Friday, November 29, 2019

Inky Response Paper Saving The Whale Essays - Megafauna, Cetaceans

Inky Response Paper: Saving The Whale Inky Response Paper The economy is slowing, third world nations have political unrest, and Susie is distraught because she cannot decide what to wear to school tomorrow. These seem to be the problems that society is extremely concerned with today. The thing that is so shocking is the fact that humans are so caught up with material possessions and their egocentric problems that they are blinded from the big picture. If we dont preserve the physical world that we live in, there will be nothing to enjoy the fruits of our labor on. I had the opportunity to watch a very inspiring video this past week, and I see things a lot differently now. The story of Inky, the pigmy sperm whale is a very moving tale. The whale beached itself for some unknown reason off the coast of New Jersey. Immediately, everyone around came to the attempted rescue of the suffering creature. The whale was airlifted to the Baltimore Aquarium, where marine biologists began to try to decipher the problem with the ailing whale that they came to call Inky. Inky continued to weaken and not eat, and no one could understand the problem. After many tests, a startling discovery was made that traumatized everyone. It seems that the problem with Inky was that she had eaten a large amount of plastic that had been drifting in the ocean from careless polluters. The biologists were able to remove the plastic contents of the whales stomach and begin rehabilitation. Slowly, the animal began to gain its appetite back, and began to Sponaugle 2 gain some energy. Soon, Inky was back to her normal self, and the biologists took her back to her normal environment and released her. One of the most impressive aspects of the video was how amazing it was that everyone had come together and cared so much about the whale that they did everything possible to save the creature, no matter what the cost. They had passion. The sad thing is that a majority of the human population doesnt even have enough pride in the beautiful earth to not mess it up. Constantly, and more often than not, trash and pollution are being washed up on our beautiful shores. If everyone wants to be selfish, they should at least preserve the oceans so that they can enjoy them visually, but they couldnt care less even about that aspect of it. People dont even begin to think of the consequences that may arise from throwing a simple bottle cap overboard. Any number of small sea animals may attempt to consume the item, and have serious health complications including death. Not only would the fish most likely die from eating it, but also their predators would end up consuming it as well when they ate t he original fish that consumed the item. Any way you look at it, any form of pollution is tragic and just plain selfish. The first step in correcting the problem is awareness. I admit that I wasnt completely aware that the problem was so intense until recently. I believe that if everyone could see the consequences for their actions, they might think twice about the next time they go to dispose of unwanted goods. The world is getting smaller, and we all need to learn to respect one another, man and animal alike. Science

Monday, November 25, 2019

How to Play Inflation essays

How to Play Inflation essays The article that I have chosen to summarize was called How to Play Inflation which will be published in Time magazine on April 26th, 2004. I have found that when going on to www.time.com that one can read certain articles before they are available on the market. The article informed me that the government has confirmed that consumer prices have increased to an annual rate of about 6.2% which all happened in March of this year. The article also mentions how we consumers were shielded from this particular event of inflation. Some reasons why no consumers have notice this inflation is because that workers wages have not raised much and factory costs have stayed down. Companies have also received higher costs to keep their goods and products affordable for the jobless. The article also begins to tell the reader how to measure inflation and the process of which to do this. I have found that this article relates to microeconomics because of the discussion of inflation. From reading the book this semester I have noticed how the topic of inflation comes up more than once. As found in the book on page 12, inflation is part of the principle #9 for the Principles of Economics. Principle #9 is Prices Rise When the Government Prints too much Money. I feel the article relates well to this principle of economics because when there is an access of money and percentages lying around, like the article explained, then prices do rises. ...

Friday, November 22, 2019

Communication is the Essence of Any Relationship Essay

Communication is the Essence of Any Relationship - Essay Example As the report declares the women in both the stories crave for love and attention; they crave for happiness. In Hills like White Elephants’ the couple is just starting out in life. The girl repeats that she would go in for the operation if that made him and them happy. She says, ‘and you think then we’ll be all right and be happy’. She again says, ‘and if I do it you’ll be happy and things will be like they were and you’ll love me?’ She wants to keep the child but he does not. She agrees to abort the child because she fears losing his love in case she does not. According to the report findings love is not possessiveness; love is to allow space with faith and confidence. In Hills like White Elephants he expresses possessiveness for her when he says, ‘I don’t want anybody but you’. He may be loving her but at the same time he is unable to understand that she wants to keep the child. He says, ‘I don’t want you to do it if you don’t want to. I’m perfectly willing to go through it if it means anything to you’. Such words make the reader feel that he has not been able to understand her feelings at all. He has been able to understand that it does mean a lot to her. She has been repeating that she would go in for it for the sake of happiness. So either he does not understand or chooses to ignore because he wants her exclusively. This amounts to selfishness and possessiveness. Is it merely lack of communication or is it lack of love? Love is neither selfish nor possessive. Love knows to give and not to take.

Wednesday, November 20, 2019

Law & Social Control Essay Example | Topics and Well Written Essays - 500 words

Law & Social Control - Essay Example Further in the article Marx (1981) outlines the theories connected with the role of authorities in establishing the deviance which he calls â€Å"ironies†. Marx (1981) describes situations in which social control generates rule-breaking behavior and divides them into escalation, nonenforcement and covert facilitation. In discussing these types of social control, Marx (1981) uses mainly examples from criminal justice to make his point. In escalation, authorities unintentionally trigger rule-breaking by taking enforcement actions. The best example to depict the escalation type of situation is police involvement in family conflict. Police interference in interpersonal conflicts seems to lead to further violence, acting as â€Å"a breeding ground† for aggressive and provocative response. In nonenforcement, authorities contribute to deviance in more indirect way than in escalation. Here institutions prefer not to take enforcement actions and by this they intentionally permit rule breaking. Marx (1981) says that nonenforcement is the most difficult to identify, because this strategy is illegal and authorities often try to hide it. An example is given by the informant system, which is a major source of nonenforcement, though it plays crucial role to many kinds of law enforcement. Called a form of institutionalized blackmail, the informant system helps informants to avoid prison, or to receive reduced sentences. However, the informant source assists the police in arresting criminals which will not be caught with other means. Covert facilitation represents taking deceptive enforcement actions through which authorities intentionally aid rule breaking. Marx (1981) calls this passive nonenforcement. Social control agents may infiltrate into certain structures and buy or sell illegal goods, victimize others or seek prostitutes in a tourist disguise. Covert facilitation

Monday, November 18, 2019

Functions of Management Essay Example | Topics and Well Written Essays - 750 words

Functions of Management - Essay Example When talking about Food and Beverage Businesses, planning is important because it helps in forecasting where the company wants to be in a few years and on the basis of that what goals need to be set and what action needs to be taken. Planning will not be from one perspective, but it will take into account the whole organization, make sure that your inventory level is sufficient, that the employees know what the goals and missions are and are working towards them. Organizing structures the work of the organization, it helps in achieving the objectives mentioned during the planning stage of the organization. In this function, the focus is on division of labor, coordination, flow of information and control of tasks. Authority and responsibility is distributed among the employees. The first thing that helps is the organizational structure, in the food and beverage business it will enable the employees to know who is reporting to whom, where the information is coming from and who it is going to. The next important thing is the division of labor, who is performing what task and who is responsible for what. For example somebody is responsible for cooking the food, while somebody else is responsible for getting the ingredients. The waiter will deliver the food, while the chef will only cook it and he might come up with new recipes as well. There is one very important thing to note here, a leader ... Being a good leader is the ability to influence other people's decision and actions. A leader needs to motivate the employees and direct them towards achieving the goals and their duties and responsibilities. Most of the leadership characteristics exist in one's personality. Leaders communicate and interact with their workforce on a daily basis. In the food and beverage industry, especially for a restaurant it is very important that the managers are good leader because at dinner and lunch time, the chef has to lead his assistants so that they cook the food according to his standards. At rush hours, there is time constraint and a lot of pressure of the chef and the assistants. Having good leadership makes the job easier as they know they have someone on their side helping them out. Controlling This is the last of the four functions; through this the manager can enable that the plans are being implemented properly and that the employees are working towards achieving the goals of the organization. Controlling completes the circle of management. There are many ways of controlling employees; there are performance standards which are measured against the employee's performance. Evaluation forms are filled out periodically to gain insight on the performance of all employees. If the performance criteria are being met very easily then managers set higher standards. In a restaurant you might have seen how the chef keeps an eye on what is being made and sent out of the kitchen. This is a way of keeping a check and balance. Another way can be form the number of revisits you get from a customer. If the service is nice and the food is good, the people will come again. Performance can be measured this way as well, while they

Saturday, November 16, 2019

A History Of The Gold Standard Economics Essay

A History Of The Gold Standard Economics Essay What is Gold Standard? The Gold Standard is a monetary system in which the standard unit of currency is a fixed weight of gold or freely convertible into gold at a fixed price. Under the Gold Standard system, paper money which circulates as a medium of exchange is convertible into gold on demand. The exchange rate between paper or fiat money and gold is fixed. Same thing happened to the rates of exchange between national currencies, it is fixed. The Gold Standard can be divided into two types: full Gold Standard and partial Gold Standard. A 100 percent reserve Gold Standard or full Gold Standard occurs when all circulating money can be represented by the appropriate amount of gold. Whilst in partial Gold Standard, circulating notes can be redeemed for their face value; it can be either higher than its actual value or lower. Why gold being selected as a reserve for most countries and even for today? Many nations hold the gold reserves in significant quantity in order to defense their currency and put a hedge against the US dollar. Some more, the weakness of the US dollar can be offset by strengthening the gold prices. Yet, compared to other precious metals or major competitors such as US dollar and real estate, none of them has the stability as the gold as well as its rarity and durability. Gold is also used as a store of value starting from the early monetary system since it is high value enough. It is high in utility and density, it is able to resist to corrosion, it is uniform, and it is divisible easily. As we know, banking began by depositing the gold into a bank and it could be transferred from one bank to another bank. Until today, gold remains to be the main financial asset for most of the central banks. By looking back at the past, before 2000 BC, the first metal that human being used as a currency in trade was silver. According to the history, we know that gold has been used as a mean of payment since long time ago. After 1500 years, the first coinage of pure gold was introduced. The adoption of Gold Standard was preceded after that. Yet, the fiat monetary system came and took over the Gold Standard system during the outbreak of World War I. This happened for most of the nations are due to the excessive public debt and the government is unable to repay all the debt in gold or silver. IMPORTANCE OF STUDY / RESEARCH IN GOLD STANDARD As a banking and finance student, we have to study and understand any history that regard to the field, included the topic of our assignment this time Gold Standard. This is because people live in present and they have to plan for and worry about the future. History is the study of past. It gives the information of the past in order to anticipate what is yet to come. Understanding history is important to develop the linkages to predict the future. Yet, history also provides us abundant of information about how the Gold Standard was formed and how it operated. Understanding the operations of the Gold Standard is difficult currently since it was collapsed and we cannot be exposed ourselves to it. The current data that we have is relied on what happened into the past. By using the historical materials, we can make our own analysis on the Gold Standard and understand its weaknesses and problems. Besides, the study of the Gold Standard can help us to understand the changes of the monetary system and how the financial world affects the global economies. From the historical information, we know when the adoption of the Gold Standard was and when the collapse of the Gold Standard was. Yet, we also know that the monetary system had been changed over time to time and which system was being created in order to take over the original system. For instance, Gold Standard was took over by Bretton Woods System and followed by Contemporary Monetary System. There is always a reason there for the changes made. This is because of the discovery of the shortages of the system. Once the deficiencies being located, the new system would be established. If there is still do not have any actions taken, it will affect the economies of the world since finance cannot be separated with the economy. In addition, as a financial student, we have to understand about the differences between fiat money and Gold Standard. From the project we done, we know that fiat money is money that no have intrinsic value and cannot be redeemed for any commodity. The paper currencies and coins that are available in markets nowadays are considered as fiat money and the strength of the economy of the issuing nation is the determinant used to determine the value of fiat money. Mostly, inflation will follow with the enormous issuing of fiat money. Whilst, The Gold Standard is a monetary system in which the standard unit of currency is a fixed weight of gold or freely convertible into gold at a fixed price. Under the Gold Standard system, paper money which circulates as a medium of exchange is convertible into gold on demand. The exchange rate between paper or fiat money and gold is fixed. PART II : THE GOLD STANTARD 2.1 HISTORY 2.1.1 History of Gold Standard The first nation that officially adopted the Gold Standard system is England (also called as Great Britain) in 1821. The list below is the dates of adoption of the Gold Standard system: 1821 England 1871 Germany 1873 Latin Monetary Union Belgium Italy Switzerland France 1875 Scandinavia(Monetary Union) Denmark Norway Sweden 1875 Netherlands 1876 France 1876 Spain 1879 Austria 1893 Russia 1897 Japan 1898 India 1900 United States During that century, there was a dramatic increase in global trade and production which brought enormous discoveries of gold. The discoveries aided the Gold Standard remain intact well on the following century. The emergence of the International Gold Standard is on 1871 since the Germany also started to use the system. By 1900, most of the developed countries were linked to the Gold Standard system, but surprise that the United States was the last nation to enter. This is because there was the present of a strong silver lobby that forbidden gold from being the sole monetary standard with the U.S. throughout the 19th century. The Gold Standard was at its pinnacle from 1871 till 1914. During the period, there were a near perfect ideal political contexts existed in the world. Governments tried to corporate nicely in order to make the Gold Standard system work, but the system was collapsed during the duration of the Great War in 1914. In 1925, it was reestablished. But due to the relative scarcity of gold, many countries adopted a gold-exchange standard, supplementing their gold reserves with currencies convertible into gold at a stable rate of exchange. Unfortunately, the gold-exchange standard was ended during the Great Depression. The United States had set a minimum dollar price for gold in order to aid for the restoration of international gold standard after World War II. In 1971, dwindling gold reserves and unfavorable balance of payments led the U.S. to abandon the Gold Standard system. 2.1.2 Timelines of Gold Standard 1717 The Kingdom of Great Britain went on to an unofficial Gold Standard. 1816 Gold was partially displacing silver as a standard. 1821 The Gold Standard was first out into operation in Great Britain. 1873 The Coinage Act of the United States Congress came into operation on 1st April and constituted the gold one-dollar piece as the sole unit of value. 1900 Gold Standard Act was established on 14 March 1900 and gold was the only standard for redeeming paper money. 1914 The abandonment of the Gold Standard by Russia. 1925 The return of the Gold Standard. 1971 The abandonment of the Gold Standard by the United States. 2.1.3 Timelines of Fiat Money 1690 There are three types of currency according to American History: Fiat money Certificates based on coin or bullion Bank notes (Fiat money is one type of currencies that being used during the time.) 1789 France was undergoing economic downturn and due to lack of money, fiat money being used. 1862 There was a paper currency that printed upon one side in green has been created with a promise to pay Greenbacks. 1878 An argument in favor of honest money and redeemable currency. 1896 Paper-based global economy has been collapsed. 1913 Establishment of Fed. Fiat money became the United States legal tender. The mercy of the fiat money system has led to the greatest debt bubble in world history. 1933 Inflation occurred. 2008 Under the fiat money system, money as debt. 2.1.4 History of Shifting Between Fiat Money and Gold Standard in U.S. As stated as below, there were a lot of shifting between a fiat money and gold standard had been made by the United States over the past 200 years which in order to avoid hyper-inflation. Hyperinflation occurs when the confidence in money had gone and it leads to no value in the money. As mentioned as earlier, the gold standard was over due to the reason of the government was unable to repay for the excessive of public debt in gold or silver that its countries owe. 1785-1861 Fixed Gold Standard : 76 years It was issued by American colonists for the Continent Congress in order to finance the Revolutionary War. It was produced by the United States Federal Government. It was authorized by the Act of March 3, 1849. 1862-1879 Floating Fiat Currency : 7 years The fiat money of the United States above is Greenbacks. It was created to pay for the enormous cost of the Civil War. It was the debt of the U.S. government which could be redeemable in gold at future without any specified date. It was circulated along with the Gold certificates. 1880-1914 Fixed Gold Standard: 34 years It was ended due to the financial needs of World War I. 1915-1925 Floating Fiat Currency : 10 years It was created to pay for World War I countries. There was insufficient of gold to support the paper currency. 1926-1931 Fixed Gold Standard : 5 years It was ended due to most of the nations tried to deposit their pounds and dollars for gold when the depression occurs. 1931-1945 Floating Fiat Currency : 14 years It was ended due to the outbreak of World War II. 1945-1968 Fixed Gold Standard : 26 years On 24 June 1968, a proclamation that Federal Reserve Silver Certificates could not be redeemed in silver was issued by President Johnson. 1971 Floating Fiat Currency : 5 months It was established by President Nixon on August 1971. 1971-1973 Fixed Dollar Standard : 2 years It was passed by the Smithsonian Agreement. 1973-today Fiat Currency : 37 years It was established by the Basel Accord. 2.1.5 Evolution of International Monetary Systems International Monetary System had been undergoing several stages of evolution which are stated as below: Bimetallism (before 1875) A double standard in the sense that both gold and silver were used as international means of payment. Some nations used the gold standard; some used the silver standard; and some used both. Both gold and silver were used as money and the gold or silver contents were the determinants used to determine the exchange rates among currencies. Classical Gold Standard (1875-1914) Most nations agreed that -Gold alone was assured of unrestricted coinage. -There would be two-way convertibility between gold and national currencies at a fixed ratio. -Gold could be freely exported or imported. Two countries relative gold contents were be the determinants used to determine the exchange rate between two countries currency. Highly stable exchange rates under the classical gold standard provided an environment that was conducive to international trade and investment. Misalignment of exchange rates and international imbalances of payment were automatically corrected by the price-specie-flow mechanism. Interwar Period (1915-1944) Exchange rates fluctuated as countries widely used predatory depreciations of their currencies as a means of gaining advantage in the world export market. Attempts were made to restore the gold standard, but participants lacked the political will to follow the rules of the game. The result for international trade and investment was profoundly detrimental. Bretton Woods System (1945-1971) Named for a 1944 meeting of 44 countries at New Hampshire. The purpose was to design a postwar international monetary system. The goal was exchange rate stability without the gold standard. The result was the creation of the IMF and the World Bank. The system was a dollar-based gold exchange standard. Flexible Exchange Rate System (1971-today) The system was declared acceptable to the International Monetary Fund (IMF) members. Central banks were allowed to intervene in the exchange rate markets. Gold was abandoned as an international reserve asset. Managed Float System (1973-today) 2.2 INTERNATIONAL GOLD STANDARD 2.2.1 Chronology of Gold and International Monetary System 1717 Master of the Mint, Sir Isaac Newton gave guinea statutory valuation of 21 shillings. Commence of the United Kingdom Gold Standard. 1797 Occurrence of Napoleonic Wars. Bank of England abandoned gold payments. 1816 Establishment of UK Coinage Act. 1844 Bank of England obliged to buy gold. 1870-1900 Except of China, most of the nation abandoned Bimetallic Standard and switched to Gold Standard. 1913 The United States system of reserve banks was established by Federal Reserve Act. At least 40% of notes were gold-backed. 1917 U.S. prohibited gold exports. 1919 UK went off Gold Standard. Establishment of London Gold Fixing. 1925 Return of Gold Standard in the United Kingdom. Establishment of UK Gold Standard Act. 1931 The United Kingdom abandoned Gold Standard. 1933 Suspend of the United States convertibility. Prohibition of exports, transactions, and holding of gold. 1934 Presidential Proclamation of making dollar convertible to gold again. 1936 Establishment of Tripartite Agreement (Countries involved: U.S., UK, and France) 1939 Close of London gold market due to the outbreak of war. 1944 Establishment of Gold Exchange Standard as a result of Bretton Woods Conference. 1945 International Monetary Fund (IMF) Articles of Agreement became effective. 1954 Reopen of London gold market after World War II. 1961 Establishment of Gold Pool (Members: Belgium, France, Germany, Italy, Netherlands, Switzerland, UK and Federal Reserve Bank of New York) 1967 Buying of gold increased due to the devaluation of sterling. 1968 Close of London market. Abolishment of Gold Pool and establishment of 2-tier market. Establishment of Special Drawing Right (SDR). 1971 Suspend of U.S. convertibility to gold. Establishment of Smithsonian Agreement. 1972 Devaluation of the United States dollar. 1973 Suspend of dealing in foreign exchange markets by most of the central banks. Adoption of floating exchange rate regime. Abandonment of 2-tier gold market. 1975 Abolishment of restriction on citizen buying, selling or owning gold by U.S. First U.S. gold auction on January. Establishment of agreement between G10 countries and Switzerland on no attempt to peg the gold price. 1976 First gold auction by IMF on June. 1978 Disappear of formal role of gold in International Monetary System. 1979 Establishment of European Monetary System. Final U.S. gold auction on November. 1980 Last 45 IMF gold auctions on May. 1982 The United States Gold Commission reported to Congress. 1985 Establishment of Plaza Agreement on currencies. 1987 Establishment of Louvre Accord on currencies. 1992 Sign of treaty on European Union at Maastricht. 1998 Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal and Spain joined Economic and Monetary Union (EMU). 1999 Began of EMU. Announcement of Central Bank Gold Agreement (CBGA). 2004 Announcement of Second Central Bank Gold Agreement. 2.2.2 Gold Standard Went International *The picture above the gold and silver coins that available around the world during 19th century. From the chronology above, we know that most of the countries (except China) had abandoned their silver or bimetallic standard and went for a full gold standard between the years of 1871 to 1900. There is always a reason. German asked for war indemnity to be paid in gold by France right after the Franco-German War. German used this gold to finance a new gold standard in their home country. This had lead to an increase in the demand of gold and there was unload of tons of silver on the neighboring nations. Due to the fear towards silver inflation, the neighboring countries decided to follow German. The list below is the date of first gold standard: 1871 German 1873 Belgium 1873 Italy 1873 Switzerland 1874 Scandinavia 1875 Denmark 1875 Norway 1875 Sweden 1875 Holland 1876 France 1876 Spain 1879 Austria 1893 Russia 1898 India 1900 USA International Gold Standard existed when the following condition being fulfilled: Gold alone is assured of unrestricted coinage. There were two means of convertibility between gold and national currencies at a fixed ratio. Gold may be freely imported and exported.

Wednesday, November 13, 2019

Literary Criticism of Emily Brontes Wuthering Heights :: Wuthering Heights Essays

Literary Criticism of Wuthering Heights Wuthering Heights is not just a love story, it is a window into the human soul, where one sees the loss, suffering, self discovery, and triumph of the characters in this novel. Both the Image of the Book by Robert McKibben, and Control of Sympathy in Wuthering Heights by John Hagan, strive to prove that neither Catherine nor Heathcliff are to blame for their wrong doings. Catherine and Heathcliff’s passionate nature, intolerable frustration, and overwhelming loss have ruined them, and thus stripped them of their humanities. McKibben and Hagan take different approaches to Wuthering Heights, but both approaches work together to form one unified concept. McKibben speaks of Wuthering Heights as a whole, while Hagan concentrates on only sympathies role in the novel. McKibben and Hagan both touch on the topic of Catherine and Heathcliff’s passionate nature. To this, McKibben recalls the scene in the book when Catherine is "in the throes of her self-induced illness" (p38). When asking for her husband, she is told by Nelly Dean that Edgar is "among his books," and she cries, "What in the name of all that feels has he to do with books when I am dying." McKibben shows that while Catherine is making a scene and crying, Edgar is in the library handling Catherine’s death in the only way he knows how, in a mild mannered approach. He lacks the passionate ways in which Catherine and Heathcliff handle ordeals. During this scene Catherine’s mind strays back to childhood and she comes to realize that "the Linton’s are alien to her and exemplify a completely foreign mode of perception" (p38). Catherine discovers that she would never belong in Edgar’s society. On her journey of self-discovery, she realized that she attempted the impossible, which was to live in a world in which she did not belong. This, in the end, lead to her death. Unlike her mother, when Cathy enters The Heights, "those images of unreal security found in her books and Thrushhold Grange are confiscated, thus leading her to scream, "I feel like death!" With the help of Hareton, Cathy learns not to place her love within a self created environment, but in a real life where she will be truly happy. The character’s then reappear as reconciled, and stability and peace once more return to The Heights. Hagan, when commenting on Catherine’s passionate nature, recalls the same scene when Catherine is near death.

Monday, November 11, 2019

Theory of Consumer Behavior

Chapter 4 – Theory of Consumer Behavior Economics 11 – UPLB Prepared by T. B. Paris, Jr. December 11, 2007 Theory of Consumer Behavior ? ? ? Useful for understanding the demand side of the market. Utility – amount of satisfaction derived from the consumption of a commodity †¦. measurement units ? utils Utility concepts ? ? cardinal utility – assumes that we can assign values for utility, (Jevons, Walras, and Marshall). E. g. , derive 100 utils from eating a slice of pizza ordinal utility approach – does not assign values, instead works with a ranking of preferences. Pareto, Hicks, Slutsky) Total utility and marginal utility ? ? Total utility (TU) – the overall level of satisfaction derived from consuming a good or service Marginal utility (MU) additional satisfaction that an individual derives from consuming an additional unit of a good or service. ? TU MU = ? Q Total utility and marginal utility Example (Table 4. 1): Q 0 1 2 3 4 5 6 7 T U 0 20 27 32 35 35 34 30 36 MU –20 7 5 3 0 -1 -4 ? ? ? ? TU, in general, increases with Q At some point, TU can start falling with Q see Q = 6) If TU is increasing, MU > 0 From Q = 1 onwards, MU is declining ? principle of diminishing marginal utility ? As more and more of a good are consumed, the process of consumption will (at some point) yield smaller and smaller additions to utility Total Utility Curve TU 35 Total utility(in utils) 30 25 20 15 10 5 0 1 2 3 4 5 Quantity 6 Q Figure 4. 1 Marginal Utility Curve MU Marginal utility (in utils) 20 15 10 5 0 -5 Figure 4. 2 1 2 3 4 5 6 Quantity Q Consumer Equilibrium ? ?So far, we have assumed that any amount of goods and services are always available for consumption In reality, consumers face constraints (income and prices): Limited consumers income or budget ? Goods can be obtained at a price ? Some simplifying assumptions ? ? ? ? Consumer’s objective: to maximize his/her utility subject to income constraint 2 goods (X, Y ) Prices Px, Py are fixed Consumer’s income (I) is given Consumer Equilibrium ? Marginal utility per peso ? additional utility derived from spending the next peso on the good MU MU per peso = PConsumer Equilibrium ? Optimizing condition: MU X MU Y = PX PY ? If MU X MU Y > PX PY ? spend more on good X and less of Y Simple Illustration ? Suppose: X = fishball Y = siomai ? Assume: PX = 2 PY = 10 Numerical Illustration Qx 1 2 3 4 5 6 TUX 30 39 45 50 54 56 MUX 30 9 6 5 4 2 MUx Px 15 4. 5 3 2. 5 2 1 QY 1 2 3 4 5 6 TUY 50 105 148 178 198 213 MUY 50 55 43 30 20 15 MUy Py 5 5. 5 4. 3 3 2 1. 5 ? ? 2 potential optimum positions Combination A: ? X = 3 and Y = 4 ? TU = TUX + TUY = 45 + 178 = 223 ? Combination B: ? ? X = 5 and Y = 5 TU = TUX + TUY = 54 + 198 = 252 ? Presence of 2 potential equilibrium positions suggests that we need to consider income. To do so let us examine how much each consumer spends for each combination. Expenditure per combination ? ? Total expenditure = PX X + PY Y Combination A: 3(2) + 4(10) = 46 ? Combination B: 5(2) + 5(10) = 60 ? Scenarios: If consumer’s income = 46, then the optimum is given by combination A. .†¦Combination B is not affordable ? If the consumer’s income = 60, then the optimum is given by Combination B†¦. Combination A is affordable but it yields a lower level of utility ? end

Saturday, November 9, 2019

Religion as a cause of IntraState War

Disputes and disagreements over religious beliefs have been and continue to be one of the main sources of conflict, civil war, terrorism and even genocide in the modern world. As the noted theologian Hans Kà ¼ng has said: â€Å"There will be no peace among the peoples of the world without peace among the world religions.† (Shaefer,2004)Religious practices and beliefs have often been at the center of conflicts throughout history.   Religious conflict can involve two or more completely different religions or can rip apart one religion from within.   Religious beliefs are so deeply engrained into cultures that conflicts arise with change or when religions come into contact.   Even if the differences are minor, followers of all religions can become fervent when threatened.   In short, religion is something worth fighting for, according to history.   However, possibly one of the greatest ironies is that religious conflict usually goes against the teachings of the religio ns involved.   Imagine the strength of religion when war and violence are justifiable only when defending the faith, a faith that promotes good-will, peace, and the acceptance of others.â€Å"The fact that religion appears in such colorful variety – that there is not one single religion but a plurality – has always been a source of irritation for people,† writes Dr. Schaefer, laying out the problem. â€Å"Religions are in many ways similar, and yet they are so different; there is much which unites them, but also much which divides them. This is indeed irritating. All the world religions teach that there is only one ultimate reality, which we call God. If that is so, there can logically only be one truth: But if there is only one truth, why are there so many religions?†(Shaefer, 2004)â€Å"Once started religious strife has a tendency to go on and on, to become permanent feuds. Today we see such intractable inter-religious wars in Northern Ireland, betwe en Jews and Muslims and Christians in Palestine, Hindus and Muslims in South Asia and in many other places. Attempts to bring about peace have failed again and again. Always the extremist elements invoking past injustices, imagined or real, will succeed in torpedoing the peace efforts and bringing about another bout of hostility.† Datuk Seri Dr Mahathir Mohamad, Prime Minister of Malaysia, addressing the World Evangelical Fellowship on 2001-MAY-4In the Philippines, the migration of Christians settlers   to Mindanao and the transmigration program favoring the Christians causes intrastate conflict.   Furthermore, the under-representation of the Muslim in most categories of public service also brings conflict to Christians and Muslims in the Philippines.States have tended to approach religious opposition tactically rather than strategically. Countries such as Saudi Arabia and Pakistan have focused on short-term political gains using the most expedient tools available to count er religious opposition – from concessions on social issues to crackdowns on political opposition. The history of changing and shortsighted state policies toward religious opposition suggests these approaches are not sustainable in the long term. Nor have states shown much success in managing the spiritual/ideological dimension of conflict once it has begun – even if they started to stir religious passions in the first place. Increasingly, religion is both an identifiable source of violence around the world and simultaneously so deeply interwoven into other sources of violence — including economic, ideological, territorial, and ethnic sources — that it is difficult to isolate.(Treverton, Gregg, Giblan & Yost, 2005)WARS WITH A RELIGIOUS DIMENSION( Gantzel et al., (1993) 1. Mayanamar/Burma 1948 Buddhists vs. Christians 2. Israel/Palestinian 1968 Jews vs. Arabs )Muslims-Christians) 3. Northern Ireland 1969 Catholic vs. Protestants 4. Philippines (Mindanao) 1 970 Muslims vs. Christians (Catholics) 5. Bangladesh 1973 Buddhists vs. Christians 6. Lebanon 1975 Shiites supported by Syria (Amal) vs. Shiites supported by Iran (Hezbollah) 7. Ethiopia (Oromo) 1976 Muslims vs. Central government 8. India (Punjab) 1982 Sikhs vs. Central government 9. SudanWITH 1983 Muslims vs. Native religions 10. Mali-Tuareg Nomads 1990 Muslims vs. Central government 11. Azerbejdan 1990 Muslims vs. Christian Armenians 12. India (Kasjmir) 1990 Muslims vs. Central government (Hindu) 13. Indonesia (Aceh) 1990 Muslims vs. Central government (Muslim) 14. Iraq 1991 Sunnites vs. Shiites 15. Yugoslavia (Croatia) 1991 Serbian orthodox Christians vs. Roman Catholic Christians 16. Yugoslavia (Bosnia) 1991 Orthodox Christians vs. Catholics vs. Muslims 17. Afghanistan 1992 Fundamentalist Muslims vs. Moderate Muslims 18. Tadzhikistan 1992 Muslims vs. Orthodox Christians 19. Egypt 1977 Muslims vs. Central government (Muslim) Muslims vs. Coptic Christians 20. Tunesia 1978 Muslims vs. Central government (Muslim) 21. Algeria 1988 Muslims vs. Central government 22. Uzbekisgtan 1989 Sunite Uzbeks vs. Shiite Meschetes 23. India (Uthar- Pradesh) 1992 Hindus vs. Muslims 24. Sri Lanka 1983 Hindus vs. MuslimsHunttington (1993) xpects more conflicts along the cultural-religious fault lines because (1) those differences have always generated the most prolonged and the most violent conflicts; (2) because the world is becoming a smaller place, and the increasing interactions will intensify the civilization- consciousness of the people which in turn invigorates differences and animosities stretching or thought to stretch back deep in history; (3) because of the weakening of the nation-state as a source of identity and the desecularisation of the world with the revival of religion as basis of identity and commitment that transcends national boundaries and unites civilizations; (4) because of the dual role of the West. On the one hand, the West is at the peak of its power. At the same time, it is confronted with an increasing desire by elites in other parts of the world to shape the world in non-Western ways; (5) because cultural characteristics and differences are less mutable and hence less easily compromised and resolved than political and economic ones; (6) finally, because increasing economic regionalism will reinforce civilization-consciousness.It is clear that the causes of religious wars and other religion related violence have not disappeared from the face of the earth. Some expect an increase of it. Efforts to make the world safe from religious conflicts should then also be high on the agenda. Religious actors should abstain from any cultural and structural violence within their respective organizations and handle inter-religious or denominational conflict in a non-violent and constructive way. This would imply several practical steps, such as a verifiable agreement not to use or threaten with violence to settle religious disputes. It must be possible to evaluate religious organizations objectively with respect to their use of physical, structural or cultural violence. A yearly overall report could be published. Another step would be furthering the ‘depolitisation' of religion. Power also corrupts religious organizations. In addition, depolitisation of religion is a major precondition for the political integration of communities with different religions.Religious organizations can also influence the conflict dynamics by abstaining from intervention. As most conflicts are ‘asymmetrical', this attitude is partial in its consequences. It is implicitly reinforcing the ‘might is right' principle. During the Second World War, the Vatican adopted a neutral stand. It didn't publicly disapprove of the German atrocities in Poland or in the concentration camps. To secure its diplomatic interests, Rome opted for this prudence and not for an evangelical disapproval. The role of bystanders, those members of the so ciety who are neither perpetrators nor victims, is very important. Their support, opposition, or indifference based on moral or other grounds, shapes the course of events.An expression of sympathy or antipathy of the head of the Citta del Vaticano, Pius XII, representing approximately 500 million Catholics, could have prevented a great deal of the violence. The mobilization of the internal and external bystanders, in the face of the mistreatment of individuals or communities, is a major challenge to religious organizations. To realize this, children and adults, in the long run, must develop certain personal characteristics such as a pro-social value orientation and empathy. Religious organizations have a major responsibility in creating a worldview in which individual needs would not be met at the expense of others and genuine conflicts would not be resolved through aggression (Fein, 1992).ReferencesFein, Helen, ed. 1992. Genocide watch. New Haven: Yale University Press.Gantzel, Kla us, Jà ¼rgenTorsten Schwinghammer, Jens Siegelberg. 1993. Kriege der Welt. Ein systematischer Register kriegerischen Konflikte 1985 bis 1992. Bonn: Stiftung Entwicklung und frieden.Huntington, Samuel. 1993. The clash of Civilizations? New York: Foreign Affairs.Shaefer, Udo 2004 Beyond the Clash of Religions:The Emergence of a New Paradigm.   Zero Palm Press. Prague. Treverton, G. et al.   2005.   Exploring Religious Conflicts.   Rand Coporation: CA, http://www.rand.org/pubs/conf_proceedings/2005/RAND_CF211.pdf Varennes, F. Recurrent Challenges to the Implementation of Intrastate Peace Agreements: The Resistance of State Authorities.   New Balkan Politics Issue 7/8. http://www.newbalkanpolitics.org.mk/napis.asp?id=21&lang=English â€Å"Prime minister of Malaysia calls for end to inter-religious strife,† 2001-MAY-5, at: http://www.worldevangelical.org/default.htm.

Wednesday, November 6, 2019

Dawn By Elie Wiesel Essays - Biblical People In Islam, Free Essays

Dawn By Elie Wiesel Essays - Biblical People In Islam, Free Essays Dawn By Elie Wiesel The book I read for my book review was Dawn, bye Elie Wiesel. This story represents the post WWII struggle of the Israeli freedom fighters one young man in particular, who has found himself on the other side of the gun. Wiesel himself severed his time in the death camps at Auschwitz and Buchenwald during the War, and had previously written Night, the memoirs of his experiences. The purpose of this book, in my mind, was to express the inner most thoughts and the anguish of Elisha. Elisha is 18 years old. He was recruited by a gentleman named Gad, who turned him into a fighter. He has killed before for their cause, but only in groups never alone. Our bullets were a flaming wall on which their lives were shattered My five comrades and I set out to either kill or to be killed. Pg28. But now, Elisha wasnt in a group. He had been ordered to execute an English officer, John Dawson, as to compensate for the British capturing David ben Moshe, one of their own. In tradition, executions always took place at dawn in their culture; usually around 5AM. Elisha has less than twelve hours before he will be labeled as a murderer for the rest of his life. Hes having a difficult time coming to the reality that he is going to have to kill a man on his own. I should forget this night. But the dead never forget In their eyes I should be forever branded a killer. Pg69. Of course, then again, if anyone were put into that position having to kill a man, who has done nothing wrong except be born of English blood I think they would be having some serious issues with themselves as well. In the Jewish tradition, there is a lot of focus on and towards nighttime. Night is a very important in that Night is purer than day; it is better for thinking and loving and dreaming. At night everything is more intense, more true. The echo of words that have been spoken during the day take on a new and deeper meaning. The tragedy of man is that he doesnt know how to distinguish between night and day. He says things at night that should only be said by day. Pg4. Also, according to their realigion, at midnight, the dead rise and go to the synagogue to pray. At one point, during the night before Dawsons death, Elisha sees the ghosts of his parents, and old Master, of his fiend Yerachmiel, and of a little beggar boy. These ghosts help Elisha cope with what he is about to go through. Throughout the book, there is a lot of mention of the war between the Israelis and the British. At one point its said that, War is like night it covers everything. I very much agree with this statement. War does cover everything, mentally, physically, and ecologically; war has no care as to who it hurts, why, or how. As Night is drawing closer to an end, Elisha realizes that he doesnt want to go down to the basement, where John Dawson is being held, and kill a man he has never known. Thats a cowardice thing to do in their culture. I said that I wanted to go down before the time was up, to see the fellow, and talk, and get to know him. It was cowardly, I said, to kill a complete stranger. It was like war, where you dont shoot at men, but into the night you never know whether any of the enemy was killed, or which one. To execute a stranger would be the same thing. If I were to see him as only he died, I would feel as if I shot at a dead man. This, I feel is another powerful quote that makes good food for thought. I, and Im sure others as well, cant even fathom what Elisha is going through. Elisha does go down to meet John Dawson, about an hour before the dawn. He gets to know him, about his life, and family. He even promises to mail a letter to Dawsons son after hes killed.

Monday, November 4, 2019

The Physics Behind Aircraft Wing Design Essay Example | Topics and Well Written Essays - 1500 words

The Physics Behind Aircraft Wing Design - Essay Example Birds alter the form of their wings to revolve and maneuver. They supposed that they could utilize this methodology to get spinning control by bending or alteration of shape, of a part of the wing. So, the brothers designed numerous gliders (Reals, 2012). These gliders were soared as unmanned, as well as piloted. They referred to the discoveries of Cayley and Langley, and the suspended gliding flights of Lilienthal. They matched with Chanute with regard to some of their ideologies. They distinguished that management of the flying airplanes would be the most vital and intricate quandaries to resolve. Following these triumphant glider examinations, the Wrights designed and scrutinized their test location due to its windy weather, sand, hilly topography and remote position. The Wrights victoriously analyzed their novel fifty pound duo plane glider in 1900. It had a seventeen feet wing width and wing arching machinery. The construction of gliders was an upshot of a gradual technique of d iscerning aerodynamics and then managing the flights, building and scrutinizing numerous glider designs. These gliders operated but not to the anticipations of the Wrights based on the researches and dissertations of their forerunners. Their foremost glider initiated in 1900 only has approximately half the expected lift. Moreover, their subsequent glider performed worse. However, they continued their endeavor and built a wind tunnel, as well as numerous, complex apparatus to calculate lift and drag on the two hundred wing plan they examined. As a consequence, they resolved their previous quandaries in computations concerning drag as well as lift. Their examination and computations generated another glider with an enormous aspect proportions and accurate three axes management. They flew it victoriously in numerous instances thorough the structure of designing, wind channel scrutinized of airfoils and flight examination of whole size models. They resolved the quandaries of power and m anagement of an airplane. These resolutions were through invention of wing arching for spin management; together with concurrent yaw management with a steerable back controls (Crouch, 2008). History and Improvements of Aircrafts Wing Designs and the Physics of its Operation A fluid passing through the facade of a body applies surface energy on that surface. Lift is the constituent of this force that is vertical to the approaching flow course. It differs from drag force, which is the constituent of the facade force corresponding to the flow course. If the substance is air, the energy is the aerodynamic energy. There is an enormous interconnection if lift and the wing of a fixed wing airplane, though lift also emanates from propeller. When an airplane is soaring straightforwardly and level, most of the lift contests gravity. Nonetheless, when an airplane is ascending or descending in a twirl, the lift tilts with regard to the vertical. Lift might also be totally downwards in some aero batic movements, or the wing on racing vehicle. Streamline form of enables aircrafts to produce considerable lift as contrasted to drag (Robert, 2012). The underpinning principles of lift in planes emanate from the concepts of physics. Firstly, there are Newton’s principles of movements, especially the second principle which interrelate the force on a component of air to its velocity of momentum alteration. Secondly, there is the preservation of mass, as

Saturday, November 2, 2019

Medicine Essay Example | Topics and Well Written Essays - 2000 words

Medicine - Essay Example The practice of medicine has been shaped through the years by advancement and refinement of existing techniques of that era. As per N.D Jewson the concept of sick man was found to disappear from medical cosmology in two related sense of period ,1770 to 1870. Medical cosmology is basically meta physical and attempts to circumscribe and define the universal nature of medical disease ( Althruser and Bailbar, 1970 ). Three distinct period in history of medicine are associated with three different places and three different thoughts of diagnosis. From middle age- 18th century BED SIDE Medicine ( BM ) was widely prevalent, then by 1794 to 1848 came the era of HOSPTIAL MEDICINE ( HM ). And from the time forward it was Laboratory Medicine ( LM ) that ruled the medical world. The Laboratories contribution to the medicine has been recently recognized by the historians as something more than addition of knowledge, but as an seat of medicine which helps clinicians to account what they observe in patient. The first medical diagnosis made by human race was based on observations made with eyes and ears by ancient physicians. The Greek attribute all diverse reactions and diseases to bodily fluid called humor. Ancient Egypt's and Mesopotamian clinicians made diagnosis and treatment based primarily on observation of clinical symptoms as palpitations, acultation, etc. Other less scientific diagnosis that was widely prevalent in that time was spiritual sacrifice of animal and examination of those animals organs, being correlating to the patient's stage. Aptly described as the father of medicine ,Hippocrates in 300 BC attributed all diseases to body fluids. Later Gallen ( AD 131 to 101 ) who is called as the founder of experimental physiology combines Hippocrates and Pythogras theorem, holding four elements earth, fire, water and air contributing to four elements blood, bile, phlegm and black bile. In the middle age, in Europe early Christians considered diseases sin or punishment and diagnosis were based on symptoms, pulse, excreta ( especially urine). The concept of uroscopy was introduced and testing of urine for all diseases was made mandatory. The 17th century saw the descriptive work of medicine, as the medical journals started evolving and there was more ground work done for diagnosis and therapy of diseases. Many inventions as blood circulation, microscope, uroscopy, gravimeter analysis, experiments on blood transfusion, and attempt to use pulse rate and temperature as health indicator were followed. 18th century was considered to be the golden age of medicine as text book of medicines and laboratory medicines evolved. Blood pressure measurement and heart beat measurement and coagulation concepts were established in this century. The 19th century saw the growth of sophistication in technology in labs, transformation of society, introduction of the concept of bacteriolo gy, stethoscope, opthalmoscope, layrngoscope, x-ray, microscope, etc.( Starr, 1982). The three concepts in medicine At the beginning of medical cosmology, Bedside Medicine was widely predominant, mainly in the last 3rd of 18th century. The ideology was centered around University of Edinburg and in certain parts of England (Jewson, 1974). The BM treats patients as the patrons and physicians as