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Topics For World Problems Essay
Wednesday, September 2, 2020
How heredity and environment shap us free essay sample
For what reason am I so cold? Regardless of that various proof have indicated that nature and support are both answerable for the improvement of our character, the nature and sustain ideas despite everything work up a great deal of debate. It is increasingly essential to know not to concentrate on how each influences us freely, but instead how the two of them interface with each other to make the one of a kind people that we are. We each have various encounters with regards to the measure of adequacy nature or sustain has in forming us. With regards to my own character, I realize that it has been significantly influenced by support. The antiquated nature versus support debate relates to the conversation whether our character is a viewpoint that is foreordained by our qualities (the nature hypothesis), or is it the earth, for instance encounters and learning forms, that cause us to carry on the manner in which we do (the sustain hypothesis). Proof has demonstrated that both nature and support influence our character. We are brought into the world with specific capacities and attributes and sustain takes these intrinsic inclinations to form us as we experience life, learn new things and bit by bit develop. The inquiry is currently the amount of our character is impacted by qualities and how much by nature. It is an interminable conversation that has been continuing for quite a long time but may even now seethe on for a long time to come. Supporters of nature state that character has been gone down through our qualities from age to age. Kids, for instance, look like their folks by their physical appearance (like a similar eye shading, twofold jaw, or skin composition) and furthermore by their increasingly unique qualities, (for example, insight, extroversion, or hostility), and are likewise naturally later on progressively vulnerable to indistinguishable ailments from their folks, (for example, hypertension and diabetes mellitus). Joseph Le Doux, a writer and educator of neural science at the New York University Center for Neural Science, calls attention to in his article ââ¬Å"Nature versus Support: the Pendulum Still Swings with Plenty of Momentumâ⬠that the significance of qualities has been demonstrated with creatures also, for instance, the manner in which creature reproducers use a procedure called controlled mating to raise mutts to get an ideal conduct (1). Pooches are as far as anyone knows trackers until trained from the dark wolves a huge number of years back. Numerous varieties have been made from that point forward to suit people as herders, to pull loads, for assurance, to help police with examinations, to help impeded people or only for friendship. These pooches have been reproduced under close watch and with a lot of care through a few ages to get the ideal conduct. Besides, in an article ââ¬Å"Nature versus Sustain? If you don't mind donââ¬â¢t ask,â⬠Mark Henderson, a Science Editor of The Times, specifies an examination including indistinguishable and brotherly twins. Congenial twins were utilized on the grounds that they are on a hereditary level the nearest identified with each other than customary kin. The two sorts of twins share a similar situation. The outcomes show that the indistinguishable twins share similar qualities while the friendly twins show less closeness with one another. The explanation behind this is on the grounds that indistinguishable twins share their whole DNA and the brotherly twins share just half (2-3). This examination is another sign that character is inborn. An extra supporting contention is by Steven Pinker, a trial therapist, etymologist, writer and teacher at Harvard College, who states in his book The Blank Slate that individuals are brought into the world with abilities and parts of character that must be the aftereffect of heredity, for instance, the capacity of youngsters to become familiar with a language so effectively should have an intrinsic association (148). Kids have the capacity for simple language obtaining, due to the special structure of the talk organs that we people have. They can figure out how to talk rapidly, being that they have a jargon of 2000 words at age 5, which will twofold at 7 years old. Additionally, language is one of a kind to people and that must be a direct result of acquired qualities. Supporters of sustain say that we build up a character as we live through life by experience, learning and collaborations with our condition. What we acquire can change after some time, for instance, the impact that guardians have on us when we were youngsters presumably still even now as grown-ups. They have shown us habits that we are relied upon to apply to our lives. If we somehow happened to act inconsiderate, discipline would be the apparatus to get us to the correct way. This shows synaptic versatility is significant in the advancement of our character. Individuals are brought into the world with prearranged synaptic connections that are associated with one another all together for the mind to impart. As we develop through life, we experience various encounters, which adjust (either changing or improving) the synaptic connects to oblige us. This is called synaptic versatility, a procedure that outcomes in an adjustment in conduct (Le Doux 1). Sooner or later it was likewise imagined that we are brought into the world clear records, implying that we are conceived without inborn qualities in our psyches (totally void personalities). Our insight will originate as a matter of fact from our folks and society as we develop every day (Pinker 148). At the point when an infant is conceived, for instance, we can shape it to become anything we need from a specialist to the most notorious hoodlum on earth. There are no hereditary qualities included yet only an affecting domain. Exploration and test likewise accept that our youth encounters and learning forms all through life decide our outlook (Henderson 3). Indistinguishable twins, for instance, quite share 100 percent of their DNA with one another and that their IQ scores just show around 70 percent comparability. This means there must be another factor (support) other than legacy that assumes a job in the advancement of our character. When contrasted with my folks, I can see that nature has a contribution to my physical qualities and character too. I am certainly a part picture of my mom; we both have wide shoulders, wavy dark hair, high cheekbones, inclined eyes, and a round face. Other than having a similar shape hands and spots, my dad and I don't share a great deal for all intents and purpose truly. My sibling then again takes after my dad more. The main physical quality that my sibling and I share for all intents and purpose is the inclined eyes. Perspectives like kind disposition, liberality, faithfulness, genuineness, deferentialness, and attentiveness towards others are attributes that I share for all intents and purpose with my sibling and my folks. I am additionally unassuming, mindful, unobtrusive and kind like my mom. With regards to support I see that for my situation itââ¬â¢s recognizable that I have other character attributes which I can't discover on either my folks or my sibling, for example, aspiration, assurance, and familiarity with circumstances. I can see clear likenesses in character between my sibling and my folks. They, for instance, think about existence while taking other factors into consideration, carrying on with a laid back life encompassed by companions and participating in parties, while I am continually agonizing over the future and discovering ways on the best way to improve my life and secure my and my childrenââ¬â¢s future. Despite the fact that, my sibling and I are conceived from and raised by similar guardians, yet we don't have a similar character. The main distinction among he and I is that my sibling has remained with my folks for an any longer time than I. I had an incredible want for autonomy and went on my own when I was just 18 years of age. My condition changed and I was presented to various encounters from which I have adapted quite a lot more and which have changed my observation about existence after some time. As I developed throughout everyday life, I additionally notice that I have become less well disposed and less dependable of individuals. One model is that I was an inviting individual before I went to the United States. I generally had a grin all over and knew everybody and everybody knew me. When I got to New York City, I understood that I needed to change the manner in which I was. I was discouraged in light of the fact that I didn't comprehend why I couldn't simply act naturally. After cautiously watching my condition, I discovered that being excessively well disposed in New York City sadly just makes me a simpler objective to wrongdoing. My character has changed from being well disposed and reliable to not so much cordial but rather more watched because of endurance. Nature and support shape us to who we are today, yet sustain accomplishes a greater amount of the work than nature. We are brought into the world with a lot of characteristics, which establish the framework to the people we are and any new attribute would be difficult to encounter except if there is change to our hereditary material. These acquired qualities are continually changing as we become more established, on the grounds that the earth impacts us by modifying and creating us much increasingly after some time. Henderson concurs that ââ¬Å"Nature works through sustain, and support through nature, to shape our characters, aptitudes, wellbeing and behaviourâ⬠(3). We need both to make us what our identity is, on the grounds that they certainly go connected at the hip. As I take a gander at myself now and return to my encounters from the absolute first day that I can recall to the present, I concede that nature is similarly as significant as support in building up the lady that I am today. In my specific case it is evident and reasonable for state that the earth I have been presented to for an amazing duration affected me more than nature really did, will even now do as such as long as I live. After totally said and done, individuals will even now have their own conclusion about nature and sustain, which implies that this discussion will keep going for (quite a while. It is very evident that character is to be sure brought about by qualities and condition, not exclusively, however together as demonstrated. A quality however may cause us to act a specific way, yet it doesn't cause us to get things done. Donââ¬â¢t we despite everything have the alternative to pick who we need to be the point at which we grow up?
Saturday, August 22, 2020
Importance of managing the firms weighted average cost of capital Essay
Significance of dealing with the organizations weighted normal expense of capital (WACC) - Essay Example Overseeing WACC in this manner implies keeping the WACC esteem lower than the organization's after-expense forms, or as it were, decreasing the expense of capital.This should be possible by financing a significant level of the buy with the most reduced expense of capital accessible, made sure about obligations for example, and the rest with individual value held as money, or by methods for capital prioritization, that is, utilizing the least expensive wellspring of capital first. A low WACC implies that financial specialists will be keen on the organization in the event that extra capital should be raised for development or different purposes. Figuring WACC is frequently precarious in light of the fact that however the expense of obligation is anything but difficult to find, cost of value can be a subtle factor. Be that as it may, it merits the activity, since realizing its WACC encourages an organization to attempt to limit the WACC esteem for undertakings to levels far beneath those of its after-assessment forms, along these lines adding to productivity. All organizations need to take plan of action to advances at some phase of their life cycle. Be that as it may, they have to painstakingly and fundamentally assess their advance understandings, regardless of whether in the general population or the private segment.
Friday, August 21, 2020
Agency theory free essay sample
Presentation ââ¬Å"It is the things towards which we have the more grounded regular tendency that appear to us increasingly contradicted to the meanâ⬠Aristotle (2004, p. 47) The narrative ? Inside Job? depicts an arresting record of a money related industry rotted with covetousness and irreconcilable circumstances. As brokers bet inventively with the existence reserve funds of laymen speculators, appraisals offices and controllers ignored the full picture, while researchers upheld the improvement of over the counter subsidiaries intended to shield the ever-expanding pace of subprime contracts. Starting in mid-2007 the biggest American monetary emergency since the Great Depression started to unfurl (Jickling 2010) with a large number of property holders defaulting on their home loans (Pinyo 2008). The outcomes were to be looked about the world and the Global Financial Crisis (GFC), as it came to be known, before long had national governments scrambling to ? rescue? private organizations in exertion to keep the money related industry above water and relieve the aftermath from diverging into disorder (Shah 2010, Sidelsky 2009). Definitely, the squeezing inquiries of governments, media and the open the same were how might it have gone this wrong and who was to be accused? Shots were discharged left, right and focus, directed at a scope of variables from guideline and credit organizations to money related development and national banks. Especially, the entwined parts of official compensation and the protection of corporate administration (CG) were focused as having neglected to shield the organization and boosted hazard taking. The assaults were not just aimed at ? institutional builds? , an intermittent character was likewise the covetous investor and his clear dismissal for morals and profound quality in quest for his own benefit. As we enter the ? post-emergency? time, governments and controllers try to redevelop guidelines and measures to forestall the repeat of a GFC. By and large in any case, their concentrate just tends to what is obvious (Dobbin et al. 2010). The reason for this proposition is to dig further and audit the hidden hypothetical develop of best practice CG systems used today, office hypothesis (AT), a build that has additionally been scrutinized as ? green lighting? a higher penchant towards chance, alongside untrustworthy and corrupt conduct (Ghoshal 2005). This proposal hence suggests the conversation starters: Did the organization hypothesis solutions of corporate administration and directorsââ¬â¢ budgetary proficiency sway the hazard profile of Scandinavian banks during the Global Financial Crisis? Also, are there contrasts in the good and moral impression of business studies correlation with different majors? In view of theories got from AT and through the use of information on Scandinavian Banksââ¬Ë Thomas Rudiger Smith 7 M. Sc. FSM Master Thesis: Agency Theory Its Consequences top managerial staff and motivating force designs, the proposition tends to the initial segment of the exploration question by examining whether AT solutions added to the hazard taking conduct that pushed the GFC. Thusly, the second piece of the exploration question is broke down based on theories grounded in the well known reactions of AT in siring indecent or untrustworthy chiefs, and tries to respond to this inquiry through an overview of moral recognitions. At last the consequence of the exploration question is talked about with a view to the executives training and good way of thinking. Preceding examining these issues, it is essential to comprehend the inspiration driving the points of this proposition. 2 Motivation The GFC has not exclusively been an antagonistic theme for controllers, brokers and the media, business colleges have likewise discussed the causes and results in exertion to discover approaches to all the more likely set up their understudies for future challenges1. This discussion, in mix with past research on organization hypothesis in banking (Smith et al. 2009) started the authorââ¬Ës beginning enthusiasm through the straightforward inquiry ââ¬Å"What job have office hypothesis remedies played in the emergency? â⬠. What began as a basic inquiry has advanced into this proposition, wherein the results and symptoms of the AT viewpoint is checked on because of its conspicuous job in business instruction (Dobbin et al. 2010) and its potential relationship to the GFC. What further increased the intrigue was the apparent synchronous lack of ability of office hypothesis as a graphic hypothesis of CG (Dalton et al. 1998) in blend with its solid standardizing capacity, and potential symptoms. Basically the inquiry that stayed after the audit of insightful compositions on organization hypothesis, was whether the reactions of empowering hazard taking and the assumed proposition of making shameless administrators in actuality was valid, and provided that this is true, what might this mean for the executives instruction. Out of this developed the examination inquiries under scrutiny here, for which the conspicuous decision for information assortment was the financial business as both covetousness and exorbitant hazard taking have been contended as reasons for the emergency (Shah 2009). The particularity of the zone of intrigue anyway implied that rather than a significant part of the ebb and flow business inquire about on the GFC, this proposition has never expected to give contribution to how money related guideline ought to be figured. Or maybe, the objective has been to feature the potential ramifications for the executives training, given the absence of research in this despite the fact that numerous future brokers will be the result of business colleges. Furthermore, the explicitness of the exploration addresses implies that Discussions on the effect of the budgetary emergency on the executives training were seen at a CEMS Executive Board meeting in Singapore in May 2010. CEMS is a partnership of 26 driving overall business colleges. 1 Thomas Rudiger Smith 8 M. Sc. FSM Master Thesis: Agency Theory Its Consequences the structure must be qualified appropriately before beginning, as it handles two at the same time autonomous and interlaced inquiries. The resulting segment will hence present the postulation structure. 3 Structure because of the examination questions and the information assortments, the structure of the theory will make a topical split when regarded important to stay away from disarray between the treated information and theories. The structure for the proposal will along these lines set out in like manner, first by plotting the setting of the GFC, from that point presumptions and restrictions will be introduced so as to separate the examination zone. In this way, the hypothetical foundation will be presented, first featuring the center hypothetical Figure 1 Structure establishment of office hypothesis and accordingly moving into the two distinct results under scrutiny â⬠chance taking and morals. From this point forward the theories for every outcome will be presented, which will be trailed by a joint procedure segment. From that point the proposal is partitioned, first concentrating exclusively on chance taking and administration systems, their examination and halfway end, trailed by the investigation of the subsequent strand, the moral speculations. At long last once the sum total of what speculations have been researched, these two strands will be incorporated in the conversation and the discoveries will be summarized in the end. All through the proposal, a graphical portrayal of the structure (Figure 1) will demonstrate shifts starting with one area then onto the next. Having delineated the inspiration and structure, the accompanying area tries to qualify the dominating spotlight on administration and eagerness regarding the GFC and their association with the monetary hypothesis. Thomas Rudiger Smith 9 M. Sc. FSM Master Thesis: Agency Theory Its Consequences 4 Greed, Governance the Financial Crisis 4. 1 Greed The populist reason for the GFC is voracity, (Pinyo 2008, Guina 2008) wherein speculation financiers bet with client reserves (Shah 2010). Credit was modest, should have been loaned out and without any prime borrowers, investors went to sub-prime borrowers to trade out more cash (Jarvis 2009). The bet was right around a sure thing gave lodging costs continued rising, yet when the lodging bubble started to choke and loan costs rose, sub-prime borrowers started to default (Jickling 2010, Time 2011). Despite the fact that recognized as a contributing element (Anderson 2008), the occasions going before the GFC are too diverse to even consider being ascribed to avarice alone. 4. 2 Governance 4. 2. 1 Distorted Bonus Bonanza A reward culture that adequately embraced unnecessary hazard taking didn't help. The potential for upside gains were noteworthy and the drawback costs irrelevant, or so it appeared (Sidelsky 2009). As supported by Krugman (2008) in the New York Times, ââ¬Å¾The pay framework â⬠¦lavishly remunerates the presence of benefit, regardless of whether that appearance later ends up having been a figment?. Variable compensation bundles that attached administrative riches to the abundance of investors were typical. Rajan noted in 2005 that these made misshaped motivating forces and advanced hazard taking, in any event, announcing that ââ¬Å¾They may make a more noteworthy likelihood of a disastrous emergency? (p. 318). Master Turner, head of FSA, would later help Rajan in asserting that the reward culture in reality affected the budgetary emergency (BBC 2010). Their contentions were additionally upheld scholastically by Bechmann and Raaballe on an example of Danish banks (2010). Rajan (2005) and Blundell-Wignall et al. (2008) contended that the inborn issue of motivating force plans was that they were not hazard balanced, successfully highlighting hazard taking conduct. The heavy rewards amassed by bank supervisors were likewise focused for analysis in the post-GFC blame dealing game, as lawmakers either addressed or looked for administrative activity on extra levels (Arentoft 2010, Condon 2010). Anyway Sidelsky (2009) fought that brokers, however likewise selfinterested, acted to a great extent as per the aphorism of the framework â⬠benefit amplification. Thomas Rudiger Smith 10 M. Sc. FSM Master Thesis: Agency Theory Its Consequences 4. 2. 2 Corporate Governance Failure Closely relate
Saturday, May 30, 2020
How Effective is Federalism in the U.S. - Free Essay Example
American federalism has evolved in many ways over the years. The common theme among the different types of federalism is balancing power between federal government and lower levels of government. There are those who shed light mainly on the disadvantages of federalism, but there are also those who choose to shift their focus to the advantages and ways that federalism can empower citizens. Does competition among state and federal government really focus on the well-being of citizens? How do mobility and choice tie into federalism? Is there a pending resurgence of federalism in our nation? Federalism is a unique system of government. In America, there are various levels of government such as local, state and federal. The idea of federalism is that the divided authority will counter an all-powerful federal government. The Tenth Amendment is the basis for American federalism (Unknown author, https://definitions.uslegal.com/f/federalism/, unknown publish date). This Amendment addresses the relationship between state and federal government (Unknown author, https://www.law.cornell.edu/constitution/tenth_amendment, unknown publish date). To understand federalism, itââ¬â¢s important to know the history of the system, what inspired the idea to begin with, how itââ¬â¢s evolved, the ways it affects citizens, etc. Around the 1780ââ¬â¢s most nations had unitary governments . A unitary government is a system in which the central government wields either most or all political authority. Americans specifically rebelled against the unitary government of Britain. Understandably, when forming the U.S., early Americans werenââ¬â¢t too keen on the idea of jumping right back into this type of system. Confederations were another popular system of government around this time. This type of government gives a majority of the power to states. One of the main issues with a confederation is weakened central authority. Delegates at the Constitutional Convention came up with a tentative solution. Enter: federalism. The U.S. first saw dual federaism from 1789-1933. In dual federalism, itââ¬â¢s very apparent which level of government has what authority. For this reason, dual federalism is also referred to as ââ¬Å"layer cakeâ⬠federalism. Defined ââ¬Å"layersâ⬠of governmental responsibility, just like a layer cake. Next, cooperative federalism (1933-1981) was implemented. Cooperative federalism is also called ââ¬Å"marble cakeâ⬠federalism. The reason for thi s is that in this system, different government functions all seem sort of blended together. While a cake with flavors that intermingle is quite enjoyable, as a system of government, it can become confusing. Whoââ¬â¢s authorized to do what? Thatââ¬â¢s a question cooperative federalism poses. From 1981-2009, the United States saw the rise of new federalism. New federalism emphasizes the importance of local and state governments. The lines of authority are even more swirled together with new federalism than with cooperative federalism. Introduced in 2009 and still in practice today, we have progressive federalism. Progressive federalism, of course, grants the federal government power to set certain ground rules for what states can do, but ultimately the idea is that states will have the bulk of the power (Unknown author, Types of Federalism, the Basis for American Government, https://www.dummies.com/education/politics-government/types-of-federalism-the-basis-for-american-government/, unknown publish date). A prime example of federalism is the movement to make the recreational use of marijuana legal. Marijuana is classified by the federal government as a controlled substance. Even though recreational use of marijuana is still federally prohibited, the Obama administration inspired a more laid-back attitude regarding marijuana. States are generally allowed to decide how theyââ¬â¢d like to penalize (or not penalize) citizens if theyââ¬â¢re found to be in possession of marijuana. Though, states still must meet specific requirements (like not allowing children to end up with marijuana in thei r possession) (G. Lopez, Marijuana Legalization, Explained, https://www.vox.com/platform/amp/identities/2018/8/20/17938372/marijuana-legalization-federal-prohibition-drug-scheduling-system, November 14, 2018). Competitive federalism is again, based on the Tenth Amendment. Its main concept is that states should be able to compete with one another on important policy issues. The idea is that if states are given the money and authority to do so, thereââ¬â¢s more room for beneficial changes and breakthroughs (M. Mayer, Power to the States, https://www.usnews.com/news/the-report/articles/2018-05-31/right-and-left-should-come-together-on-competitive-federalism, May 31, 2018). One major argument made by those who support competitive federalism is that it liberates citizens. More specifically, supporters argue that competitive federalism gives constituents the ability to act as government consumers by finding which state best fits their specific needs and then moving there (O. Lipsett, the Failure of Federalism: Does Competitive Federalism Actually Protect Individual Rights?, Constitutional Journal of Law, March 2008). Choice and mobility are recurring themes throughout the multiple points of view on federalism overall. The new era known that brought about competitive federalism surfaced around 1978. At this time, state governments and federal government began engaging in competition with one another for citizens, support and resources. Around 1928 to 1978, the federal government had an apparent fiscal edge. This was known as the centralization period. Competitive federalism was a result of the loss of that advantage (J. Shannon, J.E. Kee, Public Budgeting Finance, Volume 9, Issue 4, December 1989). Thereââ¬â¢s a lot of questioning about whether or n ot competitive federalism is truly beneficial to citizens. For example, in United States v. Windsor, the issue was same-sex marriage. The Defense of Marriage Act (known hereafter as DOMA) was passed in 1996. DOMA allowed states to decide whether or not theyââ¬â¢d recognize same-sex marriages. At the time DOMA was in effect, the federal government specifically defined ââ¬Å"marriageâ⬠as a union between a male and a female. Because of this, many same-sex couples didnââ¬â¢t have access to some significant benefits heterosexual married couples did (joint tax filing, estate-tax exemption, etc.). The Court ultimately ruled that the states were permitted to choose whether or not to define marriage. Then, a woman who had been directly feeling the negative effects of DOMA took monumental action. Edith Windsor sued the federal government and succeeded. Her victory resulted in DOMA being repealed. It was determined that the federal government was not authorized to define marriage This is a significant example of competitive federalism because same-sex couples could move to states that wouldnââ¬â¢t deny them marital benefits. (Unknown author, 3.4 Competitive Federalism Today, https://cnx.org/contents/[emailprotected]:[emailprotected]/Competitive-Federalism-Today, unknown publish date) Federalism can be empowering to citizens. First, there are many states that are extremely focused on individual rights. Since states are given leeway to make decisions on policy issues, some citizens who may not feel their rights are protected in one state may feel differently in another. This is c losely related to citizen choice. Citizens are empowered because theyââ¬â¢re given options to find a state that could meet unfulfilled needs. Citizens also can find themselves empowered through the emphasis on state governmentââ¬â¢s power. More Americans seem to trust state and local levels of government than in the national government. This is understandable, as these levels of government offer quicker and more efficient responses to constituentsââ¬â¢ needs (Morone Kersh, By the People: Third Edition, 2016). Private ownership is the first of three private economic principles. Itââ¬â¢s the responsibility of the government to determine who owns what, permit property owners to use their own judgement to determine the best use of their private property. The government must also protect private property. In nations that donââ¬â¢t have an organized, formal system for private ownership, there are lots of issues. If government isnââ¬â¢t establishing legal rules that determine who owns what, thereââ¬â¢s not much they can do to protect the property (T. West, The Heritage Foundationââ¬â¢s First Principles Series, The Economic Principles of Americas Founders: Property Rights, Free Markets and Sound Money, No. 32, August 30, 2010). Market freedom is the next private economic principle. Everyone must be entitled to sell what they what, when they want and to who they want for a reasonable price thatââ¬â¢s mutually agreed upon. There are some exceptions, of course. The role of the gove rnment in market freedom is to clarify contracts and ensure the terms are upheld ( (T. West, The Heritage Foundationââ¬â¢s First Principles Series, The Economic Principles of Americas Founders: Property Rights, Free Markets and Sound Money, No. 32, August 30, 2010). A command (or planned) economy is the opposite of a free market. Command economies place centralized power in the government to delegate how much of certain goods are produced and how theyââ¬â¢re sold and used (L. Kramer, Whatââ¬â¢s the Difference Between a Market Economy and a Command Economy, https://www.investopedia.com/ask/answers/100314/whats-difference-between-market-economy-and-command-economy.asp, January 9, 2018). The last private economic principle is stable money. There needs to be a reliable way of measuring market value. A lack of reliable money can lead to unpredictable fluctuations in the prices of services and goods (T. West, The Heritage Foundationââ¬â¢s First Principles Series, The Economic Principles of Americas Founders: Property Rights, Free Markets and Sound Money, No. 32, August 30, 2010). Mobility and choice are key topics within federalism. There are those who are of the opinion that federalism offers citizens more choices. Those who are in this camp of thought argue that citizens can simply base their decisions on where to move according to which states offer which benefits, programs, resources, etc. However, there are also those who argue that people arenââ¬â¢t always able to easily utilize that mobility (Morone Kersh, By the People: Third Editon, 2016). Federalism relates to centralization and addresses same. The fiscal correlation between federalism and centralization is that in theory, lower levels of government are given more freedom to make decisions. Federalism also directly relates to policy centralization. Again, since federalism aims to balance power, thereââ¬â¢s a drive to let states take more charge on policy matters (J. Rodden, Comparative Federalism and Decentralization: On Meaning and Measurement, Comparative Politics, Vol. 36, No. 4, July 2004). One advantage of federalism is protection against autocracy. This is arguably one of the most important advantages of a federalist system. With power divvied up between, thereââ¬â¢s less of a chance of the nation falling under tyrannical rule. Checks and balances are important for this reason (R. Wiseman, Advanta ges Disadvantages of Federalism, https://bloomp.net/articles/benefits-of-federalism.htm, unknown publish date). Another advantage of federalism is that citizen participation is increased. As mentioned previously, citizens show more trust in local levels of government. Because the federal government isnââ¬â¢t given omnipotent authority, citizens are more inclined to participate in political activities (R. Wiseman, Advantages Disadvantages of Federalism, https://bloomp.net/articles/benefits-of-federalism.htm, unknown publish date). A third advantage of federalism is that state governments are far more responsive to the needs of the citizens. This is very closely tied in with increased citizen participation. This leads to better conflict management and a more efficient system (R. Wiseman, Advantages Disadvantages of Federalism, https://bloomp.net/articles/benefits-of-federalism.htm, unknown publish date). Now, of course, there are certain disadvantages of federalism. The first is that federalism makes it possible for there to be policy imbalances among the states. (R. Wiseman, Advantages Di sadvantages of Federalism, https://bloomp.net/articles/benefits-of-federalism.htm, unknown publish date). An example that comes to mind is the case of United States v. Windsor, which I discussed earlier in this paper. A second disadvantage of federalism is that it makes unanimity quite difficult. We are a nation of different political parties. When local officials are in charge of parties in a state, the politics can get particularly chaotic (Morone Kersh, By the People: Third Edition, 2016). Finally, as previously discussed when reviewing the history of federalism in America, it was made very obvious that blurred lines of authority can pose various issues. Overlapping governmental responsibilities can breed coordination issues (Morone Kersh, By the People: Third Edition, 2016). There are some factors that may be paving the way for a resurgence of federalism in America. Historically, America has had a national government smaller than other nations. During significant events such as the World Wars, the Great Depression and the Cold War, the size grew. However, with each increase in size, efforts have been consistent to reduce size again. Another factor is that Americans have displayed a tremendous amount of civic voluntarism since the nineteenth and early twentieth centuries. This means citizens are getting involved in public life of their own volition. This voluntary spirit leads to political innovations and positive changes in policies across the nation. Finally, checks and balances, ensuring that public officials cannot act unilaterally, could has and will continue to lead to great strides for our nation (Morone Kersh, By the People: Third Edition, 2016). Throughout the process of examining the positive and negative aspects of a federalist system, I do be lieve that itââ¬â¢s an effective system. Checks and balances, citizen involvement and responsive officials can all lead the way to improve upon this system and work toward empowering the nationââ¬â¢s citizens more than ever before.
Saturday, May 16, 2020
Alice In Wonderland Syndrome - Free Essay Example
Sample details Pages: 4 Words: 1183 Downloads: 5 Date added: 2019/05/08 Category Literature Essay Level High school Tags: Alice in Wonderland Essay Did you like this example? Our topic is on Alice in Wonderland Syndrome (AWS), also known as Toddââ¬â¢s Syndrome. Sometimes when you have a migraine, things donââ¬â¢t look right. Colors change, straight lines turn wavy, time seems to change, and things shift. AWS is similar to that. AWS is an uncommon condition that gives you short-term episodes in which you have disorientation and distorted perception. A British psychiatrist, John Todd, first identified AWS in the 1950s. In the book Aliceââ¬â¢s Adventures In Wonderland, Alice drinks from a bottle that says drink me and turns the size small enough to walk through a small door. Then, later on, she eats something that says eat me and turns large enough to reach the key on the table. John Todd recognized that the things Alice goes through in the book were similar to what you go through during an AWS episode, so he named the condition Alice in Wonderland Syndrome. Donââ¬â¢t waste time! Our writers will create an original "Alice In Wonderland Syndrome" essay for you Create order AWS has many different things you can experience during an episode. Episodes are different for everyone. Some common symptoms are migraines, size distortion, perceptual distortion, time distortion, sound distortion, loss of coordination. The odds of getting migraines are higher if you have AWS. Everyone who has AWS will have different episodes. They can last anywhere from a few seconds to a half an hour and you can experience all or some of the symptoms. The episodes can happen multiple times a day for multiple days in a row, and then not have one at all for several weeks or months. Doctors are still trying to figure out what the cause of AWS is, but they still havenââ¬â¢t found a cause. What they do know is that AWS is not a problem with your eyes. Most people think it is a problem with your eyes because of all the hallucinations. Doctors know that abnormal blood flow, caused by unusual electrical activity, flows to the sections of the brain that processes your visual perception. Even though doctors have figured this out, they still donââ¬â¢t know what causes the unusual electrical activity in the brain. If you have AWS, or some of your family members have it, it can increase your chances of getting infection, migraines, and genetics (a rare disease). Some possible causes that doctors have come up with are stress, brain tumor, use of hallucinogenic drugs, epilepsy, and having a stroke. AWS is extremely undiagnosed but this is because no one really knows what to look for to diagnose it. They often diagnose AWS because of ruling out other options. People often donââ¬â¢t think much of their episodes because they are only a few seconds or minutes long. Doctors have no actual test they can use to diagnose AWS but some things that they can do to help them see if the patient has AWS is an MRI scan, blood scans, and electroencephalography(EEG). An EEG will measure the electrical activity in the brain. Doctors are trying to find the cause for AWS, but at the same time, they are trying to find a cure. There is no treatment or cure for AWS yet, so the best way to handle your symptoms is to just rest and wait for them to pass. Another thing that can help is to treat your symptoms like any other person would. For example, if you normally get migraines during an episode, take painkillers, or whatever you would do normally if you didnââ¬â¢t have AWS. Over time AWS can get better. Overall, the symptoms of AWS are disorienting, but they are not harmful to you. Doctors are trying to find a cure and a cause for AWS. Over time you will experience the symptoms less and less. AWS may be hard while you are having episodes, but in the end, itââ¬â¢s not the worst thing ever. If you treat AWS the right way, it could even go away entirely as you reach your adulthood. We chose this article because it is a rare condition of neurological ailment disorder that is not frequently known, and a British psychiatrist Dr. John Todd based it off, of a novel by the author Lewis Carroll, and some movies called Alice In Wonderland(AIWS). This originated in 1955. AIWS is relevant to the 5 Aspects of Wellness because you are mentally affected, you canââ¬â¢t sense out whatââ¬â¢s reality and fantasy, it plays tricks on your brain by hallucinating your mind into reforming and reshaping body parts, or whatââ¬â¢s adjacent or distant. Itââ¬â¢s not a fad, because itââ¬â¢s been around for 64 years, originated from 1955 to 2019, and doctors, psychiatrist, etc. try to find the cure to (AIWS) but have failed, because they couldnââ¬â¢t find functional medical care. I think since doctors like to take on challenges, to medicines, and cure AIWS will be with us for a long time until they find medical treatment. A Healthline source said the potential danger is à ¢â¬Å" This syndrome can affect multiple senses, including vision, touch, and hearing. You may also lose a sense of time. Time may seem to pass faster or slower than you think. You may feel larger or smaller than you actually are. You may also find that the room youââ¬â¢re in ââ¬â or the surrounding furniture ââ¬â seems to shift and feel further away or closer than it really isâ⬠, and thatââ¬â¢s why many doctors, FDAââ¬â¢s and Psychiatrist think (AIWS), is a danger to reality. Personal things I learned about (AIWS) is, that doctors do not really know whatââ¬â¢s causing it but are taking an estimated guess to say that brain tumors, migraines, epilepsy, psychoactive drugs, Epstein-Barr-virus disease are the genesis to (AIWS). That (AIWS) has no official cure, but doctors say to reduce these symptoms you can perform a migraine diet and/or migraine prophylaxis. Since (AIWS) syndrome is an infrequent, uncommon disease, most people are not contained with it yet, but statistics show that patients that have a history with migraines have 15% chance of getting(AIWS). I did not know (AIWS), was such a mental disease in the world, that affects your brain into hallucination, or that (AIWS) can be a side ââ¬Å"diseaseâ⬠to a disease/virus-like migraines, or brain tumor etc. One thing that is surprising is that an inside source Helene Stapinski said ââ¬Å"The New York Times, writer Helene Stapinski shared her personal experience with the syndrome. Stapinski recounts how her daughter while suffering from a bad headache, told her ââ¬Å"Everything in the room looks really small.â⬠This realization opened a door to Stapinski own experiences with this rare syndrome, and the story caught fire on social media in the following days. Studies show that out of the 48 people who had (AIWS) later on ensued migraines and headaches that werenââ¬â¢t in their heredity. BioMed Research International said In 1952, Lippman firstly described several pati ents experiencing sensations of becoming remarkably tall or short during attacks of migraines. Lately, Coleman found the same symptoms in a young patient with schizophrenia, who referred that she felt just like Alice in Wonderland, because of her sensation of shrinking and enlarging.
Wednesday, May 6, 2020
Pulmonary Arterial Hypertension ( Ph ) - 1257 Words
Pulmonary Arterial Hypertension (PAH) belong to group 1 in the classification of Pulmonary Hypertension (PH). It is a chronic progressive disease caused by narrowing of the minor pulmonary arteries due to vascular proliferation and remodeling. Figure 1: Changes occur in blood vessels in PAH. The estimated prevalence for PAH is 15-50 cases per million although it is a rare disease. The female to male ratio is 1.7:1 with higher prevalence between 30-40 years old. To date there are 52 cases per million population of Scotland diagnosed with PAH. (1) The current treatments available for PAH are prostaglandin (PG), calcium channel blocker (CCB), Endothelin Receptor Antagonist (ERA), and Phosphodiesterase-5-inhibitors (PDE-5-I). The need for new drug therapy is due to the drawbacks of the current treatment as shown in the tables below. (3) This has led to the development of Opsumit (Macitentan), a new drug therapy for PAH. Table 1: Drawbacks of using Calcium Channel Blocker (CCB) in PAH Calcium Channel Blocker (Nifedipine, Diltiazem) The proportion of patient benefited from this drug is too little.(2) Table 2: Drawbacks of using Prostaglandins (PGs) in PAH Epoprostenol I.V Iloprost nebulized Treprostinil S.C - Inconvenience administration through IV route which requires hospitalization - Unpresentable body image - Administration of the drug might be associated with high risk of infection (need to be given through continuous I.V infusion due to short half-life)Show MoreRelatedThe Heart Is A Hollow, Muscular Organ Of The Middle Mediastinum Orientated Obliquely961 Words à |à 4 Pagesgrooves indicate these divisions: the atria are separated from the ventricles by the coronary sulcus (the atrioventricular groove) with a hiatus anteriorly at the root of the pulmonary artery (PA). 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Tuesday, May 5, 2020
Analysis of the Stocks of Apple
Question: From the point of view of an investor who wishes to evaluate whether the stocks that you examined are worth investing in, how useful was the analysis you carried out on these stocks? What limitations do you see in your analysis and results for investment decision making purposes? What further analysis would you wish to carry out? Explain. Answer: Effectiveness of the Analysis: The Portfolio analysis of the stocks of Apple, BHP Billiton Ltd. and Citi Group has provided many useful information regarding the profitability and investment risks related to the stocks. Though the present discrete return rate of Apple Inc is showing negative value, the volume of negative rate is nominal and in the recent past the market value of the Apple Inc. stocks has increased significantly. Whereas, the market value of BHP Billiton Ltd. has experienced high up and downs. It indicates that the stock prices of Billiton Ltd. are not stable and consisted with high-risk elements. The prices of the Citi Group stocks have recently fallen greatly, but it has also maintained a steady growth over the recent past. The weighted average rate of return of the three stocks is also quite unstable (Kranner et al. 2015). Hence, amongst the three stocks, it is better to invest in the stocks of Apple Inc. and Citi Group. The BHP Billiton Group can be considered for investment, but, the volume of investment should be minimum to avoid the high risk, connected with the stocks. Limitations of the Analysis: The analytical process, adopted in the report, has not provided any guidance on the proportionate investment. It has given focus on the risk analysis of the individual stocks and the combined rate of return of all three stocks. There is no reference given on how the total investment amount can be divided among the three stocks to segregate the risk factor (Picard 2014). Additional Requirement: Hence, the analysis process should include any diversification method to provide more assistance in the investment decision-making process. Reference List: Kranner, Stephan, Neal Stoughton, and Josef Zechner. "A Natural Experiment in Portfolio Management."Available at SSRN 2514593(2015) Picard, Robert G., ed.Media product portfolios: Issues in management of multiple products and services. Routledge, 2014
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