Religion and returns in Europe

Drawing on social identity and social impact theory, this paper is the first to investigate the impact of religious preferences on share prices and expected returns at the country level. Using data from 12 European countries, our findings suggest that religion has a significant effect on the share price of companies whose activities are considered unethical, i.e., tobacco manufacturers and alcohol producers. The share price of these companies (called sin stocks) is depressed when they are located in a predominantly Protestant environment (relative to a Catholic environment). With investors in Protestant countries being more sin averse than in Catholic countries, they insist upon higher expected returns on sin stocks. Conversely, religious preferences do not have the same impact on the performance of other companies, e.g. socially responsible companies. Our results are robust to various methodologies and controlling for several firm-specific, industry-specific and country-specific characteristics.

History or the conflict between religion and science

UANL

Religion and Economic Growth: Was Weber Right?

Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literacy in the vernacular, is inconsistent with most theoretical models of economic growth. In The Protestant Ethic, Weber suggested an alternative explanation based on culture. Here, a theoretical model confirms that a small change in the subjective cost of cooperating with strangers can generate a profound transformation in trading networks. In explaining urban growth in early-modern Europe, specifications compatible with human-capital versions of the neoclassical model and endogenous-growth theory are rejected in favor of a “small-world” formulation based on the Weber thesis.

Polygamy’s Challenge : Women, Religion And The Post-Liberal State

Dossier : Should Polygamy be Recognized in Canada ? Ethical and Legal Considerations

Religion and Clothing: the Capabilities Approach Considered

Proponents of the capabilities approach claim that it should be used to give guidance for the implementation of good constitutional laws. This suggests that it also gives us grounds to support attempts to create or protect constitutions based on something like the capabilities approach. The Turkish Republic claims that in order to protect secularism and the equal status of women, it needs to keep certain Islamic practices away from the public domain. The wearing of the headscarf has been singled out as such a practice, and the Turkish Republic has therefore legislated against headscarf wearing in schools, universities, and government buildings. In consequence many women are forced to choose between religion over education and politics in a way that curtails central human capabilities. Nussbaum claims that the best way to help states resolve the dilemma presented by the conflict between religious choice and other central capabilities is to refer to principles embodied in to the US Religious Freedom Restoration Act 1993, which states that a law can burden a person's exercise of religion only when the burden is a furtherance of a compelling state interest. In this paper I consider how this advice partly vindicates the Turkish case and how the solution it yields is in many ways more satisfactory than that of more traditional approaches in political philosophy.

New media technologies, law, and society: an ecological approach

Joyce Tam de l'Université McGill est récipiendaire du 3ème prix du concours de la bourse d'initiation à la recherche offerte par le Regroupement Droit et changements aux étudiants du baccalauréat en droit.

[Ressenya del llibre Rediscovering geography: new relevance for science and society, de Rediscovering Geography Committee, National Research Council]

El llibre ressenyat pretén ser una síntesi i una avaluació de la situació de la geografia als Estats Units. Estructurat en vuit capítols, els sis primers són una anàlisi de diversos aspectes de la geografia i els dos últims expliquen quina estratègia hauria de portar-se a terme per enfortir el paper de la geografia en el món acadèmic i en la societat en general

International Development Policy: Religion and Development, de Carbonnier, G. (ed.)

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Citizens and society : political literacy teacher resource pack.

Este recurso para los profesores incluye todas las lecciones y actividades exigidas en el programa de estudio de Ciudadanía para las etapas de secundaria 3 y 4 (key stage 3 y 4) y, también, para la preparación del General Certificate Secondary Education (GCSE). Proporciona a los docentes los medios para que los alumnos lancen ideas personales y formas de argumentación que les conviertan en ciudadanos informados e inquisitivos. Estimula una enseñanza efectiva de los principales asuntos políticos y sociales y, orienta para conseguir y evaluar los conocimientos de los alumnos y la comprensión de los temas tratados. Se hace, también, hincapié en dotar a éstos de habilidades para pensar sobre los debates políticos y las cuestiones sociales, incluso, este material sirve como base para clases de política y, para los estudiantes mayores de dieciséis años, para clases de gobierno y política y pensamiento crítico.

The light representation of religion and power in sound

The thematic and anathematic in music-making a reflection occurring after listening to an art song and a pop song from the 19th and 20th century Levantine music. Bach’s Orchestral Suites keep popping up, elegantly unveiling “the truth”.