The unadorned meaning of research is scientific inquiry' or simply to search again'. The intriguing word denotes the systematic investigation to increase knowledge and understanding or simply to arrive at facts. It is the careful subject of a study to set up new information or facts about the subject matter. The researcher could be systematic, detailed, organized but cannot be perfect. The word perfect' on its own is ambiguous. What does this word really mean? Every researched work usually undergoes fresh scrutiny and further examination before assimilation and therefore all the research outcomes are subject to amendments. This paper seeks to confirm Griffiths 1998's claim that there is no hope for perfect research.
Continuous editing of a single research will disqualify any research as out rightly perfect and make the claim true. For example, the research carried out by Kaka 2009 has since gone through editions more than five times. Knowledge is an abyss and a claim of reaching a perfect' terminal is both impractical and makes little sense. For instance, the infamous Isaac Newton had at one time claimed that he had collected a few pebbles from the ocean of knowledge, though he undoubtedly made many scientific discoveries and contributions to science. In this context, modesty should be every researcher's benchmark and an incentive; acclamation should thus never blanket our academic quests.
[...] In a sense, it also implies a complementary relationship between the private sector and the public sector as represented by the government. Hence, an economic activity where private sectors are participants on one hand, and where there is government intervention on the other hand, is a very viable solution to the different social problems engendered by unemployment. Thus, a well-crafted set of social and fiscal policies will enhance the welfare of both current and future generations (Sawyer, 2004). Works Cited Barr, N. (2004). The Economics of the Welfare State. Oxford: Oxford University Press. [...]
[...] In the early 20th century John Maynard Kaynes developed a body of theory that would allow the government to achieve these ends. Economics plays a major role in the creation of social policies. Consequently, this is also to note that social policies are intertwined with, if not greatly dominated by economic policies. Logically speaking, a government will always assess, evaluate and set an amount that it is able and willing to spend for the delivery of welfare services. Macroeconomics concerns such as public spending affects the framework from which social policies will be established. [...]
[...] This justifies the state intervention into controlling unemployment. The primary role of the state is govern social interactions in a way that either increases social welfare or is in accordance with a fundamental social contract (Mueller, 2003). The solution offered by Keynesian economics is one that advocates government intervention as a necessary element in order to achieve economic stability. Specifically, government spending, by increasing economic activity, can help stabilize prices and reduce economic fluctuations (Henderson, 2010). For Keynes, one successful way to regulate the economy especially during times of recession is for the government to spend on public welfare. [...]
[...] What economic theory or perspective should the State carry out? At this point, it is therefore important for a State to adopt an economic stance and policies that lead towards a more or less stable economic situation so that the general welfare be secured through effective implementation of social policies. Under the Keynesian economics, contrary to the mainstream view that the economy is in a state of equilibrium, it advocates that the aggregate demand is not always equal to the aggregate supply. [...]
using our reader.