Macroeconomics of Brexit Motivated Reasoning

Question: Discuss about the Macroeconomics of Brexit for Motivated Reasoning. Answer: Introduction: For some time now, economists have been arguing about the potential effects of Brexit. While some strongly believe that it will adversely affect the economy of UK in the long run, others propose that the move may be beneficial for the economy over time. According to the article The Macroeconomics of Brexit: Motivated Reasoning? the claims presented by a majority of economists do not follow a clear way from economic standards and theories. In this view, the class material on Economics for Today by Layton, Robinson, and Tucker (2016) provides a useful tool for understanding the probable implications of the Brexit. From the point of view of a majority of economists, the Brexit would result in a reduction in the trade activities between the UK and the rest of the world. Consequently, this will make the British economy less productive and poorer than it would otherwise have been if it had remained in the EU (Buiter et al., 2016). In the same view, Layton et al. (2016) explain that the prevailing economic conditions in the international market affect the demand for a nations exports while the domestic conditions affect the demand for imports. Thus, the class text helps one to understand that the Brexit will significantly reduce the volume of trade between the UK and the rest of the world. It is imperative to note that the articles author is opposed to the view that the Brexit may trigger a recession period in the UK. Instead, the author believes that the exit may bring about significant uncertainties in the economy, thereby act as a deterrent to investment in the country. In agreement, the text by Layton et al. (2016) helps one further understand this concept. More specifically, they explain that investment demand is a volatile component because it is future oriented and risky. Typically, it depends on the expectations that investors have of future key influences (Watt, 2016). In addition, it is based upon the firms confidence about the profitability of the venture and future conditions of the country. Thus, the uncertainty arising from Brexit is bound to affect investment demand in Britain negatively. Even so, the adversity associated with the exit of Britain from the EU is somewhat exaggerated. It is worth pointing out the fact that the information provided in the article may be useful for ones future career and other economic applications. As a whole, the article is informative on the various implications of policy change. Thus, an economic student may apply the knowledge obtained from this piece to the workplace in the future. For instance, the concept of the effects of uncertainty on investment demand may be used when making investment decisions in the firm setting. Likewise, the concepts highlighted on the effects of policy change on demand may help one in mitigating the adverse effects of policy change on international and domestic trade. Thus, overall, the author of the article was successful in relaying useful information about the implications of Brexit and policy change as a whole. References Buiter, W, Rahbari, E, Schulz, C. (2016). The implications of Brexit for the rest of the EU. [Online] Vox. Available at: https://voxeu.org/article/implications-brexit-rest-eu [Accessed 14 Mar. 2017]. Layton, A, Robinson, T Tucker, I. (2016). Economics for Today. (5th Ed.) South Melbourne, Victoria. The Macroeconomics of Brexit: Motivated Reasoning?. (2016). [Online] The New York Times. Available at: https://krugman.blogs.nytimes.com/2016/06/30/themacroeconomicsofbrexitmotivatedreasoning/?_r=0 [Accessed 14 Mar. 2017]. Watt, W. (2015). The implications of a Brexit. [Online] Black Rock. Available at: https://www.blackrockblog.com/2016/03/11/implications-brexit/ [Accessed 14 Mar. 2017].

The Sepoy Mutiny Of 1857 Essays - British East India Company

The Sepoy Mutiny of 1857 As with any conflict or controversy there are always two sides to the debate, and the events in India during 1857 are certainly no exception. Given the situation in India during the nineteenth century it is hardly surprising that such a polarisation of opinion exists regarding the context of the rebellious events during that year. The British being in control of the subcontinent and their sense of superiority over their Indian subjects, would naturally seek to downplay any acts of rebellion. While the Indian subjects on the other hand would arguably wish to exaggerate and over emphasise the importance of these events, as a means of promoting the nationalist cause for self determination. The truth of the events themselves, does it lie towards the British account or the Indian pro nationalistic side, or could there be a certain amount of truth in both sides of the debate. Metcalf in his account cites three indisputable factors behind the outbreak of rebellion in 1857. Primarily he sees `accumulating grievances of the Sepoy Army of Bengal' as the most important factor. The reasons behind this `deterioration of morale' amongst the army lay with several reasons. Much of the Sepoy army was comprised of `Brahmins and other high caste Hindus' who assisted in promoting a `focus of sedition'. The `generally poor ezdard of British officers', plus the lack of improvement to the overall position of those men serving in the army also increased the level of tension. At this point it should be remembered that the `Bengal Army differed from those of Bengal and Madras', as the Bombay and Madras armies took no part in the rebellion of 1857. But the more pronounced military factor was the lack of British troops in the `Gangetic plain' meant that many areas were `virtually denuded of British troops'. These military grievances which although significant were not themselves enough to incite rebellion, as it took a perceived attack on the Sepoy religious institutions to trigger of the rebellion. The first of these perceived threats was that the British government was preparing to dismantle the caste system and `convert them forcibly to Christianity'. Although not based on fact the actions of some `pious British officers did nothing to dispel' the rumours to the contrary. Added to this British lethargy was the Brahmins who tended to be `peculiarly watchful for potential threats to their religion and caste'. Secondly, the introduction in 1857 of the `new Enfield rifle' with its distinct ammunition, which required the bullet to be `bitten before loading'. Rumours that the grease used on the bullets was either from the fat of cattle or pigs, which either proved `sacred to Hindus' or `pollution to Muslims', was interpreted as attacking at the core of the Hindu and Muslim religious beliefs. These rumours unlike those regarding the conversion to Christianity and dismantling of the caste system, did prove to have a factual basis, as the British government `withdrew the objectionable grease'. This belated action proved futile as the damage had already been done. However this only accounts for the military aspects of the uprising which display the version of events `accepted in official circles [as] basically army mutinies'. This version preferred by the British fails to acknowledge the level of `widespread unrest among the civilian population', who saw much of the British government's actions as amounting to interference and contempt for the `long established rules and customs'. Disraeli saw the causes of the uprising as not being the `conduct of men who were ... the exponents of general discontent' amongst the Bengal army. For Disraeli the root cause was the overall administration by the government, which he regarded as having `alienated or alarmed almost every influential class in the country'. Yet other British saw the overall social situation and government administration as having no effect in causing the uprising. For officials like Sir John Lawrence the `immediate cause of the revolt' was the concerns held by Sepoys over the new ammunition for the Enfield rifles. However, he sees this as just the trigger incident, with the root cause being the long term reduction in discipline in the army and the poor ezdard of officers in command. The British ezdpoint is to regard

How to Plan Your Craap Test Sample Essay

How to Plan Your Craap Test Sample EssayA Craap Test Sample Essay is an excellent way to boost your potential for getting a higher grade on a test. The essay can be written in a variety of different ways. Some students prefer to write short paragraphs while others are more concerned with writing large blocky pieces. Some students prefer to write from the heart, while others tend to write from the head.Using a Craap Test Sample Essay involves some research and strategy. Writing a big essay is never easy, but it will help if you use the Essay Builder to plan out the structure of your paper. The Essay Builder allows you to choose which topic you want to write about. Once you choose the topic, you will be able to choose a topic outline that will help you organize your ideas.The structure of your essay can help you write a well-crafted essay. To write an interesting essay, you need to establish a theme or structure that makes it easier to focus on one specific area. You will find that you r subject matter will come to you when you're writing, but the Structure Builder will help you get the main ideas down before you start writing.For example, you could choose to focus on the most important topic that you would like to address. By doing this, you have already established a theme that will make it easier to organize your thoughts on the topic. When you start to write your paper, you will find that this idea comes to you as the plot for your story.Some students don't know where to begin when they're working on a Craap Test Sample Essay. The best thing to do is to choose an area in which you are knowledgeable. In addition to knowing the topic, you will also have knowledge of the particular approach you would like to take in writing about the topic.If you already know how to do a research library search, you will be able to follow a well-structured guide to writing your essay. If you're not familiar with the various methods of research that you can use, you will need to c onsult a professional research library or college course to teach you what methods to use. However, if you're willing to go beyond what a manual can teach you, you can search for books or articles to help you learn more about different research techniques.Make sure that you spend some time planning the structure of your essay before you even start writing. The structure of your essay should be well defined and well thought out before you begin. This will help ensure that you don't get sidetracked while you're writing.Remember that when you're writing your essay, you must remember that you are writing a report or presentation about your topic. When you are writing a single paragraph, it's easy to remember that you are just doing a research paper. However, when you're writing a longer essay, it will be more difficult to think of it as research. The short-term memory is what you need to be working with when you are trying to formulate your story.

Should Funny Cat Videos Be Allowed on YouTube

Should Funny Cat Videos Be Allowed on YouTube It seems that every other minute on social media, you see some strange – but usually hilarious – animal video going viral. Dogs chasing their tale  turtles dancing to Lady Gaga, cats knocking down drinking glasses, shattering them. If there is an argument that videos like these be outlawed on YouTube, which is one of the most widely used video-sharing websites in the world, it’s a weak argument for sure. Unless it’s grotesque or offensive in nature, humorous cat videos should be allowed on YouTube. Allowing these videos to be seen seems to do no damage at all, and videos of this sort may even help people to some extent. To begin with, funny cat videos belong on YouTube because people love cats –  their cuteness, their movements, traits, and behaviors – so it’s logical for people to enjoy watching videos of them on this website. And if a website like YouTube was created for people to communicate, to share videos of common interests, as well as for people’s general enjoyment, it only makes sense for funny cat videos to be uploaded to the website. Surely not everyone loves cats and cat videos, but many people do – as seen in these kinds of videos going viral. There is a reason why so many of the videos going viral are videos that first are introduced on YouTub. Secondly, funny cat videos should also be allowed on YouTube for another reason: such kinds of videos benefit people. Yes, in the stressful, fast-paced, high-pressure society we live in, with high taxes, an even higher cost of living, it’s imperative that hard-working people find outlets for their stress. And better than alcohol or drugs, there is humor. The physical act of laughing sends naturally occurring endorphins and other happy-feeling neurotransmitters rushing through a person’s brain, in turn lessening stress and leaving a person feeling happier, healthier and more relaxed. When a person, for example, sees a video of a cat demanding their owner’s attention almost to the point of being aggressive, but in a comical way, the viewer tends to lighten up. Watching a video of a cat doing strange things, like jumping three feet in the air at the sight of a cucumber on the ground behind them, is just therapeutic. When it comes down to it, when one considers the b enefit of watching silly cat videos, there should be no doubt whatsoever that funny cat videos belong on YouTube.be. It is the appropriate place for such videos. It screams funny cat videos. Lastly, YouTube is just the place for silly cat videos; therefore, they should be allowed on the website. When comparing YouTube to other social media, especially professional networking websites like LinkedIn, one sees the frivolous nature of YouTube – and how it is meant to be silly and humorous and nonprofessional. That’s the entire point of YouTube: It does not have an air of pretentiousness about it, and it is traditionally not used to grow a business or to land a person a job; though this is sometimes the case. So, evidently, YouTube is the perfect place for silly cat videos – as well as other humorous videos that become a source of healthy escapism for people, and not just animal videos. To conclude this argument, consider the above points that demonstrate how humorous cat videos surely belong and should be allowed, on YouTube: people love cats and cat videos; cat videos make people laugh and smile, and people need that, and YouTube is meant for these kinds of videos. Any arguments challenging the allowance of funny cat videos on this widely used site are completely erroneous, fallible and one-sided. YouTube provides users with a service, and that service provides an escape, a way for people to release their pent-up, hostile, violent emotions that would otherwise distract them from living normal, fulfilling, happy lives.

A BUSINESS PLAN FOR ROXE APPAREL Essay Example | Topics and Well Written Essays - 1250 words

A BUSINESS PLAN FOR ROXE APPAREL - Essay Example These initial costs will be used for rent, recruitment, salaries and start-up expenditures. While serving the whole family, Roxe Apparel will focus more on the younger people aged between 16 and 35, because they are the cream of the clothing market. Introduction The apparel industry in the UK is a very lucrative one. However, it also has many barriers to entry. Nevertheless, there are many opportunities due to a number of possibilities that the fashion subsectror in the industry offers. Starting a business in the industry can be challenging but also highly rewarding. In this regard, it is prudent and worthy to start a clothing company in UK. The following is a business plan for starting a clothing company in the UK. The company will be called Roxe Apparel and will seek to serve the UK market as a medium class apparel company. The market for middle class clothing is very big in the UK, and it will be easier for such a new firm to commence its operations. The firm will concentrate on t he younger generations as the main market niche, but will also serve the whole family. Competitor Analysis The environment The clothing industry is a very competitive industry due to the fact that it is affected by some special factors which do not impact other industries (Gwilt and Rissanen, 2011). Popularity is a very important issue in the clothing industry since customers always buy from the clothing companies they are already used to. Unlike other basics needs, clothes are some of the few basic products which people choose carefully where they buy because that also matters. In other words, an individual may choose to buy from a more expensive store if the store is popular, and not to buy the exact same product from a cheaper one if the store is regarded lowly (Shishoo, 2012). This is especially so in the UK clothing market where competition is so tough and there are so many already established clothing firms. At the same time, most UK people are loyal customers, who choose to f ollow one brand and not to try many different ones. Creating the balance between branding the company as a popular one and giving the customer the best price is always a challenge in the clothing industry, and this is going to be a bigger concern for Roxe because it is a new firm. No clothing firm wants to be regarded as cheap, but at the same time, it is necessary to give the customers the best price. This makes already established firms more popular and entry into the industry very difficult. The main competitors that Roxe Apparel will face include established firms. These businesses already stand firmly on the ground and have a well established rapport with the customers in terms of knowing what the customer wants and expects. They have also been able to relate well with suppliers, which is a very important thing with regard to the fact that it determines how successful a business is going to be in the market. Economies of scale The other competitors are well established and have achieved higher economies of scale, which Roxe Apparel will not be able to reach in its initial months. This will mean that they will be able to compete more strongly in the market. As Briscoe (1971) argues, economies of scale are important for any business in the clothing industry because this is the only way to beat the market challenges. Customer service Most of the competitors rate very lowly in this respect and cannot make their customers happy. This is because most of them are large firms and therefore find it harder to create useful customer service. Large firms are also quite old, which increases the risk that they have not evolved enough to apply the concepts appropriate to the modern business environment (Kotter, 1998).

Evolution Essay Example | Topics and Well Written Essays - 500 words - 6

Evolution - Essay Example Biological organisms are known to take some of their characteristics from their dead ancestors and pass them on to the next generations. This is a part of the process of evolution. If evolution were goal-directed, then the genes and traits of biological organisms would be the same. It is known, and it has been proved that there is variation in the physical and biological traits of organisms regardless the family (Lenomard, Roze & Rousset, 1919). Organisms are also different when it comes to fitness; may it be physical, mental or biological. It means that some organisms will be more advantageous more than the others when it comes to the struggle for the fittest. This make evolution to be goal disoriented since it does not focus on making each and every organism equal. With continued evolution, organisms will always be different according to their genetic make- up or the physical traits. Evolution has no specific direction in which it occurs. The direction of the changes due to evolution is always determined by the environment of a given place at a given time (Lenomard, Roze & Rousset, 1919). In evolution, immoral behavior is usually rewarded. According to evolution, for an organism to survive in nature it has to be violent and strong enough to stand the rudeness of the others. Evolution supports only material things in nature. It disagrees with the biblical theory of believe that human beings possess souls while animals don’t (Lenomard, Roze & Rousset, 1919).The lack of goal direction can be proved through the similarities that have been found in fossil fuels. Some animal remains may have similar characteristics, and yet the animals are not of the same family or are they from the same location and adaptations. Mutation becomes a very important tool since it is the source of all genetic variations in the organisms. Mutation ensures that there is a difference or similarity in

Jose Rizal Life in Dapitan Essay Example for Free

Jose Rizal Life in Dapitan Essay The El Filibusterismo is the sequel of the Noli Me Tangere. Both nationalistic novels were written by Dr. Jose Rizal. In Noli Me Tangere, Rizal described the full extent of slavery and abuse suffered by the native Indios at the hands of Spanish authorities. Hence in this second book, Rizal pictured a society at the brink of revolution. The Indios have started to adapt liberal ideas and guerrilla factions have started to revolt against the government. The advent of the novel starts 13 years after the events in the Noli Me Tangere, Juan Crisostomo Ibarra orchestrated a plot of evil means but heroic desires. During his travels in Europe, Ibarra changed his name to Simoun. He becomes a renowned jeweler thus his wealth grew further. He started to make new connections with the illustrious societal personalities in Spain. With his influence, he helped a military colonel to rise the ladder and be promoted as captain general of the colonial territory, the Philippines. For Simoun, it was all planned. Upon his return in the Philippines, he was dubbed as his black eminence. People saw him as an influential figure whom his majesty consults whenever decisions are to be made. After all, his majesty, the captain general owed so much to Simoun. Simoun wants to take revenge and bring back the love of Maria Clara who now resides at the convent. The jeweler was famed for his wealth and power. Hence, no one thought that the opportunists and fearsome Simoun was the same idealistic Ibarra of the past. Simoun started to look for followers. He found his allies with the oppressed and enslaved. He form an alliance with Kabesang Tales group, an outlaw whose land was grabbed by the friars corporation. He then, looks for more men. He searched the villages looking for strong willed men who have a gripe on the government. Simoun, using the influence he has on the captain general, ordered stricter and more abusive government policies a move that will make the people angrier. This was the plot of Simoun, to use the peoples hatred against the government to his advantage. Simoun also ordered attacks that will backfire and weaken the governments military forces. However, the revolution scheduled at the night of a musical play in Manila didnt come into fruition. Months, later another plan was made. At the grand wedding of Juanita Pelaez, the son of a successful businessman and the beautiful Paulita Gomez, Simoun insisted to take charge in the decorating. Simoun knew that the feast would be attended by friars, government officials and prominent figures the same people who wrecked havoc to his life. Beneath the beautiful decorations and lighting were sacks of gun powder. The whole house was filled with explosives. Simoun formed his own army of the oppressed and enslaved and with the help of government soldiers and outlaws whom he commissioned, they will start a bloody revolution. The mission, to kill all Spanish authorities and to take control of the country. At the wedding, Simoun puts a beautiful lamp at the center of the table carved with gold linings and other kind of gems and jewelries. Simoun left as soon as delivering his gift, the lamp. It was a festive celebration but unknown to the guests, the lamp is a time bomb that will explode once lifted. It will result into a huge explosion that will be a signal to Simouns troops to simultaneously attack Manila. Just before the lamp explodes, a piece of mysterious paper bearing the message You will die tonight was being passed. It was signed by Juan Crisostomo Ibarra. Father Salvi confirmed that it was the real signature of Ibarra, a long-forgotten filibuster. The guests at the wedding were all frightened. Slowly, the lamps light started to diminish and soon one will lift it and will cause a huge explosion. However, a Isagani, a student and friend of the newly-weds knew the plot and because of his undying love to Paulita threw the lamp before it explodes. After the wedding, the plot was unraveled and a shoot-to-kill order for Simoun was commissioned. Hence, Simoun, the sly fox that he is, makes sure that he wont get caught alive. He drank a poison and as it effects started to take toll on his body, he was able to confess his plans and real name to a Filipino priests. Characters Simounben zayb Basilioplacido penitente Isaganiquiroga Kabesang talesold man selo Don custodiofather fernandez Paulita Gomezattorney pasta Father florentinocaptain-general Hulipadre sibyla What is the climax of el filibusterismo? the climax of the story of El Filibusterismo found in kabanata 35 in titled ANG PISTA What are the moral values of el filibusterismo? El Filibusterismo was Rizals second novel published in Ghent, Belgium in 1891 with the financial help of Valentin Ventura. It is a sequel to his first novel, Noli Me Tangere. The main character of El Filibusterismo is Simoun, a rich jeweler from Cuba. He was Crisostomo Ibarra of Noli Me Tangere who, with Elias help, escaped from the pursuing soldiers at Laguna Lake, dug up his buried treasure, and sailed to Cuba where he became rich and made friends with many Spanish officials. After many years, he returns to the Philippines in disguise. He has become so powerful because he became an adviser of the governor-general. On the outside, Simoun is a friend of Spain. But deep in his heart, he is secretly planning a bitter revenge against the Spanish authorities. His obsessions are 1) to incite a revolution against the Spanish authorities, and 2) to rescue Maria Clara from the Sta.Clara convent. El Filibusterismo (Subversion) is the second novel by Jose Rizal, national hero of the Philippines. Written as a sequel to the Noli Me Tangere, it focuses more on dark themes and appears to favor revolution (at least as far as the main character is concerned) -by: Manuel Viloria A Filipino Family on the Web El Filibusterismo (lit. Spanish for The Filibustering[1]), also known by its English alternate title The Reign of Greed,[2] is the second novel written by Philippine national hero Josà © Rizal. It is the sequel to Noli Me Tangere and like the first book, was written in Spanish. It was first published in 1891 in Ghent, Belgium.