Free Essays on Compares 3 Economic Sociologists

There must be more to life than having everything. -Maurice Sendak But isn’t â€Å"everything† the ultimate utility basket? Doesn’t â€Å"having everything† include animate objects as well as the inanimate? The setbacks as well as achieving success? Milton and Rose Friedman suggest in their book, Free to Choose, that this status of possession is not attainable. The Friedmans offer their view of how sociologic and governmental factors positively and negatively affect the economy, and with it, the utility of individuals. Who is really in charge? Can anyone be held responsible for the countless interactions that take place between individuals everyday? The â€Å"technique of coordinating the activities of large numbers of people† is a â€Å"command that must be supplemented by voluntary cooperation† (Friedman, 1980: 9). Individuals are selfish by nature and may cause an economy to suffer if those governing are doing so by undisclosed yet suggestive activity. It is argued that any economy in which voluntary exchange is not principle will fail as no room is allotted for opulence or autonomy (Friedman, 1980: 11). The price system in a free market is a major contributor to the stability and peaceful operation of an economy. An exchange between individuals is simplified and hastened (but not necessarily more efficient as will be argued later) by a stuck price level. The buyer and seller partake in actions that each believes is personally beneficial. In doing so, each is closer to obt aining his/her ultimate utility basket. The Friedmans break down the main performance functions of prices: transmit information, incentive to be efficient, distribution of income (Friedman, 1980: 14). It is also suggested that government regulation and policy have always played a substantial role in hindering the benefits of these functions (Friedman, 1980: 17) thus negatively effecting the public. In order to aid voluntary exchange, the fre... Free Essays on Compares 3 Economic Sociologists Free Essays on Compares 3 Economic Sociologists There must be more to life than having everything. -Maurice Sendak But isn’t â€Å"everything† the ultimate utility basket? Doesn’t â€Å"having everything† include animate objects as well as the inanimate? The setbacks as well as achieving success? Milton and Rose Friedman suggest in their book, Free to Choose, that this status of possession is not attainable. The Friedmans offer their view of how sociologic and governmental factors positively and negatively affect the economy, and with it, the utility of individuals. Who is really in charge? Can anyone be held responsible for the countless interactions that take place between individuals everyday? The â€Å"technique of coordinating the activities of large numbers of people† is a â€Å"command that must be supplemented by voluntary cooperation† (Friedman, 1980: 9). Individuals are selfish by nature and may cause an economy to suffer if those governing are doing so by undisclosed yet suggestive activity. It is argued that any economy in which voluntary exchange is not principle will fail as no room is allotted for opulence or autonomy (Friedman, 1980: 11). The price system in a free market is a major contributor to the stability and peaceful operation of an economy. An exchange between individuals is simplified and hastened (but not necessarily more efficient as will be argued later) by a stuck price level. The buyer and seller partake in actions that each believes is personally beneficial. In doing so, each is closer to obt aining his/her ultimate utility basket. The Friedmans break down the main performance functions of prices: transmit information, incentive to be efficient, distribution of income (Friedman, 1980: 14). It is also suggested that government regulation and policy have always played a substantial role in hindering the benefits of these functions (Friedman, 1980: 17) thus negatively effecting the public. In order to aid voluntary exchange, the fre...

Quotes from Philippine President Corazon Aquino

Quotes from Philippine President Corazon Aquino Corazon Aquino was the first woman to run for President in the Philippines. Corazon Aquino was attending law school when she met her future husband, Benigno Aquino, who was assassinated in 1983 when he returned to the Philippines to renew his opposition to President Ferdinand Marcos. Corazon Aquino ran for President against Marcos, and she won the seat despite Marcos attempt to portray himself the winner. Selected Corazon Aquino Quotations Politics must not remain a bastion of male dominance, for there is much that women can bring into politics that would make our world a kinder, gentler place for humanity to thrive in. It is true you cannot eat freedom and you cannot power machinery with democracy. But then neither can political prisoners turn on the light in the cells of a dictatorship. Reconciliation should be accompanied by justice, otherwise it will not last. While we all hope for peace it shouldnt be peace at any cost but peace based on principle, on justice. As I came to power peacefully, so shall I keep it. Freedom of expression - in particular, freedom of the press - guarantees popular participation in the decisions and actions of government, and popular participation is the essence of our democracy. One must be frank to be relevant. It has often been said that Marcos was the first male chauvinist to underestimate me. National leaders who find themselves wilting under the withering criticisms by members of the media, would do well not to take such criticism personally but to regard the media as their allies in keeping the government clean and honest, its services efficient and timely, and its commitment to democracy strong and unwavering. The medias power is frail. Without the peoples support, it can be shut off with the ease of turning a light switch. I would rather die a meaningful death than to live a meaningless life. Prime Ministers and Presidents About These Quotes Quote collection assembled by Jone Johnson Lewis. Each quotation page in this collection and the entire collection  © Jone Johnson Lewis. This is an informal collection assembled over many years. I regret that I am not be able to provide the original source if it is not listed with the quote.