monetary system would be that changing to another monetary system could result in the destabilization of economy (Williams 1-2). Williams concludes by describing why a gold standard would be disadvantageous. Williams has written many articles for the Motley Fool and has a B.A. in Economics. He has been writing for the Motley Fool since 2010 and often writes about macroeconomics and marijuana. He explains that although money backed by precious metals, usually are stable in value, sometimes
Words: 1708 - Pages: 7
“We Should Legalize Drugs” It is frequently stated that illicit drugs are "bad, dangerous, destructive" or "addictive," and that society has an obligation to keep them from the public. There is nowhere that you can find reliable, objective scientific evidence that they are any more harmful than other substances and activities that are legal. In view of the enormous expense, the carnage and the obvious futility of the "drug war," resulting in massive criminalization of society, it is high time
Words: 983 - Pages: 4
the use of hard drugs such as cocaine and marijuana. Every year, United States spends billions of dollars on increased health care cost, low productivity and increase in crimes. According to the National Institute on Drug Abuse, substance abuse costs United States 524 billion dollars a year of which 181 billion dollars is as a result of illicit drugs. Given the huge expense, there is therefore a need to understand the physical, social and psychological effects that substance abuse presents, analyze
Words: 3417 - Pages: 14
June 1971, and today 44 years later it’s still alive and well. However, it’s a shame the majority of us don’t know why the nation is still wasting its time fighting this unjust war on narcotics. Many currently illegal drugs, such as opium, coca, marijuana, and various psychedelics (Mescaline, Ayahuasca) have been used for thousands of years for legitimate medical and spiritual purposes. So why is it that so recently our nation has declared these drugs as sinister? Why are some drugs legal and some
Words: 626 - Pages: 3
“We Should Legalize Drugs” It is frequently stated that illicit drugs are "bad, dangerous, destructive" or "addictive," and that society has an obligation to keep them from the public. There is nowhere that you can find reliable, objective scientific evidence that they are any more harmful than other substances and activities that are legal. In view of the enormous expense, the carnage and the obvious futility of the "drug war," resulting in massive criminalization of society, it is high
Words: 984 - Pages: 4
QUESTION: Market economy is the one in which decisions about the allocation and use of resources by producers and consumers are primarily through a system of markets and prices (Hodgetts, R and Smart, T.L.). According to O’Connor (1988) a market economy is an economic system where resources are largely owned by private individuals and firms who seek to make profits. In a market economy there is operation of free markets of demand and supply to determine the market equilibrium. Also there is very
Words: 1817 - Pages: 8
BSB113 Economics RESEARCH REPORT Word Count: 1247 Table of Contents 1.0 Introduction………………………………………………………………...……3 2.0 Setting the context ...………………………………………………………......3 3.0 A description of the relevant economic model...…………………………….5 4.0 A critical analysis of the key arguments……………………………………...6 4.1 Alcopops tax…………………….…………….…………….…………......6 4.2 Minimum pricing policy …………….…………….…………….…………7 4.3 Non-pricing policy…………….…………….…………….……….……….7 5.0 Conclusion...……………………………………………………………
Words: 2074 - Pages: 9
this time, it was assumed that the male of the household would be the bread winner or provider in each household. The women would play a very important role in maintaining a stable home life. To promote a stable living during this time, a positive economy was a must. The year that I was born just so happened to be an election year and the country was in the heart of a changing time especially due to a new decade approaching and American’s wanting change. George H. W. Bush was inaugurated on January
Words: 1147 - Pages: 5
Criminal Justice Trends Demetria Wakefield CJA/394 May 13, 2014 Earl Garrett Criminal Justice Trends The criminal justice system is changing every year to protect and serve society better than the years before. The United States government, the state police, and local police look at the past to make changes for the future in fighting crime. The responsibilities of the state and local police are to fight crime by enforcing the law, apprehended offenders, prevent crime, and preserve the peace
Words: 2404 - Pages: 10
Physiology and Psychological Distress of family and friends of an Addict. Vonsha Marshall COM/156 July 7, 2013 University of Phoenix Ms. Roberts Introduction Even though you may not be the person using alcohol or drugs, or violating the law, you can Certainly be a victim of an alcohol or drug-related crime. In fact, millions of people each year are victims of alcohol or drug related crime, including millions of young people. (NCADD, 2013). Generation after generation have
Words: 2050 - Pages: 9
