Saturday, December 28, 2019

The Importance of Low Aggregate Volatility in the US Economy

Since the mid 1980’s the United States economy has been characterized by low inflation and low volatility in the market. The Former Fed chairman Ben Bernanke has even gone as far to say that the Fed has tamed the business cycle. Supporters of this idea believed that deregulation of the financial sector and controlling inflation would bring long expansions and limited recessions. What were the factors that caused this period of stable economic growth? This period of low volatility was due to both Fed regulation and good timing or luck. The financial crisis has obviously proven that the Fed has not fully tamed the business cycle. â€Å"Whether any rise in volatility is more likely temporary than permanent will depend on the cause of the rise in volatility† (Clark, 5-6). Now the question remains is if The Great Moderation is really over, and if the economy can return to this period of low volatility. Some believe that this rise in volatility is only temporary. Why is low aggregate volatility so important? For starters, the market is more stable and investors’ â€Å"animal spirits† are kept in check. People are more optimistic about employment and economic growth. Low inflation helps keep economic and business forecasting less volatile. â€Å"Lower volatility of inflation improves market functioning, makes economic planning easier, and reduces the resources devoted to hedging inflation risks† (Bernanke, 145). A stable economy is always the goal for the Fed. In order to have a stableShow MoreRelatedIncrease Household Debt Levels At Australia1002 Words   |  5 Pagesyear, (ABS 2014). This significant rise in debt taken on by Australian households can be attributed to favourable macroeconomic conditions and historically low rates of interest and inflation, (Meng, Hoang Siriwardana 2013). Favourable macroeconomic conditions: Prior to the Global Financial Crisis Australia experienced strong economic growth, low levels of unemployment and strong growth in both the housing and share market. This was due to the mining boom and strong demand for Australia’s commodityRead MoreMonetary Policy of Bangladesh1674 Words   |  7 PagesMonetary Police Monetary policy is the term used by economists to describe ways of managing the supply of money in an economy. Monetary Policy is the management of money supply and interest rates by central bank to influence prices and employment for  achieving the objectives of general economic policy. Monetary policy works through expansion or contraction of investment and consumption expenditure. According to Paul Einzig â€Å"Monetary policy includes all monetary decisions and measures irrespectiveRead MoreA New Production Facility At Chine For Apple Essay2072 Words   |  9 Pagesdiscuss how the U.S. economy will impact the aggressive growth plan to move a production facility to China. Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five year.s The United States economy is the biggest in the world, even though the United States has faced different difficulties with its economy, one of which is the worldwide money-related crisis. Even with the crisis, the United States economy represents nearlyRead MoreInternational Finance Corporations Emerging Countries1923 Words   |  8 Pagesmarkets such as Goetz man and Jorion 1999 have long histories. It is claimed that the market capitalization of Argentina was greater than that of UK. It has also been stated that for most part of the history, a superpower and influential country like the US was an emerging market once. Recession was struck in 1840s in Mississippi, Pennsylvania, Indiana, Arkansas and Michigan where these states had defaulted in their debt. Latin American countries had also faced debt issues during 1825(Chernow 1990). HenceRead MoreGovernments Role in an Interconnected Global Financial Market3014 Words   |  13 Pageshave known for some time. 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Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include: • The expansion of new markets Ââ€" foreign exchange and capital markets are linked globallyRead MoreEssay on Globalisation and the Australian Economy2545 Words   |  11 Pages The Impact of Globalisation on the Australian Economy Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include: †¢nbsp;nbsp;nbsp;nbsp;nbsp;The expansion of new markets – foreign exchange and capital

Friday, December 20, 2019

Emma An Analysis of Mrs. Elton Essays - 686 Words

Miss Augusta Hawkins, who becomes Mrs. Elton in Jane Austens Emma, is an interesting character, in that she is unquestionably the most distinct persona in the novel. The fact that she is a new member in Highbury is not an issue for her because she wastes no time in trying to solve other peoples personal problems and making their lives her business. In doing so, Jane Austen has created a character that the reader loves to hate. Augusta Hawkins is constructed so that the reader is torn between completely despising and loving her when she is in the scene due to the spiteful comments she makes and the social lives that she `improves. Much of the dislike that the reader has towards Augusta is due to the fact that we are seeing her as†¦show more content†¦Augusta is initially illustrated as handsome, elegant, highly accomplished, and perfectly amiable (Austen, 185). Later on she is also described as charming and having perfect beauty and merit. In addition she is quite wealthy; this is relevant because the major issues in Emma are class and status. Augusta believes that money alone equals class, nevertheless her money gives her no strong class associations. Her father is a tradesman from Bristol, and her one pride is the fact that her sister is married to a very wealthy man, again showing the stress Augusta puts on having money. Augusta over exaggerates her own social position. Had it not been for her m arriage to Mr. Elton and social climb following, she would not be associating with the elite of Highbury. Mrs. Elton becomes comfortable in Highbury almost instantly. She not only begins attempting to better or fix peoples lives, but also she oversteps a social barrier in Emmas eyes by calling Mr. Knightley simply `Knightley. Jane Fairfax becomes Augustas first assignment - he pities her situation and makes it her mission to place her with a good quality family to become a governess. Jane is justifiably offended by Mrs. Eltons persistence of this offer, for she feels that to become a governess is more a sale of ones self than ones services: I am very serious in not wishing anything to be attempted at present for me (Austen, 272). Augusta persistently pushes Jane even after she declines interest. Mrs.Show MoreRelatedJane Austens Approach to the Character Emma in Pride and Prejudice1638 Words   |  7 PagesJane Austens Approach to the Character Emma in Pride and Prejudice Handsome, clever and rich are the complimentary words Jane Austen lavishes upon Emma; accurate as they may be, they paint a picture contrary to the Emma portrayed during the first half of the novel. Set against the nineteenth century patriarchal society, structured by the privileges and constraints of money and status, both of which she acquires, a complex mental journey faces her. The journey, howeverRead MoreEssay Emma: The Character2155 Words   |  9 PagesEmma Woodhouse, who begins the novel handsome, clever, and rich, with a comfortable home and a happy disposition (Austen 1), suffers from a dangerous propensity to play matchmaker, diving into other’s lives, for what she believes is their own good. Despite this, she is a sympathetic character. Her matchmaking leads only to near-disasters and her expressions of remorse following these mistakes are sincere and resolute. Jane Austens Emma concerns the social milieu of a sympathetic, but flawed youngRead MoreLiterary Analysis Of Emma By Jane Austen1648 Words   |  7 PagesRachel :)))) Mrs. Keyes AP Literature 12 8 December 2015 A Literary Analysis of Emma by Jane Austen In Jane Austen’s novel, Emma, protagonist Emma avoids her own transformation by her attempts to transform others. However, Emma experiences her coming-of-age through the stable characters of those around her. Austen reveals how self-transformation is necessary in maturing and establishing self-awareness. Emma Woodhouse possesses qualities that many would envy: beauty, intelligence, wealthRead MoreJane Austen s All About Jane1442 Words   |  6 Pagesand one sister, her mother, Cassandra Leigh Austen, and her father, George Austen, at the rectory at Steventon in Hampshire, England. George Austen contributed to the middle class ranking of the family, working as a clergyman at Steventon. Although Mr. Austen was born into a family of a low rank, specialized in trade, he experienced a rise in social class after being educated at Oxford and given the position of clergyman by a rich relative. Jane’s mother, Cassandra, was of a higher social rankingRead MoreEssay on The Character of Frank Churchill2047 Words   |  9 Pages24 and 25 Write an Analysis of the Character of Frank Churchill Frank Churchill is one of the dominant characters in Jane Austen’s ‘Emma’ despite the fact that he is not fully introduced until chapter twenty-three. Each of the characters in ‘Emma’ play a role in delivering Austen’s personal comments on the society of that time. Mr Knightley, for example, often reflects Austen’s views of Emma’s behaviour and expresses her own opinions on social issues and through Emma she portrays the viewsRead MoreMr Benett and the Failures of Fatherhood8365 Words   |  34 PagesMr. Bennet and the Failures of Fatherhood in Jane Austens Novels Author(s): Mary A. Burgan Reviewed work(s): Source: The Journal of English and Germanic Philology, Vol. 74, No. 4 (Oct., 1975), pp. 536552 Published by: University of Illinois Press Stable URL: http://www.jstor.org/stable/27707956 . Accessed: 29/08/2012 00:55 Your use of the JSTOR archive indicates your acceptance of the Terms Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR isRead MoreThe Rise of the Novels in the Eighteenth Century4179 Words   |  17 PagesMasters: Between 1740 and 1800 hundreds of novels of all kinds were written. However, the real masters of the novel in the eighteenth century were four-Richardson, Fielding, Smollett, and Sterne. The rest of them are extremely inferior to them. Oliver Elton maintains: The work of the four masters stands high, but the foothills are low. The case was different in, say, the mid-nineteenth century when so many equally great novelists were at work. Fielding was the greatest of the foursome. Sir Edmund Gosse

Thursday, December 12, 2019

Childrens books Essay Example For Students

Childrens books Essay Of course, and also Joy (1970), she stated that books for adults are serious in intent whiles books for children are designed to amuse. But she also believed that idea is only an assumption and nothing more. In the Public world, there are many serious stories for adults and truckloads of childrens stories intended only for pleasure, but the reverse is just as true. There is no clear boundary between the childrens books and the adults readings. Some people think that the childrens stories always end with a happy ending, and there is no sad thing in the context. The assumption is wrong, and lack of evidences. There is really no difference where emotional themes are concerned. In childrens books, we can find love, hates, and others emotions as well. Same things we can get in the adults literatures. The only difference is how the author describes the theme and delivers the theme to the readers. Most of the word usages in childrens literature are straight forward, and without a lot of hidden messages. Therefore, the young readers dont have to guess what the passages mean. When the authors prepare to write the books for children, they usually have a theme or a message to deliver to the readers. The theme is to educate the students and develop their critical reading skills in the future. Jay William, a childrens book writer, also stated in his article, looking for pattern, They (childrens books) are dreams, the images of possibility, the endless stories we all tell to ourselves. Unlike the adult-book writers, the childrens books writers mostly have warm hearts, which are easily to open to people, and listen to people. They use the greater simplicity tones to connect with the young readers, and the special effort to avoid abstractions. For these authors to write a childrens book, they need to put themselves in a position as children. The task for these authors who write the childrens books is not only to make money, but also to educate and teach the next generations. They have an important responsibility. From Jay Williams article, looking for pattern, he stated that, When I write for children, it is for the child I once was, along with a few children I know now. I cannot write for a vague, faceless audience- the audience to which a hack address himself- I can only speak to real audience. The Arnold Lobel Book of Mother Goose illustrated by Arnold Lobel. Arnold Lobel was considered to be one of the most important childrens author/illustrator of the 20th century. I believed that this book must accompany many childrens hearts when they were little. From my belief, a good childrens book should last for great period of time, just like The Arnold Lobel Book of Mother Goose. It is everyones bed time stories when going to bed. It might be the first book your mom or dad read to you. This book must contain a lot of memories for many adults and children. That is a good childrens book all about. Some movie companies even produced the movies which are from the famous childrens books. Recently we have Harry Potter series, the Cat in the Hat, and all other Disneys fairy tales movies in the market. All these movies not only attract the young audiences, but also attract all ages of people. Thats because the stories are touching and meaningful to people. Everyone can accept the stories. For in the long run it is children themselves who decide what they want. For every book is a message, and if children happen to receive and like it, they will appropriate it to themselves no matter what the author may say not what label he gives himself. .u42aa4dc6515361d3c3583e3cdce4ed74 , .u42aa4dc6515361d3c3583e3cdce4ed74 .postImageUrl , .u42aa4dc6515361d3c3583e3cdce4ed74 .centered-text-area { min-height: 80px; position: relative; } .u42aa4dc6515361d3c3583e3cdce4ed74 , .u42aa4dc6515361d3c3583e3cdce4ed74:hover , .u42aa4dc6515361d3c3583e3cdce4ed74:visited , .u42aa4dc6515361d3c3583e3cdce4ed74:active { border:0!important; } .u42aa4dc6515361d3c3583e3cdce4ed74 .clearfix:after { content: ""; display: table; clear: both; } .u42aa4dc6515361d3c3583e3cdce4ed74 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u42aa4dc6515361d3c3583e3cdce4ed74:active , .u42aa4dc6515361d3c3583e3cdce4ed74:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u42aa4dc6515361d3c3583e3cdce4ed74 .centered-text-area { width: 100%; position: relative ; } .u42aa4dc6515361d3c3583e3cdce4ed74 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u42aa4dc6515361d3c3583e3cdce4ed74 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u42aa4dc6515361d3c3583e3cdce4ed74 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u42aa4dc6515361d3c3583e3cdce4ed74:hover .ctaButton { background-color: #34495E!important; } .u42aa4dc6515361d3c3583e3cdce4ed74 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u42aa4dc6515361d3c3583e3cdce4ed74 .u42aa4dc6515361d3c3583e3cdce4ed74-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u42aa4dc6515361d3c3583e3cdce4ed74:after { content: ""; display: block; clear: both; } READ: Dickens continues EssayI believe that a good children book should be suitable for all ages of readers. No matter how old the readers are, they should all enjoy the books as anyone else. Pamela Travers also thought that grownups are a very important part of childrens literature. Because when the grownups choose the books for the children to read, they should also know the details of the books, and what is the theme for the books. Books are so important to influence the children, and a good childrens book is hard to identify. Childrens books are not only the colorful pictures which to entertain the childrens hearts, but also contain meaning passages to educate childrens souls. 1. Turner, S (1989) Bad books for children- What are they? Emergency Liberian, 15-18 2. McNeill, J (1972) When the magic has to stop. The Horn Book Magazine. 35-40 3. Tunis, J. R. (1986). What is a juvenile book? The Horn Book Magazine, 22-26 4. Babbitt, N. (1970). Happy ending? Of course, and also joy. The New York Times Book Reviews (Part 2), 1-50 5. Williams, J. (1980). Looking for Pattern. The Signal approach to childrens books. 13-22.

Wednesday, December 4, 2019

My views on Civil Disobedience Essay Example For Students

My views on Civil Disobedience Essay Henry David Thoreau takes his views of government and expresses them through this essay. He starts off by saying I heartily accept the motto, That government is best which governs least' I disagree with this quote, although, too much power to the government is never a good thing either. With no government people are free to do what they want, and there would be no direct way to communicate with foreign nations. Thoreau says it will work when people are prepared for it, but its not in human nature to be that good willed. Every person has faults and will eventually get the urge to steal something, or hurt somebody. Henry David Thoreau then goes on to talk about how the government can do what they want. He uses the Mexican war as an example, and says that most people would not agree with their decision. Governments show thus how successfully men can be imposed on. I disagree with this quote also because I feel it is one-sided. The American government is a democracy and the people have a great say in what happens. The way Thoreau describes it makes it sound like a dictatorship, where the people have no say, and no rights. He constantly says that the government is expedient. Thoreau thinks that the government does what they want and it is in the best interest for themselves. This is not true because almost everything that may benefit the government, benefits the rest of the nation as well. they would deserve to be classed and punished with those mischievous persons who put obstructions on the railroads. Thoreau thinks the government has done so much wrong that they should be punished the way actual criminals are punished. To me, this seems a little bit harsh because the government never intentionally hurt anybody. .