US long-term unemployment Essay Example | Topics and Well Written Essays - 250 words

US long-term unemployment - Essay Example Current macroeconomic concerns include whether the economy is in a sustained recovery, rapidly reducing unemployment, speeding a return to normal output and employment growth, and addressing government’s long-term debt problem. Harvard Professor Robert Barro holds that unemployment is not the cause of the prevailing high levels of unemployment insurance benefits, instead, unemployment is the result of long-term unemployment. This argument is highly questionable owing to the fact that lest that 40% of the unemployment in all states barely qualify to receive any given socioeconomic benefits. His argument is fundamentally flawed owing to the fact that the current level of unemployment far surpasses the level of employment that prevailed between 1981 and 9182. The stand taken by Paul Krugman is quite interesting and reveals the inner workings of unemployment. He believes that employers, who are predominantly oligarchs, play a huge role in the high levels of long-term unemployment. He believe that employers are more willing to employ and individual who is already employed as opposed to individuals who are looking for employment. This, in his opinion, creates a situation that leads to certain individuals experiencing for a long time, ending up heavily relying on social benefits that are offered by this state through unemployment

Final Assignment Example | Topics and Well Written Essays - 2000 words

Final - Assignment Example For instance, the law of the society may just forbid people form lying, but in some cases, for example in a case where one has to lie so as to save his life or the life of other people, the general law of the society forbidding lying may not provide direction of action. For this reason, therefore, people have different moral systems that give them in resolving moral dilemmas. My ethical system is the consequentialist moral system. The consequentialist ethical system is a teleological theory of ethics meaning that the morality of an action is determined by the consequence or the result of an action, i.e. an action is regarded morally right if it yields a desirable effect or consequence; on the other hand, an action is regarded morally wrong if it results in an effect or consequence that is not desirable. This essay will examine the consequentialist ethical system and how the ethical system influences my opinions of morality and ethics. The paper also will give a review of two articles on two ethical issues associated with my future career. Also, the paper gives two examples of concrete ethical dilemmas that I am likely to face in my career and explains how I would resolve the moral dilemmas. The consequentialist theory of ethics is also called the Utilitarian theory of Ethics. As we have just said, the end result of an action is the determinant of the morality of an action in the utilitarian theory of ethics. What this means in essence is that the utilitarian moral theorists do not take into account the motive of the doer of an action or the means used to do an action in determining the morality of action. The utilitarian theory of ethics holds the view that that consequence or the result of an action can justify the means used to do an action (Pollock, 2012). For the utilitarian moral theorist, therefore, it is morally right to use a bad mean so as to acquire a good result. There are two types of utilitarian ethics, act utilitarian and rule utilitarian. According