UTILITARIANISM
Utilitarianism is a philosophy whose foundation supposes that the moral worth of an action or its utility is the total number of people that was made happy or given pleasure to. A phrase to keep in mind for utilitarianism is the "betterment of society" used mostly in decision-making for the society, the environment, and politics. In utilitarianism, as long as an action contributes to the overall good of the many then it has utility. In the mid-1800s, John Stuart Mill and Jeremy Bentham proposed the philosophy of utilitarianism.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
