Economics, Politics, and Religion: Social Justice |
The purpose of this blog is to discuss topics in Economics, Politics, and Religion from a social justice approach. I am a strong believer in ethics; and I truly believe that no anlytical methodology is strong without an ethical perspective that, at least, attempts to assign people their respective rights. However, there will be posts that don't analyze all topics through ethics; but all posts will mantain a tangent to one of the three subjects. |
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Notes The Multiplier effect: How the economy stays slowThis New York Times article is a good example of how the economy stays slow. While I am not sure about some of the numbers presented in the article; nonetheless, it does a good job of showing how short term changes or adaptions (call it whatever) in consumer behavior have chain effects throughout the economy.
There are two ways to look at the findings of this article, I guess. One could look at it and say, “See, things will be fine. Its just a matter of time.” I read the article and say, “Yes, the economy will get better. However, do we want to go back to the same pattern of consumer behavior as before?” When do we start having the discussion about what ought to be future make-up of our consumer economy?
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