Financial Crisis And Its Effects On Public Debt - 2487 Words

Blyth defines austerity as â€Å"the ‘common sense’ on how to pay for the massive increase in public debt caused by the financial crisis†, which comes primarily through the elimination of government services. People knowingly take on debt with the intention to then pay it off-- before the financial crisis of 2008 people took on debt to pay bills and banks took on debt to make money by leveraging. When the crisis hit, the government felt the banks were â€Å"too big to fail† (because a crucial part of economic activity in the US is tied up in liquidity of the largest banks) and bailed them out. When a person’s debt becomes too high they pay it down with income rather than continuing to spend and pump money into the economy, or â€Å"deleveraging†. In†¦show more content†¦When entities (households, firms, governments, banks, etc.) believe it is positive all pay off their debt at once. However, many countries’ governments are deci ding to encourage this because no one wants to pay off the huge amount of debt they owe, and rather than increasing taxes they are cutting government services through consolidation under the excuse of not raising taxes. The result, however, is that those at the bottom of the income hierarchy are affected and continue paying their usual taxes anyway which ceasing to receive the benefits they rely on. Professor Mariana Mazzucato describes Europe’s desire to foster places like the US’s Silicon Valley and create empires similar to Amazon and Google. She explains their belief that withdrawing from the state and encouraging things like venture capital will promote growth- but she challenges that assumption. For her, a myth exists that there are two parts to innovation: on the one hand there exists a dynamic, innovative, creative, fast and interesting private sector, and on the other a slow, inertial, bureaucratic, state sector which is believed to at best contain the busines s cycle and create infrastructure for projects. She names three characteristics of innovation: it is collective, uncertain, and cumulative, and believes that the â€Å"entrepreneurial state† has a greater capacity than the private sector to foster innovation not because the it provides fiscal stimulus, builds important infrastructure, or

Death of a Salesman by Arthur Miller - 811 Words

Family will always be there in every decision one makes, they will help through hard times, and they will always be a part of someone. If a relationship between family members isnt strong there becomes a feeling of loneliness and lack of support. One of the most important relationships in family is between a father and his son. How a father treats their son can affect them for the rest of their lives with relationships, careers, and many other aspects in life. In the plays Fences by August Wilson and Death of a Salesman by Arthur Miller, two types of father-son relationships are shown. The difference in the relationship causes each son from the play to result in a different way of life. Troy Maxson, from Fences, has an unfulfilled dream which causes a jealousy of his son, and a dominant relationship. This causes tension and bitterness between them and continues to affect his son Cory is more ways than one. Willy, from Death of a Salesman, is always expecting too much out of his son B iff and wants him to fulfill the dream that he never could. Biff is overwhelmed with the pressure his father puts on him and results in an outburst with his father. Both fathers have similarities and differences in their parenting styles which affect their sons in different ways. When a person has a deferred dream it can often have an effect on them for the rest of their lives. Troy Maxson had the dream of becoming a professional baseball player but because of his race his dream was unable toShow MoreRelatedDeath Of A Salesman By Arthur Miller1387 Words   |  6 PagesAmerican play-write Arthur Miller, is undoubtedly Death of a Salesman. Arthur Miller wrote Death of a Salesman in 1949 at the time when America was evolving into an economic powerhouse. Arthur Miller critiques the system of capitalism and he also tells of the reality of the American Dream. Not only does he do these things, but he brings to light the idea of the dysfunctional family. Death of a Salesman is one of America’s saddest tragedies. In Arthur Miller’s, Death of a Salesman, three major eventsRead MoreDeath Of A Salesman By Arthur Miller888 Words   |  4 PagesDeath of a Salesman† is a play written by Arthur Miller in the year 1949. The play revolves around a despera te salesman, Willy Loman. Loman is delusioned and most of the things he does make him to appear as a man who is living in his own world away from other people. He is disturbed by the fact that he cannot let go his former self. His wife Linda is sad and lonely; his youngest son Biff is presented as a swinger/player while his eldest son Happy appears anti-business and confused by the behaviorRead MoreDeath of Salesman by Arthur Miller972 Words   |  4 PagesIn the play Death of a Salesman by the playwright Arthur Miller, the use of names is significant to the characters themselves. Many playwrights and authors use names in their works to make a connection between the reader and the main idea of their work. Arthur Miller uses names in this play extraordinarily. Not only does Miller use the names to get readers to correlate them with the main idea of the play, but he also uses names to provide some irony to the play. Miller uses the meanings of someRead MoreDeath Of A Salesman By Art hur Miller1573 Words   |  7 Pagesrepresents a character with a tragic flaw leading to his downfall. In addition, in traditional tragedy, the main character falls from high authority and often it is predetermined by fate, while the audience experiences catharsis (Bloom 2). Arthur Miller’s play Death of a Salesman is considered to be a tragedy because this literary work has some of the main characteristics of the tragedy genre. In this play, the main character Willy Loman possesses such traits and behaviors that lead to his downfall, and theRead MoreDeath Of A Salesman By Arthur Miller949 Words   |  4 PagesDeath of a Salesman can be described as modern tragedy portraying the remaining days in the life of Willy Loman. This story is very complex, not only because of it’s use of past and present, but because of Willy’s lies that have continued to spiral out of control throughout his life. Arthur Miller puts a modern twist on Aristotle’s definition of a ncient Greek tragedy when Willy Loman’s life story directly identifies the fatal flaw of the â€Å"American Dream†. Willy Loman’s tragic flaw can be recappedRead MoreThe Death Of A Salesman By Arthur Miller846 Words   |  4 PagesA Dime a Dozen The Death of a Salesman is a tragedy written by playwright Arthur Miller and told in the third person limited view. The play involves four main characters, Biff, Happy, Linda, and Willy Loman, an ordinary family trying to live the American Dream. Throughout the play however, the family begins to show that through their endeavors to live the American Dream, they are only hurting their selves. The play begins by hinting at Willy’s suicidal attempts as the play begins with Linda askingRead MoreDeath Of A Salesman By Arthur Miller Essay2538 Words   |  11 PagesSurname 1 McCain Student’s Name: Instructor’s Name: Course: Date: Death of a Salesman Death of a salesman is a literature play written by American author Arthur Miller. The play was first published in the year 1949 and premiered on Broadway in the same year. Since then, it has had several performances. It has also received a lot of accordances and won numerous awards for its literature merit including the coveted Pulitzer for drama. The play is regarded by many critics as the perfectRead MoreDeath Of A Salesman By Arthur Miller1628 Words   |  7 PagesArthur Miller wrote the Pulitzer Prize winning play Death of a Salesman in 1949. The play inflated the myth of the American Dream of prosperity and recognition, that hard work and integrity brings, but the play compels the world to see the ugly truth that capitalism and the materialistic world distort honesty and moral ethics. The play is a guide toward contemporary themes foreseen of the twentieth century, which are veiled with greed, power, and betrayal. Miller’s influence with the play spreadRead MoreDeath Of Salesman By Arthur Miller1475 Words   |  6 Pagesto death to achieve their so- called American dream. They live alone and there is no love of parents and siblings. They may have not noticed the America dream costs them so much, which will cause a bigger regret later. In the play Death of Salesman, Arthur Miller brings a great story of a man who is at very older age and still works hard to achieve his desire, which is the American dream. Later, he notices that his youth is gone and there is less energy in his body. Willy Loman is a salesman, whoRead MoreDeath Of A Salesman By Arthur Miller2081 Words   |  9 Pages#1 â€Å"Death of a Salesman† by Arthur Miller is a tragedy, this play has only two acts and does not include scenes in the acts. Instead of cutting from scene to scene, there is a description of how the lighting focuses on a different place or time-period, which from there, they continue on in a different setting. The play doesn’t go in chronological order. A lot of the play is present in Willy’s flashbacks or memories of events. This provides an explanation of why the characters are acting a certain

Comparing Different Baseball Eras free essay sample

Baseball Players of Different I believe that an individual cannot compare between baseball players of different Era’s. The reason why I say this is because the game has changed dramatically. Over the years American League has allowed designated hitters since 1973, while the National League hasn’t. A designated hitter is a batter who bats instead of the pitcher. In the 1960’s pitchers did not have relief pitching, so you basically threw until your arm fell off. It was also rare to see a pitcher throw a 100 mph. Now days you see a pitcher throw 100 mph fastballs, as well as relief pitcher warming up and throwing the same speed to help the starter pitcher get out of any problems they get into. In the 1960’s the mound height was set at 15 inches high, until 1968. That year, the baseball commissioner dropped the mound height to 10 inches. The height difference of a mound drastically changes how a pitcher throws. We will write a custom essay sample on Comparing Different Baseball Eras or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the 1960’s more pitchers reached over 300 wins within their careers. In modern days it is rarely to see a pitcher throw over 300 wins. This effect is caused by the downward motion of the ball. For example, when the pitcher threw from a 15 inch mound it made it easier for the pitcher to throw and harder for the hitter to hit, due to the downward motion that the ball had traveled. When the mound dropped to 10 inches it made it more evenly match and fair for the hitter to hit. The only person to get more than 300 wins in today’s era since the 1960’s was Randy Johnson on June 4, 2009. This was only because he was 6 feet 10 inches tall, talented, left hander, and he dropped his arm to a 9 o’clock position, which made it seem to the left handed batters he was throwing behind them. He also stood on the right side is the rubber of the mound to create a greater allusion, which has scared lefties even more. Furthermore the reason why you cannot compare different baseball players from different era’s is because a few baseball players now a day’s use steroids; which are illegal, to enhance their performance. In the 1960’s steroids were not introduced into the game of baseball yet. One type of steroid mostly used in the Major Leagues is HGH (human growth hormones). There was an investigation called the Mitchell Report, which named 150 ball players who used HGH steroids in December of 2007. Big name players like Roger Clemens, Jason Giambi, Andy Pettitte, Miguel Tejada, and Jose Canseco. Moreover, in the 1960’s baseball players used diet drugs like Asenlix or better known as Greenies. This drug helped ball players accelerate their hearts and give faster reflexes. These drugs were undetectable in the 60’s, but now they are easily detected and are illegal in the game of baseball. We can take Barry Bonds, the best homerun hitter from our era and Babe Ruth for his era and you still could not compare them for those reasons. However, I do believe that there are more talented players overall then there were in the 1960’s. In the 1960’s there were only a handful of great ball players; although, now a day’s baseball players are so gifted that they enter the MLB of the age of nineteen and twenty, phenoms like Bryce Harper and Mike Trout. Mike Trout holds the lead for hits and stolen bases in the major leagues as a twenty year old in this 2012 season. While Bryce Harper being the youngest player ever to play in the 2012 All Star Game. Why are younger players getting into the major league baseball organization more now than before you might ask? Well one explanation would be that the life expectancy of the 1960’s was late 60’s and now in 2012 it is set at late seventies. This mean that there are more people today that are in better health and more athletic. In addition there are better programs, better training methods, and facilities. As well the Major Leagues draft ball players at a young age to help developed them into their potential. The reason why I’m interested in this topic is because of course I love baseball and it is something I’m very passionate about. I’ve been playing baseball at a very young age and I consider something I like to talk about because it something that I’m very good at and I can’t say that I’m good at a lot of things. Plus it helps me relief my mind of stress, of any problems that I may have and relax. However, a huge reason why I wrote about this topic is because I always find people saying, â€Å"if we had such and such on our team to this day our team would be unstoppable. † Those people got to understand that a lot has changed over the years and baseball isn’t the same as it was in the 1960’s or whatever era. The game has adapted and will continue to change without you whether you want it to or not.

Trauma, Development, and Spirituality Essay Example

Trauma, Development, and Spirituality Paper Spiritual development and the counter effects it as on trauma will also be discussed. To conclude, this paper will provide suggestions for future research relating to physical health and nutrition and the positive effects they have on a childs mental health and overall well- being. Trauma and the Effects on Neural Development Children exposed to trauma may experience attachment issues or unpredictable emotions, which include flashbacks, strained relationships, physical symptoms such as nausea, headaches, depression or anxiety (American Psychological Association, 2015). When children are exposed to constant conflict or stress it can affect their growth and development significantly. High conflict marriages, families living in poverty or children dealing with the divorce of their parents can create very stressful environments. According to Amatol et al. (2000), empirical research confirms that children of divorce are at an increased risk for the development of psychological, behavioral and academic problems (as cited in Connelly Green, 2009). Children from high conflict divorce often fare worse compared to children whose parents have a more amicable divorce (Brooks, 2014). Constant conflict and high levels of stress increase stress hormones which reverts the child from having the capability of calming themselves down. Parents who are incapable and unwilling to get along are engaged in a relationship that can be very alluring and seductive. While this type Of relationship remains dysfunctional it still keeps the couple connected. Because of the alluring nature many parents continue to engage in high conflict relationships and as a result children face devastating developmental consequences that affect their overall well-being. We will write a custom essay sample on Trauma, Development, and Spirituality specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Trauma, Development, and Spirituality specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Trauma, Development, and Spirituality specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Developmental Delays Following Trauma Many children in the United States grow up in households where psychological maltreatment is ever present. Feldman (2014) states that psychological maltreatment occurs when parents or other caregivers harm childrens behavioral, cognitive, emotional, or physical functioning (p. 257). For many children this form of maltreatment has been associated with low self-esteem, lying, misbehaver and underachievement in school (Feldman, 2014). Additionally, the brain of the child endures permanent changes due to abuse and neglect. Feldman (2014) provides the following information on childhood maltreatment and abuse: Childhood maltreatment can lead to reductions in the size of the magical and hippopotamus in adulthood. The stress, fear, and terror produced by abuse may also produce permanent changes in the brain due to overpopulation of the limbic system. The limbic system is involved in regulating memory and emotion. When the limbic system is overestimated it can cause the child to experience antisocial behavior in adulthood (p. 257). The developmental delays that may occur due to trauma prove detrimental to a childs development. Resilience training is very beneficial when caring for a child who has suffered a traumatic event. Resilience is the ability to overcome circumstances that place a child at high sis for psychological or physical damage (Feldman, 2014, p. 258). Traumatic events are unavoidable and everyone will experience at least some form of trauma in their lifetime. The importance of resilience cannot be overlooked, it is a powerful tool that can be used to reverse the negative effects of trauma. Trauma and the Variation between Cultures Trauma varies among cultures. Children who are born and raised in war torn countries experience very different levels of trauma compared to children who are not exposed to war. Coleridge (2001 ) provides the following: Afghanistan refugee children experience war, murder of parents, arid labor and marriages at an early age (as cited in Streetwalker Hoot, 2008). The consequences of war are real and for many young people these legacies remain just below the surface and find expression in depression, anxiety and post-traumatic stress disorder (Burry Hayward, 2013). Burry Hayward (2013) also state that, resilience of the Afghanistan people is remarkable, with their ability to rebound in the face of tragedies, to move forward in life and to make the best of their situations (p. 3). Children who are raised in countr ies that are devastated by war are exposed to many horrifying crimes against humanity. The resilient nature of these children set them apart from other children. The desire to survive is so powerful that they continue to live even in the face of war and terror. Spiritual Development and the Counter Effects on Trauma Relationship, Absent;King, Wagoner, Benson (2006) state the following: Spirituality and religion may serve a particular protective function when the family faces significant adversity, such as poverty, chronic health problems in a family member, the death of a family member, or other traumatic experiences. In times of difficulty, turmoil, or crisis, religious practices and levels can provide intrinsic benefits as well as enhance the support available to the family (p. 359). Dry. Brooks explains in her video that faith and spirituality can be used to calm the nervous system during times of stress. She refers to this part of the brain as the God part of the brain (Brooks, 2014). God created us to worship and to seek Him. Therefore, the brain releases a calming sense when one becomes connected with Him through worship and prayer. Relationship et al. (2006) states, the sense that a divine power can work through ones own and others prayers adds a unique element of comfort not mound in nonstructural sources of social support (p. 359). Spiritual development is a crucial component that can be used to help children overcome traumatic events. Spirituality benefits our life emotionally, physically and gives a person sense Of purpose (Dangle Sings, 2012). Conclusion The devastating effects of childhood trauma often leads to psychological disorders. The use of antidepressant drugs has become a popular treatment for a variety of childhood psychological disorders, including depression and anxiety (Feldman, 2014, p. 281). These types of medications are being prescribed for young people at an alarming rate. More than 10 million prescriptions are written annually for children under the age of eighteen (p. 281 Advocates for the use of these drugs stand behind them because they are found to treat psychological disorders quit e well. However, the long term side effects need to be researched further. There is some evidence linking the use Of antidepressant medication with an increased risk of suicides? (Feldman, 2014, p. 281). While the drugs are effective at masking the symptoms of depression and anxiety, one easily becomes dependent on them. Research could benefit by switching focus from pharmaceutical options and move to a more organic approach to healing. Longitudinal studies over many years in Guatemalan villages show that childrens nutritional backgrounds are related to several dimensions of social and emotional functioning (Feldman, 2014, p. 276). Children who received more nutrients were more involved with their peers, showed more positive emotion, and had less anxiety than their peers who had received less adequate nutrients (p. 276). Children growing up in the United States are exposed to many toxins in their environments. The meals consumed by many American families consist of processed nutrient deprived foods. School lunch programs have also failed to meet the nutritional needs Of students. Physical education and time for play during recess has decreased allowing additional concentration on academic achievement. All these factors play into the healthy development in children. Our bodies are being deprived the nutrients God intended for all of us to have in order to live healthy lives. He makes the whole body fit together perfectly. As each part does its own special work, it helps the other parts grow, so that the whole body is healthy and filled with love (Ephesians 4:16). Further research is needed on the importance of nutrition and physical health during childhood especially relating to children who are suffering from psychological disorders.