Economical Ethics Essay

Each of us as individuals atomic number 18 liable for our proclaim monies, our own bills, spending habits and we be ultimately responsible for our m wizy which in turn allows us ofttimes latitude in how we choose to spend our currency. With this said, it can be said that there is wee no to no morality involved when we deal with our own notes or finances. Is this true? No In fact there atomic number 18 many moral and ethical decisions involved in spending our own capital. We must choose to pay our obligatory bills and not go run a risk it all 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 dwarfish side of ethics in an economical world. The larger picture of ethics in the economy involves the government, politics, banks and businesses in all forms. In the majority of cases, when one of these entities is dealing with monies, 90% of the time it is money that is owned by the eart hly concern 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 many factors at playing period and many more entities than this. They ease up a much larger responsibleness ethically than we do. It is their responsibility to obtain sure the publics money is spent 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 inescapably to go. Campaign funds, the same thing.I can continue on indefinitely. You attain 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 therefore violating our trust as the public. It is unfortunate that we face this or the threat of this separately day and that we never know when the next person we hold in trus t exit try and disappear with monies that we, as a integral, have put emerge there, to try and make something better.Let us discharge greed and these problems will lessen. Our ethics will improve as will split of our economy. Jones 1 Davy Jones Professor Mills English 2010 7 July 2004 planetary Economy Just what is world(prenominal) economy and what does it do for us or not do for us? Do we as a kingdom agree with having a global economy? Global economy has slowed down(p) our acress production thus eliminating jobs in the USA. What do we rise in return? Our global economy has allowed the use of cheaper labor to freshet produce items at a much lower cost.This would constitute much of the importee trade. What does it cost to fund this trade and take into consideration that dollars in the USA do not equal remote currency. Does it balance out by time transportation cost and tariffs have been paid? mayhap we have saved a few dollars as a whole but do we really know? What if we pulled back some of this import and foreign labor and allow more of our own domain the skill to work in positions that we do not have available because those positions are in another country.Does this really affect our global economy to the depute of despair or will our economy strengthen in our nation because it is our people 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 specific 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 needed global economy.Works Cited Liu, Henry, The Economics of a Global pudding stone http//www. atimes. com/atimes/Global_Economy/DH14Dj01. html August 14, 2002 Dietrich Michael & Rowen Donna, Incorporating Ethics into Economics Problems and Possibilities Sheffield Economic Research paper Series http//www. shef. ac. uk/content/1/c6/03/91/71/SERP2004006. pdf July 2004