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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
Introduction, Ken Mccormick
Adam Smith And Consumerism’S Role In Happiness: Modern Society Re-Examined, Michael Busch
Adam Smith And Consumerism’S Role In Happiness: Modern Society Re-Examined, Michael Busch
Major Themes in Economics
In modern America, consumerism has encouraged people to seek happiness through constant expansion of their material standard of living. Consumerism has led to a growth of status consumption and want-creation, both of which increase consumption without contributing to happiness. Adam Smith observed that lasting happiness is found in tranquility as opposed to consumption. In their quest for more consumption, people have forgotten about the three virtues Smith observed that best provide for a tranquil lifestyle and overall social well-being: justice, beneficence and prudence. Applying the virtues to modern society may decrease overall consumption but will lead to a more satisfied …
Has Thailand Learned From The Asian Crisis Of 1997?, Kuejai Jungjaturapit
Has Thailand Learned From The Asian Crisis Of 1997?, Kuejai Jungjaturapit
Major Themes in Economics
Many economists have investigated the causes of the Asian crisis of 1997 in order to prevent a repeat of it. There were many issues leading to the crisis, and there is no agreement on what all the causes were. I conclude that for the case of Thailand, there were three main causes: exchange rate policy, weak financial institutions, and actions of the government. The crisis is analyzed, and the results are used to suggest ways to prevent future unnecessary recessions. Finally, the current situation in Thailand is examined to determine whether Thailand has learned from the crisis and made any …
Is Wikipedia A Credible Source For Undergraduate Economics Students?, Sam Meier
Is Wikipedia A Credible Source For Undergraduate Economics Students?, Sam Meier
Major Themes in Economics
Scholars have debated the quality of collaborative websites such as Wikipedia.org in the 21 century. If credible, Wikipedia has the potential to share st information and stimulate creativity better than any resource the world has known. If not, Wikipedia has the potential to manipulate history. In the field of Economics, Wikipedia is an accurate source of information. While the site may omit important information, the content available was accurate throughout the duration of this study. Yet the volatile nature of the site must be considered at all times. No information is discovered in the study to suggest that Wikipedia will …
Health Care Reform: An Examination Of The Case For Individual Mandates, Sarah Schares
Health Care Reform: An Examination Of The Case For Individual Mandates, Sarah Schares
Major Themes in Economics
Senator Hilary Rodham Clinton has recently put forth a plan in which individuals would be required to purchase health insurance. Her plan has been the target of intense criticism. Individual mandates would target the free-riders of health care and would likely improve the health of the uninsured. Shortcomings of the mandate are the difficulty of enforcement and the unfair burden placed on lower-middle income people. Careful examination of the evidence suggests that the U.S. should not impose individual mandates for health insurance.
The Determinants Of Audit Prices For Financial Services Institutions In The United States, Kevin Swanson
The Determinants Of Audit Prices For Financial Services Institutions In The United States, Kevin Swanson
Major Themes in Economics
Several studies have sought to establish the link between the characteristics of a corporation and the audit fees charged by its auditor. Many studies have tried to discover whether auditor specialization affects audit fees. Other research has attempted to discover the effects of government regulation on fees. The impact of risk on audit fees has also been examined, but has proved to be an elusive topic. This study uses regression analysis to examine the effect of size and financial position on audit fees. The model shows a direct relationship between measures of both assets and revenues and the audit fees …