On "Iron Laws" of Economics
ABSTRACT: 1. A strong interest shown by modern society to the sphere of economic attitudes, and connected to it the growing authority of the economists. - 2. Perception about the "iron" laws of economics as highest criteria of economic activity and life in general (economic fatalism). - 3. An exploration of the most widespread motives of housekeeping: struggle for a survival, earning one's "life", earning on "the black day". - 4. Logical "circumvention" of all these motives confirmed by the daily facts. - 5. Managing for the sake of managing - professions for amateurs. - 6. Narrowing the sphere of action of the economic "laws" from "all" to "wishing". - 7. Optionality of the "iron laws" of economy, even for those wishing to be engaged in it. (with examples). Dependence of economy on ethics and psychology. - 8. The essence of the moderate fatalism, its incompleteness and discrepancy. - 9. Economics as a game, initiated and regulated by the government. Decreasing of the status of economic game with the eldering of the population. - 10. Inevitability of occurrence of "shadow" sector in economy, which considers as its basic purpose the obtaining of the profit. 11. A dilemma rising before any man without preconception: to admit economy to be a "dirty business", fun for the adults, or to search for the "third" way, which... 12. ...on my sight, consists of returning to the initial sense of the word: economics-a reasonable running of an economy, or keeping house keeping) - 13. The elementary analysis of this definition. - 14. The task of philosophy of economics in the given context. - 15. Concept of "organic economics" demanded by real life, instead of the obsolete, and diminishing influence of the exclusively mechanical approach. Universal character of this concept.
"Economics is a special world, with it's own laws and problems, dramas and contradictions" — The textbook "Modern Economics"
Respectable colleagues!
It's unlikely, that I need to explain to any of you, what place in our life the phenomena of economic order has achieved. The well-known "market attitudes" have penetrated into practically every, sphere of our life, even most intimate. The leading economists, beginning from Marx and ending with the present "liberals", habitually incur the role of critics and prophets, predicting the possible and even the certain future. In their own declarations, they have the right to do it, because of a vast knowledge of the nature of economics.
Diamond discusses the importance of ideology and the ways in which they “pave road” for society to appropriately organize upon. Diamond specifically outlines the ways in which changing an ideology can alter society in Chapter 14, From Egalitarianism to Kleptocracy, as society evolves through the spread of an ideology. Both Diamond and Hunt agree about the importance of ideology in society, but their standpoints are critically different in their perspectives. Diamond focuses on other aspects just as well, such as immunity to germs or resource production, whereas Hunt specifically focuses on the ways in which changes in ideology impact the development of capitalism. Thus, both Hunt and Diamond have different thought’s on economic history, but converge in the ideal of signifying ideological
Virtualization is a technology that creates an abstract version of a complete operating environment including a processor, memory, storage, network links, and a display entirely in software. Because the resulting runtime environment is completely software based, the software produces what’s called a virtual computer or a virtual machine (M.O., 2012). To simplify, virtualization is the process of running multiple virtual machines on a single physical machine. The virtual machines share the resources of one physical computer, and each virtual machine is its own environment.
For that hardware virtualisation is more beneficial to handle all servers together and provide data from data centre of server to user virtual desktop.
Whitman, Walt “From I Sing the Body Electric” 1855. The Compact Bedford Introduction to Literature. 9th ed. Boston:Bedford /St.Martin’s 2012.786-788. Print. 10 May 2014.
The market today has become so important that society takes it as completely natural. From “The Economic Problem” Heilbroner describes three main solutions, with the market being one. Furthermore into the market, Polanyis book “The great Transformation” gives insight on how much society actually allows the market to dominate. To Polanyi a market society is seen as social relations embedded in the economy instead of the economy being embedded in social relations. Examining both of these books gives a great understanding on how life was without the market and how it came to be. Taking note of Rineharts work as well on how the workplace has drastically been changed by the market is key to analyzing the transformation as a whole. As a result of the transformation, not only has human labour been altered, but another author known as Weber states that certain peoples view on the world have also be affected. This essay will establish how “the great transformation” (Polanyi) from a traditional society to one based on a market economy has vastly impacted societal workplaces, and societal beliefs around faith of idealogical conditions.
Crime is a highly complex and important problem that changes across cultures and across time. This briefing provides a summary of some of the key explanations that try to explain the causes of crime. It is by no means a thorough list. Each of the explanations covered has its own strengths and weaknesses, has gaps and may only be related to certain types of crime, and not others. There is no “right” or “wrong” explanation to justify it.
The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique for thinking, which helps the possessor to draw correct conclusions. The ideas of economists and politicians, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." (John Maynard Keynes, the General Theory of Employment, Interest and Money p 383)
The days of the old-fashioned computer dumb-terminals that connected to a mainframe computer which encompassed an entire room are long gone. Most college students weren’t even born yet at the height of the mainframe computer generation. Desktop virtualization is the latest and greatest emerging technology that calls for a reinvention, of sorts, of those dumb-terminals. Although no universal definition of what a virtual desktop is exists yet, the basic idea is that one server or a number of servers run the application software that the business user connects to. The physical desktop does not run the application itself as it resides on the server.
As we all know virtualization is the requirement of future. We have evolved from the age of traditional environment to virtual environment.We have grown accustomed to almost all things virtual from virtual memory to virtual networks to virtual storage.The most widely leveraged benefit of virtualization technology is server consolidation, enabling one server to take on the workloads of multiple servers. For example, by consolidating a branch office’s print server, fax server, exchange server, and web server on a single windows server, businesses reduce the costs of hardware, maintenance, and staffing.
Virtualization technologies provide isolation of operating systems from hardware. This separation enables hardware resource sharing. With virtualization, a system pretends to be two or more of the same system [23]. Most modern operating systems contain a simplified system of virtualization. Each running process is able to act as if it is the only thing running. The CPUs and memory are virtualized. If a process tries to consume all of the CPU, a modern operating system will pre-empt it and allow others their fair share. Similarly, a running process typically has its own virtual address space that the operating system maps to physical memory to give the process the illusion that it is the only user of RAM.
Today, more than ever, there is great debate over politics and which economic system works the best. How needs and wants should be allocated, and who should do the allocating, is one of the most highly debated topics in our current society. Be it communist dictators defending a command economy, free market conservatives defending a market economy, or European liberals defending socialism, everyone has an opinion. While all systems have flaws and merits, it must be decided which system is the best for all citizens. When looking at the financial well being of all citizens, it is clear that market economies fall short on ensuring that the basic needs of all citizens are met.
Computer hardware can be a very expensive thing. As technology rapidly continues to advance, the need to provide more services and applications without breaking the budget has helped propel the field of computer virtualization. Since its creation in 1960, virtualization in the computer technology industry has been allowing companies to save money and resources, provides for an increased means of system resiliency, and allows for better ease of management.
Now days, many companies are coming forward with Application Virtualization concept for IT environments. Some big players of virtualization are VMWare, Microsoft, Citrix, etc. VMWare had already launched its VMWare ThinApp version 5.0 last October where as Microsoft has also including new role App-V in its Server 2012. Also Microsoft client operating system provides compatibility troubleshooting based on Application Virtualization Concept. Soon this concept will be widely used and replace tradition working environments.
The crucial importance and relevance of economics related disciplines to the modern world have led me to want to pursue the study of these social sciences at a higher level. My study of Economics has shown me the fundamental part it plays in our lives and I would like to approach it with an open mind - interested but not yet fully informed.
Sullivan, A., & Steven M., (2003). Economics: Principles in action. Upper Saddle River, New Jersey : Pearson Prentice Hal