Sunday, December 29, 2019
The Rape of Lucretia - 1974 Words
The time is the sixth century, the place is Rome and the person is Lucretia, a woman who contributed to one of the biggest parts of Roman history: the creation of the Roman republic. The rape of the virtuous Lucretia by Sextus Tarquinius, the son of Tarquinius Superbus (an Etruscan king) was the final straw for the Roman people and pushed them to want to change from a monarchy to a republic. From the accounts of the rape of Lucretia from ancient historians like Livy, Cicero and Dionysius, it is clear that Lucretias rape not only spurred the roman people to want to get rid of the Etruscan King and his family, but also revealed the important role of virtue in women in roman society. There is no doubt that Lucretia, the wife ofâ⬠¦show more contentâ⬠¦Sextus saw what he desired and he took it, as his father had done and as Tullia always encouraged. The rape occurred a couple of days after Collatinus contest when Sextus went to Collatinus house, knowing he was not there, and was we lcomed as a guest by Lucretia. Later on, when it was nighttime and everyone was asleep, Sextus snuck into Lucretias room and tried to seduce her before he raped her. This was recorded by Livy who writes Sextus urged his love, begged her to submit...used every weapon that might conquer a womans heart(101) as well as by Dionysius who writes that Sextus told Lucretia if you will consent to gratify me, I will make you my wife, and with me you shall reign(65) After Lucretia rejects all his attempts to seduce her because she would rather die than be raped and lose her virtue, Sextus turns to manipulation and threatens her virtue by saying that after he kills her he will lay her body next to that of a dead slaves and tell people that he had caught her having impure relations with the slave. This would ruin her virtuous image and good reputation long after her death so Lucretia, who is more threatened by disgrace than by death, unwillingly submits herself to him. Through these accounts one can see that it is not clear whether Sextus was in love or merely in lust with Lucretia for he starts declaring his love for her, then tries to seduce her by telling her everything sheShow MoreRelatedMy Visit At The Art Institute Of Chicago1596 Words à |à 7 PagesDuring my visit at the Art Institute of Chicago this quarter, a popular and interesting piece of artwork that spoke to me in ways that no other artwork did was the, ââ¬Å"Tarquin and Lucretiaâ⬠by Tintoretto or the artist known as Jacopo Robusti. Tintoretto is also known as the one of the most well-known Italian Renaissance artists and became interested in painting at a very young age. This specific piece of artwork was originally created by Tintoretto during 1578 through 1580 and is an oil painting onRead MoreDefining Virtue : Machiavelli s New Representation Of Lucrezia Vs. Lucretia1492 Words à |à 6 PagesDefining Virtue: Machiavelliââ¬â¢s New Representation Of Lucrezia Vs. Lucretia Defining the true definition of virtue can be a debated subject. There are many different definitions that can be used to define virtue and many people can have their own opinions on the matter. We only have to consider definitions provided by academic scholars and those we believe possess virtue. Using St. Thomas Aquinasââ¬â¢ definition of virtue as Machiavelliââ¬â¢s intended definition of virtue in Mandragola will be used as theRead MoreShang Dynasty And The Roman Empire Primary Sources872 Words à |à 4 Pagesare supported by the primary source, ââ¬Å"The Rape of Lucretia.â⬠Alternatively, certainties about the Shang Dynasty, in East Asian, utilizing religion and politics together to determine natural phenomenons in life are supported by the primary source, ââ¬Å"Shang Oracle Bones.â⬠Ultimately, primary sources give a pretty clear and reliable picture as to how society functioned during the time periods that are being studied. The primary source, ââ¬Å"The Rape of Lucretiaâ⬠written in 17 AD by Roman historian namedRead MoreComparison And Contrast Of Perpetua And Lucretia1187 Words à |à 5 PagesComparison and Contrast of Perpetua and Lucretia By comparing the following primary sources, ââ¬Å"The Martyrdom of Perpetua and Felicitasâ⬠and ââ¬Å"The Rape of Lucretia,â⬠historians can learn about the archetypes of Roman society. The former text, written in 202 or 203 CE, is a prison diary of a young martyr in Carthage. The protagonist, Perpetua, is arrested and sentenced to death because she refused to renounce her Christian faith. Despite having a newborn and hearing consistent outcry from her fatherRead MoreThe Woman s Body865 Words à |à 4 Pagesexpression and clothes she is wearing, and the iconographic items in the painting reveal that she is Lucretia, the woman who was raped. According to the didactic, Lucretia was the wife of a Roman noble, and was raped by Sextus, the son of Tarquin, who was the king of Rome. Tarquinââ¬â¢s nephew, Brutus, led the rebellion against the king, which eventually led to his banishment. After she was raped, Lucretia told the incident to her brother and father ââ¬â and p robably because of how guilty she felt ââ¬â stabbedRead MoreAnalysis Of Shakespeares The Rape Of Lucrece1808 Words à |à 8 PagesScholarly work on the perennial problem of rape has traditionally placed the blame of perpetuation on the flaws inherent in patriarchal systems. Some scholars have pointed to the constructed gender hierarchies of patriarchy as fertile grounds for rape to flourish (Pallotti 218). Shakespeareââ¬â¢sà The Rape of Lucreceà is often read this way, with an emphasis on how Tarquinââ¬â¢s construction of Lucreceââ¬â¢s femininityââ¬âas whole and inaccessibleââ¬âis what motivates his rape (Quay 7). Other scholarship suggests thatRead MoreChristianity During The Roman Empire1526 Words à |à 7 Pagesof Lucretia. This account also aids in explaining the origins of Rome as well as the establishing of the Republic of Rome. Lucretia was a noblewoman and was staying in her estate alone. One of her guests rapes her while her husband and father wer e still away. She ends up killing herself because she does not want anyone to question her honor. Lucretia did not want other women to use her story of rape to justify being unfaithful to their husbands, so she committed suicide. ââ¬Å"Never shall Lucretia provideRead MoreAn Analysis Of The Of Women 1477 Words à |à 6 Pagesthey were treated like property and not as if they were human beings. They were more like sex slaves, cleaners, punching bags and more. There are a number of female characters deep within his story that are shown and slightly underlooked. Slavery, rape and beatings took an emotional and physically toll on the women and fell prey to the coward masters. Therefore lowering their inner strength and made them weak. Douglass doesnââ¬â¢t talk about women very often and usually associates them with sufferingRead MoreThe Rape Of Lucrece By William Shakespeare1786 Words à |à 8 Pages In Shakespeareââ¬â¢s ââ¬Å"The Rape of Lucrece,â⬠theoretical republicanism is predicated on the existence of and distinctionà between two types of men: the slave and the free. Those freeborn men who qualify for the responsibility and privilege of participating in the public sphere, are then further dependent upon the existence of a domestic female sphere in order to exercise their political virtue. The intersection between these two vital tenets of Classical Republicanism, class and gender politics, becomesRead MoreAnalysis Of The Book The Odyssey 984 Words à |à 4 PagesMarcus Brutus, who was known as one of the leaders of the conspiracy to murder of Julius Caesar. Lucius revolted against the last King Lucius Tarquinius after discovering the rape of Lucretia, which was committed by the kingââ¬â ¢s son Sextus Tarquinius. Early sources on Lucius Junius are Shakespeareââ¬â¢s works The Rape of Lucretia and The Tragedie of Julius Caesar. Lucius Junius demonstrates his resolve for the republic as he sent his own sons to be executed. Similar to how Greek heroes played an important
Friday, December 20, 2019
Best Practices in Negotiations, Article Review - 2135 Words
Article Review 7.1: Best Practices in Negotiations Article Review HR595 Negotiation Skills Course Instructor: Wendy Chung April 14, 2010 Week 7 Submitted by Bob Figone What is the problem or issue that necessitates such an article be written? This article comes directly out of both textbooks (Chapter 12 in Essentials of Negotiation, page 256 and Article 7.1 in Negotiation ââ¬â Readings, Exercises and Cases, page 485) we have used for this course. It is a summary of what we have learned about the field of negotiation. It reminds us that negotiation is intrinsic in our lives and confronts us many times each day. This article is a reflection by the authorââ¬â¢s using a broad view of best practices for negotiators toâ⬠¦show more contentâ⬠¦3. Identify and Work the BATNA Power in negotiations comes from available alternatives. The most likely alternative selected when an agreement cannot be reached is a partyââ¬â¢s best alternative to a negotiated agreement (BATNA). First, negotiators need to be watchful of their own BATNA in order to maximize the outcomes. Improving a partyââ¬â¢s BATNA improves the agreement. Second, a negotiator must determine the other partyââ¬â¢s BATNA and compare it to the ir own. If a partyââ¬â¢s BATNA is better, then the desired outcome potential is better. If there is not much difference between each partyââ¬â¢s BATNA then there is less room to negotiate. Three things a Negotiator should do knowing the other partyââ¬â¢s BATNA: ( Monitor it carefully to retain your advantage. ( Remind the other party of your advantage ( Carefully suggest that the other party may not have an advantage. 4. Be Willing to Walk Away The goal is not to necessarily reach an agreement but to achieve a valued outcome. Experienced negotiators know this and are always prepared to end any negotiation that produces an outcome worse than their BATNA and walk away point. Negotiatorââ¬â¢s who focus on the goals and continue to compare their targets with the BATNA and walk away points reduces the possibility of aShow MoreRelatedBuying a House with Distributive Bargaining Skills1223 Words à |à 5 PagesDistributive bargaining is a very important negotiation skill. Used as the core of the core of an negotiation, distributive bargaining is defined as, ââ¬Å"a negotiation method in which two parties strive to divide a fixed pool of resources, often money, each party trying to maximize its share of the distributionâ⬠(Michael R. Carrell, 2008). Within the distributive bargaining process, the two parties involved have to negotiate over a set of assets in which one person looses and the other gains. ThisRead More Negotiations and Decision-making Essay examples1100 Words à |à 5 Pageson decision-making. Likewise, the same can be stated regarding the search for information pertaining to negotiations and decision-making. For example, a Google search of the key words ââ¬Å"negotiations/decision-makingâ⬠garnered over ten million results! Reviewing a tenth of that information would take a great deal of time and energy, so this paper will narrow the scope and focus on four negotiation/decision-making types: zero-sum game, win-win, satisficing solutions and fixed pie. In addition, a briefRead MoreSocial And Natural Resource Issues765 Words à |à 4 Pagesnatural resource issues. In the article, Global Green Pluralism, pluralistic values discussed that support my argument are comprised of the division of labor amongst governments and nongovernmental actors to govern the environment. Some of the values that play a key role in the overall support the creation of an effective environmental and/or natural resource policy to preserve the environment consist of actors/governance components, agenda setting, networks, negotiation, compliance, implementationRead MoreLeaving The Eu Case Study899 Words à |à 4 Pagesentrepreneurship opportunities (Chalmers and Menon, 2016). When Theresa May triggered Article 50 in March, 2017; she ruled out any hope of the government the deadline for Brexit. She expressed that she is determined to make the March, 2019 deadline and has been locked in talks with the EU. However, the slow progress of these talks as led many small businesses and politicians alike to believe that the negotiations will not be completed in time (Sparrow, 2017). Many small businesses are calling forRead MoreHistory Of Adr And Conflict Management Essay1462 Words à |à 6 Pages The following review of the literature discusses the history of ADR and conflict management. Additionally, this section discusses the four principal ADR processes Mediation, Arbitration, Negotiation and Conciliation as part of the conflict resolution mechanisms. The theoretical framework and guiding theories were explored. Finally, this chapter analyses the legislative framework in both at National and International arena. 2.1.1 Alternative Dispute Resolution ADR is a generic term that refers toRead MoreThe Force Within Hospital Walls Paper1494 Words à |à 6 Pagesfollowed up by an expedient collection process. As a result of studying different levels of payer mix reimbursement, strategies have changed from the denial management type model to that of a prevention model (Lagasse, 2016). Key Areas of Review The key areas of review for timeliness and maximization of reimbursement, in descending order, are (a) at the starting gate, the accurate collection of demographic data to prevent claim rejections and delayed payments, (b) the confirmation of financial responsibilityRead Moreimplementing-strategies-in-extreme-negotiations4424 Words à |à 18 PagesIdeas in Practice hbr.org HBR.ORG To read the full article, go to hbr.org/2010/11/extreme-negotiations/ar/1. Implementing Strategies in Extreme Negotiations A conversation with Jeff Weiss and Jonathan Hughes SPOTlighT On leadershIp lessOns frOM the MIlItary Spotlight hBr.Org ARTWORK Stacy Pearsall, Lead the Way March 9, 2007, Old Baqubah, Iraq Extreme Negotiations What U.S. soldiers in Afghanistan have learned about the art of managing high-risk, highstakes situationsRead MoreAdnvsbsn1072 Words à |à 5 Pagesdevelopment, prepares the new nurse for a broader scope of practice, and provides the nurse with a better understanding of the cultural, political, economic, and social issues that affect patients and influence health care delivery. You need an intext citation. Review APA for format That being said there is a huge difference in the preparation of a BSN nurse than that of just an ADN nurse. According to nursing world , Baccalaureate nursing practice incorporates the roles of assessing, critical thinkingRead MoreUsing The Walden University Database766 Words à |à 4 Pageswith the Walden database their sources are more trustworthy. The articles chosen dictate the problem with organizational stress, how to cope with the stress, and how to reduce stress by understanding the new environment todayââ¬â¢s leaders face. Sources Selected for research Giauque, D. R. (2014). Antecedents of job satisfaction, organizational commitment and stress in a public hospital: a P-E Fit Perspective. . Public Organization Review, 14(2), 201-228. doi:10.1007/s11115-012-0215-6. Summary of my FirstRead MoreWhy Scrap Is Costly?1276 Words à |à 6 Pagescost if the material can be recycled, but the overall return is not equal to the cost. Other than the cost to the company for material that cannot be used as a finished saleable product customers are demanding cost savings as part of the contract negotiations. Using quantitative tools to determine the areas of concern and assist to understand where improvements can be made to stop the waste, the proposed research will provide the answers required to assist the company with cost control and help
Thursday, December 12, 2019
Essay on Authority and American Usage, by David Foster Wallace Example For Students
Essay on Authority and American Usage, by David Foster Wallace David Foster Wallace, author of the essay ââ¬Å"Authority and American Usage*,â⬠praises and advocates for ââ¬Å"goodâ⬠writers who have a strong rhetorical ability, which he defines as ââ¬Å"the persuasive use of language to influence the thoughts and actions of an audienceâ⬠(Wallace 628). To have a strong rhetorical ability, an author needs to be aware of whom their audience is, in order to present their information in a way that will be influential on their audience. Wallace recognizes that an author who applies a strong rhetorical ability will be able to connect with the audience so that they respond ââ¬Å"not just to utterance but also to â⬠(Wallace 641). An author needs to take into consideration not just content, syntax and grammatical structure (their ââ¬Å"utteranceâ⬠) but also how their character will be perceived by their audience. A positive tone will make the author seem more pleasant and relatable, whereas a negative tone connotes arroga nce and pretentiousness. That is why it is crucial for an author to recognize that an audience will respond to ââ¬Å"themâ⬠and not just their ââ¬Å"utterance,â⬠as an authorââ¬â¢s appearance to their readers can also shape how impactful their writing is. The impact and effectiveness of using proper rhetoric was a strategy of ââ¬Å"goodâ⬠writing that I was not aware of until my senior year of high school. While taking AP Language and Composition my junior year, my fellow students and I believed that we had survived countless essay workshop activities and writing assignments with emphasis on word choices, grammatical structure, syntax, punctuation and spelling. By the time we had entered AP Literature our senior year, we felt we could achieve success; we already knew how to write in the correct format and structure- we just had to master analyzing literature. It was only natural that I was taken by surprise when I received my first graded essay back. There, glaring up at me in bold, red ink against the crisp white paper was a C- . Comparing my grades to those of my classmates, it was revealed that they too had received these grades. What had we done wrong? Our teacher, Mrs. Hetrick, provided the answer to our question: ââ¬Å"These essays could have easily been generated by a computer program. They tell me nothing about yourselves; why in the world you are telling me all of this? You need to make me care about the message you are conveying, otherwise, your writing is useless.â⬠She then told us that while we were all communicating in the proper format, we had failed to take into consideration whom our audience was. In order to truly persuade and influence our audience, we had to do more than place complicated ideas into a grammatically immaculate sentences; we need to show the audience why they should care about our writing; otherwise, they will just lose interest. I realize now that this experience provided a stable foundation for what I consider to be an example of passionate rhetorical ability, which helps me reflect on what authors Wallace deems as ââ¬Å"goodâ⬠through their rhetorical strategies. Wallace distinguishes the ââ¬Å"Democratic Spiritâ⬠in the writing of Bryan A. Garner, author of A Dictionary of Modern American Usage (ADMAU). Wallace identifies a ââ¬Å"Democratic Sprit,â⬠as one that ââ¬Å"combines rigor and humility, i.e, passionate conviction plus a sedulous respect for the convictions of othersâ⬠(Wallace 625). Wallace implies that since a Democratic Spirit contains ââ¬Å"rigor,â⬠the author will focus on the precision, quality, and accuracy of the writing (Wallace 625). At the same time, an author that possesses ââ¬Å"humilityâ⬠will dispose an impression of conceitedness, presenting the reader with a reflection of their personality (Wallace 625). They must also convince the readers that they are writing with a purpose or it will fail to create a lasting impression, thus the need ââ¬Å"passionate convictionâ⬠(Wallace 625). At the same time, an author needs to recognize that they cannot shove their beliefs onto their readers who may not share their opinions, illustrating a ââ¬Å"sedulous respect for the conviction of othersâ⬠(Wallace 625). Consider The Lobster By David Foster Wallace*INTERPOLIATION: EXAMPLE OF A NON-STANDARD DIALECT THAT THIS AUTHOR ACTUALLY KNOWS ABOUT FIRSTHAND. I happen to be fluent in two English dialects- the Standard American English that I use in regular situations throughout my daily life and People-Who-Justify-Spending-Four-Dollars-on-a-Cup-of-Coffee English that I switch to using while working at Starbucks. Part of my training as a barista was learning an intricate system of abbreviations, terminology, and phrases in order to make sure each drink is made consistently due to the amount of modifications that can be made to each original beverage recipe. This dialect only makes sense to my co-workers and regulars to any Starbucks location. A person ordering a drink for the first time at Starbucks would possibly state it in the following manner: ââ¬Å"Can I please get a medium latte with an extra shot, two of which need to be decaf, vanilla flavoring but only half of the amount that you usually put in, skim milk, no foam and stirred? â⬠Because this person ordered their latte in Standard American English, it took my brain a few sec onds to read it back to the customer as a ââ¬Å"2/3 Decaf Triple Grande 2 Pump Vanilla Nonfat No Foam Stirred Latte. â⬠Whether a person walks into Starbucks and orders a ââ¬Å"Grande Pike Place Roastâ⬠or a ââ¬Å"Medium coffee,â⬠Iââ¬â¢m still going to hand them a cup of black coffee. This is similar to how a person can talk in Standard Written English or a dialect of American English and still be understood efficiently. However, why then is it that Wallace deems it significant to enlist his students in a ââ¬Å"three-week Emergency Remedial Usage and Grammar Unit,â⬠where he proceeds to tear the unsatisfactory syntax and grammatical structure of his studentsââ¬â¢ essays back to the basics of English composition (Wallace 624)? This radical action demonstrated by Wallace is caused by his recognition of what and whom Standard Written English (SWE) represents. Wallace states that: ââ¬Å"Traditional English is conceived and perpetuated by Privileged WASP Males and is thus inherently capitalist, sexist, racist, xenophobic, homophobic, elitist: unfairâ⬠(Wallace 626). By stating that SWE is controlled by ââ¬Å"Privileged WASP Males,â⬠Wallace is indicating that only individuals who could afford or were deemed ââ¬Å"worthyâ⬠enough had access to higher levels of education: race, ethnicity and religion have determined factors in a personââ¬â¢s accessibility to higher education. Privileged WASP Males have therefore become the spitting image of the socio-economic elite, due to the availability of education and their accomplished usage of SWE. Privileged WASP Males are prejudiced towards those who are not like them and utterly ââ¬Å"unfairâ⬠in whom they chose to associate with. These old, xenophobic white men donââ¬â¢t want just anyone off the street joining them for intellectual discussions over Sunday tea . This is why Wallace advocates for students in high school and college to learn SWE; if students are able to present themselves in a more erudite and intellectual manner by using SWE, it can provide them with more opportunities to ascend the ââ¬Å"social ladderâ⬠as they will have a stronger foundation for academic and professional success. Using SWE will not guarantee that a student will become a doctor or a lawyer, however, they will have the opportunity to expand their education and achieve that ranking if they wish. Works Cited Wallace, David Foster Authority and American Usage 2005. Ways of Reading: An Anthology for Writers. Ed. David Bartholomae and Anthony Petrosky. 9th Edition. Boston: Bedford/St. Martins, 2011. 622-47. Print.
Thursday, December 5, 2019
Business Portfolio Management Business Trends
Question: Describe about the Business Portfolio Management for Business Trends. Answer: 1.i) Determinants of expected return of Portfolio: The expected returns from a portfolio tends to be determined by the beta factors contributed by each set of investment. The primary determinants in regards to portfolio returns tends to be degree of active asset allocation, the degree of efficiency, the degree of co efficiency pertaining to factor models, risk positioning both in terms of external and internal (Gharghori, Lee Veeraraghavan, 2009). The active allocation with regards to non cash assets onto cash equivalents at the allocation levels, the degree of holding prime and subprime instruments into the portfolio elucidates high degree of influence upon the stock prices. 1.ii) Distinction between selection and allocation in Portfolio Management: Hu (2016) stated the fact that the major portion of variance arising from portfolio returns tends to be determined by the degree of efficiency derived in the asset allocation decisions. Moreover, Beringer, Jonas Kock, (2013) advocated that the policy decision tends to determine the variance pertaining to asset allocation. However, security selection differs in the aspect that random variation that tends to occur in regards to individual securities results towards higher degree of return variation as compared to that of assets allocation in between cash and cash equivalents such as bonds. Further, Klingebiel Rammer (2014) mentions that the dispersion pertaining to average performance that results from security selection tends to be of greater quantum than that of assets allocation. B1) Comparison between weak form, semi-strong form and strong form of market: The weak form of market hypothesis tends to showcase a level of market efficiency whereby considerable degree of information pertaining to the expected stock price are unable to be forecasted based upon the historical fluctuations in that particular stock value. On the other hand, the semi-strong market suggests that efficiency in terms of predictability and forecasting is not dependant upon the past financial data. This is owing to the assumption that the effect of historical events pertaining to the stock has been reflected in the past stock prices (Jarrow Larsson, 2012). On the other hand strong form of market showcases a circumstance whereby the information asymmetry cannot have any degree of advantage as the market already tends to showcase the influence of past events. Weak form of markets showcases a market situation where the stock prices have been dependant on past data thereby providing scope for financial manipulation through use of insider trading (Yalcin, 2016). Whereas, semi strong markets are those that are prevents additional returns by investors that are using published information pertaining to the stock in order to aggravate the degree of returns. However, on the other hand any form of information whether published or unpublished, does not facilitate any form of gains in a strong market form, thereby the risks pertaining to insider trading and information asymmetry is negligible. B2) a) Capital Asset Pricing Model (CAPM): The CAPM suggests that the expected return pertaining to an asset that falls above risk-free rate is proportional to risks that are non-diversifiable in nature (Jensen Ruback, 1983). The model stands on several inexplicit assumption primary among them being i) absence of transaction costs and corporate taxes followed by unconstrained quantum of risk free rate credit facilities; ii) investors selecting portfolios with satisfactory degree of mean variance with single period horizon: iii) subjective expectations remains constant amongst the investors in terms of mean, variances and covariance regarding returns. Moreover, the quantum of non diversifiable risks are The subsequent research post the development of CAPM model suggests that the model fails towards explaining the size effect, book to market effect, leverage and illiquidity effects (Da, Guo Jagannathan, 2012). Moreover, the anomalies arising from such effects are not explainable using the CAPM owing to its inherent nature. Fu rther, CAPM fails substantially towards elucidating observed risk premium owing to the fact that empirical covariance tends to be ascertained using data from incomplete asset markets (Barberis, Greenwood, Jin Shleifer, 2015) . b) Arbitrage Price Theory: This price theory postulates that the expected returns are related to loading of macro-economic factors or market betas in circumstances where there are no arbitrage opportunities facilitated by equilibrium prices. The theory is developed on the premise of markets that tends to be frictionless and are primarily perfectly competitive (Franks Mayer, 1996). The theory advocates that the relationship in the context of linear pricing is a primary condition to achieve equilibrium in markets where utility maximization persists amongst agents (Gharghori, Lee Veeraraghavan, 2009). The theory intended towards mitigating the shortcomings pertaining to CAPM, particularly through improving the computational framework for estimation of expected quantum of returns empirically. However, Dempsey (2013) states that in terms of computations pertaining to expected returns, data that are in fact historical in nature tends to create risks from adverse forecasting. B3.a Patterns/ effects on the equity returns: According to Gharghori, Lee Veeraraghavan (2009), the effects of the stock market have been investigated by taking into account the size effect, book-to-market effect, earnings-to-price effect, leverage effect, liquidity effect and cash flow-to-price effect. In addition, the ability of the Fama-French model has been critically evaluated to demonstrate the observed influences. As per the view of the researchers, the anomalies do not depict the evidence of the market efficiency; however, it could suggest the misspecification of the asset pricing model. The proponents of the Fama-French model have argued that CAPM model does not possess all the specifications, which could be overcome with the help of the two additional factors of the Fama-French model. The researchers have evaluated this research has first happened on the US equity market, in which it has proved to be effective in contrast to the CAPM approach. The effects of the Fama-French factor are, however, different in the case of the Australian equity market. According to the R2 square value, as found in the regression analysis, the amount of mispricing is significant, since the value varies from 50% - 60%. The reason for such effect is that the Australian market is relatively smaller with smaller stocks. In addition, the researcher has taken a large sample size, which makes it infeasible for the Fama-French factor to test large number of the Australian portfolios. In this research, the researchers have selected smaller number of portfolios, in which the documentation of the size, B/M and E/P effect has been evaluated. The Australian firms have reported declining earnings cash inflows. However, the Fama-French model does not describe all effects due to consistent mispricing. Thus, it is not feasible in Australia. 3.b Effects observed in the Australian market: The researchers have collected data related to price for the period 1992-2005 and data related to accounting for 1992-2004. The price data is comprised of the stock returns, market capitalisation, return on index and outstanding shares. The accounting data is composed of the intangibles and liabilities, operating cash inflows and net income. The smaller firms are chosen in the portfolio, as the previous researches have failed to examine the effects of the model due to inclusion of large Australia firms. Gharghori, Lee Veeraraghavan (2009) have observed that the Australian firms having high fundamentals of accounting in relation to price are highly valued. On the contrary, the Australian organisations having low fundamentals of accounting in relation to price do not possess much value. In addition, the researchers have also stated that in case of positive cash inflows, the big C/P and E/P stocks need to outperform the small E/P and C/P stocks. This implies that returns are higher in contrast to growth. This research has been highly valuable, as the impact of both C//P and E/P has been depicted for the firms reporting negative earnings and cash inflows. However, the effects of liquidity or leverage could not be adjudged with the help of the Fama-French model. In addition the Fama-French model used on small number of portfolios with the help of regression analysis. The tests related to asset impairment depict that the Fama-French model does not possess the ability to describe the returns on the selected portfolios. Thus, this model could not be deemed as the most effective measure in analysing the effects of equity returns on the Australian firms. According to Brailsford, Gaunt O'Brien (2012), there are several factors, which need to be considered to describe the variations in equity returns despite systematic risks. This research has taken into account 98% of the ASX listed Australian organisations for a period of 25 years. The time-series framework and cross-sectional framework have been used in the article to evaluate the data in an effective manner. The data selected for this research include accounting information required for book value computation and the information associated with prices, dividends, market capitalisation and changes in capitalisation. The first data source is not available from the Australian firms. The other data are accumulated from the annual reports of the firms for the years 1982 2006. After the evaluation of data, the researchers have concluded that the impact of book-to-market is significant or the Australian organisations. In addition, the difference in returns is insignificant for larger po rtfolios. Lastly, it has been found that all pricing factors are significant and the exposures are positive for premiums. In the words of Chiah, Chai Zhong (2015), the Five-Factor Fama-French model considers the entire market and the influential dynamics associated with the firm size, profitability, book-to-market and investments. This model has the potential to outperform the three-factor Fama-French model to dissect the influence of the equity returns on the Australian organisations. In this research, relatively larger sample size is chosen from the Australian equity market for the year 1982 2013. The prior research has been conducted for a period of 12 years. The motive of the researchers is to examine the performance of the Australian equities in terms of pricing with the help of the five-factor model. The regression analysis and Anova testing have been made to analyse the influence of the market and pricing anomalies on the selected equities. In addition, it has also been found that the book-to-market factor remains with the explanatory power based on the profitability and investment factors. As per the view of Shi et al., (2013), the technology-based asset pricing model has higher relevance in contrast to the Fama-French three-factor model. The purpose of this research is to investigate an association between the above-mentioned mode and stock returns in the Australian market. The methods of checks related to robustness and two-step GMM and Cochranes regression have been used in the study to evaluate the data accumulated from 25 portfolios. It has been found that the factor associated with technology helps in asset related to price by enhancing the description of the cross-sectional deviation of share returns. This is because this model takes into account the systematic risk arising out of technology with diversifying sensitivity to explain the stock returns. The researchers have inferred that the technology model has significant influence on the Australian equities. C.1.a Motives behind mergers and takeovers: Ahern (2011) suggests that substantial quantum of mergers and takeover, over a quarter of all mergers, tends to provide greater financial gains as compared to their targets. Thereby, the acquirers are induced by the coupling of improvement of returns in longer term with the immediate gains post mergers. Li (2013) advocated that takeovers tends to reduce the quantum of capital expenditure, employment incentives along with the labor rates and while keeping the output levels at par with that of pre-acquisition period. Further, the authors also suggested that the offer premium pertaining to acquisition is reflective of the size of the target and not upon the productivity. Thereby in an takeover, the acquirer tends to focus largely upon retaining the same degree of productivity at lower costs leading to an overall improvement in revenue generating ability. Morellec Zhdanov (2005) states the fact that the mergers are primarily undertaken in order to facilitate financial synergies resultin g towards a streamlined sets of knowledge transfers along with the synthesizing different levels of operations in order to improve the productivity. Yalcin (2016) mentions the fact that the mergers and takeover are intended in instances where the acquirer entity faces shortcomings in terms of fulfilling the degree of operational efficiency that can achieved through present degree of managerial skills that the acquirer company possesses. Moreover, another motive pertaining to mergers and takeovers comes from the premise of asymmetric information pertaining to the valuation of target company. For instance, the actual value of the company in terms of potentiality may have been better gauged by the acquirer company than by the rest of the market. C 1.b: Whether Takeovers Increase Target Value or the Bidder Firm Along with Combining Market Value Abstract The essay will consider the journals namely The market for corporate control and Director Networks and Takeovers and evaluate whether takeovers of the companies enhance target value or the bidder organization as well as combining the market value. The evaluation of the journal revealed the fact that effectively connected organizations are highly active bidders. This is for the reason when a bidder along with a target has more than one director in common, the takeover transactions profitability will be effectively completed arguments and the negotiation period is shorter. It was clarified from the journal that companies with more than one common directors have increased merging probability and the companies with increased centrality measures appears to be highly active acquirers. Introduction A corporate takeover can be deemed to have a significant impact on an organizations growth prospects and prolonged outlook (Wang, 2015). When a buyer takes over any target organization, it might use shares of the companys stocks to finance the deal along with employing debt or cash. The gains generated by the business takeovers do not seem to generate from the market power development. Along with exceptions of actions, those do not consider potential bidders; it is complex to reveal managerial actions linked with business control that has adverse impact on shareholders. The objective of the essay is to consider the journals namely The market for corporate control and Director Networks and Takeovers and evaluate whether takeovers of the companies enhance target value or the bidder organization as well as combining the market value. The Market for Corporate Control Evaluation of journal The Market for Corporate Control revealed that several controversial concerns related with the corporate control market has not been settled and several issues were needed to be considered in the study. It is evident from the journal that it is not likely that any transactions set have been studied in details that seems to depict business takeovers produce positive gains that the shareholders of the target organization benefit and that the shareholders of the bidding organizations does not loose (Jensen Ruback, 1983). The values generated from the business takeovers do not seem too appear firm the market power generation. Additionally, it is complex to discover managerial conducts linked with business control that adversely affect stockholders. The journal also made it clear that the exceptions appear to be such actions that decrease a real or potential bidder, for instance, by the implementation of targeted huge block repurchases or agreements those retain sta ndstill (Auerbach, 2013). The evidence gathered from the journal indicated that targets of the successful tender decisions and mergers gather considerably positive abnormal gains on offer announcements and by the failure realization (Palia, 2016). Moreover, such targets of unsuccessful tender decisions those do not gain further offers within next two years lose all the gains from prior announcements and such targets that do not gain fresh offers obtain further higher returns. At last, targets related with the successful mergers seem to lose all the sensitive gains earned within the period of offer announcement at the time the offer failure becomes known. Moreover, the journal revealed that the gains generated by the business takeovers do not come from the generation of power of market (Macias Pirinsky, 2015). It was also revealed that it is complex to reveal managerial actions linked to business control that impact stockholders, the exceptions are the actions those decreases a potential or real bidder. The journal clarified that the imposition of regulations on security that governs takeovers seems to decrease the takeovers profitability. The impact of such changes in tender provides regulations on the irregular returns to the bidding as well as target companies. It was gathered that through increasing the cost of transaction and imposing takeover restrictions, such regulations might simply truncate the takeover distribution that might actually take place. Such truncation is not that profitable takeovers that might decrease returns to companys shareholders that does not turn out to be targets and have less impact on returns to those that turn out to be targets. However, this might enhance the measured average abnormal gains for targets of finished takeovers. Director Networks and Takeovers From the analysis of the journal Director Networks and Takeovers it is gathered that the journal focused on analyzing the associations of the bidder and target companies impact on several aspects of mergers and acquisitions within UK (Renneboog Zhao, 2014). Within the network context, the journal revealed that the takeover frequency, process of merger and acquisition that includes the negotiation and success in contrast to failure at the negotiation process end, payment means including all-cash and all-equity along with mixed offers and the retention or directors attraction towards the target company on board of merged organization. Moreover, whether there is any difference in aspect of abnormal returns before the announcement of connected as well as non-connected MA (Goergen Renneboog, 2014). The evaluation of the journal revealed the fact that effectively connected organizations are highly active bidders. This is for the reason when a bidder along with a target has more than one director in common, the takeover transactions profitability will be effectively completed arguments and the negotiation period is shorter. Moreover, targets those are connected in a frequent way accept offers that include equity (Berezinets, et al., 2016). The target companys directors have increased occasion to be invited in the board of merged company within connected merger and acquisition. At the time connections have a huge impact on takeover process and strategy, the journal did not offer much evidence regarding whether market acknowledges connections among targets and bidders as the return announcements does not remain statistically distinct from these targets and bidders. It was clarified from the journal that companies with more than one common directors have increased merging probability and the companies with increased centrality measures appears to be highly active acquirers (Wang, 2015). Moreover, negations taking place between connected organizations are shorter and are completed successfully and bidders those connected frequently make offers in equity. Conclusion The objective of the essay was to consider the journals namely The market for corporate control and Director Networks and Takeovers and evaluate whether takeovers of the companies enhance target value or the bidder organization as well as combining the market value. From the discussion provided in the essay, it was gathered that the gains generated by the business takeovers does not seem to generate from the market power development. Moreover, along with exceptions of actions, those do not consider potential bidders; it is complex to reveal managerial actions linked with business control that has adverse impact on shareholders. References and Bibliography: Ahern, K. R. (2012). Bargaining power and industry dependence in mergers.Journal of Financial Economics,103(3), 530-550. Auerbach, A.J. ed., 2013.Corporate takeovers: Causes and consequences. University of Chicago Press. Barberis, N., Greenwood, R., Jin, L., Shleifer, A. (2015). X-CAPM: An extrapolative capital asset pricing model.Journal of Financial Economics,115(1), 1-24. Berezinets, I., Garanina, T., Ilina, Y. (2016). Intellectual capital of a board of directors and its elements: introduction to the concepts.Journal of Intellectual Capital,17(4). Beringer, C., Jonas, D., Kock, A. (2013). Behavior of internal stakeholders in project portfolio management and its impact on success.International Journal of Project Management,31(6), 830-846. Brailsford, T., Gaunt, C., O'Brien, M. A. (2012). Size and book-to-market factors in Australia.Australian Journal of Management, 0312896211423555. Chiah, M., Chai, D., Zhong, A. (2015). A better model? An empirical investigation of the Fama-French five-factor model in Australia. In2015 Financial Markets Corporate Governance Conference. Da, Z., Guo, R. J., Jagannathan, R. (2012). CAPM for estimating the cost of equity capital: Interpreting the empirical evidence.Journal of Financial Economics,103(1), 204-220. Dempsey, M. (2013). The capital asset pricing model (CAPM): the history of a failed revolutionary idea in finance?.Abacus,49(S1), 7-23. Deng, X., Kang, J. K., Low, B. S. (2013). Corporate social responsibility and stakeholder value maximization: Evidence from mergers.Journal of Financial Economics,110(1), 87-109. Franks, J., Mayer, C. (1996). Hostile takeovers and the correction of managerial failure.Journal of Financial Economics,40(1), 163-181. Geambasu, C., Jianu, I., Herteliu, C., Geambasu, L. (2014). Macroeconomic Influence on Shares Return. Study case: Arbitrage Pricing Theory (APT) Applied on Bucharest Stock Exchange.Economic Computation and Economic Cybernetics Studies and Research,48(2), 133-150. Gharghori, P., Lee, R. Veeraraghavan, M. (2009). Anomalies and stock returns: Australian evidence.Accounting Finance,49(3), pp.555-576. Gharghori, P., Lee, R., Veeraraghavan, M. (2009). Anomalies and stock returns: Australian evidence.Accounting Finance,49(3), 555-576. Goergen, M., Renneboog, L. (2014). Inside the board room.Journal of Corporate Finance,28, 1-5. Hu, W. (2016). Calibration of multivariate generalized hyperbolic distributions using the EM algorithm, with applications in risk management, portfolio optimization and portfolio credit risk. Jarrow, R. A., Larsson, M. (2012). The meaning of market efficiency.Mathematical Finance,22(1), 1-30. Jensen Ruback (1983). The Market for Corporate Control. Journal of Financial Economics, 11, 5-50. Jensen, M. C., Ruback, R. S. (1983). The market for corporate control: The scientific evidence.Journal of Financial economics,11(1), 5-50. Klingebiel, R., Rammer, C. (2014). Resource allocation strategy for innovation portfolio management.Strategic Management Journal,35(2), 246-268. Li, X. (2013). Productivity, restructuring, and the gains from takeovers.Journal of Financial Economics,109(1), 250-271. Macias, A., Pirinsky, C. (2015). Employees and the market for corporate control.Journal of Corporate Finance,31, 33-53. Morellec, E., Zhdanov, A. (2005). The dynamics of mergers and acquisitions.Journal of Financial Economics,77(3), 649-672. Palia, D. (2016). The market for corporate control: survey of the empirical evidence, estimation issues, and potential areas for future research. Research Handbook on Mergers and Acquisitions, 66. Renneboog, L. Zhao, Y. (2014). Director Networks and Takeovers. Journal of Corporate Finance, 28(6), 218-234. Schmidt, B. (2015). Costs and benefits of friendly boards during mergers and acquisitions.Journal of Financial Economics,117(2), 424-447. Shi, J., Darrat, A. F., Li, B., Chung, R. Y. M. (2013). Technology Prospect and the Cross-Section of Stock Returns: Evidence from the Australian Market. Corporate Ownership and Control, 11(1), 295-303. Wang, Z. (2015). The Role of the Director Social Networks in Spreading Misconduct: The Case of Reverse Mergers.Available at SSRN 2656000. Yalcin, K. C. (2016). Market rationality: Efficient market hypothesis versus market anomalies.European Journal of Economic and Political Studies,3(2), 23-38.
Thursday, November 28, 2019
An Unquiet Mind free essay sample
Kay Redfield Jamison, born in 1956, starts the book vividly describing her standing outside in the playground, just outside of Washington, looking up at the skies, just as many of the other children would do because, like them, she was a daughter of a man who was in the Air Force. As an elementary school student, Kay recalls a plane flying low to the ground crashing nearby, and the pilot being remembered as a hero for not abandoning the jet and causing the lives of the children in the playground. Kay lived with her father, an enthusiastic meteorologist and Colonel of the Air Force, her mother, a kind, gentle, and caring woman, her brother whom she got along with very well despite their three year age difference, and her younger sister who was rebellious and the ââ¬Å"black sheepâ⬠of their family. Kay grew up in many different locations because her father was stationed in those locations as an Air Force officer. We will write a custom essay sample on An Unquiet Mind or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Since she could remember, Kay had a great appreciation for music, poetry, animals, medicine, science, and the skies ââ¬â most of which was introduced by her father. Kay spent her adolescent years pursuing her passion for medicine and science, and along with her enthusiastic friends, family, and acquaintances she had acquired, she kept herself busy and interested by visiting St. Elizabethââ¬â¢s psychiatric hospital in D. C. , volunteering for surgical procedures at the hospital in Andrews Air Force Base, and also volunteering at the Los Angeles Zoo to study animal behavior. In 1961, when Kay was fifteen-years-old, her father resigned from the military and took a job as a scientist in California. Kay and her family moved to southern California. This sudden shift in friends and lifestyle, leaving behind a boyfriend, leaving behind a childhood of sports and activities, and diving into a society where everything she had learned from a military-like lifestyle did not provide her useful information in living in the west coast now. Her life fell apart. Having to start fresh in a foreign world was tough and required years of getting used to, but Kay overcame many obstacles and thrived in school and created new friendships. Among these friendships, Kay had a unique, yet intimate, friendship with two attractive athletes; one boy had manic-depressive illness in his immediate family, and the other boyââ¬â¢s mother had shot herself in the heart with a shotgun. She acquired a boyfriend, who was older than her, a student at UCLA, and used him as a means of escape from her pressures and overcoming new barriers in life. In her senior year at Pacific Palisades high school, Kay experienced her full-blown manic episode. Kay portrays her encounter as racing like a crazed weasel, fizzing with plans and enthusiasms, playing sports, staying up many nights with friends or reading, filling manuscript books with poems and plays, talking excessively, and making unrealistic plans for the future (ââ¬Å"An Unquiet Mindâ⬠, p. 36). Kay recalls feeling great about herself, but she finally slowed down. The author explains how she felt terrible, wanted to die, couldnââ¬â¢t clear her mind of horrid images and thoughts, wasnââ¬â¢t able to concentrate on anything, and didnââ¬â¢t want to engage in any sports. (ââ¬Å"An Unquiet Mindâ⬠, p. 37-39). After high school, Kay began attending UCLA as an undergraduate, while she lived through high moods and depression. The personality laboratory in which she spent hours researching interested her very much. After two years at UCLA, she went to St. Andrews in Scotland and studied zoology, pursuing her love for animals since a very young age. After one year of escape from despair in Scotland, Kay moved back and continued her studies at UCLA. She now researches moods with a professor who, like her, had changing moods; they spent hours talking to each other about one anotherââ¬â¢s moods. After graduating, Kay started her PhD program in psychology at UCLA in 1971. Kay kept herself busy with clinical research, a French artist and husband, internship at UCLA, dissertation in heroin addiction and moods, and becoming an assistant professor at UCLA Department of Psychiatry. Kay illustrates, on page 67-68, how horrible her depressive episodes were immediately following her manic endeavors. She explains how psychotic her manic stages were, but then replaced with worse depressive states. Dr. Jamison now, lived through a failed marriage because of her manic buying sprees. During two of her intense manic episodes, Kay spent more than thirty-thousand dollars on books, music albums, a horse, and other needless things. After mania, when her depression caught up to her because of her illness, Kay felt ashamed, embarrassed, confused, and terrible for what she had done when she wasnââ¬â¢t depressed (ââ¬Å"An Unquiet Mindâ⬠, p. 73-76). Her brother, now an economics professor at Harvard, helped her through her finances, and supported and loved her in every other way. A colleague of hers prescribed lithium to help Kay battle her intense manic episodes. Without the lithium, Kay encountered psychotic manic episodes (ââ¬Å"An Unquiet Mindâ⬠, p. 81), but along with psychotherapy sessions, the lithium kept her life more balanced. After taking lithium, despite the negative side effects of loss of coordination, lack of concentration, and vomiting, Kayââ¬â¢s psychosis cleared (ââ¬Å"An Unquiet Mindâ⬠, p. 90-93). Throughout the next few years of her life, Kay took the lithium when she needed it, but stopped taking it when she felt her mood a bit more stabilized. This brought more frequent and more severe manic and depressive episodes (ââ¬Å"An Unquiet Mindâ⬠, p. 100-103). When she was severely depressed, Kay attempted suicide by lithium overdose, but the attempt failed because treatment and help was sought immediately by her brother and psychiatrist. After being cared for by her colleague, her physician, and her mother, Kay opened up a medical clinic for treating and diagnosing mood disorders at UCLA with the help of two physicians (ââ¬Å"An Unquiet Mindâ⬠, p. 125-127). Kay produced music concerts and television shows respecting composers and artists who had suffered from mood disorders, specifically manic-depressive illness (ââ¬Å"An Unquiet Mindâ⬠, p. 129). Kay met David, a psychiatrist from London, and by spending time with him in California and in London, slowly, her depressed moods elevated and felt more stable than she had felt in a really long time (ââ¬Å"An Unquiet Mindâ⬠, p. 139-146). After Davidââ¬â¢s sudden heart attack and death in Japan, Kay felt extremely sad, but did not fall into depression. Four years after Davidââ¬â¢s death, she met an Englishman and started taking lower doses of lithium. This had a positive effect on her: she noticed sounds more loudly, saw paintings more vividly, and was able to concentrate and coordinate her movements and speech exceptionally better (ââ¬Å"An Unquiet Mindâ⬠, p. 161). After receiving tenure at UCLA, Kay worked in the medical clinic at UCLA, lectured medical residents, treated patients, and most impressive of all, became a professor at John Hopkins School of Medicine. She currently teaches at John Hopkins as a Professor of Psychiatry. For Axis I of the DSM-IV, Kay Redfield Jamison suffers from bipolar disorder type I, or what she likes to define as manic-depressive illness. In bipolar disorder I, mania is necessary and major depressive disorder is most likely, which is the case for the author. For diagnosis of mania, three or more symptoms should be present, and the author suffers all the symptoms. These include: increased distractibility when she would have to read passages over and over, but still would not comprehend the material; excessive involvement n pleasurable activities such as sex and her irrational, yet expensive buying sprees; inflated self-esteem or grandiosity when she would feel like she was able to juggle everything in her life; flight of ideas when she was able to complete a research paper in one day because her thoughts were racing; an increase in goal-directed activity, like the times. When the author would take on many difficult tasks such as directing the medical clinic at UCLA, teach and lecture resident students, treat and diagnose patients, read many books and poems, and write books and journal articles; a decrease in the need for sleep because in manic moods, Kay rarely slept, and spent endless nights reading and writing; and, more talkative than usual, for instance as an adolescent in high school when her peers would tell her to slow down, and also at the Chancellorââ¬â¢s garden party where she was dressed provocatively and engaged in multiple, long conversations with colleagues. During her depressive states, Kay experienced many symptoms that are likely in MDD: a severely depressed mood throughout her lifetime; loss of pleasure in usual activities such as not playing sports, reading, or listening to music at various points in her life; insomnia; diminished concentration and trouble making decisions when she wasnââ¬â¢t able to read a passage and comprehend it; she did not really experience any specific gain or loss in weight during depressive times; psychomotor agitation when she fell off her horse and at times couldnââ¬â¢t walk straight and sometimes even walked into walls; and recurrent suicidal ideation, and she even attempted suicide by overdosing on lithium. Kay also experienced atypical features (interpersonal sensitivity), melancholic features (anhedonia), catatonic features (disturbed speech), and psychotic features (periods of psychosis, such as grandiosity during mania) of her bipolar disorder. Kay did not have any personality disorders and no diagnosis for Axis II of the DSM-IV. Kay did not possess any medical conditions throughout her life; thus, there is no diagnosis on Axis III of the DSM-IV. For Axis IV of the DSM, Kay did experience some psychosocial stressors during her life. Kay lived through the death of Richard Laurie, a lover whom she was very fond of and cared for very much, and the love and care for her was returned by him. Leaving Washington and moving to strange lands to start a fresh life left behind love and support from many people whom she trusted and loved. The geographic shift may play a role in her bipolar disorder, but the main stressor may come from leaving behind friends and relationships. College after college, studying as an undergraduate, a doctoral student, and a medical director may have put strain on the author. Although Kay was employed at a clothing store during her undergraduate years to help pay for school, her financial burden caused by unemployment may also be considered a psychosocial stressor. Kayââ¬â¢s marriage to Richard, along with her divorce may have also posed as a stressor for her manic-depressive illness. On the final axis, Axis V of the DSM-IV, Kay had periods of high and low functioning, thus calling for two GAF scores. A score of 20 on the GAF is accurate as the lowest functioning ever because she had dangers of hurting herself, and even attempted suicide. She was frequently violent, and had manic excitement. A score of 70 on the GAF is accurate as the highest possible level of functioning because there were times when she had mild depressive moods, had meaningful interpersonal relationships, and slight difficulty in social, occupational, and school functioning. A biological perspective on bipolar disorder, more specifically genetic theory, states that disordered genes predispose people to depression or bipolar disorder. On page 189 of the book, Kay mentions that her great-uncle spent most of his adult life in an asylum. Along with that, Kayââ¬â¢s father and two generations of relatives on her fatherââ¬â¢s side expressed manic-depressive illness. Earlier in the book, Kay portrays her father as being enthusiastic, intelligent, caring, and talkative, but later on he became depressed all the time, and resorted to drinking. Another perspective on the disorder that we have learned about in class is psychodynamic. The psychodynamic theories state that depressed people are unconsciously punishing themselves because they feel abandoned by another person, but cannot punish that person. The psychodynamic theory, in my evaluation, is not accurate with the disorder that Kay possesses. There was not really anyone in specific that she felt abandoned by, except for Richard, but she did not feel guilt or necessary to punish herself. I believe the book written by Kay Redfield Jamison provides a very accurate depiction of her disorder. At first, she seemed to mind people knowing about her condition because she felt embarrassed or ashamed, but in writing this book and confiding in many of her colleagues about her manic-depressive illness, she is able to let out all her emotions and experiences with the disorder. I had some knowledge about bipolar disorder, but after reading this autobiography I feel like I have first-hand experience to someone suffering from this disorder. I have a lot more knowledge and insight about the symptoms, manias, depressions, and overall moods of someone with manic-depressive illness. Someone who has just been diagnosed with bipolar disorder would probably find this book very informative because it provides such detailed accounts of moods and experiences of someone with the disorder. If a friend of mine was diagnosed with this disorder, I would definitely recommend him/her to read this book because there is a lot that can be learned from the author and her struggles with the disorder. The main reason I would want my friend to read this book is not only because it would give him/her ideas of what to expect with being manic-depressive, but Kay discusses over and over the importance of medications. I would want my friend to have knowledge about, specifically, the importance of regularly taking lithium. Since this disorder is fatal to thousands of people, I wouldnââ¬â¢t want my friend to continue in a devastating path, and despite of lithiumââ¬â¢s side effects that Kay vividly portrays, lithium and psychotherapy together can save lives, as is true with Kay Redfield Jamison.
Sunday, November 24, 2019
Compass and The Torch Essay Example
Compass and The Torch Essay Example Compass and The Torch Essay Compass and The Torch Essay When growing up children fight to be accepted and to be heard by their parents. In society most parents are constantly on the run and they do not take the time to enjoy spending time with their loved ones. These children try to get attention from their parents, but if their parents do not hear them, then they will feel like they have failed, but because they love their parents they accept it, and do not question their parents behavior. At the same time parents might also try to reach their children, but they get lost and therefore he relationship between the child and the parent can be damaged, because neither Of the parts feel like they get heard. Accepting and the fear Of losing are two of the main themes in the short story Compass and Torch, where a father takes his son with him on a camping trip, where the son tries to talk to his father, but his father does not pay attention and his father tries to forget his anxiety to lose his son. Compass and Torch was written by Elizabeth Beanies, an English writer and was published in 2003. The short story starts in medias rest and the story is built up chronological tit a few flashbacks between the camping trip and at his mothers house. The story is set at two different locations, one location at the boys mother and her boyfriends house and the second location on the camping trip up in the mountains. The short story is told by a third person narrator and is attached to the boy, therefore the story is told from his point of view. The boy adores his father. His father on the other hand, does not seem to be very interested and he does not show any interest when his son shows him his torch or talks to him. Before going on the camping trip with his father, the boy hears his mother talks badly about the father, and the relationship between the boy and his father can be damaged since the boy lives at his mother who does not speak nice about the father. The father is so afraid of losing his son that he forgets to pay attention when his son speaks to him. The boy and his father are both very desperate to spend time together and to be loved by one another, but none of them wants to do something about it. The boy accepts the fact that his father does not pay attention to him, and the ether is not aware of his sons desperation. The boy is eightieth old. He is a flat-round person, since we do not hear much about his looks but what is on his mind instead. He is also a static character, because he does not grow as a person he sticks to whom he was when the story began. He lives with his mother and her boyfriend Jim. His mother does not trust her ex-husband, and she feels the need for telling her husband that they cannot go camping near the edge. Even though Jim is very nice to him, he is still not his own father, and therefore does the boy treat him tit caution. The boy is afraid of opening up for other people since the boy adores his father and he watches his every move. But on the other hand he calls him the man, so it is almost like he forgot his father. When he tries to show his father his torch, his father looks away and the boy does not get upset: Ifs K, the boy decides, that his dad hasnt looked at the torch, hasnt studied it like Jim. (Page 8, line 49-50), and when his father almost cancel their camping trip, he is full of fear even though he had a brief moment where he did not want to go. He seems to be very sensitive but at the same time he tries to avoid confrontation with both of his parents: his father, when he does not listen to him or pay him half attention and when he overhears a conversation between the mother and Jim talking bad about his father. The torch symbolizes the connection between the boy and his father. Its better to have it for a proper purpose, to put it away, to carry it carelessly but with meaning, as a warrior might carry his sword. A torch is for lighting when the time comes, for lighting up the expedition of father and son. (Page 8, line 50-53). It is what keeps them from fading apart, but it can also symbolizes the fathers anxiety to lose his son; The man gently takes away the torch (Page 11, line 166). The son who is so eager to speak and to be acknowledged by his father, and the father who is very afraid of losing his only son one year on from the separation, and therefore he only listen to half of the things that his son says. They are camping up a mountain and the mountain, which symbolizes the foundation of their relationship, and it is as firm as a rock. The main theme in the short story is the fear of not getting acknowledged is en of the struggles that the little boy fights with. The father on the other hand struggles with the fear of losing his son, and he becomes so desperate that he forgets his son and loses him: For years to come, though, in his dreams the boy will see their wild fringed eyes and feel the deep thudding of their hooves. (Page 11, line 169-170). The story shows how important it is to live in the present and communication is one of the most important tools to make a family work. If communication works in the family it is more likely to believe that acknowledging and accepting one another is easier.
Thursday, November 21, 2019
Reconstruction Writing Assignment Example | Topics and Well Written Essays - 750 words
Reconstruction Writing - Assignment Example Andrew Johnson who was the vice president became the president of the United States after the assassination of the president Abraham Lincoln. Johnson was a non slave holding individual and he remained loyal to the north and carried a distinct grudge towards the wealthy Southern Planter Class (Zuczek et al, 10). President Johnson was a white supremacist who clashed with the republicans over the reconstruction the liberation and union of the slaves African American. However, Johnson was determined to carry out the reconstruction policies of Lincolnââ¬â¢s (American Experience). Nevertheless, his policies were different from Lincolnââ¬â¢s and the congressmenââ¬â¢s. Johnson favored reconstruction policy, opposed African American equality and supported states rights unlike the leader of the congress in the radical republican who employed harsh punishment of the southern state but also worked towards the African American getting an equal treatment. In contrast to the passive approa ch of President Johnson, the radical republicans had a much tougher approach towards the African American. The republican were idealistic who were mostly driven by an almost religious fervor. The republican congress did not accept the commonly assumed notion that African Americans were inferior and therefore, they insisted on full social, civil and political rights for the former slaves. Furthermore, they were true reformers with very different ideas about reconstruction as compared to President Johnson. In the summer of 1965, the confederatesââ¬â¢ state that had remained met Johnsonââ¬â¢s reconstruction ideas that none of the constitutions allowed voting rights to African American. Congress refused to seat the representatives of the south to congress and the radicals in the congress were voting for reconstruction to punish the south harshly unlike the plan of Johnson ( Egerton, et al, 359). Also the presidential reconstruction of the southern government limited the African Am erican rights by passing a black code and prohibiting blacks from testifying in court, borrowing money to buy land or renting land. These black codes combined with the reconstruction plan of Johnson widen the wage between the Republicans in congress and Johnson. This was because unlike the reconstruction plan of Johnson the republicanââ¬â¢s reconstruction campaigned for equal rights to the African American. The plan that was better according to me is the reconstruction plan of the republican in congress. This is because of many things in their plan. First of all, by waving the bloody shirt of 1866 congressional elections of republican campaign on hatred towards the southerners over the civil war hardships gained the republicans more than 2/3 majority seats in both houses of congress hence getting the power needed to override a presidential vote. Also the republican in congress reconstruction were more harsh on the southern states and more supportive and protective of African Amer ican rights. Secondly, the republican had two types of Republicans which made it better than the presidential reconstruction ( Egerton, et al, 360). The first was the Moderates which were mainly concerned with the economic gains for the white middle class and the north while the second type the Radicals also know as progressive championed for equal righ
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