Economical Ethics Essay

Each of us as individuals are amenable for our own monies, our own bills, clearing habits and we are ultimately responsible for our bills which in turn whollyows us oftentimes latitude in how we take on to fleet our money. With this said, it can be said that there is little no to no ethics involved when we deal with our own funds or finances. Is this true? No In fact there are legion(predicate) moral and ethical decisions involved in spending our own money. We must(prenominal) choose to pay our obligatory bills and non go gamble it exclusively away.We are obligated, unless we dont drive, to pay for our gasoline and not spend it on illicit drugs or other illegal activities. This is the small human face of ethics in an economical adult male. The larger picture of ethics in the economic system involves the government, politics, banks and businesses in all forms. In the majority of cases, when one of these entities is transaction with monies, 90% of the while it is money th at is owned by the public in some way.This money might be for stocks purchased from a broker, money deposited into a bank, campaign funds or funds approved by a local ballot. There are more factors at play and many more entities than this. They feed a much larger responsibility ethically than we do. It is their responsibility to make sure the publics money is dog-tired as it was given permission to be spent. If we approved for Jones 2 them to spend publics money on a playground then that is where it needs to go. contract funds, the same thing.I can continue on indefinitely. You have all heard the news where embezzlement of funds, stolen funds, misappropriation of funds happens and in these instances this becomes a crime. The morals that were ignored became an ethical situation that was violated thus violating our effrontery as the public. It is unfortunate that we face this or the threat of this each day and that we never know when the next person we hold in hope will try and disappear with monies that we, as a whole, have delegate out there, to try and make something better.Let us exonerate avariciousness and these problems will lessen. Our ethics will improve as will move of our economy. Jones 1 Davy Jones Professor Mills English 2010 7 July 2004 Global providence Just what is global economy and what does it do for us or not do for us? Do we as a rural area check up on with having a global economy? Global economy has slowed down our nations production thus eliminating jobs in the the States. What do we get in return? Our global economy has allowed the use of cheaper grind to mass enkindle items at a much lower cost.This would constitute much of the spell out trade. What does it cost to fund this trade and take into consideration that dollars in the USA do not equal impertinent currency. Does it balance out by time transportation cost and tariffs have been paid? Maybe we have saved a few dollars as a whole only when do we really know? What if we pulled back some of this import and foreign labor and allow more of our own nation the ability to employ in positions that we do not have available because those positions are in another country.Does this really affect our global economy to the point of hopelessness or will our economy strengthen in our nation because it is our nation who work and our people who spend more money. Yes the money does make the world go around and the advocacy to pull all foreign labor is not what this is about. We do need some form of global economy as there is room to have all of us on the same side. Jones 2 There are some parts of the world that have more advanced technology or a particular(prenominal) cheese or wine or lumber that we at this time cannot reproduce.It is the items that we cannot reproduce that should constitute the import trade. With this we do help our nation that much more while still also continuing a need global economy.Works Cited Liu, Henry, The Economics of a Global E mpire http//www. atimes. com/atimes/Global_Economy/DH14Dj01. hypertext markup language August 14, 2002 Dietrich Michael & Rowen Donna, Incorporating Ethics into Economics Problems and Possibilities Sheffield Economic Research composition Series http//www. shef. ac. uk/content/1/c6/03/91/71/SERP2004006. pdf July 2004