Breadcrumbs for Money Linked to Society

-Call for submission journal money

Journals – Association for Psychological Science

Time-as-Money Mindset Decreases Green Behaviors

Pacific Standard:

How can people be convinced to think about the environmental consequences of their behaviors? New research suggests one surprising piece of the answer may be: Pay them a salary, rather than an hourly wage.

 

In five studies, described in the journal Organizational Behavior and Human Decision Processes, they consistently found that “thinking about the economic value of time decreases environmental behavior.”

-Call for submission journal saving money

Wind energy is saving taxpayers money in Minnesota – The …

Nearly every time the wind blows in Mower County, Minnesota property taxes drop.

Most of that tax goes to the county, which uses it to offset property taxes. By law, the turbines themselves aren’t taxed, just the electricity they produce, County Coordinator Craig Oscarson said.

-Call for submission journal world without currency

World Economics Journal

The Global Financial and Economic Crisis, and the Creation of the Financial Stability Board

The 2007-2008 global financial and economic crisis precipitated a significant shift in the financial regulatory worldview (or paradigm) of political and central bank leaders from leading advanced and emerging states. With a common consensus on the required financial reforms, these actors moved swiftly to create a new organization. The Financial Stability Board (FSB) now stands at the centre of the global regulatory architecture, but it remains obscure, opaque, and closed to most external observers. The FSB needs to change as it matures to reflect its key role in global financial reform efforts.

 

What Were the Causes of the Great Recession?

Two ways of thinking about the causation of the Great Recession are contrasted: the ‘mainstream approach’ and the ‘monetary interpretation’. According to the mainstream approach, the Great Recession was due to the potential insolvency of the banking system and the correct antidote was tighter regulation. The paper proposes an alternative ‘monetary interpretation’, arguing that the macroeconomic trajectory of the major G7 economies in the Great Recession is readily understood by means of the monetary theory of the determination of national income. The main cause of the Great Recession is seen as a collapse in the annual growth rate of broad money from double-digit annual rates in the years before mid-2008 to virtually zero in the following three years. Further, the dominant reason for the money growth collapse was the abrupt and comprehensive tightening of bank regulation in late 2008. In particular, the raising of regulatory capital/asset ratios was a shock that intensified the downturn.

The Link Between Money and Nominal Spending

The recent financial crisis has reignited interest in the role of money and credit in driving economic activity. This article takes a broad overview of the historical data available for assessing the link between money, credit and activity, using the quantity theory of money as an organising framework. The article shows that when trying to apply this theory to historical data, a complicated interaction between money and nominal spending emerges. And a deeper understanding of the forces driving money demand and supply is required to interpret the information contained in money about the level of activity and inflation.

When Money Matters

The severe financial crisis that grips Spain has multiple causes. One has been the massive and continued expansion of the money supply since Spain’s accession to the Eurozone, and the non-negligible effects of this expansion on asset prices as well as on the structure of the economy. We analyse the main hypotheses underlying the mainstream macroeconomic models used in recent years to explain inflation and its relation to money. We then apply an ‘unobserved component model’ to test for the cyclical relation between money growth, inflation, asset (stock and real estate) prices and real GDP in Spain from 1998 to 2013. Based on the Spanish experience, our main finding is that, even though the money supply has become endogenous within the monetary strategy developed by the US Federal Reserve and the European Central Bank in recent times, the broad money supply and asset prices have shared the same cyclical component in the latest business cycle (1998–2013).

Money is Energy, and Empathy is the Currency for Changing

It comes down to real and direct interactions with other human beings. People are not corporate entities, they have feelings. They need to connect. The connection brings openness, availability and understanding. “For me,” says Jerry, “a breakthrough thought is that money is just a form of energy. Empathy is just a form of energy.” And furthermore, he says, “we can have this dialogue about how if everything we do is a means of reinforcement for our interdependence and interconnectedness as beings, then hot damn! We don’t have to be so alone!”

Call for Papers | 49th Parallel Journal

“Let me tell you something. There’s no nobility in poverty. I’ve been a poor man, and I’ve been a rich man. And I choose rich every time” – Leonardo DeCaprio as Jordan Belfort, The Wolf of Wall Street (2013)

-Call for submission journal social behavior money

Journal of Business Ethics – ResearchGate

We develop an intricate theory with provocative implications: Procedural justice produces obedience. For “individualists”, interactional justice inspires loyalty and, interestingly, distributive justice “can only buy” participation, but “can’t buy” loyalty. Therefore, for individualists, interactional justice outweighs distributive justice for organizational loyalty. Based on Kyrgyz citizens’ justice, OCB, and individualism, our theory reveals novel insights regarding culture, money attitude, and intrinsic motivation and provides critical and practical implications to the field of business ethics.

Online Library Wiley

Does a money-is-all attitude cause alienation? A cross-cultural comparison of Korea, the US and Sweden

  • Money-is-all attitude;
  • alienation;
  • cross-cultural comparison;
  • Korea;
  • US;
  • Sweden

Money is increasingly being attributed more value in society, although a money-is-all attitude decreases social relationships and increases alienation in modern, industrialized societies. This research investigated the influence of this money-is-all attitude on alienation based on a cross-cultural comparison of Korea, the US and Sweden. The money-is-all attitude was defined as a perspective in which money is regarded as an indicator of achievement or success.

Self-administered online surveys were conducted with consumers ranging between the ages of 20 to 49 in Korea, the US and Sweden. The money-is-all attitude and alienation seemed to be more pervasive in Korea than in the US or Sweden. The money-is-all attitude was the factor with the strongest influence on alienation when controlling for socio-demographic factors. Furthermore, participation in sports activities was an important factor in decreasing alienation levels. The findings of this research imply that materialistic ways of thinking increase alienation and that money cannot contribute to human happiness and well-being. In addition, active participation in social activities can decrease alienation.

The research results suggest that a materialistic, money-is-all attitude negatively influences alienation across cultures; in addition, in the US, an affluent consumption-based country, the money-is-all attitude had more explanatory power for alienation than in Sweden and Korea. A change in values to overcome the money-is-all attitude is required and the concepts of sufficiency and mindfulness are suggested as alternative life perspectives for the pursuit of well-being.

http://onlinelibrary.wiley.com/doi/10.1111/ijcs.12137/full

Emerald | International Journal of Entrepreneurial Behavior …

Surname, Initials (year), “Article title”, Newspaper, date, pages.

e.g. Smith, A. (2008), “Money for old rope”, Daily News, 21 January, pp. 1, 3-4. – See more at: http://www.emeraldgrouppublishing.com/products/journals/author_guidelines.htm?id=ijebr#sthash.f4sqL0jc.dpuf

Journals Elsevier Search

http://www.elsevier.com/s/search.html?profile=_default&form=sitesearch&collection=elsevier-meta&query=economic+behavior+and+organization+articles

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Could the World Function Optimally Without Money?

One thing that is extremely influential in today’s society is money. Many times people’s entire lives depend on it and the success of their careers to bring in as much money as possible. But just imagine what the world would be like it without it. Would the world turn to madness and have to structure or economy? Or would we function off of trade and favors out of generosity and the willingness to help others?

Personally, I believe the world really would be a better place if money never developed. I believe that most people who do some of the hardest most taxing job often get less appreciation and get paid much less than those in positions of less taxing jobs. It’s just the way our society has developed. Due to the high interest in more material things in life and the need for so many jobs in the electronic or technological field of advancement, a lot of times people forget about the “little people” who keep the rest of the world running like it’s supposed to. Maybe our world shouldn’t rely so much on these advancements. I’m not saying they never should’ve developed, but I don’t agree with how high of a demand our society has for these things. Like cell phones. I love my phone, but one time I went an entire summer without a cellphone and instead of working at my moms graphic design office answering phones, I volunteered at a children’s center and helped with daycare and keeping the facility clean. Its jobs like that and other manual labor jobs that should be among the most important. And not having my phone for that entire summer was honestly kind of refreshing.

There are many different opinions on this particular subject, on man in a post I read says “…society would split itself into various Groups/Sects based on Profession and then there would be exchange of Raw Material, Grocery, Clothe, Precisions Stones and Goods…. It would be a world that would justify certain social inequalities that exist today…” One thing we could identify here is “social inequalities”; what are these social inequalities? Are these in terms of recognition for hard work? Funding for more unnecessary projects rather than necessary projects? For example, would the farmers and construction workers success tower over the computer IT guys, or the founders of programs such as Microsoft or Apple, or maybe ever cellphone companies?

One thing that could be left up to dispute in this statement however, is “society would split itself into various Groups/Sects based on Profession”. How do we know that would actually happen? Would people break off into groups based on what they are already doing or would they instead break away and try accepting and learning new skills given this new opportunity in society? Would they maybe experience something new in light of being able to have greater and easier access to being able to lean a new profession? This statement isn’t really absolute, there is no actual way to predict how people would react in terms of productivity when it comes to a huge societal change.

A man named Richard Luster claims “Our technology is now at a level where we can comfortably provide for everyone without the need for hard labor… We don’t need money to build machines, we can just build them. Tasks that can’t be automated can be rotated among a populace who would be more than happy to dedicate a small portion of their time to a community that sustains them.” One term to evaluate here is “comfortable provide” a lot of times in our society, what one person believes to be “comfortable living” may not necessarily be the same thing for another. Due to the extreme differences in income and lifestyles of our society it would most likely be hard for people to agree upon a common standard of what “comfortable living” is. People are always going to have varying standards and desires for their way of living.

One statement that could raise question or add complication to the general idea is “…rotated among a populace who would be more than happy to dedicate a small portion of their time to a community that sustains them.” Would people really be that easily persuaded and motivated to work for free or just for the good of society? Would there have to be other compensation or incentive given for people to actually get up and out and work and do their necessary jobs? Would a trade system have to be put forth in order to maintain a natural balance of what does what and who is owed what?

In general, the idea of a world without money could potentially be an amazing and easier way of living. It could allow people to do more of the jobs they want to do instead of the ones they feel they “need” to do because of the income it brings. However, there are many aspects of living in a society like this that would have to be handled and carefully accessed to create a specific set of rules or a system for exchange and trade in order to keep order within the society. I believe there is much potential for a society with such values and standards, it would just require extreme enforcement.

Sources:

http://www.ted.com/conversations/6688/with_recent_worldwide_monetary.html

https://answers.yahoo.com/question/index?qid=20130813045031AAEba9w

http://www.quora.com/What-would-a-world-without-money-be-like

http://www.investopedia.com/articles/07/roots_of_money.asp

http://www.econedlink.org/lessons/index.php?lid=750&type=student

Understanding Literacies

When it comes to understanding literacies, there are many aspects to writing and interpretation along with discourse communities and what swale’s has to say. I am still a little confused about the whole concept and fully understanding literacies and discourse communities. If there were one thing swale’s says that pertains to understanding literacies in todays generation its that discourse communities are heavily influenced by a persons specific level and acuteness of literacy.

21st Century Literacy

As the 21st century continues, there are many different aspects of advances and changes in literacy since the 20th century. There are many negatives such as: too much reliance on technology, social networking adaptations, adapted literacy with texting, technology etc. Along with this tho, there are many positives such as: sharing ideas or emotions more quickly or freely, having greater ethical responsibilities and tolerance for those with disabilities or literacy challenges, communication which people typically out of reach. Overall I would say that the biggest difference in literacy between the 20th and 21st century is technology. I believe that as our society evolves and advances, our level of literacy will have to adapt and represent the particular areas where literacy is important to these societal developments.