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 |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |


