Sunday, August 18, 2019

Caddie - Australian Movie Review :: essays research papers

The movie Caddie stars Helen Morse as ‘Caddie’ Marsh, a young woman in the depression, Jackie Weaver, as Caddie’s friend Leslie, Jack Thompson as Ted, and Takis Emmanuel as Peter. Caddie is set in the times of the Australian depression and was the first remotely successful Australian feature film. It follows the story of a spirited woman and her experiences over seven life-shaping years of her life. Through her eyes we see the effect of the depression on the average Australians of the time. The movie tells the story of a young Sydney woman during the years 1925 to 1932 in which time she changes from a young suburban 25 year old matron and mother to a free-wheeling woman of 32. The film opens with Caddie learning that her husband is in love with her best friend, Ester, and taking the only course she feels is open to her; she leaves him taking the children with her. To earn enough money to keep her and the children, Caddie takes a job as a barmaid, and soon learns the ropes with the help of fellow barmaid Josie. One day Ted, the SP bookmaker comes into the pub. He names her Caddie after his brand new Cadillac that, like her, he says has class and beauty. Caddie is struggling to look after her two children, Anne, and Terry properly, so she makes the very difficult decision to put them into children’s homes. Through a friend, Caddie meets Peter, a Greek immigrant and successful businessman. They fall in love and become lovers, but fate strikes with the sudden illness of Peter’s father and he has to leave for Greece. Winter two years later, and the Great Depression is taking its toll on Sydney and Caddie. She has trouble staying employed, and finally is bed-ridden suffering from malnutrition and nervous exhaustion. She is befriended by â€Å"Bill the Rabbito† and his younger brother Sonny, who share their meagre belongings with her until she is well and strong again. Caddie takes yet another job as a barmaid, and meets Paddy Reilly who

Saturday, August 17, 2019

Evolution of the Opera in Europe

Ask a high school student about Opera and they would just shrugged their shoulders in lack of knowledge, or others would try to guess and say that it’s a musical play, something like Broadway. While others who may have a bit of familiarity with Opera would say, â€Å"those silly men with long beards and silly dresses that sings in a very high voice†. In reality, opera is related to all of these definitions given. The scope of this paper is to introduce Opera into the twentieth century audience. Naturally, the history of Opera, when and where did it start and who are the people that made Opera famous and made famous by the Opera would be discussed.As well as the different forms of opera, and its different kinds or genre to be more specific. After which, an analysis of the whereabouts of Opera nowadays would be presented. II. What is an Opera? An Opera is a stage show that was only available for the European elites in the 1700s. It was sort of the ancestor of musical thea ters like Broadway and West End in London; it is just that Opera themes are usually about Greek Drama. It includes musical numbers, solos by lead actors and sometimes even a ballet-like dance to emphasize the action and texts of the songs.Opera dramas are predominantly about Greek Drama because Opera originated in Italy in the late 1600s, where Italian aristocracy fully enjoys performances in their own balconies and private theaters. Just like any beautiful thing, Opera spread to the common folk and took pride for its various performances and many composers from all over Europe, not just Italy, until everything was placed in a halting pause when wars emerged and the arts was put aside for some other important things. Opera before in the early ages was like Hollywood, stars were revered and composers were treated as royalties.They held performances from the greatest capitals of Europe like Naples, Saint Petersburg, Rome, Milan, Vienna, Venice, Berlin and Paris; as well as in the oper a houses newly established in New York City and New Orleans. The musicality of Opera has influenced other forms of music which are still thriving and used nowadays. An example is the usage of sinfonia, an instrumental prelude of the Opera which as now known as symphonies and the attempt to make piano and violin solos during a concerto was a clear indication of following through Opera’s cadenza (solos).The masterful innovation of 19th century German composer Richard Wagner in his orchestration for his different compositions became a big influence in shaping the classical music of the 19th century. a. When did it start? Opera started in the late 1600s through a group of scholars, known as the camerata instigated a performance with the aim of promoting monodic musical declamations. Although musical stage play was already existent as early as the 12th century like The Play of Daniel, it was Jacopo Peri’s and Ottavio Rinuccini’s Euridice, that was considered as the f irst Opera in the 1600.However, Jacopo Peri’s first composition Dafne was argued by other scholars as the first true Opera, though little of its text can be found now. Monodic musical declamations are recitals with free rhythm accompanied by a subtle music, and usually about Ancient Greek Drama and mythology. Just like the first Opera Euridice that was taken from the Greek mythology about Orpheus and his beloved Euridice. b. Where did it start? 1. Baroque (Italian) Opera originally came from Italy, wherein it was known as Baroque Opera or Italian Opera.It had its first shows in Venice and Rome, where Sant’ Alessio by Stefano Landi established Roman Opera in 1632. The libretto was penned by Giulio Rospigliosi and Landi modified the narrative style of the monodic trend by creating recitative and aria. But Roman Opera had to await the arrival of Claudio Monteverdi for it to blossom. He was an educated man and performed in the lavish court of the Gonzaga family and finally directed a church choir, after which he created his first opera in 1607, his own version of the Orpheus and Euridice mythology entitled La Favola d’Orfeo.Peri and Monteverdi’s version were so different that if Peri’s version was more of a monodic narrative with subtle accompaniment; Monteverdi’s version has more music in it. He expanded the accompaniment into a full scale orchestra with bowed and plucked strings, harpsichord and organ, trumpets and drums for more dramatic effects. He also gave each character his own musical identity and created a very poignant overture. It was the combination of lyric text and musical play as the term drama per musica (drama through music) had intended.Monteverdi’s L’Incoronazione di Poppea (The Coronation of Poppaea) in 1642, was the first to tackle a very sensitive subject matter and staged a very powerful vocal composition that would soon be stereotypical of an Opera. Marcantonio Cesti and Pietro Frances co Cavalli heralded the next generation of Venetian composers. They created an international style wherein the recitative was given less part in favor of the aria and the chorus was replaced with solos. Cavalli continued Monteverdi’s innovative style with his own Opera L’Ormindo and La Calisto.His Operas was known to include some charade and sexual content for the amusement of the viewers. Another Venetian composer, and also a predecessor of 18th Century Neapolitan School, Alessandro Stradella was also praised for having his own style in writing Operas. 2. English The Italian Opera became widespread in Europe and landed some its charms in England. Composers in England have begun working together to create masques, a court entertainment involving exaggerated speeches, dancing, ridiculous plots and costumes.The first English Opera was The Siege of Rhodes by poet Sir William D’Avenant in 1656 and music by Lawes, Matthew Locke, Henry Cooke, Charles Coleman and Georg e Hudson. John Blow wrote Venus and Adonis in 1684 but was not properly accredited as an Opera for some critics still call it a masque, but in 1689, Blow’s pupil Henry Purcell wrote the greatest English Opera of the 17th century entitled Dido and Aeneas. This Opera completely absorbed Italian influence and brought death to England’s masque.However, the most famous English composer was not really English, but rather a German born composer who completely immersed himself in Neapolitan Italian style. He was George Frideric Handel, composer of the widely acclaimed Messiah. He composed Rinaldo, his first Opera in England in 1711 where he immediately attained success and followed it with Giulio Cesare in 1724, Rodelinda in 1725 and Alcina in 1735. Handel synthesized the castrati that attained popularity and was the thing to do at that time.Aside from Handel making waves in England, there were also other local talents who are testing the waters like John Gay and John Christop her Pepusch who created The Beggar’s Opera in 1728. This form of Opera paved the way for ballad opera that ridiculed Italian opera and modern politics. 3. French Opera In French Opera, the form of aesthetics was firmly based on the visual, which is their concept of Opera was ballet transformed into musical theater. Eventually, Italian opera caught up with them and strong vocal performances found its way into their stages.French opera formally began with Jean Baptiste Lully where he presented a modernized version of Cavalli’s Serse in the wedding of Louis XIV of France and his cousin Marie Therese in 1660. The ballet performance was carefully choreographed by Lully. Lully then established the Academie Royale de Musique in 1672 where he created operas known as tragedies lyriques or lyrical tragedies. Most of the themes that were used were about mythology and legends again as the French court deemed it inappropriate to depict real persons in their performances.Lullyâ€⠄¢s theatre showcased fabulous ballet movements and abundant set designs that fully make the audience experience the story of the opera. Lully’s most outstanding operas were the Alceste in 1674, Atys in 1676 and Armide et Renaude in 1686. After Lully, another French composer, Jean Philippe Rameu attempted to make French Opera more harmonious and yet spontaneous at the same time. He wrote 32 operas that highlighted polyphony or the combination of multiple melodic lines. Rameu still maintained the dance factor in his operas as evident by the lengthy ballet numbers in his Les Indes Gallantes in 1735 and Dardanus in 1739.His plays Hippolyte et Aricie and Castor et Pollux has been presented for so many times. 4. German and Austrian German opera took its root from singspiel, their comic opera with spoken dialogue that would later on be influenced by the ballad genre. Early German courts much prefer their Italian contemporaries, wherein Frederick the Great insulted the German opera and compared it to the neighing of a horse. So, in the 18th century, German composers tried to revive singspiel and transform it into a better one.German composer George Phillip Telemann had based his Pimpione, a comic opera with only two characters on Pergolesi’s La Serva Padrona, in 1725. Another composer, Johann Christian Standfuss created Der Teufel ist Lost or The Devil to Pay, in 1752, in an attempt to resurrect singspiel. However, it was only the arrival of famous German composer Wolfgang Amadeus Mozart that German Opera reached its peak. Mozart’s Die Entfuhrung aus dem Serail or The Abduction from Seraglio in 1782 introduced singspiel internationally and made Vienna a music capital.Mozart continued to place Vienna in front of the international music scene through his compositions, Le Nozze di Figaro or The Marriage of Figaro in 1786; Don Giovanni in 1787; and Cosi fan tutte or Women are Like That in 1790. However, these works were very controversial during thos e times that it upset moralists and the contributed to the revolutionary sentiments in France; that it was neglected until the early 20th century when it was revived and made Mozart the greatest composer of all. c. Who are the singers? Opera singers are classified according to their gender and range of their voices.In a female singer, she can be classified as soprano, the highest range; mezzo-soprano as the middle range and contralto as the lowest range. In a male character, he can be classified as tenor as the highest; baritone the middle range and bass as the lowest range. The roles of actors would be dependent on the range of their voices and usually is assigned by the composers themselves. The choices would be strategically thought about by the lyricist and the composer and most of the times sopranos and tenors are reserved for the lead actors while the antagonists are played by bass or mezzo sopranos.This stereotyping is still ongoing up to now. A legendary mezzo soprano was Fa ustina Bordoni whose ability to sustain a note was amazing. Italian tenor Enrico Caruso is probably the most famous opera singer in history. III. What are the characteristics of an Opera? a. Voice The main feature of every opera is the singing, so setting aside the musical accompaniments; it is the vocal prowess of the actors that would carry the performance up to its end. Therefore, the arias, duets and choruses are strategically placed to emphasize the growing drama.An aria is a soliloquy or a monologue wherein the actor sings alone as in narrating through rhythm the events or his feelings. It is difficult to maintain an opera through an aria by itself but some composers found it to be the best way of relaying the plot of the story and conveying fast events, like fast talking but with a musical beat. b. Orchestra The orchestra serves as the backbone or the supporting structure of the Opera. Its strategic rhythm and melodious tempo helps the story unfold and captures the audienceâ €™s attention and carries them along as the opera develops.It helps in the escalation of feelings and provides dramatic sequences throughout the entire opera. c. Overture Overtures are theatrical introductions or short musical preludes that are usually coming from the theme of the opera itself. It sets the emotion of the audience in preparation for the first act and could run anywhere from 5 to 15 minutes. However, this style was later on disregarded to give way to preludes or sometimes totally overlooked in some operas. IV. What are the forms of an Opera? a. Dramatic The term drama pertains not only for the lyrics or the texts of the opera but also about the feelings the music eludes.The original Italian composers called their works as dramma per musica and this tradition can be traced back from religious plays that also utilize music to relay their accounts. In a musical play, although complete by itself already, cannot be all together called an operatic drama unless it employ s music that helps heighten the emotion. In writing dramatic operas, composers usually make use of situations that involves sadness and eludes a distressing sentiment, at the same time applying higher registers of voice (soprano) to indicate passion or cacophonous mixtures to depict fear.Although there are points in which voices do occasionally rise from excitement and anger, the skilled composer would turn the music to become identical with the feelings arose by the character. b. Romantic The beginning of the 19th century inspired an artistic movement called romanticism and became widespread in literature, art and music. It spells imagination, creative freedom and subjectivity of interpretation. During this period artistry became luxuriant and flamboyant, employing large scale orchestras, higher notes, enormous choruses and more passionate solos.The theme as well was all on the subject of longings, faraway places, unrequited love affairs, intense romances, melancholic characters, n ostalgia, tempestuous romances, nationalistic themes and magical beings. Gioacchino Rossini of Italy was inspired and created an opera based on Sir Walter Scott’s Lady of the Lake or La Donna del Lago in 1819. However it was Giuseppe Verdi whose works lamented the Austrian oppression of Italy highlighted patriotism in its utmost romantic fervor. German romantic opera was made famous by two outstanding composers in the personality of Richard Wagner and Ludwig Van Beethoven.Beethoven’s only opera Fidelio in 1805 introduced romanticism in Singspiel. The difficulty Beethoven went through while composing Fidelio was reason enough for him to never make one again. Wagner composed the romantic drama Tristan Und Isolde in 1865. In his final masterpiece, Parsifal, about the quest for the Holy Grail, Wagner created such beautiful music that other opera houses took it in immediately and it was considered as a very successful work suitable to end such a wonderful career. V.Twentiet h Century Opera The romantic period of Opera ended when harsh times came with the war, this ushered twentieth century opera in a very peculiar way. Although Wagner’s Parsifal is still being played, Richard Strauss created Salome in 1905 based on a play by Oscar Wilde. Strauss was regarded as Wagner’s successor when it comes to creating beautiful music. Other successors are Arnold Schoenberg and Albag Berg and became known as the second Viennese school. Berg created Wozzeck in 1925 and Lulu in 1937.Schoenberg composed Expectation in 1909 and Moses und Aron in 1957. English opera looked on to the Indian epic Mahabharata to derive the Opera Savitri by Gustav Holst in 1916 and Ralph Vaughan Williams composed Sir John In Love in 1929, an adaptation of Shakespeare’s The Merry Wives of Windsor. Igor Stravinsky, a Russian born composer who settled in the United States composed a remarkable collection of Operas, ranging from the romantic The Nightingale in 1914, the Gree k drama Oedipus Rex in 1927 and The Rake’s Progress in 1951.VI. Conclusion Opera nowadays is still being played by various theater houses all over the world, not just Europe anymore. Opera became widespread and more and more contemporary composers deep their hand into producing operas and making it available for public. However, it seems that Opera had come back to its previous state of being patronized only by elites and socialites way back in Italy in the late 1600s.Opera had become unreachable and in the present situation of the world right now, it is hard to depict the poverty, the terrorism and the hunger that occupies the humankind presently. Opera can not be flexible and it would be absurd to see artists dancing and singing in an attempt to depict hunger in Africa. Unlike other stage shows wherein they could properly address this issue and show the reality that they want to portray. Opera can never be mainstream, it enjoys a position at the top of the musical industry and it shall stay there forever.

Friday, August 16, 2019

Market Efficiency

EMH or Efficient Market Hypothesis has been accepted as one of the foundations of financial economics, in fact, Fama first marked out the concept â€Å"efficient market† in financial literature in 1965. Fama stated it as one which safety values completely expose all accessible information. The market could be considered as efficient if the results of market values to new information are instant and impartial. EMH is the notion that information is rapidly and proficiently integrated into asset prices at any instance, in order to guarantee that old information could not be serve as an instrument which could predict price progresses. As a result, three types of Efficient Market Hypothesis are being classified depending on the degree of available information (Fama, 1998). The weak form Efficient Market Hypothesis specifies that existing asset prices already reveals past price and volume information, the information restrained in the previous succession of prices of a security is completely exposed in the present market price of the said security. Its name â€Å"weak form EMH† was derived from the fact that security prices are the most overtly and easily obtainable information. It entails that nobody would be able to outdistance the market by making use of something that everyone else’s know. However, there are still quantities of financial examiners who are examining the past stock price sequence and trading volume information in an effort to spawn revenues. This method is labeled as technical analysis that is declared by the EMH as ineffective in foretelling prospect price variations (Sewell 2007). The semi strong form Efficient Market Hypothesis on the other hand asserts that each and every openly accessible information are equally already integrated into asset prices, meaning to say, every openly accessible information is completely mirrored in a security’s existing market prices. The public data confirmed not only past prices. Rather they also show information conveyed in a company’s financial reports, company’s proclamations, and the like. In a way, this also entails that nobody would be able to outdistance the market by making use of something which everyone else knows, this also signifies that a company’s financial reports could not be used in foretelling future price progress and safeguarding high venture returns (Sewell 2007). The strong form Efficient Market Hypothesis specifies that private as well as insider data is immediately included by market prices and hence could not be utilized to gather irregular trading incomes. Therefore, all data or information is completely mirrored in a security’s existing market price which in turn entails that even the company’s administration would not be able to generate profits even by using the insider data they have. The justification for this is that the market expects in an impartial way, future advancement and thus, data has been integrated and appraised into market price in a more impartial and enlightening manner than insiders. The arbitrary walk style of asset prices is an enlargement of the Efficient Market Hypothesis, as well as the beliefs that the market could not be constantly beaten, arbitrage is not possible, and â€Å"free lunches† are in general, not available (Clarke et al. 2007). The EMH has entailed that nobody could surpass the market either with security selection or with market timing, therefore, it holds enormous negative consequences for several investment approaches. In general, the force of EMH could be scrutinized from two dissimilar angles. The first one would be from the investor’s perspective. Technical analysis makes use of price as well as the volume as the center point for foretelling future prices, the arbitrary-walk data implies that prices of securities are influenced by news; Positive news would help increase the price while negative news would be the cause of price deflation. Thus, it is only fitting to ask the value of technical analysis as a way of deciding security investments (Clarke et al. 2007). Fundamental analysis includes the use of market information in establishing the inherent value of securities in so as to classify those securities which are underrated. In spite of this, semi strong EMH implies that essential examination could not be utilized to surpass the market. In a proficient market, fairness research and assessment would be an expensive undertaking that offers no advantages. The likelihood of discovering an underrated supply should be arbitrary. Oftentimes, the advantages from data compilation and fairness studies would not include the expenses of doing the study (Jones 2002). For best investment approaches, investors are recommended to pursue an inert investment tactic, which does not make any endeavor to surpass the market. Investors ought not to choose securities arbitrarily based on their peril loathing or the tax arrangements. This, however, does not imply that there would be no assortment of management. In an efficient market, it is an excellent tactic to have a arbitrarily expanding across securities, which holds little or no records charge and minimum implementation expenses in so as to optimize the proceeds. An unyielding buy-and-hold procedure is not most advantageous for corresponding to the investor’s requested level of threat. Also, the portfolio manager ought to select a portfolio that is equipped in the direction of the time sphere and threats report of the investors (Jones 2002). Second is the financial managers’ perspective wherein managers ought to bear in mind that markets would either under or over react to information, the company’s share price would mirror the information regarding their declarations and the historical share price account could be employed as a determinant of company accomplishment and management would hold be hold accountable for it. When shares are under priced, managers should avert from handing out new shares since this would only aggravate the condition. In usual situations, market efficiency theory offers informative predictions into price performances. In general, one can conclude that investors should only anticipate a typical rate of proceeds while the company should be prepared to obtain the adequate value for the securities they handed out (Jones 2002). However, the idea that markets act constantly with the efficient market hypothesis is debatable, particularly in its stronger forms. For one, it is doubtful that man-made markets are strong-form efficient. Especially, when there are prima facie basis for ineptitude as well as the unhurried dissemination of information, the comparatively immense power of several market partakers, and the existence of seemingly advanced professional investors. I believe that one of the major defects EMH is the way markets respond to unexpected news. For an instance, news upshots like interest rate changes from ventral banks are not immediately taken credit of in stock prices. Instead root continued progress of prices over a certain period of time, say from a few hours to months and the like, one should also take into consideration that only a limited number of people have prior familiarity or awareness regarding laws about to be passed, new pricing controls fixed by certain organizations like Federal Reserve banks as well as legal verdicts that causes a broad array of economic parties. The public should consider these things as random variables; however, players within those inside information could rectify the market, but commonly in an inconspicuous way in order to escape exposure (Clarke et al. 2007). There is also another inconsistency which has been detected between the EMH theory and real markets. The said inconsistency is that at market extremes, what fundamentalists may regard as ridiculous behavior is in fact the standard behavior; in the latter parts of a bull market, the market is motivated by consumers who don not take much into account the core value. By the end of a crash, markets go into freefall while partakers disentangle themselves from the location in spite of the scarcely good value that their earlier positions symbolizes, this is denoted by the huge variations in the assessment of stocks in comparison to basics in bull markets in comparison to bear markets. A theorist may claim that reasonable partakers should always instantaneously take lead in the unnaturally low prices which resulted from the illogical partakers by acquiring contrasting places. However, this is noticeably not generally adequate to avoid bubbles and crashes from increasing. It might be supposed that countless sensible partakers are conscious of the illogicality of the market at extremes and are eager to permit illogical partakers to force the market as they like, and only benefit themselves with the prices when they have got more than just basic motives that the market would revert back near its earlier fair value (Sewell 2007). Behavioral finance stated that upon entering positions, market partakers are not mainly motivated by the price status; rather, they are mainly motivated by anticipating the rise or fall of the prices. To pay no heed of this could be perilous. Allan Greenspan cautioned participants of irrational exuberance in the market during the year of 1996. However, some merchants who sold short new economy stocks that appeared significantly overcharged during those times had to acknowledge grave losses when prices arrived at much more astonishing heights (Jones 2002). EMH was first presented in 1960. Before that, the existing belief regarding market is its exact opposite – markets are inefficient. Inadequacy was generally believed to exist. A good example of this was in US and UK’s stock markets. On the other hand, previous work of Kendall implies that the changes in United Kingdom’s stock market prices are arbitrary. Researches conducted by Brealey, Dryden and Cunningham showed that there are no considerable reliances in price changes which implies that United Kingdom’s stock market is a weak-form efficient, in addition to this proof, are other researches of capital market which suggested that they are semi strong-form efficient(Jones 2002). Examinations conducted by Firth in UK have contrasted the share prices presented after an invasion declaration with the bid offer, this showed that the share prices were completely and immediately modified to their exact levels; therefore the United Kingdom’s stock market was indeed semi strong-form efficient. Yet, the market’s capability to effectively react to a short term and broadly advertized event (i.e takeover proclamation) could not automatically be viewed as analytic of a market efficient at pricing concerning more long term and vague aspects (Clarke et al. 2007). Other pragmatic proof which defends Efficient Market Hypothesis came from researches which show that the revenue of market averages go beyond the revenue of vigorously ran mutual funds. Therefore, to the degree that markets are inefficient, the advantages achieved by capturing the ineptitudes are override by the inside fund costs occupied in locating them, promoting, and the like (Sewell 2007). It could be that proficient as well as other market partakers who have find out dependable trading regulations or devices could find no basis to disclose them to academic researchers or it could be that there are no information breach among the intellectuals who examine the markets and the professionals who works in the market. There are bystanders who identify apparently ineffective facets of the markets that could be take advantage of. Example of this is seasonal tendencies and deviating twists to assets with different traits. Efficient Market Hypothesis cynic’s maintains that there are investors who have outdistanced the market. Among them is Peter Lynch, Bill Miller, and so on. These investors’ tactics are to a high level founded on recognizing markets where prices do not precisely mirror the accessible information, in straight negation to the EMH which clearly entails that â€Å"no† such opportunity could ever exist (Clarke et al. 2007). It is imperative to take notice of the fact that the EMH does not account for the observed fact that the most profitable stock market partakers have equal share of stock picking guidelines, which would, in turn, denote an extensive conclusive correspondence among stock picking policy as well as investment accomplishments. The EMH also seems to be lacking in consistency with several occasions in stock market history. For an instance, the stock market crash which occurred in 1987 saw the S&P 500 drop more than 20% in October in spite of the fact that there is no major news or events that took place before Monday of the crash, the fall apparently came from nowhere, this would likely imply that relatively irrational behavior could seize stock markets arbitrarily. Furthermore, Bruton Malkiel, a renowned advocate of the universal legitimacy of Efficient Market Hypothesis has counseled that particular budding markets such as China are not empirically efficient, he further stated that the Shanghai as well as the Shenzhen markets, in contrast to the markets in US, show signs of substantial sequential relationship, non-random walk, as well as proof of exploitation (Clarke et al. 2007). Thus, in contrast to what Efficient Market Hypothesis implies, there are certain instances which go contrary to its claim. It is unlikely for market to be consistently efficient as was shown in this paper. Provided that the theory of EMH is true at some point in time, one could not just conclude that it would be true for all instances and for all period of times. Works Cited Clarke, Jonathan, Thomas Jandik, and Gershon Mandelker. â€Å"The Efficient Market Hypothesis.† (2007). Fama, Eugene. â€Å"Market Efficiency, Long-Term Returns, and Behavioral Finance.† Journal of FinancialEconomics. (1998). Jones, Steven L., and Jeffry M. Netter. â€Å"Efficient Capital Markets.† (2002). Sewell, Martin. â€Å"Efficient Market Hypothesis.† (2007).            

Thursday, August 15, 2019

Lord of the Flies Compare and Contrast

Lord of the flies a book by â€Å"William Golding†. It’s about a group of boys who crashed landed and got deserted on an island way off their planned route, with no shelter, food or water. They must do whatever they can to survive. There are twists and turns but in the end it comes down to a very big life motive and a moral. In the beginning of the story, the boys were all separated from each other. Piggy picked up a shell typed object, and told Ralph to blow in it. This part of the story showed that Ralph can come up with ideas and knows his geological facts. Ralph decided to blow in it, which made all the boys come to one place. This showed that piggy’s idea was great but when the boys gathered around Ralph and Piggy, they thought it was Ralph’s idea which gave him a bit of an edge towards leadership. They were all deciding on a leader to take front of this survival issue. Jack and Ralph were the oldest so they went into debate. Ralph is a little bit more muscular and straight backed then jack was. On the other hand jack was a skinny, longed faced character and didn’t show much appreciation for the debate. One other thing that Ralph was doing that he was standing on a rock at the time, while jack was sort of with the group just standing on a side. This already gave Ralph the advantage on who looks more presentable and responsible of becoming a leader. Another fact is that Ralphs father is a commander which gave him even more reasons to become the leader of the group. For now jack really doesn’t care but later on things get physical. As we go on in the story it came to a point where jack was getting frustrated with Ralph’s rules and how things should run. One of their biggest fights were about if fire was more important than food. While jack wanted to find a way to kill a pig, Ralph wanted find a way to start fire. This part of the story shows a divide happening between them. This is sort of like our world, the two different types of government, communism and democracy. They have a divide between them about what you can do and cannot. After jack makes his own group with his set of rules and promised there will be food. An example I can give for this is the elections we have. There are different groups and leaders debating on who can offer what to the city and what benefits you will get a behalf of you a citizen.

Wednesday, August 14, 2019

Why fashion is important

Some, of us were born loving fashion and some just weren't. Whether you love it or hate it your personal style and fashion is very important to whom you are as a person. Why? Because it reflects you as an individual; beside when you look good, you feel good! Fashion can transform your personality I mean isn't it amazing how clothes can make a person? Have you, ever heard the phrase â€Å"you are what you wear†? YES! Yes because more than 20%of us hare this phrase on a day to day bias. Our clothes tell us who we are in a society and tell others about our personalities, our wants, needs, talents, dispositions and destination. It has been said by Mrs. Rosie Montage, professor of social psychology that 98% of what we say does not come from our mouth. If so then clothing is a very silent but tremendously powerful communicator. It can camouflage or cover up; it can build or destroy an image, it can say â€Å"I am as good as you†, â€Å"I have the same interest†, â€Å"I am important†, â€Å"I am not important† or even â€Å"I take myself and work too seriously! But by judging someone based on their appearance makes them feel inferior. Why? Because you are assuming that you know them better than they know themselves; that's just deceitful as every single human sees the world through different eyes! Never the less appearance is all so essential as it is the only visible clue to individuals, individuality, which has now become a mean for us humans to evaluate others. We simply do this by assessing the outfit the person is wearing the moment they enter a room. The majority, of you properly think that fashion is all about fancy clothes, long snake skin stilettos hills and gorgeous models. But to be honest it is an industry that provides a form of earning and future for more than 25% of people in our society. As we all know fashion is an enormous industry which contributes the economy y by providing employment for people like textile workers, designers, manufactures, shopkeepers and models. Bar braking into the industry is remarkably hard due to this most workers at the base of the hierarchal chart do not gain as much income over the years. For instance we often see on TV models looking luxurious and wealthy but that's far from reality as 5% suffer from eating disorders as they try to fulfil the designer's demands and also compete for the number one spot of top model! One thing that really irritates me about our society today is the atrocious attitude that some individuals have towards the fashion industry. You do know that fashion is not all about clothes, shoes, and make up and that there is a scientific side to it; your properly wondering how? Well new materials such as nylon, Orlon and Dacron were found by fashion designers. These materials are known used in most product processing industry all over the world! Although fashion designers got to the new materials first many argue that scientist would have properly discovered the source first if fashion did not interfere! Fashion. Well what is it? It's a sweet demon deep inside every single one of us which fills our lives with exotic colours and out of this world creation! But why do I want you to believe its so important, because it send out a message of permutes importance to not just our peers but to other individuals we do not talk to directly; Believe it or not statistics show that being well dressed is psychologically important because confident in our appearances leads to confident in our success in life and if your that one person who doesn't care about fashion and style then your really not living to your full potentials!

My Philosophy of Education Personal Statement Example | Topics and Well Written Essays - 1250 words

My Philosophy of Education - Personal Statement Example When planning the educational philosophy, we should consider our purpose and know our goals to teach the students. The educational philosophy consists of theories that include logic, epistemology, metaphysics, and axiology. Logic finds answers to questions and is thus a way to evaluate arguments. Epistemology is the study of the philosophy of knowledge. It provides insight into such dimensions of knowledge as faith, reason and truth. Metaphysics is the study of reality (metaphysics-for-life.com, n.d.). It provides insight into the spiritual and religious knowledge and issues. Axiology is the knowledge about values. As a professional educator, we should have the right values, morals, and motivations to inculcate in the students. In the realm of the philosophy of education, there are certain questions that need be answered. They are: Who should know? What to know? How to know? When to know? And Where to know? This set of who, what, how, when and where completely defines the philosophy of education. Let’s start from the answer to the first question; Who should know? My philosophy of education says that everybody should know. Education is a fundamental necessity of every human being in the present age. It is not a matter of choice. Anyone who is born in the present age is obliged to receive education irrespective of his/her financial status. It is for this reason that going to school is compulsory for both the boys and the girls. What to know? is a suitable topic for debate. There has conventionally been considerable debate about what should be included in the curriculum and what not. These days, there is increased emphasis upon the importance of inclusion of such controversial topics in the curriculum as sex education. I believe that anything can be taught but following the standards of ethics. For example, students must be educated upon the importance of using contraception in sex and be made aware of the different kinds of sexually transmitted diseases an d the potential protective measures that can be taken to avoid them. The students must not, however, be shown any sexually explicit material in the name of education. This is my educational philosophy for a classroom setting. In the present age, knowledge is omnipresent. Normally, people are expected to know principally about the profession that they have formerly seeked education in, but nowadays, there is so much awareness that an individual that has not even pursued education about a certain field can get to know pretty much about that. This can be explained with the help of an example. Let’s suppose a teenage boy feels that his chest is a little too puffy than it should be in the boys his age. He needs to know if there is a medical problem, but he thinks that the condition is too embarrassing to discuss openly with his parents, siblings, friends or the doctor. It is just he who knows it and wants to do something about it. But the boy does not need to disclose his conditio n to anybody as long as he has a computer with an internet connection. All the boy needs to do is type â€Å"what causes puffy chest in teenage boys† in the search engine and the next thing he sees is links to innumerable articles about gynecomastia – that is a condition in which men grow unusually large chest because of hormonal imbalances. The boy gets to learn the name of his condition for the first time, and the moment he knows the

Tuesday, August 13, 2019

Ecological Services Essay Example | Topics and Well Written Essays - 500 words

Ecological Services - Essay Example Ecological services help to maintain these necessary requirements. Decreasing evaporation, maintaining proper water quality, using natural resources for clean energy is all very important in ecological services. Each services carries out a specific role that contributes to one another in some way. Two services that are most important from â€Å"The Ecological Service of Rivers†, includes providing water for drinking and the providing of irrigation water. Each one of these services contributes to eating and drinking which are important for human survival. Without clean water to drink and water to replenish growing seeds, human life could not remain stable. A river is an important provider of drinking water. Providing drinking water is one of the most important ecological services that rivers can provide. Providing clean drinking water allows for human and animal replenishment that is free of toxins. Toxins that can be found in water include pesticides, diseases, parasites and carcinogens. Another reason why drinking water is so important is because of the cleaning it can provide which leads to a safe environment. Clean water can help prep an area for surgery and allow for proper and safe preparation of food. Clean drinking water also continues to help maintain clean drinking water. When clean water is used and then recycled it is easier for water to keep its cleanliness. Irrigation is important for proper vegetation. A rivers ability to provide the ecological service of irrigation helps maintain life. Irrigation can help seeds grow even when an area may be in a drought. Being able to sustain enough water to irrigate crops will provide much vegetation. Irrigation also makes for proper land up keep. Many use irrigation to water plants that don’t produce food. Irrigation can help trees grow which provide oxygen and flowers that provide pollen. Each element of life is important as each life feeds