An Enquiry Concerning Human Understanding By David Hume

David Hume, the Scottish empiricism philosopher who endorses on all knowledge is obtained from sense-experience and he practices moderate skepticism for his entire academic life. Hume’s moderate skepticism refers to abduction today in which it means inference to the best explanation. To it another way, he means credible belief is possible and genuine knowledge could be inaccurate. In the â€Å"section IV- Sceptical Doubts concerning the Operation of the Understanding† part two of the book â€Å"An Enquiry Concerning Human Understanding†, David Hume intends to clarify about how induction (moral reasoning) works in the knowledge of cause and effect. Accordingly, he shares â€Å"[i]n reality, all arguments from experience are founded on the similarity, which we discover among natural objects, and by which we are induced to expect effects similar to those, which we have found to follow from such objects† (p.23). Based upon his writing, Hume explains most peopl e tend to reason a particular instance and expect the future outcome depending on their past experiences; they make conclusions with inductive reasoning. However, the induction has limitation because it doesn t guarantee future instances will resemble previously observed ones. An example of induction argument: Previously, the temperature of mid summer in California has been always above 100 degrees Fahrenheit. Therefore, the temperature of mid summer in California will always be above 100 degrees Fahrenheit. This argument usesShow MoreRelatedAn Enquiry Concerning Human Understanding By David Hume Essay931 Words   |  4 Pagesreasoning (rationalism) has been the subject of academic debate among scholars. However, we will only focus on the limitation of pure reasoning, compare both David Hume and Rene Descartes’ views of knowledge, and decide whose belief works better to attain genuine knowledge in this paper. In the book â€Å"An Enquiry Concerning Human Understanding†, David Hume specifically clarifies on how moral reasoning (induction) works in the knowledge of cause and effect and he shares on its limitation. Accordingly, he writesRead MoreAn Enquiry Concerning Human Understanding By David Hume2287 Words   |  10 PagesIn Section IV of An Enquiry Concerning Human Understanding by David Hume, Hume provides argument that will outline that any conclusions about the future based on past experience are limited to being just probable suppositions, because all arguments that claim to know the future impacts of an object’s â€Å"secret powers† (Hume 21) are based in assumption. By â€Å"secret powers† (Hume 21), Hume means those abilities of an object, such as a loaf of bread, to â€Å"support†¦ a human body.† (Hume 21) The bases for Hume’sRead More Enquiries Concerning Human Understanding by David Hume Essay1279 Words   |  6 Pagesof thought in the human mind, and many different reasons for this origin have been put forth. As a philosopher, it is only fitting that Hume would propose his own framework for human thinking. For Hume, perceptions are developed either as the understanding of the outside world, or as recollections of these events or alterations of these memories within the mind ¹. This distinction is important, as it allows Hume to differentiate perceptions as true or false notions. With this, Hume puts forward hisRead MoreIn An Enquiry Concerning Human Understanding by David Hume, the idea of miracles is introduced.1300 Words   |  6 PagesIn An Enquiry Concerning Human Understanding by David Hume, the idea of miracles is introduced. Hume’s argument is that there is no rational reason for human beings to believe in miracles, and that it is wrong to have miracles as the building blocks for religion. It is because the general notion of miracles come from the statement of others who claim to have seen them, Hume believes that there is no way to prove that those accounts are accurate, because they were not experienced first-hand. In orderRead MoreAn Inquiry Into Human Enquiry1228 Words   |  5 Pagesinto Human Enquiry In An Enquiry Concerning Human Understanding, David Hume argues for the division of human enquiry into two types: relations of ideas and matters of fact. Relations of ideas are certain and may be found through only thinking, while matters of fact are uncertain and depend on the world around us (Hume 18-19). I will argue in this paper that Hume’s view on human enquiry is conceivable but that there remain some reasons to doubt the accuracy of his categorization. Hume arguesRead More Cause and Effect in David Hume’s An Enquiry Concerning Human Understanding851 Words   |  4 PagesCause and Effect in David Hume’s An Enquiry Concerning Human Understanding In An Enquiry Concerning Human Understanding, David Hume states, â€Å"there is not, in any single, particular instance of cause and effect, any thing which can suggest the idea of power or necessary connexion† (Hume, 1993: 41). Hume establishes in section II that all ideas originate from impressions that employ the senses (11). Therefore, in order for there to be an idea of power or â€Å"necessary connexion,† thereRead MoreDefending Hard Determinism Against the Strongest Objections Raised Against It1161 Words   |  5 Pagesand defined description of both hard determinism and its eventual nemesis indeterminism. Based on these definitions there will be a personal attempt at denying hard determinism. This will be accomplished through the introduction of David Hume and his radical philosophy on causality and the relation this may have on hard determinism, as well as the various possibilities it may distinguish. Furthermore the Causal Principle will also be introduced and slandered in its incapabilityRead More Comparing Knowledge in Descartes’ Meditations on First Philosophy and Hume’s An Enquiry Concerning876 Words   |  4 PagesComparing Knowledge in Descartes’ Meditations on First Philosophy and Hume’s An Enquiry Concerning Human Understanding, Rationalists would claim that knowledge comes from reason or ideas, while empiricists would answer that knowledge is derived from the senses or impressions. The difference between these two philosophical schools of thought, with respect to the distinction between ideas and impressions, can be examined in order to determine how these schools determine the sourceRead MoreEssay on David Humes Theory of Knowledge858 Words   |  4 Pagesbelonged to David Hume, a Scottish philosopher. Hume was born on April 26, 1711, as his family’s second son. His father died when he was an infant and left his mother to care for him, his older brother, and his sister. David Hume passed through ordinary classes with great success, and found an early love for literature. He lived on his family’s estate, Ninewells, near Edinburgh. Throughout his life, literature consumed his thoughts, and his life is little more than his works. By the age of 40, David HumeRead MoreDescartes and H ume: A Look at Skepticism and Finding Stability915 Words   |  4 PagesMeditations on First Philosophy, Descartes concludes that in order to achieve this stability, he must start at the foundations for all of his opinions and find the basis of doubt in each of them. David Hume, however, holds a different position on skepticism in his work An Enquiry concerning Human Understanding, for he criticizes Descartes’ claim because â€Å"‘it is impossible,’† (qtd. in Cottingham 35). Both philosophers show distinct reasoning in what skepticism is and how it is useful in finding stability An Enquiry Concerning Human Understanding By David Hume The Medium to Grasp the Future In Section IV of An Enquiry Concerning Human Understanding by David Hume, Hume provides argument that will outline that any conclusions about the future based on past experience are limited to being just probable suppositions, because all arguments that claim to know the future impacts of an object’s â€Å"secret powers† (Hume 21) are based in assumption. By â€Å"secret powers† (Hume 21), Hume means those abilities of an object, such as a loaf of bread, to â€Å"support†¦ a human body.† (Hume 21) The bases for Hume’s claims are in the question he posits asking, â€Å"What is the foundation of all conclusions from experience?† (Hume 20) In other words, Hume seeks to find the substance or grounding of conclusions that are formed†¦show more content†¦A means by which the barrier that separates the past from the future can be broken down thus giving inferences or conclusions from experience grounding in reason as opposed to being just probable statements. He goes on to provide the reason for which arguments that claim to â€Å"foresee†(Hume 22) are limited to probability. His reasoning is that these arguments intend to prove that the future will look like the past, yet do so by assuming that â€Å"the future will be conformable to the past†(Hume 23) thus plaguing them with circuitous logic. (Hume 23) What Hume means is that the point in question which is sought to be resolved, is done so by assuming that this point will hold true, thus using the assumption that something will hold true to prove that this same thing will hold true. Additionally, this argument’s grounding in an assumption which may or may not hold true, makes it probable due to its foundation built on a probable factor, almost like a tower built on sand. Hume’s negative argument for reasoned foresight based in experience hinges upon the claim that these arguments lack a â€Å"mediumâ⠂¬ (Hume 22) by which the future can be shown to be conformable to the past, stating that these arguments are based in assumptions, which make them nothing more than probable. (Hume 20-24) This is a very strong argument by Hume because he calls for a positive argument that provides a â€Å"medium† (Hume 22), which can perform the vital task of

How Companies Maximize Profits - 1591 Words

Every company aims at maximizing its profit. This can be achieved by maintaining quality of services and goods, providing appropriate supply, and analysing consumers’ demands. However, there are number of economic factors that hinder this operation. These factors are government regulations, rate of interest, exchange rate, trade cycles, general price level, employment and income, economic growth, and supply and demand. Economics consists of macroeconomics and microeconomics. The former analyses national economy and offers knowledge about the business environment (Samuelson Nordhaus 2010, p.5). Macroeconomics centres on the overall economy rather than the fine specifics (Arnold 2011, p.). Here, there are a number of models that explain the relationship between international finance, international trade, investment, savings, inflation, unemployment, consumption, output, and national income. Trade cycles cause fluctuations in costs of services or goods. These cycles include recovery, depression, recession, and prosperity. The managing director will have to consider aspects such as deflation and inflation and macroeconomic policy (fiscal and monetary) to run the company efficiently. For instance, banking facilitates fiscal and monetary policies that affect consumers and businesses as well; that is, the policies influence inflation and economic activities (Arnold 2011, p.252). The latter examines the market behavior of firms and individual consumers in order to understand theShow MoreRelatedDifferentiating Between Market Structures Essay1077 Words   |  5 Pagesinterdependence among firms in determining pricing and output to maximize profits. The author of this paper will cover: the advantages and limitation of supply and demand identified in the simulation, the effectiveness of the organization in which the author knows, and how the organizations in each market structure maximizes profits. The simulation looks at all four types of market structure within the East-West Transportation Company. The four divisions operate within each of the four market structuresRead MoreAirline Pricing And The Game Of Yield Management1107 Words   |  5 Pagesdecades, the airlines are looking for the possibility to improve their yield management to maximize their profit. In order to achieve it, they have started to develop the yield management analysis, to understand the best time to sell the flight tickets with higher or lower prices, so, helping them to decide properly. How can airline companies improve their yield management in order to increase their profit without demand analysis? According to the OpenStax College, economists have defined the termRead MoreManagerial Economics : Assignment Questions1409 Words   |  6 PagesThe Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so families can choose what kinds of non-toxic, all-natural products they d like to use and get them in a bundle. Families can choose all kinds of products from food to hygiene necessities and cleaning supplies. Suppose they are thinking of expanding their business into five domestic markets: Phoenix, Dallas, Chicago, New York, and Atlanta. Assume their primary goal of business is to maximize economic profits, althoughRead MoreShareholder Theory Vs. The Competing Ideas Of Stakeholders Theories946 Words   |  4 Pagesthe sole responsibility and how these action may affect business as a whole. Finally I will take time to examine each and conclude with a personal justification to each. To make a profit, that s what most would say is the end goal in every business for the most part. Shareholder theory also related with stockholder theory providing a main emphasis on maximizing profit. Maximize profit within the corporation with the the help of the appointed executives within the company. This theory avoid the aspectRead MoreTootsie Roll Loan1548 Words   |  7 Pagesbe preparing a loan package to maintain ultimate company performance, maximize the company’s profits, and increase the shareholder’s value. Tootsie Roll Industry Inc. will be applying for a loan that will increase the company’s total liability by $17,449.50. A perfect loan package includes a concise executive summary that focuses primarily on the ratio analysis of the financial statement, justification for the loan, and explanation of how the company intends to use loan. The corresponding ratio calculationsRead MoreMaximizing the Corporate Objective with the Stakeholder Theory103 9 Words   |  4 Pagesdecisions so as to take account of the interests of all stakeholders in a firm, including not only financial claimants, but also employees, customers, communities, and governmental officials. Because the advocates of stakeholder theory refuse to specify how to make the necessary tradeoffs among these competing interests, they leave managers with a theory that makes it impossible for them to make purposeful decisions. With no clear way to keep score, stakeholder theory effectively makes managers unaccountableRead MoreDividend Decision : Profit Decision1035 Words   |  5 Pagespolicy that the company plans in regard to earnings for distribution as dividends to shareholders. Dividend decision determines the ratio of earnings between shareholders and retained earnings. †¢ The dividend decision is a decision about the amount and timing of any cash payments made to the company’s shareholders made by the directors of a company. The dividend decision is very important for the present day business world. †¢ The dividend decision play an important role in the company because it mayRead MoreBranding, Pricing, and Distribution1528 Words   |  7 Pagescompleted marketing strategy. The ultimate goal is to reach a successful culmination of all three tiers that will have a successful impact in introducing the brand, pricing it correctly, and forming a distribution model that will maximize the competitive advantage to the company or service in question. This report will outline the steps in developing a local branding outline as well as an international branding strategy .The idea behind branding is to differentiate your product, value, quality or serviceRead MoreThe Clash Between Management And Ownership1311 Words   |  6 Pagesdirectly, therefore a separation of ownership and control is needed. A managing team will run the corporation and this will easily lead to conflicts between the interest of the management and the shareholders. In this essay we will look at how the conflict s arise and how to mitigate these problems with different policies. The clash between management and ownership is called an agency problem. An agency problem can be defined as â€Å"when managers, despite being hired as the agents of shareholders, put theirRead MoreBusiness Strategy : Phillips Morris And R.j Essay1193 Words   |  5 PagesMorris and R.J. Reynolds are two of the most profitable businesses in the tobacco industry. Both companies have been established for many years and want to increase revenues. However, both have the same level of advantages and disadvantages, due the similarity in product being produced. As rivals, and competing for an increase in consumers, strategies are required to meet corporation goals. Both companies have a successful selling performance. But, marketing strategies can make the difference in increase

Accounting Auditing and Assurance

Questions: a). Discuss the steps that you need to consider before accepting to do an audit of the KGC Ltd. mine in PNG? b). If the inherent risk of the KGC Ltd. mine in PNG is estimated as 80% and the control risk and detection risk are estimated at, respectively, 10% and 50%, should your audit firm accept the role of doing an audit of the KGC Ltd. mine in PNG? (Explain) c). List and discuss what should be included in an audit program for the KGC Ltd. mine in PNG. Your program should include general coverage plus items 1 to 8, above. d). If KGC Ltd. revalues its major PPE assets from historic cost to fair market value, what are the major concerns for the auditor and what tests should the auditor perform to resolve those concerns? e). Review of the future prospects of the mine f). In a triple-bottom line addendum (i.e. addition) to their GPFS, KGC Ltd. described their operations as being socially responsible and environmentally friendly. Are you willing to sign-off on that statement as being true and fair? (Explain) g). KGC Ltd. is hoping to raise $5 billion AUD, KGC Ltd. via a share issue. In the share prospectus,3 KGC Ltd. that its PNG operations are its principal asset and described those operations as low risk and that it expected them to be indefinite (permanent) in duration. Are you willing to sign-off on that prospectus as being true and fair? (Explain). Answers: a): Before conducting the audit of Karrick Gold Copper Ltd mine operating in the Papua new Guinea , the first and foremost task is to look into the matter that whether the operating company are in compliance with the Auditing standard of Australia. There are few conditions which are to be met before conducting the audit by the auditors. The financial statement are prepared using the framework of the financial reporting of the company and the auditor is required to determine the acceptability and accuracy of the financial reports. He is required to take into account the nature of the entity and the evaluation of the financial statements as per the rules and regulations prescribed it. The auditor should be accessible to all the indispensable information which is needed in carrying out the audit. The reporting of the financial data are free from the error or any fraud. The auditor should also investigate the company in terms of every factors and evaluate it regarding its potentiality to pe rform its work. The auditor is required to look into the issues relating to .the confidentiality and whether there is any interest conflict. Evaluation of all these matters should be performed and the documentation of the Same should be done. The ethical matters should also be looked into. The above enquiries would enable the auditor in concluding that firms integrity is not being questioned which might create risk which is not acceptable. The auditors task before accepting the audit is to determine whether the firms does not risk itself when it comes to ethics. When the several threat are discovered , the auditors should not decline the task of auditing and should be able to safeguard the measures which reduces the risk level and that can be accepted (Ahammed 2015). The auditors are also required to make the client acquainted that they are to make the statement in accordance with the scenario presented to them. If the auditor is asked to disclaim the opinion of financial statements evaluated, in that case the agreement to engage in the auditing should be turned down and also if the framework of the financial statement is not acceptable and is not in accordance with the guidelines. KGC ltd has been held responsible for not being environment friendly and it has exposed to the ethical threats and so before conducting the audit ,the auditor should safeguard the measures to reduce the risks or the threat to an acceptable level. Therefore, it is very crucial for the auditors to do the evaluation before engaging in the new engagement. b): First of all, we get to define the risks associated with auditing. Inherent risk exists when the organization lacks internal control and there is a material misstatement .KGC Ltd has inherent risk of 80 % which is quite high indicating that it lacks internal control. Here, the auditor needs to directly evaluate the account balances and he cannot rely on the actions of the client. The auditors need to assess the risks by applying the procedures to evaluate the clients and the environment in which it operates. The control risks it at its low at 10 % which refers to how the control has been designed and operated and the auditor must investigate and look for evidence supporting it. The detection risks stands at 50 % and it implies that there is half a chance that the auditor would not be able to detect the materiality in the financial statements or any account balances and he would be relying on the information provided by the client for detecting the additional uncertainty (Ali 2016). According to the audit risk model : Audit risk = Detection risk * Inherent risk * Control risk =.5 * .8 * .1 = .04 = 4 % Here , the auditor verifying the financial statements has 4 % probability that he would be giving a wrong opinion of the financial statements evaluated. The percentage is low which is acceptable and reasonable (Griffiths 2012). Before the audit firm conduct the auditing of KGC Ltd , he should take into account all the risks but he has no control over inherent risks which needs be prcised as it has direct impact on the auditing procedures followed and so the auditing procedures followed should be substantive. The auditing firm need to perform some checklist before conducting the audit : Audit firms need to assess and judge the relevance of the audit risks before applying the auditing procedure as conducting the audit tasks is quite expensive and time taking as well and the auditor can extend the auditing the auditing procedure if demanded. Though the inherent risk is quite high , the desired audit risk level has not exceeded and it should be accepted. The audit firm should accept the role of auditing the KGC Ltd. c): Audit program is a procedure followed by the auditor to confirm the validity of the documents incorporated in conducting the audit and also to ensure that the plans were in compliance with the regulations. The criterias are to be set and accordingly the auditing procedures are to be followed .The audit evidence on the basis of which the auditors form the opinion of the financial statement are to be determined. The auditor should prepare the audit program considering several points which are as follows : The first and foremost point which an auditor should look into in planning for audit is the size and nature of the business. The entity to be audited is small or medium. This would enable to perform the auditing and plan and executing in accordance with the accounting standard which gives guidelines specific to that particular entity for which the audit is being performed. The KGC Ltd could be sought as medium entity with its total book value of $ 21.5 billion and the evaluation of the same should be done. Details of various audit work to be performed forms the list of audit program content , such as the balance sheet and the profit and loss statement of the entity should be verified. The tax payment to the PNG government and the royalties to the mine owner should be of the same value in the account of balances as provided by the company. The time which would be employed to conduct the audit task should be also framed. Here, the entity is being accused of being not environmentally friendly and it poses ethical threat to it and it involves estimated costs of $ 60 billion to remediate it and the company claims its annual benefit to be much higher to offset the harm. The audit firm needs to invest considerable amount of time depending upon the outcome of the case initiated by the ecological group (Flammer 2013.). The audit report to be prepared after having a detailed inspection of all the relevant documents and auditor can also review the previous years documentation to understand the way of performing the tasks So, with reference to the KGC Ltd we can see that several points are to be check listed and then included in the audit program. d): The revaluation of the assets of the firm from the historic costs to the fair market value is done by the expert team and so if the revaluation is done based on the reasonable fact then auditor should accept the revaluation . The property , plants and equipment are to be revalued at fair market price. The PPE are carried from over year to year as they are not held for sale. These assets are accounted for only once and they are closely controlled. In this case , the auditor should understand the clients and the environment in which it operates and any risks associate with the property or plant. The internal control over the property should be a concern to look after. The expenditure and the depreciation should be understand whether there is any manual mistakes . The auditors should follow appropriate procedure to assess the risks. He should perform the physical verification of the assets and to identify the costs there should be proper system. The auditor understand that the assets ar e revalued when they can be measured reliably. The auditor should consider the basis on which assets has been revalued and the evidence supporting the valuation should be adequate and reasonable. The auditor needs to analyze the economic benefit of the assets and when it does not hold any benefit , then only the assets are revalued. There should not be any material difference between the carrying value and fair value of assets (Gashi and Shala 2015). The satisfaction of the auditors considering the above facts should be adequate. e): The future prospects of the mining firm does not seems to be bright and this would be supported by many factors provided in the information. The firms license to carry out the mining activities from the PNG government is about to expire in eight years and it cannot explore the additional ore of reserves hence no chance of propelling. The quality and quantity of the ore extracted is not so much commercially viable . Moreover , KGC Ltd has been accused by several ecological group of being environmentally irresponsible as there was secretly dumping of 5 million liter of ore waste which could devastate the survival of human as well as animal. So , the mining firm is exposed to ethical threats. The political conflict might pose a threat to the existence of the firm in the Papua new guinea area as the tribals borders are closely related to the papua area and there is the possibility of the Indonesian army spilling the star mountain range area where the mine operates. The above factors explains the negative prospects of the firms. On the other hand there are other factors which shows some positive prospects. The people residing in the star mountain range depend on KGC Ltd for their livelihood and there are no other source of employment for them. Would it be closed the level of unemployment would rise to 95 % as compared to 32 % currently. KGC Ltd is the sole producer of water processing plants and operator of hospitals , health centers and school. This case verdict should be in favor of the firm because shutting it down would lead to devastation of human life. So the prospects of the mining firm KGC Ltd is a mixture of positive and negative prospects. f): The statement of KGC Ltd describing themselves as environmentally friendly and socially responsible could not be sign off as being true and fair. Some ecological group has put the allegation on the firm of being irresponsible and reckless when it comes to environment. The secret dumping of 5 million liter of ore waste into the river on which the population of village depends to draw drinking water and do the fish hunting was the reason of its being polluted and unfit for drinking and any other purposes. The mining and extracting process of ore and the dumping of the waste was not in favor of moral and ethical health of the firm. The statement made by the firm could not be justified in light of the above facts. g): Issuing of shares to raise $ 5 billion Australian dollar ( AUD) by KGC Ltd is how far fair can be depicted from the discussion made below : The prospectus containing the proposed business venture states that firms principal assets is its copper mine operating in Papua New Guinea is quite fair because major activities are in process at that particular place .The operations are expected to be permanent and at low risk which is a doubtful fact as the ongoing court case imposed by some ecological group makes the duration of the business operations uncertain and also the license from the PNG government to continue its operation expires in eight years and moreover extraction of lead ore is not viable commercially in terms of quality as well as quantity. So all these facts and factures does not make the future so fruitful for the company. Investors seeking to invest for long term and those who are risk averse would not be interested to invest in this company whereas the investors who are likely to take risk and are interested in short term investment might be willing to investing in this mining firm. The prospectus contains the detailed information on the basis of which investors can evaluate the companys financial health. The investors does not seem to be making a positive view in investing in the shares of the firm (Gifford 2012). Reference : Ahammed, K.F., 2015.GOVERNANCE IN SUSTAINABLE PUBLIC PROCUREMENT(Doctoral dissertation, INSTITUTE OF GOVERNANCE AND DEVELOPMENT, BRAC UNIVERSITY). Ali, A.M., 2016. 1MDB: The Financial Accountings Question of Going Concern.Journal of Public Administration and Governance,5(4), pp.142-162. Flammer, C., 2013. Corporate social responsibility and shareholder reaction: The environmental awareness of investors.Academy of Management Journal,56(3), pp.758-781. Gashi, M. and Shala, N., 2015. Preconditions that Affect in Increasing Control Effect and Increased Chance for Tax Fraud Detection.European Journal of Sustainable Development,5(1), pp.83-90. Gifford, J., 2012. Effective shareholder engagement: The factors that contribute to shareholder salience. InThe next generation of responsible investing(pp. 83-106). Springer Netherlands. Griffiths, M.P., 2012.Risk-based auditing. Gower Publishing, Ltd.

Yanomamo Tribe Essay Example For Students

Yanomamo Tribe Essay The YanomamoMy name is Eric Dunning and this is my proposal to go and study the Yanomamo tribe in the rain forests of Brazil. I have compiled a historical outline of the Yanomamo tribe and some of their religion and culture, ranging from marital status to the type of food they eat. I have chosen this tribe because according to many anthropologists the Yanomamo are perhaps the last culture to have come in contact with the modern world. The Yanomamo people of Central Brazil are one of the oldest examples of the classic pre-Columbian forest footmen. The Yanomamo live in almost complete seclusion in the Amazon rain forests of South America. The Yanomamo live in small bands or tribes and live in round communal huts called shabonos, which are actually made up of individual living quarters. The Yanomamo language consists of a variety of dialect, but no real written language. Clothes are minimal, and much of their daily life revolves around gardening, hunting, gathering, making crafts and visiting with one another. These small tribes hold their men in high ranks. Chiefs are always men who are held responsible for the general knowledge and safety of the groups women. The men are able to beat their wives if they feel the need to and are able to marry more than one woman at a time. This loose form of polygamy is a way of increasing the population of the tribe. Yanomamo people rely heavily on a system of political alliances b ased upon relationship. As part of that system, they have incorporated a complex feasting and trading system into their culture. One of these methods of forming political alliances is feasting. Feasting is when one village invites another village for a feast or dinner. During the feast there is a lot of social activity. The Yanomamo dance and mingle with each other along with eating a different variety of foods. The only catch is the other village must reciprocate a feast by one village. This feast is more like an American dinner party in which members of family or social group invite others to attend. A feast however can be dangerous and or fatal for those who attend. The Yanomamo can be very conniving and deceiving. They pretend to be loyal friends and invite the other village for a feast. The other very village very trustfully attends the feast not knowing that this might be their last meal. After the feast when the guests are helplessly resting in their hammocks they are attacke d and brutally beaten to death. The Yanomamo live in a constant state of warfare with other tribes and even within their own groups. Marriages are often arranged according to performances of ones relatives in battles. Ideal marriages are thought to consist of cross cousin marriages and the males of the family and the religious leaders of the tribe perform all marriages. In addition to their strong kinship ties, political alliances and thirst for revenge, the Yanomamo have a detailed religion, based on the use of hallucinogenic drugs and the telling of mythical tales. We will write a custom essay on Yanomamo Tribe specifically for you for only $16.38 $13.9/page Order now The religious beliefs of the Yanomamo are quite complex. According to Yanomamo wise men, there are four levels of reality. Through them, the Yanomamo believe that things tend to fall or descend downward to a lower layer is demonstrated. The uppermost layer of the four is thought to be pristine and tender. It is called duku ka misi and the Yanomamo believe that many things originated in this area. This layer does not play much of a role in the everyday life of the Yanomamo. It is considered to be just there, once having some vague function. The next layer down is called hedu ka misi and is known as the sky layer. The top surface is supposedly invisible, but is believed to be similar to earth. It has trees, gardens, villages, animals, plants and most importantly, the souls of the deceased. These souls are said to be similar to mortals because they garden, eat and sleep. Everything that exists on earth is said to have a counterpart on this level. The bottom surface of the layer is said to be what the Yanomamo on earth actually see:

Create and Sustain Tension in the Crucible Essay Example

Create and Sustain Tension in the Crucible Paper Going to the theatre is both an intimate and exciting experience for the audience. It creates a tense atmosphere by having the action so close to you. The theatre offers a completely different experience than sitting alone with a book. At the theatre you are sharing your experience, atmosphere and emotion with everyone around you. When youre reading a book you have to use your imagination and make up images about the characters in your head. You may feel closer to the characters whilst reading a book but in a theatre you are physically closer to the characters, which adds to the reality of the situation. I think that the way a theatre production happens in a short amount of time makes it a lot more dramatic than a book, which is spread out, and you can put it down whenever you want. At the theatre you feel more part of the drama than if you were reading a book. This is because you are a witness to all the events and if you know something that a character doesnt you feel involved. Theatre therefore creates such a tense and emotional atmosphere because of the live actors and reality of the performance. Arthur Millers play, The Crucible, illustrates how people react to hysteria created by one person or a group of people. We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This happened during the McCarthy hearings of the 1950s and the Salem witch-hunts of 1692. In the McCarthy hearings many Americans were wrongly accused of being Communist sympathizers. The activities of the House of Un-American Activities Committee began to be linked with the witchcraft trials that had taken place in the town of Salem. This provided Miller with the catalyst to write The Crucible. Without the knowledge of the McCarthy hearings and the Salem witch hunts, The Crucible may be seen as a melodrama and the events in the play, sensationalized. It is not a melodrama because it is actually not overly dramatic; the McCarthy hearings and the witch-hunts inject realism in the play. The play deals with historical events and with characters that have a historical context. The Crucible is based upon the happenings of the witch-hunts in Salem. The Salem community was made up of Puritans who had emigrated from England to escape persecution for their religious beliefs in 1620. The community was insular living by its own rules and regulations. Being Puritans they were very church loving and against the devil and ungodly acts such as dancing. The village was tightly knit, everyone knew each other and social status was very important. Arguments were common in such a claustrophobic environment. A community living in a puritan society like Salem could easily fall into a chaotic state and have great difficulties dealing with what they considered to be the worst form of evil. In the strong Puritan community, young males and females werent allowed normal social interaction, which consequently often led to sexual tension and jealousy. Superficially, Salems society seems to be one of belonging in that everyone shares the same values and religious beliefs, and complies by the rules; but the fact that Proctor and Abigail have an affair shows that this is not always the case. Abigails speech I know how you clutched my back behind your house and sweated like a stallion whenever I came near is highly dramatic in its animalistic imagery. Abigail presents herself to Proctor as the object of his desires. She uses language in an attempt to arouse Proctor to be drawn to her again. Abigail and Proctors relationship has a big effect on Elizabeth and Proctors relationship. At the end, Elizabeth is in the moving situation of performing an act that allows her husband to choose death: Only be sure of this, for I know it now: Whatever you will do, it is a good man does it. The key word is now because it tells us that there was a time when she doubted his goodness. Their love is what they belong to. We also become aware of Thomas Putnams desire to acquire more land. Both Giles Corey and John Proctor mention that the Putnams had a habit of claiming land that didnt belong to them. We also know that the Putnams blame Goody Osburn, Mrs Putnams midwife, for all their stillborn children. Looking for someone other than themselves to blame for these dead children, they point their finger at her for murdering their children: I begged him not to call Osburn because I feared her. My babies always shriveled in her hands! This shows how determined Mrs Putnam was to put the blame on witchcraft. This quote came in Act 1 just after Tituba had named Goody Osburn and three others accusing them of coming with her to the Devil. Another heated relationship is John Proctor and Reverend Parriss. Proctor dislikes Parris since he sees the Reverend as a greedy, ungodly man. For example, Parris complains of low salary. The Crucible is structured in four acts. Each act begins with low tension, then rises to a climax by the end of the act. For example at the beginning of Act Two there is a calm discussion between John and Elizabeth Proctor. The tension then starts to rise as Mary Warren gets back from court and angers John Proctor. The tension continues to rise as fingers are pointed and accusations made. The scene ends with Innocent Elizabeth Proctor being dragged off by the officials of the village. The climax of the scene is Mary Warren hysterically weeping because Proctor demanded that she tell the court how the doll came to be in his house with the needle stuck in it: Proctor (grabbing her by the throat as though he would strangle her): Make your peace with it! Now Hell and Heaven grapple on our backs, and all our old pretence is ripped away make your peace! This would make the audience feel Proctors anger but also feel slightly sorry for Mary, she is having pressure and blame placed on her by Proctor. At the climax at the end of each act the curtain falls and there is a blackout. This leaves the audience in a state of shock and frustration and allows them to reflect on and absorb what has just happened. Miller uses a variety of techniques to ensure that tension is not lost and is kept at a peak throughout the play. By using a basic form and structure, The Crucible is easy to follow; it uses the dialogue and pace to aid the building of tension to the ultimate tragic climax of Proctors death During The Crucible pace is used as a technique in creating tension. Throughout Act 1, the action is immediate and there is a constant flow of different people being introduced. By placing this act within a small room, Miller gives the feeling of the characters being suffocated and a lack of privacy in the village. In all four acts the setting is very similar. All the acts take place inside dark, small rooms without a lot of furniture. Throughout the play the settings are dark with a small amount of light seeping through the windows. This creates claustrophobic and brooding atmosphere, which makes the audience feel nervous, they are anticipating something sinister from when the scene starts. Act four is the only act that isnt set in the daytime, however it is lit, like every scene, by a small amount of light coming through the window but in this scene it is moonlight instead of sunlight: The place is in darkness but for the moonlight seeping through the bars. At the end of act four the sun rises to represent a new beginning after the highly dramatic end to the play. One of the ways Arthur Miller creates tension is by using dramatic dialogue to show the characters increasing hysteria. Proctor (with a cry of his whole soul): Because it is my name!

The eNotes Blog The Next New Thing PersonalizedLearning

The Next New Thing PersonalizedLearning One thing about education as a profession- the grass is never allowed to grow under a teacher’s feet for very long. There’s always something new coming down the pike, which isn’t necessarily a bad thing, but it does induce a kind of professional dizziness from time to time. Adapting to the â€Å"next new thing† is always a challenge, especially if it moves from the periphery onto the center stage in classroom practices. The most recent concept in education is personalized learning, not to be confused with differentiated instruction. Differentiated instruction addresses how lessons are delivered to students, based on their individual needs. Personalized learning is more complex. In its purest form, personalized learning allows students to choose what they will study and to proceed at their own pace in meeting individual goals. Implementing it requires four instructional strategies, which are summarized  in â€Å"Personalized Learning: A Working Definition†: Continual assessment as a student progresses toward â€Å"clearly-defined goals,† with the student advancing and earning credit after demonstrating mastery. Learning environments designed to meet students’ needs in reaching their goals. Customized  Ã¢â‚¬Å"learning paths† based on each student’s progress, motivations, and goals. Up-to-date â€Å"learner profiles† that chart each student’s strengths, needs, motivations, and goals. That’s a lot to do after taking attendance! Seriously, it’s a lot to do period, and the current demands of standardized  testing make personalized learning seem like a classroom fantasy. It’s a great idea, though, so what can be done to personalize learning in a system based on covering a specific curriculum in a limited amount of time?  Apparently, quite a bit, starting with learner profiles. The learner profile is one part of personalized learning that’s already in place. Learner profiles may not be written down, but they exist,  filed  in teachers’ minds where they’re continually reviewed and updated. Ask a teacher about particular students, and be prepared for  a  detailed  report on their individual strengths, weaknesses, and motivations. (You’ll also probably find out what’s holding them back or pushing them ahead and who frequently needs to borrow lunch money.)  I think we’re good on learner profiles, except perhaps for having students set some specific learning goals  for themselves. The rest of personalized learning has been broken down into five essential elements: Choice, Pace, Path, Mode, and Data.  Within these five elements, there’s room to personalize learning even when a teacher is tied to an articulated curriculum and a pacing guide in meeting state standards. Choice and Pace Be creative in writing curriculum-based lesson plans so that they offer students some choice in what they will study. Let students choose their own topics for research papers, allowing them to study what most interests them. Create a list of activities that address students’ interests, different learning styles, and multiple intelligences, and allow them to choose their own activities from the list. Design an independent study project with several parts, and let students decide how they will accomplish each part- what they will read and write and which project activities they will complete. Let students design and pursue their own independent study projects. Considering the time constraints in a classroom, it’s unlikely that all students will be able to proceed at their own pace, all the time, in completing their work, but it’s usually possible to be somewhat flexible in setting due dates for assignments. Path and Mode These elements refer to the ways individual students pursue learning objectives and the means they use in mastering them. Providing students with different learning paths and different modes of study requires making some fundamental changes in instruction. Everyone won’t be doing the same thing at the same time. That sounds like a recipe for chaos, but not necessarily! Check out these examples of how to reorganize instruction efficiently and effectively in personalizing learning, and see  four more K-12 examples here.  Technology tools and the resources that can be tapped through them can play an essential role in personalized learning. Edutopia offers ten tips for using technology in implementing it. Data Regardless of how learning takes place, it has to be assessed. The prospect of writing individual tests for every student is daunting indeed, and actually doing it is most likely impossible. However, there are more ways than testing to assess learning. Learner Centered Teaching  lists dozens of ways to do it without giving tests, and using only tests in assessment is a bad idea anyway. One-size-fits-all never works well, so it’s not surprising that personalizing learning is the ideal way to educate kids. The challenge is figuring out how to accomplish it while simultaneously meeting the demands of †¦ well, everybody. It’s easy to think, â€Å"Personalized learning- can’t be done!† It’s true that personalizing every student’s learning, all the time in every way, is probably not possible in today’s classrooms, but there’s plenty of wiggle room in the concept. Exploring how to make the most of it so that kids achieve more and learn in ways that are more natural and meaningful for them is a good use of planning time. This â€Å"next new thing† deserves attention. This is a guest post from Staff Writer, Susan Hurn. Susan is a former high school English teacher and college instructor. She loves writing for and also enjoys good books, creative writing, and all things related to history.   Let us know if you’re interested in contributing to the   blog.

The Link between Fiscal policy and Economic Growth Literature review

The Link between Fiscal policy and Economic Growth - Literature review Example This called for strategic approaches towards influencing the economy positively. As a result, many approaches have been used to influence the nations’ economy in different ways, for instance, the use monetary policy, macroeconomic policy and fiscal policy, which are applicable in many countries. In some instances, some economic goals are met through a combination of several policies, depending on the nature of the goals to be met. Generally, fiscal policy is the process of influencing macroeconomic conditions through policies of government spending. The practice involves influencing a nation’s economy through the collection of revenue, borrowing and using government’s expenditure. In this case, the government engages in adjusting the levels of its spending in a bid to track and influence the economy of the nation. The policies of government spending often affect the interest and tax rates alongside the government’s spending (Barro and Redlick, 2011, 57). Just like other policies of influencing a nation’s economy, fiscal policy is applicable directing the economic goals of the country. The main goal is always the stability of the country’s economy through the control of spending and interest rates. The Concept of Fiscal Policy John M. Keynes, a British economist, came up with theories that are currently applicable in fiscal policy. His theories state that governments and nations, through the increase or decrease of public spending and the level of taxes, can influence the levels of macroeconomic productivity (Barro and Jin, 2011, 1568). The theory suggests further that such influences can further maintain the value of the currency at levels that are healthy, increase employment and curb inflation. The point of focus in the modern economics is the growth theory. This theory addresses the implications of economic growth regarding to wealth (Brzezinski and Dzielinski, 2009, 244) besides addressing the factors triggering economic growth. The system of economics can be stimulated through learning-by-doing mechanisms, which are essential for self-sustainable economic growth. These mechanisms can be induced into the economy by the government acts. Similarly, endogenous growth theory relates to fiscal policy, give n that the outcome of the process involves the issue of losers and winners. With regard to neoclassical growth models formulated by Swan and Solow (Solow, 1956, 67), the exogenous rate of progress in technology is the backbone of growth income per capita, in its steady state. Every policy is characterised by the need of growth, even though the economy’s steady level of operation will be affected by the policy. In this case, the rate of economic growth will only be influenced by the economic policy when the economy is being transited to a steady state. Endogenous growth theory’s distinguishing characteristic that is crucial in fiscal policy is the visualisation of the nature of knowledge (Tcherneva, 2010, 27). This standard framework of making fiscal policy has been deduced from this model, with regard to taxation and government spending. Thus, this explains why many researches focus on the roles of governments in influencing the economy through dividing and stabilising the cake as opposed to enlarging the economy. Primarily, the study of the link between fiscal policy and economic growth has had the focus on the relationship between taxation and gove

Communication Problems and Recommendations Case Study - 1

Communication Problems and Recommendations - Case Study Example It is evident that the employees within the company are not pleased with the tendency of Mr. XYZ to hire family members and friends. This has persisted because the employees have not been able to communicate their displeasure to the owner of the company. It is therefore recommended that the management of XYZ to establish a two-way communication process between the management so that the employees will be allowed to talk out their concerns. This would be achieved through forums and meetings where open discussions for improvement could be encouraged (Davis 278). It is through this that Mr. XYZ would be aware of the lateness of his son and the needs of the employees for the successful and efficient attainment of business goals and objectives. The behavior of Larry, Carlos, Juan, and Manny demonstrate a case where effective communication is disregarded by these four Spanish speaking individuals. This is revealed by the fact that they share jokes amongst themselves without involving the non-Spanish speaking individuals. It is evident that these individuals shut others away from communications. Moreover, they assume that other people would not understand what they are talking about. In this regard, it is true to assert that these individuals are barriers to effective communication. It is also possible that the Spanish speakers have not been told how important communication is in any social or professional setting. In the light of this case, it is recommended for those who get in contact with the Spanish speakers demonstrate to them the importance of communication so that they would not shut others from trying to initiate a conversation. Additionally, the cultural or ethnic element within an organization or social interactio n should be prevented from being a barrier to communication (Yi-Hui 334).

What are the key causes and effects of world population growth Essay

What are the key causes and effects of world population growth - Essay Example Today World Population is equal to 7.289 billion people. This is a significant increase compared to the years 10Â  000Â  BC (when population was estimated to be in the range of 1-10 million people) and 1Â  AD (when population was estimated to be in the range of 170-400 million people). The main checkpoint years of population growth for the past 2Â  000 years are: 1804 (population reached 1 billion people), 1927 (2 billion), 1960 (3 billion), 1974 (4 billion), 1987 (5 billion), 1999 (6 billion), 2012 (7 billion) (Current World Population 2015, World Population. Historical Estimates of World Population 2013, Population growth (annual %)) n.d.). The average growing rate of population is almost 1.15% per year, the highest rate of 2-2.2% was observed in 1960s. 60% of population live in Asia, 15.5% - in Africa, 10.4% - in Europe, 8.6% - in Latin America and Caribbean islands, 5% - in Northern America, 0.5% - in Oceania (Current World Population 2015). Population growth is caused by different factors. One of the first and most significant factors is decrease of death rates, which is accompanied with increase of birth rates (Overpopulation n.d.). According to (Current World Population 2015) todays ratio of deaths and births is approximately 1:2.4. Ability of people to take care of themselves and provide themselves and their children with food and nutrients led to constant increase of population. Improved medical treatment and facilities contribute to decrease of death rates and thus to increase of the world population. Medical research and improvements made new medicine and treatment available to population, decreased the number of epidemics due to created vaccines, made some of the fatal in the past diseases easily cured today (Overpopulation n.d.). Another cause of world population growth, which is related to medical research, but should be examined separately from improved medical treatment, is advances in sterility, fertility and

The Three Main Aspects Of Globalisation Economics Essay

The Three Main Aspects Of Globalisation Economics Essay Assignment questions The current global downturn, the worst since the Great Depression 70 years ago, pounded the last nail into the coffin of globalization. à ¢Ã¢â€š ¬Ã‚ ¦ I believe à ¢Ã¢â€š ¬Ã‚ ¦ that deglobalization is an opportunity. Walden Bello, The virtues of deglobalization, 3 September 2009, at http://www.fpif.org/articles/the_virtues_of_deglobalization. In a year when the Doha round of trade negotiations is technically doable, according to World Trade Organisation Director-General Pascal Lamy, discuss the issues raised by Walden Bello. Table of Contents Introduction WTO was born in 1995, with the main objectives of establishing the rules and encouraging the trades among nations (World Trade Organisation 2010). Institutions goal could be traced back to Bretton Woods system, set up to stabilizing world monetary system. To promote cooperation, Ministerial Conference has been set up once every two years as a stage for brainstorming of the ideas and concerns. At 2001 meeting in Doha, Doha Development Agenda, known as Doha round, was initiated. Though initially focused on disassembling impediment to trade for poor countries, its emphasis has been further to include globalisation and facilitation of world trade because it is perceived as an engine of growth and sharing of prosperity; it transfers capital, expands export, introduces new technology, promotes women as labour forces, and maximises wealth to trade (Fergusson 2008). Pascal Lamy, WTO chief, stated in 2010 that Doha round would ensure greater predictability and security, the value of which has been proven in the recent crisis. Though it is difficult to overcome trade impediment and negotiation issues, in November 2011 the roadmap for globalisation cooperation is agreed to be Technically Doable (Trade law centre for southern Africa 2010). Though globalisation sounds very promising, there also have been many critiques on the idea. First, globalisation has been argued to be a greedy tool of developed nations to colonize developing countries through economic control; Globalisation drives out local competitors, increases imports, drains profits out of countries, allows developed nations to exploit natural resources of developing countries, and exhausts non-renewable resources. Moreover, with the 2008 global financial crisis, globalisation was seen as a conveyance of economic depression rather than a driver of prosperity. Every country has adopted a more protectionism attitude towards foreign investment. Bello, one of the leading critics of globalisation, suggested his idea of the deglobalisation paradigm, looking at nationalization as an opportunity and a more stabilized alternative to growth. He has, instead, asked the states to emphasise trade in national rather than global level, protect local economy, upgrade quality of life, and support regional more than global institutions (Bello 2009). Figure 1 The globalisation or deglobalisation So is globalisation really beneficial or disadvantage to the participants? Is Doha Round belief correct that globalisation is a way to increase trade cooperation? Is Walden Bello right about his deglobalisation paradigm? Attempting to scrutinize this dilemma, this report will try to examine from both aspects with arguments from those who support as well as critique of globalisation, explore the costs and benefits of globalisation and, ultimately, seek the answer to the question: how the nations could maximize the benefits and minimize and limits the costs of globalisations? Supporter of Globalisation Globalisation has three main aspects which are economic, political and socio-cultural (University of Leicester 2009). Economic aspect focuses on the integration of global economies as well as flow of trade and capital across nation borders. Socio-cultural aspect emphasises on the exchanging of social and culture. Social aspect includes lifestyle, perception, and communication. Culture includes value, belief, tradition, and norm. The political aspect targets on interchange of political contact among countries (Held & McGrew 2005). The pros of globalisation would be explored through these mentioned aspects. Figure 2 three main aspects of globalisation Economic aspect Globalisation has encouraged more trades and increased the flow of capital among nations; For instance, businesses can seek their funding from foreign banks that offer the most competitive interest rate (Bhagwati 2004). MNEs have more flexibility to operate as well as locate their operations in any countries that offer advantages (e.g. cheaper labour cost or closer proximity with the customers); For example, many US corporations moved their labour intensive productions to China because Chinese workers have lower wage than the American counterpart. As a result, the world consumers can purchase goods and services at a lower price. Moreover, economic opportunity has been expanded, from domestic to regional and global consumers, as technology such as internet or cheaper transportation make possible for people to seek out new business connections (e.g. franchise). With more players selling the same goods to target customers, competition is increased; consumers will get the benefit of chea per price. There are many institutions among countries to encourage economic collaboration such as WTO, OPEC, APEC, ASEAN, EU and UNCTAD. Socio-cultural aspect Nowadays, the communication, information exchange, and mass media have been raised. This helps reduce the communication barrier so that people from different culture, life style, and society have more understanding of each other (Tomlinson 1999); For example, internet helps people to communicate easier and to find the information (such as news, fashion trend, education). Moreover, many US and UK universities open the opportunity by offering distant learning program with granted degree for foreign students who cannot afford high cost of living in the countries. This could help those people to improve their quality of life. Some problems such as poverty, health care, gender equality, child labour, and global warming are difficult or impossible to solve by individual nation. Globalisation has made such issues global awareness and concerns. It encourages harmony and willing from every country to help combat the problems (e.g. the global warming meeting held in Denmark). There are many in ternational organizations that help promote collaborations and tackle socio-cultural issues such as UNICEF, UNEP, UNESCO, and WHO. Political aspect Political tension was no longer individual problems between conflicting nations. Poverty in the Caribbean means more drugs on the streets in Washington and London. Conflict in the Balkans causes more refugees in Germany and here in the UK (Stiastny 1999). These problems can only be addressed by international co-operation. Globalisation promotes the circumstance of state interaction. Whether nations like it or not, we are all internationalists. There are a lot of collaborate institution among countries to strengthen the political collaboration UN, EU, and G7. Many conflicts were encouraged to be solved through peaceful approach, such as negotiation. After the end of cold war, globalisation inspires nations to develop friendly relationship, to help nations work together to improve quality of life, and achieve world harmony. Anti-Globalisation Globalisation became an unending controversy (Bhagwati 2004). Many critics are against globalisation because they can notice its disadvantages. To analyse how negative of the globalisation, the cons of globalisation would be seen through the same aspects as the benefits has seen through. Economic aspect According to the labour flow has distributed from developed countries to developing countries because the corporations always focus on maximising profit and try to find the lowest labour cost. The developing countries obviously have lower labour cost than developed countries. While job is increasing in developing countries, this make developed countries people losing job as well, especially for labour level. There are also many moments of crisis occur from globalist project such as Asian financial crisis (1997), the collapse of WTO Ministerial conference in Seattle (1999), and the collapse of stock market in Clinton boom (Bello 2004). Moreover, when the depression happens to one country, it will easily spread to other countries. For example, Greece great crisis heavily impact to countries in Europe zone and other countries in the world. This is because the crisis has reduced the investors confidence. Then this made Euro currency drop sharply as well. For another example, the root cause of the hamburger crisis may not be directly from globalisation. However, the globalisation stimulates and spread its effect throughout the world. Socio-cultural aspect Globalisation made the flow of culture happened, for example, the American and Western culture spread all over the world. The more powerful countries cultures have weakened the cultures of the others. The private corporations, which have the capital to invest, will have influence over the countries, in the case of media, society, and individual. Because of wider range of transportation and communication in the world, the decease will be easily spread from one country to another country. For instance, the Swine flu, which started from Mexico, distribute to other countries all over the world. Increase of environmental concerns and sustainability in developing countries because the distribution of factory, especially the polluting making factory, from developed countries to developing countries. Moreover, the war could be happened from competing for the world resources such as oil, coal, and iron. Political aspect Cerny (1997:251) states that the transformation of the nation-state into a competition state lies at the heart of political globalization. The less developed countries maybe at disadvantage and losing of control from developed countries. The illegal trade in drugs, arms, intellectual property, people, and money is booming. Like the war on terrorism, the fight to control these illicit markets pits governments against agile, stateless, and resourceful networks empowered by globalisation. Governments will continue to lose these wars until they adopt new strategies to deal with a larger, unprecedented struggle that now shapes the world as much as confrontations between nation states once did. (Naim 2003) How to make it works? In the previous sections, the benefits and disadvantages of globalisation were discussed. Both aspects seem to have good reasons to support the arguments. To seek the ultimate answer to the question that is globalisation good or bad? we may come to the point to accept the fact that globalisation is both. It depends on many interacting and interdependent forces that are the product of the dynamics of conflict and collaboration. Therefore, it is almost impossible to define singlehandedly that whether the globalisation is always good or bad. The emerging and more practical question is that how could state maximise the benefits and minimise the impact brought about by globalisation? To answer the question, Dicken (2010) suggested that countries should balance the forces of globalisation and anti-globalisation by sticking to the facts and that they should design and enact essential policies to both exploit the positive consequence and, at the same time, limit negative effect of globalisat ion. The major policies adopted by the states could be broken down into four main categories which are trade strategies, foreign direct investment (FDI) strategies, industry strategies, and labour market strategies. Figure 3 Striking balance between benefits and costs by state policies Political Policy Globalisation leads to a creation of corporation and discussion space, with the increasing trend towards emergence of international organization such as UN. Government should recognize the benefits of participation and collaboration through such international stage. For example, the suspected development of Nuclear weapon and Submarine conflict between North Korea and South Korea heighten the political tensions and threatened both countries to engage in war which would not be beneficial to both parties and would not be appreciated by other countries. South Korea developed a strategy to pressure North Korea through international stage by bringing the topic and concern to UN. Under the spotlight of globalisation, North Korea was under pressure to alter its stance and forced to negotiate or threatened sanctioned by other countries. Such example stresses on the political policy that becomes even more important tool of government that can help achieve states interest or goal. Trade Policy Trade policy includes import and export trading. The objectives of trade policy against imports are controlling import quotas, import licenses, rule of origin, subsidies to domestic producers, and protecting domestic firms from unfair competition. Also, the objectives of this policy against exports are setting export targets, creating free trade zone, and control voluntary export restraint. The example of major trade agreement among countries government are EU, NAFTA, AFTA, EFTA, and ASEAN. For example, China and U.S. are the world second and third largest exporter of Textile products (World Trade Organization 2010). U.S. textile industry got impact from low cost textile from China which distress local U.S. producers. U.S. government granted policy to limit import cheap cloth from China and influence export in this industry to China. Moreover, U.S. tries to influence WTO committee to oppose China from WTO because China heavily subsidise its textile industry and manipulate its currenc y to gain export advantages. U.S. government also granted trade agreements with several countries, such as the U.S. Korean Free Trade Agreement (KORUS), to reduce the U.S. job losses from original text favours Korean textile exporters (National Council of Textile Organization 2011). These policies accent on the trade policy that government enforcing its current trade rules. Foreign Direct Investment Policy There are two main categories of FDI polices which are inward investment by foreign firms and outward investment by national firms. Normally, the inward investment by foreign firms has more concerns. For example, Tesco, UKs largest retailer, firstly enter to Thailand in 1998 (Tesco Plc 2011). From this coming investment, there are both advantages and disadvantages to Thailands economy which need governments hand to maximise benefits and reduce costs. On one hand, for employment aspect, this big investment helps local people, especially who lost jobs from Asian crisis in 1997, had jobs in the stores and offices. Nowadays Tesco Thailand is holding approximately thirty thousand local employees and continuously having plans to develop its human resources. On the other hand, there are many local grocery stores in Thailand which sell goods on average price. When Tesco came with bigger scale of operation, hence higher bargaining power with suppliers, Tesco could sell goods on lower price an d wider range of products. Previously, local grocery stores still had more benefit on location because Tesco did not have much stores but nowadays Tesco was distributed to most of cities in Thailand. This made local stores lost customers, lost revenues, and cannot stand. From this concern, government should have foreign direct investment policy to protect its both local stores and people by setting price limit not too high and not too low which will affect each other. This help both parties can live together with no exploit each other and maximise the benefits to country. Industrial Policy Industry policy has main objectives to support declining industries, encourages strategic industries, stimulate new industries, develop depressed areas, and encourage entrepreneurship. For example, the industrial policy helps many industries in Europe countries to seize the opportunities in global business environment. EU emphasis on technology and ICT skill to help investors and businesses in any industries engage in sustainable and profitable. EU industry would therefore benefit from the fast-growing world market provided by globalisation. In other words, Europe would see rising industrial output, employment, and incomes over the coming decade. The government should give more attention to this policy. Cultural Policy Cultural policy is the government policy which related to national culture and art. The main functions of cultural policy are to promote diversity, accessibility, and heritage of culture. For example, for as long as internet has occurred, China has controlled and monitored its citizens how they use the internet. China government regulates the internet censorship for Chinese internet users via China firewall (James 2009). Although, there are many critiques throughout the world on this censorship, China still blocks and filter some websites that may be sensitive to its society and culture such as democracy topics. China believes that this could prevent its culture to be assimilated from the culture of other countries. For another example, the government from five countries, which are Armenia, Azerbaijan, Georgia, Moldova and Ukraine, create culture exchange program, called Kyiv Initiative, which address on the cultural collaboration issues and cultural exchange among five countries. Th is strategic direction is very much in line with much contemporary thinking in European cultural policy, where there is a similar emphasis on regional and transnational co-operation, e.g. partnerships, networks, artistic mobility, collaboration between cities etc (Council of Europe 2006). Conclusion While Bello (2009) stated that deglobalisation is an opportunity, Lamy (Trade law centre for southern Africa 2010) said in completion of Doha Round session that globalisation is technically doable. To find the final answer, we should compound both perspective and let us see is it desirable? How to make it desirable? According to globalisation have benefits, risks, costs, and disadvantages. Then, to extract most advantages of out of globalisation, government should realise the major areas of potential impact from globalisation. If promises of globalisation are a dream, Bello is the wakeup calls for everyone who is enjoying that dream. From the previous sections, the suggestion is that the perspectives that government should adopt is neither globalisation nor deglobalisation but the ultimate decision of government should strike balance between globalisation and deglobalisation, not too extreme to only one side, to get the best way for its own country and the world. The nation need state intervention through state policy and also need learning process of government to maximize benefits and maintain an impact from globalisation. The corporation among the countries is also crucial. In today world, everyone is talking about gaining competitive advantages. Government is no exception. Usually, gaining competitive advantage means benefits for themselves but on others expenses. From previous sections, we can see that globalisation has both costs and benefits. Also, now we know how government could manage to extract those benefits and defence those costs. In my opinion, government should defence their benefits from other countries. In the mean time, government should implement the globalisation as win-win situation. Government should think and realize thoroughly because they can defence the other countries that tries to extract benefit on them. Draw benefit on our expense. Realise that best benefit man not come only for itself but collaboration to maxim ize well being. Growing and sustainable together. Now its the learning time how every country should behalf to get benefit from globalisation. Nowadays, the internet is one of engine to propel the globalisation. The Internet is a medium that allows people to communicate and interact with one another throughout the world.

Are video games good for kids? Essay

Are video games bad for kids? Back in time in mid 90’s the best source of entertainment for kids was the television that have a great variety of cartoons for the kids to have good entertainment and learn good things. But now they have video games that right now are the top selling industry in the world according to Barbara Ortutay of MSNBC online â€Å"the selling of video games on July of this year went to $1. 19 billion with a 17 percent more than last year. But the only concern for the society is that kids are getting to much access to violent games and that makes the video games bad for them. As said by David Walsh, Ph. D. National Institute on Media and the Family he said in this report that â€Å"Children are more likely to imitate the actions of a character with whom they identify. In violent video games the player is often required to take the point of view of the shooter or perpetrator. Video games by their very nature require active participation rather than passive observation. Repetition increases learning. Video games involve a great deal of repetition. If the games are violent, then the effect is a behavioral rehearsal for violent activity. † He also said that â€Å"Exposure to violent games increases physiological arousal, increases aggressive thoughts, increases aggressive emotions and increases aggressive actions. † Video games should not be at the reach of any kid because more all less they all involve violence like for example Mario games that all of them involve killing enemies for success, or crash bandicoot that have the same type of game experience as Mario. Naturally there are always people that do not think the same way like ABC news. com that make a report of social critic Steven Johnson, author of the controversial new book, â€Å"Everything Bad Is Good for You. â€Å"he argues that video games — violent or not — are making children smarter. â€Å"You have to manage multiple objectives at the same time,† he said. â€Å"You have to manage all these different resources, and you have to make decisions every second of the game. † Video games typically require the player to complete a number of specific tasks to win. â€Å"Well we have to get the Jeep, we have to ride up a hill, kill the snipers, drive past the mountainside, go into another giant palace and activate the remote,† said one 10-year-old interviewed by ABC News while playing the Halo 2 video game, designed for the Microsoft Xbox gaming system. But children should not be exposed to that type of learning because they are going to be more aggressive and â€Å"less positive people toward life† according to David Walsh. ABC also site from Johnson that â€Å"Children who play such video games exhibit what experts call â€Å"fluid intelligence,† or problem solving. † â€Å"They have to discover the rules of the game and how to think strategically,† said James Paul Gee, a University of Wisconsin-Madison curriculum and instruction professor. â€Å"Like any problem solving that is good for your head, it makes you smarter. † â€Å"Intelligence test scores in the United States are rising faster than ever, experts say. One possible reason: Studies show video games make people more perceptive, training their brains to analyze things faster. † But the truth based on studies is that â€Å"Studies measuring cognitive responses to playing violent video games have shown that violent games increase aggressive thoughts. These findings have been found for males and females, children and adults, and in experimental and correlational studies. † Said David Walsh on his report. In conclusion violent video games should be restricted for kids in all the way possible because they will develop more aggressive actions, less caring and aggressive emotions in comparison with regular games that also have that responses and that also should be avoided for the raising of a kid. People can say that the help to problem solving and to fast response to other thing but the truth is that the make more damage than a helping. Works Cited Walsh, David. â€Å"Video Game Violence and Public Policy† culturalpolicy. edu. 2001. September 30, 2008. http://culturalpolicy. uchicago. edu/conf2001/papers/walsh. html. Ortutay, Barbara. â€Å"July video game sales jump 28 percent† MSNBC. com. August 14, 2008. September 30, 2008. http://www. msnbc. msn. com/id/26208654/ Argumentative essay Angel Bello 802-08-0724 October 1,2008.

Difference between women now and centuries ago Essay

Women are important asset in one’s life even if you are living in the 1800’s, 1900’s or nowadays. The difference between women living years ago and now might varies, such as cultural, social, and fashionable differences. Have you ever wondered what women’s role in life was? Well this depends on the perspective of the person whether a male or a female, it also depends on the time zone. At various time throughout history, working women were viewed as cruel and not devoted to help their children and family. This is wrong; women should develop, gain rights, and become more independent because ignorance kills the identity of a person. What’s the difference between women’s life nowadays and before? Men considered women in ancient societies to be only wives who cook, and take care of their house and children; on the other hand nowadays men look at women as a respectful hard worker and an important asset to our society. Examples of change, women in ancient societies were forbidden to vote. Yet, a brave woman Lydia Taft was courageous enough to be the first women who breaks the rule and vote , after this courageous act New Zealand decided to allow women to vote , since then women made a great change and made their rights approximately equal. Women in the earlier centuries were not allowed to be sociable, they were not allowed to walk on the streets alone or even travel alone, and on the other hand women recently are free to do whatever they like. Even marriage has different aspects many years ago women didn’t have a choice who to marry or to see his face. Marriage took place through tribal processes and father’s decision, but Nowadays women might marry without even caring what her parent’ point of view. This gave the freedom of choice, and by this way less family divorces will occur. Job opportunities for women differ from back then and now. What comes in mind when someone first asks you what is the gender of an engineer instantly what comes in mind is a man. Nowadays this all changed women have many unlimited opportunities in jobs. They can get paid sometimes more than men, they can now run companies, and unlike many years ago their best job is to be teachers. Another aspect is their clothing. Women were extremely cautious when it comes to what to wear. Back then it was rude to wear like nowadays small skirts, Shorts that show thighs, and much more. Education plays an important role to portray how women nowadays differ than women lived centuries ago. Education back then was only offered to men, this lead huge inequality between sexes. This made illiteracy rate high and affect the society negatively making only one brain in the family working rather than two brains. Education is the core of life. Nowadays education is a must and societies are in a good shape due to both sexes educated. Due to the publisher Cox, Matthews & Associates, Inc., from a journal of an unknown author, his point of view stands with that education for women is a vital role that has high opportunities unlike women that didn’t get educated centuries ago. â€Å"Many of us here at Diverse have been privileged to meet dynamic women in the world of higher education and beyond. They lead some of the most demanding and consequential organizations and programs on the planet. No longer sitting on the decision-making sidelines, they have shattered the glass ceiling and, subsequently, have introduced new ways of thinking about and approaching leadership.† Women that are recognized and entered history books will always be praised and remembered as heroes; unlike women living centuries ago that are illiterate. Example from Belle S.Wheelan , president of the accrediting body since 2005, it also means â€Å"Students Are Central to Success,† a fitting description for what motivates her on the job. Wheelan is the first African American and the first woman to lead SACS.† Women struggled a lot in the earlier centuries, but as time passes everything changes. Women achieved a lot and made it into the highest rank in over society. A wise man once said â€Å"Every brave warrior was once a defenseless baby and every building was once a picture it’s not about where you are today but where you’ll reach tomorrow†. Reference: 25 WOMEN MAKING A DIFFERENCE. (2012). Diverse Issues in Higher Education, 29(2), 10-15. Retrieved from http://search.proquest.com/docview/928543490?accountid=8555

Injustices faced by black people in South America Essays

Injustices faced by black people in South America Essays Injustices faced by black people in South America Essay Injustices faced by black people in South America Essay Essay Topic: Black Boy I am going to use the film The Colour Purple to look at the way Steven Spielberg uses media techniques to look at the injustices faced by black people in South America in the 1930s. I will be using evidence from the film to help support my answers. The slave trade made the black people to come to America in the 17th and 18th century. But this was abolished in 1870 by the civil war which had broken out. However, what the white people had thought of the blacks did take a lot longer to change. The black people in South America in the 1930s were treated terribly, especially the women, and were given no rights. Black people werent allowed the same rights as whites and had no rights over them. Black women had no rights over men and could be abused, beaten, raped and forced to do anything the black men wanted. The film The Colour Purple is about two black sisters named Nettie and Celie. Celie was raped twice in her youth and had two babies taken away from her dad and think her dad has killed them. Then Celie to a new home with Mr. (whos name we do not know). But Mr. Prefers Nettie. Nettie then later moves in with Celie and Mr. Who then tries to rape Nettie on her way to school, but she fights back and stops him from doing so. When Nettie returns Mr. Kicks her out. She then promises to write to Celie but none of her letters reach her. Later on Celie meets Shug Avery who Mr falls in love with. When Celie grows up, Shug Avery helps Celie to find the letters when Mr went away. She then finds the letters hidden under the floor boards under a chest; she then becomes mad with Mr for hiding the letters. Celie reads all the letters, which leads up to Mr asking for a shave. This is when Celie gets the idea to slit Mrs throat, but fails when Shug stops her just in time. A few years later Celie gets t he house due to Mr dieing of old age. Celie then receives a letter from Nettie saying she is returning from Africa with Celies son and daughter. They soon return to America and end up living together. The film starts with credits written in purple on a black background with only the sound of birds fading into the background. This shows it is a serious film because there is no happy music or any sounds that relate to anything happy. The film starts and the first thing you see is a field of purple flowers on a sunny day with some happy music. The two girls are running around happy as Larry, singing and laughing and dancing through the field of tall purple flowers. Spielberg uses a crab shot to make us feel part of the film. As they come out of the field and you can see their whole body you immediately notice that something is wrong as one girl, Celie, seems to be pregnant. The dad then arrives and insults the pregnant girl by saying: Celie you have the ugliest smile this side of the equator. This shows that Celie is being treated badly and unfairly and also gives a bad impression of the dad. Suddenly the scene goes into a dramatic form from a peaceful yet powerful form. You can now see Celie on a bed screaming and crying in pain on a bed in what seems to be a barn of some sort. The background outside is a windy and all together bad weather view, which really gives the emphasis of a dramatic scene. Her sister, Nettie, is there trying to calm Celie down as she soaks a blood covered cloth in a bowl of blood red water. Then we immediately realise Celie is giving birth. The shots of the camera are a lot of close up shots to show the feeling and emotion on the characters faces. The dad then comes in and shouts: Aint you done yet? which shows he is bored of waiting. When Celie is done giving birth her dad comes in and takes the baby way gives us an even worse impression of their dad. It also makes us feel sorry for Celie going through all that pain for nothing. In the second key scene shows Celie and Nettie running around in the garden of Mr, who is reading his paper. He then looks up and blanks out Celie with his paper and watches Nettie. The scene then changes to follow Nettie down a country road with books in her hand. The audience picks up the impression that Nettie is on the way to school. Then we see Mr riding up beside her on his horse. The road then splits into two and goes around a group of trees. Nettie goes around one side and Mr going the other side. They can just see each other through the trees. The shots used by Spielberg are more crab shots so we can see the view points of each of the characters eyes. Nettie can see Mr smiling through the trees and becomes scared so walks faster, almost to a jog. She looks over again and just sees the horse with no Mr as the rider. The paths then meet up again and Mr is not on the horse or visible to Nettie. He pops out behind Nettie out of the trees laughing. He removes his hat and flower petals fall out. All these visual clues give us the impression that Nettie is going to be raped by Mr. The scene is made tenser by the silence of no music and only Mr singing to Nettie and the sound of the horse foot steps. He then grabs her, as she keeps repeating the line: I gotta go to school! Nettie is then dragged out of view into the bushes by Mr. You then her screams making the scene very dramatic. Suddenly Mr is heard shouting and it is obvious he is hurt and is in pain. The next visual of Nettie and Mr we see is Nettie running and Mr falling to the ground holding his groin. He then says: Im gonna get you. This shows a big injustice to black women and their rights in that Mr tries to rape Nettie in broad daylight. This shows us that Mr has a poor view towards women and doesnt care if he is caught. The third key scene is about whites having control over the blacks. Spielberg has started the scene with a cheery fashion with a guitarist playing in a happy town centre environment. It starts with Ms. Millie looking and complimenting Ms. Sofias children, as she kisses and hugs them. Ms. Millie cannot leave the children and starts the trouble by asking Ms. Sofia if shell be her maid as which she replies: Hell no. This builds up the tension as the people turn and look. The mayor goes up to Ms. Sofia and slaps her. Ms. Sofia becomes angry and slowly clenches her fists. As she hits him a van drives past and blocks the view of the audience building up more tension. When the van has drove past you see the mayor floored. You can tell she has obviously hit him. All the town people crowd round and start shouting abuse at Ms. Sofia. This, again, builds up tension as you want to know how she will escape the situation. The camera scans round showing the emotion on the town folks faces and finally Ms. Sofias. She then spots the sheriff and shouts for help but instead he hits her with the handle of the gun and she lies on the floor. The wind then blows her skirt up showing her underwear. This has been done as it creates humiliation and lose of dignity. The camera shot here is a birds-eye view of things making Ms. Sofia look small and helpless. The forth and final key scene is the scene in which Celie is reading the letters from Nettie she and Shug have found. This has been done to show the readings of the letters in corresponding lives. The scene is bright and sunny in different scenarios. The scene tells the story of the excitement of Netties new life in Africa. In Africa the white men are building a new road straight through the village of the black people in which Nettie is staying. The blacks dont have a say in the matter. In Netties story there has also been a tribal ritual in which children are given the scars of the tribe on their faces. The scene ends up being built into a very tense scene. Celie is being forced to give Mr a shave and is sharpening the blade on the razor. Whilst this is happening Shug is applying red nail varnish. She is also wearing red. Red has been chosen to symbolise danger. Then Mrs children run past and tell Shug, Celie is giving Mr a shave. She immediately realises the danger and runs back to the house in time to stop Celie from killing Mr. Spielberg uses the techniques well by switching between the two countries; zooming in on both the tribes childs face and Mrs neck, and also Shug sprinting to the house in time. This technique is a excellent way to build the tension, and is doubled by the help of the music becoming quicker and quicker, until contact is made on the boys face. The camera is then flicked to Mrs still face, as if he has been killed. Then the camera is pulled out in order to see Shug holding Celies arm back with the razor in her hand. In conclusion, I think Spielberg has created the drama and excitement needed to portray the injustices of black people in South America in the 1930s, by using the camera angles and music to his advantage. The injustices portrayed successfully are that of: * Women not allowed to keep their children * Women getting raped and beaten And * African countries having to suffer to the expense to white European nations. Overall Spielberg has created a very successful film by using many different camera angles and the use of music to produce the film.

Free Essays on Higher ED

The Role of Higher Education People view higher education from many different perspectives. For some, it is a pathway to a career. For others, it is an opportunity to learn more about oneself. I believe that the purpose of higher education is to facilitate intellectual growth that will enable the individual to become an active citizen of the world and to prepare the learner for success in a chosen profession.. Therefore, I think teachers are here to teach, but also to dedicate themselves and their resources to assisting students in achieving the ultimate success as inquisitive learners, engaged and thoughtful citizens, and caring and competent professionals. The first step in the journey toward intellectual wisdom through higher education requires the critical examination of oneself. No one perspective offers the answers to questions that face us in the twenty-first century. Broad cultural and intellectual perspectives presented through the arts, humanities, and social and natural sciences are the pathways to understanding the complexities of our world, our professions, and our communities. Developing a broad perspective of the world relies on an exchange of ideas from a variety of sources that are not strictly related to one's profession. I believe most university campuses strive to unite the wisdom of general education and the knowledge of professional preparation into an integrated process of true learning through higher education.... Free Essays on Higher ED Free Essays on Higher ED The Role of Higher Education People view higher education from many different perspectives. For some, it is a pathway to a career. For others, it is an opportunity to learn more about oneself. I believe that the purpose of higher education is to facilitate intellectual growth that will enable the individual to become an active citizen of the world and to prepare the learner for success in a chosen profession.. Therefore, I think teachers are here to teach, but also to dedicate themselves and their resources to assisting students in achieving the ultimate success as inquisitive learners, engaged and thoughtful citizens, and caring and competent professionals. The first step in the journey toward intellectual wisdom through higher education requires the critical examination of oneself. No one perspective offers the answers to questions that face us in the twenty-first century. Broad cultural and intellectual perspectives presented through the arts, humanities, and social and natural sciences are the pathways to understanding the complexities of our world, our professions, and our communities. Developing a broad perspective of the world relies on an exchange of ideas from a variety of sources that are not strictly related to one's profession. I believe most university campuses strive to unite the wisdom of general education and the knowledge of professional preparation into an integrated process of true learning through higher education....

There is a real danger of a house price bubble in London. Discuss Essay - 5

There is a real danger of a house price bubble in London. Discuss - Essay Example This gives possibility to assume that the house price bubble already exists in London and threatens the local real estate market. To understand how dangerous a house price bubble is it is necessary to clarify its definition. A house price bubble is a type of economic bubble – â€Å"trading in high volumes at prices that are considerably at variance with intrinsic values† – on the real estate market. (King R. et al, 1993). Housing market bubbles are more critical than stock market bubbles. While equity price busts occur on average every 13 years, last for about 2,5 years, and result in nearly 4 percent GDP loss, the housing price busts are less frequent, however they last almost twice longer and lead to twice larger output losses (IMF World Economic Outlook, 2003). Real estate markets involve longer boom and bust periods, according to the recent research (Ikhomov N., Yavas A., 2012, 508-535). It is reported that â€Å"house prices in London have fallen for the first time in nearly four years, and will continue to do so, according to a leading property market barometer.† (White A., 2014). The longest period of positive sentiment was recorded yet in January 2011 by the Royal Institution of Chartered Surveyors, and since then a drop in values in the capital was finally reported. In October 2014, the 12 month report predicted house price rise: 2,1 pc for the UK regions and 1pc for the capital. (White A., 2014). â€Å"A chorus built for rate rises and special intervention in the mortgage market. Now the alarm calls are fading. A foreign capital flood has receded in London, home-loan approvals are down and house price inflation is easing. Bubble fears were premature. The talk of danger was spurred by fast annual house price rises – especially in London, where the annual increase in prices was 20.7 percent in the third quarter, based on data from mortgage lender Halifax. The national picture was less frothy, with an annual gain of 9.6 percent.†