What is economy, and what is the purpose of economy? I just learnt from the previous economic units that I took-up, that economy is a sort of management. Etymologically, from the Greek terminology, oikos and nomos, which laterally means, “house rules or house management.” What is being ruled, and what is being managed? Obviously, it is no other than, goods that are necessary for human existence. Why do they have to be managed? It is because of their scarcity – the underlying element of economic functions. According to Roberto G. Medina, Ph.D., scarcity is “when most things that people want are available only in limited supply. Thus, there is a great necessity calling for the appliance of the house management. An apple has to be quartered equally to three craving toddlers. Luckily, there are goods that don’t have to be mathematically or demographically stipulated in order to be available for consumption. The air we breathe that is being given freely and copiously by nature fits this picture; all we have to do is to literally ‘economize’ our negligence and irresponsible disposal of waste elements. God must have been so generous to us uncaring individuals that he made this so abundant we don’t even notice it’s encompassing value more than any economic goods, or we don’t sleep late at night uneasy of what air to breath tomorrow and the coming days. Besides, human values are elements that defy economic calculus.
Economic goods, no matter how scares, are given the utmost thought for further proliferation. There are basic economic resources that underscore economic operations, the land, labor, capital, plus the prolific synthesizing capability of an entrepreneur. Thus, in the bivouac of economy in a political society, every economic action are channeled to economic growth, full employment, economic efficiency, price level stability, economic freedom, equitable distribution of income, economic security and balance of trade (Roberto G. Medina, Principle of Economics,) How do we measure now economic growth and development? Is it when everybody’s well fed, every employee or worker receives considerable salary; every one’s owning a car or nestling on a well furnished houses? Perhaps, it is? How does economic develops? Obviously, economy develops if it allows more output of goods for consumption. Some say if a society is highly industrialized with a high standard of living or in view, it is highly urbanized. Sadly, it fosters few side-effects such as, increased noise, congestion and pollution, towns and cities may become overcrowded, traditional way of living maybe lost, people may experience increased anxiety and stress, and few others. Therefore economic development doesn’t always guarantee the populace a happy and auspicious living.
I dubbed this paper as multidimensional because economics doesn’t only show the monetary, the GNP or the GDP and agility of a country to show off material productivity, but also of the integral dimensions or dispositions of every individual. Economic condition may cause crimes, calamities and other derogating phenomena. A highly industrialized city might be the cause of the land slide in a certain locality. If the economic revenue is not equally distributed, then deficiency to a certain area to a certain individuals will happen (a statement highly tantamount to saying corruption). With considerable economic growth comes considerable demand and consumption of every individual. This would eventually change individual’s quality of life – considering that few determinants of economy are man’s unlimited wants, and his maximum satisfaction.
We can elucidate thousands and thousands of economic norms for economic growth and development, but after all, each and every one of us has always the last say about our ‘economy’ from within and from without. Material economy alone cannot satisfy the unlimited wants of each and every one of us. There is no maximum satisfaction after all. Economic development resides and emanates from each one of us. Economic downfall does not only begin when an official corrupts the revenues, but when a single centavo is being used in vain. It doesn’t begin when a tycoon or president went on to an expensive trip or party spree, but when an individual doesn’t make good enough of the left over in his table.
The avalanche of the ideal foundation of this article did not evoked from an awe-stunning blight of a supernovatic-effect of a star. Rather, it started from an exodus of this paper-article from a dark and stingy compartment. Kept perhaps as a valuable chronicle of things almost immemorial. The pages of the paper almost collapsed even by the gentle caress of my fingers; signaling a surrender and exhaustion from a long repulsion against the vexation of time and matter. Hence, from the cunning intent my mental faculty could give, I begun unearthing the lacklustered pages of the old magazine. I seemed to be a vagabond lost in every unfamiliar highways of its leaf. Till the curious ardor of my wondering consciousness was spellbounded by a generous article which spells, “The Bethlehem Supernova.”
These buddies were once invited by our staff for a moment of photo shot and a couple of interview. Reckoning the series of pictorial sessions made with other artists, these ones made beauty with their diversity. Actually making the studio’s vicinity feels like an anachronism of the 60’s with Beatles and Beach Boys. Clad with their best bib and tucker dazzling in black, red and stripes alike, they seemed to emboss the gray-brushed canvass of the studio. As they were brought into focus by our adept photographers, every lucid flash of their lenses seems to reflect the vivid and intelligent aura of these musical gents. Orchestrating the pictorial session were the songs played and reverberated at the studio courtesy of their debut album, giving me a tough impression that these young bloods are the ‘phoenix’ of the ever phenomenal English rock band the Beatles. With suggestive outfits, hairs dangling mid-ear plus the retro-sounding musical arrangements, the Beatles, or say Beach Boys is almost done. The Bloomfields, as ornately as it sounds like a floral garden, blooms with five intelligent individuals, respectively Jj Lozano (22) on the lead Rickenbacker (the guitar John Lennon used), Louie Poco (21) on the bass Rickenbacker (also a Mcartney Favorite), Pepe Lozano (24) on the electric guitar, Lakan Hila (24) on piano/organ/keyboards and Rocky Collado (21) on the drums.
One of the most illustrious intellectuals as well as spiritual magnate of the days that were was an auxiliary bishop of New York at the dawn of the twentieth century – bishop Fulton J. Sheen. A prolific writer and talk giver was he that his brainchild finds leeway to different media, from print all through radio and television. Prolific indeed, that I’m one of the avid page-turner of his books. Various exposé of his ideologies lauded my intellectual consciousness. One instance, I was stuck for a couple of minutes mesmerized by his exegesis on freedom and law – a seemingly opposing entities of human existence. Yes, for him freedom is right to do whatever we ought to do, and ought implies a goal, purpose, moral scruples, and the law of God. True freedom is nestled within the law, not outside of it. He says, for example, that one is free to draw a triangle, if one has to give it three sides, not by his own capriciousness, he would give it four-sides instead. One is only free to paint a giraffe as long as he furnishes it with a long neck and a zebra with stripes. One is even free to glide or to fly, provided he obeys the law of aeronautics. In the spiritual dimension, one is most free as long as he obeys the law of God.
Many individuals suggest that life is like a race or a sort of gamble, that obviously you have to let others fall for you to rise, or others to rise for you to fall – that too I strongly disagree. The logic is simple. What is a race but is synonymous to competition. What is a competition but is synonymous to a winner over a loser or more losers and a winner or a winner and all LOSERS!
Ilang henerasyon na ng mga Pilipino and tumubo at naibaon nang muli sa lupa dala-dala ang isang napakaluma nang paniniwalang ang patpating basahang manika at isang matulis (at di ko alam kung kalawangin o hindi) na karayum ay nakakapagbigay ng katuparang maghigante sa pamamagitan ng tinatawag na kulam. Sa mga naniniwala, nagagawa ng kulam na ipaghigante ang nagawang pinsala ng isang tao sa kapwa nya (pwede ring trip lang). Gagamit lang ng isang ‘di mawaring usal at mahika ang isang mangkukulam at piyestang nagsisilabasan ang mga uod, ipis, alipunga este, alupihan at salagubang sa bibig ng taong napag-tripang kulamin. Karaniwan itong sinasapit ng taong may ginawang kabalbalan sa kanyang kapwa tao. Samakatuwid, instant ang hustiyang nakakamit ng isang biktima ng isang suspek, ehe!
Another assuring musical hunk just got the gut and the glorious artistry to make it to the promising musical heyday. Miguel Escueta is the name queuing and hunkering along the line of young Filipino renowned artists. The uncompromisable aesthetic persuasion of his voice extends to the faculty of his physical picture, considerably taking the big pie of the entertainment platform. What more? With Miguel’s debut album packaging mostly of his chart-topping all-original compositions, containing his reminiscence and introspection of personal and inter-personal experiences, we can say this young blood has something to prove. 
Yeng’s stardom doesn’t come so easy like eating an apple pie. Fondly called by many as “Yeng”, this 19-year-old gal, started dreaming, wished upon a star and started reaching for it stepping his best foot forward on a tumultuous stairway to it.
more subjective telling us what good music is, “depende ‘yan sa tainga ng tao. As long as mahal mo yung music mo, yun iyong pinakaimportante. ‘Di ko masabi na good music ang classical, at di ko rin masabi na bad music yun, pero para sa akin kahit anong klaseng music pa man yan, basta ikaw as individual kung ano yung gusto mong music, at yun ang maganda sa ‘yo, yun yung maganda para sa ‘yo,” she told us.
