128,937 research outputs found

    Dealing with Paradoxes of Law: Derrida, Luhmann, Wiethölter

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    Dt. Fassung: Der Umgang mit Rechtsparadoxien: Derrida, Luhmann, Wiethölter. In: Christian Joerges und Gunther Teubner (Hg.) Rechtsverfassungsrecht: Recht-Fertigungen zwischen Sozialtheorie und Privatrechtsdogmatik. Nomos, Baden-Baden 2003, 249-272

    Accelerated Technological Progress - An Explanation for Wage Dispersion and a Possible Solution to the Productivity Paradox

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    Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between educational groups). A second seemingly paradox development, which occured simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the educational expansion by assuming accelerated technological progress: An increase in the speed of technological progress raises the economic value of prospective periods and therefore works in favor of timeconsuming higher qualifications. The resulting educational expansion firstly goes along with a composition effect which leads to wage dispersion. Secondly the additional absence from the labor market of some more able individuals, due to the longer qualification, as well as an increasing share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth rate

    Foreign exchange reserves in a credit constrained economy

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    We discuss the role of foreign exchange reserves as precautionary savings under an imperfect market framework due to the presence of endogenously determined borrowing constraints. We show that cost of holding reserves is higher in borrowing constrained economies than unconstrained ones as a result of the leverage effect of the debt. We also argue that high global reserve holdings can even be welfare reducing for the world economy where financially constrained developing countries are heavy borrowers in international lending markets

    Dread Hermeneutics: Bob Marley, Paul Ricoeur and the Productive Imagination.

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    This article presents Paul RicƓur’s hermeneutic of the productive imagination as a methodological tool for understanding the innovative social function of texts that in exceeding their semantic meaning, iconically augment reality. Through the reasoning of Rastafari elder Mortimo Planno’s unpublished text, Rastafarian: The Earth’s Most Strangest Man, and the religious and biblical signification from the music of his most famous postulate, Bob Marley, this article applies Paul RicƓur’s schema of the religious productive imagination to conceptualize the metaphoric transfer from text to life of verbal and iconic images of Rastafari’s hermeneutic of word, sound and power. This transformation is accomplished through what RicƓur terms the phenomenology of the iconic augmentation of reality. Understanding this semantic innovation is critical to understanding the capacity of the religious imagination to transform reality as a proclamation of hope in the midst of despair

    Contracting worlds : the many autonomies of private law

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    Deutsche Fassung: Vertragswelten: Das Recht in der Fragmentierung von private governance regimes. Rechtshistorisches Journal 17, 1998, 234-265. Italienische Fassung: Mondi contrattuali. Discourse rights nel diritto privato. In: Gunther Teubner, Diritto policontesturale: Prospettive giuridiche della pluralizzazione dei mondi sociali. La cittĂ  del sole, Neapel 1999, 113-142. Portugiesische Fassung: Mundos contratuais: o direito na fragmentacao de regimes de private governance. In: Gunther Teubner, Direito, Sistema, Policontexturalidade, Editora Unimep, Piracicaba Sao Paolo, Brasil 2005, 269-298

    Departmental Leadership: Navigating Productive Tension While in a Paradoxical Role

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    The landscape of higher education is dynamic and calls for faculty and academic administrators to not only prepare those entering the workforce with current skills, knowledge, and values but to do so in an environment that is resourceful with the tools, and personnel necessary to educate the citizenry. A critical component in achieving this noble mission is the role of the Department Chair, who spans both the academic and administrative environments. The Department Chair, whether at a public or private institution must serve multiple masters which include, senior academic administrators, departmental faculty, staff, students, parents, alumni, community partners, and donors. The challenges that arise while in this role are many, for example, budgetary, personnel, and academic program accreditation/certification. Successes also do occur as evidenced by enrollment and graduation rates, and sincere appreciation from those we have taught. The Department Chair role is essential and deserves to possess the authority necessary to make decisions that are in the best interest of students, faculty, and the academic programs offered. The purpose of this perspective is to offer recommendations, grounded in experience, that may assist the Department Chair in navigating productive tension that can arise while working in this role that is often paradoxical at times

    Re-Imagining Text — Re-Imagining Hermeneutics

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    With the advent of the digital age and new mediums of communication, it is becoming increasingly important for those interested in the interpretation of religious text to look beyond traditional ideas of text and textuality to find the sacred in unlikely places. Paul Ricoeur’s phenomenological reorientation of classical hermeneutics from romanticized notions of authorial intent and psychological divinations to a serious engagement with the “science of the text” is a hermeneutical tool that opens up an important dialogue between the interpreter, the world of the text, and the contemporary world in front of the text. This article examines three significant insights that Paul Ricoeur contributes to our expanding understanding of text. First under scrutiny will be Ricoeur’s de-regionalization of classic hermeneutics culminating in his understanding of Dasein (Being) as “being-in-the-world,” allowing mean-ing to transcend the physical boundaries of the text. Next, Ricoeur’s three-fold under-standing of traditionality/Traditions/tradition as the “chain of interpretations” through which religious language transcends the tem-poral boundary of historicity will be explored. The final section will focus on Ricoeur’s understanding of the productive imagination and metaphoric truth as the under-appreciated yet key insight around which Ricoeur’s philosophical investigation into the metaphoric transfer from text to life revolves
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