Wednesday, 11 November 2009

Philosophical Foundations of Law and Finance - 37th Weekly Meeting

Dear all

For the 37th session of the Philosophical Foundations of Law and Finance, on Friday 13 October 2009, from 6 to 8pm, in room 5.16, 309 Regent Street (University of Westminster), we will face blame and defence. Joe will take us through the “Grotesque Symmetries in Law and Finance”:

Having tasted the unearthly delights of logical completeness (which breeds insane rationality) including ontological arguments for the existence of something appearing miraculously out of nothing as being the form of all universalistic scientific explanations (cf Timaeus) and feeling completely dissatisfied by the irresolvable metaphysical antimonies thereof (cf the 1948 radio debate between Father Copleston and Bertrand Russell), we move on to the more mundane and decidable world of "courts" to examine the questions:

(1) what constitutes Truth in courts of law, and

(2) what should be a Perfect Defence.

Both are surprisingly finance questions with explicit financial-economic solutions. According to financial-economic theory, it is now possible for every individual to realize their life long socially provident civilized identity through private-public risk-sharing distribution mechanisms – ie really big securitisation structures encompassing all possible future incomes of all peoples...

We shall look at the concept of "defensive arguments". News and blog spheres are bursting with "accusations". There's lots of blame. In the response to accusations there are a lot of defensive arguments.

The readings for Friday will come from two great "trials": Plato's Apology and Shakespeare's Merchant of Venice. Both carry exemplars of miscarriages of justice and grotesqueries of bilateral symmetry. On the "buy side", we recommend Robert Shiller's pre-financial crisis book on The New Financial Order.

As usual, everybody is invited to vegetarianly banquet on few pounds of pizza at Vapiano (19-21 Great Portland Street, W1W 8QB) at 8.00pm.

See you on Friday!!

Joe and Laura

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