Seeking The Wisdom That Will Can Your Knot - 857 Words

Seek the wisdom that will untie your knot. Seek the path that demands your whole being. -Rumi For as long as I could remember, I have seen my father rushing to the hospital in a white coat, answering pagers in the middle of important family conversations and attending night calls even in the most terrible weather. I had always wondered; what could be so important that it belittles every other responsibility in his life. It was only after many years of anguish and protests that it finally made sense to me. This defining moment of realization occurred when I first met a patient in his office. I saw how the gratitude in the patient’s eyes can provide a sense of fulfillment that triumphs all other feelings in the universe. It was human life that was most important. Being a doctor does not make you a mere healer but also gives you the responsibility of a caregiver. I had never felt more proud of my father and that was the day I felt the urge to relive this feeling many times over. It was there in that moment that I decided to pursue a career in medicine. With the start of medical school, studying basic sciences opened a door to the world enriched with years and years of research. With each passing semester, I gained more knowledge about the biochemical, physiological and anatomical aspects of medicine. The more knowledge I acquired, the more eager I became to apply what I had learnt into clinical practice. Those two years formed the foundationShow MoreRelatedMental Preparation : An Essential Element Ordinary College Student Lacks For Marriage1670 Words   |  7 Pagesresonating with the masses of young adults. The median age for married couples is now 28.3 years of age (www.foryourmarriage.org). Most college couples should follow the footsteps of these wise adults and postpose the special date. Due to the lack of wisdom in college students, they should not rush in to jump the broom. There is a necessary mental maturity that must be present in the minds of two people that are married to one another. Marriage is not simply a court legislated agreement; it is basedRead MoreThe World We Used to Live In by Vine Deloria Essay1667 Words   |  7 PagesThe important relationships with animal and plant spirits are discussed. The concept of power and what is considered power in Native Spirituality. Deloria talks about the importance of place in indigenous spirituality. It is believed that power and wisdom rests in places. The landscape holds memories of all that has ever happened. Through all the aspects Deloria discusses in his book, readers get a clear view and better understanding of Native American spirituality through various accounts of differentRead MoreAncient Religions : Norse : Description And Values Of The People1894 Words   |  8 PagesDescription/Values of the People: The people were named Norse because they were â€Å"From The North†. Their culture was made of people from Central Asia and a mix of Germanic people. Some major advancements from Nordic culture include an advanced skill in knot tying, a great skill in working with metal and wood goods, great boat and nautical designs, and in some cases, equal treatment for women. The people often used spears to hunt for their food and wore cotton and leather clothes. The people often praiseRead MoreSpeaking English Is A Key Factor For Achieving Success Essay1822 Words   |  8 PagesThe journey begins with leaving your family behind, friends and to then settle in a foreign country, where everyone speaks a language that you are not familiar with. For most foreigners, speaking English is a big barrier that can make them feel lonely and disoriented, like a bird that comes out of its cage for the first time and must undertake its flight without knowing what the next step is. 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It  never  occurred  to  me  that  it  was  quite  dishonest.  And  all  the  students thought  it  was  fun,  too,  just  like  a  dare  to  see  if  I  could  get  the  job.  I didn’t  say  the  work  was  mineRead MoreCrossing the Chasm76808 Words   |  308 Pagespublished in 1991 by HarperBusiness, a division of HarperCollins Publishers. 10 9 8 7 6 5 4 3 2 1 To Marie Contents PREFACE TO THE REVISED EDITION FOREWORD ACKNOWLEDGMENTS PART I Discovering the Chasm INTRODUCTION If Bill Gates Can Be a Billionaire 1 High-Tech Marketing Illusion 2 High-Tech Marketing Enlightenment PART II Crossing the Chasm 3 The D-Day Analogy v vi Contents 4 Target the Point of Attack 5 Assemble the Invasion Force 6 DefineRead MoreCoaching Salespeople Into Sales Champions110684 Words   |  443 Pagesphilosophy around coaching, they can certainly expect to win in all areas of their life, while making a profound and measurable impact on their salespeople’s performance and attitude.’’ Dr. Denis Waitley Best-Selling Author of The Seeds of Greatness and The Psychology of Winning ‘‘There is no other single activity to boost sales that works better than sales coaching and this book is the best ever written on how to do it well.’’ Brian Tracy, Author of Getting Rich Your Own Way ‘‘Flufï ¬â€šess! 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African American Juvenile Delinquency America Essay

African American Juvenile Delinquency in America Several studies have provided data that often indicate crime rates are higher for certain ethnic groups of people in the United States. Much of this research on delinquent behavior tends to show that African Americans account for a greater proportion of the juvenile delinquents in America. With African American juveniles accounting for more than 57% of arrests for manslaughter and more than 67% of arrests for robbery, this growing national problem has caught the attention of researchers, criminologists, and society. African American youth also account for a large percentage of nonviolent offenses such as property offenses and drug related arrests (Kang and Burton). Several theories have been developed to try and find a better understanding or perhaps provide a more inclusive insight as to why African American youth are likely to become involved in delinquent behavior. The juvenile justice system was created as a way to intervene constructively in juveniles’ lives to steer the m away from the adult criminal justice system. With the idea in mind that children are different as adults and should be trialed differently, juvenile courts were established throughout the country. For example, while children may violate the law, it is often believed by many that they still have room for rehabilitation and growth for change. For quite some time it has been recognized as counterproductive to label children as criminals because thisShow MoreRelatedEssay on Separate and Unequal977 Words   |  4 Pagespostponing a solution to American black man’s problem† (X, 1965). However, this leaves to wonder if the black man’s problem is solved or has it merely shifted into a newer problem. Unfortunately, the monumental gains of African-Americans have subsided as there is an entrenched, multigenerational poverty stricken society within the black communities which is closely related with the collapse of the nuclear family in the inner city, ultimately leading to an increase of juvenile delinquency within these communitiesRead MoreThe Effects Of Incarceration On The Social Of African American Juveniles1487 Words   |  6 PagesDisciplinary changes applied to the juvenile justice system in addition to negative impressions of juvenile males have caused juvenile male incarceration rates to surge. African American male juveniles encounter racial differences in society everyday due to view that media portrays them to be. Racial bias amongst these juvenile African American males is the principal cause of their incarceration rates climbing higher each year. The lives of these juveniles are seriously altered after being incarceratedRead MoreImmigration Has Increased Through Out The Years And President Trump1139 Words   |  5 PagesSouth or Central American, or other Spanish culture or origin regardless of race† (p3). I identify myself as a Hispanic because I was raised in Honduras, the heart of Central America, and I understand the cl imax that immigrants from these countries attempt to flee from. Thus, my interest in exploring more in depth the contact that Hispanic youth have with the Juvenile Justice system. Hockenberry and Puzzanchera (2016) based themselves on sample data reported to the National Juvenile Court Data ArchiveRead MoreThe Marxist Crime Perspective on Juvenile Delinquency of African Americans2700 Words   |  11 Pagesand psychologists have suggested several theories as to why juvenile delinquency exists. The theory this paper uses to explain juvenile delinquency is the Marxist perspective of the Conflict Theory. What this paper seeks to achieve is to show how this theory is conceptualized, how it causes juvenile delinquency particularly for African Americans, statistics on African American juveniles, and why it could lead to a life of crime as juveniles transition into adulthood. In addition to this, the governmentRead MoreThe Development Of A Juvenile Criminal Justice System1740 Words   |  7 PagesIn many countries, among them the United States of America, crime rates among the youth under the age of 18 years have significantly increased. This phenomenon is attribute d to various factors, among them being family disintegration, school dropouts and other antisocial behaviors. Therefore, the development of a juvenile criminal justice system was crucial as it is tailored to distinguish the judicial process related to juvenile crimes. Various facilities such as specialized detention centers andRead MoreEssay on The Marxist Crime Perspective of Conflict Theory1895 Words   |  8 Pagespsychologists have suggested several theories as to why juvenile delinquency exists. The theory this paper uses to explain for juvenile delinquency is the Marxist perspective of the Conflict Theory. What this paper seeks to achieve is to show how this theory is conceptualized, how it causes juvenile delinquency particularly for African Americans, statistics on African American juveniles, and why it could lead to a life of crime as juveniles transition into adulthood. In addition to this, the governmentRead MoreEssay on The Most Prevalent Causes of Juvenile Delinquency1 164 Words   |  5 PagesJuvenile delinquency is a problem these days, despite a recent drop in arrests. Roughly 2.5 million juveniles are arrested every year for different crimes in America. About 100,000 of those are violent crimes, however those statistics are slightly inaccurate since only half of juvenile crimes are reported (Juvenile Justice Basic Statistics, 2011). Creating interventions to assist at-risk youth means preventing them from starting on a path to crime is a priority. Juvenile justice system researchersRead MoreJuvenile Delinquency, A And Violent Criminal Activities1530 Words   |  7 PagesAngel Martinez Sociology 348 March 26, 2016 Juvenile Delinquency Analytical Essay In the country we live in today the number of juvenile delinquents in America has grown rapidly. There are many different theories on why society may think juveniles commit crimes. Some believe it can be due to that lack of attention or their low self-esteem and even the lack of support they receive from their parents. Delinquency is found in all nations and is particularly popular in highly industrialized nationsRead MoreWorking As A Juvenile Supervision Officer For The Fort Bend County Juvenile Probation Department1350 Words   |  6 Pages Working as a Juvenile Supervision Officer for the Fort Bend County Juvenile Probation Department, I come in contact with a lot of juvenile offenders. What I have notice during my tenure is that the majority of the juveniles I see are minorities, African- American, Hispanic and Asian young men and women. According to The Sentencing Project, â€Å"In 2010, African Americans comprised 17 percent of all juveniles, but 31 percent of all arrests.† Do juveniles of color commit crimes and come in contact withRead MoreJuvenile Delinquents Vs. Gran Torino, And A Better Life One1467 Words   |  6 Pages Juvenile delinquents have been around for a long time, however it has not been until recently that society has cast light on this very serious issue. Nonetheless, there is still much that is unknown about juvenile delinquents which is why it is so easy for bystanders to label them as gangsters and criminals and forget about them. In reality, there are multiple factors that come in to play that when determining how juvenile delinquents got to the point where they are now. After watching the films

The Social Reality of Violence and Violent Crime Free Essays

The book â€Å"The Social Reality of Violence and Violent Crime† by Henry H. Brownstein concerns a very critical and disturbing aspect of life of our modern society. Indeed, some of the most hotly debated topics today are in one way or another connected to violence, be they issues of adolescent crime, the high percentage of violent behavior at the workplace, in families, violence by drug addicts, etc. We will write a custom essay sample on The Social Reality of Violence and Violent Crime or any similar topic only for you Order Now To put it simply – it must be acknowledged that the anxiety about violence as such within our society has become one of the most prominent elements of our world view. In this regard, the mentioned book by Henry H. Brownstein aims to accomplish a truly important task of uncovering the role that violence and violent crime play within our perception of the social reality that surrounds us. In accordance with this task and considering the complexity of the field of his study, the author of this work decided to maintain a live connection with his audience by means of collecting stories from real life, which helps to characterize violence and violent crime in the United States from points of view of both individuals and social groups. This approach of the author is really important as in this way he manages to convincingly show how violence may be perceived differently by different people, and how those differences in perception of violence have developed in our society during the last century. Thus, the author`s views on the perception of violence are to a large degree based on the principles of social constructivism which state that our knowledge is not completely objective, but rather is to a certain degree subjectivity constructed by existing social influences (Brownstein 1999, p.3). I think that the useful tool that helped the author to achieve his aim was his ability to meld together his personal narratives and experiences of other people related to violence with excerpts from reports of media, official statistics, and research. As the author opens each chapter with some story that helps readers properly understand what forms violence may take, where it exists, and what are probable reasons of its existence, readers can begin to see how all those complex and often seemingly separated from real life sociological concepts in fact stem from concrete historical and cultural conditions of our society. Indeed, even though it might sound quite sad, it seems that for many of us who were lucky to avoid personal encounters with violence it takes only shocking stories of real victims of violence and violent offenders to be able to see violence not as a merely dry statistics but as a terrible reality. At the same time, I think that one of the merits of Brownstein is that along with his personalized approach to interpretation of place of violence in our lives he nevertheless does not forget about more general social considerations and at the end of every chapter also discusses relevant social policies. This allusion to the realm of political decision-making is valuable as such because of the competence of the author, and at the same time it helps complete the picture of how violence is socially constructed, because policies towards violence too often impose upon us some fixed and almost compulsory perception of it. Finally, I feel that aside from his academic talent, Brownstein managed to convey to readers some fine nuances of his personal, even intimate, perception of violence. This is done in a very subtle way through his writing style and his ability to depict moods of people and his personal experiences. For example, he begins his book with a very impressive description of his visit to the infamous Sing Sing prison, and as he described his slow advance thought a series of security points and bars, I felt as if coming closer and closer to something truly terrible. However, the story of the man whom Brownstein interviewed in Sing Sing left me somewhat baffled due to its ambiguity. On one hand, the author described the case of a dangerous murderer, but on the other hand left me wondering whether the circumstantial evidence against him based on his cocaine usage was sufficient to be sure in his guilt. This story vividly illustrates the power of stereotypes that shape our perception of violence, and serves as a good start for the author`s endeavor to shed light on this complex phenomenon. Sources Brownstein, H., H. (1999). The Social Reality of Violence and Violent Crime. Allyn Bacon. How to cite The Social Reality of Violence and Violent Crime, Papers

International Finance

Question : What is the Internatinol Finance With Example ? Answer : Introduction In the modern world, there are various types of organizations that functions and manufactures goods and services. The organizations that perform in the global economy aim to make profit and establish a strong share of the market. The performance of the firms operating in the market has an impact on the global and the national economy. There are various methods that are used in order to evaluate and analyze the economy. Forward Premium Puzzle is one such model that is instrumental in evaluating the economy with respect to the interest parity. This model is closely associated to the failures that are discovered from the uncovered interest parity to embrace and the occurrence of the forward rate bias (Tanamee 2014). The current paper therefore, concentrates on the puzzle of forward premium and tries to explain the concept and the possible explanations to this puzzle. The paper will highlight the definition of the model and critically explain the puzzle of forward premium. Discussion Definition of Forward Premium and Associated Concepts The forward premium puzzle relates to the uncovered interest parity failures and the effect on the rate of forward bias. The puzzle of forward premium is the result that the puzzle tries to highlight in an inappropriate direction for the movement towards the ex post in the spot exchange rate. The parity of interest that is uncovered explains that if the interest parity that is covered holds, then the forwarded discount and therefore, the differential in the interest, requires to be unbiased forecaster of the change in the ex post in the rate of spot, estimating any rational expectations(Boudoukh, Richardson and Whitelaw 2016). The puzzle that is associated with the forward rate is shown by the clue that the rate of forward does not reveal an unbiased prediction of the spot rate of the future. In order to rectify the terms and the concept, it is essential to explain the rate of forward at the time t for a deal to take place during the time k as Fkt and the spot rate during the time t as St..Furthermore, assume the subjective estimation of the spot rate during the time as t+k, is on the basis on the information upon time t, be explained as t (St+k). If it is predicted that for the time being rational expectations, like, Et(St+k). Therefore, the equation should be expected as: St+k= Fkt + ut+k. It is seen that the error term is an Expectational Error. In practical, the regression estimates does not discover a regression coefficient of unity, even though the pointy estimate is usually not statistically and crucially are posted away from the posited value (Coudertand Mignon 2013). Another problematic component of these regressions are that the forecasted regression term of error often displays a correlation that is serial, disrupting the rational expectations hypothesis. Therefore, the forward premium puzzle can be recognized by estimating that the error is log ordinarily allocated, thereby (1) can be rectified as: St+k= 0 + 1 fkt + ut+k. It is seen that in the null hypothesis, 1= 1, and 0 is permitted to balance some continuous that impounds some Jensens Inequality terms. There are various factors due to which the forward premium puzzle is essential for survival even when the capital is faultlessly portable with respect to the covered interest parity criterions like: (1) the absence of validity of the rational expectations hypothesis; (2) problems related to econometric implementations; and (3) the presence of premium of an exchange risk. As explained in depth in the entrance of Interest Rate Parity, forecasts the equations making use of the values for k that ranges up to a year usually cast-offs the unbiasedness limitations on the parameter of slope. For example, the survey undertaken byYu (2013) discovers that an average estimate for of -0.88. The paper provided by Londonoand Zhou(2016) reveals that the result is relevant for more current time that extends to the year 2000. They even reveal that the bias have a habit of decreasing at horizons that are longer. Validity of the rational Expectations Hypothesis It is significant to recollect that uncovered interest parity is accurately explained as associated to estimated depreciation, is not examinable. The prediction of the standard UIP regression equation is dependent on the methodology of rational expectations that is shown an equation. It is evident that dependence upon the predictions of mean zero errors of expectation is by no way unprovocative. In various paper, Farhi and Gabaix(2015) show that standards tests for UIP yield surprisingly unique results when one makes use of the survey-based measures of depreciation of exchange rate. They discover that the numerous variations of the forward discounts reveal to be associated to expected depreciations, rather than a risk premium that is time varying, thereby providing credibility to UIP. () reveal the fact that it is problematic to discard UIP for a vaster currency sets, when making use of the predictions given by the Currency Forecasters Digest (CFD) even though there are some hints of a risk premium at the annual horizon. () construe various results as coming from a broader currency sets- they investigate 17 currencies as opposed to 6 or so investigated by Vasilyev, Busygin and Busygin(2016)- where the predictions of faultless substitutability of the instruments of debt has chances to be hold. The authors have concentrated that discarding of the hypothesis of rational expectations does not always mean that one has to accept the scheme that the representatives are irrational. It may be conceivable that the agents are substantially gaining knowledge about the economic atmosphere so that their predictions are biased for a lengthy time-period. Recently,Narayan and Sharma (2015) have included incomplete processing of information, crucially a transaction cost rationale for unbalanced rebalancing of portfolio and this is a factor due to which forward premium puzzle is existent. Djeutem(2014) plea to the microstructural and institutional factors to determine the existence of surplus returns is an associated but an approach that is distinct. Econometric Issues Ho and Mo(2016) determines the deviations in the long and short-horizon. The authors even pleaded to a monetary reaction function that is responsive to the changes in the rate of exchange and making the interest rate internal in the sense of economy. However, it is not clear that these approaches can be useful in explaining the negative coefficients that have been collected. There are broad types of econometric issues that has even been examined. da Costaet al. (2016) debate that there is non-linearity in the relation among the forward discount and the spot rate. It is seen that when forward discount is higher in the absolute value, then the forward discount can be able to point at the correct direction. When the forward discount is minimal, it usually directs to a wrong way as the transaction costs are higher in relation to the potential gains. Risk Premium Interpretation The most actual determination why the forward premium estimates the inappropriate path of the progress of the exchange rate is due to the fact that the risk premium covers a wedge between the actual changes and the forecasted changes. It is a challenge to model a risk premium. The process of portfolio balance that concentrates on the stocks of the external assets, was primarily introduced in the modelling of the risk premium. However, due a vast failure to discover any relation between the ex post risk premium and stocks of external assets led to the conclusion of this mode of research. There has been resurrection in the consumption based approach of risk premium by pleading for more bizarre preferences. Snaith, Coakley and Kellard(2013) reveal that while implementing the aversion of first order risk may lead to negatively sloped coefficients and the relative extent of the changes in the exchange rate and the risk premia are not possible for matching. Recently there has been a model that has been forwarded byTanamee (2014) where the ad hoc external habit preferences related to the cost of trade, which may lead to a large risk premia. The combination of the various costs and rigidities reveals to be an useful approach for deterring the reason why the forward discount specifically points in the inaccurate direction for the transformation in the ex post exchange rate. Conclusion The current paper explains that the puzzle of forward premium, that is existent in the economy that associates to the failure of interest parity that is uncovered. It is essential for the survival of puzzle of forward premium in the economy as it reveals the empirical results that the currency is predicted to rise when the nominal interest rate of a concerned country exceeds the foreign interest rate. The forward premium puzzles reveal that the economic theory advices that if all the currencies are similarly risky, then the investors would look for higher rate of interest when the value of the currencies are predicted to decrease. Forward premium puzzle will definitely evaluate the currency rate that will be influential improving the economy of the country concerned and will be useful in finding out the coefficient of regression. This puzzle is one of the significant model of the economy and with time changes are in Reference List Boudoukh, J., Richardson, M. and Whitelaw, R.F., 2016. New evidence on the forward premium puzzle.Journal of Financial and Quantitative Analysis,51(03), pp.875-897. Coudert, V. and Mignon, V., 2013. The forward premium puzzle and the sovereign default risk.Journal of International Money and Finance,32, pp.491-511. da Costa, C.E., Jesus Filho, J.D. and Matos, P., 2016. Forward-premium puzzle: is it time to abandon the usual regression?.Applied Economics,48(30), pp.2852-2867. Djeutem, E., 2014. Model uncertainty and the forward premium puzzle.Journal of International Money and Finance,46, pp.16-40. Farhi, E. and Gabaix, X., 2015. DP10334 Rare Disasters and Exchange Rates. Ho, T.W. and Mo, W.S., 2016. Testing the Persistence of the Forward Premium: Structural Changes or Misspecification?.Open Economies Review,27(1), pp.119-138. Londono, J.M. and Zhou, H., 2016. Variance risk premiums and the forward premium puzzle. Narayan, P.K. and Sharma, S.S., 2015. Does data frequency matter for the impact of forward premium on spot exchange rate?.International Review of Financial Analysis,39, pp.45-53. Snaith, S., Coakley, J. and Kellard, N., 2013. Does the forward premium puzzle disappear over the horizon?.Journal of Banking Finance,37(9), pp.3681-3693. Tanamee, D., 2014.Forward Premium Puzzle(Doctoral dissertation, University of Kansas). Vasilyev, D., Busygin, V. and Busygin, S., 2016. Testing and Interpreting Uncovered Interest Parity in Russia.Economic Policy,4, pp.35-55. Yu, J., 2013. A sentiment-based explanation of the forward premium puzzle.Journal of Monetary Economics,60(4), pp.474-491.