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The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]
Paradox of plenty: Countries with an abundance of natural resources tend to have less economic growth and worse development outcomes than countries with fewer natural resources. The paradox of banknotes: Cash transactions have decreased since the 1940s but the demand of banknotes has increased significantly since the early 2000s.
Nicholas Georgescu-Roegen (born Nicolae Georgescu, 4 February 1906 – 30 October 1994) was a Romanian mathematician, statistician and economist.He is best known today for his 1971 magnum opus The Entropy Law and the Economic Process, in which he argued that all natural resources are irreversibly degraded when put to use in economic activity.
The logical argument from evil argued by J. L. Mackie, and to which the free-will defense responds, is an argument against the existence of God based on the idea that a logical contradiction exists between four theological tenets often attributes to God. Specifically, the argument from evil asserts that the following set of propositions are, by ...
[88] (opposite of appeal to tradition) Appeal to poverty (argumentum ad Lazarum) – supporting a conclusion because the arguer is poor (or refuting because the arguer is wealthy). (Opposite of appeal to wealth.) [89] Appeal to tradition (argumentum ad antiquitatem) – a conclusion supported solely because it has long been held to be true. [90]
natural deduction A system of logical inference that attempts to mirror the intuitive ways humans reason, consisting of a set of inference rules for introducing and eliminating logical connectives. natural language A language that has developed naturally in human societies as a means of communication, as opposed to artificial or constructed ...
The term naturalistic fallacy is sometimes used to label the problematic inference of an ought from an is (the is–ought problem). [3] Michael Ridge relevantly elaborates that "[t]he intuitive idea is that evaluative conclusions require at least one evaluative premise—purely factual premises about the naturalistic features of things do not entail or even support evaluative conclusions."
Michael Bergmann suggested that Thomas Reid offered the resources for a commonsense (Reidian) defense of naturalism against EAAN. Ernest Sosa drew on features of Descartes ' epistemology to argue that while "[i]ssues of circularity do arise as to how we can rationally and knowledgeably adopt [an epistemically propitious] view about our own ...