Conventional Wisdom, By John Kenneth Galbraith

A poet once said, “There are two documents in American history that made America what it is today. Common Sense by Thomas Paine was inspiring to many American colonists as it was persuasive in showing how the colonists should have their own independence. Paine appealed the average citizen’s rationale, hence the title Common Sense. Paine’s pamphlet illustrates the importance of independence, and argues that colonial life under British rule was detrimental to America’s potential to become prosperous. In a fairly lengthy, but readable style, Paine discusses the differences between democracies and monarchies, specifically Great Britain’s. Paine shows how monarchy creates large disparities between the Kings and Queens and the average citizens, and the citizens have no voice in who becomes their ruler. By contrast, he believes that a government under democratic rule elects leaders based on the demand of the people. Much shorter, but just as equally influential, The Declaration of Independence was a famous document that was authored primarily by Thomas Jefferson. Jefferson mentions how the colonies should be considered as equals with their English counterparts and why it is important for man to have freedom. Paine and Jefferson both want Americans to succeed, but they also have some notable differences in their documents. The Declaration of Independence called for the colonists to have the same rights as the British, and it was mainly directed for England to see that Americans

However, once out of prison for a while, he knew that this wasn’t possible in the real world, like it was in prison. He now had to make a choice. Once in Prison again, after a failed attempt at gang unity, he realized that the “Afrikan” race as a whole along with his newfound responsibility to his family(wife and kids), was more important than the “set”, and that he would now leave the “set” and the gang life. However this was no easy task, as most who attempt to leave the “set” don’t succeed or die trying. It took him a whole three years to leave the Crips. He now, however, unlike before, realized that a banging was wrong for more than just the black on black crime and such, but that it was a matter of morals and family, and he now no longer took pride in his past actions, but still took responsibility for them(page 357). Once out of prison again, he was now out of the “set” and could start a more normal life with his family and with a real paying job. He was still however part of the New Afrikan Independence Movement, and also devoted to stopping the causes of gangsterism(page 377).

Through increasing the reward to such a significant amount and flooding the public eye with images of the gang, the Colonial Governments could attempt to decrease the support base which the gang could utilise to hide from the law by turning the Robin Hood status of the gang into one of murderous outlaws.

There are certain beliefs about the world that we can conclude to be absolutely true. For Moore, these beliefs are Common Sense. It is our basic view and common sense of the world that is correct. Moore believes that you have to be justified in what you believe, and common sense is an adequate way of justifying those beliefs. In “A Defense of Common Sense”, Moore argues these claims in 5 different sections. These include: certain knowledge of truisms, the distinction between mental facts and physical facts, the existence of God, God creating all material things and the afterlife, how common sense propositions are to be analyzed concerning sense-data, and how philosophers are confused about analyzing interactions between the external world

Conventional wisdom, two words which are defined as “generally a theory or a belief” is one of the themes in this book which is often wrong. According to John Kenneth Galbraith, conventional wisdom is comfortable and simple and not necessarily true. The definition Galbraith gave, surprisingly, seems to be accurate. Many people in this world have their own beliefs and theories which don’t necessarily have to be true. What one beliefs as true may not be considered as the truth in someone else’s life. For example, my mom’s beliefs are completely different from her older brother’s, so therefore as Galbraith said, I now understand why conventional wisdom is humble and convenient rather than always being true. In this chapter, the simple and the

The first conventional wisdom is Thomas Friedman , saying that online courses will reduce poverty (paragraph 4). Based on conventional wisdom, when the words “reduce poverty” is mentioned in a new idea/concept, people tend to pay more attention. And, an idea that could reduce poverty is almost always sounded good.

Research of material culture studies has engaged a significant group of historians and social scientists to work with since the second half of last century, among which the study of narcotics or drugs in social cultural context is a watchable field therein. Narcotics or drugs are special commodities which have brought profound effects to human society ever since their introduction. Other than foods which satisfies basic human needs, narcotics or drugs have the special function in medical and

This drug, which is called Prozium, soon became the symbol of the society. Not only was it a symbol within the society, but it was the law. This society was based around material culture because everyone was force to take the dose of drug created by the leaders but

“In How to Make Our Ideas Clear” By Charles S. Peirce the passage starts by defining the difference between clear and obscure conceptions, and between distinct and confused conceptions. A clear idea is defined as a true belief that cannot be mistaken. If it lacks this property than it is defined as obscured. A distinct idea can be defined as an idea that lacks clarity. Peirce criticizes that “since is it clearness that they were defining, I wish the logicians has made their definition a little more plain”. Pierces point is demonstrating his concept is superior to that of Descartes and Leibniz. The pragmatic maxim function is to guide the behavior of ones thoughts towards the achievement of its purpose “attaining clearness of apprehension”.

In the 1970s, cocaine emerged as the fashionable new drug for entertainers and businesspeople. Cocaine seemed to be the perfect companion for a trip into the fast lane. It “provided energy” and helped people stay “up.”

Generally accepted accounting principles, better known as (GAAP) discloses statements and reports financial information dealing with businesses and organizations. They are rules made by the Financial Accounting Standards Board (FASB) in which are commonly used in the health industry to maintain the decisions of the organization. GAAP gives detailed information to investors about the budget of the organization and their debt. GAAP includes the most common principles used in the health care setting. They are; the entity concept, going-concern concept, matching principle and cash vs. accrual accounting, cost principle, objective evidence, materiality, consistency, and full disclosure

Becoming a drug dealer on the streets of Chicago neither serves to increase one’s life expectancy nor helps to gain some goodwill from the neighborhood police department. But then why do people want to make a living out of dealing cocaine? The reason for such a life choice is because of incentives. The incentive people respond to in this case is money. Cocaine dealers configure their whole identity around crime, gang affiliations, and drugs because of money. A crack dealer and a gang boss to most people does not seem like a glamorous profession; however, for people growing up in poverty stricken neighborhoods, drug dealing and gang ties look to be rather lucrative ventures.

Imagine you are part of a plane crash, you and many other people, are trying to get on board of the only lifeboat that is available. Unfortunately it’s already carrying too much weight and you must decide who stays and who goes. Leaving the elderly people behind would be a wise decision since they have limited motor skills and in an environment of survival it might be a risk. If any of them happen to have a disability it will impact their rate of survival. In a situation as dire as the one presented it’s important to have the means necessary to secure the survival of many. “John Stuart Mill, by contrast, argued that the rules of right and wrong should above all else achieve the greatest good for the greatest number of

People persist with many misconceptions and seem to prefer rags-to-riches success stories over the hard facts that the disparity between the haves and have-nots continues to increase. These misconceptions include:

This is a far cry from the 1950s, 1960s and 1970s, where the received wisdom