Inquiry Contribution Development

Evaluate our own discourse community, think about target audience, generate contribution and platform. Contribution will be set and expressed through platform. Opening will point to contribution and determine the context and key point, then expand and give detail to what research has been done and facts that have been found and already been done and also what we are adding. Add pictures, videos, articles, blog, personal opinions and comments, etc. Determine audience formal or informal? Tone, context, specifics, and mood of text suited to audience. Make sure to include additional required elements of format for platform (ex. index, page numbers, colors, size of text, MULTIMEDIA!, illustrations, music, symbols, keys, web addresses, sources, etc.). Add personal media, perspectives and input. Put this in general authority, not just specific to the class.

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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

My Groups Progress Through Inquiry

Throughout working on this inquiry project, both of my group members and I have been exploring different avenues of this topic. Each of us were assigned specific questions that we were to try and answer about our topic, through our individual research. During this process we have all been realizing just how difficult it is to find sources and concrete research on this topic. Given the fact that our main question is “what would the world be like without money?” is a hypothetical question, research on this topic is limited. Even with these constraints, I believe my group and I are doing a great job so far evaluating the possibilities and picking apart this topic.

Ellana’s job in in this inquiry process is evaluating the questions: Psychology between owing someone something, why as humans do we need to be paid back? And was there a turning a point for money to come into existence? One thing I’ve noticed since reading Ellana’s posts is that she has a great line of clear thinking that goes into her writing, you can really she the definitive avenues she choses to go down throughout her research and writing. There is a great amount of detail she presents and lots of intriguing questions she asks to further her writing process. So far, I think she is doing a great job with her part of this inquiry project. One suggestion I might have for her is to explore different areas of thinking, try and piece things that seem unrelated to the topic into new directions of her writing.

https://evallad2.wordpress.com/category/inquiry/

Larissa’s job in this inquiry process is evaluating the questions: How did currency develop in cultures? And how did bartering turn into currency? One thing I’ve noticed since reading Larissa’s posts was how great her research is and how much she is able to relate things from her sources into answering her specified inquiry questions. However, I am beginning to realize a narrowing of the topic instead of a broadening. I realize this is because she has the challenging job of taking fact based material and trying to turn it into something more abstract or create a new line of thinking while still remaining on topic and within the confines of her specified questions. She has given great detail so far in her writing and I feel like if she could continue this same way of writing while branching out a little more, she could accomplish a lot through her writing on this topic. One word of advice I would give to her would be to not to be scared to go completely out of range in her research from what she has been typically sticking to At this point our questions will be changing no matter how hard we try and that’s okay. It will allow for more opportunities and knowledge on exploring different angles of this theoretical society and its true potential.

https://llynch9.wordpress.com/2015/02/16/a-different-view-on-money-in-history/

What is Money’s Connection to Humanity

In society, we have a major dependency on money to keep this economy afloat. Often times, money causes such stress in people’s lives for those who don’t have much of it. My inquiry groups question was, “what is money’s connection to humanity?” I guess what we are really asking is more so, what and why, money has become so important to our society. My two focus points in entering this large question are: What would happen if money never developed in our society? And If we still used trade system how would that affect our advancement in technology?

The first question I attempted to answer upon my ‘listening’ process was “what would happen if money never developed in our society?” This was a little tricky to answer especially because there is no definitive, general consensus to this question, given that it’s hypothetical. One post I found about this question was “…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…. the people who know farming/carpentry/blacksmiths/potters etc would probably be at a greater advantage compared to others. It would be a world that would justify certain social inequalities that exist today…” (N, 2013). Another man spoke about the 1960’s mince experiment conducted by John B. Calhoun. In this experiment, the mice were provided with anything they needed all the time and lived blissfully and easily. Then one day some mice went mad and because aggressive and cannibalistic. After these less stable mice weeded themselves out, there population was left to the few calm and gentle minded mice who then reproduced and rebuilt the population with what would basically be a highly intelligent bread of mice. There could be many pros and cons to both of these situation but one article I came across by a man named Viswanathan, was about the eight components of an economy that would be in contrast to todays society, if the world didn’t have money. These eight components are: Matrix Problem leading to high cost of transaction, multiple grades, verification of authenticity, things get spoiled and hence savings become impossible, banks will die, transfer of money will get really hard, taxation and data collection will be real problem, indivisibility problem. Each of these components is very important in in our economy today.

My second question of this idea was even harder to answer, being that there is not way to actually test this theory, and it is mainly just ideas and hypotheses. An article written by Andrew Beattie says, “Bartering is a direct trade of goods and services – I’ll give you a stone axe if you help me kill a mammoth – but such arrangements take time. You have to find someone who thinks an axe is a fair trade for having to face the 12-foot tusks on a beast that doesn’t take kindly to being hunted. If that didn’t work, you would have to alter the deal until someone agreed to the terms.” This example shows that the process of bartering is one that takes time and acquaintances and knowing the people well. Money however, isn’t thought about with such great details. You simply want something, and you use money to get it. As far as trade affection technology, I believe it may have an affect on how quickly our society develops new technologies. Given the amount of times it takes to make exchanges and deals with people for needed materials and recourses, the speech of this process would most likely drag behind the rate of which new idea and projects of people develop. This would in turn theoretically slow down our technological advancement of society. But who is to say that is a bad thing? Aren’t there many people today who wish for a less technology-involved society? If we had never switched to a money based economy, maybe we wouldn’t know any different and me more happy and content with a world less focused on technology.

Sources:

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