“Moral Misunderstanding & the Justification of Markets” Summary Paragraphs.

Slides:



Advertisements
Similar presentations
Can we determine a quadratic equation if we have its roots?
Advertisements

CHARACTER Definitions
Unit 1 Empowerment.
Improving your paper SUGGESTIONS FOR SUCCESS. Writing = Revising  Writing IS a process  This paper WILL take hard work to get a good grade (or even.
Introductory Comments to Kant’s Ethics. From the Introduction to HONEST WORK, Section 2 According to our textbook: Contemporary work = a group of people.
Two Major Historical Theories of Ethics: 1.) Consequentialist: based on or concerned with consequences. (also called “teleological” theories) 2.) Nonconsequentialist:
Elephant in the Dark A poem by Rumi.
It’s the Economy, Stupid!! Or…why economics matters to you.
Chapter 3: American Free Enterprise Section 1
FREEDOM AND ECONOMIC PERFORMANCE Chapter 10 Lecture 4 An important political role is to balance social goods with individual interests.
Title of Grammar Rule Authors’ names. Grammar Rule Explain chosen grammar rule. Also give an explanation of your rule being used.
Painless Appraisals Workshop Facilitated by Marion Parris Parris King Developing Potential Ltd 01332
By Grace Yun ECON SYSTEM REPORT. COMMAND ECONOMY - VIETNAM State determines resource allocation Doesn’t always make the right choice – poor management.
The Preamble to the Constitution
Kant’s Ethics of Duty 3 insights form the basis for his theory  An action has moral worth if it is done for the sake of duty. (DUTY)  An action is morally.
Copyright © 2008 McGraw-Hill Ryerson Ltd.1 Chapter Five Ethics of Business: The Theoretical Basis Canadian Business and Society: Ethics & Responsibilities.
Basic Principles: Ethics and Business
Chapter 3: American Free Enterprise Section 1
The Free Enterprise System
Section 5-1 Comparing Economic Systems. What is Economics? The social science that examines how societies use scarce resources to produce and distribute.
The Basics: Day 1.   Respond to each question. Provide a thorough explanation for each decision.  If you could choose between two nearly identical.
Writing in Social Studies. The Social Studies Paragraph 1.A paragraph must have a minimum of five sentences 2.A paragraph must have a thesis or topic.
Economics: American Free Enterprise Chapter 2 Section 1.
 Each economy has to answer three specific questions  How it answers these questions determines what kind of economy it is going to be.  The three.
1 Business Ethics and Social Responsibility l an oxymoron?!?! l What is GOOD vs. What is Bad! l behaviour of business and the treatment of stakeholders.
ECONOMIC SYSTEMS Economics. Economic Systems Institutional arrangements and coordinating mechanisms to deal with the economic problem of unlimited desires.
Elements of Ethical Decision Making Lakshya Kaushal Alex Pasqualone.
Effective PowerPoints. This: Do not attempt to put all the text, code, or explanation of what you are talking about directly onto the slide, especially.
“it’s in our DNA” Every Christ Follower Actively Involved in Ministry Core Values.
Bell Work9/16/14 Solve the equation. Yesterday’s Homework 1.Any questions? 2.Please pass your homework to the front. Make sure the correct heading is.
FAIRNESS. Fairness Do’s ☺ Treat all people fairly. ☺ Listen to others and try to understand what they are feeling and saying. ☺ Consider all the facts,
 Each time you use a source—that is, each time you take notes from a source—you need to create a source card. Use the colored cards for your source cards.
English Language Services
PowerPoint The best known presentation tool that teachers use…
Multiplying and Dividing Signed Integers
Paper Title Author/affiliation/ address. Outline (0-1 slide) Motivation Background information/Related works Proposed Method Results Summary Future.
MSL Vocabulary Words. Definition in your own words Laissez faire is the belief that economies and businesses function best when there is no interference.
Current Event #___By:____#__ Title of Article:_____________________ Source:___________________________ Date Published:____________________ Date Due:_________________________.
Are human beings selfish? Or are they caring? What do you think? Explain. 1 Open assignment # 5 for a stamp. What will we learn today? What will we learn.
Mistakes in Moral Reasoning Arbitrariness Relying on gut feeling Selfishness and Partisanship Appealing to Moral Authorities –Religion –Culture.
Servant Leadership & Spirituality of the Youth Minister.
Basic Principles: Ethics and Business
U.S. History. On your power point guide, please take a minute and answer the first two questions. These are the questions: What does the word history.
India Under British Rule. 5/28/2014 Warm Up: Answer the map study questions on page 194.
1 Business ethics and social responsibility (chapt. 10) an oxymoron?!?! What is GOOD vs. What is Bad! behaviour of business and the treatment of stakeholders.
Put title of book Here! Author and your name!. Chapter # If it has a title put it also Main Parts of the chapter- 1 paragraph summary New characters-
Mistake #1 (x+2) 2 ≠x 2 +4 Correction =x 2 +4x+4.
Title Slide Your Name The Course The Date. Motivation - I Why is this case study important and interesting? What is the issue at hand (“the problem”)?
Thought for the Week: Living by Rules
Title Slide Name____________
How does Adam Smith’s Capitalism work as an economic system?
Include everyone’s name Picture optional
Insert Presentation Title Here Insert Presentation Summary Here
What is your FICO IQ Quiz? Link to article attached.
Attitude is Everything Personal Skills: Self-motivated
What are the roles of government in our free enterprise economy?
Economic systems Analysis Who makes the economic decisions?
PLEASE DO NOT DELETE THIS SLIDE
Bedouin Article On a sheet of paper, write a title “Bedouin Article.” Follow the directions for the specific paragraph on that sheet of paper. Number each.
Functions and Relations
My Research Project: The History and Fiction behind The Iliad
7 Principles of Economic Thinking
Intro to Philosophy Ethical Systems.
What is beauty?.
Thought for the Week: Living by Rules
Summarizing Use the following slides in order to organize your understanding of the article. After filling in the graphic organizer, then write your summary.
Thought for the Week: Being accountable and living with integrity
Name of Chapter Area of Chapter
Presentation transcript:

“Moral Misunderstanding & the Justification of Markets” Summary Paragraphs

The paragraphs on the following slides have been written by students in response to the question posed on the title slide. These are model responses to the question, based on the article. Particularly if you found the article to be confusing, please study these paragraphs.

The Golden Rule and the free market coexist because the Golden Rule shouldn’t necessarily be applied to the economy. As humans we are self-interested, but not necessarily selfish. We should try to follow something similar to the Golden Rule because we want to be fair and successful. We make mistakes and there’s no way of knowing how our decisions affect other things, like the economy.

According to Heyne, the Golden Rule can be applied to people’s lives, but cannot work in a free market economy. He writes this because people are motivated by self-interest which keeps our economy going. If everyone practiced the Golden Rule in the free market economy it would suffer and possibly collapse. We cannot know everything and what is always best for others so we look out for ourselves.