Free Essays on The Gallipoli Campaign

The Gallipoli Campaign The Gallipoli Campaign began in early 1915, set off to open up the straits known as the Dardanelle’s so that communication and supplies could be easily exchanged with Russia. This trade route was a very prized by the Turks; however, they were far from ready when the first British-French fleet was mobilized. On February 19th 1915, the British-French military began bombardment of the Turkish forts at the entrance to the Dardanelle’s. Later, on March 18th, the naval fleet began forcing the narrows. A well-placed Turkish minefield cause 3 lost battleships and the lives of over 2000 men. Unknown to the Admiral in charge of the fleet, the Turkish defenses are on the verge of collapse but Admiral de Robeck orders a retreat. Upon the allied powers’ retreat, the Turkish forces ‘dug’ themselves in, preparing for another assault. This assault came on April 25. The forces used in this incursion consisted of Australian, New Zealand, French and Indian troops. The plan called for a landing on the peninsula with a moderate amount of forces and pushing inland, hopefully all the way to Istanbul. During the peninsula landing, the allied forces incurred terrible losses, even before beginning to fight. The battle lasted for months and was heavily one sided. The allied powers had simply not sent enough troops after blowing their surprise attack earlier in the year. The Russians, who had suggested the forcing of the Dardanelle’s, were expected to arrive at Bosphorus but this was prevented by a very strategically planned attack on Gorlice, leaving the allied army in a state of peril. The campaign continued into November with the allied forces suffering further casualties until the rem aining troops were evacuated in December 1915. The Gallipoli Campaign was credited as a failure in design, discrediting all amphibious operations for the rest of the war, instead of a failure in execution that it obvi... Free Essays on The Gallipoli Campaign Free Essays on The Gallipoli Campaign The Gallipoli Campaign The Gallipoli Campaign began in early 1915, set off to open up the straits known as the Dardanelle’s so that communication and supplies could be easily exchanged with Russia. This trade route was a very prized by the Turks; however, they were far from ready when the first British-French fleet was mobilized. On February 19th 1915, the British-French military began bombardment of the Turkish forts at the entrance to the Dardanelle’s. Later, on March 18th, the naval fleet began forcing the narrows. A well-placed Turkish minefield cause 3 lost battleships and the lives of over 2000 men. Unknown to the Admiral in charge of the fleet, the Turkish defenses are on the verge of collapse but Admiral de Robeck orders a retreat. Upon the allied powers’ retreat, the Turkish forces ‘dug’ themselves in, preparing for another assault. This assault came on April 25. The forces used in this incursion consisted of Australian, New Zealand, French and Indian troops. The plan called for a landing on the peninsula with a moderate amount of forces and pushing inland, hopefully all the way to Istanbul. During the peninsula landing, the allied forces incurred terrible losses, even before beginning to fight. The battle lasted for months and was heavily one sided. The allied powers had simply not sent enough troops after blowing their surprise attack earlier in the year. The Russians, who had suggested the forcing of the Dardanelle’s, were expected to arrive at Bosphorus but this was prevented by a very strategically planned attack on Gorlice, leaving the allied army in a state of peril. The campaign continued into November with the allied forces suffering further casualties until the rem aining troops were evacuated in December 1915. The Gallipoli Campaign was credited as a failure in design, discrediting all amphibious operations for the rest of the war, instead of a failure in execution that it obvi...

The 10 Biggest Mistakes of Unsuccessful People

The 10 Biggest Mistakes of Unsuccessful People Sometimes being successful is a simple matter of not being unsuccessful- not making the kind of blunders and mistakes that unsuccessful people make. If it’s too daunting to try and mimic someone else’s success, try simply avoiding other people’s failures. Here are 10 traits that describe people who rarely, if ever, get ahead. If one or two of these sound like you, see if you can tweak your habits. If you’re guilty of more than half, you’ve got problems, but at least you’ll know what needs to change!1. They’re  prone to distractionIf you can’t focus on the task, problem, situation, or conversation at hand, you’re going to fail at something, sooner or later. Don’t pick up your phone in the middle of a meeting. Don’t start checking Facebook when you should be finishing that report. Single-task until you get a single thing done. Then do the next thing.2. They’re  all talkSure you’ve got great p otential, lofty goals. Do yourself a favor and don’t broadcast them. Try keeping your cards closer to your chest. What you can broadcast is meeting those goals or achieving that success. Share when you’ve done something, not just when you’ve decided to think about doing something.3. They’re bad companyIf you want to be successful, hang out with successful people. If you want to get in shape, hang out with people who value fitness. Sometimes it really does matter who your friends are.4.  They’re always negativeDon’t be a hater. And don’t let small day-to-day annoyances get you so down that you become that person that’s always complaining. Try to accentuate the positive, even in sucky situations.5. They procrastinateDon’t delay doing anything unless you’re certain you could do it better if you did it later. Otherwise, you’re just stalling. Get it done.6. They don’t listenYou’re not the only on e in the world. And your success is not the only important thing in the world. Listen to the people you love, and they will love you back. Spread the love around.7. They’re lazyThere’s a difference between being tired and being a blob. Try to make sure you’re not constantly talking yourself out of doing things (work, going to the movies, exercise, helping a friend) because you just don’t feel like it, rather than a legitimate excuse. Try to always be doing something better with your free time.8.  They don’t want to learnThe day you stop learning is the day you fail forever. Keep an open mind about the things you don’t know, and keep pushing yourself. Be humble in the face of a world full of new information- and let some of it inspire you to greatness. Hard work is good for you.9. They’re just  meanPlenty of not nice people make it to the top. That doesn’t mean you will. Not being nice means you will acquire enemies, rather than allies. Be kind. Make friends.10. They’re quittersIf you give up, then, well, you don’t deserve success. Next time you hit a roadblock, try running through this list and see if there’s anything more constructive you could be doing- learning something new, making an ally, thinking positively, then find your way around the roadblock and keep going forward.

Sexual Pressure by Peers Essay Example | Topics and Well Written Essays - 2250 words

Sexual Pressure by Peers - Essay Example The 2003 survey of the Kaiser Family Foundation gives one a picture of the youths’ attitude on sex, contacting sexually transmitted diseases, and unwanted/unexpected pregnancy (Stone 2004). Numerous adolescents, especially boys, feel peer pressure to have sex before they are ready (Auerback 1994). The survey also gave a report that boys mention drugs and alcohol are conveyors of sexual activities, often without the use of protection such as condom. One out three adolescent males aged 15-17 says that yes, he can sense the pressure to already engage in sexual activities, while one out of five females of the same age bracket says the same thing (Stone 2004). Their friend’s influence for them to drink was high equally for both boys and girls; pressure to take addicting substances has about the same rate with pressure to have sex, according to the survey. Finally, a total of 63 percent of adolescents surveyed (aged 15-17) agreed either strongly or somewhat that "waiting to have sex is a good thing but nobody really does this." Surprisingly, 6 percent of the boys said they are ‘more likely to say so’. Promiscuous, irresponsible sexual activity is the world’s main cause of HIV epidemic. A surprising average of two young individuals per hour per day gets the HIV virus. Half of everyday’s recorded HIV cases worldwide are young people under the age of 25. HIV/ AIDS are spreading at alarming rate and are costing billions of dollars to prevent or eradicate. It has also claimed millions of lives (Hasida 2003).

The Continuum from Legitimacy to Fraud Dissertation

The Continuum from Legitimacy to Fraud - Dissertation Example With the purpose of satisfying the data requirements of the proposed study, two types of data collection procedures, which include primary data and secondary data, will be taken into account. The primary method of data collection to be implemented in this proposed study comprises interviews and surveys. In this context, interviews and surveys will be conducted on managers and stakeholders for collecting primary data in this proposed study. On the other hand, the secondary data planned to be collected from various secondary sources in this proposed study will include journals, books, and other online sources. This proposed research will emphasize the study of earning management. Earning management is identified as a practice executed by managers to modify the financial stance of the earning entity, depicting misrepresented financial information during the unsatisfactory performance of a company. In this respect, the proposed study will be executed with the aim of determining the vario us differences and linkages amid earning management and fraud. In the process to attain the determined aim, the proposed study will depict the dimensions and aspects of earning management. Accordingly, a quantitative research approach will be adopted on the basis of which, the data collected will be analyzed with charts and graphs. It is expected that from the findings of the proposed study, the procedure on the basis of which earning management leads to fraudulent practices can be revealed evidently.... On the other hand, fraud is unaccepted under the principles of GAAP being explained as the procedure of misrepresenting data and information presented to stakeholders and investors of the company. Kassem (2012) contextually stated that earning management may be accepted under the principles of GAAP, but it may affect stock price as well as integrity of a company leading to non-transparency of financial information. As stated by Kassem (2012), management of a company may adopt earning management in providing misrepresented financial information in order to misguide stakeholders and investors during the failure of the company (Tangjitprom, 2013; Kassem, 2012). Earning Management is a form of Fraud According to Leuz, Nanda & Wysocki (2003), earning management is used by management of a company to adopt fraudulent practices for their benefits at the expense of stakeholders’, investors’ and others’ interests who are dependable on the performance of the company. In thi s perspective, when stakeholders and investors detect that management of a company has adopted earning management, the stakeholders are eligible to take adequate disciplinary and legal measures against the occurrence of the mismanagement (Leuz, Nanda & Wysocki, 2003). In a similar perspective, Saanoun, Riahi & Arab (2013) have stated that managers may be adopting earning management in order to obtain private benefits and revealing false financial information and reports to stakeholders and investors. Correspondingly, earning management is recognized as an unethical practice in business by stakeholders and investors, which can certainly hamper the confidence of stakeholders and investors among others to a significant extent (Saanoun, Riahi & Arab,

Feasibility of Telehealth Essay Example for Free

Feasibility of Telehealth Essay Health is a vital aspect of life, which is why it is important to have an access to different health care services. The world’s population is rising radically every year; thus, the demand for quality health care services also increases. With the application of modern technology the health system has been able to accommodate this demand in many countries through the implementation of Telehealth. In Canada, accessibility and distribution of health care services is influenced by aspects like large landmass, population concentration and economy and (Sevean, et. al., 2008). The feasibility of Telehealth as an instrument for delivering health care services in Canada will be discussed in this paper, focusing on four key themes: service to rural areas, cost effectiveness, responsiveness and ease of access that will be tackled consecutively. The first paragraph after the introduction aims to give an overview on what and how Telehealth works in Canada. Central to the arguments presented in this paper is the pros of using Telehealth by means of telecommunication technologies as a substitute to the actual patient-to-health care provider interaction. Telehealth is defined by Health Canada (2000) as â€Å"the application of telecommunications and information technology to the delivery of health care and health-related services and information over large and small distances†. It is basically divided into two distinct parts: the technology being used and the persons (patient or health care provider) (Thede, 2001, para. 2). Telehealth according to Prinz, Cramer, and Englund uses four modes of telecommunication: voice-only or telephone, video images or exchange of information through digital pictures, and virtual contract or video conferencing (Background section, para. 4). Included in the Telehealth Ontario service is a contact number that you can Canadians can call 24 hours a day seven days a week. In consulting the health care provider through phone, once on the line, the health care provider, usually registered nurse, will asks the person on the other line to describe his or her health concern, the nurse will then evaluate the person’s condition and will help him or her to determine the best option available for him or her; whether to go see a doctor, admit himself or herself in an emergency room, the nurse can also advise self-care (Ontario Ministry of Health and Long-term Care, 2009). Telehealth has already been incorporated in almost every medical field like Pediatrics, Psychiatry, Cardiology, Radiology and Oncology providing accuracy and more services to people. Telehealth aims to elevate the serviceability of health system by providing access for people who has a health concern anytime of any day anywhere. Telehealth provides better health service for people living in the rural areas. Canada has a large landmass with bodies of water surrounding it. The population is not equally distributed, most Canadians live in urban areas, and some smaller communities are located at rural areas and the Aboriginals mostly live in small isolated areas. In the study they conducted in 2008, Sevean, Dampier, Spadoni, Strickland and, Pilatzke found out that Canadians who live in smaller isolated community do not have an access to a quality health care because even though Canada has an excellent health services most of these health services centered on the urban areas and that is a lso why most health care professionals favor working on urban areas resulting to a shortage of health care professionals in the rural areas. In addition, specific services might only be available to large hospitals that are mostly located on big cities, forcing people in isolated communities to travel miles by land, water or air to get the medical help they need. Most road conditions in the rural areas are undeveloped increasing their inconvenience. Also, weather condition is also a great consideration in accessing health care, air and sea travel is usually cancelled during storms most roads are also inaccessible when there is a strong downpour of snow. Unavailability of help during emergencies results in fatality especially in the northern Aboriginal communities (Sevean et. al, 2008). By improving the access of health care for rural access it also decreases the mortality rate. Telehealth is designed to reduce the cost associated with the delivery of health care without compromising on the quality. Treatments and medications can be costly depending on the type and intervals plus the extra inconvenience associated with it such as travelling costs, hospital accommodations, stress, and physical limitations (Sevean et al., 2008). Included in the patient’s bill in the hospital is the room accommodation, the longer they stay at the hospital the more they have to pay. Through Telehealth, patients who underwent surgeries or had suffered illnesses have the option to check-out early and continue the recovery in their own homes; thus, lessening the costs of their hospitalization. As mentioned earlier, people who live in small isolated communities have to travel kilometers to miles in order for them to meet with their health practitioner on the cities to get medical attention or follow-up from post-recovery, through telehealth they are able to save on transportation, gas mileage and other extra expenses like parking fee. Moreover, Saqui et al, (2011) argued that telehealth consultation decreases morbidity, prevent unnecessary suboptimal costly treatment, patient transfers and travelling cost when a change in the diagnosis and treatment plan occur (Discussion Section, para. 2) Through videoconferencing, Telehealth are able to give immediate diagnosis for a patient who needs urgent care (Saqui et al., 2011). A lot of effort is involve before a patient co uld meet with his or her doctor such as making an appointment, sorting his or her schedule and so on and so forth. By the time the person with health concern meets with his or her doctor the illness might already aggravated; consequently, the health care system through Telehealth provides a quicker and more efficient way on determining the type and seriousness of the patients and illness without leaving the comfort of their homes. By contacting Telehealth as soon as a person notices some irregularities in the person’s normal body functions that indicates that he may or may not be ill, enable that person who called to act immediately preventing the illness from advancing any further or on the other hand be reassured that there’s nothing to worry about. Furthermore, Telehealth also made the monitoring on recovering patients at their homes faster, the registered nurse in-charge of monitoring the patient can guide the patient in his recovery process through a streaming media. Any concerns that may arise in the recovery process can be solved a lot quicker, the patient can leave a message or phoned and the health care provider will respond to it as soon as possible stating the fact that Telehealth service is available 24 hours a day. Moscovice and Rosenblalt (2000) that the quality of health care cannot be measured by the morbidity and mortality rates, but by the ability of the health care provider to recognize and respond to their patient immediately. One thing that proves that Telehealth is feasible in improving the delivery of health-care is its acceptability. Although Telehealth is designed mostly to cater the health care needs of people living in the rural areas and isolated communities, according to Health Canada, Telehealth service has been extended to the impoverished, the socially disadvantaged, ‘the institutionalized’ and the urban and suburban households has been added recently. The Telehealth system is tailored to improve enhance the access of the clients and their families to the health system in regards to their location, gender, age and condition. Prinz et. al, identify age as a barrier that create health discrepancy because of the limited access to health care, ‘home bound status’ and issues on transportation which is why in older patients, a branch of Telehealth called Telemonitoring is being used to provide an immediate respond in case of emergency, to allow them to stay at their homes, to lessen the risk for accidents and ‘to delay the institutionalization ( Pruski and Knops, 2005). This branch of telehealth has been proven to improve the elder’s quality of life, making the task of the caregiver easier, and lessen the elder’s admission to the hospital. The high acceptability of Telehealth comes from its ability to provide maximum support not only for the patients but also for their families. The clients feel secured because they are in a familiar environment where their families could assist them. Moreover, Telehealth has been proven to lessen the stress involve in the health care process especially for the patients with disabilities because of the reduced waiting time, omitting the need for transportation. In 2005, 100 % of the respondents in the Pediatric Surgical Telehealth Clinics survey conducted by Miller and Levesque indicated that they are satisfied in the service of Telehealth and would recommend it to others (Sevean et. al, 2008). Conclusion The four key themes of Telehealth discussed above: service to rural areas, cost effectiveness, responsiveness, and ease of access and acceptability, and the description on how Telehealth works illustrate its feasibility in delivering the health care the clients need and the advantages of using Telehealth versus the traditional way of patient-to-health care practitioners. Telehealth provides better health care services in the rural areas and isolated communities, it also lessen the cost of access to health care by decreasing the need to travel and other expenses, in addition Telehealth also provides an immediate feedback to the client or patient that is important during emergency, therefore decreases mortality and morbidity rate and lastly, it is designed for various ages, gender, disease to provide an ease of access and acceptability. Telehealth In conclusion is a more efficient way of delivering care to people through the use of various modern technologies; its feasibility has been proven. The health of future and current generations depends on the availability and efficient delivery of health care. References Office of Health and the Information Highway, Health Canada. (March 2000). Evaluating Telehealth ‘Solutions’ A Review and Synthesis of the Telehealth Evaluation Literature. Retrieved from: http://www.hc-sc.gc.ca/hcs-sss/pubs/ehealth-esante/2000-tele- eval/index-eng.php Ontario Ministry of Health and Long-term Care. (2009). Telehealth Program.-Ministry Program-Public Information. Retrieved from: http://www.health.gov.on.ca/en/public/programs/telehealth/ Prinz, L., Cramer, M., Englund, A. (July-August 2008). Telehealth: A policy analysis for quality, impact on patient outcomes, and political feasibility. Nursing Outlook. 56(4), 152-158. Retrieved from: http://www.sciencedirect.com/science/article/pii/S0029655408000456 Saqui O, Chang A, McGonigle S, Purdy B, Fairholm L, Baun M, Yeung M, Rossos P, Allard J. (2007). Telehealth videoconferencing: Improving home parental nutrition parent care to rural areas of Ontario, Canada. Journal of Parenteral and Enteral Nutrition. 31(3), 234-239. Retrieved from: www.ncbi.nlm.nih.gov/pubmed/17463150 Sevean P, Dampier S, Spadoni M, Strickland S, Pilatzke S. (2009). Patients and families experiences with video telehealth in rural/remote communities in Northern Canada. Journal of Clinical Nursing. 18(1), 2573-2579. Retrieved from: http://www.ncbi.nlm.nih.gov/pubmed/19694885 Thede, Linda Q. (2001). Overview and Summary: Telehealth: Promise Or Peril?†. Online Journal of Issues in Nursing. 6(30). Retrieved from: www.nursingworld.org/MainMenuCategories/ANAMarketplace/ANAPeriodicals/OJIN/TableofContents/Volume62001/No3Sept01/TelehealthOverview.aspx Vincent, C., Reinharz, D., Deaudelin, I., Garcieau, M. (2005).Why some Health Care Professionals Adopt Telemonitoring and Others Not?. In Pruski, A. Knops, H (Eds.). Assistive Technology: From Virtuality to Reality. Amsterdam, Netherlands: IOS Press

The Sotah Ritual in Ancient Israel Essay -- Book of Numbers Religion I

The Sotah Ritual in Ancient Israel Introduction   Ã‚  Ã‚  Ã‚  Ã‚  The ritual of the sotah from the book of Numbers is a fascinating passage to read in the Hebrew Bible. For one thing, this ritual deals with the idea of a man being able to bring his wife to trial, even if he has no evidence against her. While such an instance might be seen as negative treatment of women, others might explain it as the Israelites’ constant concern over the idea of impurity. Another interesting aspect of the sotah rite is that it is the only example of an ordeal similar to those practiced in other cultures of the Ancient Near East. While other ordeals are told mostly in story form, Num. 5:11-31 is the only instance in which the actual process of an ordeal is laid out point by point. Finally, the ritual merits attention due to its continued practice even after the Temple was destroyed, as is depicted in the Talmud. These reasons and more are evidence as to why this small 20 verse passage has been subject to such scrutiny and study over the co urse of the years. Adultery in the Hebrew Bible The ritual for the â€Å"errant woman† in Numbers 5:11-31 is only one of many instances in the Old Testament that deals with the crime of adultery. The crime is described throughout the books in the Hebrew Bible, such as Genesis 20:6, Lev. 18:20, Ezek. 18:6, Ps. 51:6, and Mal. 3:5. A variety of texts discuss the evil of adultery. The Israelites held the act in such harsh light, that a commandment against committing adultery is found in the Decalogue. This certainly indicates that extra-martial affairs were viewed in a severe manner. In the Hebrew Bible, adultery is considered a capital crime, punishable by the population stoning the adulterous wife and her lover to death. Deut. 22:20 commands this communal punishment in order to â€Å"sweep away evil from Israel.† The question remains as to why this crime was considered to be such a transgression. Several explanations exist to account for the seriousness of the crime. A significant aspect of life in the Ancient Near East was the importance of the family line. One of the most frightening ideas in the Bible is the punishment of karet, an Israelite’s being cut off from the community. This is understood as early death and childlessness, or the death of one’s descendants . Such an event could result from an unfaithful wife conceiving a son with the adulterer. I... ...der: Westview Press,  Ã‚  Ã‚  Ã‚  Ã‚  1998. McKane, William. â€Å"Poison, Trial by Ordeal, and the Cup of Wrath.† Vetus  Ã‚  Ã‚  Ã‚  Ã‚  Testamentum. Vol. XXX (1980). McKeating, Henry. â€Å"Sanctions Against Adultery in Ancient Israelite Society with Some Reflection on Methodology in the Study of Old Testament Ethics.† Journal for the Study  Ã‚  Ã‚  Ã‚  Ã‚  of the OldTestament. Vol. XVII (Mar. 1979). Milgrom, Jacob. â€Å"A Husband’s Pride, A Man’s Prejudice: The Public Ordeal†¦Ã¢â‚¬  Bible  Ã‚  Ã‚  Ã‚  Ã‚  Review. Vol. XII. (Aug. 1996). Morgenstern, Julian. â€Å"Trial By Ordeal Among the Semites and in Ancient Israel.†Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Hebrew Union College Annual. Vol. II, (1925). Neusner, Jacob. The Talmud of the Land of Israel: An Academic Commentary to 2nd, 3rd, and 4th Divisions, Atlanta: Scholar’s Press, 1998. -----------------. The Talmud of the Land of Israel: A Complete Outline of the 2nd, 3rd, and  Ã‚  Ã‚  Ã‚  Ã‚  4th Divisions, Atlanta: Scholar’s Press, 1998. Pardee, Dennis. â€Å"Marim in Num. 5.† Vetus Testamentum. Vol. XXXI (1985). Phillips, Andrew. â€Å"Another Look at Adultery.† Journal for the Study of the Old   Ã‚  Ã‚  Ã‚  Ã‚  Testament. Vol. XX (July, 1981). Sasson, Jack M. â€Å"Num. 5 and the Waters of Judgment.† Biblische Zeifschrift. Vol. XIV  Ã‚  Ã‚  Ã‚  Ã‚  (1972).

Compare and Contrast the Response of Economic Policymakers to the Great Depression of the 1930’s and the Great Financial Crisis Today.

David Pattinson ‘Industrialisation, Imperialism and Globalisation: The World Economy since 1800’ Professor John Singleton Compare and contrast the response of economic policymakers to the Great Depression of the 1930’s and the Great Financial Crisis today. Essay 2 10/1/13 Word count: 2,299 The financial crisis that began in 2007-8 was the first time since the 1930’s that both the major European countries and the US had been involved in a financial crisis.com/financial-statements-2/">Financial StatementsIn comparison, the disastrous 1931 banking crisis involved countries that accounted for 55. 6 per cent of world GDP, whereas the banking crisis of 2007-8 only involved countries that accounted for 33. 5 per cent of world GDP. Though, all the key economic variables fell at a faster rate during the first year of the later crisis. Keynes had argued in 1931 that ‘there is a possibility that when this crisis is looked back upon by the economic historian of t he future it will be seen to mark one the major turning points. ’ Keynes was correct.As a result of the lessons that were learned, policy in response to the Great Financial Crisis has contrasted sharply with policy during the Great Depression era. I will examine how national policy responses and international co-operation have differed, as well as highlighting how in creating the Euro, policymakers have unwittingly replicated many of the structural weaknesses of the Gold Standard. I will also consider how policy in the recovery phase has so far compared to policy during the recovery from the Great Depression.The Great Depression was marked by bank failures. A total of 9,096 banks failed between 1930 and 1933 amounting to 2. 0% of GDP. Friedman and Schwartz highlight the failure to increase the money supply whilst liquidity was tight as the primary cause. Bordo and Landon-Lane provide econometric analysis using examiners’ reports on failed banks that support this argume nt. Epstein and Ferguson have suggested that Federal Reserve officials understood that monetary conditions were tight but believed that a contraction was a necessary corrective. The otion that governments should ‘let nature take its course’ formed a central pillar of the contemporary economic orthodoxy. However, other economic historians have pointed out that Federal officials believed that monetary policy was actually loose, due to them conflating low nominal interest rates with low real interest rates (which were high as a result of deflation). Wicker argues that Federal Reserve officials feared that open market purchases would renew gold outflow by bring into question the Federal Reserve’s commitment to maintaining gold convertibility.When faced with a policy choice the Federal Reserve always opted to support the Gold Standard. Rather than shore up the battered banking system, the Federal Reserve raised interest rates during late 1931 and the winter of 1932-3 to protect the dollar from speculation in order to halt gold losses. Regardless of the deficiencies of Federal Reserve policy, the US entered the 1930’s with a poorly regulated banking system that was undercapitalised and based on unit banking. Calomiris and Mason argue that eventually, banking collapse would have been inevitable.In general, economists argue that the depth of the downturn is explained by the monetary shocks interacting with the dramatic falls in demand (that emanated from the collapse in investment and consumption). Loss of income and uncertain employment conditions combined to undermine consumer spending, whilst there was little incentive to invest while prices were falling. Deflation also increased the burden of existing debt. Fiscal policy did not fill the gap in demand as belief in the Gold Standard and balanced budgets prevailed.A coherent theoretical justification for expansionary fiscal policy was absent from the contemporary economic discourse. Expans ionary fiscal policy remained unused, even after states left the Gold Standard. In Europe, fears of inflation weighed heavy on the minds of policymakers. The dominant view in Washington was that over-production was responsible for the crisis. Consequently, the New Deal spending was funded by tax increases. Roosevelt concentrated on limiting competition, sharing work and promoting high wages in order to increase purchasing power.Cole and Ohanian argue that these policies undermined the recovery by raising real wages and unemployment. The consensus view is that, by subordinating monetary and fiscal policy towards maintaining gold parity, the Gold Standard transmitted the crisis to the rest of the world. The return to the Gold Standard, after the First World War, was unbalanced. Countries such as France and Belgium joined at exchange rates that were well below their 1913 levels which gave them a substantial competitive advantage. Conversely, after a deflationary squeeze, the UK re-join ed at its 1913 exchange rates, leaving the sterling over-valued.The US and France exasperated the problem, by sterilising (so not to inflate the money supply) the gold that they accumulated (sixty per cent of the world’s gold supply by 1928). The lack of reserves forced many countries into further deflation. The world economy could only be kept going by the US economy continuing to absorb imports and provide international lending to cover gold shortages. By 1928, the US proved unwilling to do the latter and was eventually unable to do the former. During the depression, this austerity debilitated economies and resulted in banking collapses, notably in Germany and Austria.In response to the systemic threat posed by the imminent German banking collapse, the nations in a position to offer assistance acted unilaterally. President Hoover proposed a one year moratorium on reparations and war debt. The French, furious at the lack of consultation opposed the measure, believing that th ey lost more than they gained. Instead, they made an offer of help to the Germans that attached political conditions that made it impossible for the Germans to accept. Ultimately, international co-operation proved impossible as states that were able to help were unwilling to risk their own privileged positions.Between 1929 and 1932, the volume of world trade fell by 25%, about half of which was due to higher trade barriers. The Smoot-Hawley Act in 1930 is often cited as the genesis of protectionist policies, but Irwin points out that the protectionist avalanche did not begin until the world financial crisis struck in 1931. Irwin locates the incipience of this round of protectionism in the ‘open economy trilemma’ which limits countries to choosing two of three objectives: a fixed exchange rate, an independent monetary policy, and open trade policies.In attempting to marry membership of the Gold Standard with independent monetary policy, policymakers adopted protectionist measures. Countries that maintained gold parity such as France and Switzerland used import quotas on 50-60% of their imports. Whereas, the Sterling block countries which allowed their currencies to devalue, only used import quotas on 5-10% of their imports. In the wake of the financial meltdown, policymakers in the US attempted significant banking reform with the Emergency Banking Act in 1933 followed by the Banking Acts of 1933 and 1935. Deposit insurance was created, and it brought an end to bank runs.The Reconstruction Finance Corporation was formed to provide capital to banks. It was successful to the extent that it owned stock in nearly half of all commercial banks by March 1934. Investment and commercial banking were separated, though White has provided evidence that banks that engaged in both commercial and investment banking were better diversified and were less likely to fail than banks that specialised in just one area. Calomiris also sees the legislation as flawed, as it preserved unit banking, which was a major source of instability in the banking system.The Great Depression altered economic thinking and policy. Hannah and Temin argue that it led to an emphasis on correcting market failures through government intervention. Federal spending rose, and inter-state transfers became acceptable. Though, unlike the UK, there was no move to Keynesian demand management in the US. The Great Depression also left a legacy in terms of the macroeconomic trilemma. Controls on international capital movements remained with the return to pegged exchange rates under the Bretton Woods Agreement which allowed independent monetary policy.Economists such as Wray have seen the policy legacy of the Great Depression as having constrained the destabilising role played by finance. Moreover, it provided the framework for an unprecedented period of prosperity after the Second World War. In response to the Great Financial Crisis, policymakers have been largely cognisant of the lessons of the 1930’s. The Federal Reserve officials of the 1930’s argued that they could not increase credit by purchasing government securities as they were not eligible as collateral.In contrast, based on Bernanke’s view that banking collapse leads to a failure of the credit allocation mechanism, the Federal Reserve combining with the Treasury created a range of extensions to its discount window to encompass every kind of collateral in the hope of unblocking the credit markets. States co-ordinated massive injections of liquidity (double digits fractions of GDP in advanced economies). The Bank of England, the Bank of Japan and the Federal Reserve undertook large scale quantitative easing. Interest rates were reduced to almost zero in the US and Britain and to very low levels in Europe and elsewhere.Governments nationalised insolvent institutions deemed ‘too big to fail’ such as Freddie Mac and Fannie Mae in the United States, BNP Paribus in France and Northern Rock in Britain. Despite China’s minimal direct exposure to the financial crisis, its response to the downturn in demand has been sweeping. Focusing on developing infrastructure it undertook a stimulus package that amounted to 14% of GDP in 2008. Keen notes that the massive amount of government spending in 2010 meant that government debt was responsible for 12% of aggregate demand in contrast to only 1. % of aggregate demand between 1930 and 1932. Furthermore, unlike the 1930’s, governments have not tried to over-ride, the now much larger, automatic stabilisers. However, the experience of the 1930’s has not effectively militated upon the policy makers of the Eurozone, where a dramatic collapse in employment and living standards has mirrored the Great Depression. Like the Gold Standard, the Euro was unbalanced from its inception as the weaker economies joined at a relatively high rate of exchange on the premise of avoiding inflation.The gap in compe titiveness has widened due to Germany suppressing nominal wages much more effectively than the rest of the Eurozone. Easy credit provided to peripheral areas by German banks created markets for German exports and saddled those areas with debt. Monetary and fiscal policy has focused on creating an international currency to rival the dollar. Consequently, monetary policy has targeted inflation through low interest rates. As monetary policy is unitary, the peripheral economies are denied the opportunity to reflate their economies.Furthermore, unlike other major advanced economies since the crisis began, the Eurozone has required that Fiscal policy be placed under tight constraints via the Fiscal Stability Pact. The retrenching of the crisis on to sovereigns has exposed a central weakness of the Eurozone project. The ECB supports banks but lacks the power to support states. Similar to the deflation that was necessary under the Gold Standard, the peripheral economies of the Eurozone are locked into a mutually reinforcing cycle of debt and austerity.Having pursued national self-interest from the euro’s inception, Vines argues Germany is unwilling to provide the hegemonic leadership that its responsibilities in Europe require of it. Though, Lapavitas et al argue that abandoning fiscal discipline would be incompatible with the avowed aim of maintaining a currency that attempts to compete with the dollar. The value of the euro would probably fall, destroying the large Eurozone banks’ ability to operate internationally. If German policy has followed narrow self-interest to the detriment of others, it has not been alone. China has held down their exchange rates over a long period of time.It is widely estimated that Chinese currency is 30% to 40% overvalued. Martin Wolf of the Financial Times has asserted that Chinese interventions to keep the exchange rate down are tantamount analytically to trade protectionism. Judging by its reserves it has ‘†¦ kept its exchange rate down to a degree unmatched in economic history. ’ States have also been quick to ‘ring-fence’ assets in their own jurisdiction. For example, the fear of the imminent collapse of the Icelandic banks led UK supervisors to resort to using the Anti-Terrorism, Crime and Security Act to ring fence Icelandic bank assets in the UK.Claessens et al point out that in general, national interventions have been uncoordinated and driven by pure national interest. However, the major international banks have co-ordinated massive injections of liquidity into the system at various points. Moreover, protectionism has not been a feature of the current crisis in the way that it was during the great depression. Research has shown that only 2% of falls in world trade in 2008-9, can be attributed to trade barriers. This can be primarily attributed to the system of flexible exchange rates, the lessons learnt from the great depression and the system of trade rules ov erseen the WTO.As of yet following the great financial crisis, there has not been significant banking reform. Attempts at co-ordinated international regulation have proved difficult. The former governor of the Bank of England Mervyn King attributes this to the heightened awareness that global banks are global in life and national in death. The draft proposals for the Basel III accords put forward some significant reforms which were ultimately watered down. Key elements such as a mandatory countercyclical capital buffer were omitted from the final agreement.Although the accords raised the minimum capital requirements, they are still held by many economists to be too low. Attempts at reform including the Dodds-Frank Act have not addressed the problem of ‘Too Big to Fail Banks’ (whose size necessitates that they be bailed out in the event of insolvency due to the systemic risk that they pose). A situation of moral hazard thereby exists where banks know they can engage in a ny risky behaviour they like. If anything should go wrong they know they will be bailed out by the state.In summary, the response to the Great Financial Crisis has differed from the Great Depression as a result of the increased understanding of macroeconomics. The scale of the policy response to the Great Financial Crisis would have been unthinkable during the Great Depression era. Despite the unprecedented response, the economic crisis that began with the financial crisis in 2007-8 is far from over and many problems remain. In the advanced economies, growth has been weak and fears of a triple dip recession persist. The Great Depression precipitated a reappraisal of policy by policymakers and resulted in considerable changes in policy.This has not happened so far to the same extent in response to the Great Financial Crisis. Many of the policy mistakes of the Great Depression have been avoided. The challenge now is to construct a macroeconomic framework that can aid the recovery and eventually facilitate a new period of economic expansion. The change in policies as a result of the Great Depression had some success in this respect. Banking regulation proved inadequate prior to both crises. In response to the Great Financial Crisis, this has yet to be rectified. This time policymakers will have to tackle the issue of ‘too big to fail’ banks.In the Eurozone, Germany has taken on the role of both the US and France during the Great Depression by failing to shore up weaker areas and by pursuing policies to the detriment of everybody else. During the Great Depression, the most important factor in the recovery was the abandonment of the Gold Standard. The countries that devalued in 1931 performed much better than those who had continued with exchange controls. The cost of reverting back to a national currency makes leaving the Euro and devaluing a less viable option for the Eurozone states. Bibliography Barrell, R. and Holland, D. ‘Monetary and Fisca l Responses to the Economic Downturn,’ National Institute Economic Review, No. 211, (Jan 2010) pp. 51-62. Bernanke, B. , ‘Nonmonetary Effects of the Financial Crises in the Propagation of the Great Depression,’ American Economic Review (June 1983), pp. 257-76. Bordo, M. and Landon-Lane, J. , ‘The banking panics in the United States in the 1930s: some lessons for today,’ Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), pp. 486–509. Calomiris, C. and Mason, J. , ‘Consequences of Bank Distress during the Great Depression,’ American Economic Review, Vol. 93, (2003a), pp. 937–47.Calomiris, C. , Monetary Policy and the Behavior of Banks: Lessons from the 1930s for the 2010s. 28th March 2011. Accessed: 16th December 2011. www. economics21. org/files/pdfs/in-depth†¦ /calomiris-spring-11. pdf Claessens, S. , Dell’Ariccia, G. , Igan, D. , and Laeven, L. , ‘Lessons and Policy Implications from the Global Fin ancial Crisis,’ IMF Working Paper, No. 14 (2010). Cole, H. and Ohanian, L. , ‘New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis,’ Federal Reserve Bank of Minneapolis Research Department, Working Paper No. 597, (July 2000). Crafts, N. nd Fearon, P. , ‘Lessons from the 1930s Great Depression,’ Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), pp. 285–317. Epstein, G. , and Ferguson, T. , ‘Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932,’ Journal of Economic History (December 1984), pp. 957-83. Fishback, P. , ‘US Monetary and Fiscal Policy in the 1930s,’ Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), pp. 385–413. Friedman, M. and Schwartz, A. , ‘A Monetary History of the United States, 1867-1960’ (Princeton: Princeton University Press, 1963).Goldstein, M. , ‘Integ rating Reform of Financial Regulation with Reform of the International Monetary System,’ Peterson Institute for International Economics, Working Paper No. 11-5 (February 2011). Irwin, D. , ‘Trade Policy Disaster: Lessons from the 1930’s’ (Cambridge: MIT Press, 2011). Kee, H. L. , Neagu, C. , and Nicita, A. , ‘Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008,’ World Bank Policy Research Working Paper No. 5274, (2010). Keen, S. , Empirical and theoretical reasons why the GFC is not behind us. 13th June 2010.Accessed: 16th December 2011. http://www. debtdeflation. com/blogs/2010/06/13/empirical-and-theoretical-reasons-why-the-gfc-is-not-behind-us/ Keynes, J. M. , ‘An Economic Analysis of Unemployment,’ From Q. Wright (ed. ), Unemployment as a World Problem, (Chicago: University of Chicago Press, 1931). Lapavitsas, C. , Kaltenbrunner, A. , Lindo, D. , Michell, J. , Painceira, J. P. , Pires, E. , Powell, J. , Stenfors, J. , and Teles, N. , ‘Eurozone crisis: beggar thyself and thy neighbour,’ Journal of Balkan and Near Eastern Studies, Vol. 12, No. 4 (2010), pp. 321-373. Hannah, L. , and Temin, P. 2010), ‘Long-term Supply-side Implications of the Great Depression,’ Oxford Review of Economic Policy, Vol. 26, No. 3, pp. 561–80 Helleiner, E. and Pagliari, S. , ‘The End of an Era in International Financial Regulation? A Postcrisis Research Agenda,’ International Organization, Vol. 65, (Winter 2011), pp. 169–200 Vines, D. , ‘The Global Macroeconomic Crisis and G20 Macroeconomic Policy Coordination,’ The Journal of Applied Economic Research, Vol. 4, No. 2, (2010) pp. 157-175. Vines, D. , ‘Fiscal Policy in the Eurozone After the Crisis,’ Paper prepared for lunchtime talk at Macro Economy Research Conference on Fiscal Policy in he Post Crisis World, (Tokyo, 16 November, 2010). Wheelock, D. , ‘Monet ary Policy in the Great Depression: What the Fed Did, and Why,’ Federal Reserve Bank of St. Louis Review, Vol. 74, No. 2, (March/April 1992) pp. 3-28. White, E. N. (1986), ‘Before the Glass–Steagall Act: An Analysis of the Investment-banking Activities of National Banks,’ Explorations in Economic History, Vol. 23, pp. 33–55. Wicker, E. , ‘Federal Reserve Monetary Policy, 1917-1933’ (Random House, 1966). Wolf, M. ,‘Why China’s Exchange Rate Policy Concerns Us,’ Financial Times (8th of December 2009)Wray, L. R. , ‘The rise and fall of money manager capitalism: a Minskian approach,’ Cambridge Journal of Economics, Vol. 33, (2009) pp. 807–828. Yu, Y. , China’s Policy Responses to the Global Financial Crisis, Richard Snape Lecture, Productivity Commission, Melbourne (25th November 2009). ——————————————– [ 1 ]. N. Crafts and P. Fearon, Lessons from the 1930s Great Depression, Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), pp. 287 [ 2 ]. J. M. Keynes, ‘An Economic Analysis of Unemployment’, from Q. Wright (ed. , Unemployment as a World Problem, (Chicago: University of Chicago Press, 1931). [ 3 ]. C. Calomiris and J. Mason, Consequences of Bank Distress during the Great Depression, American Economic Review, Vol. 93, (2003a), pp. 937–47 [ 4 ]. M. Friedman and A. Schwartz, A Monetary History of the United States, 1867-1960, (Princeton: Princeton University Press, 1963) [ 5 ]. M. Bordo and J. Landon-Lane, The Banking Panics in the United States in the 1930s: Some Lessons for Today, Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), pp. 486–509 [ 6 ]. G. Epstein and T.Ferguson, Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932, Journal of Economic History (December 1984), pp. 95 7-83. [ 7 ]. P. Fishback, US Monetary and Fiscal Policy in the 1930s, Oxford Review of Economic Policy, Vol. 26, No. 3, (2010), p. 394. [ 8 ]. E. Wicker, Federal Reserve Monetary Policy, 1917-1933, (Random House, 1966) [ 9 ]. Crafts and Fearon, Lessons from the 1930s Great Depression, p. 292 [ 10 ]. Calomiris and Mason, Consequences of Bank Distress during the Great Depression, pp. 937–47 [ 11 ].Crafts and Fearon, Lessons from the 1930s Great Depression, pp. 291-3 [ 12 ]. Fishback, US Monetary and Fiscal Policy in the 1930s, pp. 401-5 [ 13 ]. Cole and Ohanian, New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis, Federal Reserve Bank of Minneapolis Research Department, Working Paper No. 597, (July 2000), p. 41. [ 14 ]. Ibid. pp. 294-5 [ 15 ]. Crafts and Fearon, Lessons from the 1930s Great Depression, pp. 295 [ 16 ]. D. Irwin, Trade Policy Disaster: Lessons from the 1930’s, (Cambridge: MIT Press, 2011) Ch. 1 [ 17 ]. Ibid. , Ch. 4 [ 18 ].Crafts and Fearon, Lessons from the 1930s Great Depression, pp. 304-5 [ 19 ]. E. White, Before the Glass–Steagall Act: An Analysis of the Investment-banking Activities of National Banks, Explorations in Economic History, Vol. 23, (1986), pp. 33–55. [ 20 ]. C. Calomiris, Monetary Policy and the Behavior of Banks: Lessons from the 1930s for the 2010s. 28th March 2011. Accessed: 16th December 2011. www. economics21. org/files/pdfs/in-depth†¦ /calomiris-spring-11. pdf [ 21 ]. L. Hannah and P. Temin, (2010), Long-term Supply-side Implications of the Great Depression, Oxford Review of Economic Policy, Vol. 26, No. , (2010), pp. 561–80 [ 22 ]. White, Before the Glass–Steagall Act: An Analysis of the Investment-banking Activities of National Banks, pp. 33–55. [ 23 ]. L. Wray, The Rise and Fall of Money Manager Capitalism: A Minskian Approach, Cambridge Journal of Economics, Vol. 33, (2009) pp. 813 [ 24 ]. Bernanke, B. , Nonmonetary Effects of the Financial Crises in the Propagation of the Great Depression, American Economic Review (June 1983), pp. 257-76. [ 25 ]. R. Barrell and D. Holland, Monetary and Fiscal Responses to the Economic Downturn, National Institute Economic Review, No. 211, (Jan 2010) p. 56 [ 26 ]. Y.Yu, China’s Policy Responses to the Global Financial Crisis, Richard Snape Lecture, Productivity Commission, Melbourne (25th November 2009) pp. 9-10 [ 27 ]. S. Keen, Empirical and theoretical reasons why the GFC is not behind us. 13th June 2010. Accessed: 16th December 2011 [ 28 ]. C. Lapavitsas et al, Eurozone crisis: beggar thyself and thy neighbour, Journal of Balkan and Near Eastern Studies, Vol. 12, No. 4 (2010), p. 367 [ 29 ]. D. Vines, Fiscal Policy in the Eurozone After the Crisis, Paper prepared for lunchtime talk at Macro Economy Research Conference on Fiscal Policy in the Post Crisis World, (Tokyo, 16 November, 2010). 30 ]. Lapavitsas et al, Eurozone crisis: beggar thyself and thy neighbour, p. 367 [ 31 ]. D. Vines, The Global Macroeconomic Crisis and G20 Macroeconomic Policy Coordination, The Journal of Applied Economic Research, Vol. 4, No. 2, (2010) pp. 157-175 [ 32 ]. M. Wolf, Why China’s Exchange Rate Policy Concerns Us, Financial Times (8th of December 2009) [ 33 ]. S. Claessens et al, Lessons and Policy Implications from the Global Financial Crisis, IMF Working Paper, No. 14 (2010) p. 16 [ 34 ]. L. Kee et al, Is Protectionism on the Rise?Assessing National Trade Policies during the Crisis of 2008, World Bank Policy Research Working Paper No. 5274, (2010), p. 3 [ 35 ]. E. Helleiner and S. Pagliari, The End of an Era in International Financial Regulation? A Postcrisis Research Agenda, International Organization, Vol. 65, (Winter 2011), p. 184 [ 36 ]. M. Goldstein, Integrating Reform of Financial Regulation with Reform of the International Monetary System, Peterson Institute for International Economics, Working Paper No. 11-5 (February 2011), pp. 5-7. [ 37 ] . Crafts and Fearon, Lessons from the 1930s Great Depression, pp. 311

Not so Good Literature Essay

Almost half of the population of young people have read and have heard about Stephenie Meyer’s book â€Å"Twilight,† a story about Bella Swan, an average girl borne of a broken marriage and who fell in love with a vampire, Edward Cullen. The book enjoyed much hype among young school girls and some boys as well, especially those in high school. It has provided young hearts and minds with ideals of fairytale love stories and superficial view of love and sacrifice. Twilight has received much popularity, but the question of whether it is a good piece of literature or not has not been given much attention amidst all this hype. Well, let me give you the answer for this: the Twilight books are bad literature, or to fulfill the requirement of the essay, they are not good for literary study. By literature, we mean, â€Å"the class of writings distinguished for beauty of style or expression, as poetry, essays, or history, in distinction from scientific treatises and works which contain positive knowledge; belles-lettres† (Brainymedia. com). Thus, bad literature means not passing the standards of literature from its definition which provides mentions it as â€Å"a class of writings distinguished for its beauty of style or expression† (Brainymedia. com). This paper would justify why Twilight is not good literature on the level of its form: the plot, style, characters, and content: the morals and lessons in life that it can give us. Good literature presents to the readers a complex and realistic plot, a certain literary style employing good use of figurative language and imagery and non-typical original characters. These elements define literary standards which distinguish literature from other forms of written works that claim themselves to be Literature. It adds to the enjoyment of reading and upliftment of the human soul. A good book must then enlighten us with lessons that are useful for us to grow in all aspects, with characters that are positive for us all to emulate. The oldest literary critics have told us to learn how to â€Å"teach and delight† (Plato). Literature is not only there to entertain but also to enlighten human minds about the workings of this life. Books that pass up these criteria can also be shelved with the likes of Charles Dickens, Khalil Gibran, Anne Rice, C. S. Lewis, JRR Tolkien, and Pablo Neruda, to name a few (Pearl). Twilight Does not do Away with the Form Let me go over the form of the novel. That novel did not do much when it comes to plot. It is too obvious and simple: a girl meets a guy. Both belong to different worlds, and both learn to accept each other and come up with sort of a stereotyped â€Å"love against all odds† kind of a relationship. There is nothing new in this kind of story. Next, the literary style used by the author can pass up for an amateur writer’s story book. About three things I was absolutely positive: First, Edward was a vampire; Second, there was a part of him — and I didn’t know how dominant that part might be — that thirsted for my blood; And third, I was unconditionally and irrevocably in love with him. (Meyer qtd. in Goodreads Inc. ) This is a quote from Bella’s narration of Twilight. This would sound more of a giggling girl’s journal entry than that of a respected literary disciple. It is too explicit and superfluous. There are other ways to depict these thoughts. It could be by using images or situations and the like. Another alarming fact here is that Meyer had the inclination to distort archetypes in a not so refined manner. Let us take Edward Cullen as an example. He took off the typical human blood-hungry image of a vampire. It could be credited as a good idea. However, the way Meyer has transformed him into a teenybopper boy-next-door type of character is definitely out of the question. Moreover, it is somehow impossible that an inhuman character like himself can go through the process of falling in love without much justification or establishment that yes, a vampire can also love a human being. In Yahoo answers, one of the members said that â€Å"Edward just tells Bella love lines and [stares] at her, blah. † Twilight Possess Content that Does Not Hit Off to Belong to the Average Thinking Person What lesson can we learn from Twilight? Twilight raucously presents us with the concept that infatuation mistaken for love should be the center of our universe. Bella has met Edward for only quite a time, and they cannot just say that they would want to live with each other forever. It seemed that the love story has been sped up to have itself called a real love story. Bella cannot just walk up to Edward and say that she loves him given the fact that they only had little to no interaction at all when Bella arrived at Forks. What can we learn from Bella? She became a stereotyped damsel in distress who would need to depend upon Edward with her life. I am appalled at how Bella reacts especially on the thought that she will be separated from Edward. Even a Twilight fan made mention of how she did not like this portrayal of Bella as a damsel in distress, and that Bella’s character is also a bad influence among young women (Lichens). It is just a stereotyped fairytale love story. There is nothing much that we can learn from it in both love and life. Khalil Gibran speaks much about love and relationships as thus: But let there be spaces in your togetherness, And let the winds of the heavens dance between you. Love one another but make not a bond of love: Let it rather be a moving sea between the shores of your souls. Fill each other’s cup but drink not from one cup. Give your hearts, but not into each other’s keeping. For only the hand of Life can contain your hearts. And stand together, yet not too near together: For the pillars of the temple stand apart, And the oak tree and the cypress grow not in each other’s shadow. (Gibran) Love is standing strong together and not being together all the time. It is a concept too far away from what Bella Swan and Edward Cullen shared with each other. The book basically entertains with a limited readership of first-time book readers. Not everyone can take these words with ease. The book was able to deceive not a few fans but a large multitude. You can actually locate not a few but many quotes from the novel which you think might disprove my claim that the book lacks good use of figurative language, one of which is indicated right here. Nevertheless, the timeliness or relevance of these quotes was not well-established, and aside from being cliche, they seemed to have been inserted to untimely situations in the novel, and they do not seem so natural anymore. Take this quote for example: â€Å"When life offers you a dream so far beyond any of your expectations, is it not reasonable to grieve when it comes to an end? † (Meyer qtd. in Goodreads Inc. ); or this: â€Å"I’ll be back so soon you won’t have time to miss me. Look after my heart – I’ve left it with you† (Meyer qtd. in Goodreads Inc. ). One may also claim that Twilight teaches us good lessons such as being selfless and being willing to sacrifice for love. Let us throw this question back: are the sacrifices that they have made necessary? We cannot expect that the public possesses considerable amount of literariness. Even people present in literary circles hail it as the very best. First-time readers might appreciate it, but there is a strong need to reeducate and process them that there are far more useful books than Twilight. There are books that can follow literary standards and are more substantial. Let us just see how long this book can withstand the test of time and the criticisms of people in the mainstream. Works Cited BrainyMedia. com. â€Å"Definition of Literature. † BrainyQuote. com. 2009. 1 April 2009 . Gibran, Khalil. â€Å"Chapter 3: Marriage. † The Prophet. n. d. Cypress Online: The Psychic Digest. 1 April 2009 . Goodreads Inc. â€Å"Quotes by Stephenie Meyer. † Good Reads. 2009. 1 April 2009 . Lichens, S. â€Å"A Unique Book in the Trilogy — In All A Mix Between [Vastly] Disappointing and [Tragically] Romantic. † Rev. of Eclipse, by Stephenie Meyer. Amazon. com. 13 August 2007. 1 April 2009 . Plato. The Republic. Trans. Benjamin Jowett. South Australia: University of Adelaide, 2005. 1 April 2009 . Pearl, Nancy. â€Å"Book Lust. † USA: Sasquatch Books, 2003.

Ionic Radius Trends in the Periodic Table

Ionic Radius Trends in the Periodic Table The ionic radius of the elements exhibits trends in the periodic table. In general: Ionic radius increases as you move from top to bottom on the periodic table.Ionic radius decreases as you move across the periodic table, from left to right. Although ionic radius and atomic radius do not mean exactly the same thing, the trend applies to atomic radius as well as to ionic radius. Key Takeaways: Ionic Radius Trend on Periodic Table The ionic radius is half the distance between atomic ions in a crystal lattice. To find the value, ions are treated as if they were hard spheres.The size of an elements ionic radius follows a predictable trend on the periodic table.As you move down a column or group, ionic radius increases. This is because each row adds a new electron shell.Ionic radius decreases moving from left to right across a row or period. More protons are added, but the outer valence shell remains the same, so the positively charged nucleus draws in the electrons more tightly. But, for the nonmetallic elements, ionic radius increases because there are more electrons than protons.While the atomic radius follows a similar trend, ions may be larger or smaller than neutral atoms. Ionic Radius and Group Why does radius increase with higher atomic numbers in a group? As you move down a group in the periodic table, additional layers of electrons are being added, which naturally causes the ionic radius to increase as you move down the periodic table. Ionic Radius and Period It might seem counterintuitive that the size of an ion would decrease as you add more protons, neutrons, and electrons in a period, yet, theres an explanation for this. As you move across a row of period of the periodic table, the ionic radius decreases for metals forming cations, as the metals lose their outer electron orbitals. The ionic radius increases for nonmetals as the effective nuclear charge decreases due to the number of electrons exceeding the number of protons. Ionic Radius and Atomic Radius The ionic radius is different from the atomic radius of an element. Positive ions are smaller than their uncharged atoms. Negative ions are larger than their neutral atoms. Sources Pauling, L. The Nature of the Chemical Bond. 3rd ed. Cornell University Press, 1960.Wasastjerna, J. A. On the radii of ions.  Comm. Phys.-Math., Soc. Sci. Fenn.  vol. 1, no. 38, pp. 1–25, 1923.

Summer Solstice in the Northern Hemisphere

Summer Solstice in the Northern Hemisphere June 20-21 is a very important day for our planet and its relationship with the sun. June 20-21 is one of two solstices, days when the rays of the sun directly strike one of the two tropical latitude lines. June 21 marks the beginning of summer in the northern hemisphere and simultaneously heralds the beginning of winter in the southern hemisphere. In 2014, the summer solstice occurs and summer begins in the Northern Hemisphere on Friday, June 21 at 6:51 a.m. EDT, which is 10:51Â  UTC. The earth spins around its axis, an imaginary line going right through the planet between the north and south poles. The axis is tilted somewhat off the plane of the earths revolution around the sun. The tilt of the axis is 23.5 degrees; thanks to this tilt, we enjoy the four seasons. For several months of the year, one half of the earth receives more direct rays of the sun than the other half. When the axis tilts towards the sun, as it does between June and September, it is summer in the northern hemisphere but winter in the southern hemisphere. Alternatively, when the axis points away from the sun from December to March, the southern hemisphere enjoys the direct rays of the sun during their summer months. June 21 is called the summer solstice in the Northern Hemisphere and simultaneously the winter solstice in the Southern Hemisphere. Around December 21 the solstices are reversed and winter begins in the northern hemisphere. On June 21, there are 24 hours of daylight north of the Arctic Circle (66.5Â ° north of the equator) and 24 hours of darkness south of the Antarctic Circle (66.5Â ° south of the equator). The suns rays are directly overhead along the Tropic of Cancer (the latitude line at 23.5Â ° north, passing through Mexico, Saharan Africa, and India) on June 21. The Reason for Seasons Without the tilt of the earths axis, we would have no seasons. The suns rays would be directly overhead of the equator all year long. Only a slight change would occur as the earth makes its slightly elliptical orbit around the sun. The earth is furthest from the sun about July 3; this point is known as the aphelion and the earth is 94,555,000 miles away from the sun. The perihelion takes place about January 4 when the earth is a mere 91,445,000 miles from the sun. When summer occurs in a hemisphere, it is due to that hemisphere receiving more direct rays of the sun than the opposite hemisphere where it is winter. In winter, the suns energy hits the earth at oblique angles and is thus less concentrated. During spring and fall, the earths axis is pointing sideways so both hemispheres have moderate weather and the rays of the sun are directly overhead the equator. Between the Tropic of Cancer and the Tropic of Capricorn (23.5Â ° latitude south) there really are no seasons as the sun is never very low in the sky so it stays warm and humid (tropical) year-round. Only those people in the upper latitudes north and south of the tropics experience seasons.

The Economic Structure Of Trusts And Fiduciary Obligation Essay

The Economic Structure Of Trusts And Fiduciary Obligation - Essay Example The inflexibility of the no conflict rule and the no-profit rule seems hardly fair in the field where discretion requires the utmost flexibility in decision-making. The no-profit rule has also been segregated from the no conflict rule6 and the rationalization of the no-profit rule makes sense. In Swain v Law Society Oliver LJ stated that no profit rule is predicated on the distinct principle that obtaining a profit without authorization is a breach of fiduciary duties because the profit itself is actually trusted property.7 The no-profit rule is therefore not entirely inflexible as trustees may make a profit out of the trust with the proper authorization. 8 However, should a beneficiary complain of a breach of trust pursuant to the no-profit rule, it may be difficult for the trustee to claim that the profit was authorized.9 The no profit rule is intricately tied to the no conflict rule as the operation of the no conflict rule is often applied to the making of profits.10 For instance, in Industrial Development Consultants Ltd. v Cooley it was held that the trustee must account for profits made in his competing business.11 Although the ruling was obviously made pursuant to the no conflict rule, the case clearly related to making profits and thus the no-profit rule. It would, therefore, appear that the no-profit rule is ultimately unnecessary as any conduct amounting to the making of a profit can properly be dealt with under the no conflict rule. As for the no conflict rule, there is considerable debate over whether or not the rule should be stricter or more relaxed or constructed with greater flexibility.12 However, the House of Lords’ ruling in Boardman v Phipps makes it clear that the no conflict rule is strictly applied.

A Critical Discussion about British Airways and Its Entry into Central Essay - 1

A Critical Discussion about British Airways and Its Entry into Central and Eastern European markets proposal - Essay Example In aviation industry however entering new markets is not easy as airlines need a lot of permissions to fly to their preferred destinations. For domestic routes, an airline gets a national license by the regulatory authority. For international flights, the regulatory authorities of all involved countries have to permit the course and destination. For expansion purpose if an airline to operate from out of a host country, like a multinational it also has to decide a suitable entry mode. Majority of the airlines prefer equity participation in existing airlines, or through mergers and acquisitions. In this paper, the opportunities for British Airways (BA) will be studied for entering the East European Market. Earlier this market was closed but now the airlines like British airways have the option to join this market. Aims & Objectives Eastern Europe has gone through an economic policy change. It is now a free economy and thus now it is possible for the West European and other airlines to enter this market for profitable business ventures. This paper aims to research and find for British Airways a suitable market entry mode. The scope of this research will be to find the best options and to figure out the best one. Here are the aims and objectives of this research: 1. To understand Mergers and Acquisitions: Although East Europe is now a free market, however, every country has its own set of compulsions which any new entrant in the market has to face and which might act as a hurdle in establishing business in such a region. Mergers and Acquisitions can only work for the benefit of trade if both parties joining hands have common synergies. This brings us to the point where understanding Mergers and acquisition becomes very important. This is to be done especially in the light of existing political and economic conditions of the market we plan to enter. 2. To discover the cultural and knowledge base of the region to be explored to see if British airways can tackle them successfully or not. In the long run, investment in any country is not only a financial investment. The culture and environment also play their own very significant role in business success. 3. To evaluate competencies and internal strength of British Airways. This will help show if Mergers and Acquisitions or Joint ventures can be the best solution to entry in east Europe for British Airways. 4. To discover the capability of new venture to be able to merge seamlessly with the global operations of British Airways. This is to be done with special focus on technology. 5. To study customer requirements and needs in Eastern Europe where cost will act as a deciding factor. Literature Review: British Airways is targeting new markets and to enter a new market as an airline, a lot of factors are to be considered. As per (Hill et al, 1990) the four motivation factors include market seeking, resource seeking, efficiency seeking and strategic resource seeking. When the opportunities in home ma rket appear to be limited, the companies in any of the markets and industries have to look for newer options in the markets outside the home zone. On 25 August 2009 the British Airways celebrated its 90th anniversary. The origins of one of the most profitable airlines can be traced back to the birth of civil aviation, the days after the World War 1. Air travel has changed beyond one’s imagination since the first scheduled air service on 25 August 1919. The day the world’s first commercial passenger air service from Hounslow Heath, Middlesex to Paris in August 1919 by British Airways’ forerunner company Air Transport & Travel was no ordinary day. It was a historic