Adam Smith Essay - 482 Words

Adam Smith Adam Smith born the year 1723 was thought to be one of the world’s greatest economists. In Fact he was known as the father of economy. He was also known by the way he thought and the way he wrote about the countrys economy and in this paper I will explain the way he described and the way he thought of the economy and why his thoughts have carried on for the last two hundred years. In the eighteenth century, most people thought they knew how countries get rich. The way they thought was that you have to export as much as possible and import as little as possible so that they can have a rich economy. They also thought that we had a fixed wealth but Adam Smith was the first person to oppose this theory. He proposed that†¦show more content†¦Adam smith explained that monopoly charges any price that it chooses, and that it robs consumers and makes the countries less efficient and poorer. He also explained that competition means that businesses try to charge the l owest price possible, so that consumers could get the maximum value for money and that if they can buy more, jobs in the economy will be more supported and then the country will grow even more richer than it already is. Adam Smith also explained that without the police stopping competition, monopolies couldn’t survive for very long. Thirdly, Adam Smith wrote the most powerful incentive is Self–interest. The reason for this is that people will work harder and more efficiently if they can keep the majority of the earn and he also explained that if governments grow to greedy, they will discourage and wreck peoples confidence from trying create their own wealth. He explained that Self-interest is an unchangeable part of human nature. So he was saying that it is wise for the government to let personal incentives build a richer economy. Smith’s idea was thought to be kind of like Karl Maxi’s Utopia but it is found to be way more sophisticated. Fourthly, Adam Sm ith believed that the government was to be a strong necessity. Particularly, to create and enforce laws and to ensure justice. Mr. Smith stronglyShow MoreRelatedAdam Smith706 Words   |  3 PagesAdam Smith was a Scottish political economist and moral philosopher, who studied moral philosophy at Oxford University and University of Glasgow. Smith is considered by many to be the founding father of economics and the first free-market capitalist. In fact, in many ways his philosophies and theories have helped shape our country and our economy into what it is today. Smith introduced us to the invisible hand theory which referred to the free markets. The invisible hand theory stated that ultimatelyRead MoreThe Biography Of Adam Smith1505 Words   |  7 PagesThe Biography of Adam Smith Adam Smith was born in Kirkcaldy, Scotland in the year 1923, and died in the year 1790 at the age of 67 (Stewart, 1861). His exact date of birth is unknown but was baptized on 5th June 1723. His father was a prosecutor, advocate, and solicitor but passed on two months after his birth, leaving his mother to bring him up. His mother, Margaret Douglas, played a great role in his upbringing, especially in education. He joined the Burgh school where he learned history, writingRead More Adam Smith Essay820 Words   |  4 Pagesstates of profound thought. The man I refer to is Adam Smith and after having read the assigned excerpts and a few other passages from his The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations I not only hold him in a new light, but I have arrived at three heavily debated conclusions. First, he believed that self-interest is the singular motivation that effectively leads to public prosperity. Second, although Smith feels t hat the oneamp;#8217;s pursuit of selfamp;#8211;interestRead More adam smith Essay877 Words   |  4 Pages Adam Smith And Jean Jacques Rousseau ADAM SMITH AND JEAN JACQUES ROUSSEAU. Adam Smith(1723-1790) and Jean Jacques Rousseau(1712-1770) each provide their own distinctive social thought. Smith, political economist and moral philosopher, is regarded as the father of modern economics. Rousseau, a Franco-Swiss social and political philosopher, combines enlightenment and semi-romantic themes in his work. Thus Smith’s work places emphasis on the relationship between economics and society, whereas, RousseauRead MoreAdam Smith Essay1550 Words   |  7 PagesEarly life Adam Smith was born to Margaret Douglas at Kirkcaldy, Scotland. His father, also named Adam Smith, was a lawyer, civil servant, and widower who married Margaret Douglas in 1720. His father died six months before Smiths birth. The exact date of Smiths birth is unknown; however, his baptism was recorded on 16 June 1723 at Kirkcaldy. Though few events in Smiths early childhood are known, Scottish journalist and biographer of Smith John Rae recorded that Smith was abducted by gypsiesRead MoreThe Invisible Hand By Adam Smith923 Words   |  4 Pagesperson. Obvious that is Adam Smith. Even though, after ten years or thousand years the economists will recall Adam Smith. Moreover, if you visit United Kingdom you can recognize Adam Smith face in the 50 and 20 pounds. ‘Man is an animal that makes bargains†- Adam Smith (Brainy Quote, (n.d)). That is underling the people’s instinct when they make a deal. â€Å"A person, who received his education through hard work, is like a n expensive Car’- Adam Smith (Brainy Quote, (n.d)). Adam Smith encouraged people toRead MoreEconomic View of Adam Smith1193 Words   |  5 Pagesessay I will be defending Adam Smith and his view on the economy and how the government should not be involved in the market place. I will be using evidence John Stossel gives us through the video we watched. Before then I will give you a brief biography on Adam Smith. Adam Smith was born in 1723 in Scotland. Smith, a philosopher and economist who wrote the book â€Å"causes of the wealth of nations† written in 1776 which was one of the first books on political economy. Smith in this book analyzes theRead MoreAdam Smith : The Father Of Economics1599 Words   |  7 Pages The first individual to discuss is Adam Smith. One of the most notable tags associated with Smith is he is known as the â€Å"father of economics.† Adam Smith was a philosopher and thus this caused him to question all things about the world as well as other aspects of nature (Overview of Economics). As Smith studied, he examined closely the business side of the world and made some interesting predictions. He believed that people in societies, who behaved and acted in their own interest would produceRead MoreMoral Sentiments, By Adam Smith997 Words   |  4 Pagess well as abroad (Mastin, 2008). In Theory of Moral Sentiments, Adam Smith developed the foundation for a general system of morals. It showed that the moral ideas and action are the basic elements since human is social creatures. It identified that moral is the basic need as social using it to interact and express their feelings. It also stated that the society need the prudence and justice to survive, and explains the additional, beneficent, and actions that enable it to flourish. It was a veryRead MoreAdam Smith Economy Essay1763 Words   |  8 PagesAdam Smith thoughts and the role of government in a capitalist system Abstract The aim of this paper is to discuss government intervention in the economy. Adam Smith, the founder of economics, stated that the free market is guided by the invisible hand, reduces government intervention and identifies three main functions of the government: national defense, administration of justice and public utilities. However, many issues emerged during the Great Depression, leading to the emergence of new theories

The Moral View Of Homosexuality - 1708 Words

The argument of homosexuality being considered moral or immoral has been an argument for as long as humans have been in existence. This argument has been viewed by philological experts and people all over the world for centuries and it continues to be a major argument today. The moral view of homosexuality has many arguments, but the arguments that are going to be mentioned are the normative ethics argument, the argument on why the moral law is true when it comes to homosexuality, and why homosexuality should be viewed immoral in today’s world. The normative ethics argument against gay marriage states how one should act morally speaking when it comes to homosexuality. Most traditional moral theories rest on principles that determine†¦show more content†¦The also denies a child a father or mother if they have homosexual parents. It is said that it is best for a child to be raised under a father and a mother. â€Å"A child of a same-sex marriage will always be without his natural mother or father, which implies that the child would be raised by someone who has no blood relation to them (The Effects of Gay Marriage). The child would be without a mother or father role model in their life. A child without a father or mother role model in their life are more likely to not have a successful or fulfilling life because they will not the right leadership traits to help them get through life. A good example of this is the all the stories that are put out there about the people who grow up with no father figure so it leads them to trouble paths because they have no one to lead them in the right direction. It is important for a child to have a loving mother and father because that is the key to having a successful child hood because the mother and father figure in your life with help contribute greatly to how you grow up and the future decisions that are made as an adult. Another argument against homosexual marriage is the ability to reproduce. There are ma ny arguments on the idea of homosexuality and reproduction. One of the main arguments is, â€Å"Since old peopleShow MoreRelatedThe Doctrine Of The Existence Of God1470 Words   |  6 PagesOne of the most prevalent arguments for the existence of God is the moral argument. It states that God alone makes sense of moral values, and since moral values exist, then God exists. A great number of people nowadays, including atheists and agnostics, trust in moral values. However, they do not agree with the Christian answer to provide a basis for those values. For many years homosexuality has been a debate over acceptance but has been for the most part considered an immoral act based on religiousRead MoreUnnatural Offences : Section 377 Of Ipc Essay1530 Words   |  7 Pagesintercourse under Section 377 IPC. 3.3 Consensual Adult Homosexuality In a country like India with close knit social relations and high moral standards, it appears that we are inclined to think that Indian society, by and large, disapproves of homosexuality and this disapproval is strong enough to justify it being treated as a criminal offence even where adults indulge in private. In the year 2008, the demand for decriminalizing Consensual Homosexuality was triggered. Gays, lesbians and their activistsRead MoreIs Feminism a Harmful Ideology Essay1529 Words   |  7 PagesHarmful Ideology? I believe that the two central moral issues to this debate are as follows : (1) Is it immoral to infringe upon individual liberty (even if some other good can come of it)? (2) Is it immoral to discriminate based on sex (even if there are innate differences, which are relevant to the situation)? What makes these distinctly moral issues, as opposed to legal, religious, or socio-political issues? These are distinctly moral issues for a few reasons. First, answers to theseRead MorePrejudice And Homosexuality And Sexual Love And Moral Experience1161 Words   |  5 PagesIsaiah Hines Phil. 2306-43430 05/14/2015 Prejudice and Homosexuality Sexual Love and Moral Experience For many years homosexuality and sex with out marriage has been condemned and debated most with in America . In all standards, homosexual men and women have been denied many rights within the land of the free and home of the brave. And if they have a(n) desire to want to be in the military then they are supposed to withhold their sexual orientation and preference, since this particularRead MoreSince the foundation of morality, people have always lived their life by code. A code that suggests1200 Words   |  5 PagesEach of the world’s religions possess their own set of moral teachings. They are an important aspect of each religion because they define the different moral values upheld by them. Judaism and buddhism are two of the many religion’s which share generally similar moral teachings on a number of moral issues, including; abortion, homosexuality and life after death. Although they have subtle differences, the moral teachings of abortion, homosexuality and life after death in Judaism and Buddhism are fundamentallyRead MoreEssay about Sexual Orientation1077 Words   |  5 Pagesorientation is considered highly controversial in our world today. There are many issues that society is faced with concerning homosexuality. When thinking of homosexuality most people refer to the Bible for an answer. There is even more controversy within the Bible’s text. Not only is there reference to the Bible, but also to our mind to answer whether or not homosexuality is a moral issue. Psychological and Biological research is searching for an answer to this illustrious area of confusion. AccordingRead MoreUnnatural Offences : Section 377 Of Ipc1530 Words   |  7 Pagesintercourse under Section 377 IPC. 3.3 Consensual Adult Homosexuality In a country like India with close knit social relations and high moral standards, it appears that we are inclined to think that Indian society, by and large, disapproves of homosexuality and this disapproval is strong enough to justify it being treated as a criminal offence even where adults indulge in private. In the year 2008, the demand for decriminalizing Consensual Homosexuality was triggered. Gays, lesbians and their activistsRead MoreMainstream Acceptance of Homosexuality in our Society Essay1452 Words   |  6 PagesMainstream Acceptance of Homosexuality in our Society In todays society, there exists a myriad of issues which, when discussed, tend to raise the temperature of the citizens proverbial blood. There are a handful of topics that always seem to escalate this temperature to the boiling point among individuals who earnestly participate in discussion, debate and argument. Some examples of such delicate subjects are the death penalty, abortion, and euthanasia. An issue that has in recent years,Read MoreSupreme Court Case Romer v. Evans1501 Words   |  7 PagesBefore the referendum occurred, many of the major cities in Colorado passed laws prohibiting people to be discriminated against based on their sexuality, including whether or not they are homosexual. The citizens of Colorado who disapprove of homosexuality then created a petition to put the second amendment to a vote, and won with a majority of 53% of the votes. Richard Evans, with the support of many others, took the amendment to court claiming it was unconstitutional, and should be removed fromRead MoreIs Homosexuality A Choice?967 Words   |  4 PagesThe question of whether homosexuality is a choice remains a topic in which everyone seems to have an opinion. Whether it is for psychological or religious reasons, some people still think being gay is the worst thing you could be. Newsweek.com states that, â€Å"blaming people for being gay is like blaming them for being left-handed†. They have also stated that the APA has now cleared up on the subject of mental health in an LGBT individual, staying that is â€Å"not a mental illness or disorder with no identifiable

Psycology Analysis of Stephen Hawking Free Essays

I chose Stephen Hawking to write about for my case study because I have always found him extremely interesting. As a fellow atheist he has come pretty outstanding scientific theories on how our universe came about, none of which are attributed to some fictitious being. I am also inspired with the amount that Hawking has done so far in his lifetime. We will write a custom essay sample on Psycology Analysis of Stephen Hawking or any similar topic only for you Order Now All this has been done in spite of, or because of, having ALS. As a medical professional I am in awe of the things that he has accomplished. Stephen William Hawking, born in 1942 is the eldest of Frank and Isobel Hawking’s three children. Mary was born in 1943, Philippa was born in 1947, and Edward was adopted in 1956. As a newborn Stephen first lived in Northern London. Hawking’s parents where themselves quite accomplished, Stephen’s father was a respected medical researcher in the specialty of tropical diseases, while his mother was one of Oxford’s first female students. When he was just two weeks old Stephen was almost killed when a V2 rocket damaged the Hawking’s home while they were away. This is when the Hawking’s moved to Oxford in order to avoid the attacks by the Luftwaffe (the aerial warfare branch of the German Armed Forces) and to provide a safer environment to raise their growing family. In 1950, when Stephen was eight years old he and his family moved to St Albans in Hertfordshire. As a child Stephen was awkward and small for his age. His teachers thought he was bright but he did not stand out as being very far above his classmates in elementary school. At one point in school he was third from the bottom of his class. He did enjoy creating games with his friends. They would come together at the family home on weekends and holidays to play. Stephen would create many of the rules and the games would often be so complex that one turn could take an entire afternoon. At the local public high school, the gauche, lisping Hawking was persecuted as a swot, which is a person that devotes themselves solely to their studies and avoids social diversions. He avoided team sports and pop music for a world of jazz, classical music, and debating. I think that these tendencies point toward him being an introvert. Stephen had always shown an interest in science. After graduating from high school he enrolled himself at Oxford. There was no mathematics offered at the time, so Hawking chose Physics as his major. During his time at Oxford Stephen also showed great interest in Thermodynamics, relativity and quantum mechanics. He received his B. A. degree from Oxford University, in 1962, after which he enrolled for studying astronomy. Stephen met his wife Jane Wilde, a languages undergraduate at a New Year’s party in 1963, while studying at Cambridge, they were married in 1965. He was named a fellow of the Royal Society at the age of 32, and later earned the prestigious Albert Einstein Award. In 1975 he traveled to Rome, where he was honored with the Pius XI Gold Medal for Science from Pope Paul VI. In the 1980s Hawking answered one of Einstein’s unanswered theories, the famous unified field theory. Hawking published his first book, The Large Scale Structure of Space-Time in 1975, rocked the physics community by examining and expanding on Einstein’s General theory of relativity, and the general structure of space and time. In 1988 Hawking, published A Brief History of Time. A short, informative book, that became an account of cosmology for the masses. Spending more than four years atop the London Sunday Times’ best-seller list, it has sold more than 25 million copies worldwide and has been translated into more than 40 languages since its publication. In September 2010, Hawking spoke against the idea that God could have created the universe, stating, â€Å"Because there is a law such as gravity, the universe can, and will create itself from nothing, Spontaneous creation is the reason there is something rather than nothing, why the universe exists, why we exist. Along with his brilliance, Stephan Hawking is also well known for the length of time that he has been afflicted with Amyotrophic Lateral Sclerosis (ALS) otherwise known as Lou Gehrig’s disease. He was diagnosed at age 21 while studying cosmology at Cambridge. Hawking’s disease helped him become the scientist he is today. Prior to receiving the ALS diagnosis Stephen Hawking ha dn’t always focused on his studies. â€Å"I was bored with life before my illness,† he said. â€Å"There had not seemed to be anything worth doing. Realizing that he may not live long, Doctors giving him only two years to live, Hawking threw himself into his studies, and his research. He has astounded doctors by far exceeding this expectation. Hawking’s ability to communicate had been dwindling for years, until in 1985, due to an emergency tracheotomy, he lost his voice completely. Hawking caught the attention of a California computer programmer who had developed a speaking program that could be directed by head or eye movement. This allowed him to select words on a computer screen using a handheld clicker. They are then passed through a speech synthesizer. Today the program is controlled by a sensor attached to his check, due to the amount of control that has been lost in his body. Stephen Hawking’s adult life has been an example in motivation. His disease has pushed him to achieve things that others would not have found possible. ‘The realization that I had an incurable disease that was likely to kill me in a few years was a shock,’ he recalls. ‘How could something like this happen to me? ‘ stated Hawking. He has often been quoted as stating that his disease has been the driving force behind his work, because not knowing how much time he would have before he died has made him want to achieve as much as possible in whatever short amount was left. I think that using Erik Erikson’s work on psychosocial development you can see that the autonomy Hawking was given as a child to be as creative as he wanted paved the way for Stephen’s ability to create his phenomenal theories as an adult. I don’t think that Lawrence Kohlberg’s stages of moral development can be applied here because there is no documentation of any moral dilemmas in Hawking’s past. Maslow’s hierarchy can be applied though, even in the stages of life that Hawking is confined to a wheelchair. As a very young child, Hawking’s parents strive to achieve a safe environment that will protect him from the dangers of world war two. They do this by moving the family multiple times. I feel that through the creativity and publications that Hawking has done he has achieved the final portion in Maslow’s Hierarchy, self -actualization Using the humanistic approach, it seems to me that Stephen Hawking used the enthusiasm with which he increased his education as a means to help him cope with the diagnosis that he received of ALS. This in turn made him a successful physicist. By vastly increasing the education he received, he was able to advance his career. This increase in his research also allowed him to feel as if he was contributing to society. By offering so much to the public he has shown himself that, although his body is frail he is very much able to be productive. By doing this it reinforces his feelings of self-worth. We, as humans have the need to be needed, and in turn the want to be appreciated for the things that we achieve. Stephen Hawking has many astounding, mind blowing theories in publication. All this has been done though the advancement of his disease, and due to his original diagnoses. It seems that the motivator for Mr. Hawking is the need to do as much as his failing body will let him in whatever time he has left. To me, the statement â€Å"You can’t understand others unless you understand yourself†, means that in order to help others, you need to know who you are as a person. Even though I don’t really understand psychology, I feel that if you are going to try to psycho-analyze another person, you need to have done so to yourself. There are definitely applications for psychology in my work life. Since I am a pediatric nurse working towards my BSN I use Maslow’s hierarchy of needs on a daily basis. There is always the need to ensure that an infant’s need for physical well-being and comfort is met before you can work on making sure that the age appropriate milestones are being reached. With children, if you address their need for independence, they will be your best friend, and allow you to perform the many tests that are required during their visits. I have learned many things during this class. The biggest thing that I have learned is about my personality type. Although I was not exactly correct about what I thought about myself, I was pretty close. This helps me to know that I know who I am. This in turn lets me know that I am fully equipped to help my patients. References Stephen Hawking (2006) Retrieved June 3, 2012 fromhttp://www. csupomona. edu/~nova/scientists/articles/hawk. html Stephen Hawking Biography (n. d. ) Retrieved June 3, 2012 http://lifestyle. iloveindia. com/lounge/stephen-hawking-2668. html Master of the Universe (Robin McKie, 2001) Retrieved June 3, 2012 http://www. guardian. co. uk/education/2001/oct/21/highereducation. cademicexperts Psychosocial Theory: Erikson (Davis Clifton, 1995) Retrieved June 3, 2012 http://www. haverford. edu/psych/ddavis/p109g/erikson. stages. html Theories of Development (Crain, 1985). Editorial board Words of Wisdom (2011) Introduction to Psychology Stephen Hawking. (2012). Biography. com. Retrieved May 26, 2012 from http://www. biography. com/people/stephen-hawking-9331710 Stephen Hawking B iography (2010) Retrieved May 26, 2012 from http://www. notablebiographies. com/Gi-He/Hawking-Stephen. html#ixzz1vzRLUH5F About Stephen Hawking (n. d. ) Retrieved May 26, 2012 from http://www. hawking. org. uk/about-stephen. html How to cite Psycology Analysis of Stephen Hawking, Essay examples

My family free essay sample

Actually on my father’s side, I almost have no memory about my grandmother because she passed away while I was in the cradle. However, my grandfather was a hero in his young ages. My grandfather was born in 1921, during the year 1950 to 1953, my grandfather as one of the volunteer soldiers, took part in the Korean War which was aim to resist the US aggression and aid Korea. My grandfather told me that after the war, he was prized by Chairman Mao and my grandfather was proud of his experience for a long time. As for my father, he used to be a business man and the profit of his company was very acceptable. However, a few years later, the government carried out a policy that this company should be owned by the government so my father left the company and restarted his own business. However, as we know, along with the development in this modern society and the decreasing employment rate, to run a business successfully is not as easy as before. We will write a custom essay sample on My Family or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In spite of the fact that my father’s current business is not as profitable as the previous one, however, his spirit always encourages me to study hard and to be a useful man. As for my mother’s side, before my grandfather’s retirement, he was a governmental officer who always seeks the benefits and rights for the public. At that time, some of the governmental officers in order to gain their own profit or benefits, they used their job positions or power to do some unethical issues. Up to now, what I am very proud of is that my grandfather was a honest governmental officer and from his working principles, I understood that a good officer should always put people’s rights in the first place. In terms of my grandmother, when she was young, she was keen to learn knowledge, and she became a teacher after her bachelor’s degree. However, the Cultural Revolution that happened during the year 1966 to 1976 broke my grandmother’s dream. When the Cultural Revolution burst, my grandmother was assigned to the Xinjing province which was the poorest city in North West of China. At the place, my grandmother could not be a teacher any more, instead, she must help to produce the rice and corns. My grandmother told that ten years were the hardest time that she never had because her dream and interests was to be a teacher so that the young people will learn knowledge from her. However, the Cultural Revolution ended in 1976, and China renewed its central administration that Deng Xiaoping was chosen to be the new chairman of China. In the year 1978, China became to focus on the technological and economical developments so my grandmother was asked to come back to her home city and to be a teacher again. When my grandmother heard about that news, she could not help to cry because to be a teacher was her dream forever. Up to now, although grandmother retired from her position, but when it comes to the Chinese New Year, or any traditional holidays, there must be a lot of her students come to her house to thank her and spend the holidays together. Almost each of her students respects my grandmother, as well as my whole family. Form my family’s history, I feel that I am a lucky boy that each member love each other, and each family member is trying their best to make our family have a better life.