Review of John Hicks Article a Suggested Interpretation...

A Review of Mr. Keynes and the â€Å"Classics†; A Suggested Interpretation By J. R. Hicks Word count: 2,932, (excluding mathematical equations) We aim to examine the British economist Sir John Hick’s article ‘Mr Keynes and the â€Å"classics†; A suggested interpretation (April 1937)’ in which Hicks seeks to devise a simpler more cruder ‘classical’ model of the imperial, however complicated work of Professor Pigou’s ‘The theory of unemployment’ that will rightfully disagree with Mr Keynes’s mystifying but accepted proposal in his ‘General theory of unemployment.’ We seek to explore the proposed model by Hicks with the support of mathematics, economic behaviour and theory from his own independent views as well established economists. I†¦show more content†¦The assumption to neglect depreciation is ‘dangerous’ as described by Sir Hicks himself. The danger occurs as most investment goods may experience depreciation of assets and capital, which will in turn affect the cost of production resulting in firms having less profit. This could be a big factor in the number of people a firm can employ, consequently affecting the unemployment rate. This shows the danger can be off vast effect. However, the assumption of such danger is of necessity to devise a simple model. Taking into account appreciation of assets and goods is of too much complication and will be almost impossible to calculate and formulate with consistency and reliability. A model characteristic Hicks seeks to avoid. The rational and fair views of Hicks’ new approach can be further fortified where he refers to â€Å"Classical economics† and â€Å"Keynesian† in the same sentence, ‘thus I assume that I am dealing with a short period in which the quantity of physical equipment of all kinds available can be taken as fixed. Hicks generates ‘three fundamental equations’ denoting: w = Rate of money wages/person There are only 2 industries; Investment goods and consumption goods x = Output of investment goods (PQx) y = Output of consumption goods (PQy) There are 2 Factors of production in short run (Labour and Capital) as Land and Enterprise are fixed, so our output function including labour and capital is shown by: x=fx(Nx,C) y=fy(Ny,C)Show MoreRelatedGame Theory and Economic Analyst83847 Words   |  336 Pagesrole† was sketched out by Borel (1924), who was himself co-author of a treatise on bridge. Nothing about this singular and rather marginal branch of mathematics would at this time have suggested its later encounter with economics.1 The analogy between economic activity and what goes on in casinos was only suggested much later, in a far diï ¬â‚¬erent economic environment than that which these two mathematicians would have been able to observe. One could say that J. Von Neumann was the person who bothRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages1 1 Introduction What Is Organizational Behavior? 3 The Importance of Interpersonal Skills 4 What Managers Do 5 Management Functions 6 †¢ Management Roles 6 †¢ Management Skills 8 †¢ Effective versus Successful Managerial Activities 8 †¢ A Review of the Manager’s Job 9 Enter Organizational Behavior 10 Complementing Intuition with Systematic Study 11 Disciplines That Contribute to the OB Field 13 Psychology 14 †¢ Social Psychology 14 †¢ Sociology 14 †¢ Anthropology 14 There Are Few Absolutes inRead MoreMarketing Management130471 Words   |  522 PagesTo satisfy those needs, the marketing team makes decisions about the controllable parameters of the marketing mix. 3.4 THE MARKETING MIX (THE 4 P S OF MARKETING) The term marketing mix became popularized after Neil H. Borden published his 1964 article, The Concept of the Marketing Mix. Borden began using the term in his teaching in the late 1940 s after James Culliton had described the marketing manager as a mixer of ingredients. The ingredients in Borden s marketing mix included product planningRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 Pagesinvestments, though to varying degrees. When analysts change their valuations, they will undoubtedly be asked to justify them. In some cases, the fact that valuations change over time is viewed as a problem. The best response may be the one that Lord Keynes gave when he was criticized for changing his position on a major economic issue: â€Å"When the facts change, I change my mind. And what do you do, sir?† Myth 3.: A good valuation provides a precise estimate of value Even at the end of the most careful

The Importance of Interpersonal Communication - 1186 Words

------------------------------------------------- The Impact of Interpersonal Communication for Startup Business in TANRI ABENG UNIVERSITY ------------------------------------------------- English for Academic Purpose Naimy Zam Zam / Corporate Communication / 13.013 Abstract This research proposal contains the analysis about interpersonal communication in startup business The Impact of Interpersonal Communication in Startup Businesses Introduction These days, there are so many startup businesses in the world. But only few of them can survive for long time. What makes them survive? In business, the factors that make the businesses survive are not only the capital, the organizational structure or else. Good interpersonal†¦show more content†¦If you do not have the ability to have interpersonal skills then you will struggle to express any feelings or emotions with people as well as empathize with various situations. If you are working in an environment where you are required to interact with colleagues and customers on a daily basis, then you need to have good interpersonal skills. This is especially important with customers because you have to show them that you have a friendly nature and can understand their frustrations if theyre experiencing a problem or making a request. It is also a good skill to have when you are speaking with your colleagues because if you come across as cold and uninterested then you may receive negative feedback. Research’s Contribution Communication skill is required in order to make the communication runs smoothly. Unfortunately, not everyone has communication skills. Many people who communicate only rely on their daily communication style. They consider ways of communication that they use is correct. Sadly, if we observe the process of the communication, there are still a lot of mistakes in communicating. This research is expected to be useful to students of TANRI ABENG UNIVERSITY that own startup business as a guidance to: build harmony relationship with customers, investors or venture capitalists, and among partners. Research Methodology A. Type of Study In order to prove this research, researcher will use exploratory method accompaniedShow MoreRelatedImportance Of Interpersonal Communication996 Words   |  4 PagesTaking this Interpersonal Communication course has opened my eyes to the importance of effective communication as it relates to relationships. The information that I’ve learned has inspired me to take a deeper look into how I communicate with my husband. It has also provided an understanding regarding the differences in how he and I communicate. The communication style that I use is expressive, the style he uses is instrumental. He also interprets communication different than myself. I ve also noticedRead MoreThe Importance Of Interpersonal Communication1480 Words   |  6 PagesSince this process is ongoing and always changing, when we enter an interpersonal communication exchange, we are entering an event with no definable beginning or ending, and one that is irreversible. An important piece of interpersonal co mmunication to consider is that the words said to one another are final and cannot be simply â€Å"taken back†. This is known as the principle of irreversibility which means that what we say to others cannot be reversed. Unfortunately, life does not come with a remoteRead MoreThe Importance Of Interpersonal Communication1741 Words   |  7 Pages(2013) defines interpersonal communication as â€Å"person-to-person conversation; it’s an exchange that occurs through dialogue between two people or through discussion among several, with participation by everyone involved.† (p. 134). Because interpersonal communication involves two or more individuals, it stands vital for manager to hold the skill of listening. It is this authors supposition that if a manager is willing to make a conscious effort to improve this major communication skill, then theirRead MoreThe Importance Of Interpersonal Communication1316 Words   |  6 PagesCommunication is vital to the survival of humanity. Without communication, people tend towards insanity, desperately craving human interaction. Yet many, including myself, are uninterested in learning the ways of communication: how it works, how to communicate well, and how to listen well. Interpersonal communication is â€Å"†¦a transactional process involving participants who occupy different environments and create meaning and relationships through the exchange of messages,† (Adler 12). CommunicationRead MoreImportance Of Interpersonal Communication1539 Words   |  7 Pages Interpersonal communication is a face-to-face interaction, something we all do in our daily lives. Even though everyone communicates, we all do it differently and at different degrees of experiences. Not everyone will be perfectionists at communicating and socializing, but there is always room for improvement to slowly build your way up and become more efficient and competent. If you are anything like me, I consider myself an advanced communicator under certain circumstances. I tend to communicateRead MoreThe Importance Of Interpersonal Communication1038 Words   |  5 PagesInterpersonal communication can be seen everywhere is vas locations, and is needed for relationships and the idea of yourself. In life, communication becomes very vital in continuing and maintaining these relationships, and having the ability at a competent level is a necessity.   When it comes to communication you’re either good at it or not as good, but there is always room for improvement. Interpersonal communication skills are learned behaviors that can be improved through knowledge, practiceRead MoreThe Importance Of Interpersonal Communication1091 Words   |  5 PagesHave you ever taken into consideration how your intrapersonal communication has an impact on your interpersonal communication? Our interpersonal communication is communication that strives us to create and maintain relationships with others in our life. My inte rpersonal communication is solely based on my self-concept, self-image, how I perceive myself, my bad and good qualities, and my non-verbal communication. My expectations about myself or my self-concept influences how I communicate with othersRead MoreThe Importance Of Interpersonal Communication1032 Words   |  5 PagesCommunication is the behaviours, whether they be verbal or non-verbal, that one individual perceives from another (Judith Dwyer, 2016). The efficient communication between a sender and receiver plays a crucial role between organisations and personal use as it allows us as communicators, to comprehend the fundamentals and processes which flow from the sender, to the receiver to ensure a dynamic and clear communication is achieved. Effective communication plays a crucial role in the delivering of messagesRead MoreThe Importance of Studying Interpersonal Communication913 Words   |  4 PagesInterpersonal communication is an important day-to-day life skill that many people may go their entire life without formally learning about. Interpersonal communication is the communication between two or more people who are sendin g and receiving verbal or nonverbal language back and forth. The opportunity to study it at a college level is very important in that it can give you a more refined insight into how it works without needing to breeze over or amend certain segments for the audience. WithoutRead MoreThe Art Of Communication : The Importance Of Interpersonal Communication1933 Words   |  8 Pagesaudiences. Thru these spectators, we become reliant on each other, to unfold the world around us. We all learn the art of communication through an overlapping set of conceptual elements. It’s a story as old as time; as our existence evolves, so does the way we communicate. Hence the ever-growing grey area of rhetoric and its tendency of it turning 50 shades darker. Since, communication is a multifaceted process, there are bound to be breakdowns along the way. Specifically, how an individual chooses

Fate in Beowulf - 1506 Words

Period 1 A.P. English The Concept of Faith in Beowulf A Twist of Fate for the Great Hero Beowulf Fate seems to be an ongoing theme in the works of Boethius and Beowulf. Whether it is a belief of Christian providence or pagan fatalism, the writers of these works are strongly moved by the concept of fate and how it affects the twists and turns of a persons life. Fate is most often seen as the course of events in a persons life that leads them to inevitable death at some time or another. Throughout the poem Beowulf, the characters are haunted by fate and acknowledge its strong presence in everything that they do. Fate seems to lurk in the shadows of these characters very being and it is this force in which they acknowledge their†¦show more content†¦The fact is that whether or not Beowulf saw a connection to the concept of fate and a divine power is something that we may never know. The theme of fatalism in the poem is so strong that it is evident that fate was a strong force in the lives of the people of this time. Whether or not they had Christian or pagan beliefs that may have been related to their individual views on fate doesnt really seem to have any bearing on their beliefs in fate. Throughout the poem, Beowulf fights evil demons to protect his people and creates a sense of safety that would surely not exist if it werent for his great strength and courage. Fate has something else in store for Beowulf as the poem leads on to the infamous dragon fight. All along in the poem, Beowulf identifies the fact that he believes in fate and many of his actions are ruled by his strong belief in the fact that whatever will happen is meant to be. In the beginning of the poem, he is an invincible leader but now when it comes down to the fight with the dragon, he is old and not so sure of himself. It is at this point in the poem that the reader is clued in to the future events, which dont look very bright for this hero. All along, the narrator and the characters in the poem have hinted at events to come in the future and the idea of fate has remained in the background of Beowulfs conquests and victories, controlling his every move. Beowulf knows that his time isShow MoreRelatedTheme Of Fate In Beowulf791 Words   |  4 PagesBeowulf Theme The epic poem Beowulf written by a scop and a Christian monk, this poem includes a theme that one’s fate will occur no matter what it’s inevitable, and it has already been planned out. The Anglo-Saxon culture has a set of beliefs which includes the idea that fate, one’s death, has been predetermined. The idea of fate means the events that occur in ones life are beyond their control and have been planned and are unchangeable. The idea of fate is a part of the Anglo-Saxon cultureRead MoreThe Inevitable Fate In Beowulf711 Words   |  3 Pagesreceive it† (Robert Collier). Beowulf perfectly demonstrates this quote because throughout the story he has to push through the bad luck and be there ready for the good. Beowulf is a classic work of literature from Anglo-Saxon times. The book is filled with a sense of impending death and sudden change which leads to a very unique mood for the book.The sense of impending death and sudden change is shown by the sense of inevitable doom and the role fate plays. Beowulf is full of a strong sense of theRead MoreEssay about Fate in Beowulf1489 Words   |  6 PagesFate in Beowulf A Twist of Fate for the Great Hero Beowulf Fate seems to be an ongoing theme in the works of Boethius and Beowulf. Whether it is a belief of Christian providence or pagan fatalism, the writers of these works are strongly moved by the concept of fate and how it affects the twists and turns of a person’s life. Fate is most often seen as the course of events in a person’s life that leads them to inevitable death at some time or another. Throughout the poem Beowulf, the charactersRead More Essay on Fate in Beowulf, Grendel, and Macbeth2188 Words   |  9 PagesFate in Beowulf, Grendel, and Macbeth      Ã‚  Ã‚  Ã‚  Ã‚   Fate plays a significant role in the Old English epic poem Beowulf and William Shakespeares play Macbeth.. The major events of the poem, such as the three killings by Beowulf and his own death, are said to have been predestined. In Macbeth, fate is so significant that it is personified by the Weird Sisters, who drive the action of the play. But if predestination exists, then there must be an agent that determines destiny. In Beowulf, God playsRead More Fate, Destiny, and Predestination in Beowulf Essays2122 Words   |  9 PagesFate, Destiny, and Predestination in Beowulf An epic story is one that combines elements of supernatural powers and heroic deeds with plebeian troubles. In Beowulf , the unknown author paints a typical yet magnificent tale that is one of the great epic chronicles of the Middle Ages. Like the poems of Homer, Beowulf possesses terrible monsters, men with supernatural powers, the search for glory, and deadly defeats. However, this medieval account brings a new element into the folds: the associationRead MoreBeowulf : Christian Or Pagan Epic?865 Words   |  4 PagesMichael Smith Waterman English 12 24 September 2015 Beowulf: Christian or Pagan Epic? Believe it or not, Thor was not just a fictional superhero that appeared in comics created by Marvel. Ultimately stemming from Proto-Indo-European religion, Thor is a prominently mentioned god throughout the recorded history of Germanic mythology and paganism. Pagans, a member of a community observing a polytheistic religion, dominated Southern Europe society and literature until Christianity slowly drove out paganismRead MorePaganism In Beowulf953 Words   |  4 PagesChristianity and Paganism in Beowulf Beowulf was composed when England was transitioning from a pagan to a Christian culture. In chapter 3 of A Little History of Literature, it is said that Beowulf was likely written by a Christian monk who inserted Christian themes into the story. This is why Beowulf reflects both Christian and pagan views. These two religions and their elements affect the story in different ways. There are pagan views of fate and fame in Beowulf, but there are also ChristianRead MorePaganism and Christianity in Beowulf Essay examples1414 Words   |  6 PagesBeowulf is an epic poem that centers around the hero Beowulf, a Geat from Sweden who crosses the sea to Denmark in a heroic quest to save King Hrothgar, king of the Danes and the builder of Herot, and his men from the demonic monster Grendel who kills and feasts on Hrothgar’s warriors. Beowulf’s adventure does not end when he defeats Grendel though, he must also kill Grendel’s mother because she seeks revenge for her s on’s death. Once Beowulf kills Grendel’s mother, he goes home and soon becomesRead MoreEssay on Christian and Pagan Ideals in Beowulf1343 Words   |  6 Pages Written down in approximately 1,000 A.D. by an unknown author, Beowulf, originally a pagan fable, became a Christian allegory upon its transcription by Christian monks. However, as scholars have debated over the religious context in Beowulf, the attempts by the monks to turn the epic poem into a Christian parable ended merged, including both original and Christian aspects. Throughout Beowulf, the epic combines pagan ideals of fate or wyrd and the will of God, the similar concepts of the afterlifeRead MoreEssay about Christian And Pagan Ideals In Beowulf1335 Words   |  6 Pages Written down in approximately 1,000 A.D. by an unknown author, Beowulf, originally a pagan fable, became a Christian allegory upon its transcription by Christian monks. However, as scholars have debated over the religious context in Be owulf, the attempts by the monks to turn the epic poem into a Christian parable ended merged, including both original and Christian aspects. Throughout Beowulf, the epic combines pagan ideals of fate or wyrd and the will of God, the similar concepts of the afterlife

A First Confession free essay sample

Learning plays an essential role in life. We learn something new everyday. In Frank O’Connor’s short story, â€Å"The First Confession†, Jackie, the main character, learns a lesson he won’t ever forget. After Jackie’s first confession, he was confident that he was not a sinner, and Nora, his sister, was wrong. While others focused on Jackie’s wrong doings; they weren’t focusing on their own wrong actions. Lack of knowledge can bring people into a whole different reality; ignorance can blind them from their own sins. Nora, and Jackie’s grandmother alike, are hypocrites. Jackie is trying to conquer the fear of telling his first confession. Jackie’s problems began when his grandmother comes to live at his family’s house. He detested her for being an alcoholic, untidy ill-mannered woman. Most of all, he was upset that he was excluded from the penny allowance that Nora gets. We will write a custom essay sample on A First Confession or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Jackie’s grandma favors Nora in all that the children do. Jackie is constantly embarrassed of her because she always has alcohol in a mug in her hand. Because his sister and grandmother always sided against him, Jackie’s life became intolerable. He was forced to face his fear of confessing sins for the first time. Nora takes Jackie to church to make his confession. Jackie had many thoughts in his mind, such as what to confess and what prayers to say, not to mention how to get into the confessional in the first place. Jackie nervously waited as people filed in and out of the confessional. He watched Nora walk out reverently after she has confessed her sins. Sturm 2 Nora was very dishonest and cruel but managed to appear guiltless by hiding behind an innocent smile. Nora was rude to Jackie but insisted that she was very religious and had no sin. She made Jack nervous to confess and made him feel bad and question all that he had done in his life. Through all the trouble she put her brother through, Nora claimed to be holy. Jackie’s turn to confess came and after confessing his plot to kill his grandmother, the priest was light hearted and joked with Jackie. Towards the end, the priest offers to take a walk with Jackie. Nora becomes extremely jealous that Jackie gets this privilege and questions why he was given such a short penance. Throughout the story, the priest is humorous and full of life. He makes jokes while in the confessional, comforts Jackie, and even gives him candy! O’Connor portrayed him this way to show that confession is not always the dictionary definition that many make it out to be. It is truly about eeling relieved and renewed, not about being scared and given a large penance. Jackie learned that he could confess his sins and that there was room for goodness in his heart, despite his plan to kill his grandmother and his high annoyance level with Nora. Nora and the grandmother were blinded by their ignorance, they could not see that although they appeared to be reverent and have a full understanding of the sacrament. Both are hypocritical characters, they did not live out the attitudes they were trying to portra y.