Ben Bernanke - Federal Reserve Chairman Assignment

Ben Bernanke - Federal Reserve Chairman - Assignment Example Ben found himself being an American since his paternal grandfather immigrated to Ellis Island on January 23, 1891. They shifted from New York to Dillon in the 1940s (Snowdown, 2002). This paper will seek to discuss Ben Bernanke’s history, education, background, and policy at the Federal Reserve. When Ben was a young adult or teenager, he worked construction and as a waiter at a nearby restaurant within the surroundings of his hometown of Dillon prior joining college. In order to afford upkeep for himself while he was at school, he worked during summers along the South of the Border. Ben was a religious person who used to assist with rolling the Torah scrolls in Dillon’s local synagogue. Despite the fact that Ben keeps his religious beliefs private, a close friend Mark asserted that, Ben embedded in who he is. This factor had his family concerned as they worried about him losing his Jewish identity (Snowdown, 2002). Education Ben Bernanke received his elementary educatio n at East Elementary, joined Martin Junior High, and then Dillon High School. Additionally, he played saxophone in the school’s marching band. Following the fact that Dillon High School did not offer calculus at that time, Ben resolved to teach it to himself. Surprisingly, he happened to achieve a SAT score reading 1590 over 1600. Given his tremendous performance, he joined Harvard University where he resided under the same roof with Lloyd Blankfein who would become the Chief Executive officer of Golden Sachs in the future. Bernanke graduated with a Bachelor of Arts in economics in 1975. From there, he went to study at the Massachusetts Institute of Technology where graduated in 1979 and received a doctorate philosophical degree in economics. This took place upon completing and defending his so-called dissertation long-term commitments, the business cycle, and dynamic optimization (Singleton, 2010). Bernanke had a thesis advisor named Stanley Fischer who would later become th e governor of the Bank of Israel in the future. Still on education, Ben Bernanke also taught at the Stanford Graduate School of Business beginning 1979 to 1985. Besides visiting the University of New York partly as a professor, he also went ahead to assume a part time professorate at the Princeton University in the Economics Department. Matters of education or academics revolved around his life as he chaired the Princeton University Department of Economics from 1996 to September 2002. However, his long-term related life around schools ceased when he left for a public service leave where he resigned his outstanding position at Princeton University on the first day of July in 2005 (Singleton, 2010). Background Ben Bernanke used to serve among members of the Board of Governors of the Federal Reserve System as from 2002 until 2005. Ensuring his essence within the board, he delivered his first speech entitled Deflation that outlined what contemporary econometrics today refers to as the B ernanke Doctrine. As a Reserve System Reserve board member, he stipulated, on 20 February 2004, that the world is experiencing new era that he termed as the Great Moderation. He expounded that this is a situation where modern macroeconomic policies are decreasing the business cycle’s volatility to a particular point that it should no longer be a central concern in economics (Singleton, 2010).

Animals Should Not Be Used for Medical Testing Essay Example for Free

Animals Should Not Be Used for Medical Testing Essay Tina Date: 11/29/2011 Animals should not Be Used for Medical Testing Nowadays, animals are used for medical testing which is hurtful and not necessary. Tens of millions of animals are used each year in federally and privately funded experiments. Do animals feel the same pain that human feel? How do we know that other humans feel pain? We all know that we ourselves can feel pain. We know this from the direct experience of stubbing toe on a chair, or having finger slammed in a drawer. So animals are as same as human. They have feelings about hurt, happiness, and pain either. Therefore, animals should not be used for medical testing because animals have the rights to survive, not a prey for vivisection in laboratories, and there are still having so many ineffective of drugs in the world. Pain is a physical event; something that cannot be observed. Pain is something that is felt, and we can only assume that other humans can feel pain from external indications such crying, screaming, or jerking away from something. If we can justify that other humans feel pain, why do human think that animals do not feel pain by continue using animals for testing? Considering that all living beings possess natural rights that any animals with a nervous system have specific rights to survive in the world. All animals are born equal and they have the same rights as human to existence in this planet. Why do not human save animals instead of killing them by many unnecessary testing? When an animal is poked, burned, or stepped on, they will cry, yelp, or jerk away. Since the external indicators are the same, we can assume that animals feel the same pain that we as humans feel. Today the medical term â€Å"vivisection† is used. Vivisection is defined as â€Å"cutting while still alive†; it is more commonly used today that is performed on animals especially. Charles River Breeding Laboratories, a company owned by Bausch and Lomb, provides 40-50% of the animals used in experiments of laboratories (Mercy For Animals). Medicine testing on animals is inaccurate and does not benefit humans at all. Every single day in a year, animals including, but not limited to, dogs, cats, rabbits, mice, rats, hamsters, rhesus monkeys, and cattle are commonly used for vivisection. Animals are innocent! They are organisms that have the rights to existence and to be respected by humans. They are not prey for vivisection in the laboratories. Vivisection is unethical. Furthermore, testing on animals is unreliable. Human rarely think about the opposite side of their experiments. New drugs can pass safety on animals but this does not mean that human can use these drugs safely because animals and humans do not get the same diseases. Animals’ cells are so different from humans’ cells. For example, Opren drug caused 3500 people to suffer serious side effects including damage to skin, eyes, liver, and kidneys (Tachell). Thalidomide caused about 10,000 birth defects worldwide (CAAT), and Clioquinol caused 30,000 cases of blindness and paralysis and thousands of death (CAAT). Conversely, many drugs that are beneficial to humans are dangerous to animals. Penicillin, which is an antibiotic to humans, kills guinea pigs. Aspirin causes birth defects in rats, mice, monkeys, but it does not harm in humans any way. In the last 15-20 years, it has been estimated that animal testing has decreased 30-50% due to the reduction and replacement techniques (Tachell). The most common alternatives that are used today are: in-vitro tests, computer software, and even human â€Å"clinical tests. † Human have to understand that this planet is not only ours, but the animals as well. Albert Einstein once said, â€Å"Our task must be free ourselves†¦By widening our circle of comparison to embrace all living creatures and the whole of nature in its beauty. † (CAAT) The means of living a healthy and fulfilled life is to embrace and respect all life on this planet. The animals cannot tell the scientist that they do not want to be tested on, but we can. http://www.un.org/en/ http://www.mercyforanimals.org/ http://www. animalliberationfront. com/Philosophy/Animal%20Testing/whyanimaltestingisbad. htm.

Macbeth and Narrative of Arthur Gordon Pym Essay example -- comparison

Similarities between Macbeth, of Shakespeare's Macbeth, and Augustus,  of Narrative of Arthur Gordon Pym In literature, when the natural order becomes skewed, a character may die to restore order.   Often, there is a savior who sacrifices his or her life so that other characters might live.   In "Macbeth," after the king is assassinated, the balance is disturbed.   "The night has been unruly: where we lay, Our chimneys were blown down; and, as they say,   Lamentings heard I'th'air; strange screams of death, And, prophesying with accents terrible Of dire combustion, and confus'd events, New hatch'd to th' woeful time, the obscure bird Clamour'd the livelong night: some say, the earth Was feverous, and did shake." (Act II/ Scene III/ lines 53-60).   The king and rightful ruler of England was murdered and replaced by a dishonest, evil man who had no right to the throne.   Because the order in the world was disturbed, nature will continue to wreak havoc until Macbeth dies.   Lady Macduff explains to her son that a traitor is "one that swears and lies.   Every one that does s o is a traitor, and must be hang'd." (Act IV/ Scene II/ lines 46, 48-49).   Because he is a traitor to his country, Macbeth must die.   In The Narrative of Arthur Gordon Pym, Augustus is the savior.   Augustus acts as a savior twice in the story when he sacrifices himself after a mutiny and an act of cannibalism have taken place.   Through his death, Arthur and Dirk Peters will survive a mutiny and the destruction of their ship.    Augustus first saves his friends after a mutiny has occurred on his father's boat.   After hiding his friend, Arthur, on board their boat, Augustus and his father set sail from Nantucket.   The plan was to hide Arthur on the ship for a few da... ...ceptible, and the skin of his cheeks hung so loosely as to prevent his masticating any food, or even swallowing any liquid, without great difficulty†¦. About twelve o'clock he expired in strong convulsions, and without having spoken for several hours."(Poe, 342-343).   Because he was the savior, Augustus gave his own life in order to restore the balance and order of the world.    Like Macbeth, Augustus is the savior in The Narrative of Arthur Gordon Pym.   One or more characters have disrupted the schedule and patterns in which nature operates.   The savior is the character or characters who sacrifice their lives in order to return nature to her regular order.    Works Cited Poe, Edgar A. Poe Selected Tales. Ed. Diane Johnson. New York: Literary Classics, 1991. Shakespeare, William. Macbeth. Ed. Kenneth Muir. Ontario: Thomas Nelson & Sons Ltd., 1997.   

Importance of Foreign Market Entry

For a business organization to grow, it has to constantly find new opportunities to exploit. Globalisation is a large driving force that has led to the trend of the rising number of business organizations operating beyond their home country. As with globalisation,there is now a decrease in trade barriers which makes doing business abroad easier. Likewise,there is also an increased in the number of competitors in the local market and many a times, a organisation has to expand into a new foreign market so as to achieve a higher market share. One major pushing force for a organisation to go abroad is the limited opportunities in the local market which could either have no need for the organisation’s offerings or the market could be quite saturated. A global market,on the other hand,offers endless possibilities and a bigger market. Consider a small country like Singapore which only has a population of close to 5 million, a business organisation can do so much more with an expansion overseas whereby the population size is many times the local population. Local companies like Eu Yan Sang (traditional chinese medicine) or Prima Taste have their products located in different parts of the world where there are definitely a demand for it. Consider the Chinatown in London where many Chinese nationalities are currently residing/studying at. Chinese products that are found in their home countries are bound to appeal to them due to the brand familiarity as well and if there is a demand for such products,business organisations can reap from the benefits by supplying these products. This is also the case for many agriculture industries whereby the production of the products are far much more than what the population can consume. The amount of coffeebeans that are harvested in Latin America are more than sufficient for its population and organisations can make a profit out of it by actually selling the excess. The importance about a global expansion is also the competitive advantage the organisation is able to to reap. Firstly, the organisation may become more fficient due to the larger market size. Economies of scales which was previously not attainable due to the limited population size can now be realised as the number of markets and customers increase. Underutilised machinery can also be put to fuller use as the number of orders increases. For another class, we actually visited the Manner production plant in Vienna and we noticed that many of their machines were not running at full capacity. By exporting overseas and increasing the demand for Manner products,this can actually help increase the production and make better use of these machines. Besides achieving economies of scale, the organisation may be able to reap the benefits of an experience curve and this can further bring cost of productions down or making the organisation a more efficient one. Another advantage of a foreign market entry is that it can actually increase the product life cycle when it is sold in less developed countries. For a product with a short life cycle(especially technology gadgets),exporting it to other less developed countries can prolong its cycle as the level of sophistication and technology that is demanded might be lower. Consider the case of cellphones in a developed country like Japan. New models of cellphones are constantly introduced and it will not be long before a model is phased out. Manufacturers of the older model can then find a new market in a less developed market (for example, India) that does that require the newest technology but just require the cell phone for its basic functionality.

Should changes be made to the regulations for foods, served in public schools?

Should changes be made to the regulations for foods, served in public schools? The topic selected is should changes be made to the regulations for foods which are served in public schools. This topic is selected because of two reasons, first, education is the base of development on each level, whether it is on individual level, social level, economic level, or at national level. The second reason is, Government has opened public schools to provide education at minimum or no cost to the students and they also provide free or lost cost meal to them to make sure that they get the minimum calories to have a healthy body and sound mind. But the food served is generally not of a quality standard and that is why we often come across some news or the other about the degraded food quality. So the topic was selected to know more about the same. Thesis statement: Food leads to healthy mind and body, healthy mind and body leads to education, Education leads to development. Which means ultimately a healthy food can lead to development. So it is very important to eat well. National school lunch program: It is a federally assisted program of meal being operated in either nonprofit private schools or public schools and residential child care centers. The purpose of this meal program is to provide a low-cost of free meal to the kids of schools so that they maintain a balanced nutritional diet along with study. This program was started under National School Lunch Act, which was duly signed by President Harry Truman in 1946. The three major characteristics of my audience are, first, they are a mass of people and a mass of people can lead to change in decisions; second, the current view on this topic and third is awareness. Now the question which needs to be answered is do we need a change? If the answer is yes, then the time is now. Free meal or low-cost meal does not mean a low quality or limited quality and quantity of food materials. If the nutrition is not reached up to minimum level also then what is the use of giving free or low-cost meals to the students. Scope of study: The scope of this study is to find out the meals menu served, the minimum nutrition it gives to the students, the changes which it might need etc. Research design: The research design which can be used in this project is exploratory research design and Descriptive research design. Exploratory reveals all the Who, What, When, Why and How of the topic and it defines the problem. Descriptive research design is that research which describes the problem and finds a solution. Mode of data collection: Survey can be the best mode of data collection. It will include a questionnaire and some personal interviews. This will give the primary data. For secondary data, we will have to find out the old surveys done on this topic. Internet can be the best place to find secondary data. Sample: The sample for this project can be the schools or the private organizations which opts for free meal or low-cost meal. The teachers, the students etc can be the sample. The sample size will depend upon the availability of time and money for this project. Data Analysis: The data got from the primary and secondary survey can be analyzed using different statical tools to come to a certain result. Conclusion: This project is about the research that should there be a change in the meal provided at public schools or of the non-profit private schools. As the meal provided is generally not at par with the standard of the food quality approved by nutritionists so it needs to be changes. The foods do not contain fresh fruits, green vegetables, pulses or right amount of any nutrition filled foods so it is required to change the menu as differently as it can be so that proper nutrition can be given.References: H. Nanci, (1/25/2012), Government requires more fruits, veggies for school lunches, USA TODAY, retrieve from * http://yourlife.usatoday.com/fitness-food/diet-nutrition/story/2012-01-25/Government-requires-more-fruits-veggies-for-school-lunches/52779404/1 B.  Karen  Wednesday, (Jan. 26, 2011), Parents, Principals Don't Like School Lunch Rules, Time U.S., retrieve from *

Racism And Gangs essays

Racism And Gangs essays American History X is a profound and stirring drama about the consequences of racism as a family is torn apart by hate. The film follows one man's struggle to reform him and save his brother after living a life consumed by violence and bigotry. The story unfolds through the eyes of Danny Vinyard, who idolizes his older brother Derek. Seeking retribution for his father's murder and burning for a way to vent his rage, Derek finds himself transformed by a philosophy of hate as he turns into a charismatic leader of a local white power movement. Despite his intelligence, his actions culminate in a brutal murder and, ultimately, a prison sentence. Three years later, everyone awaits Derek's return: His mother Doris who prays for his safety his girlfriend Stacey who longs for his return, and most of all Danny, who is desperate for his brother's love and guidance. On the day of Derek's release from prison, Danny hands in a book report on Mein Kampf. Enraged, the school principal demands that Danny write a new paper on the circumstances that led to Derek's incarceration. Through the narrative of this new assignment, the audience explores the events that haunt and define two brothers. But as Danny turns into the old Derek little does he know that Derek is a changed man. Fresh from prison, he no longer has the same views of hatred he had before the incident. Ashamed of his past, he is now in a race to save Danny and the Vinyard family from the violence he's brought down upon them. This movie portrays problems in racism by demonstrating the aspects of neo-nazism at its worse. The basketball scene, which was one of the flash backs, shows Derek along with Cameron, Stacey, Seth, and Danny sitting and watching the game which the neo-nazis were losing. Derek was then convinced to enter the game. As Derek took of his shirt you could see his hatred and beliefs in form of tattoos, the most apparent on being the swastika on his chest. Then citing, &q...

10 Types of Apostrophe Errors You Should Avoid

10 Types of Apostrophe Errors You Should Avoid 10 Types of Apostrophe Errors You Should Avoid 10 Types of Apostrophe Errors You Should Avoid By Mark Nichol Even considering how many ways the apostrophe can be employed, erroneous use of punctuation mark is endemic. Here are brief discussions of ten categories of apostrophe abuse (including one writers and editors must let stand, even though it may pain them to do so). 1. With Plurals Writing the plural form of a noun in which an apostrophe precedes the plural s, such as when taxi’s is written instead if taxis, is a common error. (This mistake is known as a greengrocer’s apostrophe due to its ubiquity in hand-written- and even printed- store signs.) 2. With Pronouns Pronouns are followed by an apostrophe and s only as contractions (for example, he’s). Possessive pronouns (such as theirs and yours) never include an apostrophe. 3. With Shared Possession When two or more people or other entities are described as separately owning something, each name should be in possessive form: â€Å"John’s and Jane’s houses are the same color.† But when they share possession, include an apostrophe and an s after the last name only: â€Å"John and Jane’s house is just down the block.† 4. With the Possessive Form of a Surname That shingle on your neighbor’s porch should not read, â€Å"The Brown’s house,† unless your neighbor’s legal name is â€Å"the Brown.† A sign identifying the residence of the Browns should read â€Å"The Browns’ house† (or simply â€Å"The Browns†). 5. With the Plural Form of an Abbreviation No apostrophe is required with plurals of abbreviations. Write, for example, â€Å"They disarmed or detonated several IEDs† (not IED’s). 6. With the Plural Form of a Numeral In the rare case of indicating more than one instance of a numeral, do not use an apostrophe: â€Å"Write three 7s on a piece of paper† (not 7’s). 7. With a Span of Years Some publications persist in using an apostrophe in a reference to a span of years, but that form is outdated: Write, for example, â€Å"The style, which flourished briefly in the 1960s, made a comeback several decades later† (not 1960’s) and â€Å"He continued to work well into his 70s† (not 70’s). Generally, an apostrophe should follow a number only if it is possessive (â€Å"It was 1985’s longest-reigning Top 40 hit†), though this style is awkward. (An exception is use of a number to stand in for a person, such as when an athlete is identified by a uniform number, as in â€Å"It was number 13’s lucky day.†) 8. With the Plural Form of a Word Used as a Word Don’t apostrophize the conjunctions in â€Å"There are no ifs, ands, or buts about it† or the counterpoints in â€Å"A helpful list of dos and don’ts follows.† (Do, however, retain the intrinsic apostrophe in the plural form of don’t.) 9. With the Plural Form of a Letter Used as a Letter Even when a letter is italicized, it still looks awkward to simply place an s next to it to indicate plurality, so do insert an apostrophe: â€Å"How many m’s do you spell hmm with?† (Follow this rule even when, in the case of an expression such as â€Å"Mind your p’s and q’s,† italicization isn’t necessary.) However, omit an apostrophe when pluralizing capital letters: â€Å"She received only As and Bs on her last report card.† 10. With Brand Names Many brand names, such as Starbucks Coffee, that technically should include apostrophes don’t, for one of two reasons (or both): A company decides that the brand name and/or logo look better without an apostrophe, or it reasons that it’s better to omit the punctuation mark so that people typing the URL for the company’s website into a Web browser or searching for it (or for other references to the company) online won’t have difficulty doing so. Yes, â€Å"Starbucks Coffee† is a â€Å"mistake,† but one the company has the right to make (and writers and editors have an obligation to honor). Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:Useful Stock Phrases for Your Business EmailsHow to spell "in lieu of"Ebook, eBook, ebook or e-book?