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Mill rejects the notion of natural rights and argues that we should promote a democracy dedicated to individual liberty because that will maximize happiness. But he cautions against the "tyranny of the majority," asserting that every educated adult must be free to do what he or she desires. "The only freedom which deserves the name," he says, "is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs." The only legitimate reason for a government to interfere with someone's liberty against his or her will is to prevent harm to others.
-Rawls's views are politically conservative.
Asset Reserved
Assets that are held or allocated for a specific purpose or future use.
Seasonal Peaks
Periods of high demand or activity in a business or market that correspond with specific seasons or times of the year.
Revenue Management
The strategic use of pricing to increase the profitability of a business by selling the right product to the right customer at the right time for the right price.
Peak Period
The time frame during which demand for a service or product is at its highest.
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