An Economic Approach to Surfing The following represents a specified depiction of a typical day of surfing for me, in a manner described using economic terminology. Although there are many definitions of surfing these days, including surfing the internet, surfing departments stores, magazine surfing, etc., we will focus on the meaning of surfing as it was originally intended, defined as “The water sport of riding the surf into shore” (Webster’s New World Dictionary, p.739) Using this, I will recount
In “The Economic Approach to Human Behavior,” Gary Becker describes his explanation of “the economic approach” as being how individuals choose the price they are willing to pay for a good as a rational choice determined by the payoff of the good, based on their preferences for that good. Becker believes that prices, preferences, payoffs, and costs may include intangibles or unknowns. Thus Becker’s “economic approach to human behavior” is the belief that any human decision can be explained by a
is compulsion to have inequality but excessive inequality is very dangerous for economy. The equilibrium condition of national income determination can be expressed as follows: Aggregate demand = Aggregate supply Income-Expenditure Approach: Income-expenditure approach refers to the method in which the aggregate demand and aggregate supply schedules are used for the determination of national income. In this method the equilibrium state is achieved as follows:- C+I=C+S Income Determination Multiplier:
In An Economic Approach to Social Capital, Edward Glaeser criticizes conventional ways of viewing social capital, studying it instead under a more economically driven lens. By developing models in which social capital is economically analyzed, Glaeser determines that the necessary definition of social capital, for their purposes, is to classify it as belonging to an individual, rather than its community. Through this concept of individual social capital, it becomes easier to infer how it is rising
INSIDE GLOBAL ECONOMY Introduction The term ‘Global Economy’ refers to worldwide economic activities that affect countries positively or negatively through trade and economic growth. The term came into picture after Globalization took place. The term Globalization signifies “the rapidly increasing interdependence, integration & interaction among people to share the economic activities taking place in various locations around the world”. Now looking back to the history, around the 16th century
biblical approach to economics. The author indicates great qualities in regards to economics and wealth. He talks about how the bible states individuals should have qualities of a strong work ethic, and other entrepreneurial characteristics such as initiative and perseverance. He also highlights as the main elements of a biblical approach to economics are: 1. The materials in the world are good for man because GOD created it, but the love for it leads to sin. 2. GOD owns the world’s economic resources
A Call for a Tranformational Approach to the Caribbean Criminal Justice System On June 25, 2001 Anton Cooper, a twenty-seven year old man in police custody at Golden Grove Prison in Arocca, Trinidad, was found naked and dead in his cell less than twenty four hours after his arrival for allegedly beating a cousin during an argument. Several prisoners reported witnessing numerous assaults on Cooper by prison guards, and Amnesty International called for a thorough, independent investigation that
Permaculture: An Approach to Agriculture "Without agriculture there will be immediate mass starvation, but with agriculture there will be a continual eroding away of the productive basis of human livelihood." -Wes Jackson (23) With the exception of some indigenous cultures where hunting and gathering is practiced, agriculture has been humans' primary source of food production for thousands of years. As time has passed, humans have furthered their knowledge of how agricultural systems
The Relational Properties Approach to a Theory of Interpretation ABSTRACT: This paper reexamines the central thesis of Gadamer’s theory of interpretation that objectivity is not a suitable ideal for understanding a text, historical event or cultural phenomenon because there exists no one correct interpretation of such phenomena. Because Gadamer fails to make clear the grounds for this claim, I consider three possible arguments. The first, predominant in the secondary literature, is built on
Philosophical-Anthropological Approach to Historic-Cultural Research ABSTRACT: This approach holds that the problem of humanity determines the history of culture. On the basis of theory developed by Max Scheler, I try to work out the main characteristics of cultural process, the typology of culture, and the periodization of culture. The humanities in Russia are in the midst of a methodological crisis now, and I hope that this approach will help us obtain a fuller understanding of culture.
An Integrative Approach to Teaching Writing If you have come to help me you are wasting your time. But if you have come because your liberation is bound up with mine, then let us work together. Aboriginal Activist Sister Teachers of writing have begun to move from thinking about writing as a product with rules, to writing as a process with an authentic, individual voice, to writing as a system of social and political actions. Many feel the need to align themselves with one perspective
Bus Rapid Transit: A Sustainable Approach to Mass Transit Transportation accounts for about 25% of fossil fuel consumption. One way to decrease the negative environmental effects of burning fossil fuels (e.g. smog and global warming) is to improve mass transit. An efficient mass transit system speeds travel time, cuts travel costs, and makes service more reliable. Consequently, it discourages the use of private vehicles, reducing fossil fuel consumption and emissions. A type of mass transit
My Philosophical Approach to Counseling Definition of Existential Therapy One survey taken by Corey suggests a definition of Existential Therapy include two key elements: Existential Therapy is essentially an approach to counseling and therapy rather than a firm theoretical model, it stresses core human conditions. Normally, personality development is based on the uniqueness of each individual. Sense of self develops from infancy. Self determination and a tendency toward growth are control ideas
An Analytical Approach to Truth and Religion ABSTRACT: I discuss some of the problems of the application of the notion of truth to religion. After introductory remarks on the problem called truth and religion to show the peculiarity and the actuality of the problem discussed, I examine the different meanings of the notions of truth and religion, in order to formulate some comments on the different concepts of the truth of religion. I name the main types of religious truth, and consider the competencies
Quantum Holism as Consequence of the Relativistic Approach to the Problem of Quantum Theory Interpretation ABSTRACT: In modern physics the common relational approach should be extended to the concepts of element and set. The relationalization of the concepts of element and set means that in the final analysis the World exists as an indivisible whole, not as a set (of one or another kind of elements). Therefore, we have to describe quantum systems in terms of potentialities and probabilities: since
A Modest Proposal With A New Critical Approach A Modest Proposal, by Jonathon Swift is very much an ironic persuasive essay. He is proposing the eating of babies as a way to help with poverty. Throughout the essay he makes many thought-out yet almost unthinkable arguments that support his proposal. You do however know he doesn't really want people to start eating babies. He is just trying to show a major problem in a shocking way. His arguments for the eating of babies are as follows: it would
The Atrocity of Saul Alinsky's Utilitarian Approach to Communcation Jeremy Bentham, one of the founders of Utilitarianism, believed his philosophy could provide for the “greatest happiness of the greatest number of people”. However benign it may sound, at the heart of Utilitarianism is a cold, teleological process which reduces happiness to a mere commodity. It is even worse that Saul Alinsky would extend this philosophy to a point where the truth becomes relative, justice becomes a tool of
Anticipatory (Pre-emptive) Self-defence: The Need for a Modern Approach The use of military force is a valid customary international law norm and it is enshrined in the United Nations Charter. Nevertheless, the use of force is only authorised if it falls under one of two categories: self-defence (article 41 of the United Nations Charter), or Security Council authorisation. To justify a resort to pre-emptive war, a state must give reasonable proof that the action is necessary to the vital
The question of God’s existence has been debated through the history of man, with every philosopher from Socrates to Immanuel Kant weighing in on the debate. So great has this topic become that numerous proofs have been invented and utilized to prove or disprove God’s existence. Yet no answer still has been reached, leaving me to wonder if any answer at all is possible. So I will try in this paper to see if it is possible to philosophically prove God’s existence. Before I start the paper there are
An Approach to Introducing Ambient Music John Cage (1912-1992) presents an attractive challenge to a music GSI teaching a class of non-majors. As much an idea man as a pen-on-paper composer, Cage proposed through his writings and artistic approach that all sound, whether deliberate or accidental, whether inside or outside of the concert hall, is in fact a macro-series of musical events. In effect, according to this way of thinking, all ambient sound is music. Considering the way most of us have