August

In: Business and Management

Submitted By augian18
Words 2784
Pages 12
A Short Memorandum on Law, Regulation, and Consumption
Dr. Bronwen Morgan

A. Standard Economic Approaches

A highly simplified standard (neoclassical) economic account of the relationship between law, regulation and consumption would posit that, first, the arena for consumption is constituted at a background level by law. General legal rules of contract provide the framework within which consumption choices are made, while general legal rules of tort, or wrongful harm, provide a post-hoc means of remedying a range of the possible damage or harm that might flow from consumption choices.

Regulation enters the picture in both specific and general ways, all of which aim essentially to pre-emptively correct market failures that might harm vulnerable consumers. General statutory consumer protection rules (for example prohibiting certain terms in standard contracts, or unfair pressure in situations of unequal bargaining power) are supplemented by sector-specific statutory attempts to mitigate or prevent particular harms and risks that might be suffered by consumers, whether through poor water quality, contaminated food, morally offensive publications for children or the like.

In this picture, regulation is the skeleton that gives shape and structure to a well-functioning market society. Regulation, as Karl Polanyi argued so eloquently many decades ago, constitutes the market. Neoclassical perspectives have in recent years adopted the Polanyian appreciation of the importance of institutions and in so doing have come to recognize the constitutive role of regulation much more fully than laissez-faire stereotypes might suggest. But the Polanyian resonance ends there, for the neoclassical image of regulation’s constitutive role is that it facilitates the development of an ‘active consumer’, mandating the provision of information and incentive frameworks that the…...

Similar Documents

August Wilson

...main one, no doubt; just good luck in getting everyone, let alone anyone, to agree on it. And this goes back to what Henley is saying: that the message is ultimately subject to personal interpretation. For my paper, I’m going to use both elements in my discussion of Wilson’s Two Trains Running; that there is one main, principal theme, and then there’s a second theme that you’ve got to go off the beaten path a bit for. I think an element that Wilson uses to his greatest advantage is his ability to construct a theme for his plays, and then dilute it through the entirety of the run. He does it in a subtle, yet effecting way, and one that grows gradually and stronger over time. This idea came to mind after seeing the in-class video where August Wilson, during a personal interview, stated the underlying theme of Two Trains Running. He said his theme for the play centers on the changing course of the black man; that in Two Trains Running he was no longer going to wait for his ham to come to him. This time, when Sterling breaks into the store and comes back with Hambone’s ham, it illustrates how no one’s sitting around anymore, waiting for something to slap them across the face and tell them there’s a magical truck outside: no one knows how it got there, and it’s full of watermelons. Now they’re going out and getting their ham - err, “ham”. So we have the stated theme coming directly from Wilson’s mouth, which is rare to get something this concrete from the creator......

Words: 2474 - Pages: 10

Competitive Group August Rush Reflection

...Evan (August Rush) throughout the entire movie, as he was on his journey in search of his parents, inspired so much people through his talent in music. People such as Arthur, Wizard, Hope, and many others whom he encountered during his journey. Not only he is an expert in hearing any kind of sound and music, but he can pick up whatever any kind of instrument so quickly, such as when Evan played Wizard's guitar, which he named "Roxanne" or "Roxy", is not the way it is usually played. Instead, Evan played the guitar like a piano, which surprised Wizard, Arthur, and all the other orphaned children. When he played Wizard's guitar his own way, it produced new kinds of sounds that are considered revolutionary, but in real life, it is considered impossible, unless a real-life prodigy like Evan could do such a thing. Not only that, when Evan saw Hope playing the piano, at first, Evan doesn't know how to play it, but when he saw the musical notebook in front of the piano, with just the sounds he heard from outside plus his fantastic imagination, he was able to produce musical notes, and to Hope's surprise, Evan's scattered works filled with musical notes amazed Hope and convinced the parish pastor that Evan is a genius. I was even more impressed with Evan when I found out that Reverend J, the parish pastor, enrolled Evan to the Julliard School, where most people studying there are college students. While at Julliard, he composed his own rhapsody that, later in the movie, became......

Words: 454 - Pages: 2

August Comte

...Sharmaine T. Ballesteros AC21KA1 August Comte (Auguste Comte) Three stages in understanding society: 1. Theological stage The Theological stage refers to explanation by personified deities. During the earlier stages, man believed that all three phenomena of nature are the creation of the divine or supernatural. Man and children failed to discover the natural causes of various phenomena and hence attributed them to supernatural or divine power. Comte broke this stage into 3 sub-stages: 1A. Fetishism- Fetishism was the primary stage of the theological stage of thinking. Throughout this stage, the primitive people had a belief that inanimate object had living spirit in it, also known as animism. People worshipped inanimate objects like tress, stones, a piece of wood, etc.  Fetishism is present in all religions, but the use of the concept in the study of religion derives from studies of traditional West African religious beliefs, as well as from Voodoo, which in turn derives from those beliefs. 1B. Polytheism - The explanation of things through the use of many Gods. Primitive people believe that each natural force were controlled by different Gods; a few examples would be God of water, God of rain and God of fire, God of air, etc. Polytheists do not always worship all the gods equally, but can beHenotheists, specializing in the worship of one particular deity. Other polytheists can beKathenotheists, worshipping different deities at different......

Words: 321 - Pages: 2

August: Osage County Critique

...4/18/11 Theatre 2040 August: Osage County Critique I felt that the play over all was well put together. The play takes one extremely dysfunctional family, and uses it to illustrate a plethora of things that can go wrong within a family. The play is filled with dark humor, and has a feel to match. The play starts out with Beverly in his study rambling on about philosophy to a new live in maid he has hired to look after the house. As he rambles his wife, Violet, wakes up, barred out on pills, stumbles downstairs and insults the new house hand. This is just the beginning of the many insults and sarcastic remarks that Violet will plague the stage with. After this scene closes Beverly in no longer on the stage and it soon become apparent that Beverly is missing. Beverly’s boat is also missing. His daughters come back home as does Violet’s sister Mattie. As the scene progresses some of the problems the different parts of the family have begun to surface. It is revealed that Barbra and bill are separated due to Bill’s affairs with Celia, one of his students. There is also a scene where it is revealed that Jean has taken to smoking pot. At the end of the scene sheriff Deon who, Barbra, dated in high school informs the family that Beverly’s body had been found in a lake. Barbra as a blood relative has to identify the body. All of the family realizes that Beverly’s death was more than likely suicide. The second act has the family coming back from the funeral to a formal...

Words: 1019 - Pages: 5

August Vollmer

...August Vollmer Principles of Law Michelle Buckner Ned Watson April 9, 2013 August Vollmer August Vollmer was born in New Orleans, Louisiana. Both of Vollmer’s parents were German immigrants. After the death of his father his mother took the family back to Germany. Two years later his family moved to San Francisco. When the Spanish- American war broke out Vollmer was old enough to enlist in the Army. He served one year. After he served in the war, Vollmer worked as a letter carrier. After years of working as a letter carrier Vollmer was approached to run for town marshal. He won the election. When Vollmer was elected the police department was is very poor condition. Crime was so bad that some trains refused to drive through. In 1908 Vollmer started the Berkley Police School. Police officers took courses to better educate them on how to be better officers. After Vollmer retired from the police department he continued to teach. As Vollmer got older he became very ill and decided to take his own life. August Vollmer August “Gus” Vollmer was born in New Orleans to German immigrant parents, John and Philopine Vollmer. His father was strict and saw to it that August learn to swim and box. His father died while he was young, leaving him with his mother and sibling. After the death of his father, Vollmer’s mother moved the family around several times. First they moved back to Germany. After just two years his mother moved the family back to New Orleans. Soon after that......

Words: 1946 - Pages: 8

Engelsk a - 2009 August Del 1

...Studentereksamen August 2009 ENGELSK A-NIVEAU Torsdag d. 20. august Kl. 09.00-14.00 1. delprøve: kl. 09.00-10.00 STX092-ENA1 Efter prøven afleveres dette hæfte med din besvarelse til en tilsynsførende. STX092-ENA1 | Elevens/kursistens navn: | Klasse/hold og nr: | Tilsynsførendes signatur: | Denne delprøve besvares uden brug af hjælpemidler. Besvarelsen afleveres kl. 10.00 | Besvar opgaverne i A-D A Ret fejlene i følgende sætninger, og forklar på dansk dine rettelser. Brug relevant grammatisk/faglig terminologi. Der er kun én fejl i hver sætning. Skriv den korrekte sætning på linjen nedenunder. 1. When arrested and taken to the police station, admitted the man that he had been drunk. When arrested and taken to the police station, the man admitted that he had been drunk. Forkert ordstilling. På engelsk har man ligefrem ordstilling, dvs. subject før verbum. 2. The exciting about this job is that I will be working with the latest technology. The exciting thing about this job is that I will be working with the latest technology. Adjektiv kan ikke stå alene i ental. Der skal et støtteord på. 3. I can’t risk to lose more money on the roulette. I can’t risk losing more money on the roulette. Verbet “risk” skal altid følges af enform. 4. The tourist guide told them about it was extremely dangerous to go river rafting on that river. The tourist guide told them it was extremely dangerous to go river rafting on that......

Words: 1071 - Pages: 5

August Wilson’s Fences

...English A Barrier Intended to Mark a Boundary Merriam-Webster’s Online Dictionary defines fence as “a barrier intended to prevent escape or intrusion to mark a boundary”. August Wilson’s Fences portrays the barrier around the Maxson family. “The setting is the yard which fronts the only entrance… The yard is a small dirt yard, partially fenced, except for the last scene…” (0.1-0.3). Throughout the play Wilson uses the description and placement of the fence to change the mood in the scene or the attitudes of the characters. “Much of the conflict… arises because the characters are at odds with the way they see the past and what they want to do in the future”(sparknotes.com). Whether the fence is too keep people in or out, there is always a struggle to know what is on the other side. Corresponding to the text, August Wilson’s own life is exemplified. Wilson uses “the settings of all but one of the plays [in] the Pittsburgh ‘hill district’” (Edgar 1328). During the early part of his life was spent living in poverty. Wilson’s father soon left the family by the time he was five leaving his mother, Daisy, to care for the six children. She later remarried and moved to the Hill District. Wilson felt the pressure of being one of the only African-American students and dropped out of school to teach himself in the library. “He educated himself so well that eventually the Library granted him a degree”(Edgar 1328). When writing Fences, Wilson pulled from the 1950s and the Civil......

Words: 1132 - Pages: 5

“August: Osage Country”- Suçlu Kim?

...“August: Osage Country”- Suçlu Kim? Aile üyelerinin iletişimsizliği ortak işlenen bir suç olarak çıkıyor karşımıza. Hepsinin paylaşması gereken ama paylaş(a)madığı sıkıntıları var ve bunlar birbirleriyle sıcak ilişki kurmalarını engelliyor. Beverly kendisini mutsuz eden şeyleri -özellikle de eşinin kardeşiyle yaşamış olduğu ilişki- kimseyle paylaşmayan, çareyi alkolde, son olarak intiharda bulan bir aile babası. Violet, dominant bir kadın. Gücü ve yönetmeyi seviyor, etrafındaki herkesi silikleştiriyor- (favori) kızı Barbara hariç. Barbara ile Violet’ın benzer “suçları” var. Benzer karakterli olan iki kadın, iletişim yöntemi olarak çatışmayı ve suçlamayı kullanıyor. Violet’ın eşiyle ve kızlarıyla olan ilişkilerinin örüntüsü Barbara’ya aktarılmış adeta. Bu örüntü Violet’ın annesinden miras kalmış. Barbara’nın, ailesinin yanından gittikten sonra onlarla hiç iletişim kurmaması hatalarından biri. Violet’ın diğer kızı Ivy, Barbara’nın tersine, pasif kalan uysal bir kız rolüne bürünmüş. Buna rağmen annesinin favorisi değil. Ivy’nin suçu kendisi için bir şey yapma cesaretini oldukça geç bulmasıydı belki de…Üçüncü kardeş, Karen, bu yönden Ivy’nin tersi. Uzaklara gidip kendi hayatını kuran kadın. Ancak yalnızca aileden uzak kalma uğruna kurulmuş bu hayat. Karen’ın dıştan neşeli olmasına rağmen pek mutlu olmadığı görülüyor. Nişanlısı 14 yaşında bir çocuğa flörtöz davrandığı halde, gereken tepkiyi veremiyor. Ailesinde bulamadığı yakınlığı çaresizce başka birinde arıyor. Mattie......

Words: 333 - Pages: 2

Social Class in Fences by August Wilson

...individual or a group of individuals. Troy is mentally scared, from all his hate and agony from being discriminated his entire life. From personal experience, I know how hurtful it can be to be left out because of your race or what side of town you are from. Although, the level of discrimination doesn’t extend to the level during the fifties, I have felt some degree of pain and humiliation. Cory saw that his father was mentally lost, but out of respect and fear of his father he would not fight back. Gabriel, being a loving brother, was just looking for independence. Having been held back his entire life, Troy holds back his brother and his son unintentionally. Works Cited Wilson, August. Fences. June 1986....

Words: 1021 - Pages: 5

No School in August

...No School In August It seems like summer fun is a thing of the past. School ends in May and begins in early August. Instead of getting that last vacation, we are scurrying around buying school supplies. What happened to going back to school after Labor Day? There are many disadvantages in going back to school in August. I am going to point out a few of them. The most obvious is the missed vacation in August. Everyone knows that it has always been the month for the last summer vacation. I would think that tourism suffers, when the summer break is abruptly ended. Local pools sit unused for an entire month. Theme parks only see visitors on the weekend. The bottom line is that money is lost due to going back so early. August is just too hot, for school. I am sure the kids would agree that going back to school in August, the hottest month, is miserable. Who wants to go back to school in temperatures over 90 degrees? Everyday tasks of walking to and from the bus stop become a journey thru the desert. Yet, there is no oasis to be found. Besides that, who can pay attention in class? The summer is at its peak. There are too many places yet to go. The sound of the ocean waves call your name. The screams of the rollercoaster racing along the tracks echo in your head. There is too much fun to be had. I am sure there is a lot of daydreaming going on. Another issue is safety. There are many extra-curricular outdoor activities. Many student athletes suffer from......

Words: 509 - Pages: 3

Devry Busn 319 Final Exam-2015 August

...Devry BUSN 319 Final Exam-2015 August IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-BUSN-319-Final-Exam-2015-August-04040444235.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question Question 1.1. (TCO 4) Three commonly used methods of evaluating marketing programs are marketing metrics, marketing dashboards, and (Points : 5) marginal analysis. marketing audits. marketing ROI. marginal analysis. marketing control boards. Question 2.2. (TCO 1) Ideally in effective marketing planning, goals should be _____ in terms of what is to be accomplished and when. (Points : 5) loose and vague as general as possible flexible or elastic quantified and measurable None of the above Question 3.3. (TCO 3) Which marketing strategy focuses on a single market segment but adds additional product lines? (Points : 5) Full coverage Market specialization Product specialization Selective specialization Market-product concentration Question 4.4. (TCO 1) Based on relative competitive scope (broad target to narrow target) and source of competitive advantage (lower cost to differentiation), Porter's four generic business strategies are differentiation, cost focus, differentiation focus, and (Points : 5) exclusivity. electronic-focus. quality focus. cost leadership. service leadership. Question 5.5. (TCO 1) Step 3 in the planning phase of the strategic marketing process......

Words: 2325 - Pages: 10

Devry Busn 319 Final Exam-2015 August

...Devry BUSN 319 Final Exam-2015 August IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-BUSN-319-Final-Exam-2015-August-04040444235.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question Question 1.1. (TCO 4) Three commonly used methods of evaluating marketing programs are marketing metrics, marketing dashboards, and (Points : 5) marginal analysis. marketing audits. marketing ROI. marginal analysis. marketing control boards. Question 2.2. (TCO 1) Ideally in effective marketing planning, goals should be _____ in terms of what is to be accomplished and when. (Points : 5) loose and vague as general as possible flexible or elastic quantified and measurable None of the above Question 3.3. (TCO 3) Which marketing strategy focuses on a single market segment but adds additional product lines? (Points : 5) Full coverage Market specialization Product specialization Selective specialization Market-product concentration Question 4.4. (TCO 1) Based on relative competitive scope (broad target to narrow target) and source of competitive advantage (lower cost to differentiation), Porter's four generic business strategies are differentiation, cost focus, differentiation focus, and (Points : 5) exclusivity. electronic-focus. quality focus. cost leadership. service leadership. Question 5.5. (TCO 1) Step 3 in the planning phase of the strategic marketing process......

Words: 2325 - Pages: 10

Christmas in August: the Conventional Unconventional

...L. Choi Christmas in August: the Conventional Unconventional Following the Korean War, South Korean film industry faced its “Golden Age”, thriving with a series of vibrant, high-quality domestic film productions. While directors during this period produced a body of work as “historically, aesthetically, and politically significant as that of other well-known national film movements such as Italian Neorealism, French New Wave, and New German Cinema” (McHugh and Abelmann 2), the dictatorship of Park Chung Hee in the late 1960s put an end to creative freedom. The South Korean cinema resurfaced in the 1990s, taking a new step and presenting films that mix a variety of genres and different sensibilities. After the 1997 International Monetary Fund economic crisis, South Korea experienced an unusually rapid growth in the film industry and faced its first “stirrings of what was to develop into a creative and commercial boom” (Paquet 37). In early 1998, in the midst of the industrial transformation, director Hur Jin-Ho released a “muted, tragic-themed melodrama” (Paquet 37) - Christmas in August. The film ranked as one of the highest grossing at the domestic box office in 1998, benefiting greatly from its casting of the two lead roles - actor Han Seok-Kyu and actress Shim Eun-Ha. The two leads carry out a natural performance throughout the film and display a remarkable chemistry with their delightfully low-key and perfect depiction of each of the protagonists. Unlike the......

Words: 1643 - Pages: 7

Devry Acct 212 Entire Course-Latest August

...Devry ACCT 212 Entire Course-Latest August All Week Discussion Entire Course Project Midterm Check Points And Paper IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-ACCT-212-Entire-Course-Latest-August-82382322258.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question discussions week 1 Financial Statements (graded) I suspect that most of us can view and appreciate most sports such as baseball, football, and basketball. What if you were to view a Cricket World Cup game? If you didn't know the rules you probably would not have much fun. The same happens in business if you don't understand its language - Accounting. What rules impact a business' Accounting Information System? What types of compliance is required? diss 2 Course Project (graded) In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project. Let's start with Exercise 1-17A. Read about CoffeeShop Doughnuts and select one of the four requirements to answer week 2 Accounting System (graded) Last week, we discussed "The Language of Business" and why the accounting information system is important in business. This week, we are going to look at the mechanics...

Words: 2547 - Pages: 11

August Heat Analysis

...suspense keeps readers on the edge of their seats and wanting to find out what will happen next. The mood throughout the story is surprisingly light hearted. The mood of “August Heat” enhances its suspense and ominous foreshadowing. In W.F. Harvey’s short story, “August Heat,” the author creates suspense by constant references to the stifling heat of a summer day and a series of foreshadowing hints that propel the reader to an uncertain conclusion. One afternoon in the stifling August heat, forty year old artist James Clarence Withencroft begins to draw and sketch. James states, “the room, though door and windows were open, was oppressively hot, and I had just made up my mind that the coolest and most comfortable place in the neighborhood would be the deep end of the public swimming bath, when the idea came”(Page 92, line 17-20). James sketches an image of an extremely obese man, just after his court sentencing. James rolled up the sketch and without knowing why, placed it in his pocket and left the house. From the beginning, James only seemed to have the vaguest recollection of where he went. James goes on to say, “The one thing of which I was fully conscious was the awful heat, that came up from the dusty pavement as an almost palpable wave” (Page 93, line 43-45). Once again he’s describing the thick August heat. It shows how the heat plays a commanding role in the flow of the story. James walked approximately five to six miles when a small boy jolted him back from......

Words: 906 - Pages: 4

Lieqi (25) | The Guardian APK Modded | Bailey Knox: Fucked The DJ Video