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Search results 26281 - 26290 of 30573 matching essays
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26281: Efficient Market Theory: A Contradiction of Terms
... misled by a company that uses the market system against itself. AOL, up until early November of this year, used an accounting system that effectively "cooked their books" and provided misleading figures on the company's performance. Instead of accounting for its promotion expenses and costs as a regular expense, as normal companies do, AOL spread them over two years. This let AOL report annual profits based on revenue figures derived ... charge of $385 million for the "deferred" promotion costs. This effectively negated all profits reported by the company over the years and put them in a negative net cash flow situation. As a result, AOL's stock is currently listed at 35 ª, down from a high of 71 in May. This example clearly outlines a major flaw in Efficient Market Theory: If EMT relies heavily on information as the basis ... public information did finally force AOL into disclosing the ruse and changing its accounting practices, and coincidentally, lower the stock value to its true worth. The argument that Efficient Market Theory was working in AOL's case is that the investors were protected from precipitous loss because the system adjusted the stock price to reflect the actual value of AOL stock. The previously high price did indicate the value of ...
26282: A Christmas Memory
... For instance, at one point Capote writes: "Enter: two relatives. Very angry." It is as if the story is a play and he is the director telling the reader how to interpret the scenes. Capote’s description of things is also different from the typical person’s description. For example, to the laymen, the sun is a big, bright, shiny ball of fire. To Capote, the sun rises "…round as orange and orange as hot weather moons, balanc[ing] on the horizon ... has not ventured outside her hometown reveals a secret of life few ever realize. The kites that they give each other each year represent a life of simple pleasures, when things were easier in Capote’s world. This is why, in the end, Capote walks across the campus of his school remembering days gone by, longing for the past, and searching for, again, the simpler things in life and the ...
26283: Originality of Philosophy
... truth. One way to get a vague idea as to what philosophy is about is to dissect the subject and investigate its skeleton. there are many branches in philosophy. Metaphysics is”(after- physics, after Aristotle's book of physics.)”, and has questions about the nature of time, categories of existence, including god. Epistemology asks what is knowledge? what is the difference between knowledge, belief and opinion? Can we really know anything ... with signals that your brain interpreted as sights, sounds, smells and so on. The question is, would you were just a brain in a vat at all, if the illusion was perfect, and they didn't tell you? How would you know? How do you know that the world out there really exists? The category of Relativism deals with the idea that there are many ways in which to see the ...
26284: Teenagers
... the rules and teachings of the adult world without a complaint or rejection. One will most likely find a "conservative" teen in the front of the classroom trying to get as close to the teacher's desk as possible. One will find that this person is usually quite timid and quiet the majority of the time. The description of any of these abstract creatures is quite difficult because of the vast difference in each one's features. These beings may range from 3 feet in height up to around 7 feet. They can be either tall, fat, thin, short, ugly, attractive, intelligent, slow, fast, responsible, irresponsable or a variety of several ... are ready to handle it all and take on the world with their "vast knowledge of life". Although teens are far from perfect, they are still not treated to the best of the older generation's ability. The average teenager is "abused" by their elders. Teens are forced to do miscellaneous odd jobs not respectable to the human race. One may find a teenager doing such degradable chores ranging from ...
26285: Modern Economic Theories
... founder of Keynesian economic theory was John Maynard Keynes. He made many great accomplishments during his time and probably his greatest was what he did for America in its hour of need. During the 1920's, the U.S. experienced a stock market crash of enormous proportions which crippled the economy for years. Keynes knew that to recover as soon as possible, the government had to intervene and put a decrease on taxes along ... the Supply Side theory was applied in excess during a period in which it was not completely necessary. The Supply Side theory, also known as Reganomics, was initiated during the Regan administration. During the 1970's, the state and local governments increased sales and excise taxes. These taxes were passed from business to business and finally to the customer, resulting in higher prices. Along with raised taxes for the middle ...
26286: The National Debt
... country into debt. Then came war, the end of the depression, and the Eisenhower times. The debt kept on growing so new president Lyndon Johnson developed new social welfare programs- Medicare, and Medicaid. The U.S. Government came up with the gold standard and stopped minting silver coins. The coins were then made from scrap pieces of metal and the cash became paper. Richard Nixon and Gerald Ford passed the debt ... side” and “trickle down” economics. “Corporate welfare prospered again, financed by more debt. “Between the years 1980 and 1990, the national debt quadrupled. In 1980, it was at approximately eight hundred billion dollars. Now it's five trillion dollars and increasing rapidly.” To worsen matters republican presidential nominee, Bob Dole says that he wants to finish what Reagan began. Entitlemens and Handouts: Before 1930, all government spending in america totalled at about 11% of all spending. Now in 1996 it's 44% and still growing. Most of the money the federal government spends goes to entitlements. Entitlements are directed government checks to individuals. Social security is the biggest entitlement and the biggest item in our ...
26287: The Test Of Salem
... Salem The Crucible is a play, which brings attention to many timeless issues. The nature of good and evil, power and its corruption, honor and integrity and irony are all brought up in Arthur Miller s The Crucible. Irony what doe sit men? Irony means incongruity between what is expected to happen and what actually occurs. In The Crucible there are three different aspects of irony. Irony is present through many ... no. By these couple of scenes in the story it shows how irony can change the outcome of the story. Another example of irony in the story is when Abigail is trying to kill Proctor s wife by accusing her of witchcraft but instead gets Proctor killed. Abigail is in love with John Proctor in the story and the whole point of Abigail being in the woods is to make a ... Hale is saying that who ever he tries to help in the town that person ends up being accused of witchcraft. Hale tries to help John Proctor but instead of helping him find out what s going on in Salem, John and his wife end up being accused of witchcraft and John is hung for it. In the play irony is very critical to plot and the mood changes of ...
26288: Christopher Columbus
... negative. People all over the world celebrate Columbus Day, because of his achievements, and success in finding the "New World". Although, many people revel in his glory, their are facts that infer that Columbus wasn't as admirable as people think of him. In 1892, Columbus was a hero, virtually everyone praised him. On the contrary in 1992, revisionists who are delving into archives, are uncovering the negative aspects of his ... because they had an assumed air of superiority. Columbus has been the all-time heroic figure portayed by people of 1862, they viewed him as a man of great and inventive genius. Columbus in today's perception is a grasping fortune hunter, an incompetent governor of the "New World" colonies, those fame to the Indians he "discovered" was plunder, servitude, and death. Columbus is like Hitler to a greater extent, in ...
26289: Socrates: Psychic Harmony Is The Greatest Good
... and leads to irrational behavior. Psychic harmony is a psychological condition and makes one moral, which according to Socrates is a social condition. Psychic harmony has no motivation. You either have it or you don't. Moral behavior comes from your own beliefs and desires. If one is bad or unjust in the social sense it is because of their sensuality, greed, or vanity. This is because of a disordered psychological ... harmony," the motives for injustice in the social sense will be eliminated. I believe that Socrates is correct. If you are at peace with yourself you are also morally right towards society. Those that aren't are usually immoral and don't do what is considered right by others. I do not think it is possible to be in psychic harmony and yet act immoral. It may be possible, however, that if one is immoral, and ...
26290: Clinton Vs. Nixon
... become the subjects of public mockery and have been an embarrassment to the American people in the office of the President. Moreover, both men have been involved in humiliating situations. Although, of all the correlation s these Presidents share, they also have a few contrasting elements. President Clinton and Nixon committed different categories of crime. In fact, Clinton s nature of the crime was sexual rather than criminal self-indulgent; thus, Nixon self indulgent rather than sexual. The two Presidents also have different methods of upholding the US economy and fighting inflation. For instance ... both the Presidents made historic marks in history. For example, in February 1972 Nixon made a historic trip to Beijing (Peking)--where he was received by Mao Zedong (Mao Tse-tung)--thus reversing the U.S. policy of not recognizing the Communist government. The Clinton administration also took a more decisive role in 1995 in assisting the peace process between Israel and its Arab neighbors and in brokering a truce ...


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