Finance Asian Financial Crisis

Question: Talk about the Financefor Asian Financial Crisis. Answer: Arrangement: The Asian money related emergency happened in 1997-98 gave important exercises which are as per the following: There is a need to get obligation as far as outside monetary standards at low level as overborrowing in remote monetary forms brings about the event of budgetary emergency. This has prompted low outside obligation to GDP proportion and low corporate transient outer obligation. In this way it is fitting to the organizations to hold obligation regarding outside monetary standards at low level. What's more, the budgetary emergency of Asia likewise brings about the arrangement of adaptability in the Asian monetary standards. The fundamental purpose for it is that the money related emergency happened because of loss of estimation of different Asian monetary standards to half during the budgetary emergency (Wolf, 2007). What's more, numerous Asian nations have compelled to bailout to International Monetary Fund because of which as of late nations concentrated on working up its remote trade saves as a support to cover around 15 months of imports. Liquidity in the local security showcase give a chance to Asian markets to get for account spending. The monetary emergency in 1997-98 has given an exercise to counterbalance capital outpourings by keeping up current record surpluses. Other than this, decrease in the product costs have helped in expanding the exchange surpluses as the Asian nations are net merchants of items. After 1997, the Asian nations deal with their momentary liquidity issues by settling on a multilateral cash trade understandings. This additionally helps in expanding the straightforwardness in the data identified with accounts of the nations (Carney, 2009). Arrangement: Credit chance is a default chance on an obligation when a borrower neglects to make the installment of the obligation. It is the hazard where a moneylender may lose the installment to be gotten as a head and premium related with the advance. This hazard emerges because of the desire for the borrower to use future incomes to reimburse the current obligation (Wagner, 2008). Arrangement: There are two methodologies utilized by banks to quantify the acknowledge chance capital sufficiently as a part of column 1 to be specific normalized approach and inner appraisals based methodology. Under the normalized approach, credit hazard is estimated in a normalized way as bolstered by outer credit appraisals. In the inner rating based methodology, there is a prerequisite of unequivocal endorsement of the administrator of a bank wherein the inside evaluations frameworks is utilized to figure credit hazard (Musch, et al. 2008). Arrangement: Under Standardized methodology, there is a lot of credit chance estimation strategies under the capital ampleness rules of Basel II for banking organizations. Under this methodology, business banks are required to utilize the evaluations gave by outer FICO score offices with the end goal of measure the necessary capital for credit chance. In this strategy a capital proportion is determined by the utilization of administrative capital and hazard weighted resources. Other than this, the capital proportion must not be lower than 8%. Other than this, hazard weighted resources are determined by increasing the capital prerequisites identified with advertise chance and operational hazard by 12.5 and expansion of the figures acquired to the aggregate of hazard weighted resources for credit chance (Musch, et al. 2008). Arrangement: These days, it is obligatory for the organizations to unveil the significant and material data identified with the business exercises by the organizations recorded on stock trades which are delicate to the development of stock costs on stock trade. The primary purpose for it is that the uncovered data brings about influencing the choices of the financial specialists. It is required for the organizations to uncover significant data identified with it, for example, corporate rebuilding, development of the business, divulgence of budgetary data, etc which directly affects the venture choices of the financial specialists. Such data directly affects the stock costs of the organizations recorded on the stock trade (Westbrook, 2014). It is important for the organizations to give data identified with the progressions made in the association to draw in financial specialists to make interest in the organizations which thusly helps in raising assets for the organization. In this manner, data is considered as the backbone of a proficient stock trade. Arrangement: An organization that has an information that a specific snippet of data significantly affects the costs of the supply of an organization are required to be uncovered to ASX. The data unveiled by the organization would be viewed as material if the individuals that usually put resources into the protections are probably going to be influenced by the snippet of data according to the Corporations Act. Other than this, such data is likewise viewed as material in the event that it impacts the purchasing and selling choices of the financial specialists. What's more, it is additionally significant for the organizations recorded on ASX to give persistent revealing of the occasions did by the organization so as to give full data to the financial specialists in a fast way with the goal that they can settle on successful choices in a speedy way (Plessis, McConvill, and Bagaric, 2005). Arrangement: Five snippets of data that are being viewed as material and ought to be accounted for to stoick trade incorporate the accompanying: It is fundamental for the organizations to uncover data identified with an exchange that outcomes in acquiring a critical change the idea of the exercises of a substance. It is additionally fundamental for the organization to give the data identified with under membership and over membership of an issue of protections. The data identified with the end, varieties and section into material understanding. Such data involves the getting of an open door by the organization and significantly affects the money related situation of the organization. The data identified with arrangement of a chairman or outlet by the organization. The data identified with disclosure of a material, mineral or hydrocarbon. Such kind of data affects the stock costs and choices of the financial specialists in a critical way (Plessis, Hargovan and Bagaric, 2010). Arrangement: In the profit reinvestment conspires, the financial specialists get extra offers instead of money profit. These offers are given at a rebate on the current market cost of the portions of the organization. What's more, because of event of capital increase charge, the speculator gets a money profit and afterward purchases the expansion shares. It has numerous points of interest as a wellspring of value subsidizing. The organizations can hold its capital by giving profits as offers instead of in real money which can be utilized to pay obligation or make venture to extend the business tasks (Brigham and Houston, 2012). Arrangement: The primary preferred position of the profit reinvestment plot from the perspective of the organization is that it brings about the maintenance of the capital of the organization so as to make interests in extension of the business exercises or paying off of the obligation of the organization. Furthermore, from the view purpose of the financial specialist or investor is that there is no compelling reason to make the installment of the financier charges by the investor. Other than this, this additionally brings about expanding the reserve funds of the financial specialists as they don't the profit as money with the goal that they can spend rather their benefit is being reinvested in the organization in a programmed way to create more benefits (Damodaran, 2010). Arrangement: There is a likelihood that the organization has restricted speculation openings because of which there is no necessity of the extra supports raised through profit reinvestment plot because of which organizations suspend the plans every now and then. This may likewise brings about weakening the acquiring per portion of the organization (Lumby and Jones, 2003). Arrangement: The procedure embraced by the organization is that the organization has spare the sum to be delivered in real money identified with profit by giving one reward share on three offers held by the financial specialist. Such assets can be use for making interest in development of the business or taking care of the obligation of the organization. The term cum-profit alludes to the installment of the profit to investor sooner rather than later. In this, the organization has made the declaration of making an installment of the profit yet it presently can't seem to be paid. Under this, in the event that an investor has sold the portions of cum profit, at that point they are not qualified for get a profit on the sold offers. If there should be an occurrence of ex-profit, the investor is qualified for get the profit regardless of whether it sells the ex-profit offers to someone else. For this situation the new proprietor of the offers isn't qualified for get profit on the offers (Steiner, 2012 ). Arrangement: The hypothetical cost of the offer after the reward issue and the profit installment happened is ($14.70-$0.45) $14.25. Arrangement: As a matter of first importance, the offer costs have been accepted for an organization for a half year and afterward a line graph has been drawn. What's more, an arrival has been determined by taking away the offer cost of one month from now with earlier month and isolated by the offer cost of earlier month. Thusly return has been determined for a half year. After that a line diagram has been drawn. Arrangement: The head and shoulder design is the most well known example in the pattern line. It is an inversion design which is framed and moved against the past pattern. The highest point of a head and shoulder flags that a cost of security will in general fall once the example is finished and is shaped at the pinnacle of an upward pattern. The reverse head and shoulder design flags that the costs of security is will in general ascent and structures during a descending pattern (Cheng, 2007). Arrangement: During the examination of pattern lines, the five sensibly solid speculations are as per the following: In the event that a pattern line is long and tried progressively number of times, at that point

Issues that HR Needs to Manage-Free-Samples-Myassignmenthelp.com

Question: Compose Issues that HR needs to Manage all the more Effectively and how? Answer: According to the contextual investigation, there is various issues that the Human Resource (HR) office faces in running the division just as the association. The HR must consider the issues at the most elevated need so as to determine the equivalent for the prosperity of the association. The most serious issues are: Worker Turnover and Retention: Worker turnover is perhaps the greatest issue that the HR branch of the firm faces. The maintenance of the current staffs inside the association is a difficult errand for the HR division. There are a few circumstances both inside and outside the association that causes the high worker turnover. The turnover is equipped for disturbing the organizations picture and influences the organizations supportability. Worker turnover, simultaneously impacts on the organizations efficiency. Arrangement: Representative maintenance is considered as the fine equalization among the compensation, organization culture and the motivating forces. The HR branch of the firm should deal with the disturbing circumstance adequately by giving each staff the best possible blend of all the three to forestall the turnover. Then again, solid administration is additionally equipped for holding the current worker o the association. Profitability: The profitability is another significant issue that is managed in the HR office. The profitability of the organization is controlled by the competency of the workers. In the event that the profitability is low, the HR is capable to fathom the issues by recognizing the absence of competency inside the representatives. Arrangement: The HR must make viable strides as indicated by the seriousness of the issue of profitability by giving the representatives appropriate preparing and causing them to conform to their activity duties. Alongside this, appropriate input from the representatives will likewise empower the organization to manage the workers for expanding the profitability Finance: Installment is one of the fundamental issues looked by the HR separated from the money division for the situation study. There can be crisis circumstance of insolvency, low benefit, catastrophic events and other which can make the association incapable to pay to the representatives. What's more, the possibility of slip-ups is high in the manual procedure of installment. Arrangement: The association must actualize finance programming which will assist the HR with paying the wages of the staffs opportune. Additionally, the organization must look for innovative execution of the installment procedure to stay away from any sort of slip-ups in the installment of the workers. Then again, the HR must present the representatives with certain strategies which will have the option to determine the issue of crisis circumstance naturally. Wellbeing and Safety: The HR division is answerable for the wellbeing security o the workers. Any medical problems of the representatives inside the work environment are a danger to the HR office as on the grounds that wellbeing risks are equipped for bring down the profitability. Furthermore, the workers security both physical and social is another worry of the HR. Arrangement: The HR office must acquaint with certain strategies concerning the wellbeing and security of the representatives so as to furnish them with appropriate offices in regards to the equivalent. Simultaneously, the firm should have appropriate work environment structure to guarantee the better wellbeing and security of the representatives inside the working environment.

Understanding Selective Mutism

Understanding Selective Mutism Social Anxiety Disorder Related Conditions Print Understanding Selective Mutism By Arlin Cuncic Arlin Cuncic, MA, is the author of Therapy in Focus: What to Expect from CBT for Social Anxiety Disorder and 7 Weeks to Reduce Anxiety. Learn about our editorial policy Arlin Cuncic Updated on January 29, 2020 Brand X Pictures / Johner Images / Getty Images More in Social Anxiety Disorder Related Conditions Symptoms Diagnosis Treatment and Therapy Coping Work and School Selective mutism is a disorder usually first diagnosed in childhood. The first described cases date back to 1877 when German physician Adolph Kussmaul labeled children who did not speak as having aphasia voluntaria. Children who are selectively mute fail to speak in specific social situations, such as at school or in the community. It is estimated that less than 1% of children suffer from selective mutism. Diagnosis   Although selective mutism is believed to have its roots in anxiety, it was not classified as an anxiety disorder until the most recent version of the  Diagnostic and Statistical Manual of Mental Disorders (DSM-V)  was published in 2013. The use of the term selective was adopted in 1994, prior to which the disorder was known as elective mutism. The change was made to emphasize that children with selective mutism are not choosing to be silent, but rather are too afraid to speak. The primary criteria for a diagnosis of selective mutism is a consistent failure to speak in specific social situations in which there is an expectation of speaking (e.g., school), despite speaking in other situations. Symptoms of selective mutism must have been present for at least one month, and not simply the first month of school. Your child must understand spoken language and have the ability to speak normally in some situations (usually at home with familiar people). Finally, a lack of speech must interfere with your childs educational or social functioning. Children who stop talking temporarily after immigrating to a foreign country or experiencing a traumatic event would not be diagnosed with selective mutism. Symptoms   If you believe that your child may be suffering from selective mutism, look for the following symptoms: Shyness, fear of people and reluctance to speak between two and four years of ageInability to speak in school and other specific social situationsUse of nonverbal communication to express needs (nods head, points)Expression of a desire to speak that is held back by anxiousness, fear or embarrassmentSpeaking easily in certain situations (e.g., at home or with familiar people), but not othersFidgeting, eye contact avoidance, lack of movement or lack of expression when in feared situations Causes It was once believed that selective mutism was the result of childhood abuse, trauma, or upheaval. Research now suggests that the disorder is related to extreme social anxiety and that genetic predisposition is likely. Like all mental disorders, it is unlikely that there is one single cause. Treatment Selective mutism is most receptive to treatment when it is caught early. If your child has been silent at school for two months or longer, it is important that treatment begin promptly. When the disorder of selective mutism is not caught early, there is a risk that your child will become used to not speakingâ€"that being silent will become a way of life and more difficult to change. A common treatment for selective mutism is the use of behavior management programs. Such programs involve techniques like desensitization and positive reinforcement, applied both at home and at school under the supervision of a psychologist. Teachers can sometimes become frustrated or angry with children who dont speak. You can help by making sure that your childs teacher knows that the behavior is not intentional.  Together you need to encourage your child and offer praise and rewards for positive behaviors.   Whereas rewarding positive steps toward speaking is a good thing, punishing silence is not. If your child is afraid to speak, she will not overcome this fear through pressure or punishment. Medication may also be appropriate, particularly in severe or chronic cases, or when other methods have not resulted in improvement. The choice of whether to use medication should be made in consultation with a doctor who has experience prescribing anxiety medication for children. In general, there is a good prognosis for this disorder. Unless there is another problem contributing to the selective mutism, children generally function well in other areas and do not need to be placed in special education classes. Although it is possible for this disorder to continue through to adulthood, it is rare and more likely that social anxiety disorder would develop.

The American Dream In The Great Gatsby Analysis - 758 Words

The American dream is a idea that anyone can reach prosperity and success by determination and hard work. Everyone has equal opportunity to achieve this dream. This may not be the case in this tragic love story, The novel The Great Gatsby by Fitzgerald. By corruption, unfaithfulness, and entitlement we see a different view of the American Dream. Through the characters and plot in the novel, The Great Gatsby, Fitzgerald suggests the pessimistic view that the American Dream of social mobility is a modern fallacy. In the first place, Gatsby’s unrealistic American Dream signifies the longing and the ugliness of the American dream. His determination to be rich and be with Daisy is unachievable. A literary device that Fitzgerald uses in the†¦show more content†¦Gatsby says â€Å"Her voice is full of money.† A literary device that Fitzgerald uses here is Personification. Daisy’s voice is compared to money. Money is something that people want and long for. Just like Gatsby wants and longs for Daisy. Even Daisy hopes her daughter would be a â€Å"beautiful fool,† She hopes her daughter will be seen for her beauty rather than her brains. This shows how the America dream is not only being obsess with money but also with looks. Daisy is willing to jeopardize her happiness for the upper social class. Daisy tells Nick, â€Å"I’m glad it’s a girl. And I hope she’ll be a fool-that’s the best thing a girl can be in this world, a beautiful little fool.† Fitzgerald portrays this time the 1920’s with empty quest of pleasure. In addition, Daisy and Tom’s capability to escape consequences of Myrtles death symbolize the narcissistic and power of the wealthy social class. The American dream that Daisy and Tom are living has corrupt them. After Daisy marries Tom they lived in Santa Barbara. Tom gets in a car crash with other woman, his mistress. They leave Chicago because he cheats and Tom is back to his old ways. Daisy and Tom run away when things get bad. They don’t have many values and their money allows them to move on and start over. As Fitzgerald has clearly shows that people with money don’t take responsibility for their actions. This suggest that because they are rich they have a different set of rules then anyone else. Identically, Tom andShow MoreRelatedThe American Dream In The Great Gatsby Analysis1497 Words   |  6 PagesFitzgerald’s novel, the Great Gatsby is one of the most meticulously written story of all time. This book incorporates different themes, yet the shadiness of the American Dream is the most significant one. The American Dream designates that one starting very low on their economic or social status and getting success and wealth trough their arduous work. Having a big house, a nice car and a happy family show the success of the American Dream. This dream is also shown by the concept of a self-madeRead MoreThe American Dream In T he Great Gatsby Analysis749 Words   |  3 PagesThe Great Fantasy Idealism is the paramount theme in â€Å"The Great Gatsby.† Each of the characters have a craving for self-definition and a high position in society. The story is shaped by the ideals each of these characters hold. These ideals allude to the American Dream, along with the superficiality and corruption associated with it. Fitzgerald uses Jay Gatsby as a medium to portray hopeless romanticism, fantasy fueled ambition, and failure to achieve self-contentment. Gatsby is characterizedRead MoreThe American Dream In The Great Gatsby Analysis1744 Words   |  7 Pagesthe American Dream From a distance, the American dream is a hopeful one- that anyone, regardless of race, class, or gender, can become successful and wealthy if they possess ambition and the ability to work hard. However, when scrutinized, this rosy view clearly shows ignorance towards societal issues such as misogyny, racism, and income inequality and instead focuses on the notion of having an extravagant home, fancy cars, and a happy family- all of which symbolize the great American dream. FitzgeraldRead MoreAnalysis Of The American Dream In The Great Gatsby1142 Words   |  5 PagesThe American Dream is one of the most prevalent themes in The Great Gatsby. It is essentially the belief that, regardless of social class, anyone can become wealthy and famous. In the novel, Jay Gatsby attempts to reunify with Daisy Buchanan by achieving great wealth, but he fails and dies having been unsuccessful in his mission. Though it may appear to some that Gatsby, the main character of the novel, has achieved the American Dream, it turns out to be a massive illusion. When, following Gatsby’sRead MoreThe American Dream In The Great Gatsby Analysis906 Words   |  4 PagesTorres Mrs. Heffelman English 11 September 26, 2017 The American Dream can mean a lot of different things depending on who is asked. Some will answer that it is the freedom of religion or the ability to move between class. Others define it as the ideal that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative. For Jay Gatsby and many others, the American Dream is about gaining wealth and material possessions in the attemptRead MoreThe American Dream In The Great Gatsby Analysis1367 Words   |  6 Pagesidea of the American Dream, where qualities of hard work and ambition are shown. The novel The Great Gatsby by Scott Fitzgerald embodies many themes; however the most significant one relates to the corruption of the American dream. The American Dream is defined as someone starting low on the economic or social level, and working hard towards prosperity and or wealth and fame. By having money, a car, a big house, nice clothes and a happy family symbolize s the American dream. This dream also representsRead MoreThe American Dream In The Great Gatsby Analysis1428 Words   |  6 PagesThe Great Gatsby by F. Scott Fitzgerald contains many themes; however, the most noteworthy one identifies the American dream. This Dream likewise speaks to that people, regardless of who he or she is, can emerge to rich in life through their own works. The dream is spoken to with the aid of the mind of an unbiased man or woman, who strives to perform an objective to become tremendously effective. The Great Gatsby is a novel that indicates what happened to the American Dream in the 1920s, which wasRead MoreThe American Dream In The Great Gatsby Analysis903 Words   |  4 PagesThe American Dream: A Fruitless Endeavour The 1920’s, famously known as the Jazz Age, was a major turning point in America’s soaring economy. However, as a result, amassing wealth in exorbitant amounts and throwing extravagant parties became socially acceptable and the conservatism and the old-fashioned values of the 19th century were left behind. The roaring twenties also coincided with the prohibition period which saw bootleggers make millions off the sale of contraband and brought life to undergroundRead MoreThe Great Gatsby American Dream Analysis761 Words   |  4 Pagesobtained. In The Great Gatsby, F. Scott Fitzgerald suggest that the American Dream is an illusory, the people who pursue it are Gatsby, Daisy, Tom, and Myrtle, and this pursuit is ultimately unattainable. In the roaring twenties known as the Jazz Age, many people wanted to become rich, most people were bootleggers and Wall Street stock brokers. Alcohol was illegal and the Wall Street stocks were higher than ever before. The Great Gatsby is an extended critique of the American Dream. And this critiqueRead MoreThe Great Gatsby And The American Dream Analysis1086 Words   |  5 Pagesâ€Å"The American Dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.† This quote by James Adams shows the concepts of a dream that is linked to hard work and opportunity. In Scott Fitzgerald’s The Great Gatsby and Ridley Scott’s American Gangster, Gatsby and Frank portrays the theme of the destructive nature of dreams. The Great Gatsby follows the story of a charming yet mysterious man named Gatsby

Sigmund Freud, The Father of Psychoanalysis - 939 Words

The father of psychoanalysis. Formerly known as a boy born to a poor wool merchant. Sigmund Freud was born to parents Jakob and Amalia, who at the time had not a single penny to their name. Freud graduated from high school with honors, and was fluent in many languages. At age 17 he attended the University of Vienna, with interests in law. However, he joined the university medical faculty, where he studied physiology, philosophy, and zoology. In 1881 he graduated with an MD. One year later he joined Vienna General Hospital where he got started in his medical career. In 1884 he published a paper on the palliative effects of cocaine, which had been led into courtesy of his work in cerebral anatomy. This also led to his first book On the Aphasias: A Critical Study, which stemmed from his work on aphasia. While at the hospital, Freud had the opportunity to work for Theodor Meynert’s psychiatric clinic, as well as a locum at the asylum, which increased his interest in clinical work. During this three year period he published substantial amounts of research which opened up the opportunity to become a University lecturer in neuropathology. Freud entered private practice specializing in nervous disorders after resigning from the hospital in 1886. He became married to Martha Bernays the same year, and they had six children together, all born between 1887 and 1895. Freud visited Paris to study with Jean-Martin Charcot in October of 1885. Charcot was conducting scientific researchShow MoreRelatedSigmund Freud : The Father Of Psychoanalysis1615 Words   |  7 PagesSigmund Freud One very famous, significant leader who left a famous legacy was Sigmund Freud who helped thousands of people with mental illness with his psychoanalysis theories, by talking and being straight forward into the point on how a person can overcome their illness, he once said, â€Å"If you want to live a life be prepared for death† . Sigmund Freud was born on May 6, 1886 in Germany and died on September 23, 1939 and was an Austrian neurologist. During the years he was working he became famousRead MoreSigmund Freud : The Father Of Psychoanalysis1420 Words   |  6 Pages Sigmund Freud is an Austrian neurologist who is credited as the father of psychoanalysis. He became a doctor of medicine at the University of Vienna in 1881. He was the one to create psychoanalysis, which is a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst. While creating this, he developed therapeutic techniques, like the use of free association. Overall, Sig mund Freud is possibly the most influential person in psychology history. Sigmund FreudRead MoreEssay on Sigmund Freud: The Father of Psychoanalysis1580 Words   |  7 Pages Sigmund Freud, also known as the father of psychoanalysis, was born May 6th of 1856 in Freiberg, Moravia. A few years later he moved to Vienna, Austria and years after to England. Sigmund Freud was known for connecting psychological issues with sexual issues. Freud demonstrated a broad perspective on things involving dreams, religion, and cultural artifacts. He focused on different states of the mind, such as unconsciousness. Freud relied on a local sexual repression issue to create theoriesRead MoreLiterature Review. Sigmund Freud, The Father Of Psychoanalysis,1497 Words   |  6 PagesLiterature Review Sigmund Freud, the father of psychoanalysis, was a physiologist, medical doctor, psychologist, and influential thinker of the early twentieth century (Thornton, 2011). Freud is one of the commonly known superstars in the field of psychology, quickly becoming famous for his study of the unconscious. Freudian Psychology is a form of analysis that is derived from the work of Mr. Freud, largely focusing on his most profound concept, psychoanalysis. Psychoanalysis is an approach to personalityRead MoreSigmund Freud s Theory Of Psychology1283 Words   |  6 PagesSigmund Freud (1856-1939), is a pioneer in the field of psychology in various ways. His dedication to his field helped shape the minds of many nineteen-century contemporary schools of thought. Most notably, Freud’s work in psychoanalytic theory, according to Tan (2011) earned him the title of, â€Å"father of psychoanalysis† (p. 322). Moreover, Tan Taykeyesu (2011) report that Freud’s genius is not just in psychoanalysis, but also when we â€Å"think Oedipus complex, infantile sexuality, and repression†Read MoreSigmund Freud Essay1721 Words   |  7 Pagesâ€Å"Man is a wolf to man.† These are the words that surprised millions when Freud first opened the discussion of human nature (Freud). Sigmund Freud, born in 1856 and died in 1939, was known to be the father of psychoanalysis (Jones). He lived his whole life trying to reach into the human unconsciousness and unravel the puzzle of life, human personality, and human nature (Chiriac). Sigmund Freud was influenced by the environment post World War I, and influenced the world through his theories and hisRead MoreAnna Freud1216 Words   |  5 PagesANNA FREUD Anna Freud Anna Freud Selecting a woman that made significant contributions to the field of psychology between the years 1850 and 1950 is not an easy task as there is more than one woman who made significant contributions to the field of Psychology. Out of those talented women Anna Freud, overshadows her colleagues. Anna can be considered to have a fascinating background, which influenced her later development of unique theoretical perspectives. Her father, Sigmund Freud famousRead MoreSigmund Freud s Theory Of Psychology1568 Words   |  7 Pages Freud Sigmund Yifan Wang Current issues in history Vanier College 2014-11-11 Freud Sigmund In the 19th century, people progressed toward a new era of scientific revolution with new inventions and technologies. Doctors find treatment to heal cancer and people lives longer than before. On the other hand, Freud Sigmund the Jewish psychiatrist offered a new cure to mental illness that individual suffers from (The European Graduate School, 2012). Although he may have the most of influenceRead MoreEssay on The Comparison of Sigmund Freud and B.F. Skinner892 Words   |  4 PagesThe Comparison of Sigmund Freud and B.F. Skinner One name that jumps out at the mention of psychology, or the study there of, is the name of Sigmund Freud. Sigmund Freud is also known as the â€Å"Father of Psychoanalysis.† Freud was also known for having the tendency to trace nearly all psychological problems back to sexual issues. Although only parts of his theory of psychosexual development are still accepted by mainstream psychologists, Freuds theory of the Oedipal Complex has become a culturalRead MoreAnna Freuds Role in the History of Psychology1527 Words   |  7 PagesAnna Freud, born in 1895, was the daughter of Sigmund Freud, the well-known founder of psychology and the psychoanalytic theory. Anna Freud’s work with her father and his friends and associates as well as her own personal studies, curiosities, and analyses lead her to cofound psychoanalytic child psychology. An appealing woman who did not have much of a formal education, Anna Freud, had an extensive background in psychology, an interesting th eoretical perspective, and many contributions to the

Bullying and Its Effects on Individual’s Education Free Essays

The purpose of the research in this work is to answer the question, â€Å"Does bullying effect an individual’s education? First bullying will be defined in the perimeter of the educational environment. The author of this work takes the stance that bullying does most positively affect an individual in terms of their quality of education and in fact does continue to affect the individual who receives and even the one who perpetrates the bullying behavior. Inclusive in the research will be the stated ‘signs’ of bullying behavior taking place, preventative measures that are stated to be effective, types of bullying behavior, and common myths surrounding those who are bullies. We will write a custom essay sample on Bullying and Its Effects on Individual’s Education or any similar topic only for you Order Now Some important facts about violence in schools are stated to be that first, that 1/3 of all injury death that occurs in the United States are due to intentional school violence. Interestingly, as violence has risen quite sharply in society it has also rise in schools and in areas surrounding and related to school. During the school years from September 1992 through May 2000 the National School Safety Center in their Report on School Associated Violence† (Education World, nd) Unhealthy relationships in the family and school personnel’s’ exposure to ‘violent television, films as well as games containing some of the elements that seem to contribute to violence in-school behavior. Bullying can take place both directly and indirectly. Bullying is defined as the repeated exposure to negative actions on the part of a student or even on the part of a group of students toward another individual. Stated as being inclusive in this behavior are the factors of aggressive behavior, intentional harm doing, it is done on a repetitious basis and occurs in a relationship on an interpersonal level â€Å"characterized by an imbalance of power.† (Colorado.edu Website, nd) The definition proposed by Tattum and Tattum (1992) states that â€Å"Bullying is the willful, conscious desire to hurt another and put him/her under stress? Therefore, the individual that desires to hurt another individual is a bully. But, those who are not in actuality bullies are those that think better of committing such actions. Bullying may be physical or it may occur on a psychological level. It is suggested by Olweus that an â€Å"imbalance of power† exists when bullying occurs and in fact contributes to the occurrence. As stated bullying behavior may be ‘direct’ bullying or ‘indirect’ bullying. Direct bullying is an open attack on the individual. Inclusive are physical attacks such as hitting, kicking, pushing, and choking. Attacking someone verbally or through harassment such as calling of names, threatening behavior, taunting behavior, teasing in a cruel and malicious manner, spreading rumors and slandering are all inclusive. Indirect bullying is often difficult to detect much more so than direct bullying. Indirect bullying is characterized by social isolation and social exclusion on an intentional basis, making faces and obscene gestures as well as manipulation of friendships and relationships. III. Common Myths Surrounding Bullying Myth 1: Insecurity and low self-esteem is suffered by bullies and they in turn pick on others towards the end of making themselves feel more secure. Fact: Self-esteem among bullies are average to above-average however they do have temperaments that are aggressive as well as a ‘lack of empathy and poor parenting.’ (Starr, 2000) Myth 2: Bullies are looking for attention however; ignoring the bully will stop the behavior. Fact: control is what the bully seeks and they tend to cease their bullying when ignored however if adults do not address the issue of bullying the bully generally is propelled toward another level of bullying. Myth 3: Boys will act like boys. However bullies general remain bullies and eventually get involved in a life of crime. Fact: Of all those finishing middle school that are bullies sixty percent will have committed at least one crime by the age of 24. Fact: Outgrowing bullying does not actually occur but it is redirected by the individual doing the bullying. 60 percent of bullies will have committed a crime by the age of 24. Myth 5: Standing up for themselves is something that needs to be learned by victims of bullies. Fact: Bullies generally pick those who are younger or weaker to bully and those who don’t have the skills on a social level for the development of friendships that are important and are unable to effectively deal with social situations on their own. Fact: Victims are generally chosen to be bullied due to their being â€Å"sensitive, anxious, and not likely or unable to retaliate, not due to differences on a physical level. (Starr, 2000) Myth 6: The environment in large classrooms and large schools are conducive to bullying. Fact: There has been no established link between the size of the educational facility and instances of bullying. In fact there is some research that contains findings that there is less and not more bullying in larger schools. Myth 7: The largest part of bullying occurs somewhere other than school grounds. Fact: Most bullying occurs on school grounds. Myth 8: Only a small number of students are affected by bullying. Fact: In the U.S. 25% of students are victims of bullying and 20% are bullies. It has been estimated by the National Association of School Psychologists that 160,000 children don’t attend school each and every day to avoid being bullied. Myth 9: If bullying is a problem in the classroom the teacher is aware of it. Fact: Reports by the victims of bullying instances are done only reluctantly out of fear of being retaliated against, due to embarrassment and because most bullies tend to justify their behavior. Myth 10: Sticks and stones will break your bones but names will never hurt you is an adage that should be followed by victims of bullying. Fact: Problems that affect students for life are low self-esteem and depression as well as suicide and mental health issues. IV. Preventative Measures in Counteracting Bullying in School Four basic principles for prevention of bullying and victim problems are stated as follows: â€Å"Awareness and warm, positive involvement of adults inclusive of teachers, principals, school counselors, and parents.† (Safe Schools Fact Sheet, Colorado.edu) Set and stick to firm limits as to what behavior is unacceptable firmly stating that bullying is not allowed or acceptable in the school. Consistent application of â€Å"non-hostile, nonphysical negative consequences for rule violation and unacceptable behavior; and â€Å"Encourage adults to act as authorities and position role models in students’ academic learning and social relationships in school.† (Safe Schools Fact Sheet, Colorado.edu) The Results and Outcomes of Bullying Behavior and Victims It is clearly without question that the victims of bullies have lifelong problems and issues that result from being bullied. Stated long-term effects on victims are that depression exists as well as low self-esteem. Clinical implications are stated to be a â€Å"risk factor for poor psychological health† (Rigby, 2003). The risk is stated to be greater if the â€Å"bullying is severe and prolonged and if the victim lacks adequate social support.† (Rigby, 2003) Further stated by Rigby (2003) is that â€Å"Various strategies or treatments may be considered to reduce the changes of a child’ further involvement in bullying that may worsen the condition. These include assisting victimized children to develop self-protective assertiveness skills and working therapeutically with bullying children to establish a greater awareness of the consequence of their antisocial behavior.† Other findings are that victims of bullying behavior have higher rates of absenteeism than those who do not experience bullying at school. Long-term adjustment is also affected by being bullied at school as well as the victim of bullies developing an aversion to the environment of school. (Rigby, 2003) In Factsheet Number 18 entitled, â€Å"The Emotional Cost of Bullying† it is stated that bullying can affect the physical and mental health of a child in a serious way. Children who are bullied â€Å"lack confidence, feel bad about themselves, have few friends and spend playtime alone. They may find it hard to face going to school and difficult to concentrate on their work. They may complain of various physical symptoms as a result of their upset. They may worry and try to avoid going to school. Others become very anxious, find it hard to sleep and may feel depressed, or even suicidal. These problems can carry on long after the bullying has stopped.† (Factsheet #18, Mental Health Growing Up)A large-scale study conducted in England and Wales found that children who suffer from being bullied are more likely to wet the bed and to not sleep well along with feeling irritable, nervous, and panicky after being bullied. Recurring memories of the incidences were stated by 32% of victims in the study and 29% of the victims found concentrating hard for them to do Interestingly the bullies also have long-term effects as well. Stated is that students who bully are also likely to engage in antisocial and delinquent behaviors such as vandalism, shoplifting, drug use, and truancy. This is particularly true of boys that bully. Bullies are also more likely (4 times more likely) to be convicted of crimes by the age of 24. Finally physical bullying is considered to be a risk factor on a moderate level for serious violence acts between the ages of 15 to age 25. How to cite Bullying and Its Effects on Individual’s Education, Papers

Dissecting Models Forecasting Performance †MyAssignmenthelp.com

Question: Discuss about the Dissecting Models Forecasting Performance. Answer: Introduction The objective of this study is to analyze economic growth of Australia in the last 3 to 5 years. Australian economy is considered as most developed and biggest mixed market nations around the globe. This nation is the second wealthiest economy as measured by wealth per persons. The total wealth of Australia in the year 2016 resulted to AUD $8.9 trillion and hence it was 14th biggest economy in terms of nominal GDP[1]. In addition, this nation ranked 20th as accounted by PPP adjusted GDP and was ranked 25th and 20th in terms of exporter and importer. Over the last 3 to 5 years, Australia record for uninterrupted GDP growth after the recessionary phase. This economy is mainly controlled by the service sector that contributes to 61.1% of real GDP and employs 79.2% of workforce in the nation. This country has the highest natural resources value that values at US $19.9 trillion in the last year. Despite huge decrease in growth of mining sector during recessionary phase, this nation remain s resilient as well as stable over the recent decades. The Australian Securities Exchange in the nation is 16th biggest stock exchange as accounted by domestic market capitalization and has largest market for interest rate derivatives in Asia[2]. This nation has a vivacious free- market democracy that records to huge economic growth unmarred by the recessionary phase for the last 3-5 years. Therefore, economic growth of this nation has been analyzed with the help of macroeconomic indicators that includes GDP growth rate, unemployment rate, rate of inflation and balance of trade. Economic growth of Australia in the last 3 to 5 years Australia has been considered as one of the wealthiest country in Asia Pacific and enjoys huge economic expansion over the last 3 to 5 years. This nation is highly competitive in technology, service and manufacturing sector as compared to other nations. In addition, mining as well as agriculture industry are considered as vital export source and has a huge contribution in the overall income of the country. Australia encourages foreign competition and hence prolongs to be vigorous investment destination. Recent statistics reflects that though the government debt of this nation has been increasing since financial crisis, it records to lower amount as compared to other developed nations. The political environment of Australia is stable as the nation has transparent political processes, sturdy legal system and proficient governance. Moreover, the nation has effective measures of anti-corruption and hence judicial system operates impartially. Furthermore, the regulatory environment in Au stralia is the most efficient as well as transparent and is favorable to the entrepreneurship. This nations labor market is highly flexible and this contributes to increase in employment. Moreover, this economy has recovered from slowdown owing to global recession and has grown with positive trend rate over the last 3- 5 years. Although the different industries in Australia contribute to the growth of the economy, they have sizeable differences in their business performance. Recent study reflects that mining and financial sector output grew at faster rate as compared to manufacturing industries output at an average rate. The economic condition of Australia is analyzed by using macroeconomic indicator given below: GDP growth rate- Gross domestic product (GDP) refers to the monetary measurement of the value of products and services that is manufactured within the country during a given time period. This macroeconomic indicator aids in accurately indicating the size of the Australian economy and hence GDP growth rate is taken as best macroeconomic indicator of determining economic growth. GDP of the nation fluctuates owing to business cycle. If the economy expands and GDP rises, inflationary pressures rise in rapid way because of full utilization of labor and resources. It has been opined by (), GDP is estimated by the summation of consumer spending, government purchases, investment and net exports. Over the last 3 to 5 years, Australias annual GDP growth rate has shown huge variation due to changes in consumer expenditure, business investment, government spending and exports. During the last 5 years, the GDP of Australia expanded owing to rise in expenditure of the Australian government. Consum er expenses were considerably restrained though confidence of consumer was high. Furthermore, the households of this nation became highly vigilant in their financial behavior, less borrowing and huge savings. In the last few years, the savings rate of household had increased by near about 4%. In addition, investment in the housing sector also increased at modest speed despite ageing population growth. The reason behind considerably high housing cost, rigidities in supply process of housing and developers difficulties in attaining finance. Business investment also increased at high levels during this period. It has been from the recent statistics that the investment of this nation declined during the global financial crisis but has recovered after the recessionary phase. As a result, the business expanded at high pace due to increase in productivity of good owing to huge investment. Investment in mining industries contributes to about one three-fourth percent of the nations GDP at present period and over the last 5 years it had reached to 3% of countrys GDP. Moreover, the exports also increased at higher pace in the mining capacity. Higher price of exports has moved the balance of trade into surplus and this resulted to unusual economic condition in this nation. Although the GDP of this nation increased at faster rate, few states including Queensland lagged with considerably weak growth rate in sales as well as consumption in retail sector[3]. However, Queensland experienced low growth in demand for products while othe r nations demand grew at high rate in the past five years. This state also suffered from overhang in the market of property after the exuberance period. Currency exchange rate also influenced GDP growth rate of Australia. Swings in prices of coal as well as iron had vital impact on the economy of Australia as accounted by export revenues as well as real incomes. Ageing population growth contributes to growth in Australian economy that was reflected by 0.4% in GDP per capita. The figure reflects that during the period 2012-2016, the annual GDP growth rate in this nation has shown slight variation[4]. The figure below reflects the GDP growth rate in the year 2014 and 20105 recorded slight low growth rate in comparison with other year. Unemployment rate- The rate of unemployment refers to the workforce share that becomes jobless with respect to total population and is expressed in percentage. It has been considered as lagging indicator that increases or decreases in variable economic conditions. The unemployment rate increases if the economy health of the country is in bad phase[5]. In addition, if the growth rate of the economy rises at healthy rate, jobs becomes considerably plentiful and this increase the employment rate of the nation. The Okuns law state that unemployment rate of a particular nation is negatively related with GDP of the nation. This means that if the rate of unemployment rises above the target level that is 5%, then the GDP of the nation falls at high rate. This adversely affects the economic health of the nation[6]. The above graph reflects that the unemployment rate of Australia has remained stable over the years but it remained above the target level of 5%. In the year 2015, the rate of unemployment increased to 6.3% as full time jobs in the nation decreased at faster rate. But in the current year, the unemployment rate fell to 5.7% owing to rise in part-time work in this nation. There are few reasons that increased the unemployment rate in this nation that includes Decline in expenditure of public during the recessionary phase shifted the workers of the Australia to other nations and thus ending up high unemployment. Implementation of new technology by the companies led to increase in jobless rate as the laborers quit jobs as they faced difficulties in adopting with the technology. Another reason of unemployment in Australia is the shutdown of industry. This had made numerous Australians jobless during this period[7]. For example in South Australia huge people were jobless as insufficient industry was unable to absorb these jobless workers. However, it has been noted that the federal government of Australia could not prepare advanced planning methods to make transition of workforce into other job. Offshoring is another vital cause of unemployment in this nation. It increased during the years as other nations offered incentives on tax to other countries in order to shift the factories there. However, the workers of Australia have adapted to this as many manufacturing sector adopted this practice for increasing their productivity. Therefore, the government of Australia must plan proper policies in order to reduce unemployment rate in the nation. Since 2011, the rise in unemployment had been concentrated mostly among male laborers who accounts to high employment percentage in mining as well as other cyclical sectors[8]. One type of unemployment that mainly arises in Australia is frictional unemployment. This occurs when one laborer leaves one job and searches for another job for more than four weeks. Furthermore, structural unemployment also occurs owing to sustained weakness in demand for labour. Inflation rate- Inflation rate refers to the rate at which the price level of products as well as services increases considerably in a nation over a specific time period[9]. As the price level rises for the products, each currency unit purchases less commodities and this outcomes in decrease in purchasing power in terms of each currency unit. One index that helps the economy in measuring inflation rate is Consumer price index (CPI). Australia usually measures their inflation rate with the help of consumer price index. Inflation influences the nation both positively and negatively. The adverse impact of inflation includes rise in opportunity cost, uncertainty in rate of inflation that might discourage investment as well as savings. On the other hand, the positive effects involve declining real burden of people as well as private debt by maintaining nominal rate of interest above zero. This facilitates the central bank of the nation in adjusting interest rate for stabilizing the econom y by reducing unemployment rate owing to nominal wage inflexibility. Economist believes that hyperinflation generally occurs due to excessive growth in supply of money within the country[10]. Low rate of inflation attributes to variation in real demand for commodities or availabilities of supply of goods during scarce situations[11]. Thus, the government of respective nations implements contractionary monetary policy by changing their interest rates with the help of open market operations and reserve requirements of banking. One of the main aim of Australian government is keep the inflation rate low. The RBA sets the target of inflation rate in Australia by 2-3%. Therefore, higher inflation rate above this target level disrupts equity in income distribution, undermines trade competitiveness and living standards of people in Australia[12]. In addition, lower inflation rate below this set target level highlights that the productive capacity of this nation has been wasted. The average rate of inflation in this nation had been stable over the past few years and records to 3%. The graph below denotes that the rate of inflation of Australia had been lower in the year 2012 and 2013, which reflects that it is below the target level of inflation rate[13]. The Australian Bureau of Statistics (ABS) highlights that inflation rate had increased during these two years due to rise in prices of housing, tobacco and medical services. The two factors that influence the inflation rate of this country are given below: Increase in demand-side condition that might lead to demand inflation Low supply-side developments leading to cost inflation Australia had experienced demand inflation over the last 3 to 5 years. As the circular flow model of Australian economy is five sectors, the demand-side factors resulted in increase in aggregate demand causing demand inflation[14]. As a result, consumer confidence increased that led the Australians to decrease their savings and increase their expenditure. In addition, the business confidence also became stronger and as a result, the companys benefitted in increasing their sales and attaining higher profit.[15] Moreover, it also resulted to rapid increase in Australians household income and enhanced private consumption expenditure. The RBA lowered the interest rate for encouraging the entrepreneurs and households borrowings. Furthermore, as the inflation rate in this nation remained stable, it had no adverse effect on the business. Adoption of policies by the Australian government aids to maintain inflation in the nation. Australian government uses aggregate demand policies for slowing demand inflation during the last 5 years. They increased their interest rate to meet excess spending as well as remove products commodities shortages and reduce demand inflation in the country[16]. In addition, Australian government adopts aggregate supply policies for producing huge output from less input. Therefore, they tried to reduce tariff protection in order to decrease production cost. In addition, as the Australian market has oligopoly and monopoly market structures, competing policies tried to reduce production cost and increase efficiency among the firms[17]. They also adopted tax reform policies for decreasing tax rates in order to decrease business cost. Moreover, immigration has been encouraged over the last few years and this facilitates to ease shortaghe of laborer.Overall, it has been noted that Australian govern ment had adopted proper monetary policy in order to maintain inflation arte in the country and this led to rise of economic growth of the country. Balance of trade- the Balance of trade (BOT) refers to the subtraction between exports and imports of the nation during specific period[18]. It has been noted that, if export value is higher than import value, then it is termed as trade surplus. On the other hand, if the import value is greater than export value of goods , then it is called as trade deficit. BOT has been considered as the key component of nations GDP and thus, deficit in trade reduces GDP and trade surplus increases GDP[19]. Trade deficit increases high debts of the nation or inflation from the nations central bank in order to maintain the levels of domestic currency. Recent statistics reflects that trade surplus exists in this nation as this helps the country to improve their economic growth. It has been noted that most of the industries has huge export value as compared to import value. For example, this nation top five industry that contributes in huge export are- Iron ore , natural gas, beverages etc. On the othe r hand, top five industries that has high import value are- tourism, vehicles, refined petroleum and freight services[20]. Therefore, trade plays a vital role in economic growth of the nation. Trade improved the GDP growth rate of Australia in the last 3 to 5 years. It accounted for 21 %of GDP and this means that the commodities manufactured in this nation are mainly traded in international countries. Thus, BOT has huge significance in Australia[21]. These includes- It helps the nation in clarifying its rank in foreign exchange It also helps the nation in revealing the nature, features and size of this country It facilitates the business in evaluating the economic conditions of the country It also highlights the competitiveness in international markets within the nation[22]. Conclusion From the above study, it can be concluded that Australia has shown good economic growth performance over the last 3 to 5 years. The macroeconomic indicators reflects that the country has maintained stable economic growth rate even though there was huge growth variation across various industries existing in the nation. This benefits of economic growth had spread widely among the states and across distribution of peoples income. Australian government also plays vital role in improving economic conditions of the country. The policies adopted by the government helps the Australian economy to recover from recessionary phase. Even the change in tax structure contributed to expansion of business in this nation. Contractionary monetary policy adopted by RBA also helped the economy in maintaining stable inflation in the nation. At present, the country is now operating to high capacity and this improves the nations productivity and sustains economic growth. References Anderson K, 'Sectoral Trends And Shocks In Australia's Economic Growth' (2017) 57 Australian Economic History Review Bhattacharya M, 'Business Growth, Size And Age: Evidence From The Business Longitudinal Survey (BLS) Data In Australia' (2014) 53 Australian Economic Papers Ceil C, 'Water Scarcity And Economic Growth Connection In Australia' [2012] SSRN Electronic Journal Constantine C, 'Economic Structures, Institutions And Economic Performance' (2017) 6 Journal of Economic Structures Gai P, 'Macroprudential Policies In Australia: Design And Effects' (2016) 49 Australian Economic Review Hossain A, 'Inflation And Inflation Volatility In Australia' (2014) 33 Economic Papers: A journal of applied economics and policy Johnson M, 'Book Review: Paul Smyth And John Buchanan (Eds), Inclusive Growth In Australia: Social Policy As Economic Investmentsmythpaulbuchananjohn (Eds) Inclusive Growth In Australia: Social Policy As Economic Investment. Allen Unwin: Sydney, NSW, Australia, 2013; 290 Pp.: 9781743311301 (Pbk).' (2014) 25 The Economic and Labour Relations Review KNEDLIK T and VON SCHWEINITZ G, 'Macroeconomic Imbalances As Indicators For Debt Crises In Europe*' (2012) 50 JCMS: Journal of Common Market Studies Kumar S, 'Offshoring And Trade Balance In Developed And Emerging Economies' (2013) 17 Review of Development Economics Lind D, Marchal W and Wathen S,Statistical Techniques In Business Economics Ma Y, 'SimpsonS Paradox In GDP And Per Capita GDP Growths' (2015) 49 Empirical Economics Nieminen M and Junttila J, 'Short-Run Dynamics Of The Trade Balance In The Emu-12 Countries' (2016) 84 The Manchester School Nyasha S and Odhiambo N, 'Financial Systems And Economic Growth: Empirical Evidence From Australia' (2016) 10 Contemporary Economics Siliverstovs B, 'Dissecting Models' Forecasting Performance' [2017] Economic Modelling Singh T, 'International Trade And Economic Growth Nexus In Australia: A Robust Evidence From Time-Series Estimators' (2011) 34 The World Economy Smyth P and Buchanan J,Inclusive Growth In Australia(Allen Unwin 2013) Tan Kuan Lu C, 'University Rankings Game And Its Relation To GDP Per Capita And GDP Growth' [2014] SSRN Electronic Journal Uddin G, Alam K and Gow J, 'Population Age Structure And Savings Rate Impacts On Economic Growth: Evidence From Australia' (2016) 52 Economic Analysis and Policy Wesselbaum D, 'Labour Market Dynamics In Australia' (2014) 47 Australian Economic Review 'Why Australia Prospered: The Shifting Sources Of Economic Growth' (2013) 50 Choice Reviews Online Wilkins R, 'Measuring Income Inequality In Australia' (2015) 48 Australian Economic Review Yung J, 'Can Interest Rate Factors Explain Exchange Rate Fluctuations?' [2014] SSRN Electronic Journal Lewis W,Theory Of Economic Growth(Taylor Francis 2013) Meade J,A Neo-Classical Theory Of Economic Growth(Routledge 2012)

Boundaries Of Ownership Essays - Intellectual Property Law, Monopoly

Boundaries Of Ownership BOUNDARIES OF OWNERSHIP Nobody owns this essay. It is important that I make this very clear and that I do so at the earliest possible moment. I must do this because the essay that you are reading is about intellectual property, and that means that this essay must be self-referential. When one writes or speaks or communicates in any way about intellectual property, one is dealing with some of the most basic rules of the very medium in which one is operating. There is no neutral ground here, no possibility of genuine detachment or objectivity. Either I am going to claim the protection of the current laws that apply in the United States and under the World Intellectual Property Organization, or I am not. So here it is: I am not. There is a name just under the title of this essay, but that name has no connection with any concept of ownership. What you read here is not controlled by any copyrights, trademarks, service marks, patents, trade secrets, or any other kind of intellectual property. The words on this page are not an authoritative version of this essay; no such version exists, and--as far as I am concerned--no such version ever will exist. The only limits on what you can do with this essay and the words in it are the limits imposed by the laws of physics and the extent of your imagination. As the available technologies advance, the limits will move outward, and you will be able to do more and more things with these words. No matter what you do with this material, I will not send lawyers chasing after you demanding royalties or anything else. If you do get into some sort of trouble for using something from this paper, that trouble won't be started by me. Why am I doing this? Why am I abandoning copyright protection for my own creation, for something that I might eventually be able to make some money from? I am not an independently wealthy dilettante doing all of my writing purely as some sort of hobby; my wife and I are both struggling along on the meager money we get paid for teaching. My bachelor's degree is in writing (technical writing, to be precise), and I am working on a master's degree in the same field--so why don't I act the way that you would expect a writer to act? Why should I toss away control over my own work with such apparent recklessness? The simplest answer is this: I don't think that I actually have any control in the first place. Any person with a cheap personal computer, a cheap Internet connection, and extremely cheap software has the ability to take anything that can be seen or heard, modify it in any way they choose, make unlimited numbers of copies, and send those copies anywhere in the world. If one reads the previous sentence carefully, one can find details to quibble over; but the proof of its basic truth stands in front of millions of people every time that they turn their computers on, whether these people notice it or not. I see the obviousness of it every day that I use a computer, which is practically every day. It is my inability to ignore this reality which has finally driven me to abandon the idea of intellectual property for my own creations and to write this paper. One of my favorite descriptions of the situation comes from an article by journalist Charles Mann in the September 1998 issue of Atlantic Monthly: The transformation of intellectual property into electronic form creates new problems. If the cost of manufacturing and distributing a product falls, economic forces will drive down its price, too. The Net embodies this principle to an extreme degree. Manufacturing and distribution costs collapse almost to nothing online: zeroes and ones can be shot around the world with a few clicks of a mouse. Hence producers of digital texts, music, and films will have trouble charging anything at all for copies of their works--competitors can always offer substitutes for less, pushing the price toward the vanishing point. . . . Even as digital technology drives the

TKM Essay

TKM Essay TKM Essay Gabriela Angeles 814 5/27/14 MS136 To Kill a Mockingbird In the book To Kill a Mockingbird, Atticus who is a lawyer chooses to defend a black man named Tom Robinson that was accused of raping a white woman which is Bob Ewells daughter. In my own opinion its a good thing that Atticus defends Tom because no one ever stands up for the black people just because of the color of their skin. The whites do not think that the blacks should have the same equal rights as they do. Atticus thinks its wrong for them to do that so he tries to help them in anyway he possibly can even if it means giving his family’s name a bad reputation but its worth it to take a stand for what he believes in. Atticus wants his kids to be like him when they grow up, to be respectful to people no matter what the color of their skin is. One reason that Atticus should defend Tom Robinson is because Atticus believes everyone should be equal. â€Å"The way that man called him ‘boy’ all the time and sneered at him† This shows in ­equality because Mr.Gilmer was calling Mr.Robinson â€Å"boy† and well basically he was trying to say Mr.Robinson was irresponsible.Dill said it made him sick the way Mr.Gilmer was speaking and he said it wasn’t right to treat them that way. As a lawyer, Atticus promises to defend anyone that needs his help.There will be no change in prejudice until everyone receives the same treatment in the court system.All people deserve a fair trial and a fair judgement by their peers.† simply because we were licked a hundred years before we started is no reason for us not to try to win.† His point is that he takes the case seriously because it requires him to make a moral decision.He has to stand up not just for Tom Robinson, but against the town. He has to make the choice to do what he thinks is right. The other reason why i believe Atticus should defend Tom Robinson is because he wants to set a good example for jem and scout.As a father Atticus is affecionate with his children, jem and scout, ready with a hug when they need comfort and availabe to spend time reading to them. Although he allows his children freedom to play and explore, he is also a firm disciplinarian, always teaching his children to think of how their actions affect others and devising punishments to teach his children valuable lessons.For example Atticus says â€Å"you never really understand a person until you consider things from his point of view ­until you climb into his skin and walk around in it.† what this quote means is that you have to look at and understand things from the way that other people do.This quote tells us that atticus is a good example for his children because he is trying to intstil good moral values into his childrenÍ ¾ he is endorsing the value of equality.This lesson of equality is important because Maycomb is a town that is full of social prejudices, specifically social prejudice towards the black community.Not only does Atticus tell his children to treat people equally but he actually acts on his own words,making him a perfect role model.To show that Atticus is knowledgeable and a good example he says â€Å"this time we aren’t fighting the yankees, we’re fighting our friends.But remember this, no matter how bitter things get, they’re still our friends and this is our home.†This quote shows us that Atticus does not want his problem to become a problem for scout and jem. Some people say that Atticus should not have defended Tom Robinson because it created conflict for his family.It created problems for scout at school.†He had announced in the schoolyard the day before that Scout Finch’s daddy defended niggers.† Cecil Jacobs was teasing scout because her dad was defending Mr.Robinson.Atticus told scout

The british education system and it's effects on british business Essay

The british education system and it's effects on british business culture - Essay Example raditional forms of education while the development of technology and science have led to the need for the reform of the curriculum throughout the country. In accordance with the study of Koshy et al. (1998, 253) ‘over the past half-century, the British education system has undergone three major changes: an extension of opportunity for very able working class children to attend selective, state-funded grammar schools; a leveling out of opportunities within state-funded schools by abolishing the 11-plus examination and the introduction of a National Curriculum’. Extensive efforts have been made by the British government in order to align the country’s educational system with the relevant systems of other countries around the world at the level that such a decision could support the improvement of the British educational system in the long term. Of course, the educational system of Britain should be primarily based on the local social and cultural ethics as well as on the country’s educational facilities and the funds available for the realization of the relevant projects. Most important, the curriculum deliver ed in the country’s school should represent the British social values and ethics targeting mostly at the personal development of pupils/ students rather than their preparation for the workplace (a target that is included in any case among the priorities of the British government). Under these terms the British educational system is normally expected to affect the business culture within the specific country. The particular relationship between the British educational system and the British business culture will be clearer through the issues developed below. British business culture is based on a series of principles. Most of them are common among all entrepreneurial activities; there are also others that can be observed only in enterprises operating within a specific industrial sector (as an example, financial institutions are expected to have

Substance abuse counseling Essay Example | Topics and Well Written Essays - 1000 words

Substance abuse counseling - Essay Example The Occupational Outlook Handbook 2010-2011 edition stated that ‘persons interested in counseling should have a strong desire to help others and should be able to inspire respect, trust and confidence.’ This description would eliminate persons who are not people oriented or those who tend to be intrinsic or selfish in their desires. Apart from the requirements stated in the handbook it takes someone who possesses a strong character, a strong will and one who is able to separate himself from the problems of his client yet is caring enough to use all the facilities at his disposal in the search for a solution. The counselor should someone with a genuine interest in persons having this type of mental order. A person without this strong conviction will easily become frustrated in the face of challenges and problems associated with substance abuse counseling. The situations are often challenging so a counselor should be someone with great courage, having excellent interpersonal skills. One of the qualifications as outlined in the handbook is that a counselor must possess high physical and emotional energy. This is needed to deal effectively with the stressful cases and situations that are present on a regular basis. In some instances the counselor may work with groups or families but for the most part the job involves situations where they have to perform their tasks on an individual basis. The counselor has to be someone who has the ability to work independently or also work as a team. He should be a good listener and someone that has good rapport. He or she also has to be patient and develop measures of avoiding confrontation that can disrupt the counseling process. The counselor also has to adhere to the code of ethics. The American Counseling Association (ACA) Code of Ethics and Standards of Practice provide guidelines for counselors enabling them to make decisions that will uphold a high level of professionalism and ethical

Analysis of Marxist Critiques of Liberal Capitalism

Analysis of Marxist Critiques of Liberal Capitalism The standard litany of Marxist critiques of liberal capitalism rely on a common theme which presupposes that capitalism is fundamentally flawed and evil because it relies on a structure of exploitation, i.e., the bourgeoisie, those who own the means of production, ruthlessly exploit the proletariat, the individuals who sell their labor and do not own the means of production. Marx believed, essentially, that capitalist empires are built on the backs of the proletariat, who reap inadequate rewards for their work. He hypothesized that the essential difference between the various economic forms of society, between, for instance, a society based on slave-labour, and one based in wage-labour, lies only in the mode in which this surplus labour is in each case extracted from the actual producer, the labourer. (Marx, 1859[1967], p. 209) While well intentioned and valid in some ways, Marxists critiques generally fail on intellectual, practical, and empirical levels. The first intellectual failure is manifest in Marxs own quote, above, which presumes that wage-labor is effectively the same means of oppression as slave labor. This is only true if the proletariat serving as the labor have no means or hope of achieving ownership stake in the work that they do or the organizations for whom they do the work. Though it may have been true in 1859 when he wrote it, liberal capitalism has evolved, particularly in the United States, to the state of an individual-ownership society, where opportunities abound for individuals to assume a stake in the work that they do, not merely collect a paycheck for their labor.In Marxs mind, the only way for workers to free themselves from this slavery was to collectively own the means of production. The efficacy of this intellectual model has thus far been an abject failure in terms of the re sults when it has been attempted. On an empirical level, the simple truth is that the vast majority of governments that have been formed using Marxist or Communist theory have themselves tended to be exploitative disasters in comparison to the capitalist societies over which they were intended to demonstrate moral and economic superiority. The Soviet Union, which launched its Marxist revolution in 1917 under Vladimir Lenin, became a great economic and military power, but ironically did so only by exploiting its proletariat under the corrupt, oligarchic rule of totalitarian and in the case of Stalin, genocidal dictators who ruled with a combination of an iron fist and a vast, ossified bureaucracy. The Soviet Union collapsed under its own weight, a complete ideological failure, and its member states turned to capitalist economies and democratic forms of government. (To be fair, some Soviets, at the time of Lenins ascendancy, believed it was too soon to implement Marxist philosophies, since Marxs own requirement had not been met that the countrys capitalist economy had reached its evolutionary endpoint.) China, though still a viable nation-state which wields considerable economic power, has managed to avoid the Soviet Unions fate by introducing a considerable number of free-market elements into its state-controlled economy. Unfortunately, China shares the former Soviet Unions penchant for ruthless suppression of individual rights. The only other currently remaining bona fide Marxist/Communist state is North Korea, whose atrocious economic conditions, cultish culture of worship for its dictators, and lack of regard for individual rights, speak for themselves. That in 2005 Marxis m would have been so absent from the global political map would have been a heartbreaking blow to Marx, as would the fact that the only attempts at implementing his philosophies in their purest forms have led to brutal, totalitarian regimes which have arguably disrespected the proletariat as acutely as any unregulated capitalist economy. On a political level, Marx may have also underestimated the power of the marriage of democratic forms of government to liberal capitalist systems. In theory, at least, representative democracies are inherently structured to empower the proletariat by giving them participatory voice in the decision-making that goes into governing the economic systems of their nation. Democracy, as we know it today and as the pre-eminent form of government on the planet, was arguably still a relatively young paradigm as Marx was developing his theories. The primacy of the concepts of the worth and choice of the individual individual rights, individual freedoms is an inherently democratic notion which both contradicts the passive collectivism suggested by Marxism and also provides a built-in safeguard against capitalist excesses when they begin to favor oligarchies over individual rights. Democracy is unique in its ability to lessen ameliorate the harsher effects of unregulated market capitalism. When competitive markets are allowed to flourish unchecked, certainly great wealth is created, but Marxs critiques of exploitation become valid as monopolies and oligarchies spring up to choke off competition and create an environment in which the proletariat fail to benefit from the work they have put in on behalf of, for example, corporations. However, representative democracy has suffered the horrors of untempered market cycles and reacted accordingly. One of the best examples is the American Great Depression, in which a precipitous stock market crash in October 1929 set off an economic chain reaction that left tens of millions of Americans unemployed and in starvation. The collective clamor and cries of the proletariat prompted the elected government to take serious corrective measures over the next few decades to provide for means to temper the inherent boom and bust cyc les of free market capitalism, and to create a social safety net for the poor and the elderly (e.g. Social Security, guaranteeing retirement income to senior citizens). Similarly, in Europe, countries where the scourges of free market industrialism once ravaged the countryside, such as England, democratic systems of government have gradually eased their economies into socialist hybrids, market economies with considerable elements of state control and welfare systems to ensure the proletariat are well-cared for. Unfortunately, Marx either was unable to see the potential value of these future hybrid systems, such as market socialism, with their ability to compensate for inequities, or simply refused to believe in their viability because they failed to match his strident demand for idealistic purity within human interrelations: Even if such unjust inequalities were eliminated, Marx would still object to the quality of market social relations because they would continue to be predicated on a kind of self-seeking egoism contrary to the requirement of a true community. (Warren, 1998) On a psychological level, Marxist critiques of liberal capitalism also fail because they lack practical insight into how the human psyche operates and instead rely too heavily on utopian ideals of human beings operating idealistically on a collective level. Marxs theory of human nature is a biological fantasy, and we have the corpses to prove it. Which may drive us to wonder: if communism is deadly because it is contrary to human nature, does that imply that capitalism, which is contrary to communism, is distinctively compatible with human nature? (Wilkinson, 2005) The truth of the matter is that human beings are a hierarchically inclined species that thrive on power and competition. Left unchecked, these impulses can result in ghastly, fratricidal behavior, but when harnessed and properly channeled, these impulses form the heart of the free market economy, which thrives on individual initiative, healthy competition, and the quest for self-improvement and leadership. The psychological backbone of Marxist critique is the assumption of a perpetual state of victimhood on the part of the oppressed, which fails to take into account the inherent human tendency to resist oppression and reform existing systems into more egalitarian structures. In other words, Marxist-style revolutions may well be unnecessary, as the proletariat seems to frequently find ways within capitalist systems to assert their rights. People will always have their hunter-gatherer impulses, but this does not mean they are predestined to be deleterious: There is no way to stop dominance-seeking behavior. We may hope only to channel it to non-harmful uses. A free society therefore requires that positions of dominance and status be widely available in a multitude of productive hierarchies, and that opportunities for greater status and dominance through predation are limited by the constant vigilance of the peoplethe ultimate reverse dominance hierarchy. A flourishing civil society permits almost everyone to be the leader of something, whether the local Star Trek fan club or the city council, thereby somewhat satisfying the human taste for hierarchical status, but to no ones serious detriment. (Wilkinson, 2005) In the end, Marxism is a fundamentally pessimistic and pedantic philosophy, as are its critiques of liberal capitalism, which is a fundamentally optimistic and individualistic philosophy which endows each person with both the responsibility and the power to assume control of his or her own destiny and personal fulfillment. As sociologist Ellen Huang notes, under the lens of critical Marxist theories, inequality determines all human relations, and subsequently overemphasizes the oppressed nature of the colonized. Further abstractions of the dynamic of capitalism may overlook real forms of resistance, leaving utopian dreams as the only option for the oppressed. (Huang, 2003) Humanity is always in dire need of practical options rooted in dreams, not merely the dreams themselves, no matter how well intended they may be.

Surf Lifesaving Memorial

P1 †¢ Surf Life Saving Memorial Task To develop a memorial for the men and women contributing to the surf lifesaving association and culture Analysis of the siteBasic inspirations 1: Rolling swell 2: SLS primary colours3: â€Å"all seeing mentality† 1: Rolling swell 2: SLS primary colours3: â€Å"all seeing mentality† The proposed site is located at main beach and runs parallel to the Southport surf lifesaving club. Site dimensions equate to approximately 30 meters squared (5m by 6m). There are two walking paths positioned parallel to the northern and western borders.There is also a fence on the eastern border and a large pandanus tree just south of the site. The proposed site is located at main beach and runs parallel to the Southport surf lifesaving club. Site dimensions equate to approximately 30 meters squared (5m by 6m). There are two walking paths positioned parallel to the northern and western borders. There is also a fence on the eastern border and a large pandanus tree just south of the site. Design statement My design revolves around an â€Å"all seeing† mentality that is often associated with the SLS culture.Surf lifesavers protect people from the oceans unpredictable qualities and create a sense of security for beach goers. Watchful eyes ensure that nobody enjoying the wonders of a beach has to deal with dangerous or life threatening situations. As I progressed through my design I intended to keep this in mind at all times. The whole structure, excluding the metal support poles, will be constructed out of thick coloured sheets of soda lime glass. This particular type of glass was chosen due to the malleable and durable qualities that it offers.The centre piece will be a hollow and transparent piece of ocean blue glass. The top surface will be glass blown in accordance to the disks at either end of the design and will resemble the motion of rolling swells. All four glass disks will be identical in form but vary between yello w and red in colouration. The colouring of this design was chosen to commemorate surf lifesavers in a literal sense. Red and yellow to match the organizations primary colours and blue like the ocean.However, the symbolic meaning behind this design is far more potent and should evoke a strong feeling of security in those who view and consider the actual meaning of my memorial. The disk at the back will be used to look through and the three disks at the front will create a panoramic outlook onto Southports beachfront. This will metaphorically let people see â€Å"through a surf lifesavers eyes† and should remind observers that they are safe at the hands of lifesavers. Keeping an eye on the beach is a fundamental aspect of SLS and my design symbolically mirrors this important temperament.Plasticine models Figure 1. 1 Figure 1. 2 Figure 1. 3 Figure 1. 4 Design process The plasticene models shown on the previous page are an ordered process of my design. Figure 1. 1 was my initial concept and as you can see it incorperated the idea of an â€Å"all seeing metality† (two cylindrical shapes stemming off of an all seeing eye. ) This concept was discarded due to apprehensions regarding the eye.Although the eye and two viewing cylinders do commemorate surf lifesavers, I came to the conclusion that the design did not symbolically embody surf lifesavers. In Figure 1. 2 I was leaning more towards the idea of the ocean as well as an â€Å"all seeing mentality†. The wave was again a representation of SLS that is too literal. Figure 1. 3 was where my final design started to come together, the concept of an enclosed glass structure started to take form and the intention behind this design was ultimately to give people a view through â€Å"a surf life savers eyes†.By the time I had made my fourth and final model (Figure 1. 4) It can be seen that the shape and form were very similar to my final concept sketches and computer generated proposals. Technic al drawings with dimenentions Figure 2. 1 Figure 2. 1 Figure 2. 1 Figure 3. 2 Figure 3. 2 Figure 3. 1 Figure 3. 1 In figure 2. 1 there is a picture of a human placed next to the front and side projections. This gives us an idea of scale in regards to design size. The proposal is 2000 mm In height and 5000mm in length.From the human scale we can see that the viewing disk at the back of the design will be at eye level for most average heighted people. This is a key design feature considering the whole purpose of the proposal is to let people view the beach through the glass design. Figure 3. 2 is a rendered image taken from the back end of my design, it’s an interesting image in the sense that it actually gives us an idea of what it would look like to look through my proposal, the only difference being that one would see Southports beachfront as a background rather than an autodesk inventor background.Figure 3. 2 is a rendered image taken from the back end of my design, it†™s an interesting image in the sense that it actually gives us an idea of what it would look like to look through my proposal, the only difference being that one would see Southports beachfront as a background rather than an autodesk inventor background. Figure 3. 1 is a rendered image of the front end of my design in a perspective view. Figure 3. 1 is a rendered image of the front end of my design in a perspective view. Figure 3. Figur Development sketches (journal work) Additional rendered images Surf Lifesaving Memorial P1 †¢ Surf Life Saving Memorial Task To develop a memorial for the men and women contributing to the surf lifesaving association and culture Analysis of the siteBasic inspirations 1: Rolling swell 2: SLS primary colours3: â€Å"all seeing mentality† 1: Rolling swell 2: SLS primary colours3: â€Å"all seeing mentality† The proposed site is located at main beach and runs parallel to the Southport surf lifesaving club. Site dimensions equate to approximately 30 meters squared (5m by 6m). There are two walking paths positioned parallel to the northern and western borders.There is also a fence on the eastern border and a large pandanus tree just south of the site. The proposed site is located at main beach and runs parallel to the Southport surf lifesaving club. Site dimensions equate to approximately 30 meters squared (5m by 6m). There are two walking paths positioned parallel to the northern and western borders. There is also a fence on the eastern border and a large pandanus tree just south of the site. Design statement My design revolves around an â€Å"all seeing† mentality that is often associated with the SLS culture.Surf lifesavers protect people from the oceans unpredictable qualities and create a sense of security for beach goers. Watchful eyes ensure that nobody enjoying the wonders of a beach has to deal with dangerous or life threatening situations. As I progressed through my design I intended to keep this in mind at all times. The whole structure, excluding the metal support poles, will be constructed out of thick coloured sheets of soda lime glass. This particular type of glass was chosen due to the malleable and durable qualities that it offers.The centre piece will be a hollow and transparent piece of ocean blue glass. The top surface will be glass blown in accordance to the disks at either end of the design and will resemble the motion of rolling swells. All four glass disks will be identical in form but vary between yello w and red in colouration. The colouring of this design was chosen to commemorate surf lifesavers in a literal sense. Red and yellow to match the organizations primary colours and blue like the ocean.However, the symbolic meaning behind this design is far more potent and should evoke a strong feeling of security in those who view and consider the actual meaning of my memorial. The disk at the back will be used to look through and the three disks at the front will create a panoramic outlook onto Southports beachfront. This will metaphorically let people see â€Å"through a surf lifesavers eyes† and should remind observers that they are safe at the hands of lifesavers. Keeping an eye on the beach is a fundamental aspect of SLS and my design symbolically mirrors this important temperament.Plasticine models Figure 1. 1 Figure 1. 2 Figure 1. 3 Figure 1. 4 Design process The plasticene models shown on the previous page are an ordered process of my design. Figure 1. 1 was my initial concept and as you can see it incorperated the idea of an â€Å"all seeing metality† (two cylindrical shapes stemming off of an all seeing eye. ) This concept was discarded due to apprehensions regarding the eye.Although the eye and two viewing cylinders do commemorate surf lifesavers, I came to the conclusion that the design did not symbolically embody surf lifesavers. In Figure 1. 2 I was leaning more towards the idea of the ocean as well as an â€Å"all seeing mentality†. The wave was again a representation of SLS that is too literal. Figure 1. 3 was where my final design started to come together, the concept of an enclosed glass structure started to take form and the intention behind this design was ultimately to give people a view through â€Å"a surf life savers eyes†.By the time I had made my fourth and final model (Figure 1. 4) It can be seen that the shape and form were very similar to my final concept sketches and computer generated proposals. Technic al drawings with dimenentions Figure 2. 1 Figure 2. 1 Figure 2. 1 Figure 3. 2 Figure 3. 2 Figure 3. 1 Figure 3. 1 In figure 2. 1 there is a picture of a human placed next to the front and side projections. This gives us an idea of scale in regards to design size. The proposal is 2000 mm In height and 5000mm in length.From the human scale we can see that the viewing disk at the back of the design will be at eye level for most average heighted people. This is a key design feature considering the whole purpose of the proposal is to let people view the beach through the glass design. Figure 3. 2 is a rendered image taken from the back end of my design, it’s an interesting image in the sense that it actually gives us an idea of what it would look like to look through my proposal, the only difference being that one would see Southports beachfront as a background rather than an autodesk inventor background.Figure 3. 2 is a rendered image taken from the back end of my design, it†™s an interesting image in the sense that it actually gives us an idea of what it would look like to look through my proposal, the only difference being that one would see Southports beachfront as a background rather than an autodesk inventor background. Figure 3. 1 is a rendered image of the front end of my design in a perspective view. Figure 3. 1 is a rendered image of the front end of my design in a perspective view. Figure 3. Figur Development sketches (journal work) Additional rendered images

Inception Reflection Essay

After watching inception twice I am still confused as to what was real and what was not. I have come to the conclusion that the entire movie was Cobb dreaming. I believe this because Cobb’s totem used to be his wife’s totem. He only retrieved the totem when they were stuck in limbo. He said never to let anyone else feel the weight of your totem. Meaning that he himself has no way of knowing the actual weight or feel of his wife’s totem. In other words Cobb has no totem, no way of knowing what is real and what isn’t. The totem only shows Cobb what he wants to believe. Since the entire movie was a dream of his making, his subconscious may have led the totem to drop/ wobble when he wanted to believe he was in reality. I believe that Cobb’s wife Mol was the one trying to pull them back to reality. Mol kept trying to draw him out when in reality he kept falling further and further. Cobb didn’t join Mol in jumping off the building to get into reality. Cobb has been dreaming for so long and so deep that he has lost reality. The main reason I believe Cobb has been dreaming all along is because of the ending. When Cobb thinks he has arrived back to reality and back to his children, they are wearing the same clothes, and in the same position as he last saw them. He became suspicious and spun the top. Cobb finally saw his kid’s faces and walked away from his totem. Seeing his kid’s faces was enough reality for him. Cobb created his own reality. He formulated the entire dream to justify his belief in what was real and what wasn’t. He needed the elaborate dream to lead him back to his children which signify his reality. With that being said, I believe the movie argued for idealism. Cobb’s reality was based on the mind. If the totem had not been his wife’s, and had not been found in a dream, I would have argued for realism. Because the material thing, or totem, would be what determines reality. The top was supposed to keep spinning in a dream, and wobble or drop in reality. However as stated before Cobb found the totem in a dream, and it wasn’t even his totem, therefore it holds no significance in determining reality. With my interpretation of the entire movie being a dream of Cobb’s, the movie would have to be based on empiricism. Cobb experiences things that I don’t believe were reality yet he takes them to be true. For example, if the movie was in fact all a dream of Cobb’s, then his wife’s suicide was just a projection of his imagination. Yet as he dreams deeper he believes it to be true. Cobb’s knowledge is based on experience because really there is no reason or rational to rely on when your dreaming within a dream within a dream within a dream, etc. Like Cobb said, once you make it down to limbo it is hard to sense what reality is. Cobb’s only grip on reality is his totem, which I explained before, was never really his in the first place. He has no reason. He only has experience to rely on. His experiences in his dreams become his reality. What reason do you have to cling to when the biggest determination of reality(the totem) isn’t real. In the end when Cobb see’s his children’s faces, the experience of being with them is all he needs to justify reality. Hence why he walks away from his totem. Cobb’s experiences within a dream are what formulate his reality. If it was reason that formulated his reality, he wouldn’t be in limbo anymore. He would have listened to his wife and figured out that he is still dreaming by now. He would have never accepted that totem as his own. I would like to argue both pragmatic and coherent theories for my take on Inception. However, I do believe the coherent theory fits a little better. The coherent theory states that something is true if it is consistent with other beliefs that are held to be true. The problem in this theory is that there is no definition or criteria of what a logical belief is. Cobb thinks his wife is stuck in limbo and that he is in reality. Basically any thought that he has that coheres with that main thought is true. Him believing he was hired to plant an idea in Fishers mind was in fact true to him. The capability of planting an idea in someone’s head was true to him. Why? Because his core belief was that he himself had planted an idea in his wife’s head before, causing her to lose touch with reality. All belief’s Cobb had were consistent with his main belief, that he was not longer in limbo. Cobb believed that the totem actually did tell him when he was or wasn’t dreaming. However as stated before the totem wasn’t his to begin with so how could that be true? How could it be true that when the totem wobbles or falls he is in fact in reality? He found the totem in limbo, so he doesn’t know what the true weight or feel of that totem is. Yet he believes in this totem because he needs to. His mind has created a scenario to help him retrieve what he craves, reality. The elaborate dream and all of his truth’s cohere in order to get him back to happiness. Although Cobb may not be in reality, his belief of being so is enough to satisfy him. Cobb’s mind created what he wanted to believe was reality. I guess if you have no grip on reality anymore, creating the closest thing to it would be your best shot at happiness.