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Moral Suasion
Moral suasion is an appeal to morality, in order to influence or change behavior. A famous example is the attempt by William Lloyd Garrison and his American Anti-Slavery Society to end slavery in the United States by using moral suasion. In economics, moral suasion is more specifically defined as "the attempt to coerce private economic activity via governmental exhortation in directions not already defined or dictated by existing statute law." The "moral" aspect comes from the pressure for "moral responsibility" to operate in a way that is consistent with furthering the good of the economy. Moral suasion in this narrower sense is also sometimes known as jawboning. There are two types of moral suasion: * "Pure" moral suasion is an appeal for altruistic behaviour and is rarely used in economic policy. * "Impure" moral suasion, which is the usual meaning of "moral suasion" in economics, is backed by explicit or implicit threats by authorities to provide incentives to comply wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Change
Social change is the alteration of the social order of a society which may include changes in social institutions, social behaviours or social relations. Definition Social change may not refer to the notion of social progress or sociocultural evolution, the philosophical idea that society moves forward by evolutionary means. It may refer to a paradigmatic change in the socio-economic structure, for instance the transition from feudalism to capitalism, or hypothetical future transition to some form of post-capitalism. Social development refers to how people develop social and emotional skills across the lifespan, with particular attention to childhood and adolescence. Healthy social development allows us to form positive relationships with family, friends, teachers, and other people in our lives. Accordingly, it may also refer to social revolution, such as the Socialist revolution presented in Marxism, or to other social movements, such as women's suffrage or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Mouth Operations
Open mouth operations are communications by a central bank that affect Central Bank interest rates. They are a tool of monetary policy. The term was coined by economists Graeme Guthrie and Julian Wright in the year 2000. While looking at the operations and communications of the Reserve Bank of New Zealand The Reserve Bank of New Zealand (RBNZ, mi, Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. The governor of the Reserve Bank is responsible for ..., these economists found that communications by the central bank had a much more significant effect on the interest rate than did Central Bank operations. Unbeknownst to most economists, Open Mouth Operations let central banks change interest rates without significantly changing their daily monetary operations. Mario Draghi's 2012 statement that “the ECB will do whatever it takes to preserve the euro, and believe me, it will be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Canada
The Bank of Canada (BoC; french: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surveys: Canada 2000'. OECD Publishing; 30 August 2000. . p. 45–. and for the promotion of a safe and sound financial system within Canada.Financial Stability and Central Banks: A Global Perspective'. Routledge; November 2002. . p. 41–. The Bank of Canada is the sole issuing authority of Canadian banknotes,Gene Swimmer. How Ottawa Spends, 1996-97: Life Under the Knife'. MQUP; 15 May 1996. . p. 379–. provides banking services and money management for the government, and loans money to Canadian financial institutions. The contract to produce the banknotes has been held by the Canadian Bank Note Company since 1935. The Bank of Canada headquarters are located at the Bank of Canada Building, 234 Wellington Street in Ottawa, Ontario. The building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ottawa - ON - Bank Of Canada
Ottawa (, ; Canadian French: ) is the capital city of Canada. It is located at the confluence of the Ottawa River and the Rideau River in the southern portion of the province of Ontario. Ottawa borders Gatineau, Quebec, and forms the core of the Ottawa–Gatineau census metropolitan area (CMA) and the National Capital Region (NCR). Ottawa had a city population of 1,017,449 and a metropolitan population of 1,488,307, making it the fourth-largest city and fourth-largest metropolitan area in Canada. Ottawa is the political centre of Canada and headquarters to the federal government. The city houses numerous foreign embassies, key buildings, organizations, and institutions of Canada's government, including the Parliament of Canada, the Supreme Court, the residence of Canada's viceroy, and Office of the Prime Minister. Founded in 1826 as Bytown, and incorporated as Ottawa in 1855, its original boundaries were expanded through numerous annexations and were ultimately repla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marine Debris
Marine debris, also known as marine litter, is human-created waste that has deliberately or accidentally been released in a sea or ocean. Floating oceanic debris tends to accumulate at the center of gyres and on coastlines, frequently washing aground, when it is known as ''beach litter'' or tidewrack. Deliberate disposal of wastes at sea is called ''ocean dumping''. Naturally occurring debris, such as driftwood and drift seeds, are also present. With the increasing use of plastic, human influence has become an issue as many types of (petrochemical) plastics do not biodegrade quickly, as would natural or organic materials. The largest single type of plastic pollution (~10 %) and majority of large plastic in the oceans is discarded and lost nets from the fishing industry. Waterborne plastic poses a serious threat to fish, seabirds, marine reptiles, and marine mammals, as well as to boats and coasts. Dumping, container spillages, litter washed into storm drains and waterways ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Externalities
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced goods involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example. The cost of air pollution to society is not paid by either the producers or users of motorized transport to the rest of society. Water pollution from mills and factories is another example. All consumers are all made worse off by pollution but are not compensated by the market for this damage. A positive externality is when an individual's consumption in a market increases the well-being of others, but the individual does not charge the third party for the benefit. The third party is essentially getting a free product. An example of this might be the apartment above a bakery receiving the benefit of enjoyment from smelling fresh pastries every morn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martin Luther King Jr
Martin Luther King Jr. (born Michael King Jr.; January 15, 1929 – April 4, 1968) was an American Baptist minister and activist, one of the most prominent leaders in the civil rights movement from 1955 until his assassination in 1968. An African American church leader and the son of early civil rights activist and minister Martin Luther King Sr., King advanced civil rights for people of color in the United States through nonviolence and civil disobedience. Inspired by his Christian beliefs and the nonviolent activism of Mahatma Gandhi, he led targeted, nonviolent resistance against Jim Crow laws and other forms of discrimination. King participated in and led marches for the right to vote, desegregation, labor rights, and other civil rights. He oversaw the 1955 Montgomery bus boycott and later became the first president of the Southern Christian Leadership Conference (SCLC). As president of the SCLC, he led the unsuccessful Albany Movement in Albany, Geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonviolent
Nonviolence is the personal practice of not causing harm to others under any condition. It may come from the belief that hurting people, animals and/or the environment is unnecessary to achieve an outcome and it may refer to a general philosophy of abstention from violence. It may be based on moral, religious or spiritual principles, or the reasons for it may be strategic or pragmatic. Failure to distinguish between the two types of nonviolent approaches can lead to distortion in the concept's meaning and effectiveness, which can subsequently result in confusion among the audience. Although both principled and pragmatic nonviolent approaches preach for nonviolence, they may have distinct motives, goals, philosophies, and techniques. However, rather than debating the best practice between the two approaches, both can indicate alternative paths for those who do not want to use violence. These forms of nonviolence approaches (pragmatic and principled) will be discussed in the later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Action
In legal terminology, a complaint is any formal legal document that sets out the facts and legal reasons (see: cause of action) that the filing party or parties (the plaintiff(s)) believes are sufficient to support a claim against the party or parties against whom the claim is brought (the defendant(s)) that entitles the plaintiff(s) to a remedy (either money damages or injunctive relief). For example, the Federal Rules of Civil Procedure (FRCP) that govern civil litigation in United States courts provide that a civil action is commenced with the filing or service of a pleading called a complaint. Civil court rules in states that have incorporated the Federal Rules of Civil Procedure use the same term for the same pleading. In Civil Law, a “complaint” is the first formal action taken to officially begin a lawsuit. This written document contains the allegations against the defense, the specific laws violated, the facts that led to the dispute, and any demands made by th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Civil Rights Movement
The civil rights movement was a nonviolent social and political movement and campaign from 1954 to 1968 in the United States to abolish legalized institutional racial segregation, discrimination, and disenfranchisement throughout the United States. The movement had its origins in the Reconstruction era during the late 19th century, although it made its largest legislative gains in the 1960s after years of direct actions and grassroots protests. The social movement's major nonviolent resistance and civil disobedience campaigns eventually secured new protections in federal law for the civil rights of all Americans. After the American Civil War and the subsequent abolition of slavery in the 1860s, the Reconstruction Amendments to the United States Constitution granted emancipation and constitutional rights of citizenship to all African Americans, most of whom had recently been enslaved. For a short period of time, African American men voted and held political office, but as time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prohibitionism
Prohibitionism is a legal philosophy and political theory often used in lobbying which holds that citizens will abstain from actions if the actions are typed as unlawful (i.e. prohibited) and the prohibitions are enforced by law enforcement.C Canty, A Sutton. ''Strategies for community-based drug law enforcement: From prohibition to harm reduction''; in T Stockwell, PJ Gruenewald, JW Toumbourou, WLoxley W, eds. ''Preventing Harmful Substance Use: The Evidence Base for Policy and Practice.'' New York: John Wiley & Sons, Ltd., 2005. pp. 225-236. This philosophy has been the basis for many acts of statutory law throughout history, most notably when a large group of a given population disapproves of and/or feels threatened by an activity in which a smaller group of that population engages, and seeks to render that activity legally prohibited. Examples Acts of prohibition have included prohibitions on types of clothing (and prohibitions on lack of clothing), prohibitions on gamblin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
