Search results
Results from the WOW.Com Content Network
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. [1] [2] In other words, utilitarian ideas encourage actions that lead to the greatest good for the greatest number.
Erich Kadlec defends negative utilitarianism and addresses the benevolent world-exploder argument (partially) as follows: "[R. N. Smart] also dispenses with the generally known fact that all people (with a few exceptions in extreme situations) like to live and would consider being killed not a benefit but as the greatest evil done to them." [44]
As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
Trade war arises only if the competitive protection between states is of the same type and it is not valid in case of dumping exports. [2] Increased protection causes both nations' output compositions to move towards their autarky position. [3] Minor trade disagreements are often called trade disputes when the war metaphor is hyperbolic.
Utilitarianism (also known as rational choice or social exchange), although often associated with economics, is an established tradition within sociological theory. [ 77 ] [ 78 ] Lastly, as argued by Raewyn Connell , a tradition that is often forgotten is that of Social Darwinism , which applies the logic of Darwinian biological evolution to ...
Rule utilitarianism is a form of utilitarianism that says an action is right as it conforms to a rule that leads to the greatest good, or that "the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance". [1]
There are numerous ethical issues associated with the methodological approach of development economics, i.e. the randomised field experiment, many of which are morally equivocal. For example, randomisation advantages some cases and disadvantages others, which is rational under statistical assumptions and a deontological moral issue simultaneously.