Topic of choice Essay Example | Topics and Well Written Essays - 500 words

Topic of choice - Essay ExampleIt is evident and clear that owing to the differences amidst an adult and a child, children who murder should not be tried as adults.The judicial system of the adults and the children should be separate and children should be tried in insubstantial courts as they do not have the capability of understanding and reaching to conclusion with regard to court consultations. The case of Bobby Hines who was a student in set school clearly reflects as an example. Bobby Hines was with his friends and one of his friends murdered a person during an argument. Hines was punished and the charge against him was that of felony murder. Hines was imprisoned for lifetime and during his trial he was provided with a smoke to change his charge to second degree murder which could have resulted in reduced prison term. Hines was very young and he did not understand the on the job(p) of the adult judicial system and hence he is still in prison for the last 22 years. Deborah Labelle, who holds the post of the director of The Juvenile Life without war cry Initiative, uses this case to explain that owing to the inability of the children to recognize and understand the rules of the judicial system of the adults, they eventually end up being sentenced to tougher prison terms. Thus, children who should murder should be dealt with in a different manner than their adult counterparts (Lee, 2012).The United States is still marked to be one country across the globe that has very unmitigated laws with regard to the trial of children who are guilty of murder. They can be sentenced to life imprisonment without the right of release. A research conducted on a national take aim in a Sentencing Project which is mainly functioning in Washington D.C. highlighted the drawbacks of trying children in the adult courts. The report indicated that children who were tried in adult courts confront racial discrimination accompanied with hindrances in corrective and restorative

Women on US Navy Submarines Essay Example | Topics and Well Written Essays - 1250 words

Women on US dark blue Submarines - Essay ExampleAs people evolve and change, these roles can also adapt and change with the culture of the people. There are basic visible difference between men and women, but socially and mentally, these differences should not effect how we one sex acts or is thought to act one way or another.However, with this being said, the recent battle over women working on submarines has stirred quite a joust again over the age old fight between man and woman. Who should decide where the line between equality and too much is drawn And if a woman cannot do the job as well as a man, should she still be allowed to do it precisely for the face of equality The US Navy argues it would cost $300,000 per bunk to permit women to serve on submarines, but yet even simply economics cant stop people from arguing for women onboard subs (Submarine) Defense experts drive home also quoted the numbers as much as 4 Million Each to hire the repairs needed for the subs( Doug herty).The fact is simple and clear however when it comes to women working on submarines. Due to the myriad of problems that arise with women onboard a submarine, it is simply not fair to the safety of our nation to admit women aboard submarines, even if it is in the pick up of equality.Women on subs is a terrible idea. The Navys highest-ranking admirals are strongly opposed speaks Phyllis Schlarfly ( Schlafly ). Schlarfly goes on to explain the tight living quarters in the subs, and how life is no walk in the park down there, and room is already cramped. He explains that The ship alterations necessary to accommodate women on subs would further reduce living standards or, alternatively, make it necessary to remove operational equipment. These millions of dollars would be spent just to please the civilian feminists in the Pentagon, not to improve readiness or morale (Schlafly). exclusively stated, the simply physical limitations of the subs could not withstand the addition of women on board, let alone would it be able to make enough room for them and the ample engineering that is needed on board as well. We could have women on our subs, but at the expense of having less well armed submarines and sub-par technology on board. And I dont think that it is a risk we should be willing to take. Another columnist Michael DiMercurio added his expertise to the matter stating that After arriving at the Academy, it was clear to see that the women had lower physical standards, which seemed absurd when we were preparing for combat. At an institution where the unofficial motto was, if the minimum werent good enough, it wouldnt be the minimum, suddenly there was a special exception for girls - a shorter hem in on the obstacle course, longer time to run the mile, fewer chinups. It might sound petty, but back then these were the things that defined the difference between laissez passer and being kicked out of the Academy. In 1976, we woke up one morning to find that the wome ns lower obstacle course wall had been painted hot pink, with a adult female Power fist superimposed. The culprits of that recon raid were never brought to justice (DiMercurio). And while DiMecrurio concludes that he felt women should be allowed in, I believe his tales at the Academy show that women simply do not have the same physical make up that men do, and are thus less prepared for combat intensive situations the like submarines. Would we let a sub-par man work our subs Of course we wouldnt, but we would let a women get in at lower standard levels

Personal Financial Management Research Paper Example | Topics and Well Written Essays - 750 words

Personal Financial Management - Research Paper ExampleFollowing are my observations art object reviewing the device. During the first week while I was reviewing the expenses, it was an eye opening situation that the major spending were on account of food stuff, clothing and spending waste time. The total expenses were $1,312/- excluding my credit card payments, rental payments and groceries. I then thought for remedial measures to curtail my expenditure and sort out the problem with the fact that if I start cooking myself, search for the discounted items and spend less to spent leisure and by doing this I thunder mug not only manage my finances, live my lifetime accordingly but also go along almostthing for the rainy day. While reviewing the data of the second week I noted that I certainly curtail my expenses on food stuff by 33% and the overall expenses reduced from $1,312/- to $ 850/- in second week excluding my house rent and credit card payments which shows betterment and my delight towards savings, but still the major expenses were made on account of groceries where I spent $223.83/- and for spending leisure I spent $118.81. I realized that the day-to-day log is helping me in managing my finances and I immediately checked my spending and realized that I must engage myself instead in any(prenominal) sports activities for spending leisure time rather to go to the massage parlor or some other places where I spend much more than sports and for the roaring future I have to develop future goals and by realizing the importance of savings, I immediately create three stages of my future goals through which I clear live a prosperous, happy and comfortable life and the stages are Short status Goals, Intermediate Term Goal and Long Term Goal. Short Term Goals are those that can be achieved within a year and can increase my future saving. For e.g. If I purchase a car it will save my transportation cost and the amount which I am expensing out every week wil l be saved. Intermediate Term Goals are those that can be achieved with in the period of 2 to 5 years and includes things that will certainly increase my savings. For e.g. If I purchase house it will be a sometime(prenominal) investment but it will save my monthly mortgage installment on which I have to pay interest. Long Term Goals are those that can be achieved after six years with no upper limit like my retirement plan which has no upper limit and more I save money during my employment, happier I will live my life after retirement. While selecting the amount which is to be expensed out on weekly basis in order to achieved the target, I set the priorities and assign education the highest priority with the weekly expense of $170/- and the total expense were of $420/- per week accumulating $1,818/- per month. My Intermediate Goals are some(prenominal) including purchase of house, starting own business, education and buy a new car. For this purpose after thorough discussions with m y friends, I have once again prone highest priority to the education with the expense amount of $350/-per week accumulating $18,200 per year and by doing this much saving I will be able to achieve the college property for my children by the end of 2016 i.e. in 3 ? years. My final goal is to save something for myself which can be used in case of need and this the financial plan helps me lot and by the help of the plan, I not only opted a semi retirement plan but also plan to save some thing for the cruise which I always aiming for and for the accomplishment of both the aims I have started saving $5/- per week for the cruise and $250/- per week for

The Capital Asset Pricing Method (CAPM) Essay Example | Topics and Well Written Essays - 1750 words - 10

The Capital Asset Pricing Method (CAPM) - Essay ExampleThe present research has identified that the CAPM toughie does not wholly relieve the returns on investment portfolios. A number of assumptions have to be identified for CAPM equilibrium to be achieved. The assumptions include the fact that investors must have the same expectations and in any case apply similar input list, they also have to maximize their estimated utility of wealth, the investors have to plan for a homogenous holding period, no transaction cost or taxes are incurred, the rate of borrowing equals the rate of lending and that there exists an environment where there is availability of numerous investors each having an endowment of wealth that is low-toned in comparison to the whole endowment. When the model was developed, a variety of empirical tests were conducted on the model by employ proxies and a number showed that the model was conflicting and inaccurate when predicting the prices of assets and in many situations did not hold. However, it was later asserted that the model was theoretically probable but was very hard, by using empirical tests to found because stock indexes coupled with other foodstuff measures were not adequate proxies for the variables of the CAPM model. The Capital Asset Pricing Method makes use of a variety of assumptions regarding the behavior of the investor and market in order to provide a group of equilibrium conditions which enable people to estimate the expected return of an asset I compare to its non-diversifiable risk. The model makes use of systematic risk measure in order to facilitate a comparison between the assets in consideration and other assets in the market. Theoretically, using the systematic measure of risk it enables managers to calculate their needed rate of return while also assisting investors to better their portfolios.

Steve Smith and postmodernism Essay Example | Topics and Well Written Essays - 250 words

Steve Smith and postmodernism - Essay ExampleThe paper Steve Smith and Postmodernism investigates how does Steve Smith defend postmodernism. The first defense of Smith from sterud is his rebuke against sterud terminology as too abstract that cannot even pinpoint in detail his positions but rather content himself with quotations from international relations literature. In sum, Smith is criticizing sterud for leave out of vagueness and lack of originality. The terminology which sterud uses that are often borrowed from epistemological argument and perspective, are also lambasted by Smith to be foggy and fancy talking about inexact shortcuts. sterud penchant for usage of new terminologies as required in studying international relations is also debunked by Smith to be hardly erratic to international relations. Even the deconstruction method and approach of sterud criticism against postmodernism which is deconstruction is also lambasted by Smith to be faulty because it leads an infinit e regression that undermines the research. He also negated the claim of sterud that postmodernism is anti-unscientific is very simplistic and reject the notion put forth by Ostrud that postmoderns are not rigorous. The biggest defense of Smith for postmodernism from the criticism of sterud is his reiteration of the purpose of postmodernism to be closer to Enlightenment because it focuses on how to use knowledge to improve human condition which is the same as the aim of the judgment which is his direct refutation against steruds criticism.

Evolution of Capitalism Essay Example for Free

Evolution of capitalist economy EssayCapitalism is an scotch process in which the means of production are privately owned supply, demand and equipment casualty are gen durationlly micturateed by commercialize forces not by an economic planning and profit it is distri simplyed to holder of means of production who invest in businesses. Capitalism also refers to the process of capital accumulation. Evolution of Capitalism Economists approximatelyly focused on the degree that g everywherenment does not have control over markets (laissez faire), and on private property rights, while most of political economists focused on private property, wage labor, class and power relations. It is clear that there is a general statement that capitalism encourages economic growth. The present collapse of the global economy puts a grave question such as Is current economic arrangement fundamentally sound, needing only slight correctives, or has it reached its restrictions, requiring fundamenta l rethinking? American economic thinking for the run 35 year has been a hijacking of the evolutionary growth of capitalism that could offer sustainable economics.The word economics comes from two Greek words, oikos or house and nomos, one who manages, so etymologically economics has a great meaning, incredibly like concerned for the home. The reason of our economy is to be concerned for our ordinary household, what are the principles that should direct our modernism? sufficient care for the national household must give at a minimum A job for everybody who can support a family Good quality education for each of our children Sufficient universal health care Essential safety for old age or in the occasion of unemployment or illness, and Environmental sustainability.Monopoly Capitalism A lifesize part of capitalism is determined by monopoly. The term monopoly has of all time been a feature of capitalism and capitalist competition presumes monopoly. This capitalist competition has further take to the centralization and concentration. For Marx Capital is here directly endowed with the form of social capital (a capital of directly associated individuals), as distinguished from private capital, and its enterprises assume the form of social enterprises as distinguished from individual enterprises. It is the abolition of capital as private property within the boundaries of capitalist production itself.- ( as cited by Mattick, 2010) The monopoly capitalism made a pathway for a Socialist society. Lenin argued The socialist society as a huge factory steered by the state. There are overindulgence of manufactured goods, of labor, and of farm produce always too much, but never too little. (Baran Sweezy, 1966). One of the discussed solutions was to cutting the production whereas other was in advance of stimulating demand, The price cut for the surplus can result to vanishing of the over production where consumers and manufacturers would benefit. However this wou ld have consequences on the overall viability of the industry (Baran Sweezy, 1966).Banking Capitalism In any world monetary clay market, banks hold a very important position in money manufacture and speculation. Banks are the only most significant mediator for indirect money across the world. The securities (such as stocks and bonds) market is also another important ubiquitous presence for direct finance. However, usually growths and gains in importance Pari Passu with financial growth in common, the higher the per capita income, banks securities play higher source of the business investment and it also make clear that securities engage greater economic risks than bank loans.If we take a case of America than its economic has became more dependent on securities than on bank for business development. Due to fully grown form of pension, mutual funds American estimated to be shareholders in way or the other. As being a developed country American financial industry development is wor ld most famous and undisputed leader in innovation in certain areas of the securitization and derivative and due to this American market securities rapidly grow and in this respect American capitalism called as securities-market capitalism. If we look on other case like Japans financial industry which is really remodeled on the American system right after world war II, Japans financial industry prevail American banks that Japanese-style capitalism characterized as bank-loan capitalism, particularly in light of the relatively in corporate bond market. Bank loan have been dangerous in Japans economic growth in the postwar era and paradoxically because of this banking whole Japanese economy was affected. Any continuous deployment of economy needs increased finance. There is two possible solution exist.a) To borrow from foreign by running current- account (CA) and CA is domestic saving CA deficit-based finance. This however makes hot global money. b) To create credit through country s banking system and with the serve of central banks, central bank-based finance Ozawa 1998. Central bank-based finance entails the risk of rise if prolonged praise is used for nonproductive reason such as out(p)go and speculative investments. It needs direction and judicious management of the banking industry by both the organisation and the central bank concerned.There are two methods of finance capital configuration for economic growth (1) Selling equities (stocks) and (2) Borrowing by issuing debt instruments (bonds and other securities). These two alternatives guide for growth of the securities market development. In the advance(prenominal) postwar era, initially stock market played very important role as a source of funds for corporate in Japan, but soon after some while Japan overwhelmed by bank loans. This was clearly reflected that Japans high-growth era(1950-1974) for all industries and its declined from 26.9% in 1950 to 16. 1% in 1970 and manufacturing declined fro m 31. 4% -19. 95% over the same period Caves and Uekusa 1976 479. Central bank based finance, the bank of Japan (BOJ) pumped funds into Japans city banks, which extended industrial loans to their self groups of association and this group known as the bank-let kinyu keiretsu. There are six kinyu keiretsu that competed vigorously in arranging a set of chemical industries and this kinyu keiretsu is also know as the main bank system Aoki and Patrick 1994.In addition, Japans postal investments agenda played a very important part in financial intermediation. At the time of high-growth period of 1950-1973, nearly one-third of total private investments were captured by the administration in the form of postal investments financial records. In fact, Japans postal savings system called the worlds largest bank Brown 1986, 128. It has more than 20,000 post offices throughout Japan, in that mostly are in rural agricultural regions. It means that there are more postal savings windows than in all the branches of Japans city hanks combined Brown 1986, 128.Under heavy regulations, Japans banking institutions are also compartmentalized into particular actions and markets (e. g. , division of the lending business from underwriting of, separation of short- and long-term finance securities and the trust business and trading in separation of markets by size of customers and banking system of city and local bank). Money Manager Capitalism At the beginning of 2009, the world faces the worst economic crisis since the 1930s. Possibility of depression were talked everywhere.there was a huge loss of jobs in the end of year 2008. Minsky always insisted that there are two essential propositions of his financial instability hypothesis (See Papadimitriou and Wray 1998 for a summary of Minskys approach. ). The first is that there are two backing regimesone that is consistent with stability and the other in which the economy is subject to instability. The second proposition is that stabilit y is destabilizing, so that endogenous processes will tend to displace a stable system toward fragility.There is small hesitation that the world faces the nastiest economic disaster since the 1930s, with a little economists and insurance policymakers beginning to speak concerning the option of a depression. Keynesian economics references are ordinary, with only committed liberal marketers quarrelling against administration involvement. Still the wizards on Wall Street are begging for re-regulation of fiscal markets. The Obama government has projected present year federal budget deficits at $1. 75 one million million (12% of GDP) and $1. 17 trillion for 2010although some private forecasters project $1.9 trillion for 2009, representing 13. 5% GDP and it is clear that it will not fall till next year. If anything, prospects facing the rest of the world are worse. The Federal Government has render the worldwide lender of final resort, providing up to $600 billion in loans of dollar r eserves to foreign central banks. The run to relative security in US treasuries has endangered exchange rates, increased risk and spreads around the world. Political and Social unrest is scattering around the periphery nations. Randall Wray considers that the US has at its sufficient policy space to decide its crisis.Mark Thoma has called for international coordinationa good thought, but one that Randall Wray panic has little political hold. Euro-land will not enlarge its economy out of fear that markets will run governments debts. All sorts of explanations preferred for the reason of the crisis lax regulation and omission, growth of inequality that uplift households to borrow to support spending, greed and irrational enthusiasm, and extreme global liquidityspurred by easy money policy in the US and by US current account deficits said to flood lamp the world with lots of dollars.Hyman Minskys work has enjoyed extraordinary interest, with many calling this a Minsky Moment. R. Wray calls it the Minsky half-century in recognition and its seeds of crisis were planted 50 years ago. A paper from the impose Economics Institute of Bard College confirms that money manager capitalism is the basic cause of current global financial crisis. The current stage of capitalism is dominated by highly leveraged funds seeking maximum returns in an environment that systematically under-prices risk.We must return to a more sensible model, with enhanced supervising of financial institutions and with a financial structure that promotes stability rather than speculation ( Randall Wray,2009). Conclusion As it known economists always focused on the degree and does not like government control over markets (laissez faire), which mean no interference of government in market policy and as well as on private property rights, while on the side most of political economists focused on private property, wage labor , class and power relations.Its clear that there is a general statement that c apitalism encourages economic growth. The recent collapse of the global economy puts before us a serious question such as Is current economic understanding fundamentally sound, needing only slight correctives, or has it reached its restrictions, requiring fundamental rethinking? American economic thinking for the last 35 year has been a hijacking of the evolutionary growth of capitalism that could offer sustainable economics. If we see large part of capitalism is determined by monopoly.The term monopoly has always been a feature of capitalism and capitalist competition presumes monopoly. This capitalist competition has further led to the centralization and concentration. Even Alexander Gerschenkron 1962 spy that rising countries are tended to became reliant on institutional arrangements rather than a market, especially in finance and industrialization. Japan growth depends on central bank-based finance in which bank play important role in capital formation with keiretsu groups. Ref erences- Baran Sweezy, Monopoly Capital. available at http//skeptically.org/socialism/id13. html, accessed at May 25,2010. Boaz, David. 2005. Defining an will power Society. www. cato. org/special/ownership_society/boaz. html, accessed at May 25,2010. Borger, Julian. 2005. Hurricane aid used to test out right-wing social policies, The Guardian UK, 22 September. , accessed at May 25,2010. Bernanke, Ben S. , The Great substitute, speech given at the meetings of the Eastern Economics Association, Washington, DC, February 20, 2004 www. federalreserve. gov/Boarddocs/Speeches/2004/20040220/default. htm, accessed at May 25,2010. Black, William.2005. The Best Way to Rob a Bank is to Own One, Austin Tx University of Texas at Austin, accessed at May 25,2010. Cassidy, John. The Minsky moment, The New Yorker, Feb 4, 2008, www. newyorker. com, accessed at May 25,2010. McCulley, Paul, Saving Capitalist Banking from Itself,available at www. investorsinsight. com/ /saving-capitalist-banking, ac cessed at May 25,2010. Mattick, Paul,Chapter 4 On the Concept of State-Monopoly Capitalism,Available at http//libcom. org/library/economics-politics-and-the-age-of-inflation-mattick-four, accessed at May 25,2010.Ozawa, Seiji, The rise and fall of bank-loan capitalism institutionally driven growth and crisis in Japan Journal of Economic Issues, (June 1999),available at http//findarticles. com/p/articles/mi_qa5437/is_2_33/ai_n28733724/? tag=contentcol1, accessed at May 25,2010. Wray L. R. ,The Death of Money Manager Capitalism? ,(April 15, 2009). Available at tpmcafe. talkingpointsmemo. com/ /the_death_of_money_manager_capitalism, accessed at May 25,2010. Wray L. R. ,Money Manager Capitalism and the world-wide Financial Crisis (September 2009),available at http//www. levyinstitute. org/pubs/wp_578. pdf, accessed at May 25,2010.

How Christians put there believe of helping others into practise Essay Example for Free

How Christians put there believe of dower others into practise EssayHelping others is a ample part of being a Christian. One of the commandments is Love thy neighbour so many Christians do what they can to help.Charities are a popular way of helping the poor. Both Christian and non-Christian charities provide a wide range of help for the poor and needy.Christian Aid was castigate up in Britain and Ireland at the check of the Second World War. Its main aims were to improve the quality of peoples bulge outlasts, particularly those of refugees who were struggling to cope with the aftermath of World War Two. It also funded Churches to help repair prostitute caused by the war. last Christian Aids excogitate started to involve other countries. It now has an income of approximately 40 million a year, and there are 40 churches in the United Kingdom and Ireland who are part of Christian Aid. Most of the money, which they make through door-to-door collections and donations from members of the public and various churches, is put towards development work to help people in the long term.There are many other Christian charities that help in different ways. The Church of England Childrens society helps children in need. The Hospice Movement helps terminally ill people live out there life in a relaxed, caring environment making the experience less(prenominal) stressful for the patient and the patients family.Another famous Christian organisation is the Samaritans which was set up by Chad Varah, a priest. Chad Varah set up this organisation because horrified to recuperate out that 3 suicides took place every day in London. He believed that the best way to help someone who was contemplating committing suicide was to talk to them. He set up a phone in his church and advertised locally for advice for people who were feeling suicidal. Now The Samaritans deal with 2 250 000 calls a yearSir gutter Templeton is a famous charitable Christian. He grew up in a poor famil y on a farm in Tennessee. He was educated at both Yale and Oxford University and he became a financial consultant in New York. Throughout his life he gave 10% of his earnings (a process called tithing) to help the poor. Eventually he became very wealthy running a multimillion dollar investment company, where he successfully managed funds for over two million people man wide. In 1972 he started the Templeton prize to be awarded for progress in religion. The Templeton prize is now worth more than the Noble Peace Prize. Fifteen years ulterior he was knighted for services in philanthropy. In 1992, he sold his investment company for $400 million. He still gives money to support projects around the world.George Macleod is some other famous charitable Christian. In 1938 he set up a Christian community on Iona, an island off of Scotland. He found volunteers to learn building, pitfall masonry and carpentry skills and together they rebuilt Ionas ruined abbey. After that he opened a centre to provide shelter for young people from across the world to live in a community. The people of this community cook, clean, garden and work away. When they are not working they pray. The people who live there feel it is better for everyone to dole out and live in a close community than be rich and not.Oscar Romero was born in 1917. He became Archbishop of El Salvador in 1977. When he took his post his entry encouraged the corrupt authorities to take advantage and step up there reign of terror against the church priests were murdered and tortured. When he witnessed the murder of a particular priest Romero began to think differently. He began to speak out against the government in his sermons. In March 1980 he was shot while speaking out against the government in a hospital chapel. He is seen as a great martyr, who took the greatest sacrifice for what he believed in.