Examining Ethical Controversies Essay Example | Topics and Well Written Essays - 500 words

Examining Ethical Controversies - Essay Example This has shaped our attitudes towards an ethical or moral problem and we usually assume that the arbiter of the dispute, be it the judiciary or the government or any other dispute resolution mechanism would look at both sides of the issue and come out with a balanced verdict. However, there is another school of thought that states that â€Å"one side can be totally wrong† in an ethical dilemma. If one takes this statement at face value, we would be giving in to one side of the debate. However, ignoring it would mean that we may unwittingly play into the hands of one side that is obstructionist and fundamentalist. If we can apply this to the debate over intelligent design vs. creationism, we would find that the advocates of intelligent design may have got it wrong. Thus, one side can be totally wrong in their assessment of the situation. This is the first learning that I have made when it comes to evaluating ethical controversies. The next point relates to the so-called â€Å"moral hazard†. This is a term that has been applied to the recent bailout of banks and wall street operators by the government. Thus, the line of argument goes that one cannot let the perpetrators of the unethical lending practices walk away without paying the price. The other side of the debate is that the whole financial system is at risk. Thus, this question over the morals of punishing the few or saving the many would let us think about the whole issue of whether the oversight that is required was missing in the first place. Thus, the second learning is that regulators and the government officials in charge of overseeing fair practices have a lot to do and in this case, answer for. When we consider the right to die or the argument for Euthanasia, we charter into territories where the person who is administering the drug that would kill the terminally ill patient is â€Å"playing god†. This was particularly evident in the debate over Terry Schivaio. My take on this would be that

Economic Trend in Countries Like Ireland, Malaysia, Essay

Economic Trend in Countries Like Ireland, Malaysia, - Essay Example an Institute of Economic Research, such corrective measures have led to an increase in most of the consumer product prices, thus raising the cost of living. Such a situation is giving inflation an upper hand, especially with issues revolving around the cost-push and demand-pull factors being on the rise. In a report made by the Department of Statistics of Malaysia, there was a noticed expansion in the nation’s Gross Domestic Product (GDP) in the 2013 fourth quarter. There is a sense of growth in Malaysia because it is demonstrating to be an economic pace-setter in the Asian region. The table below shows the GDP growth rate of Malaysia since 2010, expressed as a percentage. From the table, it is very clear that the last quarter in the year 2013 recorded an improvement of 2.4% from the previous quarter that was at 1.9%. However, TradingEconomics.com records that the total growth rate in 2013 fell to 5.6 from 6.4 in 2012. There is a clear indicator that Ireland’s GDP recorded a 2.4 percent in the fourth quarter of 2013, which is due to the massive imports and a reduction in the general consumer expenditure. This is in relation to IAB Treasury Economic Research as shown in the chart below. The Economic and Social Research Institute confirms that there are many investment opportunities in Ireland. This is because there are positive trend in the machinery and equipment purchases. The statistical calculations indicate that the trend has grown by a margin of 11 percent. In addition, there is a huge growth base in the construction industry, which indicates good improvement. Regarding Ireland’s expenditure, there is a massive growth in imports (stlouisfed.org). Statistically, there is a 1.0% improvement in government spending as compared to the 2013 third quarter, which was at 4.9%. The imports show a slight improvement that is 0.8% as compared to the previous quarter, which was at 0.5%. Ireland’s expenditure had 9.8 percent in the total exports because of a