Category: General Message
Subject: Summer-School in “Political Philosophy & Public Policy: The Ethics of Banking”
Summer-School in “Political Philosophy & Public Policy: The Ethics of Banking”
Boudewijn de Bruin, Professor of Financial Ethics at the University of Groningen
Geert Demuijnck, Professor of Business Ethics & Political Philosophy at EDHEC Business School.
When: 20-23 July 2015
Where: University of Minho, Braga (Portugal)
Course Description: In recent years there has been a resurgence of interest in issues at the intersection of political philosophy and public policy. In particular, attention has increasingly turned to the question of what kind of institutions and policies would be needed in order to create a significantly more just society. This summer school will be devoted to the ethics of banking.
The first topic will be devoted to recent financial history, ethical issues that have arisen, problems of moral hazard, contagion effects, etc. This is basically centered round the question of what the function of finance is in society, or what it should be. A second topic will focus on various players in the industry and their respective ethical issues: banks, central banks, insurance companies, etc. We'll look at things such as insider trading, and debate the (im)morality of it, and/or such practices as frontrunning, churning, etc. Still another topic will be devoted to Professor Boudewijn de Bruin’s own research on epistemic virtues, debating the claim that ethics in finance ought to be sensitive to competence issues rather than (just) on greed or bonuses. We'll look into corporate epistemic virtues, rotation policies, organizational opposition, credit rating agencies and the way they outsource epistemic responsibility.A final topic on ethics management tools will be included as well, focusing on recent initiatives surrounding the bankers' oath in the Netherlands, etc.
Professor de Bruin’s latest book Ethics and the Global Financial Crisis: Why Incompetence is Worse than Greed came out recently and may figure as a good background/textbook for the summer school.
Two additional topics will be developed by Professor Geert Demuijnck. The first topic, related to Boudewijn de Bruin’s last issue, will be about the role of financial services managers as professionals and about how the financial services industry deals with conflicts of interests. The second topic will be an overview (and short history) of issues related to ethical investing, SRI (socially responsible investing), impact investing, etc. We will discuss methodological issues as well as the meaning and impact of these types of investments.
Inscription: If you would like to participate, please send a short letter of motivation and CV by e-mail to Roberto Merrill (firstname.lastname@example.org) and Pedro Teixeira (email@example.com) by 15 March 2014. If you also wish to give a talk during the School, please send us an abstract between 300 and 500 words.
Fee: 70 euros
This event is organized by the Political Theory Group of CEHUM, University of Minho (Braga).
Researcher in political philosophy at IFILNOVA, New University of Lisbon and at the Political Theory Group, University of Minho
Political Neutrality: A Re-evaluation (Palgrave Macmillan, 2014)