British Arguments During the Revolutionary War Essay Example for Free

British Arguments During the Revolutionary War Essay The colonists are good for one thing: complaining. They cry like babies for what just a few cents on their sugar and stamps, when in reality we were HELPING THEM. We made these taxes to defray for the defense of the colonies and to supply the troops. All they do is whine, whine, whine. They go on all day like fools with that idiot saying†¦ â€Å"No taxation without Representation.† 1764-Sugar Act 1765- Stamp Act Little Brats Somehow these peasants have made us look like the villains in the tragic event they call the â€Å"Boston Massacre. † Hey that is one way to put it, but truly they are the ones to be blamed in this whole bloody mess. The idiots started it by harassing some of our own sovereign soldiers, they even through snowballs at our soldiers. How rude?!? Oh well, they simply don’t have class. Sure, a few of the peasants died but it was simply self-defense. 1770- Boston Massacre Cavemen The Peasants have yet again come up with some crazy antics that even top off their outrageous behavior so far. This time they burned down one of our schooners- The Gaspee to be specific. Yes, that is right they burned down a ship. How grotesque? Idiots! Better yet, cavemen! They have no taste act like villagers. They even accused one of our finest commanders who was the captain of the ship- Lt. William Dudingston of being unjust and corrupt. Lies, lies, lies! 1772- The Burning of The Gaspee A Truly Intolerable Act Wait for this one, it is truly mind-blowing. Believe it or not, the peasants dressed up as Mohawks Indians and dumped 342 chests of tea into the Boston Harbor. This is a new low even for them. They are real idiots, wasting all that tea. How extremely insensitive of them? There are many people in this world that could have made a use of that tea. On the bright side, we punished them thoroughly.

The Quest for the Good :: Essays Papers

The Quest for the Good Is the Good something concrete to be obtained, or is it a way of life unique to individuals? This question is asked most assuredly in a biased manner, directing us along a path to the answer. It raises many logical questions of how, exactly, the Good is framed, and what it means to live a good life. To do this, an understanding must be found of what exactly the Good is. The questions of how the Good is structured and what the Good is are intricately tied together, and as such both shall be explored. The most important step in terms of the Good is the quest, as shall be found, because it is only by actively seeking the Good that one can find any understanding of it. As such, the quest for the Good shall be explored in The Republic by Plato, Confessions by Saint Augustine, and Death Comes for the Archbishop by Willa Cather. These works will help give a full understanding of what the quest for the Good is, and how it is difficult to define because it is so multiplicitous. Also, an outside framework will be explored, to be able to look at a world conception that includes many o f the themes explored by the authors, and the opposites which tend to be left out. Overall we will find the Good and the quest. To understand the breadth of the answer, the meanings of the question must be understood. The important questions are: can the Good be concrete? Can the Good be obtained? Is the Good a way of life? How is it unique? A concrete Good would be an immutable, unchanging Good. This would be a Good that exists in an abstract realm, something of a Platonic Form of the Good. If there were a less abstract Good, one more easily attained, we would all know it explicitly. Therefore, if there is an exact idea of what the Good is, it is hard enough to find that philosophers exist. The corollary to this question is, can the Good not be concrete? In other words, can the Good change or evolve, or is there always the same Good, forever? St. Augustine saw the Good as God, and saw God as non-physical and unchanging (Augustine, 4, ii(2)). As such, the Christian lifestyle, the Good life, would be a single path, the same throughout the ages.

Indigenous Health Essay

?â€Å"This is the welfare generation, and that is incredibly sad. That will be judged in history as being far worse; I believe, than the stolen generation, because we are literally losing thousands and thousands of our indigenous brothers and sisters to the effect of welfare- drugs, gunja, low morale, alcoholism. I see it every day and it can stop. The solution is education, training and a guaranteed opportunity. † – Andrew Forrest Andrew Forrest suggests that aboriginal Australians are worse off now than in the past. To what extent do you agree that the Aboriginal Civil Rights movement essentially failed? Legal rights- ref Wik Mabo Land rights Equal wages Publicity- to be noticed Reactions from politicians Freedom rides Sorry speeches Measures of equality Health + literacy stats Life expectancy Social attitude Racism- Adam goods in football Disease The 20th century has born witness to the ever changing landscape of the treatment of the Australian indigenous community. Throughout this period it has been stated that the Civil Rights Movements initial goals of total equality for indigenous and non-indigenous Australians has failed to some extent and has not fulfilled what it has initially intended to do. These statements can be seen as partially incorrect as the Civil Rights movement had some success in highlighting the plight of the indigenous Australian and generating some sort of action in Aboriginal issues and affairs. However, it is true that in some respects various factors of the Aboriginal Civil Rights movement have primarily succeeded, through publicity and legal rights. One fundamental success of the Civil rights movement in Australia was its ability to publicise the issues, and draw attention to the plight of the Australian indigenous population. The civil rights activists were able to use the media to voice their opinion; this was of great significance because this inevitably meant that there was a wide range of support for the movement from the non-indigenous society. For example the 1965 Freedom ride demonstrated to what lengths people were willing to take to expose the level of discrimination against indigenous people was a success. Led by Charlie Perkins, students travelled through western, northern and coastal New South Wales. The students who participated were for the most part non-aboriginal and had been involved in organised protests in Sydney. The tour started as a fact-finding mission but eventually ended as a protest against segregation across Australia. The Ride was to highlight examples of segregation including public pools, picture theatres and pubs, where Aboriginal people were declined entry. Perkins and the students helps to bring the ingrained discrimination and racism in NSW towns to the attention of the wider Australian public, and was part of a broader push for Aboriginal Civil Rights taking place across the county. Another success through publicity was the formal apology from former Prime Minister Kevin Rudd. He apologised to Indigenous Australians for poor or unwise treatment from the time of the European settlement through to recent years. Another example of a successful movement, through a public awareness campaign enabled a referendum to change the constitution which enables indigenous Australians to be recognised in the census. In 1967 the Holt government had rejected the land rights to the Gurindji people at Wave Hill. Recognising that there were inequalities to address, however Holt called a referendum to count Aborigines in the Australian census that same year. The referendum was most successful ever passed, with over 90 per cent of Australians agreeing to the application. The Mabo case in 1992 was one of the most significant moments in relations between indigenous and non-indiginious Australians and enabled the High Court of Australia to deliver its landmark Mabo decision, which rewrote the Australian common law and gave a massive boost to the struggle for the recognition of aboriginal rights. Eddie Mabo led the Meriam people and took action to the high court to overturn the doctrine of terra nullius. However if the original protagonists of civil rights here in Australia were alive I believe that they would believe that their dream has been deferred . This is because the original goals of the Civil Rights Movement failed because they did not achieve their initial objectives. Andrew Forrest states that â€Å"Aboriginal are worse off than in the past. † Australian Bureau of Statistics figures show that Indigenous Australians accounted for around 25% of Australia’s prison population in 2009. The age-standardised imprisonment rate for Indigenous people was 1,891 people over 100,000 of adult population, while only 136 for non-Indigenous Australians; which meant the imprisonment rate for Aborigines was 14 times higher than that of a non-indigenous person. Data showed that from 1989-200, 15. 7 per cent of homicide offenders and 15. 1 per cent of homicide victims were Indigenous. There is also a great variance in comparing Aboriginal life expectancy to a non-Indigenous person. Aboriginal people are expected to die more than 10 years earlier than non-Aboriginal Australians. The life expectancy is so low because Aboriginal health standards in Australia are so depraved that 45% of Aboriginal men and 34% of women die before the age of 45. 71% die before they reach the age of 65. Literacy rates among Aboriginal students are lowest in remote communities; reasons include low literacy of parents and poor school attendance. 30 per cent of Aboriginal adults lack basic literacy skills. Conversely racism in Australia is perceived as immoral and degraded, it is classified as intolerable. The Adam Goodes incident which included a 13 year old girl calling the Indigenous footballer an ape sparked opprobrium from all quarters. The effect of these remarks is simply to highlight how deeply racism runs through our community. There is no way of avoiding the conclusion that within us all there is a racist streak. Australia has come a long way in addressing racism in society, but the job is still a long way from being complete. The cumulative low literacy standards, increasing criminal statistics, the year gap in life expectancy as well as racism still exists are far more important measures of failures to the Civil rights movement. In this context, Forrest states about the state of contemporary aboriginal Australia is somewhat significant has some merit. Andrew Forrest suggests that Aboriginals are more beneficial to be living in the past rather than the present. His statement to some extent has merit; however there have been many successful events in the Aboriginal Civil Rights Movement that speak otherwise. Actions that have received accomplishment are firstly, publicising the discrimination and inequality toward non-Indigenous people. The significance of awareness led to a referendum to change the constitution, which allowed Aborigines to be recognised in the census. Political and legal change was substantial as demonstrated by the recognition of indigenous land rights. However these successes do not essentially achieve the aims of the Civil Rights Movement, and that the life expectancy, literacy gap as well as criminal records are more important measures of the failures of activism than the rather less perceptible gains by politicians. Forrest‘s solution is an accurate approach to the problem, with education, training and guaranteed opportunity Australia can change the living habits of the Aboriginal people.

Symptoms And Treatment Of Anemia - 1551 Words

Megaloblastic anemia due to dihydrofolate reductase (DHFR) deficiency 1. Abstract Studies have shown that folate deficiency megaloblastic anemia is associated with dihydrofolate reductase (DHFR) deficiency due to mutations in the DHFR gene. In order for tetrahydrofolate (THR) to be able to participate in the de novo synthesis of DNA building blocks, it needs to be regenerated from dihydrofolate (DHR). Regeneration of THR requires DHR to be reduced by the enzyme DHFR. Hence, a deficiency in DHFR will cause inability for THR to regenerate, leading to impaired DNA synthesis and reduced cell divisions. This then results in immature red blood cells (RBC) being released from the bone marrow into the peripheral blood stream. Various other diseases have been associated with megaloblastic anemia including increased risk of cardiovascular disease, birth deformities and/or stunted development and neurological symptoms such as psychosis and hallucinations. Although latest diagnostic tests are less invasive, more sensitive and take into consideration genetic factors, there is still potential room for improvement as there have been instances of misdiagnosis. Overlapping symptoms between megaloblastic anemia and other disorders such as schizophrenia, childhood absence epilepsy and other types of anemia proves a real challenge that needs to be overcome. Better treatment options such as gene therapy should also be looked into in order to improve patients’ quality of life. 2. IntroductionShow MoreRelatedRed Blood Cell and E.g. Sickle-cell Anemia Essay1720 Words   |  7 PagesAnemia is not considerate to be a specific disease; it is a manifestation of many abnormal conditions. Some of the abnormal conditions that causes anemia include dietary deficiencies of iron, vitamin B12, and folic acid; hereditary disorders; bone marrow damaged by toxins, radiation, or chemotherapy; renal disease; malignancy; chronic infection; overactive spleen; or bleeding from a tract or organ. The incidence of anemia in the world is very high. More than 50% of the world suffers fromRead MoreSickle And The Sickle Cell Disease1369 Words   |  6 Pagesgroup the sickle cell anemia is seen in is African Americans and Hispanics. Approximately one in every ten African American and one in every one hundred Hispanic Americans have the sickle cell trait. Approximately two million people have the sickle cell trait in America. Approximately one in five- hundred African Americans and one in one thousand to one thousand and four hundred Hispanic-Americans have sickle cell disease. No universal cure has been found for sickle cell anemia (â€Å"Facts About SickleRead MoreSickle Cell Anemia And A Wide Range Of Demographics1134 Words   |  5 PagesSickle cell anemia affects a wide range of demographics, from young t o old. However, there are specific groups of people who are likely more prone to this disease than any other group. This disease affects millions of people worldwide regardless of age, but it is particularly common amongst those who derive from specific regions of the world. Sickle cell anemia is most common in those whose ancestors are derived from the sub-Saharan region of Africa. Furthermore, other regions that are known to haveRead MoreSickle Cell Anemia1001 Words   |  5 PagesSickle Cell Anemia Prepared by: Jozalyn Velez Outline †¢ Definition †¢ Symptoms †¢ Causes †¢ Diagnosis †¢ Treatment/prevention †¢ conclusion Sickle Cell Anemia Sickle Cell Anemia is an inherited form of anemia, a condition in which there isn’t enough healthy red blood cells to carry sufficient oxygen throughout your body. Normally a person has flexible and round blood cells. With Sickle Cell anemia, Hemoglobin molecules in red blood cells, that carry oxygen in the bodyRead MoreThalassemia is a blood disorder transferred through families. It occurs when the body makes less700 Words   |  3 Pagesleads to anemia. There are two main types of thalassemia. The first one is Alpha thalassemia. This occurs when a gene or genes related to the alpha globin protein are missing or mutated. It happens mostly in Southeast Asia, the Middle East, China, and in those of African descent. If one gene is missing or damaged: Your red blood cells might be smaller than normal. You will have no symptoms and you will not need treatment. If two genes are missing or damaged, you will have very mild anemia that willRead MoreThe Most Common Blood Disorder: Anemia Essay1089 Words   |  5 PagesAnemia is a condition that develops when your blood lacks enough healthy red blood cells. These cells are the main transporters of oxygen to organs. If red blood cells are also deficient in hemoglobin, then your body isnt getting enough oxygen. For this reason, doctors sometimes describe someone with anemia as having a low blood count. A person who has anemia is called anemic. It can reduce your quality of life and increase you r risk of death. Anemia is the most common blood condition in the U.SRead MoreSickle Cell Anemia1187 Words   |  5 PagesCase:- Doctor informed complete studies of a 9-year old child with sickle cell anemia. Her main complaints were cough, vague pains in legs (joints), night sweats, abdominal pain, less hunger, and increasing weakness. In a series of knowing experiments that involved taking venous blood from the arm under different conditions, the doctor showed a connection between oxygen tension and sickling of the red blood cells in vivo. When the oxygen pressure fell below 40-45mm Hg, the sickling was marked increasedRead MorePernicious Anemia Essay1124 Words   |  5 PagesAnemia is a disorder of the blood. It occurs when your body does not produce enough erythrocytes or red blood cells (RBCs). Without the erythrocytes oxygen can not be adequately delivered to the tissues and organs throughout the body. This will cause you to become weak and tired. A person may also experience headaches, skin pallor, and faintness. Your body may attempt to compensate for these symptoms by speeding up the heart rate and respiratory rate. This is the body’s attempt to return oxygenRead MoreA Brief Description of Sickle Cell Anemia1165 Words   |  5 PagesAdams 1 Dwayne Adams Instructor: Croshaw Medical Terminology 1 18, April 2013 Sickle Cell Anemia Sickle-cell Anemia is a genetic blood disorder caused by the presence of an abnormal form of hemoglobin molecules in which the red blood cells loose their disc-shape and become crescent shaped. The shape also known as â€Å"hemoglobin S†. unlike normal red cells which are usually smooth and malleable, tend to collect after releasing oxygen, and cannot squeeze through small blood vessels. TheRead MoreCell Signaling Essay1583 Words   |  7 Pagesit comes to the topic of human disease breast cancer and sickle cell anemia have been the most prevalent. The importance of these topics in reference to breast cancer and sickle cell anemia are the background information on these diseases, the general population affected, what gene/proteins are involved in these diseases, the symptoms of the diseases, the experimental research, and the key advances/ problems relaying to treatment for the diseases. Understanding the background information and how

Essay on Resistance To The Modernity of American Culture

In the poem Howl, Allen Ginsberg challenges the political modernity of American culture that enforces the â€Å"best minds† to give up their freedom to gain the desired sense of normalcy that is glorified. He states â€Å"I saw the best minds of my generation destroyed by madness, starving hysterical naked/dragging themselves through the negro streets at dawn looking for an angry fix† (Ginsberg 9). That angry fix that he describes is what all of these â€Å"best minds† look for after being striped of their freedom to conform to the new American culture after World War II. Without question a â€Å"best mind† in Ginsberg’s reference is one with all the freedom and insight before the turn of American culture that explicitly loose it through modernity. The†¦show more content†¦Lastly, Ginsberg repeats â€Å"I’m with you in Rockland† in the final part. This addressed that not just Ginsberg himself is with â€Å"you†, the re ader, but also all the people that were destroyed by the desired normalcy of living. â€Å"I’m with you in Rockland/ where we hug and kiss the United States under/ our bedsheets the United States that coughs all/ night and won’t let us sleep† (26) Ginsberg states. Ginsberg reflects on the satire of people worshipping American culture when it is actually the cause of their trouble. They are glorifying a culture that restricts you to normality, and destroys the best minds. These parts take the reader behind who Ginsberg thinks the â€Å"best minds† are and how the American culture changed the fundamental desires to destroy them. American culture after World War II changed the idea of what people should desire for in life. The shift to looking for normalcy is what left the â€Å"best minds† looking for something more. The battle of politics left some people dishonestly worshipping Capitalism, or others resisting Communism. The ones â€Å"who burned cigarette holes in their arms protesting the narcotic tabacco haze of Capitalism† (13) says Ginsberg were just falling in to the consumerism that Capitalism aspired to, regardless that they claimed to be resisting it. The politics of America left those â€Å"who distributed Supercommunist pamphlets in Union/Show MoreRelatedModern Film On Our Rational And Critical Thought Processes1372 Words   |  6 Pagessubjectivities that will help the masses assimilate into modernity. Horkheimer and Adorno s understanding of film reflects our current reality. Although Benjamin acknowledges film s current state, he envisions a future where film trains us to cope with the pressures of modernity. In The Culture Industry: Enlightenment as Mass Deception, Horkheimer and Adorno argue film oppresses our ability to think critically. They base their argument on how culture today is infecting everything with sameness (HorkheimerRead MoreThe Effects Of Modern Film On Our Rational And Critical Thought Processes1395 Words   |  6 Pagessubjectivities that will help the masses assimilate into modernity. Horkheimer and Adorno s understanding of film reflects our current reality. Although Benjamin acknowledges film s current state, he envisions a future where film trains us to cope with the pressures of modernity. In The Culture Industry: Enlightenment as Mass Deception, Horkheimer and Adorno argue that film oppresses our ability to think critically. They argue how culture today is infecting everything with sameness (94). ThatRead MoreExploring Everyday Life Throughout Contemporary American History Essay866 Words   |  4 Pagescontemporary American soci-ety, noted the â€Å"acceleration of just about everything†: love, life, speech, politics, work, TV, leisure, etc. With this observation he certainly is not alone. In popular as well as scientific discourse about the current evolution of Western societies, acceleration figures as the single most striking and important feature. But although there is a noticeable increase in the discourse about acceleration and the shortage of time in recent years, the feeling that history, culture, societyRead More Revised Paper On German Modernism1235 Words   |  5 Pagesof Modernity Throughout time, nations have attempted to become independent from one another by discovering means, which would help their citizens experience more fulfilling lives. The dilemma that troubled each of these countries is whether or not innovations, in technology and society, led to a higher quality of life. Modris Eckstein and Marshall Berman examine both, the damages and benefits of modernity. Eckstein looks at individual changes that lead to the overall acceptance of modernity. HeRead MoreChallenging the Modernity of American Culture: The Howl by Allen Ginsberg1165 Words   |  5 Pageschallenges the modernity of American culture, which enforces the â€Å"best minds† (1) to give up their freedom to conform to the desired sense of normality. Ginsberg states â€Å"I saw the best minds of my generation destroyed by madness, starving hysterical naked/ dragging themselves through the negro streets at dawn looking for an angry fix† (9). His expression of Moloch The angry fix is what all of these â€Å"best minds† look for after being stripped of their freedom to conform to the new American culture after WorldRead MoreThe Discourse Of The Veil883 Words   |  4 Pagesdiscusses the origins and history as an idea of the veil which informs Western colonial discourse and 20th century-Arabic debate have several implications. The first implication is the evident connection between the issue of culture of women, as well as between the cultures of other men and the oppression of women, which was created by Western discourse. The idea that improving the status of women resulting in abandoning native customs was constructed by an androcentric colonial establishment, whichRead MoreGlobal Media1711 Words   |  7 PagesNowadays, people live in a global age and the pace of globalisation has accelerated as a result of the rapid development of technology and economy. Under the process of globalisation, both the local culture and the mass media are affected dramatically. The phenomenon of homogenisation and heterogenisation has been created and is considered as the most representative and symbolic impact. However, the topic of globalisation is highly controversial and needs to be analysed in depth. In history, threeRead MoreThe West Thought Of China And Japan1110 Words   |  5 Pagescentury, westerners had an ‘Orientalism’ mind about the Eastern countries. The word ‘Orientalism’ was used first in the book Orientalism by Edward W. Said in 1979. Its original meaning was an exoticism of the East appearing in European (Western) culture and art. Today, however, it is used to imply the distortion and bias of the West towards the East, justifying supremacy and domination of the West to the East. During that time, the West and the East (especially China and Japan) had contacted eachRead MoreEssay on Traditional African Music1598 Words   |  7 Pagesthe word traditional, presents a problem in many ways. The imp lications of the word are many, and are tied to various connotations. Some people, Westerners in particular, may actually shun the traditional, as they feel that it implies a resistance to modernity. This view is incorrect, and there exists an ethnocentric double standard when Westerners consider their tradition versus African tradition. Others focus on tradition as that which has always been done, for whatever reason, and that it mustRead MorePutting Constitutional Protections in the Backseat for Non-Conformist American Experiences606 Words   |  3 PagesA country born of laws, rights and citizenship with the idea of a free people to govern over themselves, was the original intent of the American experience. However, America did not inherit traditional bonds of a national identity, so it had to rely on a few cultural foundations that became critical in deciding who belonged in the American experience. The pillars seemed to be a common language of English, a religion based on a br oad view of Christianity, and the notion of a traditional family. As

Why tough teachers have good results - 2232 Words

Why Tough Teachers Get Good Results Wall Street Journal THE SATURDAY ESSAY September 27, 2013, 7:17 p.m. ET By JOANNE LIPMAN I had a teacher once who called his students idiots when they screwed up. He was our orchestra conductor, a fierce Ukrainian immigrant named Jerry Kupchynsky, and when someone played out of tune, he would stop the entire group to yell, Who eez deaf in first violins!? He made us rehearse until our fingers almost bled. He corrected our wayward hands and arms by poking at us with a pencil. Today, hed be fired. But when he died a few years ago, he was celebrated: Forty years worth of former students and colleagues flew back to my New Jersey hometown from every corner of the country, old instruments in†¦show more content†¦Wrong again. In a 2006 study, a Bowling Green State University graduate student followed 31 Ohio band students who were required to audition for placement and found that even students who placed lowest did not decrease in their motivation and self-esteem in the long term. The study concluded that educators need not be as concerned about the negative effects of picking winners and losers. 4. Strict is better than nice. What makes a teacher successful? To find out, starting in 2005 a team of researchers led by Claremont Graduate University education professor Mary Poplin spent five years observing 31 of the most highly effective teachers (measured by student test scores) in the worst schools of Los Angeles, in neighborhoods like South Central and Watts. Their No. 1 finding: They were strict, she says. None of us expected that. The researchers had assumed that the most effective teachers would lead students to knowledge through collaborative learning and discussion. Instead, they found disciplinarians who relied on traditional methods of explicit instruction, like lectures. The core belief of these teachers was, Every student in my room is underperforming based on their potential, and its my job to do something about it—and I can do something about it, says Prof. Poplin. She reported her findings in a lengthy academic paper. But she says that a fourth-grader summarized herShow MoreRelatedEvaluation Of Why Tough Teachers Get Good Results 937 Words   |  4 PagesTough Teachers Evaluation of â€Å"Why Tough Teachers Get Good Results† by Joanne Lipman is a well-supported article. Mrs. Lipman gives good insight to tough teachers getting good results form their students by using her experience with her music teacher Mr. Kupchynsky. She provides many references to case studies preformed on students in classrooms by doctors and graduate students to support her point. Mrs. Lipman explains that her Mr. Kupchynsky was a strict teacher, but because of his strictnessRead MoreEvaluation Of Why Tough Teachers Get Good Results 935 Words   |  4 PagesEvaluation of â€Å"Why Tough Teachers Get Good Results† by Joanne Lipman is a well-supported article. Mrs. Lipman gives good insight to tough teachers getting good results from their students by using her experience with her music teacher Mr. Kupchynsky. She provides many references to case studies performed on students in classrooms by doctors and graduate students to support her point. Mrs. Lipman exp lains that her Mr. Kupchynsky was a strict teacher, but because of his strictness when he passed awayRead MoreMad Hot Ballroom Essay1327 Words   |  6 Pagesall these students, everyone is expected to simply do the work at home, and come back to school to turn it in and receive more and do the same process over and over. But when there are other activities a child can be involved in, it makes routines have a slight change. Especially if these certain â€Å"activities† are being a requirement and not just an option because there are always students who never try new activities and miss out on opportunities. Therefore, students should be offered extracurricularRead MoreMovie Analysis : The Big Bucks 871 Words   |  4 Pagesmoney or improve their social status, teachers are the few who instead of earning the big bucks, will settle to inspire the young, and mold the future. It is an educator’s goal to promote the desire to learn as stated by Jaime Escalante in Stand a nd Deliver: â€Å"If you don t have the ganas [or desire], I will give it to you because I m an expert.†(Menà ©ndez). Future teachers can learn from the film Stand and Deliver to appreciate the positive impact educators can have on students facing an adversary, suchRead MoreWhy Tough Teachers Get Good Results1347 Words   |  6 Pages Author and speaker of the compelling article Why Tough Teachers Get Good Results, Joanne Lipman informs the public on different teaching styles and which ones have the best results. Dabbling in the careers of journaling, editing, and writing, obviously attending Yale University has given Ms. Lipman many opportunities to succeed in life in different areas. Although, having such a sheltered life as a white and privileged woman will obviously give her a different perspective of this topic. JoanneRead MoreNew York States Dignity For All Students Act Case Study888 Words   |  4 Pagesshe might come across.   This will allow, the  counselo r to provide information and solution to tough situations.    To fully comply with DASA, a school counselor must discuss the matter and collaborate with teachers, staff, parents, and community members. As stated above, to integrate DASA into the school. The school counselor could best do so by developing lesson plans on the topic. Therefore, teachers could collaborate with the counselor by leaving a period open periodically, where the counselorRead MoreViewing Bullying from the Perspective of Self-Empowerment1384 Words   |  5 Pagesvictim than the perpetrator (thesis). The perpetrator is playing into a predictable pattern of using power to seek social status and psychological control, or perhaps as a result of mental illness as Wente points out. Focusing too much on the reasons why bullies do what they do, researchers, parents, teachers, and children have forgotten to focus on the most important issue: how to turn bullying into a positive (stance). Bullying is not going away; it is something that adults do to each other andRead MoreAdvantage s And Disadvantages Of Being Bilingual1100 Words   |  5 Pagesof us have the privilege to speak two. Being bilingual has a lot of advantages. The amount of people I’m able to communicate with is larger than someone who only comprehends one language. I wasn’t born bilingual. It took years for me to fully understand both Spanish and English. It wasn’t easy, but I am now able to have a conversation with someone who just speaks English or Spanish. It was a long, tough journey, but it was definitely worth the time and effort. Learning one language is tough. EducatingRead MoreAristole962 Words   |  4 PagesEthics in Aristotle’s Philosophy Ruth Geter AC 504 Ethical Issues in Business and Accounting Unit 2 Assignment July 19, 2016 Aristotle Philosophy Introduction I have chosen Aristotle as my philosopher. â€Å"He was the first to argue that equals should be treated equally, and unequal’s should be treated unequally in proportion to their relevant differences† (Brooks and Dunn, 2014). In today’s society people sometimes lose sight of being ethical and often know what is right but chooses to notRead MoreAdvantages And Disadvantages Of Being Bilingual1052 Words   |  5 Pages We all speak a language, some of us have the privilege to speak two. Being bilingual has a lot of advantages. The amount of people I’m able to communicate with is larger than someone whom only comprehends one language. I wasn’t born bilingual. It took years for me to fully understand both Spanish and English. It wasn’t easy, but I am now able to have a full on conversation with someone who just speaks English or Spanish. It was a long, tough journey, but it was definitely worth the time and effort

Bidding for antamina free essay sample

1. In what way is the development of a copper mine like Antamina a real option? In what way is the bidding structure put in place by the Peruvian government an option? The mine had a valuable real option component, in the form of the right to develop the mine after completing exploration. The Peruvian government requested the bidders to state both the premium that they would pay and exercise price (development expenditure) they would set for this real option. What is the correspondence between these real options and financial options? Theoretically real options and financial options are very similar, however real options are usually solved through numerical methods (ex post) the binomial method or Monte Carlo simulation, since these methods allows more flexibility for setting up scenarios. What other real options does the owner of Antamina have? There are basically three options: †¢Option to Abandon †¢Option to Abandon at year 2 with penalty †¢Option of Early Development 2. Conceptually, how would you build a real options model to value the Antamina project? What data and assumptions would you need? Sources of Uncertainty (Variables) Revenues: Mine’s Life (approach = deterministic) Future Prices of zinc and copper (approach = stochastic on years 0 to 2) Quantity of Ore (Monte Carlo) Costs: Operations Expenses (Monte Carlo) Capital Expenditures (Monte Carlo) The spreadsheet, bid.xls, implements one model of the real options in Antamina. You should try to figure out how it works through reverse engineering. According to the workbook intructions. (1) Summary This worksheet takes as inputs the initial payment, the investment commitment, and the number of trials that the simulation is supposed to run for. Outputs: the amount of the bid, the NPVof the mine without the option to abandon (Section A) , the NPV of the mine with the option to abandon after 2 years, without penalty (Section B), the NPV of the mine with the option to abandon after paying the penalty described Section C). This worksheet also shows the penalty to be paid as a function of the investment commitment and the required investment for each of the three scenarios. (2) Parameters – This worksheet has all the input parameters required to calculate the WACC, inflation rates, and other capital markets data used by the DCF calculations. It also allows the user to change the probability of each of the three outcomes for the mine ore quantity. The lower portion of the worksheet has all the parameters required to calculate the paths for the copper and zinc prices and convenience yields. The drift rates are the long-run trend of copper prices, which are assumed random around the long-run trend. The convenience yields are modeled as mean reverting processes, which tend to oscillate around their means. A measure of how quickly this oscillation happens is given by the mean reversion parameter. The correlations between the commodity prices and convenience yields are also included. (3) Simulation Summary – This worksheet has the summary statistics from each of the runs, which areshown in (4) Simulation Results. (5) 2-yr prices – This worksheet has the monthly copper and zinc prices and convenience yields as calculated by the Monte Carlo model. For each run, a price and convenience yield path is constructed on a monthly basis according to the commodity’s volatility, mean reversion parameters, and correlations with the other parameters. The final price and convenience yield path (at month 24, 2 years), is used as input to calculate a 20 year forward curve of copper and zinc prices, which is then input into the DCF analysis to model the future prices of copper and zinc. (6)-(8) DCF spreadsheets – These three spreadsheets have a full DCF analysis of the mine for the three quantity scenarios described in the case. (9) Macro This worksheet is the macro that drives the Monte Carlo simulation. General Model: Basically what the model does is to calculate the PV of cash flows of the three different probability scenarios (high, expected, low) and the register the value obtained in the simulations results sheet, the three different values obtained are the weighted averaged according to the probabilities defined in the parameters sheet. This process iterates according to the number of trials set in the summary sheet. Option 1: In case that the PV is negative then the model automatically identifies this event, the real option is exercised and the PV is recorded then as 0 in another column for this particular simulation trial. The value of the investment is then weighted summed for values of PV 0. Option 2: The process is identical as the one described above, only that in case that the value of the investment is lower than the one initially committed then a penalty is applied. The penalty is calculated as followed: committed investment less real investment times 30% After the number of trials is completed then the model proceeds to calculate the value of the project according to the following scenarios: †¢No option to abandon: Mean of weighted averaged PVs, less the required investment (High scenario) less the feasibility study equals the project NPV †¢Option to abandon at year 2: Mean of weighted averaged PVs, less the required investment (Average) less the feasibility study equals the project NPV †¢Option to abandon at year 2 with penalty: Mean of weighted averaged PVs, less the required investment (average) less the penalty less the feasibility study less initial payment equals the project NPV What are the key assumptions and limitations of the model? How could it be improved? Apart from the obvious sources of uncertainty, the model works with a set of defined outcome probabilities for the high, expected and low scenarios. These are based on â€Å"expert† opinion, meaning that the results could be biased. The model assumes no uncertainty from prices after year two, which is not totally accurate; companies do no usually hedge to 100%, especially when volumes are so high. 3. Using the spreadsheet, bid.xls, calculate values for the project, and then submit a bid representing how much you will pay for the property. You may work in teams, but identify the members of your team when submitting your bid. You will submit three different bids, each one under a different set of auction procedures: †¢If the winning bidder was legally forced to develop Antamina after completing the exploration phase, and was required to pay the Peruvian government up- front for this project, what is the most they would be willing to pay? The should pay only the initial investment of $17.50 †¢If the winning bidder could choose to whether or not to develop Antamina at the end of two years, but was required to pay the Peruvian government a single fee up-front for the right to develop the project, what is the most they would be willing to pay? Under this alternative, there is no investment commitment or penalty; the firm merely pays the government up front, and has the right to develop at the end of two years. If they dont develop at year two, they lose the right to develop the field. The difference between the value of the project with option to aband and the value of the project with no option, for example: PV (Option) $1,662.31 – Pv (No option) $1,366.52 = $ 295.79 ïÆ'   Value of the option †¢Under the current bidding rules, the winning bidder states both an initial cash payment as well as an investment commitment that is paid only if they choose to develop the field. Bids are evaluated by summing up-front amount and 30% of the investment commitment. If you proceed with development, but fail to spend the full investment commitment, the Peruvian government will fine you 30% of the difference. What is the most that you would be willing to bid under these rules? How would you trade off these two components of the bid? PV (Option with Penalty) $1,664.15 – Pv (No option) $1,366.52 = $ 277.63 ïÆ'   Value of the option with penalty 4. What are the incentives brought about by the different auction rules?Do the rules seem to meet what you perceive to be the goals of the Peruvian government? What the government seeks is not only to secure the development of the mine but also the committed capital from firms participating in the auction.