152 research outputs found

    Francis Hutcheson, George Turnbull and the intersection of aesthetics and morals

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    Hutcheson holds that the aesthetic and the moral can be prised apart in the course of an analytic exercise, and this is in fact something that Hutcheson himself accomplishes when he analyses beauty in terms of unity amidst diversity and analyses moral motivation in terms of benevolence. But he believes that the loveliness of a moral act is not a mere accident supervenient upon the act, any more than the morality of a lovely act is accidental to the act. Hutcheson's moral theory is essentially aesthetic

    The role of reason in the assent of faith: Pascal, Shestov and the late medieval background

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    Many late medieval thinkers gave an account of the assent of faith in terms of the exercise of reason, but their account is vulnerable to attack by Pascal and Shestov who believe there to be assents of faith that have an element which is irreducibly irrational. I expound the positions of Pascal and Shestov and seek to demonstrate the strength of their positions

    Francis Hutcheson, George Turnbull and the intersection of aesthetics and morals

    Get PDF
    Hutcheson holds that the aesthetic and the moral can be prised apart in the course of an analytic exercise, and this is in fact something that Hutcheson himself accomplishes when he analyses beauty in terms of unity amidst diversity and analyses moral motivation in terms of benevolence. But he believes that the loveliness of a moral act is not a mere accident supervenient upon the act, any more than the morality of a lovely act is accidental to the act. Hutcheson's moral theory is essentially aesthetic

    Francis Hutcheson, Adam Smith y el estoicismo de la Ilustración Escocesa

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    Among the many philosophers of the Scottish Enlightenment who speak approvingly of Stoic philosophy are Francis Hutcheson and Adam Smith, two men who were related, at the University of Glasgow, as professor to appreciative student. As a step towards establishing the extent to which the Scottish Enlightenment philosophers were indebted to the Stoics I investigate Hutcheson and Smith and seek to demonstrate that on at least some matters relating to the propriety of having and expressing passion, these two Scottish philosophers were hostile to characteristic Stoic doctrines

    The mode of existence of values: Hume versus Reid

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    The Scottish-Spanish circle of John Mair

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    Continuous-time VIX dynamics: on the role of stochastic volatility of volatility

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    This paper examines the ability of several different continuous-time one- and two-factor jump-diffusion models to capture the dynamics of the VIX volatility index for the period between 1990 and 2010. For the one-factor models we study affine and non-affine specifications, possibly augmented with jumps. Jumps in one-factor models occur frequently, but add surprisingly little to the ability of the models to explain the dynamic of the VIX. We present a stochastic volatility of volatility model that can explain all the time-series characteristics of the VIX studied in this paper. Extensions demonstrate that sudden jumps in the VIX are more likely during tranquil periods and the days when jumps occur coincide with major political or economic events. Using several statistical and operational metrics we find that non-affine one-factor models outperform their affine counterparts and modeling the log of the index is superior to modeling the VIX level directly
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