Over the past decade, a number of accounting and financial reporting frauds have led to lost stock wealth, destroyed public trust, and a worldwide recession that called for necessary reform. Regulatory responses and systemic reforms quickly followed, and we show that, while necessary, these reforms are insufficient. The purpose of this paper is to forward virtuous professionalism as a necessary path toward restoring financial reporting systems. We take the position of external observer and analyze the accounting profession over time to (...) assess what has transpired within our financial reporting systems. Our analysis reveals that the combined influence of commercialism and regulatory response has led to a systemic decline in accounting’s professional ideals and, as a result, an erosion of public trust. We then propose virtuous professionalism as a necessary process for restoring financial reporting systems based on sociological, professional, and philosophical theories. We argue that virtuous professionalism is necessary for restoring the public servant identity of the accounting professional. We conclude that efforts to restore financial reporting systems should begin with reforms that restore professional identity shaped by virtues. (shrink)

Corporations and investors are responding to recent major ethical scandals with increased attention to the social impacts of business operations. In turn, business colleges and their international accrediting body are increasing their efforts to make students more aware of the social context of corporate activity. Business education literature lacks data on student attitudes toward such education. This study found that postscandal business students, particularly women, are indeed interested in it. Their interest is positively related to their past donation, volunteerism, and (...) non-profit organization membership activities, whether limited or extensive. Some evidence supports the proposition that education can modify internal principles over time. We offer suggestions for classroom and program uses of these findings in hopes of enriching the vision of future business managers. (shrink)

Corporations and investors are responding to recent major ethical scandals with increased attention to the social impacts of business operations. In turn, business colleges and their international accrediting body are increasing their efforts to make students more aware of the social context of corporate activity. Business education literature lacks data on student attitudes toward such education. This study found that postscandal business students, particularly women, are indeed interested in it. Their interest is positively related to their past donation, volunteerism, and (...) non-profit organization membership activities, whether limited or extensive. Some evidence supports the proposition that education can modify internal principles over time. We offer suggestions for classroom and program uses of these findings in hopes of enriching the vision of future business managers. (shrink)

Control measures, such as “lockdowns”, have been widely used to suppress the COVID-19 pandemic. Under some conditions, they prevent illness and save lives. But they also exact an economic toll. How should we balance the impact of such policies on individual lives and livelihoods (and other dimensions of concern) to determine which is best? A widely used method of policy evaluation, benefit–cost analysis (BCA), answers these questions by converting all the effects of a policy into monetary equivalents and then summing (...) them up. A different method, social welfare analysis, proceeds by determining the effects of a policy on individual wellbeing and then applying an aggregation formula to them to evaluate the overall effects of a policy. In this chapter, we survey these methods and argue that social welfare analysis has important advantages. One crucial advantage is that it enables ethical considerations relating to the impact of policies on individual wellbeing and its distribution to be incorporated into policy assessments in a transparent way. We illustrate this with a simple numerical model for evaluating pandemic policies that vary in terms of the stringency of the controls that they impose on individual behaviour, showing how the evaluation depends on the ethical significance accorded to their impact on the wellbeing of different age and income groups. (shrink)

In Vagueness and Contradiction (2001), Roy Sorensen defends and extends his epistemic account of vagueness. In the process, he appeals to connections between vagueness and semantic paradox. These appeals come mainly in Chapter 11, where Sorensen offers a solution to what he calls the no-no paradox—a “neglected cousin” of the more famous liar—and attempts to use this solution as a precedent for an epistemic account of the sorites paradox. This strategy is problematic for Sorensen’s project, however, since, as we establish, (...) he fails to resolve the semantic pathology of the no-no paradox. (shrink)

Stephen Read has presented an argument for the inconsistency of the concept of validity. We extend Read’s results and show that this inconsistency is but one half of a larger problem. Like the concept of truth, validity is infected with what we call semantic pathology, a condition that actually gives rise to two symptoms: inconsistency and indeterminacy. After sketching the basic ideas behind semantic pathology and explaining how it manifests both symptoms in the concept of truth, we present cases that (...) establish the indeterminacy of validity and that link this indeterminacy with the concept’s inconsistency. Our conclusion is that an adequate treatment of the semantic pathology thus revealed must deal with both of its symptoms. Further, it must extend to the occurrences of this condition elsewhere: in the concept of truth, in the other central semantic notions, and even in certain philosophical concepts outside semantics. (shrink)

In this paper, we set out what we see as a novel, and very promising, approach to resolving a number of the familiar linguistic puzzles that provide philosophy of language with much of its subject matter. The approach we promote postulates semantic pretense at work where these puzzles arise. We begin by briefly cataloging the relevant dilemmas. Then, after introducing the pretense approach, we indicate how it promises to handle these putatively intractable problems. We then consider a number of objections (...) to pretense views, taking this as an opportunity to provide more detailed explanation of what a pretense account amounts to, what the pretense approach commits us to, and why it is a promising approach in philosophy of language. (shrink)

Freedom and the Rule of Law takes a critical look at the historical beginnings of law in the United States, and how that history has influenced current trends regarding law and freedom. Anthony Peacock has compiled articles that examine the relationship between freedom and the rule of law in America. The rule of law is fundamental to all liberal constitutional regimes whose political orders recognize the equal natural rights of all.

In this book, Bradley Armour-Garb and James A. Woodbridge distinguish various species of fictionalism, locating and defending their own version of philosophical fictionalism. Addressing semantic and philosophical puzzles that arise from ordinary language, they consider such issues as the problem of non-being, plural identity claims, mental-attitude ascriptions, meaning attributions, and truth-talk. They consider 'deflationism about truth', explaining why deflationists should be fictionalists, and show how their philosophical fictionalist account of truth-talk underwrites a dissolution of the Liar Paradox and (...) its kin. They further explore the semantic notions of reference and predicate-satisfaction, showing how philosophical fictionalism can also resolve puzzles that these notions appear to present. Their critical examination of fictionalist approaches in philosophy, together with the development and application of their own brand of philosophical fictionalism, will be of great interest to scholars and upper-level students of philosophy of language, metaphysics, philosophical logic, philosophy of mind, epistemology, and linguistics. (shrink)

We address a recent proposal concerning ‘surplus structure’ due to Nguyen et al.. We argue that the sense of ‘surplus structure’ captured by their formal criterion is importantly different from—and in a sense, opposite to—another sense of ‘surplus structure’ used by philosophers. We argue that minimizing structure in one sense is generally incompatible with minimizing structure in the other sense. We then show how these distinctions bear on Nguyen et al.’s arguments about Yang-Mills theory and on the hole argument.

We argue that several apparently distinct responses to the hole argument, all invoking formal or mathematical considerations, should be viewed as a unified “mathematical response.” We then consider and rebut two prominent critiques of the mathematical response before reflecting on what is ultimately at issue in this literature.

Deflationism about truth, what is often simply called “deflationism”, is really not so much a theory of truth in the traditional sense, as it is a different, newer sort of approach to the topic. Traditional theories of truth are part of a philosophical debate about the nature of a supposed property of truth. Philosophers offering such theories often make suggestions like the following: truth consists in correspondence to the facts; truth consists in coherence with a set of beliefs or propositions; (...) truth is what is acceptable in the ideal limit of inquiry. According to deflationists, such suggestions are mistaken, and, moreover, they all share a common mistake. The common mistake is to assume that truth has a nature of the kind that philosophers might find out about and develop theories of. The main idea of the deflationary approach is (a) that all that can be significantly said about truth is exhausted by an account of the role of the expression ‘true’ or of the concept of truth in our talk and thought, and (b) that, by contrast with what traditional views assume, this role is neither metaphysically substantive nor explanatory. For example, according to deflationary accounts, to say that ‘snow is white’ is true, or that it is true that snow is white, is in some sense strongly equivalent to saying simply that snow is white, and this, according to the deflationary approach, is all that can be said significantly about the truth of ‘snow is white’. Philosophers looking for some underlying nature of some truth property that is attributed with the use of the expression ‘true’ are bound to be frustrated, the deflationist says, because they are looking for something that isn’t there. Deflationism comprises a variety of different versions, each of which have gone by different names, including at least the following: disquotationalism, minimalism, prosententialism, the redundancy theory, the disappearance theory, the no-truth theory. There has not always been terminological consensus in the literature about how to use these labels: sometimes they have been used interchangeably; sometimes they have been used to mark distinctions between different developments of the same general approach. The actual variety of deflationary views has not always been clear in discussions of this approach, especially in the earlier literature, where important differences are occasionally missed. To help clear this up, we will use ‘deflationism’ to denote the general approach we want to discuss and reserve other names for specific versions of that approach. (shrink)

It is our contention that an ontological commitment to propositions faces a number of problems; so many, in fact, that an attitude of realism towards propositions—understood the usual “platonistic” way, as a kind of mind- and language-independent abstract entity—is ultimately untenable. The particular worries about propositions that marshal parallel problems that Paul Benacerraf has raised for mathematical platonists. At the same time, the utility of “proposition-talk”—indeed, the apparent linguistic commitment evident in our use of 'that'-clauses (in offering explanations and making (...) predictions)—is also in need of explanation. We account for this with a fictionalist analysis of our use of 'that'-clauses. Our account avoids certain problems that arise for the usual error-theoretic versions of fictionalism because we apply the notion of semantic pretense to develop an alternative, pretense-involving, non-error-theoretic, fictionalist account of proposition-talk. (shrink)

In this paper, we do two things. First, we provide some support for adopting a version of the meaningless strategy with respect to the liar paradox, and, second, we extend that strategy, by providing, albeit tentatively, a solution to that paradox—one that is semantic, rather than logical.

The notion of stakeholder salience based on attributes (e.g., power, legitimacy, urgency) is applied in the family business setting. We argue that where principal institutions intersect (i.e., family and business); managerial perceptions of stakeholder salience will be different and more complex than where institutions are based on a single dominant logic. We propose that (1) whereas utilitarian power is more likely in the general business case, normative power is more typical in family business stakeholder salience; (2) whereas in a general (...) business context legitimacy is socially constructed; for family stakeholders, legitimacy is based on heredity; and (3) whereas temporality and criticality are somewhat independent in general-business urgency, they are linked in the family business case because of family ties and family-centered non-economic goals. We apply this theoretical framework to position and integrate the contributions to this special section of Business Ethics Quarterly on “Stakeholder Theory, Ethics, Corporate Social Responsibility, and Family Enterprise.”. (shrink)

We argue that if Stephen Yablo (2005) is right that philosophers of mathematics ought to endorse a fictionalist view of number-talk, then there is a compelling reason for deflationists about truth to endorse a fictionalist view of truth-talk. More specifically, our claim will be that, for deflationists about truth, Yablo’s argument for mathematical fictionalism can be employed and mounted as an argument for truth-theoretic fictionalism.

Over the past 25 years, Graham Priest has ably presented and defended dialetheism, the view that certain sentences are properly characterized as true with true negations. Our goal here is neither to quibble with the tenability of true, assertable contradictions nor, really, with the arguments for dialetheism. Rather, we wish to address the dialetheist's treatment of cases of semantic pathology and to pose a worry for dialetheism that has not been adequately considered. The problem that we present seems to have (...) broader bite, afflicting both consistent and inconsistent proposals for resolving semantic pathology. Thus, while our primary goal is to uncover some important connections between dialetheism, semantic pathology, and other, more general issues, the problem that we pose might be a worry for anyone who aims to resolve semantic pathology - consistently or not. (shrink)

I will argue that 'Continental Philosophy' is an Anglo-American invention. It is 'Pseudo-Continentalism,' no more than a highly selective rendering of Western European Philosophy. Borne out of opposition to the dominance of analytical philosophy in our universities, Pseudo-Continentalism in fact converges with analysis in remarkable ways. Both are advertised as revolutions in thought and both stand over against the tradition of speculative philosophy: both repeat eachother's historical shibboleths about traditional speculative philosophy in respect of the completeness of reason and of (...) reality, the priority of identity and totality, the predetermined fixity of teleology. What this amounts to is a common rejection of a chimera, which in Pseudo-Continental Philosophy is usually called onto-theology or the metaphysics of presence and in the analytic tradition is sometimes called speculative philosophy. Here, indeed, the analytic tradition is moreradical: as I will show, it characteristically rejects any notion of a special kind of activity of actualisation as a feature of the real, whether this is understood as Being, mind, will, the élan vital. Difference, or the impotential. These are the vestiges of the tradition of speculative philosophy that are retained under the rubric of Continental Philosophy. (shrink)

In this paper, we do two things. First, we clarify the notion of deflationism, with special attention to deflationary accounts of truth. Second, we argue that one who endorses a deflationary account of truth (or of semantic notions, generally) should be, or perhaps already is, a pretense theorist regarding truth-talk. In §1 we discuss mathematical fictionalism, where we focus on Yablo’s pretense account of mathematical discourse. §2 briefly introduces the key elements of deflationism and explains deflationism about truth in particular. (...) §3 discusses why deflationary accounts of truth should be construed as pretense accounts and gives a preliminary sketch of a particular pretense account of truth-talk. §4 addresses a main objection to a pretense account, and §5 concludes. (shrink)

The notion of stakeholder salience based on attributes (e.g., power, legitimacy, urgency) is applied in the family business setting. We argue that where principal institutions intersect (i.e., family and business); managerial perceptions of stakeholder salience will be different and more complex than where institutions are based on a single dominant logic. We propose that (1) whereas utilitarian power is more likely in the general business case, normative power is more typical in family business stakeholder salience; (2) whereas in a general (...) business context legitimacy is socially constructed; for family stakeholders, legitimacy is based on heredity; and (3) whereas temporality and criticality are somewhat independent in general-business urgency, they are linked in the family business case because of family ties and family-centered non-economic goals. We apply this theoretical framework to position and integrate the contributions to this special section of Business Ethics Quarterly on “Stakeholder Theory, Ethics, Corporate Social Responsibility, and Family Enterprise.”. (shrink)

Note: This is a "pre-review" version, not the final version that will be published. -/- In “Nothing is True,” Will Gamester defends a form of alethic nihilism that still grants truth-talk a kind of legitimacy: an expressive role that is implemented via a pretense. He argues that this view has all of the strengths of deflationism, while also providing an elegant resolution of the Liar Paradox and its kin. For the alethic nihilist, Liar and related sentences are not true, and (...) that is the end of the story. No contradiction arises because it does not thereby follow that any of these sentences are also true, since nothing is. Gamester concludes that the simplicity of this response to the semantic paradoxes makes alethic nihilism an attractive approach. We disagree. In addition to providing insurmountable obstacles for his form of alethic nihilism, we contend that a certain form of non-nihilist deflationism is better placed to deal with the paradoxes and to account for truth-talk more generally. (shrink)

Bradley's rich and complex version of Absolute Idealism plays a key role not only in Idealist philosophy, politics, and ethics, but also in the development of modern logic, analytical philosophy, and pragmatism, as well as in the thinking of such figures as R. G. Collingwood and A. N. Whitehead. Topics covered include: the history of Idealism in the twentieth century; Bradley's relation to figures such as Bernard Bosanquet, C. A. Campbell, Brand Blanshard, John Watson, John Dewey, and others; (...) Bradley's influence on twentieth-century empiricism, modern logic, and analytical philosophy; and his significance for contemporary debates in epistemology and ethics. (shrink)

The COVID-19 crisis has forced a difficult trade-off between limiting the health impacts of the virus and maintaining economic activity. Welfare economics offers tools to conceptualize this trade-off so that policy-makers and the public can see clearly what is at stake. We review four such tools: the Value of Statistical Life (VSL); the Value of Statistical Life Years (VSLYs); Quality-Adjusted Life-Years (QALYs); and social welfare analysis, and argue that the latter are superior. We also discuss how to choose policies that (...) differentially affect people’s wellbeing. We argue in favor of evaluating policies using a Social Welfare Function (SWF), which evaluates the possible distributions of wellbeing across individuals that may result from a policy. Such a function, we argue, should regard increases in the wellbeing of the less well-off as especially valuable. We then use a model to illustrate how such a framework can help evaluate two broad policy types in response to the pandemic: eradication of the virus, and more lenient control of the spread. Our model reveals how such evaluations depend on many empirical facts but also on key value judgments about the relative importance of health and on the extent of special concern for the worse off. The purpose of this brief is not to make precise recommendations, as conditions vary widely across countries and over time, but to provide a methodology. (shrink)

In a series of articles, Dan Lopez De Sa and Elia Zardini argue that several theorists have recently employed instances of paradoxical reasoning, while failing to see its problematic nature because it does not immediately (or obviously) yield inconsistency. In contrast, Lopez De Sa and Zardini claim that resultant inconsistency is not a necessary condition for paradoxicality. It is our contention that, even given their broader understanding of paradox, their arguments fail to undermine the instances of reasoning they attack, either (...) because they fail to see everything that is at work in that reasoning, or because they misunderstand what it is that the reasoning aims to show. (shrink)