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Posts Tagged ‘economics’

The world is in desperate need of change. We have exploited Mother Nature for so long that we are now reaping its rewards. Carbon emission leads to global warming and climate change and there must be action done by the entire community to try and reverse the process and to clean up our world. Jon Queen knows this need and he’s one of those people that try to bring some changes to the condition of our world in his own big way. He dreams of making this world a better place with less pollution and carbon emission so it can recover and become greener once more. He’s a member of FDEEM or Foundation for the Development of Environmental & Energy Markets of Ukraine. This foundation aims in finding another source of energy or an alternative source. They also encourage the companies to use this energy source as their way of helping the world to recover.

Jon Queen works for Jaspen Capital Partners as their Managing Director. He is a specialist for economics, finance and law as well as with environmental laws, regulatory affairs, securities trading and emission trading which makes him the perfect man for the job. Jaspen Capital Partners is based in Ukraine and serves its operations both in the Eastern and Central parts of Europe. Jon is the one in charge with analyzing the Kyoto Protocol & projects of alternative energy. In the project it is emphasized that in order to reduce carbon emissions it must start with the simplest business processes and if the company is able to turn these business processes green then the output will also become green.

It’s never too late to change and Jon Queen truly believes our planet still has a chance. Though we are suffering now from the ill effects of our old ways but we also know much better this time. With all the actions being done all over the world to reduce carbon footprint, we can still hope that the future will make the world a much better place not just for humanity but for all of God’s creatures. Jon even has a green home business opportunity that will not just help you earn money but will also help the environment. He believes that in order to change the world it must not come from the world leaders alone but it must be a team effort from each and every human beings around the world. If we each reduce our own carbon footprint and trash then we are contributing to the rejuvenation of our planet.

For decades it has matched more money to increase welfare. Recent findings from those who study the welfare of people reported that the relationship between money and well-being is weak, and that increased income does not necessarily guarantee a significant increase in welfare.

The findings also allow for recommendations to enhance the impact of income on welfare.

The argument used to justify the equivalence between money and welfare has been simple and can be found in any introductory economics text. It is said that a higher purchasing power can increase consumption, buy what you want, meet more needs and, consequently, get more welfare. The argument seemed so obvious that it was considered unnecessary corroboration. The discipline of economics has been devoted to making recommendations for people to increase their income and consumption under the assumption that this will result in a large increase in welfare of individuals.

Recent studies from subjective well-being show that the relationship between income and well-being is more complex than has generally been assumed. This literature states that the well-being, as life experience is a matter of subjects, since these are those who experience it. It is therefore for people to judge their life satisfaction. The approach argues that rather than making assumptions about the welfare of a person, thing to do is ask it about their satisfaction with life. Consequently, researchers have begun studying the relationship between income and life satisfaction reported by people. The research findings suggest that an increase in income does not lead to an increase in the importance in life satisfaction, and in many cases may not even provide a welfare gain.

What about the welfare of the people when their income increases? It is true that a higher income allows people to increase their consumption, but not so much that lead to higher welfare. Why?

Habituation. Studies show that a large part of the greater purchasing power is spent on goods of rapid habituation, that is, people quickly become accustomed to brand items like clothing, games room, dishes, cars, televisions, homes and jewelry. These assets generate high welfare in the early stages of use, but people quickly become accustomed to these goods (the TV or the big house and do not look so great, the figure in the mirror with this shirt or that watch new and does not look so elegant, etc.).

The highest good experience with this property is only a temporary euphoria, which often fails to go beyond the moment of purchase. Habituation processes vary with the type of goods, and it is advisable to spend on goods that have a high initial impact on welfare and whose habituation process is slow or completely invalid. Read the rest of this entry »