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Wednesday, January 29, 2020

High School and Different Political Changes Essay Example for Free

High School and Different Political Changes Essay In chapter 9 of Assault on Paradise Kottak discusses the different political changes that Arembepe went through as well as how it affected the villager’s everyday life, and how it could possibly change the way Arembepeiros live in the future and effect their future generations. Throughout the chapter Kottak discusses many things, but he hits on about 4 main topics, Welfare and Education, Public Health, Marriage and the State, and the sex Ratio and Female status. In the beginning of the Chapter Kottak describes that the Arembepian government lowered the age that people needed to be to be eligible for government pensions. They lowered the age from 65 to 60. This may seem like a small change but it actually can have a large effect on the government’s ability to pay for it. When looked at in comparison to the United States’ social security, one could see that 5 years could add a large amount of people taking away from the â€Å"pot† essentially. This could cause serious problems in the United States, so this is surprising to see this type of change in such a small and not so wealthy ethnic group. This is an example of Arembepe becoming a larger, more contributing society, or it even becoming a state of its own. The second political change that Arembepe went through was a national census. This was something that was very big for Arembepe; this pretty much solidified it as a state. Kottak explained that â€Å"the head of statistical services for the municipality told [him] about the plans for the national census. Scheduled to begin in September 1980.† (Kottak 130) In the early 1960s Arembepe was just a small tribe it seemed like, they had come so far. They now had town centers, one-way and two-way streets, supermarkets, a commercial center, several pharmacies, doctors’ offices, labs, and even other medical services! This was a completely different place than it had been just a few decades earlier. Another politic al change that occurred was that people now had to pay licensing fees to the municipality for their stores, bars, and restaurants. This was also a big deal, it seemed that all of the things Kottak states in the chapter up to this point all solidify the validity of Arembepe as a state, and even a nation. This new licensing was also a big contrast from the 1960s when only the owners of the two largest stores had to pay those fees. â€Å"Municipal officials inspected weights and measures, and there was regular mail delivery. The streets had formal names, street signs, and house numbers.† (Kottak 131) All of these are examples of just how much Arembepe had grown and how legitimized it was becoming. Now the rest of Brazil was seeing it in a different light. They were â€Å"pulling their own weight† now, essentially. They were being a contributing member, or a contributing band, to a much larger state. Documents that were never required before were, and are not required. â€Å"Full names were used in legal documents, and people were more familiar with the last names of fellow villagers. Most adults now had identity papers.† (Kottak 131) They were becoming a much more organized and legitimate society. Kottak even explained in the chapter that once they started using these documents that you could in fact be penalized, and even jailed if they were stopped by police and did not have a valid ID. Another pattern that the Arembepe people were doing was joining the armed forces. It was almost like â€Å"the thing to do,† or at least it was becoming that. Kottak explained that â€Å"after junior high school, many local boys now presented themselves to the army, air force, or navy.† (Kottak 131) He also explained that joining the military was almost something that was just done, almost an unsaid thing. Like getting married, or wearing socks. You just do it because your parents did it, and your friends do it. It is just part of their culture. It is almost like a diffusion of American culture. Or at least how American culture used to be. Kottak also explains that when you do join the armed forces in Arembepe and you are released, or leave. You have a better chance of getting a job, sometimes even a better job than those who weren’t in the armed forces. The fourth, and possibly the most important political change Arembepe went through was the Basic Education Reform Law of 1971. This law was extremely important to Arembepe because it mandated 8 years of education (in primary and junior high school). â€Å"The new law also set a national core curriculum of general studies, including practical courses to determine vocational aptitudes in grades five through eight,† Kottak explained on page 131. Kottak also describes that the main reason that they instituted this because they wanted to prepare these children, or young adults, for the workforce and employment. They had a new junior high school and two elementary schools, which had five competent teachers. By 1980, Arembepe had really buckled down on education. It was taken much more seriously and was given much more money. By this time they had to wear uniforms, pay fees, and buy books and supplies. Public health is the fifth political change Arembepe went through. They had improved a little bit but not by much. There was a clinic that was set up in Arembepe but the practicing doctor was only there 2 days a week. There were 2 nurses that were staffed. If there was an emergency the Arembepe people had to go to the Tibras, the city hospital. Sanitation problems still existed although they were trying to make it better. Arembepe was just very far behind in many things, but still had come a long way. Overall they were becoming a much more valid city, and state. From reading the beginning chapters to what they had changed they have been successful in many things. Although they still had a long way to go, they had come a long way from where they had started. When the government became more involved in Arembepe it really did a lot for the people there.

Tuesday, January 21, 2020

Comparing the Intelligence of Women in Shelleys Frankenstein and Gould

Intelligence of Women in Shelley's Frankenstein and Gould's Women's Brains      Ã‚   Throughout history, women have always aimed for a recognized place in society. Centuries ago, people looked at the role of women in society as being sociologically inferior. Seeing the revival of the Feminist movement, which boldly opposes the stereotypical characteristics of women in society, on one hand, and promotes the elevation of women's status in society, on the other, one would not find it hard to believe the drastic differences in opinion of people on this issue. What is amazing is how these differences reflect upon scholarly works in science.      Ã‚  Ã‚  Ã‚  Ã‚   For example, in a play titled Frankenstein, based on a novel by Mary Shelley, Elizabeth Frankenstein is depicted as a woman of perfect and well-rounded personality in society. Taking into consideration that the novel was written in the 1817, when women were not even accepted as students in universities, as shown in the film, Mary Shelley presents Elizabeth Frankenstein both as a creative writer and a loving wife. Elizabeth   has deliberately symbolized Shelley's expectations of an independent woman. She is represented as intelligent, a creative writer, just like Mary Shelley herself, and a loving, caring and supporting wife. Also, in the novel, Elizabeth is portrayed as the type of woman, who always wants to strike a balance between work and family life. That is why, in her letters to Victor Frankenstein, she always reminds him to keep in touch with his family and write back to her. Mary Shelley's plot of portraying Elizabeth as a successful writer as shown in the film, a profession, then rather unusual for a woman and almost entirely dominated by males, suggest... ...e recognition, which Mary Shelley had always longed for in the nineteenth century.       Works Cited    Frankenstein by Mary Shelley. A play by Nick DiMartino, Direct. Moses Goldberg. Narr. Professor McNamar. Global Stage Production. WLIW21 Presentation. Class Movie.   HSS 100-022. Spring Semester, February 18, 2002. Gould, Stephen J. "Women's Brains." Fields of Reading. 6th ed. Ed. Nancy R. Comley et al. New York: St. Martin's, 2001. India, Sehat. "Women Are Biologically Superior to Men, Say Doctors." http://www.sehatindia.com/NEWS3.HTM Martin, Emily. "The Egg and the Sperm." Fields of Reading. 6th ed. Ed. Nancy R. Comley et al. New York: St. Martin's, 2001. Shelley, Mary.   "From   Frankenstein."   The Example of Science.   Ed. Robert E Lynch and Thomas B. Swanzey.   New York: Pearson Publishing, 2000.   152-156. Sohail 2   

Monday, January 13, 2020

Dimensional Fund Advisors Case Analysis Essay

1)DFA’s investment strategy is based on their belief in the principle that stock market is efficient. They attempt to match a broad-based, value-weighted small-stock index and position themselves in the market as a passive fund manager that still claimed to add value by capturing specific dimensions of risks identified by financial science. DFA’s investment strategy incorporates elements of both passive and active management. It is passive in the sense that like many other index managers, it focuses on the importance of diversification, lower turnover and lower fees than actively managed portfolios. It is active in the sense that it develops its small-value stock focus based on academic research and uses certain techniques (such as its unique trading method in obtaining discounts and lower transaction cost) to contribute to a fund’s profits eve when the investment is inherently passive. 2)DFA’s clients are mainly major institutions (including corporate, government, union pension funds, college endowments and charities) and high-net-worth individuals. The main concern of their existing clients is potential high costs due to illiquid nature of many DFA holdings. DFA’s new product is a family of funds managed to reduce tax payments and the new clients it tries to serve are investors who are eventual taxpayers on any taxable flower received by a DFA fund they hold. To serve this new client base, DFA needs to continue its strength in keeping trading costs low and focus on reducing the taxes paid by clients. Some new issues that DFA will face include the complication of tax-optimization (such as handling the trade-off between putting more weight on non dividend-paying stocks and assuming more portfolio tracking error and volatility) as well as the possibility that tax management may lead to higher transactions costs. 3)Based on information given in the case, DFA accepts semi-form efficiency which indicates that stock prices fully reflect all past prices and all publicly available information. DFA’s trading strategies reflects that it felt that on average the market price correctly incorporated all public information, so it is only concerned about whether there is negative private information known to the seller of the block of stocks but not to the market. DFA’s trading strategy such as avoiding stocks if news  announcements are coming in the near future or if stock has recently reported sales by insiders reflect a belief that stock prices can potentially not reflect all private information. DFA also does not accept the weak-form efficient because if stock prices only reflect all information in past prices, they would see the value of performance fundamental analysis of the firm they are looking at (but the case indicates that DFA does not performance fundamental analysis). 4)Fama and French’s three factor model attempts to explain the variation of stock prices through a multifactor model that includes a size factor and BE/ME factor in addition to the beta risk factor. Fama-French model essentially extended the CAPM (which breaks up cause of variation of stock price into systematic risk which is non-diversifiable and idiosyncratic risk which is diversifiable) by introducing these two additional factors. Fama and French find that stocks with high beta didn’t have consistently higher returns than stocks with low beta and this indicates that beta was not a useful measure under their model. Their model is based on research findings that sensitivity of movements of the size and BE/ME factor constituted risk, and therefore risks associated with small companies and risks associated with high BE/ME companies in addition to beta risk explain a great deal of the variation of stock prices. The two factors in Fama-French model(company size and company BE/ME)are both firm specific risk and not market related risk, and it would appear that DFA (which base a lot of their strategies on this type of academic research) is not utilizing macroeconomic variables. However, as Fama and French argued, these factors explained so much of the common variation in stocks that they essentially capture sensitivity to risk factors related to macroeconomic variables. Therefore, not directly using macroeconomic variables (which is inherently hard to find or predict), but using the size and BE/ME factor may be a better way to represent certain types of market risk. In addition, because DFA is positioned as a passive manager that adds value, its goal then would not be to beat the market, but to follow it with the belief that in the long run indices will perform better than active strategies (which may focus on designing products that addresses macroeconomic variables such as market timing, etc ). 5)The efficient market enthusiasts believe that small stocks will outperform large  ones, and stocks with high BE/ME will generate higher returns than stocks with low BE/ME. On the other hand, behaviorists believe that the size and value premia is not always true, and there are several variable factors need to be considered. For example, in the early 1980s, when the US went into a recession, the small companies were particularly performed poorly, even when the economy and stock market rebounded after a decade, those small stocks still continued to lag.Also, by late 1990s, value stocks’ return was surpassed by the spectacular performance of growth stocks due to the high-tech stocks with very high market capitalization and relatively low assets. However, DFA believes in the efficient market theory, they prefer small stocks over large ones and value stocks over growth stocks. 6)DFA should justify its belief by stating that although the systematic risk would cause certain efficient market theories to bereversed during such times (large stocks outperform small stocks; growth stocks outperform value stocks), the market efficient theory will eventually prevailin the long-run based on the historical data done by Fama and French. Other than the market efficient theory, DFA also believes in two other principles: the value of sound academic research and the ability of skilled traders. Those two factors can contribute to fund’s profits. Because of DFA’s ability to excel in those two areas, they believe that they can provide more value even in efficient market environment. 7)Trading costs associated with small and value stocks include illiquidity and adverse selection problems. To be more specific, the illiquidity of small stocks may cause the stock price move substantially when a purchased is made. Also, the information asymmetry may also result in the adverse selection problem. DFA manages the small stocks illiquidity problems by using block trade to extract a discount on a stock purchase, thus creating value for the clients. In addition,to avoid the adverse selection problems, DFA’s traders follow several steps: 1) DFA will not buy a stock if the target company is going to make major announcement. 2) DFA will leverage the research system to avoid stocks that are more likely to have negative prices in the near future. 3) DFA avoids stocks that have recently reported sales by insiders. 4) DFA pays attention to its sellers and the nature of stock  block they traded. 8)It’s not an embarrassment for DFA when small stocks underperformed large stocks in the mid of 1980s. Because systematic events can’t be possibly avoided. In fact, DFA’s small stocks portfolio outperformed other small stocks investing competitors during the recession. This suggests that DFA’s focused principles in academic research and traders’ ability are adding value to its investors. Besides, this event alone doesn’t prove either rational or behavioral explanation is more likely since the recession is a one-off event. Therefore, DFA should not abandon its small stocks strategy because in the long run the trend is more likely to reverse itself. Even if small stocks were to continue to outperform large stocks for another decade, DFA could still provide value then other small stock investment fund. And as more fund are trading on large stock, the benefit of return on large stock may eventually goes away, making small stock.

Saturday, January 4, 2020

The Golden State Of Mind Is Dried And Cracked - 1687 Words

The Golden State of Mind is Dried And Cracked It’s hard to imagine what life would be like without easily accessible and plentiful water. Humans use water in many different ways for a number of important reasons, so the current drought that’s taking place in California is a big deal. Last year, during an outdoor speech, California governor Jerry Brown made this statement: Today we are standing on dry grass where there should be five feet of snow. This historic drought demands unprecedented action, therefore, I m issuing an executive order mandating substantial water reductions across our state†. California is home to 27 million acres of farmland and 38 million people, so this problem is widespread and could be devastating nationwide. Everyone from farmers in somewhat rural areas, to residents in the middle of huge cities feel the repercussions of the drought. The issue at hand is very complex and multidimensional, but can be thoroughly explained by answering these key questions: What is happening? Why is this important? What is being done to solve this issue? What can still be done to solve this issue? The drought is a huge problem that won’t go away without certain changes, so understanding the various aspects of California’s current drought is the only way to fix what could be a catastrophe for the entire nation. What is Happening? According to the United States Geological Survey, California is currently in its fifth year of severe drought. A drought is when rainfallShow MoreRelatedSymbolic Analysis on Pauls Case4941 Words   |  20 Pagesdone and wished he had done. Cather shows that life is precious and most people have a hard time appreciating the good things in life until they reach their end. Cather also expresses the horrific regret of committing suicide even in the worst mental states. 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