Essay Feminism and Jane Austens Emma - 1151 Words

In eighteenth century which feminist in social status was not popular by that time, author can only through literature to express her thought and discontented about society. Jane Austen’s Emma advocates a concept about the equality of men and women. Also satirizes women would depend on marriage in exchange to make a living or money in that era. By the effect of society bourgeois, Emma has little self-arrogant. She is a middle class that everyone could admire, â€Å"Young, pretty, rich and clever†, she has whatever she needs. She disdains to have friends with lower levels. However, she is soon reach satisfaction with matchmaking for her friend. Story characterizes a distorted society images and the superiority of higher class status. It†¦show more content†¦Although Highbury was just a small population town, the particular social structure was reflecting this type of class structure about Britain. For instance, the love amongst Robert Martin and Harriet was no t acceptable in Emma’s eyes. Robert Martin was a successful respectable farmer; Harriet is a friend of Emma and illegitimate of a tradesman nevertheless she received well cared and properly educated. So Emma couldn’t agree while Mr. Martin proposed marriage to Harriet, subsequently Emma Convinced Harriet to Refused to associate with Robert Martin. And try to match Harriet and Mr. Elton who was considered as higher rank of society status, young priest with record of great educating. In Emma describe of Mr. Martin â€Å"he may be the richest of the two, but he is undoubtedly her inferior as to rank in society.†(Emma, Chapter7, and p.33) it is clear that time, marriage most depended on and compromised with the values of their social status. The Fear of Marriage and Feminism Jane Austen’s ideas differed with the patriarchal system of her times. She elicited feminist concepts to contradict of the patriarchal structure; Emma’s first determined not to marry. When Harriet once asked why Emma never thought about marriage, she replied that most women were married because of insufficiently social ranking or money. She certainly had all of these privileges, so she won’tShow MoreRelatedJane Austen and Her Feminism1158 Words   |  5 PagesJane Austen and Her Feminism ---analyzing of feminism revealed in Pride and Prejudice Introduction It is universally acknowledged that Jane Austen was a major woman novelist in English; but it is also a truth that almost as universally ignored that Jane Austen was a feminist. By intensively reading her six novels (Sense and Sensibility, Pride and Prejudice, Northanger Abbey, Mansfield Park, Emma and Persuasion) and studying feminism, I have found some significant and fresh thingsRead MoreEssay about Feminism in Jane Austen1034 Words   |  5 Pages Feminism in Jane Austen quot;I often wonder how you can find time for what you do, in addition to the care of the house; and how good Mrs. West could have written such books and collected so many hard works, with all her family cares, is still more a matter of astonishment! Composition seems to me impossible with a head full of joints of mutton and doses of rhubarb.quot; -- Jane Austen, letter of September 8 1816 to Cassandra quot;I will only add in justice to men, that though to the largerRead More Patriarchy in Jane Austens Sense and Sensibility Essay1535 Words   |  7 PagesPatriarchy in Jane Austens Sense and Sensibility Despite the fact that Jane Austen has become what Julian North describes as a â€Å"conservative icon in popular culture† signified by her depictions of â€Å"traditional class and gender hierarchies, sexual propriety and Christian values,† the novel _Sense and Sensibility_ provides, if not a feminist perspective, a feminist discourse lacking in Emma Thompson’s film version (North 38). In this essay, I attempt to argue briefly that the novel, which initiallyRead MoreFeminism, By Jane Austen1314 Words   |  6 Pagesnovel, Emma, Austen presents a view of feminism that, at this point in time is quite outstanding for her to do. Men were the dominant gender and in England women remained submissive to the men at all times. Women had specific roles in the household and in society. When the girls are young, they are expected to obey their fathers until they are grown and passed off to a husband so they are financially supported at all times during their life. Emma i s a story about the everyday life of Emma WoodhouseRead MoreFeminist Undertones in Pride and Prejudice2078 Words   |  9 PagesFEMINIST UNDERTONES IN ‘PRIDE AND PREJUDICE’ Introduction Jane Austen authored the novel ‘Pride and Prejudice’ in 1813, a period in the social history of England that saw most women as best equipped for the private and domestic realm. An ideal woman was the picture of chastity, innocence and compliancy. Even women authors in this period were expected to adhere to genres that were considered to be solely their domain- the refined arts, householdRead MoreJane Austen s Emma And Amy Heckerling s Clueless Essay1574 Words   |  7 PagesThough written over two centuries apart, the protagonists in Jane Austen’s Emma and Amy Heckerling’s Clueless, are very much alike. They are strong female characters of a certain social standing, that are expected to abide by a particular set of rules and adhere to societal norms. Unlike most young women, Austen’s Emma and Heckerling’s Cher are able to disregard social expectations ¬ — like Emma’s idea of marriage, and Cher’s idea of sex — si mply because they are privileged and socially stable enoughRead MoreThe Importance Of Romanticism1046 Words   |  5 Pageseducation needed to be perceived as in contrast to what it was believed to be. After the large uproar that A Vindication of the Rights of Woman created, Wollstonecraft’s writing inspired many other female writers to join the fray. Alongside Wollstonecraft, Jane Austen was another monumental figure in the women’s rights movement. Austen addressed issues with women’s education, but she did so in a more subtle way than other authors of her time. Rather than pointing out issues head on, Austen created storiesRead MoreNorthanger Abbey and the Bildungsroman1694 Words   |  7 PagesThe Female Bildungsroman Like other Jane Austen novels, such as Emma or Pride and Prejudice, Northanger Abbeys primary trajectory is the development of the main female character. Even though Catherine Morland is not a typical female Bildungsroman, her realizations in who she is and who she is becoming are very evident throughout the novel. Websters Dictionary defines the Bildungsroman as a novel which traces the spiritual, moral, psychological, or social development and growth of the mainRead MoreRomanticism : The Era Of Romanticism1810 Words   |  8 Pageseducation needed to be perceived as in contrast to what it was believed to be. After the large uproar that A Vindication of the Rights of Woman created, Wollstonecraft’s writing inspired many other female writers to join the fray. Alongside Wollstonecraft, Jane Austen was another monumental figure in the women’s rights movement. Austen addressed issues with women’s education, but she did so in a more subtle way than other authors of her time. Rather than pointing out issues head on, Austen created storiesRead More Blanche DuBois: The Antithesis of a Modern Woman Essay4496 Words   |  18 Pagesmentally unstable to fully deal with the events that occurred in her life. This clearly illustrates that Blanche is not a modern woman, but a mere victim of unfortunate and tragic events. Jane Austen was not a feminist herself, but many contemporary feminists consider her to be the forerunner of feminism. Although Jane Austen lived a rather sheltered life, she wrote from the narrowness of life that was imposed upon her. Her novels centered around the problems that young women faced in society and the

The Prevalence Of Obesity And Obesity - 1196 Words

The prevalence of obesity has increased significantly in populations worldwide. The World Health Organization (WHO) (2015) estimated that 400 million adults were considered obese worldwide and is projected to double by the year 2015. Traditionally, obesity is associated with high caloric intake and lower levels of physical activity in high income Western countries. However, low and middle income countries are increasingly becoming obese and becoming a major public health concern in regards to quality of life and life expectancy (WHO, 2015). Many serious health conditions in the developed world are associated with obesity, including stroke, coronary heart disease, type 2 diabetes mellitus, hypertension, certain cancers, and cardiovascular†¦show more content†¦Stress and illness diffe by ethnicity/race as differences in exposure to social and environmental stressors, culture strategies for coping with stress, biological vulnerability to stress, and perception of stress as an i llness are all plausible biological components of obesity, although not fully understood (Caprio et al., 2008). Genetic Factors Ethnicity and race may have underlying genetic components that may be associated with the development of obesity as various regions of the human genome suggest harboring genes increase the risk of obesity (Akabas, Lederman, Moore, 2012). Additionally, metabolic comorbidities in obesity may be related to different patterns of fat distribution. For example, African Americans have less visceral and hepatic fat than white and Hispanic individuals (Akabas, Lederman, Moore, 2012; Caprio et al., 2008). Racial and ethnic differences in metabolic rate have found that differences in fat free mass or organ mass have been shown not to contribute to weight gain among certain populations (Caprio et al., 2008). Also, differences in insulin secretion and responses are different among ethnic and racial groups. Hispanic and African Americans have shown to have lower insulin sensitivity compared to Caucasians (Akabas, Lederman, Moore, 2012; Caprio et al., 2008). However, African Americans have higher circulating insulin levels than

Theory of Cognitive Development and Children Free Essays

Discuss the concept of ‘constructivism’ (from Piaget’s theory of cognitive development). Use a mix of theory and research to back up your ideas about whether or not the child constructs his/her own development. The understanding of how children comprehend the world around them has been a highly researched part of cognitive development in Psychology. We will write a custom essay sample on Theory of Cognitive Development and Children or any similar topic only for you Order Now Jean Piaget was one of the first researchers to develop a theory suggesting that children understand the world around them by actively seeking information from their environment, and continuously expanding their knowledge by organizing, adapting and assimilating this information Berlin, (1992). Piaget’s theory known as constructivism theory, has undergone a high level of scrutiny, centring on the understanding of children’s cognitive abilities, and neglecting the intelligence of assistance. Through analysing current research this paper aims to explore Piaget’s constructivism theory. Children’s development has been a topic of interest since the 1920’s, following the creation of an intelligence test developed by Piaget and his colleagues where Piaget discovered that younger children made systematic mistakes from those of older age, consequently proposing that children change qualitatively with age, Bremner et al. (2012). Studying his own children Piaget formed the constructivism theory arguing that children built their knowledge through organization (children organize their information in schemas, assimilation (using pre-existing information) and adaptation and accommodation (adapting to the condition of the environment), by searching for in formation from their environment to expand their understanding of the world, Beilin, H. (1992). Piaget proposed children take an active role in their cognitive development, and independently construct the world around them. He proposed that children face different problems as they move through the stages, and it is the solving of these problems that teach them and assist them in learning and developing their thinking. The knowledge they receive from solving these actions are not imitated or innate, instead are ‘actively constructed’ by the child. In this sense, Piaget suggests that thought is obtained from action, when actions are internalised, ones thinking increases. The child is influenced by their previous ideas and new experiences, and based on this they construct new ideas. Piaget suggested that cognitive structuring, actions representing specific ‘acts’ of intelligence, is developed and linked to stages of child development. Piaget proposed children undergo four developmental stages where cognitive structuring occurs. These stages are sensorimotor stage (from birth to two years of age), preoperational stage (from three to seven years of age), concrete operations stage (from eight to eleven years of age), and formal operational stage (from twelve years of age until adulthood) Piaget, J. Inhelder, B. (1969). In the first stage, sensorimotor which Piaget divided into six sub-stages, intelligence is demonstrated through basic motor skills such as sucking to experimenting with external objects by using schemas in order to reach their goal. ). Piaget suggested that until the age of seven months (during their third sub-stage of sensory motor stage), infants do not understand that the world consists of permanent objects. He argues that if at this stage you hide an object in front of the infant they show disappointment or simply stop looking for the object as if the object disappeared. Not until infant reaches eight months (the fourth sub-stage of sensory motor stage), does the child start to look for hidden objects, which shows that at this stage infants start to understand object permanence, Piaget, J. Inhelder, B. (1969). One of Piaget’s studies that received a great deal of attention is the A-not-B error study, which he explains that if an object is hidden in front of an infant (location A); at around eight months of age they would reach toward the hidden object. However if the object is moved to a different location (location B) infants until twelve months of age would still reach for the first location. The failure to reach the correct location Piaget explains as egocentrism clamming that at this stage children fail to see the situation in a different point of view thinking that because the object was placed in the first location that that object would permanently be there, Piaget, J. Inhelder, B. (1969). Testing Piaget’s A-not-B theory Kaufman and Needham (1999) tested 40 six and a half month infants. Using habituation technique they concluded that infants looked longer when the objects were moved. Contrary to Piaget’s findings, they suggested that infant special orientation development happens at much earlier age, arguing that Piaget underestimated infant ability. The second and third stage Piaget proposed are the preoperational and concrete stage at this stage children understand object permanence (that objects continue to exist even though they cannot ee them) , spatial layouts and also the use of language for problem solving starts during the preoperational stage through constructing existing information and eventually expanding this information. However until the age of seven children still see the world from their egocentric view (i. e. refusing to see the world from a different point of view). At the concrete stage children are able to solve visual problems such as lining in order dolls from the tallest to the shortest, however they are not able to solve mental probl ems, Piaget, J. Inhelder, B. 1969). The fourth and last stage that Piaget proposed is the formal stage. At this stage Piaget argues that children can think abstractly, consider possibilities and formulate hypothesis. Piaget’s formal operational stage has been criticised by researchers such as Kuhn et al. ,(1982) who discovered that although constructing knowledge seems to be sufficient for the sensory-motor and preoperational stage, it does not seem to be the same case with the concrete and formal operational stage since not all adults show formal operational thought. There have been numerous studies conducted which provide support for constructivism theory. Guthrie et al (2004) compared different instructional methods for student’s reading skills, these methods included a strategies instruction approach, and an approach combining strategies instruction and constructivist motivation techniques, such as incorporating student choices, collaboration, and hands-on activities. The constructivist approach, called CORI (Concept-Oriented Reading Instruction) produced a high student reading comprehension, motivation, and cognitive strategies (Guthrie et al, 2004). Similarly Jong Suk Kim (Kim, 2005) found that when students were taught using constructivist-teaching methods, they achieved higher levels in academia compared to using traditional teaching methods. Students also voiced preferring constructivist methods over traditional ones. However, one of the biggest criticisms of Piaget’s theory has been the ignorance of social and cultural influences on child development. Contrary to Piaget, who believed that allowing children to experiment and express their own ideas enabled their constructive processes to develop knowledge, Vygotsky’s (1962) sociocultural theory proposed that learning and development are derived collaboratively from socialisation and education. He argued that simple knowledge such as perception and attention are mental abilities are innate, and although children actively developed their thought rocesses through the environment, they could also, with assistance from others, reach a higher level/stage of cognitive development than the stage they are at when they perform alone. Vygotsky named this ‘the zone of proximal development’, â€Å"†¦the distance between the actual development of a child as determined by the independent problem solving, and the level of potentia l development as determined through problem solving under adult guidance or in collaboration with more peers Vygotsky (1978)† Vygotsky’s (1978, p. 56). Therefore, although his theory is similar to Piaget in that he believes cognitive development is restricted to a limited range at a certain age, he believes that with the aid of social interaction, for instance the help of a mentor, an individual/child can understand concepts and schemas that they would be unable to comprehend alone. In this sense it questions the extent to which children construct their own environment and developments as children’s knowledge may develop at a much faster rate through interaction and guidance of more experienced peers , such as older siblings, parent or teachers, Gauvain and Cole (1997). Evidence supporting Vygotksy can be seen in a study by Gauvain et al. , (1997). He found that if you test a group of nine year old pupils with a number of problem solving skills (at Piaget’s concrete operational stage) and test a group of twelve year old pupils (at Piaget’s formal operational stage), and not assist them, they would show the same level of intelligence, concluding that knowledge is not simply constructed through experience but also through techniques taught by others. Similarly, Mayer (2004) proposed that â€Å"a recent replication is research showing that students learn to become better at solving mathematics problems when they study worked-out examples rather than when they solely engage in hands-on problem, Mayer (2004, p. 18) Conclusion Piaget’s four-stage knowledge development theory is highly researched criteria within developmental Psychology. The use of constructing previously learnt information into new information through experience seems to be more effective at an early age. His theory seems to underestimate the children’s ability and knowledge; however it overestimates adolescence ability. It also is unarguable that constructivism theory fails to acknowledge the social effects that have been shown to play a crucial part in knowledge development. However it is not to say that Piaget’s constructivism theory should be discarded altogether, since Piaget was the pioneer in introducing clinical methods to explore children’s thoughts. This remains the fundamental theory used in child development research. Moreover, as mentioned above, Piaget’s constructivism theory is highly used in schools, guiding teachers in how to enable children to explore their own environment through expression and experimentation. In conclusion, knowledge development could be acquired through both construction of ones own experiences, and the help of more experienced peers. References 1. Beilin, H. (1992). Piaget’s enduring contribution to developmental psychology. Developmental Psychology, 28, 191-204. 2. Bremner A. et al. , (1986). Developmental Psychology. Developmental Psychology. 3. Bodner, Gg. M. (1986). Constructivism a theory of knowledge. Journal of Chemical Education, 63, 873-878. 4. Gauvain M. and Cole. M. (1997). Readings on the development of children. W. H. Freeman and Company. New York. 5. Guthrie et al. , (2004) Increasing reading comprehension and engagement through concept oriented reading instructions. Journal of educational psychology, 96 (3), 403-423. 6. Kaufman, J. and Needham, A. (1999) Objective spatial coding in 6. 5-month-old infants in a visual dishabituation task. Developmental science, 2(4), 432-441. 7. Kuhn et al. , (1982), Systematic and metasystematic reasoning:A case for levels of reasoning beyond Piaget’s stage of formal operations. Developmental psychology, 53, 1058-1069. 8. Kim J. S. (2005). The effect of constructivist teaching approach on student’s academic achievements, self- concept and learning strategies. Asia pacific and education review, 6 (1) 7-19. 9. Mayer (2004). Should there be a three-strikes rule against pure discovery learning? American Psychologist, 59 (1) 14-19. 10. Piaget, J. Inhelder, B. (1969). The Psychology of the Child. NY: Basic Books. 11. Vygotsky L. S. (1962). Thought and Language. Massachusetts: The M. I. T. Press. 12. Vygotsky L. S. (1978). Interaction between learning and development. Mind and society, Cambridge: Harvard university press. How to cite Theory of Cognitive Development and Children, Papers

Engineering Women and Leadership

Question: Discuss about the Engineering for Women and Leadership. Answer: Introduction: The discourse on whether leaders are born or made seeks to discover whether leadership qualities can be learned or they are innate. One side of this debate is the thought that people are born with certain leadership attributes, and those who are not born with these attributes cannot become successful leaders, while the other side strongly suggests that leadership skills develop over time as a result of learned leadership methods and life experience. I do not agree with them because most successful leaders spent a lot of time studying leaders and leadership, there is no evidence one's DNA can influence leadership, leaders have unique leadership styles and personalities, and excellence is a result of hard work. Many outstanding leaders throughout history spent a lot of time researching on leadership. Warren Bennis, an author of more than 30 books and a key adviser to at least four presidents of the United States, did not only spend much of his time studying leaders and leadership but also on the faculties of Harvard and Boston University. After doing all these things, he came to a conclusion that the concept that leaders are born is the most dangerous leadership myth. This myth, according to him, is deadly because it implies that people are either born with certain charismatic qualities or not. He also holds that if the basic desire to learn the major capacities and competencies of leadership; anyone can learn them and emerge as a great leader. Warrens example offers one of the best illustrations that leaders are made through focused effort, hard work, and daily action (Bennis 2011; Ihlenfeldt 2011). While proponents of the myth of leaders are born consider that there are some genetic qualities that one must have to become a leader, it is clear that these qualities are not the main determinants of leadership abilities. These qualities can also help to speed up leadership development. However, there is no empirical evidence that leadership is determined by an individuals DNA. Research has established that gender plays very limited roles in explaining the difference in leadership abilities. Certain studies have pointed out that women are slightly more effective leaders than men. Some other findings have also disputed this study by citing that it appears to be the result of many leaders applying higher standards when appointing women in leadership positions (Zoli 2008). In addition, there are many different types of leaders. Because of this, there are just very limited characteristics that one can rely on to predict leadership potential. People who are social, curious, ambitious, and flexible have a high possibility of becoming leaders. However, research has also shown the IQ contributes less than five percent chance that one would become a leader. Leadership behavior is a combination of both environmental and genetic factors. This increases the chances of some people rising to leadership positions. While this is a possibility, research indicates that in between 30 percent and 60 percent of the cases, leadership behaviors are developed over time. When leaders are interviewed, they tell stories of their personal struggles and many other things that they had to endure while learning to lead and these disparities are responsible for the emergence of many types of leaders (Judge n.d.). Many of those who hold that leaders are born also think that leadership is a product of charismatic personality. While this attribute is essential to the success of most leaders, the success of leaders is significantly more than outgoing personality and smooth talk. Leaders throughout history have exhibited unique leadership styles and personality. By reflecting on the personality and leadership styles of leaders such as Martin Luther King Jr., Bill Gates, Warren Buffet, Steve Jobs, Winston Churchill, and Abraham Lincoln, one notes that the personality and styles of each of these leaders were unique. It becomes clear that their leadership was a natural extension their unique experiences, their life story, and their clear purpose. One thing that becomes very clear after reviewing their styles is that leaders are self-made. They are hardly a product of their genetics. This shows that a leader is a reflection of who they are and the change that they anticipate to make in the world. To b e an effective leader, for that matter, one must understand who they are (Ambler, et al. 2012; Ambler 2016). Leaders are also made because no one can lead without demonstrating their leadership abilities to their followers. Research has shown that excellence is a product of deliberate practice. This finding shows that most people have the ability to become great leaders. All they need to do is take deliberate efforts to unlock their leadership potential. One needs to step out of their comfort zone, take risks, work hard, and stretch them (Anders et al. 2014; Bucciarelli 1997). In conclusion, the concept that leaders are born is a destructive leadership myth. People who hold that leadership is a product of their genetics are significantly less likely to take any important initiative, learn from their mistakes, and commit to any of their personal goals. This fact demonstrates that the real leadership issues are that many people have not taken their time to understand their purpose and vision for their world, are not willing to pay the price required to become leaders, and are not committed to learning how to express their unique leadership abilities. Leadership is not something that anyone is born with, one cannot inherit it, and it is not the result of ones DNA. Anyone can be a leader when they connect their purpose on earth and outstanding strengths with a burning desire to make some difference in the world. Therefore, instead of wanting to know whether leaders are born or made, we should be asking what contributions we want to make in this world to make i t a better place than we found it. References Ambler, G., Says, K. H., Says, G. A. (2012, July 29), Home. Accessed March 16, 2017, from https://www.georgeambler.com/how-experiences-shape-and-make-leaders/ Ambler, G. (2016, April 15). Home, Accessed March 16, 2017, from https://www.georgeambler.com/successful-leaders-know/ Anders EricssonMichael J. PrietulaEdward T Cokely, 2014, July 31, the Making of an Expert. Retrieved March 16, 2017, from https://hbr.org/2007/07/the-making-of-an-expert Bennis, W. G, 2011, Leadership: helping others to succeed, Insight Pub. Co., Sevierville, TN. Bucciarelli, J, 1997, Leaders are made!: a building block approach to effective leadership, Blue Note Books, Cape Canaveral, FL. Ihlenfeldt, W. A, 2011, Visionary leadership: a proven pathway to visionary change, AuthorHouse, Bloomington, IN. Judge, T., n.d., Intelligence and Leadership: A Quantitative Review and Test of Theoretical Propositions, Accessed March 16, 2017, from https://www.timothy-judge.com/Leader%20IQ--JAP%20published.pdf Zoli, C, 2008, Engineering: women and leadership, San Rafael: Morgan Claypool.

Lake Essays - Flavored Fortified Wines, Fortified Wine, Pejoratives

ts. They drink ?gin and grape juice, Tango, Thunderbird, and Bali Hai, [sniff] glue, and ether and what somebody [claims] [is] cocaine.?(112) What starts out as a harmless prank on the third night of their summer vacation turns into a situation where they get into a fight, attempt to rape a girl, find a dead body and see first hand the destruction a bad character can do to an automobile. The night they lose their ?badness? is nothing special. After the requisite bad character activities: egging mailboxes and hitchhikers, driving up and down Main Street, eating, drinking, and smoking pot. They decide to go up to the local hangout, *u*Greasy Lake*/u*, to see if anything is going on. They cruise up to the lake with their ?lemon-flavored gin,? requisite pot and the itch for some action. There is no better place, for these three bad characters to hang out - *u*Greasy Lake*/u*, is an important place for bad characters to learn an important lesson. The lake, like the events about to unfold, is ?fetid and murky?mud banks glistened with broken glass [,] strewn with beer cans and the charred remains of bonfires.? (112) There are only two vehicles in the whole parking lot, ?the exoskeleton of some gaunt chrome insect, a chopper leaned against its kickstand.? (113) And a, ?57 Chevy, mint, metallic blue.? (113) No excitement, ?expect some junkie halfwit biker and a car freak pumping his girlfriend.? Whatever they are looking for they are not going to find it up at the lake. All of a sudden, they see a friend?s car. This is all the three need to know; now things will get interesting, maybe it is not a wasted trip after all. They flash the headlights and honk the horn, a harmless prank to pull on a friend, ?for all we [know] we might even catch a glimpse of some little fox?s tit. And then we [could] slap backs with red-faced Tony, roughhouse a little, and go on to new heights of adventure and daring.? (113) In their haste for a little excitement and adventure, they fail to re alize it is not Tony?s car after all, but someone else?s car. This is the second mistake. The first is dropping the car keys in the grass. The owner of the car, a greasy booted character, does not find this childish prank funny. He comes out of the car, with fists flying, feet kicking. He is not about to let these guys get away with this so-called harmless prank. This guy is bad; he takes on all three of the friends, and thoroughly beats them up. Even after this, they still think they are bad. ?[He] [goes] for the tire iron under the car seat.? (114) The narrator still holds onto the idea he is bad, ?[He] [keeps] it there because bad characters always keep tire irons under the driver?s seat, for just such an occasion as this.? (114) Everything the narrator thinks is associated with the image of being bad. The reality is this guy has used the tire iron, not for other fights, but to change a flat tire. As for fighting, this bad character has been in only one other fight in his life ?i n the 6th grade, when a kid with a sleepy eye and two streams of mucous [descending] from his nostrils hit me in the knee with a Louisville slugger.? (114) The situation is taking on a life of it's own, a situation the narrator cannot stop.?[The] antagonist [is] shirtless? he [bends] forward to peel Jeff from his back like a wet over coat?Mother*censored*er, he [spits] over and over, and [the narrator] is aware in that instant that all four [of them] ? Digby, Jeff and [the narrator] included ? [are] chanting mother*censored*er, mother*censored*er as if it were a battle cry.? (114) The adrenaline is pumping, hearts racing; the smell of fear is in the air. They are actors in a play watching from the stage, they are bad. In the heat of the moment; ?[I] [go] at him like a kamikaze, mindless, raging, stung with humiliation ? the whole thing, from the initial boot in the shin to this murderous primal instinct.?

buy custom Networking essay

buy custom Networking essay Prior to the standards defined by the IEEE, it is not possible to connect three different OS machines. But as the instructions given by IEEE 802.1 which is bridging and management, illustrates that Windows, Macintosh and Novell NetWare can be connected with each other in a Cisco Environment for exchange of data and management of the policies. Most of the administration and organizations are using these methods to build their intranet and provide their various offices a single internet service such as World Bank. But the Cisco environment provides a latent security feature, which restricts others to share and use personal information delivered from one machine to another. Various protocols are being used in this system and our administrator is working with several IP address on this. Our computer lab consist 40 computers with 4 servers which is directly managed by our IT Manager. These 40 machines works as servers for our other departments and 4 servers controls and manage these 40 computers. We are using Zap Internet Connection as our internet service provider and acquired a shared DHCP server from them, so we can easily maintain our internet connection and control and monitor our sub computers. We have used Class A and Class C of IP addressing for our different departments. 2 servers manage Class A IP addressing and 2 manage the administration with Class C. These all are connected via the Cisco WLAN connection. After deployment of Cisco WLAN into our organization we have find an easy way to access and monitor our other departments as well as we have managed our intranet with the Cisco Voice over IP (VoIP) connectivity. Our users inform us through their VoIP connection and we assist them in their queries via IPv6 which is latest, innovative and secure in managing and providing internet access to client machines. Buy custom Networking essay

National Identity and Multiculturalism of Canada Research Proposal

National Identity and Multiculturalism of Canada - Research Proposal Example It is impossible to avoid the mixture of cultural views as people foreign to Canada bring along with them their own traditions and beliefs. Also, some Canadians may have the tendency to develop some romantic relationships with non-Canadians that result in the mixing of cultures and races at the same time. Religion is also part of the culture that can get mixed up in the process (Beaman and Bayer). The diverse population greatly contributes to the shaping of Canada as a country. They do not develop their system alone as ethnic groups and migrants also contribute to the development of Canada (Banting and Soroka). The history of Canada will also be explored as it may give answers on how Canada formed its identity the people behind the culture (Bumsted). The sociological and political aspects of integration of immigrants will also be studied in the paper as there could be dilemmas that the integration may bring into the nation (Banting). The questions revolving around the topic would be basic such as who is involved? What is the concept of multiculturalism? What are the concerns in the national identity? How does it take place? What are the impacts on society? Can it be traced back in history? What are the effects on individuals? Multiculturalism exists as the ways of life of various groups of people coexist and in some ways mix with one another (Banting). The people involved in the study are the Canadians, ethnic groups and the migrants as they have a different culture but they coexist and influence each other especially in creating a national identity. It takes place in the country of Canada and as foreigners move to Canada for work, they add up to the population and can bring significant change to the established culture and norms.

Impact of the Golden Exiles on the cities economic growth and Essay

Impact of the Golden Exiles on the cities economic growth and solidarity among its immigrant community - Essay Example The initial group of Cuban self-exiles known as the "Golden Exiles" was responsible for establishing a prosperous and atypical exile community that would to this day exercise considerable influence over all early and subsequent Latin American immigrants living in Miami. . The Cubans who left the island for Miami after the Cuban Revolution of 1959 were on a political mission, they were to form a counter-revolutionary front, however to avoid nationalization of their assets they left with as much money as they could and it is this salvaged wealth that became the capital for businesses set up by Cuban-American entrepreneurs. This group was comprised of many professional who were educated, experienced and held well-established connections. For this they were able to contribute to the economic and social growth of the area in which they settled. Many other Latin Americans who later migrated to the US were also seeking political asylum as was the case with many Nicaraguans who were fleeing the dictatorial Samoza regime during the later years of the 1970s. However, desperate economic circumstances and poor living conditions soon replaced these political issues as the main reason for immigration throughout Latin America. ... y Alex Stepick and Carol Dutton Stepick in the article "Power and Identity: Miami Cubans" is quite poignant and demonstrates one way in which immigrants have been able to come together for a common goal. It is because of this that they have held great political influence and often their votes determine electoral outcomes in the state and senators are quick to offer incentives that would appeal to the group. However, dissent is becoming apparent within the ranks. The "Golden Exiles" and their supporters are adamant in their desire to implement measures that could break the socialist hold on Cuba and have fiercely backed the trade embargo that bans all economic interaction between Cuba and the US. On the other hand, many new immigrants want to open dialogue between the two countries with the hope of improving the economic situation since they still hold many close ties with people in Cuba. While these initial immigrant groups were able to reach and maintain a level of economic prosperity and independence, many other groups seem not to be able to achieve such mobility and opt to form communities such as those prevalent in Latin America cities. They forge solidarity based on more immediate and common concerns such as marginalization and adversity, and the need to preserve their culture. These issues seem to spring mainly from identity confusion because they not American enough to be accepted in the wider society but they are neither sufficiently Hispanic to claim their ancestral country as their own. While this does not allow them access to "white" society, the Latin American immigrant community can show solidarity with other historically marginalized groups such as the African-American groups. Though solidarity exists to a great extent, one cannot ignore the friction

The Interactional View Essay Example | Topics and Well Written Essays - 1250 words

The Interactional View - Essay Example When she revoked the permission, I was so mad at her that I did not talk to her for a month, while I also blamed my father for enabling my mother’s domination over my life. By not talking, it means that I did not communicate with her closely like I used to. The Interactional View helps me understand the impact of family relationships on family communication exchanges and individual behaviors. The Interactional View sees the family as a system of units that influence one another. Indeed, in my situation, my mother’s behavior affected my behavior, while I further connected my behavior to my father’s lack of action on the matter. In the context of a game, the rules are the following: 1) If my mother decides on something, my father implicitly supports it by not questioning her decisions, and 2) Children must obey their parents because they know what is best for the former. These rules do not mean that my father is underneath the power of my mother, but I can see that he wants to avoid conflict with her. The result of the rules of the game in our family is that I lose my agency or control over my life. My parents can change the rules as they wish, but I cannot do anything about it. As a dutiful daughter, I am bound by these rules. I may resent them, but I continue to follow them because I believe in respecting my family’s decisions. Apart from seeing the family as a system governed by the rules of game, The Interactional View asserts the existence of axioms of interpersonal communications. Family homeostasis is central to these axioms because it refers to the unspoken complicity of family members in preserving the status quo. The rules of the game, no matter how dysfunctional, can result to a sense of family homeostasis, though the homeostasis may not be good for the family as a whole or for specific family members. In my case, my parents and I contribute to the family homeostasis because no one directly questions or opposes the rules of the game. I follow my parents’ decisions, even if I do not always agree with them, because saving their face and family values are more important to me than my autonomy. My father also implicitly supports our family homeostasis because he does not conflict with my mother’s decisions. My mother also supports father’s decisions, though when it comes to their children, she is more vocal than my father. The first axiom of The Interactional View states that communication is so constant that to not communicate is a form of communication in itself. Watzlawick explains the concept of symptom strategy, where a person explains the cause of silence as something external, and so verbal communication does not occur. The person makes it look like he/she cannot control his/her silence. One time, my mother asked me why I was not responding to her text messages. I told her that I was busy in the library, which was my symptom strategy. By not saying anything through not answering her text messages, I justified my action through a symptom strategy. In reality, I was mad at her because my best friend and I made numerous plans for the weekend, and I was quite excited to spend two whole days with her. All of those plans

The unemployment problem and possible solutions

The unemployment problem and possible solutions Unemployment is a residual and individual problem which effect on whole economy. By late the 1980s unemployment becomes a big policy and public consensus for the G5 countries (UK, USA, Japan, France and Germany). It continued argue that among the G5 countries the level of UK economy was an economy of Unemployment with all the human and economic waste and inefficiency such as an economy entails. In view of the rapid rise in unemployment that has occurred between 1990 and 1991. But recently the UK has lower unemployment rates than France and Germany. However a number of logical thought trying to explain the policy of unemployment rates and address the solution of Unemployment. Unemployment Unemployment defined as the numbers of people of working age who are able and available for work at current wage rates and who do not have a job. But the unemployment rates in the proportion of unemployed people in the economically active in labour force. Unemployment Rates calculated by: number of unemployed/number of economical active X100.There is two basic ways government can measure the unemployment rates such as The Claimant Count: means the number of people when claiming their unemployment benefit from government on any given period time. Labour Force Surveys: by this survey government count number of employed including number of unemployed people. According to Labour Force survey the graph shows that in 1990 unemployment rates fall at just over 6% where employment rates picked at just under 76%. Currently (source: IMF) UK unemployment rates more than 8% whereas Germany holds well above 10% unemployment rates. Zero Unemployment Rates It is true that the economy unemployment rate could not at zero if an economist full employment because there are two type of unemployment exist in our economy such as: Structural Unemployment: It occurs when consumer demand for the new product. For example when new technological progress has made skills blockage such as computer introduced white collar disappeared. Frictional Unemployment: It occurs when for the particular skill demand for labour and supply for labour are not match or people are not aware for the job opportunity or geographical match of workers ongoing process. Besides those reason unemployment could not zero for some institutional phenomenon such as: Minimum wage law may make it too expensive to hire a extra labour Government employment benefit reduce job interest Government restriction on institution may reduce job arability. Racism or gender discrimination may decrease interest of job. etc However there are numbers of principal schools of thought in macroeconomics offered the cause of unemployment such as Classical Thought Keyness Thought Neo -Classical Thought Monetarism Thought New classical Thought New Keynesian Thought Classical Thought The classical thought assumed that the economy would tend to full equilibrium if left its own. According classical theory, labour market operated demand of labour and supply of labour when balanced by price signals. From the graph shown that there is unemployment exist when excess labour supply (N2) and demand of labour (N3). The classical school of thought explain that if excess labour supply existence in economy, wages would fall(W1 to W*) until the labour market clearing equilibrium is restore, alternatively when excess labour demand existence labour shortage would push up wages and restore the equilibrium(NFull). Says Law is justified the classical view and law said that: supply creates its own demand. That means the economy is in a permanent state of full-employment equilibrium. Because says law guarantees any increase in output of goods and services will sold for sufficient demand and therefore firm will never reduce output or cut the jobs. However, if there is unemployment, market forces should quickly eliminate it and restore equilibrium. But after 1929-33 great depression the whole world economy collapsed in industrial capitalism and the classical school of theory could not explain the established economic wisdom. This depression eventually gave to raise Keynesian thought. Keynesian Thought Keynes his most famous work The General Theory of Employment, Interest and Money (1936) argued that could not settle at Equilibrium and it would not change the labour market situation because of aggregate demand. If aggregate demand fell, output and employment could fall and the economy could become trapped in a less than full-employment equilibrium. The graph shows that when demand for labour fall (D1 to D2) the wage also fall (W to W1) and unemployment would formed (ab). Nevertheless 1970s continuous unemployment and inflection failed the Keynesians demand deficient unemployment and this argument considered as Keynesians two analytical frame works such as the 45 degree model and the Philips curve which is known as a Neo- classical theory. Neo Classical Thought According the neo classical thought the 45 degree demonstrates the Keynesian aggregate demand .It means to using the appropriate fiscal policy if aggregate demand add and reduce the economy fall in inflection pressure. More precisely where output and employment are below their full employment level if government cut tax or higher government expenditure which is increases the aggregate demand. On the other hand where output and employment are at their full employment level if government increase tax or decrease government expenditure in this situation demand- pull inflationary pressures are exists. Therefore the aggregate demand management will maintain the economy at close to full employment equilibrium both unemployment and inflection need be a problem. The graphs show that if aggregate demand fall a positive demand shock occurred at full employment equilibrium position (Ye) and meanwhile inflationary gap existed in economy. Conversely the 45 degree aggregate demand says that the unemployment and inflection not appeared in same time. In the late 1950s Philips curve more purify the Keynesian thought. In 1958 Professor A.W.Philips illustrated a statistical relationship between unemployment and inflection The Philips curve shows the inverse relationship between unemployment rates and inflection. It argued that if government wants to reduce unemployment it has to accept higher inflation as a trade off. The graphs shows that if unemployment rates fall (1.5% to 1%) inflation rates up (2 to 4%)S Although in 1970s the Philips curve was unable to explain the problem of unemployment and inflection which is going up together stagflation. In mean while time two economists Milton Friedman and Edwards Phelps appeared with monetarism theory that able to show concurrently inflection and unemployment based on expectations augmented Philips curve. Monetarism Professor Friedman argued that there were a series of different Philips curve for each level of expected inflection. He persuaded that when government injects resources into the economy once again the unemployment fall in short-term but there would occurred high inflation. As a result people expected inflection to occur then they would anticipate and expected a correspondingly higher wage rise. The graph revealed that unemployment below Un to U* the series of Philips curve (SRPC1) moved alone with inflation rates zero to 4% because the expectation has been changed and people adept new rates. But Friedman failed to long term unemployment related with inflation rates which is elaborated by New Classical viewed. New Classical Thought Robert Locus who is one of the new classical economist argued that announced and unannounced fiscal and monetary policy are affected on out and employment because of natural rate of unemployment will alter the equilibrium and this thought actually expand the rational expectation. The graph shows without short term reduction of unemployment (Un to U*) rational agent would anticipated an inflationary environment. New Keynesian Thought The new Keynesian thought wrecked the long run Philips curve which is breakdown by Friedman depends on NAIRU (Non Accelerating inflation rates of unemployment). In Behavioural theory George Akerlof argued at the low level of inflation permanent trade off between inflation and unemployment because low inflation not silent. In the diagram shows when unemployment fall from U a silent inflation becomes higher. Furthermore according New Keynesian point of view real wage rate could establish long unemployment equilibrium. The diagram exposed that a higher market clearing efficiency wage paid consequent unemployment (N2-N1) whereas aggregated demand shock shifting the labour demand curve which is lead the unemployment ( N2 to N3). Most Satisfactory Explanation on nature of European Unemployment The classical thought believed that supply automatically creates full employment and efficient market economy drive the unemployment problem where a little need of government interference. But 1929-33 great depression pushed the European unemployment rates to unprecedented level and whole economy collapsed. Country 1921-29 1930-38 United States 7.9 26.1 United Kingdom 12 15.4 France 3.8 10.2 Germany 9.2 21.8 The table shows the percentage of unemployment rates of European countries during depression period. In 1930-38 USA enjoyed high Unemployed rates 26.1% The depression eventually gave to raise the Cambridge economist John Maynard Keynes thought and he identified the root of the problem as a lack of aggregated demand. He explained that if aggregate demand fall the economy were hit by adverse shocks which create a fall the business confidence where Says law would failed to hold as firms cut investment, output and employment and this process could leave the economy in less than full unemployment equilibrium. Moreover a less than full-employment output would find just enough demand for that output and the economy would be stuck in a slump. Keynes suggested that government attempt stabilized the policy for settle the level of output and full employment. Despite the fact that until 1970s the Keynesian aggregate demand management dominated western policymaking the economy in of overheating and facing the inflationary pressured. In1970s inflation rates increase 10% to more the 20%. The graph shows that after 1970 inflation rates in UK and Japan reached at well above 20% whereas USA and France more than 15% abut Germany enjoyed the less inflationary rates. In the mean while time G5 countries were suffered by high unemployment. From the following graphs we can see that in 1970s unemployment rates increased rapidly where full employment appear only 2.5% . In 1970s economy are experienced by rising unemployment and inflation which made together stagflation where Keynesian policy failed to explain the new dilemma. On the other hand Keynesian appeared that most unemployment arise outside labour market but the great depression and early 1980s and 1990s recession Keynesian view unsuccessful to explain Frictional and Structural unemployment. Conversely Friedman views clear the all of Keynesians confusion which is based on expectations augmented Philips curve. Because 1970s stagflation redundant the Philips curve. Whereas Friedman indentified that the cause of inflation is balanced by the natural rate of unemployment and this unemployment occurred inside labour market which should be in microeconomic nature, cause macroeconomic policy not affective in the long run. He also argued the stabilization policy which was driven the Post war boom means it ineffective to maintain the economics at potential GDP and full employments and it should be d estabilized cause economic will stable inherently. Yet Monetarist assumption abandoned the1980s and 1990s recession and in monetarist view labour market are not flexible even though the lack of competitiveness has obsessed the real wage. After all in my point of view the Keynesian school thought likely approach than other school of thought though monetarist would favour to abandon the stagflation. But if we see the 1970s, 1980s and 1990s inflation and unemployment is high but overall GDP rate remarkable. In addition Keynesian view is applicable in recent recession. Recently viewed that the Europe countries aggregated demand fall and lower rates of growth people are less interest to consume which tend to increased unemployment hand .Besides the Keynesian thought not decline fiscal and monetary policy and Labour union power to determined the wage and right. Recent Unemployment and Solution In UK jobless jumped by 43,000 and unemployment reached at 8%. According to IMF survey global financial crisis impact on European output and employment and it increased the recent unemployment. In Germany, UK output falls in significantly which reduced the growth of employment. Moreover labour market flexibility, mainly the higher level of employment protection lean to reduced employment inflow and outflow and declines the labour reallocation. Further more rapid rise of structural unemployment, financial institutions collapse, cutting hours, early retirement tend to increased the Unemployment On the contrary mix labour market policies and flexibilities at firm level gradually employment has adjusted in UK and Germany. It is true that time accounts smooth the Germanys employment whereas government subsides decreased the working time. But wage flexibility and government support help to surpass the UK unemployment. Conclusion As final point unemployment is a major problem in the world economy. It is very difficult to bring down equilibrium position if it is not stop to increase at the first place and in the long run unemployed not able to participate in labour market. Therefore, government should initiate the improving labour market by increasing work incentives, reforming the operation house market and trade union.

Race and Political Power in the Pre-Civil War Period Essay -- Essays o

Race and Political Power in the Pre-Civil War Period How did race translate itself into political power during this period, and how did Blacks attempt to combat that power. Racism has been the most provocative topic in American history; it has seemed to transcend other struggles, and fester its way into almost every facet of American culture. It has grown like weeds in an unattended garden in to the ideology of America. Politicians use it as a tool for reelection, corporations use it as a way to exploit, and the media uses it as a way to control. But the underlying question is where did it come from, how did it translate itself into political power, and how and what did African Americans do to combat that power. Many of the answers to these questions lie in the pre civil war area also known as the antebellum period. During the early 17th century a powerful farmer by the name of Nathaniel Bacon tried to use African Americans to conquer surrounding tribes and take their lands for indentured servants who had served their time and wanted land. Bacon added blacks to his corps of whites only after he found out he had to fight William Berkley the colonial governor. Berkley thought that arming the Jamestown rubble was too dangerous to be allowed. After Bacons death the Virginia government reacted to the spectacle of interracial servant solidarity by slowly eliminating white servitude and expanding the then new institution of black chattel slavery. By doing this he could guarantee a permanent labor force and win the support of his constituents. Because of efforts like that of Governor Berkley, Virginia had become the primary site for the development of black slavery in the Americas. By the 1650s some of the indentured servants had earned their freedom. Because replacements, whether black or white, were in limited supply and more costly, the Virginia plantation owners considered the advantages of the perpetual servitude policy exercised by Caribbean landowners. Following the lead of Massachusetts and Connecticut, Virginia legalized slavery in 1661. In 1672 the king of England chartered the Royal African Company to bring the shiploads of slaves int o trading centers like Jamestown, Hampton, and Yorktown. Slavery spread quickly in the American colonies. At first the legal status of Africans in America was poorly defined, and some, like European indentured servants,... ...ed afterward may have reached 100. But the rebellion lasted less than two days and was easily suppressed by local residents. Like other slave uprisings in the United States, it caused enormous fear among the whites, but it did not seriously threaten the institution of slavery. Less organized resistance was both more widespread and more successful. This included silent sabotage, or foot-dragging, by slaves, who pretended to be sick, feigned difficulty understanding instructions, and "accidentally" misused tools and animals. It also included small-scale resistance by individuals who fought back physically, at times successfully, against what they regarded as unjust treatment. The most common form of resistance, however, was flight. About 1000 slaves per year escaped to the North during the pre-Civil War decades, most from the upper South. This represented only a small percentage of those who attempted to escape, however, since for every slave who made it to freedom, several more tried. Other fugitives remained within the South, heading for cities or swamps, or hiding out near their plantations for days or weeks before either returning voluntarily or being tracked down and captured.

Bad News Messages

Two Questions: In your opinion, when a company suffers a setback, should you soften the impact by letting the bad news out a little at a time? Why or why not? AND Is intentionally de-emphasizing bad news the same as distorting graphs and charts to de-emphasize unfavorable data? Why or why not? Looking forward to hearing your thoughts. ANSWERS: When a company suffers a setback, delivering the bad news a little at a time creates confusion and uncertainty about the true nature and extent of the problem, which gives rise to complexities or difficulties in effectively addressing the situation.Doing so also creates a rather negative image of the company, especially when interested parties or stakeholders learn about the extent of the bad news and the implications to them from other sources. It is inevitable for companies to suffer setbacks throughout its operations because of the number of poorly managed and uncontrollable factors influencing companies. However, setbacks eventually lead to solutions but the effectiveness depends on the manner that the setback is recognized, analyzed, communicated and handled.Communicating bad news in its full gravity but delivering this in an objective and rational manner by providing all pertinent facts, assessment of the situation, and alternative solutions to draw constructive discussions on the best action or response constitutes a more fulfilling management of bad news messages. De-emphasizing the company’s bad news amounts to the distortion of graphical data because in both cases, the company is manipulating facts to present a different view of the situation, often in favor of the company.Everyone: What about the media â€Å"leaks†? Right now many companies are `downsizing` and they learn about this by reading news stories first. Are any of you working for a company going through this? How is the company handling ANSWERS: In the â€Å"age of information,† it is nearly impossible for large corporations to pr event media leaks. Sometimes, media leaks are even crafted by the top management of companies as a means of controlling or influencing the ultimate outcome of whatever crisis is occurring.By leaking information to the media, companies are able to manage the impact of the situation and soften negative blows to the company or ensure that the information communicated to the public is accurate and true. As part of a non-profit organization, stakeholders often learn information on a nationwide corporate downsizing, during the height or even after the actual fallout.Due to the different structure and practices in a non-profit organization, it takes some time before the lower rung of the organizational structure experience the effects of downsizing, and then, it is no secret. However, in instances when the media get hold of information on the downsizing, the organization immediately opens communication lines to dialogue with the interested parties to explain or clarify and allay fears and suspicions.

Managerial Accounting Notes

Accounting chapter 7 managerial accounting Exercises Lambert Fabrication, Inc. , uses activity-based costing data for internal decisions. The company has the following four activity cost pools: Activity Cost PoolAnnual Activity Producing units5,000 machine-hours Processing orders1,000 orders Customer support200 customers OtherNot applicable The â€Å"Other† activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The company traces the costs of direct materials and direct labor to jobs (i. . , orders). Overhead costs—both manufacturing and non-manufacturing—are allocated to jobs using the activity-based costing system. These overhead costs are listed below: Indirect factory wages$100,000 Other manufacturing overheadS200,000 Selling and administrative expense$400,000 To develop the company's activity-based costing system, employees were asked how they distributed their time and resources across the four activity cost pools. The results of those interviews appear below: Results of Interviews of EmployeesDistribution of Resource Consumption Across Activities Producing Processing Customer UnitsOrdersSupportOtherTotals Indirect factory wages40%30%10%20%100% Other manufacturing overhead30%10%0%60%100% Selling and administrative expense0%25%40%35%100% a. Using the results of the interviews, carry out the first-stage allocation of costs to the activity cost pools. Producing Processing Customer UnitsOrdersSupportOtherTotals Indirect factory wages $ S S $ SOther manufacturing overhead Selling and administrative expense.. Total overhead cost $$ $___ ___ $ $__ ____ Chapter 7 b. Using the results of the first-stage allocation, compute the activity rates for each of the activity cost pools. (Activity rates are not computed for the â€Å"Other† activity cost pool because these costs will not be allocated to products or customers. ) Computation of Activity RatesActivity Cost Pools Total CostTotal ActivityActivity Rate Producing units $ machine-hours $ per machine-hour Processing orders $ orders $ per order Customer support $ customers $per customer c. Data concerning one of the company's products are listed below: Product W562 Selling price$100 Annual sales (units)1,000 Direct materials per unit$24 Direct labor per unit$6 Machine-hours per unit1. 5 Orders processed80 Using the activity rates you derived in part (b) above and the above data, compute the total amount of over ¬head cost that would be allocated to product W562.Overhead Cost of Product W562 Activity Cost PoolsActivity RateActivityABC Cost Producing units$per machine-hourmachine-hours$ Processing orders$per orderorders Customer support$per customerNot applicable Total $__________ d. Using the data developed above for product W562, complete the following report. Product Margin—Product W562 Sales$ Costs: Direct materials$ Direct labor Producing units Processing orders ________ Product margin $_______________

Duc de Saint-Simon and The Court of Louis XIV essays

Duc de Saint-Simon and The Court of Louis XIV essays In 1746 Duc de Saint Simon finished work on his Memoirs. In this document he gave a detailed account of life in Versailles under the king Louis XIV. Saint-Simon described Louis XIV as a man whose natural talents were below mediocrity. He claimed that Louis made up for his natural shortcomings by affiliating himself with the most proficient people of both sexes in all areas. According to Saint-Simon Louis XIV real talent was that he was able to assimilate what was best in the minds of others without slavish imitation. In Saint-Simons document he states that Louis XIV greatest weakness was his vanity. This love of being flattered often caused Louis to engage in serious wars; for he was easily convinced that he had a superior aptitude when it came to war than any of his Generals (Saint-Simon). He also loved to tell stories about his campaigns which he expressed ... clearly in well chosen language (Saint-Simon). One example of his vanity is the symbol he chose to represent himsel f. Louis XIV dub himself the Sun King, claiming that the sun represented the duties of a Prince (Sendlessly promoted life, joy and growth and that the sun was the most dazzling and most beautiful image of the monarch (S It was not until 1682 that Louis XIV officially moved his court from Paris to Versailles. The motives behind him moving his court were mainly due to security issues. Louis did not feel safe in Paris due to a series of revolts against the monarchy known as the Fronde, also being away from the large crowds in Paris allowed him to keep a more watchful eye on the member of his court. By removing himself from the city he could more easily detect the movements and temporary absences of any of ... members (Saint-Simon). According to S&S Louis striped the member of his c...

Business analysis Essay Example | Topics and Well Written Essays - 2750 words

Business analysis - Essay Example So any negative traits or behaviour associated with them is hided because of the fear of norms of the society. It is difficult to surpass these distortions. They are found to have a profound effect on the job which is already considered tough in terms of measuring the perception, experience and memory. The worst effect of cognitive bias can result in spoiling or limiting an otherwise solid research design. In conducting qualitative research, it is crucial to be aware of the biases which occur due to cognition. These can be emerging from effects of experiments as well from participants or respondents. Even though these biases are difficult in terms of complete elimination, a combination of these techniques can help in reducing the distortions caused by cognitive bias. A major example of cognitive bias occurs during qualitative research, where the measurement techniques such as questionnaire, focus group interviews are flowed, because of cognitive biases. This is because the objective of asking questions to the comsumers is rooted to their opinions and thoughts. According to Zambardino & Goodfellow (2007), evaluation of advertising and branding is fundamentally rooted fundamentally in questioning individuals regarding their recollections and attitudes. However, the advertising does not operate according to these methods. Advertisements employ a cognitive discourse in order to uncover emotional phenomena during advertisements and thus introduce a cognitive bias into the measurement process. There are various kinds of cognitive biases, which not only affect the consumer but also the researcher. Groupthink, also known as herd behaviour or the bandwagon effect is a behaviour which occurs when members in a group conceal or minimize their personal opinions or beliefs to maintain cohesiveness in the group. In case of group setting, participants may consider they are left out or uncomfortable if the personal viewpoint expressed by them is not accepted (Asch, 1955). The p articipants tend to move along and agree with what the group is concluding, even if they have a different opinion or their viewpoint does not match with the majority. This is a common problem when information is gathered in collective techniques such as focus group and this is a major cognitive bias which results in skewed results. Another form of cognitive bias which influences research is the availability bias. When respondents are asked questions, it is most likely that they recall their more recent experiences or recall only those experiences that come to their mind readily. The problem with this is that much of a participant’s recall is based in cognitive processes that focus on memorable or vivid occurrences. This results in a biased result because the absolute information is not obtained from the respondent. Cognitive biases not only influence the beliefs and opinions of the consumer, but also have the potential to negatively impact the researcher. Confirmation bias ca n be considered as a common form of bias occurring from the viewpoint of the researcher. It is the perception where a researcher opts for information that matches the conceptions already present in the mind and rejects all other new information, so as to avoid any conflict in beliefs and attitudes. Researchers tend

Precautions to be taken in drafting Oil & Gas Industry Contracts Essay

Precautions to be taken in drafting Oil & Gas Industry Contracts - Essay Example This essay discusses that Oil & Gas industry is a unique industry as it involves a high risk aspect of exploitation and exploration, high capital –intensive character of the industry, geographic ambit of operations and assets, environmental issues, up-date technology needs, safeguard issues, downstream brand advertising, size and range of employee base, political predispositions,etc. Oil & Gas industry engrosses the granting many contracts like project feasibility study, construction, supplies, civil and offshore contracts, mainly through subcontracts. If the turnkey contract is implemented, then the contract has the responsibility of defining in a strict, complete and definite manner the works to be covered and risk to be borne in the contract itself. In the oil and gas sector, the definitive goal of any operator is to exploit maximum revenues by efficient and rapid discovery of petroleum and gas resources with no or minimal disruption. Contractual process in Oil and Gas (O&G ) industry is a lengthy and time-consuming process , fixing the accountability and granting damages to the affected parties is normally considered to be a hectic task given the nature of the industry which is symbolised by subcontracting. To achieve their business goal, operators in O&G industry is well aware that risks in the industry can be administered and controlled when the same has been unequivocally distributed to one or more parties. It is to be noted that risks can be covered by taking appropriate insurance policies, but this involves an additional financial burden to the operators. The easy way to shift the risk in O&G industry is to employ contractors to alter common law approach as a risk management process. (4). LOGIC of UK has published a standard contract (boilerplate contract) through its 2nd Edition, October 2004 for the oil & gas industry in UK. This is a standard contract, and the contract employs English law .However, now, all references to UK needs’ have been withdrawn, and it can be employed on a global basis. For drafting contracts for oil and gas industry , the lawyers will use boilerplate contract like the one designed by Logic .It connotes to any interchangeable ,† one size fits all† provision. While drafting the contract, more significance has to be given to the areas like the notice clauses, the choice of law clauses, the force majeure clauses, the delegation and the assignment provision. These clauses are significant as it will give a road map, informing the parties concerned their relationships and how to administer the contract. (2) Some of the main advantages of the boilerplate contracts are that it contains many clauses either override or restates the common law provisions and is being in use by the relevant companies for long time. It is having drafting efficiency and to costs fewer pounds and takes less time to input the standard clauses into the contract. By incorporating the conditions available in the bo ilerplate contracts will help to avoid errors. Further, a standard clause is well known to business and legal community, thereby minimising the costs of reassessing and negotiating the provisions, as well as fostering a analogues interpretation. (2) Some critics allege that the poorly outlined boilerplate clauses may result in issues instead of finding a solution while execution of a contract. A poorly drafted contract will no doubt will result in the litigation which is not only time-consuming and also expensive. Thus, there is a need to give more careful attention to each and every boilerplate clauses, including how it is going to be interpreted in the case of future litigation. (2) For the risk allocation, common law provision is followed in O&G contracts and, where there is no specific contract and the general law pertaining to tort, contract/delict will be applicable. With the operative word being ‘negligence†, the liability stems from the fault or infringement of d uty in such cases.

FINANCIAL STATEMENTS AND RATIOS ANALYSIS Assignment

FINANCIAL STATEMENTS AND RATIOS ANALYSIS - Assignment Example The two main financial statements (the Income Statement and Balance Sheet) are going to be analyzed in both cases together with some financial ratios. However, before embarking on the aforementioned task, each of these banking corporations is going to be considered individually in a bid to understand their backgrounds. This is going to be in the order in which they have been mentioned in the introduction part. Flagstar Bank is a banking institution known by the official name Flagstar Bank and Flagstar Bancorp Investment Company acts as its holding company. It is headquartered at Troy, Michigan at the address 5151 Corporate Drive. Its website address is www.flagstar.com and its investor relations phone number is (248) 312-2000 and in case an investor wants to send an e-mail there is a facility on the company’s website to do that(investors@flagstar.com) plus an in case of any suspicion in dealings with Flagstar e-mail abuse@flagstar.com. The stock exchange trading symbol for this company is FBC at NYSE. The current share price is $0.79 and the company’s stock is under Financial Industries and further narrows down to the bank sector of NYSE. According to the 2009’s annual report, there are ten directors of which eight are outside directors and two are inside directors. Outside directors are considered independent when it comes to the company’s management decision making and therefore, mindful of the impact of the decisions’ impact on the shareholders. This is a branch bank and it operates around 175 banking centers. (flagstar.com, 2011) Universal banking refers to a case where banking firms have a network of branches, several firm claims, offers a variety of services as well as taking part in corporate governance upon firms which depend on banks for sourcing funds. Flagstar bank is not a universal bank according to the opinion of the study. (Calomiris, 1995 p1) On the other hand, the

Naming and Shaming Sex Offenders Essay Example for Free

Naming and Shaming Sex Offenders Essay Define: The social issue naming and shaming sex offenders is the worst sex offenders being named and shamed on a website with their picture, name, address and date of birth on their profile. People can type in the suburb they live in and see what sex offenders live in their area. Argument #1 For: Sex offenders, even more so than other forms of crime, are prone to re-offending upon release from prison. Therefore, to protect society, they should be required to register with a local police station, and their names and addresses should be made available to the public. Police would also supply this information to schools and day cares, who will be consequently far more alert to any risk. Parents would find this information invaluable in ensuring their children’s safety, and it would cut the rate of sexual crime by those freed from prison. In the end, we have to protect our children at any cost. Against: This proposal is an essential violation of the principles of our penal system, which are based on the serving of a set punishment before being freed from prison. This registration inflicts a new punishment for an old crime and will lead to sex offenders to be demonized by their neighbours and community, and possibly be forced to move out of the town they are located in. It will also lead to campaigns and violence, sometimes against innocent people with similar looks and names, such a risk cannot be taken. Argument #2 For: Crimes for sexual offence are among the most repulsive and damaging that exist; they can ruin a person’s life. As the offenders responsible for these crimes cannot be imprisoned forever, and must be released at some point extra caution must be taken to ensure they pose no threat to the public. Against: The suggestions of this website are clouding the options. Physiological evaluations can define accurately whether an offender is still danger to society or not. If an offender is still a danger to society then they should not be released from prison, if they are not a danger any more then they should be released and be able to live a happy and normal life. Studies have shown that treatment is quite effective to help reduce the rate of re-offending. Argument #3 For: A national web register would allow police to track re-offenders faster, increasing the success rate and the speed of which they are brought to justice. Against: Police can be aided by a register only available to the police. Making it public might make the offenders run and making it hard for police to track them. Studies have shown that a public register is a subjective to abuse from the public. Around 2 out of every 5 offenders have been a victim of vigilantism. The social ostracism, denial of rehabilitative measure such as housing and stable employment, and threats of vigilantism, making former offenders disobey reporting requirements. Argument #4 For: A national register would benefit sexual offenders directly, as they would be on local registers of counseling and psychological help groups, who would be more able to offer help. Against: Offenders should have access to these services anyway, regardless of whether their names are available to society or not. This register has led to large qualities of withdrawing sex offenders listen on the register, along with their families. The register is a spread of myths and stereotypes used by the public to justify the ostracism and denial of service. Sex offenders in Australia have lost jobs, housing and treatment options and forced to live under never ending changing requirements.

The Philosophy of Rationality in Economics

The Philosophy of Rationality in Economics Nikita Kohli The ways of being human are bound but infinite. -Larry Niven An Introduction There exists no single definition of Rationality, yet it forms the cornerstone of basal assumptions of standard models of economics. A sweeping glance of the concept however, elucidates one fact. Rationality deals in human behaviour, it aims to understand its motivations and predict future outcomes based on choices. Rife with contradictions and limitations analogous to the innate complexity of human nature, this theory has been repeated altered and manifests itself in different ways with the progression of time. Objectives: The primary objective of this paper is to qualitatively analyze economic literature and draw conclusions pertaining to the concept of rationality and its relevance in the world today. Literature Review This paper, as the title suggests, aims to examine the concept of rationality, its use both philosophically in the study of broad humanity as well as in its more specific application to economics and standard models of human behaviour. In order to gain an understanding of early texts exploring concepts of rationality, such as the works of Aristotle and, the author relied on interpretative papers such as those of Fred Miller (1984). Various original works of authors have been studied chronologically to enable a historic overview of the concept, eventually yielding to contemporary work, implications and applications to various phenomena. Notable repositories of information such as the Palgrave Dictionary of Economics and critical essays on the subject of Rationality (a collection edited by Bill Gerrard) have been accessed. The papers with their extensive reference lists gave the author insight into the vast literature focused on this specific subject. Reviews and critiques, and studies in retrospect of concepts have been perused to help put an idea from another time into contemporary perspective. PART 1 Rationality: A historical Analysis If one devalues rationality, the world tends to fall apart – Lars Von Trier The first mention of the concept of Rationality is seen in the work of Aristotle; who states that the human being has a rational principle and the ability to carry out rationally formulated projects. (Miller, 1984). ‘Homo Economicus’ or the ‘Economic Man’ was a term that first appeared in the work of J.S Mill who described man as ‘solely as a being who desires to possess wealth, and who is capable of judging the comparative efficacy of means for obtaining that end’. (Mill, 1844). This is the base of the most widespread assumption in economics – that man strives to only maximize his utility and satisfaction, and this trait, intrinsic to all men, is termed ‘rationality’. Jevons, the forbearer of mathematical economics propounded a quantitative measure of the utility function. In stressing on the concept of marginal utility, he put forth some basic tenets of the utility consumption theory, namely that economic agents derive utility by consumption of goods, and that they are rational, calculating maximisers. In attempting to ‘treat the economy as a  calculus  of pleasure and pain’, Jevons (1871) set the foundations for a paradigm of Economics, which was deeply rooted in individualistic theories of motivation and decisions. Von Mises (1949), in his seminal work on human nature and decision making, asserted that human action is ‘necessarily always rational’. His understanding of rationality, however, differed from that of his successors in the field of Economics. He believed that every human being acted in a way that furthered their self-interest and was to achieve some end goal. When viewed in pure subjectivity, no action can be termed irrational as every human being acts out of some motivation, thus making the action ‘rational’. Concepts of Rationality: A contemporary analysis All human behavior is scheduled and programmed through rationality.   Michael Foucault In the early 1960s, mathematical economist John Muth (considered the Father of the Rational Expectations Revolution in Economics) put forth a body of work that would leave on indelible mark on the rationality discourse. For the first time, a significant difference in economic analysis was made, that between ‘adaptive’ and ‘rational’ expectations. Muth’s work and the theory of Rational Expectations was considered iconoclastic at the time as it proposed a shift in knowledge processing, analysis and decision making. Neo-classical economics, as propounded by Friedman, Keynes and others dealt with systems and analysis using historical data. This was termed ‘adaptive’. Adaptive neo-classical theory forms the basis for many policy decisions, be in pump-priming investment or monetary contraction. Policy is created in keeping with past results and some common assumptions in economics – people will demand more when the government invests in the economy etc. In contrast, Rational Expectations take into view the whole economy, in its real-time functionality, and uses imbibes current information in its analysis. It propounds that ‘rational agents’ continuously update their information and take into account the whole system. As Muth (1961) asserts, ‘the economy does not waste information, and that expectations depend specifically on the structure of the entire system. In addition to this fundamental tenet, this school of thought also states that markets will always clear; prices will adjust to fluctuations in supply almost immediately. When this concept is extrapolated to encompass the macro economy, it is often stated that no government policy or exogenous shock can shake up the system. This is because of the existence of rational agents, who, using their knowledge of existing phenomenon, expect certain outcomes and adjust their course of action accordingly. For instance, in a recessionary period, sellers will not let their prices fall. They behave in this manner because they are aware of the current scenario and preempt government investment intervention to attenuate falling demand. Thus they expect their demand to rise in the near future. As Greg Egan would put it, ‘It all adds up to normality’. While implicit in the Rational Expectations theory is the existence of perfect knowledge, transmuting into rational decisions, there emerged a field of study which emphasized the shortcomings of knowledge and information acquisition. The term ‘Bounded Rationality’ was introduced by Herbert Simon in his book Models of Man (1957). While in spirit adhering to the belief that human beings are rational, Simon’s theory observed a critical failing; that of the assumption of complete information. In this structure, human behaviour is viewed not in terms of rational, utility maximizing behaviour. Instead, it is seen as a series of actions, often not compatible with each other, decisions taken in situations of partial information and based on limited reflection. This accounts for the limitations to both knowledge and cognitive capacity. Taking this idea further, simmering in the field of human behaviour vis a vis economic processes, is the belief that human beings can sometimes be ‘Irrational’. Carrying out specific studies in this area, economist Dan Ariely finds surprising results. In a given situation, a person may make a choice which will not benefit them in the future, may not help them immediately, and the decision is made in the light of these two eventualities. Ariely explains that this is because human behaviour is not always controlled by rational motives, it is highly impulse driven and impacted heavily by exogenous factors. In the early 1960s, Gary Becker put forth the same idea; only that he believed even irrational agents can work ‘smoothly as a single unit’. Human irrationality, he states, was in fact rational. PART 2 – NUANCES OF RATIONALITY Amartya Sen anchors a clear distinction in the approaches to Rationality in literature. He divides them into two broad categories – Instrumental Rationality and Substantive Rationality. Substantive rationality is when one acts out of objectively, independently defined self interest. This lends itself to the General Equilibrium theory, the starting point of individual behaviour is a predefined utility function, and choice arises from this within the constraints imposed. Instrumental rationality dons a more humane approach wherein it allows for objectives that are not restricted to solely self-interest. This methodology acknowledges the influence of other factors on rationality. Sociologist Max Weber states a similar idea; that of Wertrationalor value/belief-oriented rationality, wherein the motives for action are often driven by reasons intrinsic to a particular actor, such as specific emotions, societal or spiritual aspects. Daniel Kahneman and Amos Tversky have made important contributions to the understanding of rationality and reactions to choice. The Prospect theory attempts to describe decisions under uncertainty. It empirically proves that a decision making process is often not rational; people are risk-averse when they stand to incur losses and risk-taking when they stand to gain. Another obstacle to ‘rational’ thinking is the problems posed by ‘heuristics’ (Kahneman Tversky, 1974). Heuristics are mental short-cuts, which usually involve focusing on one part of a complex problem and often ignoring the larger, more complete set of information. This limited perception of the issue at hand is used to make a decision. In any sphere of study, the influence of external social factors cannot be denied, on a superficial level, this impact could manifest itself in the way of the ‘Demonstration’ or ‘Bandwagon’ effect. On deeper examination, we see that these exogenous factors often define an individual’s sense of Rationality, which leads us to realize that Rationality can never be completely objective or homogenously innate to all. Adopting a pragmatic approach to the limitations posed by imperfect knowledge, Herbert Simon proposes the term ‘satisficing’. He pointed out that human beings lack the cognitive resources tooptimize: the relevant probabilities of outcomes are usually, thus the evaluation of all outcomes with sufficient precision is rare, if not impossible. A more realistic approach to rationality takes into account these limitations. An important application of the rationality principle in neo-classical economic theory is in the analyses of perfect competition. Competitive equilibrium is said to have been reached when each person maximizes their utility, given a certain set of assumptions (no externalities). This state of equilibrium will tend towards Pareto Optimality as it is assumed that the Pareto Optimal state is one where there is perfectly competitive equilibrium at a given set of prices and some initial distribution of resources. Every rational utility maximizer is in equilibrium, wherein no one can be made better off without hurting another’s well-being and current status. This basal assumption of rational behaviour establishes the relationship between the aforementioned concepts. PART 3: CONCLUSION In everything, one thing is impossible: rationality – Nietshchze This paper has attempted to shed light upon the various dimensions of rationality, as depicted in economic phenomenon. Problems arise however, with the implicit assumption of rationality in models involving human behaviour in varied situations. Rationality implies comprehensive knowledge of the current economic system, which is then factored into the decision making process. In keeping with the ‘Efficient Market Hypothesis’, markets will always correct themselves and clear as people are able to adapt and adjust to fluctuations almost immediately, due to their information. It has also been argued that natural processes of elimination ensure that rationality perpetuates itself, where those who act ‘rationally’ work optimally. This can be seen in nature, in the principle of ‘survival of the fittest’. Milton Friedman also draws this parallel to markets, where non-profit maximizing firms are driven to a wall so that only the ‘rational’, profit maximizing firms may survive. (Friedman, 1953). These applications and assumptions are rife with shortfalls. The first limitation is that of ‘knowledge’. Acquisition of this perfect knowledge to facilitate rationality is expensive, consumes resources, and in many cases proves impossible to obtain. To assume that perfect knowledge is a prerequisite for rational behaviour limits its scope. While looking at markets and macro-structures, one can see rational expectations as the underlying force in stock markets. These markets are extremely sensitive to minor fluctuations and react almost instantaneously to restore equilibrium. The same cannot be said of the economy. It is impossible to expect policy to change, or its impact to be as versatile as is seen in the stock markets. The case of the rupee depreciation illustrates this point, wherein the stock markets adjust to the disturbance, but the economy is left flagging. Chamberlin points out, that for Perfectly Competitive equilibrium to exist, there at first must exist a certain measure of disequilibrium. He states that not merely pure, but perfect competition is requisite for the rationality hypotheses can have their full power. The existence of the initial disequilibrium, in conditions of complete rationality, proves to be contradictory. Another limitation of the rationality assumption is that it makes for models that are normative, rather positive. Formally and explicitly, these provide frameworks to understand how agents should act in order to maximize their self interest. This fails in its predictive capacity, to see how one will behave in the future. We’re all mad here – Cheshire Cat, Alice in Wonderland Rationality is assumed to be highly centered on the individual. But as Kenneth Arrow 1986) points out, rationality gathers not only its force, but very meaning from the social context in which it is embedded. It holds only under ideal conditions, the nature of which is not seen in the world today. Adam Smith in the Theory of Moral Sentiments attributes actions to not only self-interest, but more humane factors like love, benevolence and community feeling. A science taking into account human behaviour must closely study its major drivers. Exposure to various social factors and upbringing influences the way people think. Defining rationality becomes problematic, what is rational to one may be deemed irrational to another. For instance, faith, religious belief, personal opinions and ideology are not universal in their impact and acceptance. Rationality then becomes extremely contextual; one person’s rationality is bound to not hold in another person’s situation. Rationality can also be temporal, due to the lack of accurate information about the future; what holds true today or in the immediate foreseeable future, may not hold in the long-run. The limits and bounds to rational thinking are not clear and universal, they’re morphed and moulded and coloured by personal experiences and biases. A crucial distinction needs to be made about what kind of behaviour is rational and what is not, and what models of behaviour may be useful in predicting actual behaviour. Taking into account various individualities poses a great challenge, but to attribute motivation and action to perfect rationality, especially in the context of subjective human behaviour, is problematic. Anomalies will be patent to the process of fitting human nature and motives into an objective framework. The author concludes that an assumption about human beings, especially one as pervasive as assumed rationality, is dangerous. At the same time, accounting for individual drivers is nearly impossible. Policy, and core economic theory must be able to account for, at the very least acknowledge, these discrepancies. This is the only way to create frameworks which may work with greater precision. REFERENCES Arrow, K. J. (1986). Rationality of self and others in an economic system.  Journal of Business, S385-S399. Friedman, M. (1953). The methodology of positive economics.  The Philosophy of economics: an anthology,2, 180-213. Heap, H.S (1993) Post Modernity and New Conceptions of Rationality in Economics. In The Economics of Rationality. (pp. 48-60). Routledge Jevons, W. S. (1871).  The Theory of Political Economy. Macmillan and Company. Kahneman, D. (1994). New challenges to the rationality assumption.  Journal of Institutional and Theoretical Economics (JITE)/Zeitschrift fà ¼r die gesamte Staatswissenschaft, 18-36. Kahneman, D. (2003). Maps of bounded rationality: Psychology for behavioral economics.  The American economic review,  93(5), 1449-1475. List, J. A. (2004). Neoclassical theory versus prospect theory: Evidence from the marketplace.  Econometrica,  72(2), 615-625. Mill, J. S., Backhouse, R. E. (1997).  On the Definition of Political Economy; and of the Method of Investigation Proper to it: Essays on Some Unsettled Questions of Political Economy (1844); On the Logic of the Moral Sciences: A System of Logic (1856)(Vol. 1). Routledge. Miller, F. D. (1984). Aristotle on Rationality in Action. The Review of Metaphysics, 499-520.s Muth, J. F. (1961). Rational expectations and the theory of price movements.Econometrica: Journal of the Econometric Society, 315-335. Sen, A. (2000). Reason before identity.  Romanes Lecture. Sen, A. K. (1977). Rational fools: A critique of the behavioral foundations of economic theory.  Philosophy Public Affairs,  6(4), 317-344. Stewart, S. A. (2005). Can behavioral economics save us from ourselves?.  University of Chicago magazine, 97(3). Swidler, A. (1973). The concept of rationality in the work of Max Weber.  Sociological Inquiry, 43(1), 35-42. Tetlock, P. E., Mellers, B. A. (2002). The great rationality debate.  Psychological Science, 13(1), 94-99. Tversky, A., Kahneman, D. (1974). Judgment under uncertainty: Heuristics and biases.  science,  185(4157), 1124-1131. Tversky, A., Kahneman, D. (1986). Rational choice and the framing of decisions. Journal of business, S251-S278. Von Mises, L., Greaves, B. B. (1949). Human action (pp. 59-62). Liberty Fund. Webliography Future Prospects. (2013, Aug, 5). retrieved September 1 2013, from The Economist Web Site: http://www.economist.com/blogs/freeexchange/2013/08/prospect-theory-and-economics Rethinking Thinking. 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