Thursday, November 14, 2019
People Express Airlines Case Study Essay -- Business and Management St
People Express Airlines Case Study Abstract: In the well documented case of the early low-fare and economy carrier People Express Airlines (PE) the common explanation for the rapid rise and decline is excessive corporate growth. Based on a dynamic resource based, this case finds that it is not only the rate of growth embodied in the resource buildup processesââ¬âwhich determines the outcome of a corporate growth strategy. ââ¬Å"Despite the rapidly increasing financial problem by the spring of 1986, PE continued to win praise for its impact on the airlines industry and the value it offered to customers. But PE was fighting for market share all over the country. In Denver, United and Continental were destroying Frontier. Other airlines continued to entice customers away with low fares and more amenitiesâ⬠, (Pg18, Holland). People Express (PE)ââ¬â¢s low fare and economy strategy did change in the speed of corporate growth and in other vital strategic decisions, like implementing a hub and new network and giving service to major airports but later it went down as PE try to grow faster and merge with other airlines. Could people express have been saved? Why or why not? People Express (PE) was the first airline that was opened in the time of US airline deregulation back in 70'. People Express was one of the most impressive business success stories in airlines business, growing to the nation's fifth largest air carrier by mid 80ââ¬â¢s, ââ¬Å"In 1985, its revenue were nearly $1 billion. By the end of...
Tuesday, November 12, 2019
Financial Markets Assignment
FINANCIAL MARKETS & INSTITUTIONS ASSIGNMENT 1. Explain how interest rates decline following major Fed purchases of mortgage-backed securities. The FED implements quantitative easing by buying financial assets of longer maturity, e. g. , mortgage-backed securities, from commercial banks and other private institutions in order to inject a pre-determined quantity of money into the economy. This is a means of stimulating the economy and lowering longer-term interest rates further out on the yield curve; quantitative easing increases the excess reserves of the banks, and raises the prices of the financial assets bought, which lowers their yield.Graphically, this can be explained with the aid of Figure below. The supply of money is shifted from point 1 to the right (MS1 to MS2) and, all else equal, the new equilibrium point (with aggregate money demand curve) is at point 2, where the interest rate is lower. i i1 i2 AD1 MS1 MS2 Quantity of Money 2. What could be the implications of lower in terest rates for households and businesses? By implanting the policy of purchasing mortgage-backed securities, the FED has set its sight on increasing consumption and investment, which will ultimately increase employment.As described in question one Bernankeââ¬â¢s policy decreased interest rates to new record lows, encouraging borrowing for both businesses and households. The ability to borrow money at more attractive rates stimulates investment in durable consumer goods, such as automobiles, and in operational necessities such as buildings and capital equipment for businesses. Indeed, after the implementation of the policy mortgage applications increased significantly.Because of low interest rates households and businesses as investors could shift their preference away from bonds and into stocks. According to frbsf. org, the increase in stock trading volume has the effect of raising the value of existing stock portfolios, which in turn stimulates consumer and spending across the country due to the psychological effects of rapid capital appreciation. Lower interest rates can have negative effects on the value of the local currency compared to other currencies.As foreign investors dump their local-denominated investments in favor of more profitable currencies, exchange rates can shift to the detriment of the local currency. The weakening of the local currency serves to increase the attractiveness of local goods to foreign purchasers, which has the effect of boosting exports and international sales. All of the factors mentioned above have the combined effect of increasing productive output, or GDP, and increasing employment across a wide range of industries.As individuals, businesses and foreign investors are encouraged to spend more due to increased access to capital, higher portfolio valuations and weaker currency values, businesses in nearly every sector experience an increase in sales, often requiring them to grow their operations and employ additional la bor. However, there are some negative implications from this policy. Without a strong commitment to control inflation over the long run, the risk of higher inflation is one potential implication of experiencing real interest rates below the economyââ¬â¢s natural interest rate.Low interest rates provide a powerful incentive to spend rather than save. In the short term, this may not matter much, but over a longer period, low interest rates penalize savers and those who rely heavily on interest income. If short-term interest rates are low relatively to long-term rates, households and firms may overinvest in long-term assets, such as Treasury securities. If interest rates rise unexpectedly, the value of those assets will fall (bond prices and yields move in opposite directions), exposing investors to substantial losses.Finally, low short-term interest rates reduce the profitability of money market funds, which are key providers of short-term credit for many (large) firms, e. g. the c ommercial paper market. 3. Explain the Fedââ¬â¢s policy dilemma and try to rationalize why unemployment in the US is stubbornly high while inflation is low. Based on the theory of the Philipââ¬â¢s curve diagram we notice that there is an inverse relationship between inflation and unemployment. Stated simply the lower the unemployment in an economy the higher the rate of inflation.Philipââ¬â¢s Curve Inflation Unemployment The explanation of the inverse relationship between inflation and unemployment is based on two assumptions. The first has to do with the fact that as unemployment rises there is no room for workers and labor unions to demand an increase so a wage inflation that would increase the prices of the final products cannot occur. Secondly high unemployment is a reflection of the decline in economic output and indicates an economyââ¬â¢s slowdown. Therefore competition among firms in recession will lead the prices at lower levels.But this is not the case currently in the US since we observe high unemployment and low inflation. The FED is concerned about the unemployment rate and in an effort to stimulate the economy and improve the labor market conditions it started implementing the quantitative easing policy. So the FED purchased MBS, helped banks to rebuilt their balance sheets, contributed into maintaining price stability, preserved interest rates near zero for more than three years, and prevented the economy from slipping into greater recession. Despite all these efforts the situation in the labor market did not improve.Apparently the fact that unemployment is still very high depicts the limitations of the monetary policy. The low business confidence, policy uncertainty, and the governmentââ¬â¢s reluctance to act are beyond the FEDââ¬â¢s capacity. What is more the infinite use of the quantitative easing may produce undesirable effects in the long run such as stagflation. The only optimal solution under these circumstances is the co ordination of the FEDââ¬â¢s monetary policy with the governmentââ¬â¢s fiscal policy plan that could boost the societyââ¬â¢s confidence. . Do you think that another round of quantitative easing (QE) by the Fed would help stimulate the US economy? Please explain. The FED declared that the use of QE will be aggressively continued until the economy is improved. The cash injections into the economy helped interest rates to remain at low levels. Consequently everyone wins from this decision in the short run; homeowners can borrow at historical low levels of interest rate, corporations can also take advantage of this act and invest, consumption increased and also the banks increased their profits and the stocks record a growth. So as long as the QE is active in the short run everyone is a winner. But in the long run things become vague. First of all historical evidence shows that despite the fact that interest rates may be at levels near zero it remains uncertain whether this wil l be the incentive to boost the actual economy. Secondly the fact that consumers will have more money to spend but fewer goods to buy might lead to a hyper inflation.Furthermore by repeating the use of QE is very possible to lead to a liquidity trap, unless the economy finds ways to stimulate production. Last but not least the FEDââ¬â¢s decision to inject cash into the economy by purchasing MBS is questionable; Mortgage backed securities entail the risk of defaulting once again as they did in the real estate crisis and that would cost the Americans a lot more money repeating the history that started back in the September of 2001. To sum up the use of QE is indeed very effective but only in the short run.Short periods of economic recession can be avoided by stimulating the economy temporarily through cash injections but to maintain growth on the real economy we need to improve labor market conditions, productivity, innovation and bolster the economyââ¬â¢s confidence. So a combi nation of fiscal and monetary policy is the only way to prevent an economy from collapsing, and also is this is the only way to avoid a possible systemic risk that will negatively affect all the institutions and individuals. . How is a loose Fed monetary policy in the US affecting fundamentals (such as inflation, asset and commodity prices) in other countries? What does that imply about global monetary policy? Since the dollar is the vehicle currency in the global economy almost every country is tied to its value and everyone is affected by the monetary decisions of the FED. By the QE, the supply of dollars is increased and consequently the dollar depreciates against foreign currencies.This means that Americaââ¬â¢s exports will increase and on the contrary the imports will decrease. So countries trading with the US fear about the capital inflows and the possible inflation on commodities. On the other hand the FED support that there can be no further inflation since the global eco nomy is in recession. Moreover countries experiencing huge capital inflows resulting in inflation can implement fiscal policy, such as imposing taxes, in order to contain the effects of foreign capital inflows which push up local stock prices and the currency itself.Every country should focus on its own monetary policy adjusting it to the problems that may experience. For example the US chose to inject more money in the economy. The results of such a decision are low interest rates, more exports but always with the risk of inflation. On the other hand a country experiencing high inflation might limit the money supply, increasing the interest rates with the risk of experiencing a decline in exports.
Sunday, November 10, 2019
Unit 4 Business P7
P7: Outline electronic and non-electronic methods for communicating business information, using examples for different types of audience. The first type of information that I am focusing on is written information that is on screen, the form of the communication is a PowerPoint presentation which is used electronically to present information to members of staff. In Sainsburyââ¬â¢s they hold meetings regularly and my example of a time is when they had a new product that was coming into their store, the presentation explained the product and how they can promote it.This information is internal as it is in the business its self explained to its target audience who are the employees. The non-electronic method that Sainsburyââ¬â¢s have explained this new product is through posters, they are put onto the notice board for their target audience that is the customers. The purpose of the electronic and non-electronic methods of this information is to keep customers updated but also the me mbers of staff, the audiences are satisfied for the way that the information is presented to them.The second type of information that I am going to explain is verbal, the form of communication that is used is face-to-face and DVDââ¬â¢s. The target audience for the face-to-face information is the customers, an example of a non-electronic method is in Apple store there is a member of staff who would stand and present themselves to members of the public. Their aim is to sell the product and explain as much information as they possibly can, the benefit of this is that customers can ask questions and they can be answered directly then and there.The electronic method is the DVDââ¬â¢s that are handed out to the target audience the employees to watch about the new product that the company has brought out. This sort of communication is suitable for the employees as they can watch the video of the new product as many times as they need to learn more about it. The third type of communica tion is multimedia, this is an electronic form and the target audience is members of the public. I am going to focus on the company Costa that created an advert for their target audience, business men and women.Costa sells various hot and cold drinks to either sit in or take away, the advert is directed to business men and women as in the advert they state, ââ¬Å"For the hard workers on the go, sit in for a drink or take away back to the officeâ⬠. The disadvantage that Costa has with their advert is that it costs allot of money, it has a time limit of how much information they can show and the target audience would have to be watching the TV at the time.The non-electronic method is billboards that are shown to the general public, the target audience is then for everyone who is able to buy their drinks, the billboard shows their coffee being delicious and puts across a short message to make people buy it. This is a useful way of communication as it attracts all types of people and not just aimed at one sort of person, this would build up the amount of potential customers.
Thursday, November 7, 2019
Wind Power Process, Advantages and Disadvantages
Wind Power Process, Advantages and Disadvantages Introduction Wind power is a form of renewable natural energy which is generated from wind. Wind has emerged as one of the widely used sources of energy in the modern world, owing to its nature as a virtually inexhaustible source of energy. Wind power simply involves the process of converting wind energy into mechanical or electrical energy using wind turbines.Advertising We will write a custom research paper sample on Wind Power: Process, Advantages and Disadvantages specifically for you for only $16.05 $11/page Learn More Even though the use of wind power has been there for many centuries, it has never gained much popularity across the world compared with other sources of energy such as hydropower and solar energy, which are widely used to generate electricity. This, however, appears to have changed in the current world where the capacity for wind power generation is observed to have risen to as much as 50 percent in a year. As it would be observed, there are some obstacles that have restricted increased use of this reliable source of energy in most parts of the world. One common obstacle here is that wind farms are not just located anywhere, but in regions where large masses of moving air are present. In this regard, some of the most strategic location points of wind farms would be along coastlines or on large tracts of land where there is constant supply of wind. In most cases, it would not be easy for people to devote these strategic areas to wind farms while there are other useful ways of utilizing them. How Wind Power Works Wind power involves the use of turbines, the modern equivalent of windmills, to convert wind energy into a more useful form of energy. The wind exerts force on the turbine blades causing it to propel. This pressure puts the turbineââ¬â¢s shaft into motion, thus causing it to spin at a speed of between 10 and 20 revolutions in a minute. The kinetic energy of the moving air is then turned into mechanical pow er by the rotor shaft. The amount of energy generated from a wind turbine normally depends on a number of factors. These factors include, but are not limited to, the speed of wind, air density, and the overall area covered by the turbine blades. For effective performance, wind turbines require a minimum wind speed of about 12-14 km/h and a maximum of 90 km/h. Strong winds of about 50-60 km/h are enough to generate wind power at full capacity. However, wind turbines must be stopped on levels where wind the speed exceeds 90 km/h to avoid damage.Advertising Looking for research paper on management? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conversion of Mechanical Power to Electrical Energy Mechanical energy can further be processed into electrical energy using electric generators that are connected to the turbineââ¬â¢s shaft. According to Joselin and others (2007), wind turbines operate just like windmills in almost all aspec ts. The process begins with the wind blowing on the blades of the rotor causing it to spin into revolutions. These revolutions play a significant role in converting the kinetic energy of the wind into mechanical energy. The strength of the revolutions and the direction from which the wind is blowing are then detected by sensors within the turbineââ¬â¢s shaft. The rotor then turns towards the wind direction from where it automatically controls the operations of the turbine. The rotor is usually connected to a generator by the shaft and a gearbox. The generator would spin every time the rotor propels producing mechanical energy. This energy is then converted into electric energy by the generator using an inbuilt electromagnetic field. As the process continues, the electrical energy is carried to a substation using cables, where it is combined to generate a high voltage. The final product of wind power is then transmitted through power lines into transformers. Here, the voltage is r egulated into usable levels, before it is finally released for human consumption. Advantages of Wind Energy The use of wind power as a source of energy is associated with many benefits compared to other sources of energy. Following is a summary of some of the most common advantages of wind energy. Wind Energy is Free, Pure and Renewable One main advantage of wind energy over all the other forms of energy is that it is free, clean and renewable. This pure source of energy comes freely and can be acquired efficiently from just anywhere, since wind is widely distributed everywhere. Wind energy can be generated again and again, provided there is plenty and steady supply of moving air or wind. This has the meaning that, no matter how much wind energy is consumed every time, people will always access the same supply of wind energy in the future. More importantly, unlike conventional power plants that are known to emit a variety of air polluting substances, wind power is a clean, non-pollu ting source of energy.Advertising We will write a custom research paper sample on Wind Power: Process, Advantages and Disadvantages specifically for you for only $16.05 $11/page Learn More Wind plants donââ¬â¢t emit air pollution or green gases, and it is this non-polluting nature that makes them environment-friendly (Jaramillo, Borja Huacuz, 2004). Cost of Production As it would be observed, the production cost of wind energy has dropped steadily in the last one or so decades. The only bigger costs which investors in the energy sector are likely to incur as far as wind power is concerned would be through site preparation, machinery, and installation. Moreover, wind turbines consume a small piece of land which means that the remaining space can be utilized for other useful purposes in life. When combined with other energy alternatives, wind energy can generate adequate energy supply for both domestic and commercial use in the society. Creation of Jobs R anging from the installation of wind turbines to the maintenance of wind farms, wind energy offers many job opportunities for the people. However, a wide range of these opportunities are available for those people who live on hilly areas and around coastal areas where most wind farms are located. Reduction of Fossil Fuel Consumption Wind is a reliable source of energy which can serve as an alternative for petroleum and gas products, among other nonrenewable sources of energy thus helping to control air pollution. More importantly, effective and efficient use of wind energy can reduce human dependence on fossil fuels, and this helps to minimize the potential effects of global warming. Variety of Wind Turbines Wind turbines are produced in a range of types and sizes. What this means is that, many people and businesses can acquire them easily and use them to generate their own mechanical or electric energy without having to incur a lot of expenses (Chen, Guerrero Blaabjerg, 2009). Eco nomical benefits Wind energy resources are usually put up in remote areas where wind is plenty. In that case, they serve as steady and significant revenue generators to rural land owners and the communities inhabiting those economically disadvantaged regions.Advertising Looking for research paper on management? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, land owners can supplement revenues on land use by other streams obtained through land leasing agreements between them and energy companies. Also, wind farms do play a key role in increasing the tax base for the rural communities. Preservation of Natural Resources Effective use of wind power by communities helps to preserve natural resources and non-renewable sources of energy. For instance, every time we use wind energy as an alternative source of energy, we end up saving a significant amount of coal, which is nonrenewable. In this regard, manufacture of many wind farms across the world would play a significant role in eliminating burning of coal to produce energy. This will not only help to preserve resources, but it will also be an effective way of minimizing air pollution caused by many nonrenewable energy resources. Disadvantages of Wind Power There is a range of disadvantages of wind power and below is a summary of some of the common ones as they are observed from va rious regions across the world, where the idea of wind power has been implemented. Wind Unreliability Factor As it would be observed, the strength of wind is never constant, and therefore cannot be relied upon to generate steady mechanical and electric energy for human and industry consumption. Moreover, the nature of wind will tend to vary with seasons and weather patterns, and this would have the meaning that people will have to go without power sometimes, especially when there are no strong winds to drive the turbines. Environmental Concerns The fact that wind power plants have no pollution effects to the air does not mean that they are 100 percent environment friendly. As a matter of fact, there are some concerns over the aesthetic impacts of wind turbines, the noise produced by rotating rotor blades, and birds being killed by the revolving rotors of the turbines. There have been constant claims from the wildlife department that wind turbines have affected the lifestyles of migr atory birds. More importantly, they have also contributed to high bird mortality in some regions. There have also been claims that, apart from slashing birds to death with the rotors, wind turbines can also cause explosion of batsââ¬â¢ lungs, thus leading to instant deaths of these nocturnal birds. According to Pedersen and Waye (2004), there is also a possibility of high rates of sound and air pollution as wind turbines during the assembling of the turbines. Even though some of these concerns have been resolved using modern technological developments, there are still many environment issues associated with the generation of wind energy in most regions. Supply and Transport Issues Wind is known to be intermittent. This means that, moving air would not be available all the time to generate the required levels of electricity for human consumption. This is actually one of the major challenges associated with wind as a source of energy. Moreover, wind energy cannot be stored for futu re use, and this brings many complications to people who rely on it as their main source of energy. Another common challenge here is that, not all types of winds can be used to meet the average electricity demands. On a further note, perfect wind sites are usually found in remote regions far from urban centers where the demands for electricity are very high. Another possible supply issue linked with wind energy is that, development of wind resources is likely to compete with other land uses which may be more valuable compared with the idea of power generation. Levels of Production/ Energy Density Generally, wind turbines generate less electric energy compared to hydro power stations and other alternative energy sources that are driven by fossil fuels. In this regard, multiple wind turbines will be required in a single wind farm in order to generate a reasonable amount of energy that would bring a significant impact to the communities. Petitions and Protests on Wind Farms Many people in the current world are not used to wind power. This, however, explains the many protests and petitions that are raised to confront any wind farm development plans raised in the modern world, especially in the developing countries, where people are less informed of the diverse benefits associated with this source energy. This strong opposition by environment conservationists and opponents of the wind power idea has been one of the many social issues that have continued to hinder the development of wind energy in most developing countries. Preservation of the Natural Form Large structures such as wind turbines usually donââ¬â¢t give a good picture of a place. As a matter of fact, many people, especially those who have the heart of preserving the environment, would tend to see these unsightly structures as spoilers of the landscape (Asif and Muneer, 2007). For these reasons, they would tend to remain adamant in ensuring that the natural beauty of the landscape is strictly retaine d for the benefits of humans and animals. Cost issues The initial cost for installation of wind turbines and maintenance of the entire wind farm is usually very high. This has continued to serve as a major obstacle in the development of wind power as a reliable alternative to fossil fuels and other sources of energy. National Security Study has revealed wind energy as a threat to national security. It has been observed that wind farm resources penetrate the RADAR coverage, thus confusing the system. This happens as the turbine blades rotate at very high speeds causing holes in the RADAR system. Even though there are ways to mitigate this problem, the damage can turn out being too heavy for the communities by the time it is identified and resolved. Relationship between Wind Power and the Environment Wind power is less pollutant to the environment compared to other renewable and non-renewable energy sources. The extraction, supply and processing of natural gas, coal and fossil fuels t o generate energy is likely to release pollutant substances to the atmosphere, thus bringing serious effects to living things and the environment. Unlike other sources of energy which are known to emit high levels of pollution to the environment, wind power is a pure energy source that canââ¬â¢t be associated with any form of pollution or nuclear waste, since it does not utilize fossil fuel. This, however, does not imply there are no negative environmental impacts that are associated with the generation of wind power. Even though wind is itself a pure source of energy, the process of converting the energy it generates to a useful form would require inclusion of energy which is in form of fossil fuel (Sahin, 2004). Moreover, the construction of wind farms requires removal of massive vegetation covers. One turbine, for instance, is said to require a clearance of about 3 to 5 acres of land. This means that vegetation on a wider area of land will have to be cleared to pave way for la rge scale wind farms. This massive deforestation is likely to bear serious long-term effects on the environment. A good example here is erosion of the soil, which may necessitate other more serious harms to the environment. Also, the constructions of wind farms at high altitudes to enable them gather more wind has come down with its own effects. As a result of this, many turbines have constantly failed owing to icing. This has often resulted to the application of de-icing substances on surfaces of the wind turbines as a way of combating the problem. The de-icing fluid is a compound of ethylene-glycol and propylene-glycol, both of which are toxic chemicals. According to Venkataraman and Elango (1998), the hazardous de-icing fluid is likely to contaminate the environment around the wind turbines, thus creating unfavorable conditions for humans, wildlife, and fish. The other common damage to the environment which may occur as a result of wind energy generation is the destruction of bat and bird populations as discussed in this paper. Based on observations from previous wind power reports, wind turbines practically have adverse impacts on wildlife and birds. Based on these observations, the generation of wind power is not 100 percent friendly to the environment, unlike what many people across the world would tend to presume. The Future of Wind Power Regardless of the numerous disadvantages and environmental impacts associated with wind power, it is still the most preferable alternative of nonrenewable sources of energy in the modern world where plans to adopt renewable sources of energy are rapidly taking shape (Hosansky, 2011). This is evident in countries such as China and the U.S., where the use of wind power is observed to be increasing at an overwhelming rate. Improvements on technological approaches and better generation ways have led to a steady decline of the overall cost of wind power over the last ten years. This, really, is another reason which is likel y to see the use of wind power across the world increase abundantly in the near future. Conclusion As it is observed in this report, wind energy, though a controversial matter when it comes to the extent by which it is friendly to the environment, is still one of the fastest-growing renewable sources of energy across the world. Wind power, just like any other source of energy, comprises of both benefits and disadvantages, all of which seem to have a significant impact on this renewable source of energy. Wind power is not hundred percent friendly to the environment as it is observed in this paper, where a number of arguments have been highlighted to support the claim. However, as a pure, renewable source of energy having minimal effects on the environment, wind power is the most appropriate source of energy that can be used to replace nonrenewable sources of energy such fossil fuel and coal, which are known to have immense impacts on the environment. References Asif, M., Muneer, T. (2007). Energy supply, its demand and security issues for developed and emerging economies. Renewable and Sustainable Energyà Reviews, 11(7), 138-141. Chen, Z., Guerrero, J., Blaabjerg, F. (2009). A review of the state of the art of power electronics for wind turbines. Power Electronics, 24(8), 185-187. Hosansky, D. (2011). Wind Power: Is wind energy good for the environment?à Researcher, 21(13), 281-312. Jaramillo, O., Borja, M., Huacuz, J. (2004). Using hydropower to complement wind energy: a hybrid system to provide firm power. Renewable Energy, 29(11), 188-190. Joselin H., Iniyan, S., Sreevalsan, E., Rajapandian, S. (2007). A review of wind energy technologies. Renewable Sustainable Energy Reviews, 11(6), 111- 114. Pedersen, E., Waye, K. (2004). Perception and annoyance due to wind turbine noise.à The Journal of the Acoustical Society of America, 17(116), 346-350. Sahin, A. (2004). Progress and recent trends in wind energy. Progress in Energy andà Combustion Science , 30(5), 50-54. Venkataraman, B and Elango, D. (1998). Renewable Energy Sources. Hindustanà College of Engineering, 17(5), 16-19.
Tuesday, November 5, 2019
Aristotle on the Mixed Form of Government in Sparta
Aristotle on the Mixed Form of Government in Sparta Aristotle, inà On the Lacedaemonian Constitution- a section ofà The Politics- says that some claim Spartas system of government included monarchical, oligarchic and democratic components. The Lacedaemonian [Spartan] constitution is defective in another point; I mean the Ephoralty. This magistracy has authority in the highest matters, but the Ephors are chosen from the whole people, and so the office is apt to fall into the hands of very poor men, who, being badly off, are open to bribes.- Aristotle Monarchical In the monarchical system two kings- hereditary monarchs, one from each of the Agiad and Eurypontid families- had priestly obligations and the power to make war (although by the time of the Persian Wars, the kings power to make war was restricted). Oligarchic The kings were automatic members of the Gerousia, the council of 28 elders picked for life plus the two kings. Five ephors, chosen annually by popular election, had the main power. Democratic The final component was the assembly, made up of all Spartiates- full Spartan citizens- over 18. Aristotle on the Poor In the quoted passage on the government of Sparta, Aristotle disapproves of government run by poor people. He thinks they would take bribes. This is striking for two reasons: that he would think the rich were not susceptible to bribes, and that he approves of government by the elite, something people in modern democracies tend to disapprove. Why would such a well-educated, brilliant thinker believe there was a difference between the rich and poor? Sources Chronology of Early SpartaAncient History SourcebookThe Ephors of Spartaà Herodotus on the Kings of Sparta C 430 BCEThe Kings of SpartaPeriegesis Hellados IIIThe Spartan SystemThomas Martin OverviewXenophon: Constitution of the Lacedaemonians 13.1ff andà à 8.3
Sunday, November 3, 2019
What is Knowledge Empirical And Logical Reasons Why I Believe That My Essay
What is Knowledge Empirical And Logical Reasons Why I Believe That My Mother Loves Me - Essay Example Thus, knowledge is described as the theoretical or practical understanding of a subject. The difference between the two concepts is quite obvious but it requires a deeper insight to notice it. Cline (2003) believes that knowledge is mainly based on empiricism, which is, knowledge that comes from experiencing the physical world as well reason which is knowledge that comes from logic. Both concepts are applicable in as far as the concept of knowledge is concerned. As such, this paper is going to reflect on my personal understanding of the concept of knowledge. The paper mainly draws from my personal experience I have gained from my mother whom I believe loves me so much. The paper will outline three empirical reasons as well as three logical reasons why I believe that my mother loves me. I strongly believe that my mother loves me because she always shows concern about my life. My mother always tells me to be careful to avoid hurting myself. From a very tender age, my mother would tell me to avoid playing with certain things since I could get injured from that practice. For instance, she would tell me to avoid playing with sharp objects or fire since I could be injured. ... Indeed, I have witnessed some of these changes and that did not surprise me since I had already gained valuable knowledge about such things from my mother. A person who tells you the truth about different aspects of life shows that he or she loves you. The other reason why I believe that my mother loves me is that she is always there for me and she shows this affection which has helped to form a strong bond between the two of us. Different philosophical studies have shown that the closeness between the child and the mother is very important for the social, emotional and psychological growth of the child. I can safely say that my mother has been my mentor, provider and companion whom I feel very free to confide in. I can discuss any subject of concern to me with my mother and I feel very free to open up my views and opinions to my mother. She is also accommodative to my views and this is the reason why I believe that she loves me. There are different logical reasons that make me belie ve that my mother loves me. For instance, she always emphasises on the aspect of social behaviour. She told me that it is important to socialise with others in a positive manner in order to gain their respect and recognition in society. The power of logic comes into play in this case where an individual is compelled to behave in a certain manner in order to fit in well in the society. By virtue of using logical reasoning, I have realised that you can make many friends who can give you meaningful advice in society. It is also easy to gain other peopleââ¬â¢s respect if one uses logical reasoning that is based on mutual understanding. We have different perceptions about the world around us so I have realised that it is important to accommodate
Friday, November 1, 2019
Opinonated Questions Essay Example | Topics and Well Written Essays - 250 words
Opinonated Questions - Essay Example There is no communication that occurs between the 99 % on Wall Street and the 1 % that are heavily burdened by the economic times (Eagle, 2005). They are in the real sense creating losses and a cumbersome time for fellow citizens. These are the ones that are situated in strategic business centres trying to earn a living. Their businesses incur huge losses that require compensation. Each and every person has a different understanding in any situation. Dissent is normal in each and every situation. It is necessary to ensure that any situation that brings about dissent is analyzed clearly. Analysis involves thorough research to the dissenting views. They are discussed and the best ideas formulated (Tushnet, 2008). Dissent cannot be hashed. This is because it will bring about rebellion and the dictatorial tendencies that are a result of the quieting of dissents. The Supreme Court, just like any other entity should allow the dissenting voices to present their voices of reason (Wright, 2007). This should always be supported by logical observations, laws and expectations. Many great ideologies are a result of people who went against the grain of the status quo. This was by voicing their dissents and their reasons. Their success was based on the forum to voice and discuss their issue is a calm forum (Sunstein,
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