Questions On Common Sense Economics - 1494 Words

Common Sense Economics provides an excellent introduction to the study of economics, and particularly its many key principles, including the â€Å"twelve key elements,† â€Å"seven major sources of economic progress† and â€Å"twelve key elements of practical personal finance.† The most compelling section of the text deals with financial insecurity and its dependence on quickly escalating personal debts. Indeed, Gwartney et al. note that the ratio of household debt to disposable personal income reached 135% in 2007, â€Å"a two-fold increase since the mid-1980’s† (Gwartney 109). Moreover, prior to the recession consumer debt payments on consumer debt as a percentage of income spiked sharply (109). Thus, it appears that the 2007 recession was driven by high household debt. Moreover, the International Monetary Fund (IMF) has downplayed the role of public debt in driving economies to the brink. Instead, it warns that household debt is a much more volatile driver of economic recession. Therefore, the economic theme of rising household debts will be the concern of this analysis, which will borrow from the work of Mian and Sufi in House of Debt. The question of household debt has long been a contentious and divisive subject. Indeed, prescribing solutions to rising household debt and consequent economic recession is unlikely to be as controversial as actually diagnosing the problem. Indeed, household debt has long been censured and stigmatized from both moral and religious perspectivesShow MoreRelatedA Study on Job Satisfaction of Faculty Members1622 Words   |  7 PagesSATISFACTION OF FACULTY MEMBERS IN EDUCATION SECTOR K.R.Sowmya1, Dr.N.Panchanatham2 Introduction Job satisfaction has been investigated in several disciplines such as psychology (Argyle 1989), sociology (Hodson,1985;Kalleberg and Loscocco ,1983), economics (Hamermesh 1977, 2001; Freeman, 1978), and management sciences (Hunt and Saul ,1975). Employers prefer that their employees be satisfied, since employees satisfaction is closely related to their labor market behavior such as productivity, quitsRead MoreThe European Union As A Powerful Entity1612 Words   |  7 Pagesin the 1950 s, it was meant to be an economic, rather than political or militaristic means to spur prosperity. Its purpose is to allow the less restricted movement of capital and goods across the borders of European countries. Even more, a common currency eliminates the hassle and frustrations that come with international trade otherwise. Another benefit is the elimination of tariffs and other trade restrictions, which disappear with the imposition of common trade standards everywhere within theRead MoreEco nomy and State: A Sociological Perspective724 Words   |  3 Pagesexplains the economic foundation of the state by discussing the governance of property and money, in correlation to labor and firms, ending in economic development and internationalization/globalization. Bandelj and Sowers’, target audiences for this book seemed to be intended for those individuals wanting to learn the basics of economics from an economic sociology perspective allowing readers to broaden their minds, while drawing comparisons from the political economy and economic sociology. ThisRead MorePublic Policy And Slave Security798 Words   |  4 Pages 1) Identify the question that the article is trying to answer In this article, the three authors Marl Yanochik, Bradley Ewing and Mark Thorton, discuss how public policy and slave security played a significant role in the profitability of antebellum slavery. When looking into this, the authors aim to determine whether there was an economic relationship that existed between public policy and slave prices. 2) Explain how the author tries to answer the question The authors have recognized thatRead MoreEssay about The American Revolution: An Economic Movement706 Words   |  3 Pagesby a social and economic movement in many more aspects than that of a political and intellectual movement. Even though political reasons existed for the cause the Revolution, the revolution should be considered an economic movement based on the idea of â€Å"no taxation without representation.† The colonists believed that the British rule in the colonies was extremely unfair, but these intellectual causes are greatly outnumbered by economic causes such as taxes and trade. The economic and social causesRead MoreWhat Is The Driving Growth In Translation Services For The Finance Industry?996 Words   |  4 PagesFINDINGS While I could not find a direct answer to your question, I was able to gather some information about this topic, which I think will be helpful for your project. Translation Market Size Currently, there are over 6,500 spoken languages around the world. Recorded in the year 2015, the global translation industry had a turnover of nearly â‚ ¬40 billion on an annual basis in Europe. According to the studies completed by the Common Sense Advisory consulting firm, the global translation market hadRead MoreThe Building Of A Nation1576 Words   |  7 Pagesintrinsically ambiguous term. Questions consistently arise like, ‘who defines a nation?’ and ‘what defines a nation?’ The building of a nation explicitly links with the modern state, ethnicity and industrialisation. Ethnicity is a key feature of this and synonymous with identity, it is the most important factor in the forming of a nation. In analysing identity through language and religion, we will find that it is vital to the stability of the state that there is common linguistic understanding andRead MoreMedia And Society : Technology, Democracy And Capitalism1747 Words   |  7 PagesInte rpretation: asking and answering the â€Å"What does that mean?† and â€Å"So what?† questions about one’s findings 4. Evaluation: arriving at a judgment about whether something is good, bad, or mediocre, which involves subordinating one’s personal taste to the critical assessment resulting from the first three stages. 5. Engagement: taking some action that connects our critical perspective with our role as â€Å"global citizens† in order to question media institutions, adding our own voice to the process of shaping theRead MoreAn Application Of Contingent Valuation Method1038 Words   |  5 PagesMethod is generally applied to environmental goods only, however it can be extended to public goods in a general sense. When evaluating any kind of natural resource, there is a risk of devaluing the good being observed, due to lack of baseline data and information. Being off a entire degree or power may not mean anything during a calculation with respect to health risk, it is a common sense test that a great deal of information may be missing in a calculation. In the Impact Analysis of IrrigationRead MoreThe issue of security has long been the preoccupation of international relations. It has been800 Words   |  4 Pagesbeen argued that there is no common concept of security and disagreement i n the normative and methodological approach. In the simplest form, the core of security is survival, and consequently a lack of threat. In terms of international relations, the state has been the main referent object of security. Arnold Wolfers proposed the definition of security as the (security), in an objective sense, measures the absence of threats to acquired values, in a subjective sense, the absence of fear that such

Motivation in the Workplace Essay - 1193 Words

All employees analyze their environment and strive to be recognized and rewarded for their hard work and dedication they put into the company, in a word they are seeking justice. Justice can be defined as a person receiving what they feel they are entitled to and if they do not receive what they deserve the situation may board on injustice. Unfortunately in today’s society justice and appreciation are not given out to all those deserving (Pinder, 1998). A major problem to address is how to keep the motivation level high in a company when the employees do not feel appreciated. The Equity Theory touches on the effects these situations have on the employee’s motivational level. In society today employees are constantly comparing how they are†¦show more content†¦The challenge to this formula is the fact that every person has a different viewpoint on the same situation or puts more emphasis on inputs and outputs that are important to themselves due to the fact, â€Å"the workplace is an important forum in which people experience the joys and miseries of fairness and unfairness in the exchange of their talents, efforts, and ideas for economic and noneconomic benefits (Carpenter, Bauer, Erodgogan Short, 2013).† For example, well-educated individuals may look at the fact that they attended an Ivy League University and graduated with a business degree and feel as though they are entitled special treatment or pay due to their accomplishments even though their quality of work is only adequate (Pinder, 1998). All employees analyze their environment and strive to be recognized and rewarded for their hard work and dedication they put into the company, in a word they are seeking justice. Justice can be defined as a person receiving what they feel they are entitled to and if they do not receive what they deserve, the situation may boarder on injustice. Unfortunately in today’s society justice and appreciation are not given out to all those deserving (Pinder, 1998). Within the Equity theory there are three justice theories. The first of which is distributive justice, this touches on if the referent feels that the outputs are fair that are given to the employees. This comes into playShow MoreRelatedMotivation in The Workplace1771 Words   |  8 Pagesrequirements of their job, but are experiencing shortcomings in doing so, many times it is believed that worker motivation may be the root of the problem (Laird 95). What, though, is work motivation? According to Laird (2006), â€Å"moti vation is a fundamental component of performance â€Å" and â€Å"is the reason that someone chooses to do some things and chooses not to do others†. In other words, work motivation is what energizes workers to the level of output required to fulfill a task, directs their energy towardsRead MoreWorkplace Motivation1770 Words   |  8 Pagesbe very useful tools to increase motivation from the employees, reduce employee turnover and help to maintain skilled and talented personnel. Strategies used to influence employee loyalty can be intrinsic motivation or extrinsic motivation. Intrinsic motivation is explained as ones personal incentive to engage in an activity for a feeling of personal satisfaction and accomplishment without expectation of external rewards or recognition. Whereas, extrinsic motivation is defined as using external incentivesRead MoreThe Impact Of Motivation On The Workplace861 Words   |  4 PagesOnce I would like to start off explaining what motivation i n the workplace. Motivation is an employee s intrinsic enthusiasm about and drive to accomplish activities related to work. Motivation is that internal drive that causes an individual to decide to take action. The five job related factors that can hinder motivation in the workplace are (1) Inadequate Job Skills, (2) Opportunity for Advancement, (3) Overwork, (4) Respect from Co-worker, and (5) Job security. Inadequate Job Skills- In theRead MoreThe Effect Of Motivation On The Workplace759 Words   |  4 PagesThe topic in the workplace that I have chosen to discuss is that of motivation in the workplace. Problems of motivation can cause performance issues, which cost businesses thousands of dollars each year (Nordmeyer). Low motivation delays employees from completing their work and causes many mistakes made within the workplace (Nordmeyer). The definition of motivation is the processes that account for an individual’s intensity, direction, as well as persistence of effort, towards attaining a goal (RobbinsRead MoreEmployee Motivation in the Workplace1504 Words   |  6 PagesJohn Honore (2009), James Lindner (1998), and an article by Fred Herrera (2002). All three articles discussed the topic of employee motivation in the workplace. The authors examined several motivational theories and put forward their ideas on the concepts and application of motivational techniques. The aut hors’ work provides insight into the psychology of motivation and the different factors and theories that affect it. My conclusion is in line with the authors’, motivated employees are needed forRead MoreWorkplace Motivation Essay1169 Words   |  5 Pagesneed to motivation because this works want to get high quality .However, there are some problems which face so many people during the motivation . So there are a lot of theories appeared to help people to get the best motivation. What is the motivation .To reply this question that means you can understand the motivation also you can know how do you deal with problem motivation. There are a lot of definitions for motivation some people make briefly definition for motivation ,thatRead MoreEmployee Motivation in the Workplace1413 Words   |  6 Pagesproduct and or quality is of the same caliber. The key to an employee performance is motivation. The expression, you can lead a horse to water but you cannot force it to drink water, can be seen within the human race. The purpose of this paper is to discuss motivation in the workplace. To have a successful company, employee must be motivated enough to work and get the job done. One way have success in the workplace is to define the morale and motivate employees. The human resource department orRead MoreWorkplace Motivation: QVC1314 Words   |  5 Pagesï » ¿Workplace Motivation: QVC Motivation is a psychological process that causes arousal, direction, and the persistence of voluntary actions that are goal oriented (Ramlall, 2004). Lack of motivation is the main reason employees do not remain with a company. Employee retention is critical for a company to remain successful. For every 10 managerial and professional employees lost, an organization loses an average of $1 million (Ramlall, 2004). With respect to QVC, it is the nations largest electronicRead MoreAchieving Motivation At The Workplace1177 Words   |  5 PagesQuestion: 1. What is the best way to achieve motivation at work? Explain your answer with reference to relevant literature and examples. Problem Statement: Achieving motivation at the workplace is extremely important as the desire for workers to perform more efficiently and higher in terms of quality can directly influence the overall performance of a company (Ridgeway, 1982). Thus, discovering the best way to achieve motivation at work is a very necessary topic to be discussed. However, the definitionRead More Motivation In The Workplace Essays1605 Words   |  7 Pages Motivation in the workplace is one of the major concerns that managers face when trying to encourage their employees to work harder and do what is expected of them on a day-to-day basis. According to Organizational Behavior by John R. Schermerhorn, James G. Hunt and Richard N. Osborn the definition of motivation is the individual forces that account for the direction, level, and persistence of a persons effort expended at work. They go on to say that motivation is a key concern in firms

A Philosophical Assessment Free Essays

A Philosophical Assessment in Kauchak amp; Eggen: Chapter 7 (Examining Your Beliefs). Lance DeLong Of the four philosophies of education; Perennialism, Essentialism, Progressivism and Social reconstructionism, the one that seem to best fit my fundamental beliefs would be reflected in Essentialism philosophy. This is, because I believe that the role of the public school system is to teach students essential elements of knowledge that then in turn enables the student to development critical thinking skills associated with advanced critical thinking. We will write a custom essay sample on A Philosophical Assessment or any similar topic only for you Order Now These learned skills can only be applied after a student has gained the knowledge necessary to function effectively in society, and only after he understands that society can he make critical decisions relating to that society. The dilemmas identified in the situation posed by the text book exercise; â€Å"Decision Making: Developing Your Philosophy of Education†, can be analyzed through the perspective of this educational philosophy as such: The basic premise of what are the responsibilities of the education system and how we achieve critical thinking speaks to the issues presented in the first part of this exercise. The essence of understanding what one is thinking about and making decisions on, must first be established in in the students mind, would be my opinion. Essentialism, is the idea that centers around basic truths that must be learned in order for students to engage and participate in such activates. Essentialism is a belief that life is a series of building blocks and certain truths must be learned that allows the student to achieve advancement and an understanding of the society and the culture in which they are making decision on. This philosophy must also be looked at in the light of our Christian world view and the Bible. The Bible must be the basis and reflection of all philosophical truth. Paul warns us in Col. 2:8, â€Å"Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ†. Though not all worldly philosophies are deceiving and drawing us away from Christ, I believe that any that question the basic tenants of education set forth in the scripture to be contrary to said and easily disassociated. The basic principle acknowledged by essentialists is that there are essential truth and those truths are to be imparted in the educational system. While absolute truths are communicated through scripture and basic academic truths regarding history, English, mathematics, and literature are the basis for this philosophy; one must acknowledge this, to be the basic responsibility of an educational system, imparting absolutes, to be an essentialist. Other educational philosophies that foster the process of discovering truth rather than acknowledging truth must be recognized for what they are â€Å"vain deceit†. Another principle the essentialists would hold true to, is that learning requires discipline and usually is accomplished through hard work. This seems to be negatively reflected in the situation presented in the text book. The students in the example seem to have been the product of a system that does not teach personal discipline and hard work as evidenced in their attitude for a quick solution and desire to learn just what is required to get by. If these students had been exposed to a system associated with discipline and hard work and that was the standard, questions such as â€Å"why do we have to learn this stuff† would not have been posed and comments such as â€Å"C’mon just tell us what you want us to know† would not need to be made because students would have learned that hard work and discipline produces usually positive results. It seems that these students have been given and have not learned to work for their education. If these foundational principles had been instilled into these students through a disciplined learning environment they would not have been left to their own devises as it seems these students have, but would have developed a deliberate regimented method to learning one that would have been measured and proved though testing. Also, in the situation presented, there seemed to be an element of disrespect associated to the system and the teacher. The element of submission to authority has not been instilled in the students. Paul tells us in I Peter 5:5, â€Å"Likewise, ye younger, submit yourselves unto the elder. Yea, all of you be subject one to another, and be clothed with humility: for God resisteth the proud, and giveth grace to the humble†, the element of authority and the respect thereof has seemingly not been established in this learning environment. The essentialist recognizes the traditional teacher centered philosophy where the respect for authority is the basis for the importance of the information being communicated. The imparting of knowledge, information, and skills from the older (presumably wiser) generation to the younger one is imperative in this philosophy. The teacher’s responsibility is not only to impart those mentioned elements of basic education, but also to instill respect for authority, and moral norms as deemed acceptable in a society. The situation described in said scenario seems to be a reoccurring dilemma recognized in our public school systems today. This seems not to be a need to redefine the educational system, but a need to readdress roles and responsibilities. Going back to the principles of the founder of the essentialist educational theory, William C. Bagley seems to be the answer. His basis principles of â€Å"the recognized right of an immature student to the guidance of a well-educated, caring, and cultured teacher†, would seemed to have resolved the assumed attitude of the students in question of non-importance of education. That â€Å"the imparting of the ideals of community to each succeeding generation of children†, would have resolved the issue of respect for the teaching system and teacher and would have fostered the feeling of community and society. Having a specific program of studies that required thoroughness, accuracy, persistence, and good workmanship on the part of pupils†, would have set the precedence and provide the students specifically with what was required of them. I would agree with Professor Bagley’s’ statement of â€Å"(American) essentialism is grounded in a conservative philo sophy that accepts the social, political, and economic structure of American society and schools should not try to radically reshape society†. I hold to the same thought that American schools should transmit the traditional moral values and intellectual knowledge and those students need to become model citizens. I hold to the basic tenant that when a student leaves school that they should possess basic skills and an extensive body of knowledge, discipline and a practical mind that then allows them to apply school house lessons in a real and practical world. Finally I believe the American school system is in decline as evidenced in the 2009 National Assessment of Educational Progress (NAEP). The results of these test showed that only about one third of American students exhibited proficiency in technology and science. â€Å"Living in the past† is the phrase I will use as some reflect on the fact that in the 1950s SAT scores reached an all-time high as reflected by the International Adult Literacy Survey (IALS), surveying Adults 16-65 relating not to math and science but literacy. As years go by statistics continue to drop. The current administration has promised even more spending on their â€Å"Race to the Top† initiative with seeming little or no positive results. Some will find excuses for the decline, but it seems to me that the progressive mind set relating to current educational philosophies is not necessarily working and that a return to traditional values and proven theories of education would be prudent to return to. A philosophical model of education that reflects the principles of ultimate truths do not change and that sound conservative practices of essentialism seems be the basis for this return. How to cite A Philosophical Assessment, Papers

Italian Food free essay sample

Bruschetta Bruschetta is a popular menu item at many Italian restaurants which commonly served warm as an appetizer, snack, or side dish. The name comes from the Italian word bruscare, which means to roast over coals. The most common form of bruschetta is the traditional tomato and basil bruschetta. Bruschetta itself, is actually thin slices of bread, which have been grilled until lightly browned, then rubbed with garlic and olive oil. There are as many variations on bruschetta, as there are cooks. Through the years however, the combination of diced tomatoes and fresh basil, often bathed in a balsamic vinaigrette dressing, has become the standard- bearer for bruschetta in most restaurants. 2. Garlic bread Garlic bread consists of bread topped with garlic and olive oil or butter. It is then either grilled or broiled until toasted, or baked in an oven. It is typically made using a baguette which is partially sliced downwards, allowing the condiments to soak into the loaf while keeping it in one piece. We will write a custom essay sample on Italian Food or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The bread is then stuffed through the cuts with oil and minced garlic before baking. Alternatively, butter and garlic powder are used, or the bread is cut into separate slices which are individually garnished. Some variants are topped with a variety of cheeses, often mozzarella, Cheddar or feta. Hot and crisp from the oven, sodden with rich, punchy butter, garlic bread is a delight for the senses, and something that will compliment any kind of Italian main course. 3. Caprese salad The caprese salad is a simple dish,  made up of sliced tomatoes  topped with fresh mozzarella and green basil, then seasoned with a nice fruity olive oil, salt and balsamic vinegar. The salt brings out the juices of the tomatoes to run together with the sweet, milky cheese and the basil gives everything a fresh herbal spiciness. In Italy, unlike most salads, it is usually served as an starter, not a   side dish. 4. Fried Mozzarella Any discussion of Italian food would not be complete without mentioning  Italian cheese. Cheese is an important part of the Italian culture and everyday living, especially Mozzarella, which is used in a variety of recipes and is an irreplaceable ingredient for appetizer in Intalian cuisine. Fried Mozzarella would make a perfect dish for stater which is everyone’s favorite. Sliced mozzarella are coated with flour mixture, egg, bread crumbs and then deep fried in oil until they turn golden. A crisp coating holds marverlous melted cheese, which taste terrific when dipped into tomato sauce would create a crowd-pleasing appetizer. 5. Fried calamari Fried calamari has to be one of the most popular restaurant dishes. Whether youre eating American, Asian, Italian or Latin American, you can bet that fried calamari will be listed under appetizers. Fried calamari, known as calamari fritti in Italian, is a dish made from fresh squid. The squid is cut into rings, dipped in flour mixture and then deep fried until they turn golden and cripsy. Crispy rings of tender calamari are great as an appetizer usually served with salt and lemon. Sauces such as spicy tomato sauce or garlicky mayonaise are also well recommended. Fried calamari is one of the most classic summer seafood dishes in Italy: golden rings of squid which people eagerly squeeze lemon wedges over, and eat quickly for fear that theyll get less than their share of. Fried calamari are hard to beat.