Saturday, September 7, 2019
Geological Influence on the Battle of Gettysburg Essay Example for Free
Geological Influence on the Battle of Gettysburg Essay Battles fought on land have always been influenced by topography as well as geology. Soil conditions, and types and strengths of bedrock are important considerations for building fortifications. Availability of water may determine where military is installed. Mountainous areas may provide cover for guerilla troops. All such topographical and geological considerations combined are studied by military geologists (Haneberg). The information thus gathered is called ââ¬Å"terrain intelligence (Haneberg). â⬠Geology had a major influence on ââ¬Å"[t]he greatest battle of the Civil War,â⬠that is, the Battle of Gettysburg (Copley). Brown describes the area where the battle was fought thus: Each year thousands of sightseers clamber over Little Round Top and Devils Den on the Gettysburg battlefield, and gaze with awe over the mile of treeless plain across which Pickettââ¬â¢s men charged toward ââ¬Å"the little clump of treesâ⬠on July 3, 1863. All are impressed by the rocky heightsââ¬âthe Round Tops, Cemetery Ridge, Cemetery Hill, and Culps Hillââ¬âagainst which Leeââ¬â¢s men hurled themselves in vain throughout three days of bitter fighting. Few, however, know that these heights are the outcrop of a diabase sill, appropriately enough called the Gettysburg sill, that about 200 million years ago intruded the Triassic sandstones and shales that floor the broad Gettysburg plain. Even fewer have any concept of the extent to which the movements of the two armies toward Gettysburg, and the battle itself, were influenced by the geology of the region in which the campaign was conducted. The Gettysburg battlefield covers an area of about 15 square miles. The battle, however, was but the climax of a campaign that covered an area of about 11,000 square miles (Brown). The area of the campaign was 140 miles in length, from Fredericksburg on the Virginian river called Rappahannock to Harrisburg on the Pennsylvanian river called Susquehanna; and 80 miles in width, ââ¬Å"from a line drawn on the southeast through Fredericksburg, Washington, and Baltimore, to the northwestern edge of the Great Valley of Virginia, Maryland, and Pennsylvania (Brown). â⬠The Battle of Gettysburg was fought on lowlands of the Triassic Age and ââ¬Å"rocky ridgesâ⬠that are believed to have been developed on diabase of the early Jurassic Age (Cuffey et al. ). Militarily, the most important hills of diabase were said to have been ââ¬Å"formed on a York Haven Diabase sill running from Culpââ¬â¢s Hillâ⬠¦ in the north through Cemetery Hill, Cemetery Ridge, and Little Round Top to Big Round Topâ⬠¦ in the south ââ¬â the Union ââ¬Ëfishhookââ¬â¢ (Cuffey et al. ). â⬠The Battle of Gettysburg began when Confederate General Lee commanded his troops on to Gettysburg, Pennsylvania, referred to as ââ¬Å"the hub for ten roads (Cuffey et al. ). â⬠This was done in order to drive out the army of the Union from an outcrop of Gettysburg sill (Brown). G. G. Meade responded by marching north and ordering the Federal armies to reach the battlefield (Cuffey et al. ). On the first day of the battle, July 1, 1863, deep cuts on a railroad that was unfinished played an essential role in the action (Copley; Cuffey et al. ). During late afternoon, the Union had to start using the diabase-sill strategically for its defense (Cuffey et al. ). The area where the Union army defended itself was shaped like the hook of a fish (Copley). It extended to the north approximately three miles from the Round Top through the Little Round Top and the Cemetery Ridge to the Cemetery Hill; it also extended south and east to the barb of the area shaped as a fish hook, that is, Culps Hill. The Round Top is known to stand at approximately 785 feet, while the Little Round Top stands at 650 feet above sea level. Between the Cemetery Hill and the Little Round Top, the ridge is said to drop to approximately 570 feet above sea level. The town of Gettysburg itself has an elevation of around 500 feet above sea level (Brown). The fish hook was strategically important on the second day of the battle as well. The Seminary Ridge is ââ¬Å"the trace of a diabase dike,â⬠an offshoot of the Gettysburg sill; it rises approximately 560 feet; but where it rises to the north, it is around 650 feet at the Oak Ridge (Brown). Confederates were positioned on Seminary Ridge before they tried to move across the lowland in order to displace the Union army. The latter moved away from the fish hook before returning to it again as the Confederates had started to gain some ground. In the evening, the Confederates tried to displace ââ¬Å"the Federal right (Cuffey et al. ). â⬠However, ââ¬Å"breastworks of timberâ⬠in addition to boulders of diabase on the Culpââ¬â¢s Hill proved themselves almost invincible (Cuffey et al. ). On the third day of the battle, the ââ¬Å"Union centerâ⬠was heavily bombarded (Cuffey et al. ). The Confederates had launched the attack from their previous position against the Cemetery Ridge. A downpour accompanied this day of the battle. According to Cuffey et al. , ââ¬Å"[d]espite the difficulty of entrenching, crude fences of diabase boulders had provided the Federals with adequate cover in many sectors. â⬠The importance of the diabase sill to the Battle of Gettysburg must be reconsidered in order to understand the outcome of the battle. The diabase sill is resistant; it is closely attached to the surface. As a matter of fact, the bedrock of diabase is so closely attached to the surface that it is virtually impossible for army men to dig in. Stone walls are the only form of protection, for example, rock outcrops and boulders that are isolated. Because the Union army was unable to find a place to thoroughly entrench itself, it suffered a great number of casualties. This was the defending side throughout the Battle of Gettysburg. The Confederates, on the other hand, suffered a greater number of casualties while trying to attack the Union army on the flanks and in the center. Because the Confederates were well-entrenched, they did not lose as many men as the Union army when the latter attacked them (Brown). On July 4, the two armies were burying the men they had lost and succoring those that were suffering from wounds. A day before they had faced each other across the Rapidan River. The bridges across the river had to be rebuilt within ten days before the Confederates could try to cross it. But, as soon as it was made possible to cross the Rapidan River, the armies found themselves facing each other across the river, once again, in the position they had occupied on July 3 (Brown). Geology as well as topography came into focus for a victory another time. The most terrain-intelligent army was, of course, expected to win the ultimate war. Works Cited Brown, Andrew. ââ¬Å"Geology and the Gettysburg Campaign. â⬠Commonwealth of Pennsylvania. Jun 2006. 23 Oct 2008. http://www. dcnr. state. pa. us/topogeo/education/es5/es5. pdf. Copley, Judi. ââ¬Å"The Battle of Gettysberg. â⬠23 Oct 2008. http://www. scsc. k12. ar. us/2000backeast/trip/members/CopleyJ/Default. htm. Haneberg, William C. ââ¬Å"Geologic and Topographical Influences on Military and Intelligence Operations. â⬠2008. 23 Oct 2008. http://www. espionageinfo. com/Fo-Gs/Geologic-and-Topographical-Influences-on-Military-and-Intelligence-Operations. html. Cuffey, Roger J. , Robert C. Smith, John C. Neubaum, Richard C. Keen, Jon D. Inners, and Victor A. Neubaum. ââ¬Å"Lee vs. Meade at Gettysburg (July 1-3,1863): The influence of topography and geology on command decisions and battlefield tactics. â⬠Pennsylvania Department of Conservation and Natural Resources and State Tree. 23 Oct 2008. http://www. dcnr. state. pa. us/topogeo/gsaabstr/gettysburg. aspx.
Friday, September 6, 2019
Food Addictives Essay Example for Free
Food Addictives Essay This food additives essay is basically an advantages and disadvantages essay. You need to be careful with the word ââ¬Ëoutweighââ¬â¢ as this often confuses students. The word ââ¬Ëoutweighââ¬â¢ can be placed in different ways in the sentence so rather than work it out, it is better to think of it simply as ââ¬Ëare there more advantages or disadvantages Decide what you think there are more of and then state this in the thesis statement without mentioning the word ââ¬Ëoutweighââ¬â¢. For example, look at the thesis statement from the food additives essay model answer: In my opinion, the potential dangers from this are greater than the benefits we receive. ââ¬ËOutweighââ¬â¢ questions do suggest, though, that there are definitely both advantages AND disadvantages, so you should discuss both. However, make sure your essay supports your opinion. For example, if you have said there are more disadvantages, it would not make sense to then write mostly about advantages. As you can see from the model answer, advantages are discussed, but the focus is on the disadvantages as this is what it is stated are greater in the thesis statement. Model Essay 15 Food Additives Essay You should spend about 40 minutes on this task. Present a written argument to an educated reader with no specialist knowledge of the following topic. Do the dangers derived from the use of chemicals in food production and preservation outweigh the advantages? Give reasons for your answer and include any relevant examples from your own experience or knowledge. You should write at least 250 words. www.ieltsbuddy.com Free online IELTS Advice www.ieltsbuddy.com Free online IELTS Advice Food Additives Essay Model Answer Most foods that are purchased these days in small stores and supermarkets have chemicals in them as these are used to improve production and ensure the food lasts for longer. However, there are concerns that these have harmful effects. In my opinion, the potential dangers from this are greater than the benefits we receive. There are several reasons why chemicals are placed in food. Firstly, it is to improve the product to the eye, and this is achieved via the use of colourings which encourage people to purchase food that may otherwise not look tempting to eat. Another reason is to preserve the food. Much of the food we eat would not actually last that long if it were not for chemicals they contain, so again this is an advantage to the companies that sell food as their products have a longer shelf life. From this evidence, it is clear to me that the main benefits are, therefore, to the companies and not to the customer. Although companies claim these food additives are safe and they have research to support this, the research is quite possibly biased as it comes from their own companies or people with connections to these companies. It is common to read reports these days in the press about possible links to various health issues such as cancer. Food additives have also been linked to problems such as hyperactivity in children. To conclude, despite the fact that there are benefits to placing chemicals in food, I believe that these principally help the companies but could be a danger to the public. It is unlikely that this practice can be stopped, so food must be clearly labeled a nd it is my hope that organic products will become more readily available at reasonable prices to all.
Thursday, September 5, 2019
Inflation and economic growth
Inflation and economic growth This section of the paper provides literary evidence on the relationship of inflation in the economic growth and helps in the understanding of any causal relation between them, if there exists any. We start with the conclusive evidence provided by Min Li (of the University of Alberta). We extract this support from the research conducted by Li on the Inflation Threshold Effects in the Finance-Growth Nexus and Transmission Mechanism Analysis. During the course of this research, the author examined the relationship between the inflation and the finance and economic growth, utilizing data collected from 90 countries. The authors research finds evidence of the existence of a nonlinear effect of the inflation the relation between finance and growth. The research also finds that though finance may stimulate growth at low inflation, however, the relationship does not hold beyond the threshold of 15% for inflation. The main features of this research includes the implication that the adverse e ffect inflation has on economic growth during a period of high inflation can only be controlled by improving the course of actions of all financial intermediaries (Li M. , 2007) The findings of the research show a strong positive and a significant relationship between finance and growth. However, as far as the effect of inflation on this relationship is concerned, there is little accord, and a threshold is agreed to be an existing component in the theory. This implies that as the inflation rises above a certain threshold level, which is estimated to lie between 14-16 %, the positive finance-growth relation weakens. The research also implies that the cost of inflation can be be said to have been derive by the management capabilities of financial intermediaries with regard to accumulated capital. The paper examines the productivity of capital in a high-inflation environment, concluding with the findings, which provide evidence on the existence of a robust non-linear relationship between inflation and the productivity of capital, and also identifying it as a causal relationship in a way that inflation has adverse effects on the productivity of capital. (Li M. , 2007) In another research, in which Li talks about a general agreement among economists upon the problems caused by inflation, an examination of relationship between inflation and economic performance has been brought into play. in contrast to the other research that, examines the adverse effects of inflation on the capital productivity, the author attempted to shift the focus to economic performance and its relationship with inflation. This research, Inflation and Economic Growth is collected from a data of 90 countries that are developing and 28 developed countries besides them, over the period of 1961-2004 in order to extract relevant evidence on the target relationship analysis. According to Li, in this research, the evidence provided buy the research findings supports the concept of the existence of a non-linear relationship between inflation and economic growth, not unlike capital productivity. (Li M. , 2006) However, a detailed study revealed that this result varies between developed and developing countries in terms of nonlinearity in the proposed variable relationship. The findings of the research lead to shaping of important phenomena pertaining to relationship between inflation and performance. Li claims that at lower than first threshold, of the two identified, level of inflation, the effects of inflation on growth are not significant and are positive. at moderate rate, between the two levels the effect is significant and negative and above the second threshold the marginal impact of additional inflation vanished from the growth but the relationship is still found to be negative. This can only be said for the developed countries, where only one threshold is to be found which has proven to have any significance. Thus according to the non-linear mechanism that follows , the magnitude of the negative impact that inflation has on the growth falls with an increase in inflation while at l ower than moderate level of inflation, the effect is even positive on the level of investment (Li M. , 2006). Li concludes her research with the findings that consistently support the nonlinearity of relationship between inflation an economic growth or performance. Li, also finds that the policy makers should not keep inflation rate at zero as single digit inflation does not hinder rather even stirs up economic growth. Furthermore, a hyperinflation, the one that surpasses beyond the second threshold level, does not have a an even worse negative impact on growth, rather the marginal impact actually falls with increase in inflation level. Thus controlling a moderate level of inflation should be a countrys primary goal pertaining to inflation (Li M. , 2006). The discussed literary findings proceed with the impact of inflation on the capital accumulation and the economic growth. Winding its path along other literature contents, the study of inflation effects on the economic growth finds its way into a research conducted by M. Ali Kemal in Is inflation in Pakistan a Monetary Phenomenon? during the course of conducting research, Kemal attempted to analyze and identify the impact that other factors, specifically change in money supply, would have on the rate of inflation. Kemal found that an increase in money supply over a long period leads to high inflation. The concluded research of Kemal, besides having relevance to our research, provided a decent level of support to the quantity theory of money as well. Thus empirically coming to a conclusion, Kemal claimed that inflation is indeed a monetary phenomenon. In order to study the impact of inflation on economic growth, it is pertinent that we examine the effect of other factors on inflation as well and employ it in enhancing our understanding of the important of inflation in the growth process. According to Kemal, a change in money supply effects the rate of inflation in the long run. Since the Quantity Theory of Money also holds in the long run, this led him to believe and later on evidently prove that inflation is a monetary phenomenon (Kemal, 2006).Kemal argues that money supply does not have an immediate impact on the price levels. on the contrary, a change in money supply would start indicating any affected changes in the price levels with a lag of about 9 months time. The study conducted by Kemal, emphasize the efficiency of the system that the money supply works through, showing that it takes less than a year to convey an induction. However, it also points out that once a stir up takes place, the system takes it time to achieve equilibrium state again under the circumstances that the induced change works it way from a change in one the three variables which include GDP, money supply and prices. In the short run, the impact of a change in money supply on inflation in not instant. the effect seeps through the system to actually induce any change with a lag of at least a period of 3 quarters (Kemal, 2006). Having had proven that inflation is a monetary phenomenon through evidence provided by Kemal, we move on towards the research conducted by Abdul Qayyum who, in his study Does Monetary Policy Play Effective Role in controlling Inflation in Pakistan, has conducted a research in the light of the data available for Pakistan in order to get a clearer understanding of monetary Policy framework and the extent to which and how it controls inflation specifically in Pakistans economy. this includes a number of factors that are a source of rise in price level like wages, exchange rate, external shocks, depletion of natural resources, taxes etc. wheat prices have specifically been allegedly been known as the cause of the increasing inflation in Pakistan (Government of Pakistan, Various Issues). Following what Abdul Qayyums research study , we found through the inflation control in not a recent phenomenon, but a topic of interest and of utmost importance since 1970s. there have been many debates regarding the causes of inflation however, controlling it is an collectively agreed topic of prioritized importance among economists and policymakers. which makes it central banks responsibility to control inflation, since central controls monetary policy and inflation is deductively a monetary phenomenon. The thing that most intrigued in Abdul Qayyum in this regard was the effectiveness of monetary policy in controlling inflation. we observe from the data provided for Pakistan that whenever the money supply target was controlled the inflation was controlled successfully (Qayyum, 2008). However, not too many rare occasions like this have occurred and due to the absence of coordination between the government and the central bank, the implementation of monetary policy has lost its effectiveness. Other problems have risen as well and the monetary policy has been experiencing inconsistency in reaction time along with ineffectiveness, nevertheless, we have evidence enough from the recent years of the effectiveness of monetary policy in controlling inflation by observing that when SBP failed to control the money supply , it consequently failed to control the rate of inflation within the target levels. If worked out efficiently it produces outcome effectively (Qayyum, 2008). Another study Does Volatility in Government Borrowing Leads to Higer iInflation? conducted by Adnan Haider and Safdar Ullah Khan analyzes the impact of volatility in the borrowing of the government from the central bank on the rate of inflation that persists domestically in Pakistan. The findings of the research study that was conducted for the sake of examining the sensitivity of inflation rate to volatility in government borrowing, indicate that there exists a relationship between the two especially in the long run. The research was conducted in the light of supporting fiscal dominance hypothesis in the determination of in inflation in Pakistans economy (Haider Khan, 2007). The result enlightens us with very important piece of information pertaining to the relationship, in connection with the fiscal dominance hypothesis, between the two variables; volatility in governments borrowing and the inflation rate. Its indicates that a significantly strong relationship exists between the two. even in the long run this relationship holds significantly. According to Haider and Khan, the estimated coefficient implies that one standard deviation change in volatility in borrowing from the central bank leads to a change of 8.5% in domestic inflation. specifically it indicates a relationship but not the direction or the causal dynamis of the relationship. these findings lead us to posession of evidence relationg to the importance of monetary policy in affecting inflation which in turn effects the economic growth (Haider Khan, 2007). Pertaining to the factors that affect the inflation, political stability goes hand in hand in holding equal importance with regards to being a factor determinant of the inflation in an economy. Safdar Ullah Khan, together with Omar Farooq saqib conducted a study Political Instability and Inflation in Pakistan, to investigate the impact of the instability in government and political situation in the country on inflation rate in Pakistan. The results are implies in terms of monetary model and in terms of non monetary model. In term of monetary model, results conclude that the monetary determinants effect inflation marginally and they are dependent upon the political situation of the country. (Khan Saqib, 2008) In non monetary terms, Adnan and his associate found a positive relationship between the variables; political instability and inflation. The analysis was done on interactive dummies that represent political instability and induce high inflation. The research may, however, also lead us into believing that inflation is a non monetary phenomenon due to its strong affiliation with changes in government infrastructure and political crisis. It may also lead to an implication that government crisis rather than oil prices are responsible for the high inflationary pressure. Nevertheless, we observe a lack of significant research studies relating these two variables and given the high volume of political unrest in our country in the recent years (Haider Khan, 2007). In his other paper, Qayyum attempted to examine the link between the excess growth in money supply and inflation in Pakistans economy, investigated the soundness of the theroy that inflation is a monetary phenomenon. Qayyum conducted this research to come with an outcome that indicated that there is a positive alliance between inflation and money supply growth. The way the implication of the research went about is that the growth in money supply at first affects the GDP which in turn affects inflation. This further indicates and hence, implies that money supply growth is a factor contributor in rise of price level. Thus money supply affects inflation and we can deduce from this implication that inflation is after all a monetary phenomenon , which is controlled by monetary policy and can be controlled by tight monetary regulations (Qayyum, 2006). The validity of the theory has been confirmed by the study conducted consisting of tests and analysis by Qayyum and therefore its stands safe to assume that money supply is one of the key determining factors of inflation in Pakistan. To find the relationship between money growth and inflation, Qayyum estimated the relationship between the rate of inflation, money growth, growth in real income, and growth in velocity in Pakistan for the data provided covering the 1960-2005 period. An important conclusion that surfaced from this research was that there exists a significant relationship between the variable; inflation and money growth proving that the growth in money supply is a vital contributor to the rise in inflation. Furthermore, even the recent act by the State Bank of Pakistan to tighten the monetary policy, supports the theory that inflation in Pakistan is a monetary phenomenon. (Qayyum, 2006). The same argument was made by Wasim Malik in his study Money, Output and Inflation that the effect of changes in money supply seeps into output through inflation, however, with some lags. And through a series of tests Malik found that above hypothesis cannot be rejects owing to its strong and valid stance. Malik claims that the three possible argument can explain the high inflation in history including monetary policy, supply side factors and foreign inflation. tests however show that effect monetary policy transfers into inflation with a lag of half a year and then takes another year to reach the peak. The reason why this happens can be explained by two possible situations, according to Malik; First, central bank focuses on future targets more than on the previous trends while deciding on the money growth and second, th central bank does that out of fear of losing higher growth (Malik, 2006). Having analyzed the research studies, that examine variables affecting inflation and rendering it a monetary phenomenon and we come back to our literature review in examining the literature contents that would help us find material evidence on the importance of inflation and its relationship to growth. So far conclusive researches conducted by Min Li have been very helpful and have been supporting our expected findings smoothly. This brings us to reviewing a research by Vikesh Gokal and Subrina Hanif on Relationship Between Inflation and Economic growth. These authors work their way through research with the initial observation that show the many developed countries have a predetermined goal of achieving high growth and maintaining it side by side with a low inflation rate. This inspired them to carry on with their research given o much importance that it holds in the economy. The nature of relationship that exists between inflation and growth has been a debatable topic for quite some time. The authors have reviewed different theories on the inflation-growth relationship including those that are Classical; emphasizes on the need to save and invest for growth purposes, Keynesian; emphasizes on the critical role of monetary growth in changing inflation rates and Neoclassical; emphasizes on the impact the inflation has on capital accumulation and investment. The paper also reveals the findings of other research studies conducted n this filed and incorporating their results to conclude their own research, testing whether a momentous relationship exist between the two mentioned variables (Gokal Hanif, 2004). Contrary to what Li found later on, Hanif and Vikesh found there, to be a weak correlation between inflation and growth. Also the causality was found to be running from GDP to inflation. These results were in accordance and derived from the review of other research studies conducted by authors before their own time. According to Michael Sarels inflation impacted a negative growth after 8% (Michael Sarel, 1996). In another research authors found the threshold of inflation in industrial countries to be around 1-3% and in developing countries o be 11-12 % (Khan; Senhadji, 2001). These findings led the authors of this paper to conclusions that the two variable; inflation and growth has weak negative correlation and the causality ran from growth to inflation rather than what was proposed and found by Li later in time (Gokal Hanif, 2004). Following the course the was led by Gokal and Hanif, Chimobi conducted a study in Nigeria to follow a similar suit of finding any existing relationship between inflation and economic growth, but his study was specific to Nigeria. Chimobi found, as a result of the study he conducted based on the data for Nigeria inflation and growth over the period 1970-2005, that there was no co-integrating relationship between inflation and economic growth for Nigeria. The second attempt the author made in his research as to determine the causality of the relationship between inflation and economic growth. Conclusively a unidirectional causality was found between the variable running from inflation to economic growth that were in orderly support of what Min Li found, however quite the contrary to what Gokal and Hanif proposed (Gokal Hanif, 2004). This was an indication implied by the empirical evidence that a relationship does exist between inflation and economic growth and inflation indeed does ha ve an impact on economic growth (Chimobi, 2010). However it was not concluded whether the relationship that existed between inflation and economic growth was positive or negative for Nigeria. We can only deduce from other studies that have been reviewed in literature that inflation has never had a favourable impact on the economic growth outcome (Chimobi, 2010). This shall be covered in the discussion to come. A study estimate of the threshold level of inflation in Pakistan was covered by Yasir Ali Mubarik in his research on Inflation and Growth. According to the research conducted by Yasir, a finding surfaced that showed that threshold level of 9% exists in Pakistan beyond which inflation will be rendered harmful for economic growth (Mubarik, 2005). Having put the home dataset through causality test and then analyzing it for sensitivity for inflation and economic growth the research concluded the some findings that include the existence of a relationship between inflation and economic growth. Since a threshold level was determined , any impact of inflation on economic growth, whether negative or positive, is still considered as a relationship between the two variables. Another finding that was deduced was that there existed a unidirectional relationship between the variables running from inflation to economic growth. Since inflation was found to have a negative impact beyond a threshold level on the economic growth, therefore, the relationship was taken to be causal running from inflation to economic growth and not vice versa. the research conducted however did not specify a lower level of threshold below which economic growth would not occur. Regardless the research poses as an important conclusion for the policymakers (Mubarik , 2005). A study analysis of Relationship between inflation and growth is performed by Erbaykal Okuyan in their study Inflation in Pakistan in which the relationship between the inflation and the economic growth in Turkey has been examined for the data covering the period of 1987-2006. Through their research they discovered the existence of a long term relationship between the two variables; Inflation and economic growth in turkey. Using the causality test used by Toda Yamamoto, Erbaykal Okuyan examined the causality relationship between the two (Yamamoto, 1995). However, they found no causal relationship between the two variable from economic growth to inflation but they did found a causal relationship from inflation to economic growth. implying the inflation has an impact on the economic growth (Erbaykal Okuyan, 2008). Khan Schimmelpfennig, in this paper observe the factors that help forecast inflation in Pakistan and explain it. The research conducted by Khan Schimmelpfennig emplys a simple inflation model, which includes standard monetary variables (money supply, credit to the private sector), an activity variable, the interest and the exchange rates, as well as the wheat support price as a supply-side factor to estimate the forecast while indicators like private sector credit growth and broad money growth are considered effective for inflation forecast which can be used for future developments pertaining to inflation. The results found empirically during the course of the research conducted by Khan Schimmelpfennig show that monetary factors are good indicators of inflation, since inflation is a monetary phenomenon (Khan Schimmelpfennig, 2006). Thus, according to Khan Schimmelpfennig, the two key variables that explain inflation developments are Broad money growth and private sector credit growth. In order to control Inflation in Pakistan and thus spur growth ,price stability should be the prime objective of the SBP. With monetary policy in action, the exchange rate shall no longer be able to offset the effect external shocks on the economy which leaves the SBP with nothing but to maintain price stability, which will ultimately prove to be the best policy contribution for sustained growth. The course of the research provided us with results that show that in the short run, there may not be a trade-off between inflation and growth, however, in the medium- and long-run, it blissfully exists. Moreover the authors argue that monetary policy should be more concerned with core inflation because given the volatility in some part of CPI, food prices and energy prices, core inflation is a better measure of underlying trends of infl ation than headline inflation. Furthermore, the authors conclude that even though core inflation is the right tool for monetary policy, nevertheless, the SBP must keep a watch over headline inflation. (Khan Schimmelpfennig, 2006).
Wednesday, September 4, 2019
Huckleberry Finn, a Book of Controversy :: essays papers
Huckleberry Finn, a Book of Controversy Since its publication over one hundred years ago, Mark Twain?s Huckleberry Finn has caused many disagreements and much controversy. The style and language used by Mark Twain is found as offensive to some, uplifting to others and yet bittersweet to me. All sides have strong arguments, ones that are educated and heartfelt. That is what makes it so difficult to decide whether to teach or read aloud Huckleberry Finn in the classroom. Opponents of the teaching, or usage, of Huckleberry Finn in the classroom say that they find the book despicable, ?trash? and other harsh adjectives. One of the main reasons they criticize the book is for the usage of racial slurs towards the African-American people, such as ?nigger.? They also claim that the author, Mark Twain, stereotypes Jim, an escaped African-American slave, as to be a fool with less intelligence than a fourteen-year-old Caucasian boy does. As John H. Wallace puts it, ?It [Huckleberry Finn] contributes to their [the African-American students] feelings of low self-esteem and to the white student?s disrespect for black people As you can see feelings of some are bitter towards the usage of Huckleberry Finn in the classroom. Proponents of the book claim that the book should be taught for several reasons, including the anti-slavery message of the book. In contrast to the opponents, David L. Smith writes, he [Mark Twain] portrays Jim [the escaping slave] as a compassionate, shrewd, thoughtful, self-sacrificing, and even a wise man.? Supporters also point out that Twain actually condemns white society of the day for their barbaric practice of slavery. Supporter, Kenny G. Williams, feels that the novel should be read, for it uncovers a basic historical reality, which is important for the advancement of equality. Now you can see how people?s positions on the usage of Huckleberry Finn vary greatly from on another. I have not yet read the book, yet through some research I have found that I more support the book than denounce it. I interviewed a dark skinned friend of mine, Sanjay Nakka, and he had a positive message. He said, ?The usage of this book [Huckleberry Finn] is quintessential to the acceptance of racial equality. Sometimes we need some controversy to bring a problem to light, where you can work on it, you know I also tend to lean towards his opinion, for I have heard strong arguments against the book, yet I have heard stronger, more heartfelt and educated arguments for the use of Huckleberry Finn in the classroom.
Tuesday, September 3, 2019
Macbeth and the Witches Essay example -- essays research papers
Macbeth: The Witchesââ¬â¢ Responsibility for Macbethââ¬â¢s Actions The three witches that are introduced at the beginning of the play are responsible for the introduction of the ideas that caused Duncanââ¬â¢s death and Macbethââ¬â¢s destruction but not for Macbethââ¬â¢s actions themselves. They recount to Macbeth three prophecies; that Macbeth will be: 1) Thane of Cawdor, 2) Thane of Glamis, and 3) King. Macbeth welcomes the ideas spawned from the witchesââ¬â¢ prophecies, which is what triggered the spiral of events in this story. Macbeth eventually followed through with killing King Duncan. It was sometimes thought that the witches had the ability to reverse the natural order of things. This brings to the play the idea of fate and the role it has in the play. One can wonder if Macbeth ever had a chance of doing what was right after he heard the witchesââ¬â¢ prophecies. However, it is more realistic to believe that Macbeth was responsible for his own actions throughout the play and in the end it was he that made the final decisions. T he witches could predict the future, they can add temptation, and influence Macbeth, but they cannot control his destiny. Macbeth creates his own misery when he is driven by the guilt of his actions. This causes him to become insecure about his actions, which causes him to commit more murders. The witches offer great enticement, but in the end, it is each individualââ¬â¢s decision to fall for the temptation, or to be strong enough to resist their appeal. The three witches are...
Monday, September 2, 2019
Political Parties Essay -- essays research papers
The Labor Party The labor Party is made up of men and women who do and do not have jobs. They believe themselves to be the keepers of the American dream, providing opportunity and justice. They believe that every American has the right to a decent paying job and a good place to live, that by joining the union there should be no fear of getting fired, to free, quality public education for themselves and their children, to universal access to publicly fund, comprehensive, quality health care for all residents. 5 issues that the Labor Party supports: 1.Ã Ã Ã Ã Ã Guarantee Everyone a Job at a Living Wage- They believe that Corporate America and the rich and powerful and taking millions of jobs for other people. At this point the labor party believes that there are no longer enough jobs to go around. They feel that there needs to be a right to a lining wage job that pays above poverty level wages and is able to go up. They believe that this should be written into the Constitution. 2.Ã Ã Ã Ã Ã Pay laid-off workers- when a large corporation lays off a worker, the value of their stocks goes up. It is also proven that in family with a laid off worker, they experience increases in illness and social problems. On this issue they feel that if a worker is laid off, the company or corporation that they had worked for should pay the salary for every year that they had worked for them. 3.Ã Ã Ã Ã Ã An injury to one is a injury to all- states that the labor party enforces full rights to all, they are fighting to make sure that women are paid the same that men are. They believe that it does not always only hurt the women being paid less, but the nation as a whole. At the moment this party is starting anti-discrimination programs to stop all unfairness, whether it be race, sex, or heritage. 4.Ã Ã Ã Ã Ã Universal access to health care- Because health care is one of the most important things in the United States today, the Labor Party is annotating that it too does not treat people fairly. Health care is a very large issue because without it people are more prone to becoming ill or sick. Eighteen percent of Americans who are working full time do not have health insurance. The labor Party is strongly pushing for all American to have health insurance. They believe that whether or not a family is makin... ... force fighting against rip off schemes by big business. Food co ops, free health clinics, and community newspapers have had long lives after being established by the PFP. 4.Ã Ã Ã Ã Ã Socialist Economy- industries, financial institutions, and natural resources are owned by the people as a whole and democratically managed by the people who work in them and use them. This would be a big change from the present corporate capitalist economy. The richest 1% of the population has half of all privately owned stock in U.S. corporations and controls most of theinstitutional stock. They control the policies of business, government, and the media. The capitalist economy starts out with competition for personal profit and ends up with huge monopolies which waste resources. 5.Ã Ã Ã Ã Ã Capitalist Economy- They don't care if they endanger the planet by making useless or even harmful products, so long as they make money. Under capitalism, millions of people are jobless, homeless, often hungry, and without proper medical care. Even those with decent jobs live with the fear of war, nuclear destruction, and environmental pollution of our food, air and water. Political Parties Essay -- essays research papers The Labor Party The labor Party is made up of men and women who do and do not have jobs. They believe themselves to be the keepers of the American dream, providing opportunity and justice. They believe that every American has the right to a decent paying job and a good place to live, that by joining the union there should be no fear of getting fired, to free, quality public education for themselves and their children, to universal access to publicly fund, comprehensive, quality health care for all residents. 5 issues that the Labor Party supports: 1.Ã Ã Ã Ã Ã Guarantee Everyone a Job at a Living Wage- They believe that Corporate America and the rich and powerful and taking millions of jobs for other people. At this point the labor party believes that there are no longer enough jobs to go around. They feel that there needs to be a right to a lining wage job that pays above poverty level wages and is able to go up. They believe that this should be written into the Constitution. 2.Ã Ã Ã Ã Ã Pay laid-off workers- when a large corporation lays off a worker, the value of their stocks goes up. It is also proven that in family with a laid off worker, they experience increases in illness and social problems. On this issue they feel that if a worker is laid off, the company or corporation that they had worked for should pay the salary for every year that they had worked for them. 3.Ã Ã Ã Ã Ã An injury to one is a injury to all- states that the labor party enforces full rights to all, they are fighting to make sure that women are paid the same that men are. They believe that it does not always only hurt the women being paid less, but the nation as a whole. At the moment this party is starting anti-discrimination programs to stop all unfairness, whether it be race, sex, or heritage. 4.Ã Ã Ã Ã Ã Universal access to health care- Because health care is one of the most important things in the United States today, the Labor Party is annotating that it too does not treat people fairly. Health care is a very large issue because without it people are more prone to becoming ill or sick. Eighteen percent of Americans who are working full time do not have health insurance. The labor Party is strongly pushing for all American to have health insurance. They believe that whether or not a family is makin... ... force fighting against rip off schemes by big business. Food co ops, free health clinics, and community newspapers have had long lives after being established by the PFP. 4.Ã Ã Ã Ã Ã Socialist Economy- industries, financial institutions, and natural resources are owned by the people as a whole and democratically managed by the people who work in them and use them. This would be a big change from the present corporate capitalist economy. The richest 1% of the population has half of all privately owned stock in U.S. corporations and controls most of theinstitutional stock. They control the policies of business, government, and the media. The capitalist economy starts out with competition for personal profit and ends up with huge monopolies which waste resources. 5.Ã Ã Ã Ã Ã Capitalist Economy- They don't care if they endanger the planet by making useless or even harmful products, so long as they make money. Under capitalism, millions of people are jobless, homeless, often hungry, and without proper medical care. Even those with decent jobs live with the fear of war, nuclear destruction, and environmental pollution of our food, air and water.
Sunday, September 1, 2019
Teens Pressure On Body Images
In order to solve this mess et en's have to step up to the plate and be comfortable in their own skin. Girls are one of the main targets when it comes to media. Each time a girl lo KS at a magazine its like the magazine is telling her, ââ¬Å"Are you considering the way you u look yet? â⬠Thus, these are everyday problems that young girls have to face. Girls feel that tin order to be accepted by others they have to go the extra mile to look their best.As a kid it always bothered me seeing these celebrities halfway naked with their ââ¬Å"perfectâ⬠bodied ; furthermore, as I started to reach my adolescence began to marvel at how models had the IR stomachs so perfectly flat. Sooner or later I gained knowledge that in order for models to g et so skinny they either turn anorexic or turn bulimic. After that wondered why models made such dire sacrifices, and then it hit me it's all because of the pressure that the media PU TTS on body images. ââ¬Å"Recent studies show that adole scent girls are more fearful of gaining weight than getting cancer, nuclear war, or losing their parent. ( HTTPS://www. Essayists. Rug/topics/selfimagemediainfluences/ ) Another study indicates, ââ¬Å"40%of all 9 and 1 Earldom girls have already been on a diet. â⬠( ) Most girls that diet are either underweight or their weight is just normal. â⬠Provided that 70% of arrear old girls want to be thinner. â⬠( ) As you can see the media puts pressure on many age groups, and this is why girls need to re Alice that sometimes it doesn't matter what's on the outside, but what's on the inside. Not only are girls affected by the media, but now boys are being affected by it too.A ewe study of a national sample of adolescent boys published in the January is sue of ââ¬Å"JAM Pediatricsâ⬠, reveals that, ââ¬Å"Nearly 18% of boys are highly concerned about their weight and physique. â⬠http://www. Atlantic. Com/health/archive/2014/03/ bodyimagepressureincreasinglyaffect s boys/283897/ ) Most boys are focused on having a bigger and muscular appearance, rather than, focusing on being thin. One way that boys attain muscle is by using steer odds and protein powders just to look like Johnny Bravo; subsequently, ââ¬Å"The long term effects o f steroids is associated with depression, rage attacks, suicidal tendencies, and cardiogram atheist. ( bodyimagepressureincreasinglyaffects boys/283897/ )
Subscribe to:
Posts (Atom)