Reserve Banking Essay Example | Topics and Well Written Essays - 500 words

Reserve Banking - Essay Example On the other hand, full-reserve banking is popular as 100% reserve banking which involves alternatives to the fractional reserve banking approach. This way, banks are called to maintain full amount of the depositors funds through a cash basis ready for instantaneous withdrawal on customer’s demand. Funds which are deposited by the customers within the demand deposit accounts and checking accounts are not loaned out because they are legally required to maintain full deposit for satisfaction of potential payment demands (Daly and Farley 65). The proposals of full reserve banking systems do not attach restrictions on deposits which are not payable to the demand on savings accounts or time deposits. The mitigation of risks of bank operates based on larger proportions of the depositors seeking to withdrawal from the deposits given times. The problems are widespread and extreme, systemic crises, the existing governments for most nations oversee and regulate commercial banks. This involves providing deposit insurance and acting as lending platforms for last resort among commercial banks. In different nations, central bank or alternative monetary authority regulates the bank credit creation while imposing capital adequacy ratios and reserve requirements. This limits amounts of money creation while developing the commercial banking system while helping banks have solvency (Daly and Farley 121). It avails enough funds for meeting demand for existing withdrawals. Further, there is a direct limit for money supply for which central banks pursue interest rates and target controls of bank credit issuances. Monetary reforms, which is included within full-reserve banking are proposed within different contexts which are notably established as responses to the Great Depression. No nation across the world is in requirement of full-reserve banking. The era of post-World War II showed minimal

Robert Lee Frost - Literary and Poetic Career Research Paper

Robert Lee Frost - Literary and Poetic Career - Research Paper Example In 1912, Robert Lee Frost was on the move again, this time across the seas to England. He sold his farm and everything he had worked for in America and decided to try his luck in full time writing in England. England proved to be good to his poetry career as his first two books were an instant success; these were A Boy’s Will, published in 1913 and North of Boston which was published a year later. He returned to the United States in 1915 where he settled with his family in Franconia, New Hampshire. He continued his teaching and writing career while here; he taught English at Amherst University from 1916 to 1938. He published his next books Selected Poems and New Hampshire in 1923. New Hampshire earned him his first Pulitzer. He Published the Collected Poems in 1930; this work earned him a Pulitzer a Russell Loines Poetry Prize (Meyers, 2001). Frost continued to give talks and lectures in many places where he was invited all across the United States. In 1937, his wife, Elinor died of heart-related complications. This was a big blow to Frost who continued to surround himself with work as a way of dealing with his loss. In 1939, the National Institute of Arts and Letters in New York awarded Frost a Gold Medal for his literal work. Family tragedy followed him the following year when his son killed himself. He continued to publish more poems and give more speeches and lectures wherever he went. He traveled extensively in Greece, Israel, the Soviet Union and England (Meyers, 2001). In 1961, Frost had the honor of reciting his poem â€Å"The Gift Outright† during the inauguration of JF Kennedy. Although he was not a graduate of any college, Frost held honorary degrees from prestigious universities such as Harvard, Princeton, Oxford, and Cambridge. His poetry was so good that it earned him four Pulitzers in 1994, 1931, 1937 and in 1943. His best-known work was titled â€Å"The Road Not Taken† and it is a simple yet deep exploration of the nature of man

Critique of Clinical Skill Essay Example | Topics and Well Written Essays - 2000 words

Critique of Clinical Skill - Essay Example Critical appraisal is a systematic process utilized to identify research strengths and weaknesses inherent in a research article. This is done with an aim of assessing the validity, reliability and usefulness of research findings. The primary components of critical appraisal include the evaluation of the study design’s appropriateness for the research questions used, and the careful assessment of key methodological design features. Other factors that should be taken into consideration while critically appraising an article are such as the examination of the suitability of the statistical methods used to analyze data, potential conflict of interest and the research relevance to an individual practice. Thus, the purpose of this paper is to appraise the below named article on wound management. Article: Annells, M., O’Neill, J., & Flowers, C. (2008). Compression bandaging for venous leg ulcers: the essentialness of a willing Patient. Journal of Clinical Nursing, 17(3), 350- 359.doi 10.1111/j. 1365-2702.2007.01996.x Analyzing whether the Research Study Questions Are Relevant A research can be of the highest methodological rigor but it may be of little value if it does not address a significant topic or add value to the already existing knowledge about the subject under discussion (Mays & Pope, 2000). The article sought to find answers to the following question â€Å"why do or why don’t district nurses use compression bandaging as a component of the management of venous leg ulcers?† The aim of the study was to help identify both constraints and enablers. The research question is relevant because it seeks to explain why some and not all nurses utilize compression management to manage venous leg ulcers. In addition to that, the study findings contribute to the existing knowledge because less has been documented as to why compression bandaging is not often used by district nurses in the treatment of venous leg ulcers. Furthermore, the research question is relevant to the clinical practice. As a result of the study, factors that might constrain the willingness of the patient to apply compression bandaging in the treatment and maintenance of the venous leg ulcer were identified. Then, the actions that need to be performed to facilitate patient willingness were recommended. Does the Study Add Anything New? Any scientific research aims at developing new knowledge and ideas on the basis of work done previously (Hawking, 2003). As a result of this particular research, district nurses were made aware of the significance of evidence-based practice. Proper understanding of the findings of the study will support the planning carried out by the district nursing organization. As a result, there will be an improvement in the rate of appropriate use of compression bandage on venous leg ulcers. The increased use will be facilitated via the provision of relevant resources and the needed education. Moreover, the research findings will up date nurses on how to appropriately asses venous leg ulcer patients. Similarly, the nurses are able to plan and implement strategies for best practice care which is sustainable and patient driven. The research adds new knowledge to the work done previously. The Type of Questions Posed By the Study The most significant task of critical appraisal is the identification of the specific research questions being addressed by the article.

Sumary critique on Williams, J. (2006, Summer2006). Debt Education Assignment

Sumary critique on Williams, J. (2006, Summer2006). Debt Education. Dissent - Assignment Example With the high tuition, fees and interest rates on students’ loans, the author notes that higher education may soon be left to the rich (Williams 54). The author also notes that this debt should not only be treated as a way of financing the students but also as a form of teaching. From the lessons learnt from the student debt, the author proposes that the best way would be to do away with the current system of student debt and move to direct lending controlled by the federal government to colleges (Williams 53-59). The author clearly explains and shows the significance of debt to the students and their families. The author provides credible evidence to show how majority of American populace depend on the student debt to finance their higher education. Education is a necessity and it is for this reason that the author provides sufficient support to the point that people should not pay back for a necessity (William 57). The author also tries to show how student debt has immensely changed over the past decades. In addition, the author shows that the student debt serves more as a teaching mode than as a financing mode. It teaches us that higher education is a consumer service, teaches us career choices, comprehensive view of the world and human life, civic lessons, and the worth of an individual (Williams 56-58). With this, the author tries to answer to the question ‘why student debt should be scraped off and shift to federal government lending’. Moreover, the author has used signific ant terms such as draconian, pedagogy and worldview. However, though the author gives an outstanding proposal, he fails to understand and explain that financing of higher education by the federal government means an increase in taxes, which would be borne by the American Citizens. Increase in taxes would result to increased prices of items, and the poor would again be on the suffering end. In addition, the author fails to give support on why

Paradox of Violent Video Games Research Paper Example | Topics and Well Written Essays - 3000 words

Paradox of Violent Video Games - Research Paper Example The incident at Colorado phoenix theatre is still a fresh news item in which, a gunman turned the new Batman movie into areal horror. In this particular incident, 12 people died on the spot with 58 other surviving with serious injuries. The three incidents indicate how people are willing and ready to turn fiction into reality. Although such incidents have a political or social motivation, violent video games play a significant role in motivating such killers. For instance, Tristan had been playing Call on duty: Modern warfare 2 before he went on a shooting spree. These are isolated cases of violence resulting or inspired by violent video games. It is a paradox that violent video games inspire people into becoming saviors. This essay will, therefore, analyze the paradox of violent video games in relation to violence and mass murder. There have been intensive studies on the effects of video games in promoting acts of violence among teenagers. Studies in this field have attracted variou s people particularly sociologists and psychologists attempting to find links between the video games and acts of violence, particularly among teenagers. Concentration on teenagers is necessitated by the fact that teenagers are the main consumers of violent video games and researchers are interested in analyzing the correlation between playing violent video games and engaging in real violence. Studies completed in 2002 at the concluded that violent video games did not motivate people to indulge in real acts of violence.  ... It is a contradiction that violent video games addicts do not commit real violence. In fact, all the recent cases of shooting rampage have a political or social motivation Flew (Terry and Humphreys 211). Police are currently investigating the Colorado incident to unearth the motives behind the killings. However, other cases such as the Oslo shootings had a political motivation. For instance, Breivick complained that Norway was increasingly becoming a multicultural and Islamic state. The gunman claimed the authorities were to blame for the acts. These incidents disassociate violence particularly mass murder with violent video games. The paradox of video games in relation to acts of violence depicts rivalry that exists between media and producers of video games. Media and video games are complementary pastime activities and hence they have conflict of interest. According to Shaw, the video game industry has become a soft target to the media and entertainment industry, which consider it as a rival (121). From the author’s argument, association of video games and real violence is a tool applied by media houses to win the entertainment market. This is an expected phenomenon considering that both industries target the same audience. Recent meta-analysis conducted on 130, 000 subjects concluded that violent video games induced short-term aggression and antisocial behaviour. Although the studies have a significant value of truth, they are subject to criticism and misinterpretation. For instance, the tests did not consider the sanity or the mental health of the subjects (Davis 123). In addition, the tests did not consider exposure to other triggers such as physical

High Employee Turnover Essay Example | Topics and Well Written Essays - 2000 words

High Employee Turnover - Essay Example These expenses are especially felt for lower paying jobs which turn out to be jobs that have a high employee turnover. Some of the expenses involved include advertising for the past, payments being done to the leaving employee, interviews for candidates and subsequent training. This is, in addition to, lose of productivity during that period the employee leaves and replacement with another employee. This paper explores employee retention as a measure of decreasing high turnover by focusing on the methods of assessment and selection, individual and organizational learning, and organizational transformation to find a resolution to the crisis. Methods of assessment and selection According to Carsen (2005, 2) employee retention starts with the application process which precedes recruitment. The applicants start by looking at the agency, and this is followed closely by the initial impressions of the employee during the orientation process, in addition to the subsequent assignments, the em ployee is given, performance ratings, any awards or promotions and off course the overall working conditions. All the above play a role in determining whether an employee decides to leave or stay during that short period. Therefore, the pre-employment assessment forms part of the solution to this trouble of high employee turnover as well as improving employee performance. It is essential that the employer objectively defines and quantifies the behavioral DNA that compels success on the job. This is to mean that the employer has to match the candidates who come for interview against a traditional performance profile for each of the positions that are to be filled in the company. This can be done by correlating the behavioral DNA of the present employees in a company against their performance data to determine the performance profile of the individual. This profile, thus, captures the behavioral and cognitive attributes that are unique to a certain position, and, thus, used to separat e the productivity leaders who will be capable of transcending the other employees. Subjective competencies are deemed an unsuccessful way of coming up with required traits of a particular position, therefore, a flawed way of filing vacant positions in any organization. This is because of absence of tangible correlation between the subjective competencies and the actual success of persons in that position (Carsen, 2005, 33). It is, thus, important that employers use objective competencies to measure the actual behavioral and cognitive traits required for the success of a certain individual in the given position. This means this benchmark of success should be leveraged so that it forms the objective model for the employer in evaluating candidates for specific positions. Therefore, it is important that the assessment strategies be developed having in mind the clear understanding of the knowledge, skills, abilities and characteristics that have to be measured for qualification to a par ticular position (Ongori, 2007, 50). The managers should also ensure that the method of evaluation being used in the process can be connective to, and effectively appraise the requirement being assessed. After a careful assessment of the applicants, hiring should be done on recommendation basis, which falls into four categories. These are recommended which is taken as the strongest match as compared to the others which are 'recommended

John Brown- Terrorist or Freedom Fighter Essay Example | Topics and Well Written Essays - 1500 words

John Brown- Terrorist or Freedom Fighter - Essay Example Using one of the most famous accounts of such a confrontation in America, the author illustrates the impact of humanitarians’ calls for abolition linking John Brown’s Raid as a possible origin of the American Civil War. However, the noble intentions of the raid are usually taken out of context to associate its consequences with acts of terrorism. In spite of the dangerous approach adopted by John Brown and his associates in the Harpers Ferry episode, abolition campaign was like a time bomb that would have anyway exploded due to neglect and contempt of human rights issues. Flanked by this thesis statement, this essay will attempt to analyze the life of John Brown and the events at Harpers Ferry raid to pick a position on legality of his actions as reiterated in the accompanying conclusion. Inequality and slavery in the polarized American society concerned John Brown to the extent that he found an alternative to peaceful abolition campaign that had not delivered results. Besides his desire to have a successful campaign for a slave free country, he was angered by some abolition positions that did not advocate for equality to the marginalized slave community (Earle, 13). Terrible aggression had been observed against slaves who were also subjected to inhumane conditions, a matter that inspired John Brown to apply similar tactics on the perpetrators of the violence on slaves. Alternatively, there was an apparent division into two southern and northern factions along hard-line positions on the issue of slavery. John Brown was a northerner, the faction that largely advocated for peaceful resolution of the American humanitarian concerns. Despite the fact that religious input into the campaign quelled application of any hostility tactic, the emergence of certain abolition acti vists who were desperate for the continued suppression of slaves and minorities was on the rise. The hostile abolitionists had realized that however dangerous it appeared, hostility