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Michael Davis | Professional Responsibility: Just Following the Rules?
Davis criticizes the view that professional responsibility goes beyond merely following the rules of one's code of ethics by necessarily involving certain character virtues. Rather, if a code of ethics is well-written, following these rules means that a professional is acting responsibly. He discusses seven different interpretations of "just following the rules": blind obedience, strict obedience, malicious obedience, negligent obedience, accidental obedience, stupid obedience, concluding with a positive discussion of interpretative obedience.
-Each type of rule-following acknowledges that rules must be interpreted in some way EXCEPT ___________ obedience.
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.
Business Cycle
The business cycle refers to the fluctuations in economic activity and growth that an economy experiences over time, marked by periods of expansion and contraction.
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entails the production, distribution, and consumption of goods and services in an economy.
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