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The usefulness of theories
Theorists and Their Theories
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Paul Krugman's The Accidental Theorist
In the piece entitled Four Percent Follies from The Accidental Theorist Krugman discusses how some people think Alan Greenspan should let the economy grow faster. Four Percenters, those against Greenspan, feel that he is not putting enough currency into circulation therefore slowing growth. If more money is put into the economy then it will grow faster but if too much is put in, inflation will occur. Also, they feel that this will remedy the low rate of unemployment which will soon cause inflation to spiral upward if it continues to decrease below the standard 6%. Adam Smith would surely understand the Four Percenter’s plea. He would want the economy to be free from too much government control.
Greenspan is abusing his place and should let the currency flow into the market rather then hold back. Sure, Smith would say some mediation is necessary to keep too much money from pouring in so inflation doesn’t occur. Smith believes that the economy should be free from the government yet the government should still silently oversee it to prevent any problems. Greenspan is preventing problems but is being too cautious and Smith would want him to let more currency into our market but still keep it from getting out of control. My view on this matter is quite similar to that of Adam Smith’s view on the matter. I also feel that an economy should be allowed to flourish and grow to its fullest capacity. As the article illustrates, inserting more money into the economy will certainly cause the economy to grow and also help fix the unemployment rate. So I feel that Greenspan should loosen his control over the money and let more currency be distributed into the economy.
But I also feel that it is very important that Greenspan maintains a watchful eye over this inserting of money into the economy. His job is to keep the economy prosperous and safe. So while he must let more money flow he still must be sure to keep too much money from entering our market.
In “Hidden Intellectualism,” Gerald Graff pens an impressive argument wrought from personal experience, wisdom and heart. In his essay, Graff argues that street smarts have intellectual potential. A simple gem of wisdom, yet one that remains hidden beneath a sea of academic tradition. However, Graff navigates the reader through this ponderous sea with near perfection.
In the article “Reading and Thought” the author Dwight MacDonald provides criticism and disagreement with Henry Luce’s idea of “functional curiosity”. Luce developed the term “functional curiosity” defining it as an eagerness of people to know the latest news happening around the world. On the other hand, MacDonald concludes that functional curiosity only strengthens reader’s practice in reading rather than in providing invaluable information. He underlines that literature nowadays is deficient and insubstantial since there is no deep meaning in the texts. Modern printed literature is simply being skimmed through by the reader as the reader nowadays tends to avoid too much information resisting thinking in such a way. Because of the new nature of the printed materials, MacDonald considers today’s reading behavior and the way people think as flimsy and indifferent. I agree that our thought has definitively changed since we are paying less time to serious critical thinking losing connections with society and awareness of it.
The Xbox One is my personal favorite gaming system. The reason the Xbox One is my favorite is because I have been a loyal Xbox user for 5 Years now and I cannot think of using any other system then the Xbox, it would feel like I was cheating on my wife. Enough about me and my personal opinion though, let’s dive into the specifics of the Xbox One! The Xbox One is exactly $400.99 US dollars at your local Best Buy Store. When you buy the Xbox One Don’t only get the console but you also get the Kinect and a controller. We will get more in depth with the Kinect and the controller later but right now I would like to focus on the console. The Exact dimensions of the Xbox One are (LxWxH): 13.1" x 10.8" x 3.1" / 33.3cm x 27.4cm x 7.9cm. If at this moment your like, John I don’t know how to read dimensions, that’s ok let me simplify it for you, it is a very sleek and compact machine. Here are the basic specs of the Xbox One. It has a 8GB DDR3 system memory 5GB’s of that memory you can use toward you games, the other 3GB’s are used for the console’s operating system...
Those Yoruba’s who have traveled out of their culture to different parts of the world happen to be the ones among them who believe in western medicine. Furthermore, they traditional Rural Yoruba’s do not actually trust the western medicine. In the rural parts of the Yoruba culture, western medicine is seen as a challenge to gods, and also a threat to their culture. The Traditional rural Yoruba’s don’t believe that any other medicine can cure any sickness that their traditional medicine could not cure. Which makes them to see the western medicine intimidating. The Yoruba’s are the main ethnic group in the states of Ekiti, Lagos, Ogun, Ondo, Osun, and Oyo, which are subdivisions of Nigeria; they also constitute a sizable proportion of Kwara and Kogi States as well as Edo State (Yoruba People, 2010).
The Microsoft Xbox has powerful components within that overpower any other console, including its CPU or it’s Central Processing Unit. The Xbox runs an Intel Pentium III 733-megahertz (MHz) processor. This is a lot more powerful than Nintendo Gamecube’s IBM Power PC 485-megahertz Gekko chip processor and even lower the Sony Playstation 2’s 128 bit “Emotion Engine” which is clocked around 294-megahertz. A few more components that make this console far superior to any other is its graphics processor, or GPU, which stands for Graphic Processing Unit. Microsoft had teamed up with Nvidia to create a chip that was made especially for the Xbox. The computer-based company ‘s 250-megahertz chip gives the console an amazing resolution of 1920x1080 pixels and 125 Million Polygons per Second. Sixty four- (64) megabytes (Mb) of DDRam back all this up, for great non-glitch games and smooth running. Nintendo also has a computer-based company teaming up with them to create the 162-megahertz ATI Flipper GPU Chip. This chip can only handle around 6-12 Million polygons a second and is only backed up by 43-megabytes of DDRam.
The philosophy and practice is composed of many different systems of traditional medicine, which are all influenced by prevailing conditions, environment, and geographic area within, where it first evolved into WHO (2005). Although it is a common
The Federal Reserve System is a board made up with seven members. These people make the big economic decision with American interest’s rates and is reasonable to print money for the government. For Americans it is imperative when the country falls into a recession. The American people need to be open to policy change and the government needs to help the people by following their own fiscal projections so the economy can move forward to help stabilize the economy and overall economic
Using cultural re-patterning by nurses is very important in order to works with a patient by helping him/her to change his/her cultural practices that are harmful. For example, a patient comes from a culture that values the use of herbs, a nurse needs to negotiate abstinence from particular herbs that can cause adverse effects. In some places in Nigeria, especially the rural area, people believe that the symptom of high fever and chills (often referred to as malaria) is triggered and caused by staying under the sun and too much oil in one 's body. Instead of seeking orthodox medicine, they believe in restrain the individual from going in the sun and also from taking much oil in order to attain cure. They also value and rely on the effectiveness of herbs such as “dogoyaro” in the treatment of malaria. These practices in one way or the other keeps the morbidity and mortality of malaria very high in Nigeria. Evidence-based practices have shown the risks and adverse effects of the herbal usage to the health
The existence of life – Aliens, beyond our planet has been a controversial topic for several centuries, and is a debatable issue even today in the 21st century. What is our topic you may ask? Aliens, Do, Exist. According to theoretical physicist, Stephen Hawking, it would be improbable for life not to exist somewhere other than Earth. This is a bold claim, but there is evidence to support this statement. The evidence we seek is in the many Alien occurrences we have experienced throughout human history.
...’s smartphones charge premium price by providing high quality products along with new innovative features. However, Apple failed to add new innovative features while introducing iPhone 5; this disappointed many customers. Even though the sales of iPhone 5 had a significant increase compare to previous iPhones, the global market share of smartphone operating system shows IOS was decreasing while Android was increasing sharply.
Over the years there has been questions that people are asking if we are alone. Scientists have been seeking evidence of extraterrestrial life in the past half century. There have been many sightings of unidentified flying objects (UFOs) seen by the people around the world. Scientists state that intelligent extraterrestrial life almost certainly exists.
...eople inside before running out and killing one woman nearby. After a police chase, Stawicki shot himself (“We could see this coming”). If Stawicki had gotten help before he would have been better off and maybe this shooting could have been avoided. Many examples show that the government could put in safety nets and could avoid many of these killings.
With all the hype surrounding the iPod post its introduction into the electronics market, it should be of no surprise that iPod’s unmatched demand for such distinct music management tool would lead Apple to add iPod’s features to the most sold electronic device to date: the cell phone. Thus, you get a hybrid called the iPhone. This highly anticipated electronic trend setter without fault had numbers of people waiting in line at the Apple store in New York; iPod fans want to be among the first to explore some of the most innovative phone features to date. Among those features you will find a 3.5 inch touch screen (the largest of all smart phones), Wi-Fi connectivity, the most usage time of all smart phones, i.e. talk time, internet use, or video playback, and many more impressive characteristics. The iPhone has, thereby, revolutionized the cell phone industry to become a potential best designed and most admired phone of the decade.
Apple has launched some of the most iconic pieces of technology in the 21st century. They have not only repeatedly been named the top technology company in the world, but have also been named the World’s Most Valuable Company dozens of times. Currently, it is ranked at number two as it trades the title back and forth with Google/Alphabet consistently. A global valuation of over $700 million makes Apple a major driver in the global economy through both sales and product manufacturing. Although a technology giant, Apple does not have a massive portfolio of product offerings, instead focusing on upgrading products within its current market segments. The iPhone is one such product and it has quickly become a symbol of all things Apple with global
Batra, Ravi. Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy. New York, NY: Palgrave Macmillan, 2005.