evaluated as simultaneous adjustments by the group, on the side of benefits, but by the individual (...) only, on the side of costs, thus generating optimal parameter preference in the case of identical agents. (shrink)

Since its inauguration in 1932, the Whitney Biennial has fostered contemporary artistic innovation and diversity, becoming a highly anticipated event in the art world. The 2010 Biennial is curated by Francesco Bonami and Gary Carrion-Murayari and features works by approximately 55 artists working in a variety of media and practices. Uniquely, this catalogue serves as both a handsome accompaniment to the 2010 exhibition and an insightful exploration of the significance of this acclaimed and often controversial event throughout its history. In (...) addition to presenting full-colour reproductions of the selected artists' recent work, the curators have prepared a joint essay on the 2010 exhibition, and a group of writers contributed brief entries on the represented artists' techniques, influences and recent work. Exhibition: Whitney Museum of American Art, 25 February - 30 May 2010. (shrink)

Together with Plato's Republic, Jean-Jacques Rousseau's Social Contact is regarded as one of the most original examples of Utopian political engineering in the history of ideas. Similar to the Republic, Rousseau's Social Contract is better known today for its author's idiosyncratic view of political justice than its lessons on law-making or governance in any concrete sense. Challenging this common view, Rousseau, Law and the Sovereignty of the People examines the Genevan's contribution as a constitutionalist and builder of institutions, relating his (...) major ideas to issues and debates in twenty-first century political science. Ethan Putterman explores how Rousseau's just state would actually operate, investigating how laws would be drafted, ratified and executed, arguing that the theory of the Social Contract is more pragmatic and populist than many scholars assume today"--Provided by publisher. (shrink)

Recent years have seen the flowering of a new literature on the economic nature of firms marked by a concern with their internal organization and contractual characteristics. Related literatures on the principal-agent problem and the theory of financial markets have also contributed to a better understanding of firms as economic institutions. However, the place of the concept of the ownership of the firm is poorly developed in most of this literature, with many writers either ignoring the concept entirely or arguing (...) that it is of no importance. The purpose of the present article is to point out that the concept of ownership of firms is crucial to an understanding of internal governance issues. Most economists implicitly presume that firms must be ownable and saleable if they are to be operated efficiently, and recently this viewpoint has been made more explicit by writers such as Jensen and Fama and Williamson. Their point of view is to some degree at odds with views of the firm as a coalition, which frequently appear in the same literature, and even more fundamentally in conflict with conceptions of the firm as an association or polity within which greater or lesser degrees of democracy in governance may be pursued. The first purpose of this article is to show that the incompletely articulated position of the leading authors on the economics of organization is that the firm is a commodity and must be so for purposes of efficiency. (shrink)

Socrates' position in the Republic is usually opposed to the position taken by Thrasymachus, and with good reason. Still, there may be some value in recognizing the extent of their agreement. Both men see clearly what is going on in Athens. Thrasymachus, however, sees no further: this is the way things are, and there is nothing to indicate that they will ever get better. Socrates accepts Thrasymachus' factual statements. Indeed, he has little choice but to accept them, especially if he (...) is to head off the criticism that his account bears no relation to the real world, or to the reality that most people, including Thrasymachus, see. To move beyond Thrasymachus' description of what is, Socrates must find a way to convert the question from one of fact to one of value. Only then will he be in a position to ‘persuade those who will listen’. (shrink)

For many readers, Rousseau's views on property represent the most ambiguous and contradictory aspect of an already undeveloped economic theory. In this paper, I re-examine this popular criticism from the standpoint of the philosopher's well-known critique of public opinion to argue that property is a more consistent and systematically articulated concept in Rousseau's writings than may appear. I argue that opinion, rather than private property, poses the greatest danger to self-made law and that the narrowness and peculiarity of its political (...) threat demonstrates Rousseau's restrictions against private wealth to be less comprehensive than many believe. (shrink)

The species concept is one of the oldest and most fundamental in biology. And yet it is almost universally conceded that no satisfactory definition of what constitutes a species has ever been proposed. The present article is devoted to an attempt to review the status of the problem from a methodological point of view. Since the species is one of the many taxonomic categories, the question of the nature of these categories in general needs to be entered into.

Helga Griffiths is a Germany-based Multi-Sense-Artist working at the intersection of art, science and technology.

This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR'd book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our (...) continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. (shrink)

The paper focuses on Rousseau’s understanding of passionate life and especially his interpretation of erotic desire in Émile . The main argument presented is that Rousseau by his studies of erotic desire gives us at present day the possibility of radicalizing our understanding of human being in pedagogy. Firstly, by allowing us to rethink passions as important phenomena in human life and secondly, by understanding pedagogical practice as an arena which is part of forming passions, including erotic desire.