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Freedom Of Choice
Freedom of choice describes an individual's opportunity and autonomy to perform an action selected from at least two available options, unconstrained by external parties. In politics In the abortion debate, for example, the term "freedom of choice" may emerge in defense of the position that a woman has a right to determine whether she will proceed with or terminate a pregnancy. Similarly, other topics such as euthanasia, vaccination, contraception, and same-sex marriage are sometimes discussed in terms of an assumed individual right of "freedom of choice". Some social issues, for example the New York "Soda Ban" have been both defended and opposed, with reference to "freedom of choice". In economics In microeconomics, freedom of choice is the freedom of economic agents to allocate their resources (such as goods, services, or assets) as they see fit, among the options that are available to them. It includes the freedom to engage in employment available to them. Ratner et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opportunity
Opportunity may refer to: Places * Opportunity, Montana, an unincorporated community, United States * Opportunity, Nebraska, an unincorporated community, United States * Opportunity, Washington, a former census-designated place, United States * 39382 Opportunity, an asteroid Arts, entertainment, and media Music * "Opportunity" (Pete Murray song), 2006 * "Opportunity", a song by The Charlatans * "Opportunity", a song from '' Annie'' * " Opportunities (Let's Make Lots of Money)", a song by Pet Shop Boys * "Oppurtunities", by Jesper Kyd from the 2018 Indian film ''Tumbbad'' Other uses in arts, entertainment, and media * ''Opportunity'' (film), a 1918 film * '' Opportunity: A Journal of Negro Life'', a literary periodical of the Harlem Renaissance * '' The Opportunity'', a 17th-century play Finance * Opportunity International, a microfinance network that lends to the working poor * Opportunity NYC, a 2007–2012 experimental conditional cash transfer program in New York City ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quality (business)
In business, engineering, and manufacturing, quality – or high quality – has a pragmatic interpretation as the non-inferiority or wikt:superiority, superiority of something (goods or service (economics), services); it is also defined as being suitable for the intended purpose (fitness for purpose) while satisfying customer expectations. Quality is a perceptual, conditional, and somewhat subjectivity, subjective attribute and may be understood differently by different people. Consumers may focus on the Acceptance testing, specification quality of a product/service, or how it compares to competitors in the marketplace. Producers might measure the Conformance testing, conformance quality, or degree to which the product/service was produced correctly. Support personnel may measure quality in the degree that a product is wikt:reliable, reliable, Maintainability, maintainable, or sustainability, sustainable. In such ways, the subjectivity of quality is rendered objectivity (philosoph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Game Theory
Game theory is the study of mathematical models of strategic interactions. It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. Initially, game theory addressed two-person zero-sum games, in which a participant's gains or losses are exactly balanced by the losses and gains of the other participant. In the 1950s, it was extended to the study of non zero-sum games, and was eventually applied to a wide range of Human behavior, behavioral relations. It is now an umbrella term for the science of rational Decision-making, decision making in humans, animals, and computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum games and its proof by John von Neumann. Von Neumann's original proof used the Brouwer fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathematical economics. His paper was f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deductive Reasoning
Deductive reasoning is the process of drawing valid inferences. An inference is valid if its conclusion follows logically from its premises, meaning that it is impossible for the premises to be true and the conclusion to be false. For example, the inference from the premises "all men are mortal" and " Socrates is a man" to the conclusion "Socrates is mortal" is deductively valid. An argument is ''sound'' if it is valid ''and'' all its premises are true. One approach defines deduction in terms of the intentions of the author: they have to intend for the premises to offer deductive support to the conclusion. With the help of this modification, it is possible to distinguish valid from invalid deductive reasoning: it is invalid if the author's belief about the deductive support is false, but even invalid deductive reasoning is a form of deductive reasoning. Deductive logic studies under what conditions an argument is valid. According to the semantic approach, an argument is valid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axiomatic System
In mathematics and logic, an axiomatic system is a set of formal statements (i.e. axioms) used to logically derive other statements such as lemmas or theorems. A proof within an axiom system is a sequence of deductive steps that establishes a new statement as a consequence of the axioms. An axiom system is called complete with respect to a property if every formula with the property can be derived using the axioms. The more general term theory is at times used to refer to an axiomatic system and all its derived theorems. In its pure form, an axiom system is effectively a syntactic construct and does not by itself refer to (or depend on) a formal structure, although axioms are often defined for that purpose. The more modern field of model theory refers to mathematical structures. The relationship between an axiom systems and the models that correspond to it is often a major issue of interest. Properties Four typical properties of an axiom system are consistency, relativ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British America
British America collectively refers to various British colonization of the Americas, colonies of Kingdom of Great Britain, Great Britain and its predecessors states in the Americas prior to the conclusion of the American Revolutionary War in 1783. The British monarchy of the Kingdom of England and Kingdom of Scotland—later named the Kingdom of Great Britain, of the British Isles and Western Europe—governed many colonies in the Americas beginning in 1585. From 1607, numerous permanent English settlements were made, ultimately reaching from Hudson Bay, to the Mississippi River and the Caribbean Sea. Much of these territories were occupied by Indigenous peoples of the Americas, indigenous peoples, whose populations declined due to Epidemic, epidemics, wars, and massacres. In the Atlantic slave trade, England and other European empires shipped Africans to the Americas for labor in their colonies. Slavery became essential to colonial production, as on Barbados, Jamaica, and oth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Index Of Economic Freedom
The ''Index of Economic Freedom'' is an annual index and ranking created in 1995 by The Heritage Foundation and ''The Wall Street Journal'' to measure the degree of economic freedom in the world's nations. The creators of the index assert that they take an approach inspired by Adam Smith's ''The Wealth of Nations'', that "basic institutions that protect the liberty of individuals to pursue their own economic interests result in greater prosperity for the larger society". Purpose The Heritage Foundation's ''Index of Economic Freedom'' states that, "Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please. In economically free societies, governments allow labor, capital, and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself." By pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Heritage Foundation
The Heritage Foundation (or simply Heritage) is an American Conservatism in the United States, conservative think tank based in Washington, D.C. Founded in 1973, it took a leading role in the conservative movement in the 1980s during the Presidency of Ronald Reagan, presidency of Ronald Reagan, whose policies were taken from Heritage Foundation studies, including its ''Mandate for Leadership''. The Heritage Foundation has had significant advocacy, influence in U.S. public policy making, and has historically been ranked among the most influential public policy organizations in the United States. In 2010, it founded a sister organization, Heritage Action, an influential activist force in conservative and Republican Party (United States), Republican politics. Heritage leads Project 2025, also known as the 2025 Presidential Transition Project, an extensive plan that includes appointing ideologically aligned civil servants, restricting abortion access, opposing LGBTQ+ rights, trans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free To Choose
''Free to Choose: A Personal Statement'' is a 1980 book by economists Milton and Rose D. Friedman, accompanied by a 10-part series broadcast on public television, that advocates free market principles. It was primarily a response to an earlier landmark book and television series '' The Age of Uncertainty'', by the noted economist John Kenneth Galbraith. ''Free To Choose'' has been translated into two dozen languages and a companion book. In 2020, ''Reason'' marked the 40th anniversary of ''Free to Choose'', writing that it "proved capitalism is superior to socialism." Overview ''Free to Choose: A Personal Statement'' maintains that the free market works best for all members of a society, provides examples of how the free market engenders prosperity, and maintains that it can solve problems where other approaches have failed. Published in January 1980, the 297-page book contains 10 chapters. The book was on top of the United States best sellers list for five weeks. PBS broadc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libertarianism
Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according to which each individual has the right to live as they choose, as long as they do not violate the rights of others by initiating force or fraud against them. Libertarians advocate the expansion of individual autonomy and political self-determination, emphasizing the principles of equality before the law and the protection of civil rights, including the rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. They generally support individual liberty and oppose Political authority, authority, State (polity), state power, warfare, militarism and nationalism, but some libertarians diverge on the scope and nature of their opposition to existing Economic system, economic and political systems. Schools of li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Road To Serfdom
''The Road to Serfdom'' is a book by the Austrian-British economist and philosopher Friedrich Hayek. In the book, Hayek of the danger of tyranny that inevitably results from government control of economic decision-making through central planning." He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual. Hayek challenged the view, popular among British Marxists, that fascism (including Nazism) was a capitalist reaction against socialism. He argued that fascism, Nazism, and state-socialism had common roots in central economic planning and empowering the state over the individual. Since its publication in 1944, ''The Road to Serfdom'' has been popular among liberal (especially classical liberal) and conservative thinkers. It has been translated into more than 20 languages and sold over two million copies (as of 2010). Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
