RegulationRegulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.
Illegal drug tradeGlobal black marketBricks of cocaine, a form in which it is commonly transported.The illegal drug trade is the global black market dedicated to the cultivation, manufacture, distribution, and sale of prohibited drugs. The terms drug trafficking and narcotrafficking are also commonly used to describe the trade of the illicit substances. A majority of jurisdictions prohibit trade, except under license, of many types of drugs through the use of drug prohibition laws.
ConsequentialismEthical theory based on consequences In moral philosophy, consequentialism is a class of normative, teleological ethical theories that holds that the consequences of one's conduct are the ultimate basis for judgement about the rightness or wrongness of that conduct. Thus, from a consequentialist standpoint, a morally right act (including omission from acting) is one that will produce a good outcome.
John LockeJohn Locke (; 29 August 1632 – 28 October 1704) was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thinkers and commonly known as the "father of liberalism". His important works include A Letter Concerning Toleration (1689), Two Treatises of Government (1689/90), both published anonymously, and An Essay Concerning Human Understanding (1689/90).
Risk compensationRisk compensation is a theory which suggests that people typically adjust their behavior in response to perceived levels of risk, becoming more careful where they sense greater risk and less careful if they feel more protected. This effect is usually small in comparison to the fundamental benefits of safety interventions, but it can reduce the overall benefits or even result in increased risks.
Robert K. MertonRobert King Merton (born Meyer Robert Schkolnick; July 4, 1910 – February 23, 2003) was an American sociologist who is considered a founding father of modern sociology, and a major contributor to the subfield of criminology. He served as the 47th president of the American Sociological Association. He spent most of his career teaching at Columbia University, where he attained the rank of University Professor.
Scottish EnlightenmentThe Scottish Enlightenment (Scots: Scots Enlichtenment, Scottish Gaelic: Soillseachadh na h-Alba) was the period in 18th- and early-19th-century Scotland characterised by an outpouring of intellectual and scientific accomplishments. By the eighteenth century, Scotland had a network of parish schools in the Scottish Lowlands and five universities.Interest rateAn interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. Interest rate periods are ordinarily a year and are often annualized when not. Alongside interest rates, three other variables determine total interest: principal sum, compounding frequency, and length of time. Interest rates reflect a borrower's willingness to pay for money now over money in the future.
Adam SmithAdam Smith (baptised 16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics", or the "father of capitalism", he is primarily known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).
Climate changePresent-day climate change includes both global warming—the ongoing increase in global average temperature—and its wider effects on Earth's climate system. In a broader sense, climate change also includes previous long-term changes to Earth's climate. The modern-day rise in global temperatures is driven by human activities, especially fossil fuel (coal, oil and natural gas) burning since the Industrial Revolution.
Social scienceBranch of science that studies society and its relationshipsSocial science (or the social sciences) is one of the branches of science, devoted to the study of societies and the relationships among members within those societies. The term was formerly used to refer to the field of sociology, the original "science of society", established in the 18th century.
SociologySociology is the scientific study of human society that focuses on human social behaviour, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. The term sociology was coined in the late 18th century to describe the scientific study of society. As a social science, sociology uses various methods of empirical investigation and critical analysis to develop a body of knowledge about social order and social change.*As an Amazon Associate I earn from qualifying purchases.