Free Narrative Essays - Transcendentalism :: Example Personal Narratives

Introspective philosophy   An entire month of being decent. From the beginning, I didn't think it was even humanly conceivable. In spite of the fact that I generally attempt my hardest to be lovely, I'm snidely clever essentially. This venture, regardless of how persuasive and elevating it could be, would quite be no stroll in the recreation center. All things considered, I chose to drive forward. Regardless of whether I wound up being a finished Transcendental disappointment, possibly I'd in any case get the hang of something en route.   On the primary day, I went for around twenty minutes before splitting a joke at my closest companion. It wasn't anything strange for me, yet I really halted and pondered the potential results of my activities. Advancement! I went for an additional twenty minutes, in all probability, before making a type of mean remark, however. Oh no.   In the period of Transcendentalism, I kept a diary. I made an Introspective philosophy certainty sheet and thumbtacked it to my divider. I might not have attempted my hardest consistently, however I made a genuine endeavor. Generally speaking, in an entire month, I might not have been totally fruitful in getting Transcendental. Contingent upon whom you ask, I might not have even gained a lot of ground in getting even remotely Transcendental. As I would see it, however, I think it worked.   Why? you inquire. Since, throughout this venture, I took in a great deal about myself, my companions, and the manner in which activities influence everybody around me. Through this undertaking, I understood the significance of tolerating others for what their identity is, of relinquishing outrage, of confiding in your own choices, and of stepping up to the plate and transform you. Truth be told, there was just a single precept of Transcendentalism - opposing destiny by driving destiny as opposed to being driven by it - that I made some hard memories accepting, I think I increased a superior comprehension of why that contemplation is so significant throughout everyday life.   I question that I was anything else than 50% effective in getting genuinely Transcendental, however a change for the positive is an improvement from previously. I've perceived the significance in the little endowments throughout everyday life. Having a caring family, a rooftop over my head, and living in a general steady condition are things that I would not really have set aside the effort to acknowledge and be grateful for previously.

adolescence essays

youth papers Youth for me is the period inside human life when the greater part of an individual's attributes are changing from virtuous to adultlike. Changes in the body are the most discernible happening at this stage. Different sorts of improvements occur, for example, scholarly, scholastic. Social and profound. During the period of Adolescence, young ladies body is changing in size, shape, and hormonal structure. Immature young ladies center around their evolving bodies. They feel, look and act in an unexpected way. Retaining every one of these progressions is troublesome. The distraction with bodies at this age can't be exaggerated. Little defects become fixations. Exactly now that their bodies are getting rounder, young ladies are informed that meager is lovely, even objective. Young ladies in this stage feel a colossal strain to be delightful and know about steady assessments of their appearance. The film Welcome to the dollhouse outlines this marvels. Dane had never stressed who was well known or appealing, yet with pubescence everything changed. Her clssmates out of nowhere began to prod her in light of what she looked like. All of asudden, her looks made a difference. Her moniker was dogface, and they called her like this to her face. She was to a great extent disregarded by different children. Her confidence began to disintegrate as she encountered dismissals. At this phase of life, young ladies who are disagreeable, are segregated. What's more, famous quite often is tied with being delightful. For this situation, Dane was viewed as monstrous by her cohorts and most exceedingly awful of all without a recognize. This was the motivation behind why she was kept separate from public activity and missed the formative encounters young people most need at this phase of their life. Dane was beginning to see the significance of physical appearance so as to be acknowledged by individuals. Indeed, even with her folks this was an issue. Her folks were continually giving their unified consideration to their most youthful kid and not to Dane. In this way Dane tied it up as ... <! Puberty articles Puberty Puberty is the best stage throughout everyday life, in light of the fact that youre at long last growing up also, arriving at a particular age where you can deal with your self. You dont have your folks pestering on you, about holding their hand when your going across the road. There is significantly more possibilities for you to get out and meet new companions. You can engage in much more, by joining sport groups, understudy gathering, and the entirety of the other after school exercises there is accessible for you to engage in. Also, getting included encourages you help your notoriety. Which additionally causes you make those new kinships. There is partys that you can go to, and have a ton of fun at. There are additionally a great deal of things about immaturity that may turn individuals off from feeling this is the best stage throughout everyday life. There is much more duties to take on, and a great deal of friend pressure. You need to make a great deal of decisions. Now and again its hard, in light of the fact that you dont need individuals to think your moronic or a chicken for not accomplishing something. Here is one of the decisions you need to make is who you spend time with. The individuals you hang with make a enormous contrast. You dont need to get into an inappropriate group, and end up getting in a tough situation with the law, or doing anything inept that you would lament a while later. In the event that you locate the correct horde of companions theyll make this ... <!

Best of Book Riot Everything I Need to Know About Teaching Literature I Learned from Winnie the Pooh

Best of Book Riot Everything I Need to Know About Teaching Literature I Learned from Winnie the Pooh To celebrate the end of the year, were running some of our favorite posts from the last six months. Well be back with all-new stuff on January 7th. _________________________ Ive been a full-time college instructor of composition and literature for just over two years now, and in that time Ive taught 17 classes (now working on my 18-21st classes this semester) and read an awful lot of pedagogical theory. But I think my favourite pedagogical philosopher has to be A.A. Milne, the creator of my favourite little character in all of literature: Winnie-the-Pooh. In grad school, I often aligned myself with Piglet (it felt awfully hard to be brave being only a Very Small Animal), but Im now seeing more and more wisdom in all the characters of the Hundred Acre Woods. Let me walk you through what I mean. Patience, grasshopper. If the person you are talking to doesnt appear to be listening, be patient. It may simply be that he has a small piece of fluff in his ear. I was really not prepared for how many times we would have to discuss a theme or idea before it became common classroom parlance. But you know, it also took me two-plus years to learn all the acronyms at the college where I teach, and I still mess half of them up on a regular basis. Most not-listening isnt happening out of malice. And whether the fluff in the ear is exhaustion or worry about other classes or a mild case of the not-giving-a-damns, its almost never about me. Its okay to wing it. One of the advantages of being disorganized is that one is always having surprising discoveries. I used to plan these obsessive lectures, with long, detailed notes. I would write everything in even the corny jokes I was going to make and plan not only for the questions I was going to ask but for all the possible answers I could foresee. Can you spell Control Freak, boys and girls? One day in my second semester of teaching a 4/4 load, the wheels fell off the bus and I was panicked. Id marked all night, I was exhausted, and I had a class to teach armed only with my copy of the novel, my margin notes, and about three ideas I wanted them to take home. I walked into class and, terrified, began to just ask questions based on the questions I had posed to the text in my margin notes. We had the best. discussion. ever. And I never looked back. There is a book for everything. Then would you read a Sustaining Book, such as would help and comfort a Wedged Bear in Great Tightness. Books are comforting. I probably dont need to tell you that; youre reading Book Riot. But sometimes I forget that I am, for the most part, teaching 18- and 19-year-olds who are having VERY BIG MOMENTS and for whom the books I choose surprisingly turn out to be their own Sustaining Book.  Of course, this isnt literary criticism, but its a way into the book, and sometimes thats a great start. Sometimes the essay murders the idea. When you are a Bear of Very Little Brain, and you Think of Things, you find sometimes that a Thing which seemed very Thingish inside you is quite different when it gets out into the open and has other people looking at it. I have these marvellous conversations with students about texts where they can really see deep, thoughtful interconnections of ideas. They leave my office and I sit there, in a trance, because all of a sudden Im thinking about the text in a whole new way. And then I read the essay from the same student, and I feel like Ive been hit by a train. But you know, thinking Thingish Things is hard work and takes quite a lot of practice; writing Thingish Things down and retaining their Thingishness is an order of magnitude larger again. So I now try to build in lots of chances to discuss Thingish Things in different ways before the essay approaches, hoping some of the Thingishness can shine through. Leave my pretensions at the door. It is more fun to talk with someone who doesnt use long, difficult words but rather short, easy words like What about lunch?” Most things academics say, especially to first-year literature students, could stand to be simplified and clarified. This isnt about dumbing down but rather creating access points into the text. I remember as undergraduates, my husband and I were, in separate classes, frustrated with the concept of postmodernism, until one of his professors described it as, The Big Fuck Off.  Ahhhhhh, that I can get! Okay, now lets dig deeper. So we start with lunch, and we move on to the history of the baguette. Eventually. Literature is more than the intellectual. “Rabbits clever, said Pooh thoughtfully. Yes, said Piglet, Rabbits clever. And he has Brain. Yes, said Piglet, Rabbit has Brain. There was a long silence. I suppose, said Pooh, that thats why he never understands anything.” I have been humbled on more than one occasion by a student pointing out a totally surface, obvious reading of a text that brilliantly shatters my hyper-complex theory of the texts meaning. Grad school trains us to think one way, but its not the only way to approach texts, and the fresh eyes and ears of someone eagerly engaging with a text for the first time can spark such a fruitful conversation. Rome wasnt built in a semester. Rivers know this: there is no hurry. We shall get there some day. Every semester, I teach two sections of literature and two sections of academic writing. My students are unlikely to become either master close-readers or master essayists in a single semester of academic study, no matter how awesome I am. I found this disheartening at first. But now, starting my third year of teaching, Im just starting to hear from those early students about how they eventually did get why paragraph structure matters or how to read a poem. Im starting to understand that first-year English is about planting seeds and giving them just enough care and attention that theyll be able to sprout when theyre ready. Do you have a favourite Winnie-the-Pooh quotation to live by?

Studying The Different Types Of Ratio Analysis Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1465 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Ratio Analysis is a technique used for financial analysis in which the figures are converted according to the ratios allotted for some useful assessment in comparison with the ratios of the past years and setting a bench-mark for the future years. This technique is very useful so as to establish the trends and bring in light, the strengths and weaknesses of the firm. The ratio analysis includes ratios that which are made up from the financial statements of the firm and includes key factors like profitability ratios, return on capital employed, liquidity ratios, working capital management ratios and capital structure ratios along with the stock market ratios. Don’t waste time! Our writers will create an original "Studying The Different Types Of Ratio Analysis Finance Essay" essay for you Create order The health of any company is clearly visible in the ratio analysis and gives the interpreter a clear picture when it is compared with the performances of previous years and other similar industry competitors. (Droms W.G., 2003) RELEVANCE OF RATIO ANALYSIS: Helps in assessing the firms performance: This technique is highly beneficial in assessing the financial health, profitability and operational efficiency of the firm. It ensures that the weaknesses of any firm will not go unnoticed as each and every fine detail is mentioned in the statements which will again be reflected in the ratios found out. Easiness of comparison within industry competitors: This technique is essential so as to compare the returns of the concerned firm with the industry standards and other leaders of the industry. Determination of financial health: This technique is used by the firm so as to know about the financial health of the firm in regards with the improvement or deterioration. It helps in setting out the direction of a companys action as the output is right out in front. Beneficial for budgeting and forecasting: The technique is used by the firm so as to know about the financial health of the firm in regards with the improvement or deterioration. It helps in setting out the direction of a companys action as the output is right out in front. Long Term Solvency: This technique is also widely used for its relevance in determining the financial health of the company down the line after few years due to various ratios like leverage ratios and capital structure ratios. (Steffy W., Zearley T., Strunk J., 2007) Weakness of ratio analysis: Many big companies operate in different business departments, thus it is difficult for them to compare against industry average. Inflation has played a key role in distorting the balance sheets as the written value is sometimes not even near to the original value, since the depreciation charges and cost of inventory is substantially affected by it. Different accounting practices being followed in the industry makes it more difficult for them to compare with other competitors. (Brigham E.F., Houston J.F., 2007) Profitability ratios: This ratio basically tells the analyst whether the business is making profit or is at some loss. It also lets the management know whether their strategy has been successful, if any related to the increase of profit margin. Gross Profit ratio: (Gross profit/sales)*100 % For 2008 = (62784.73/313923.68)*100 = 19.99 % For 2009 = (82404.96/494429.8)*100 = 16.66 % For 2010 = (102025.19/682784.01)*100 = 14.94 % Net Profit ratio: (Net profit/sales)*100 % For 2008 = (31392.36/313923.68)*100 = 9.99 % For 2009 = (43164.5/494429.8)*100 = 8.73 % For 2010 = (53454.35/682784.01)*100 = 7.83 % These ratios indicate the capacity of the company to generate profit or to control its business. The firm has seen the gross profit ratio and net profit ratio decline from 2008 to 2010. This has been primarily due to the fact that the firm has seen the sales figure increasing and not so great increment in profit share in it which might be possible due to the poor management of the funds or assets of the company. Share-holders ROCE: (Profit/Shareholders fund)*100% For 2008 = (31392.36/46215.25)*100 = 67.92 % For 2009 = (43164.5/92640.79)*100 = 46.59 % For 2010 = (53454.35/150838.46)*100 = 35.44 % Overall ROCE: (Profit/ (Shareholders fund + Borrowed Capital))*100 % For 2008 = (31392.36/46215.25)*100 = 67.92 % For 2009 = (43164.5/92640.79)*100 = 46.59 % For 2010 = (53454.35/ (150838.46 + 14822.87))*100 = 32.26 % The firm has been experiencing a drastic drop in the return on capital employed. This has happened primarily due to drop in the increasing rate of profit and huge increments in sales happening. Liquidity ratios: Liquidity imitates any firms ability to meet the short term obligations against the assets owned by the company which are readily convertible into cash. Current assets are mentioned as working capital as this is the capital which is used in day to day expenditure of the company. Current ratio: (Current assets/ Current liability) For 2008 = (44584.73/11561.84) = 3.86 For 2009 = (100200.45/21344.94) = 4.69 For 2010 = (180632.43/29942.21) = 6.03 This ratio indicates the capacity of the firm to pay off its debts within the time frame of a year with current assets in hand. The industry standard is considered to be 2:1. In our case, the company has been experiencing a sharp increase in this ratio. This has happened due to the fact that the company is keeping most of the money from the profits or sales in banks and are not investing it into the business. Quick ratio: ((Current assets stocks)/ Current liability) For 2008 = (40879.01/11561.84) = 3.53 For 2009 = (92789.01/21344.94) = 4.35 For 2010 = (165809.56/29942.21) = 5.54 This ratio emphasizes on the fact that not all assets are easily and instantly convertible into cash including the likes of stocks. In our firm, it has increase a sharp increase in the ratio from 2008 to 2010. This is also due to the same reason for keeping most of the cash in the bank and not investing it into business. Working Capital Management: This ratio basically emphasizes on how well the assets or services of the company are being utilised. This would gauge a firms capability to use the credit it receives from the market and in turn receive the investment from the debtors as quickly as possible. Stock Holding Period: (Average stocks/cost of sales)*365 For 2008 = (3705.72/251138.95)*365 = ~ 6 days For 2009 = (7411.44/412024.84)*365 = ~ 7 days For 2010 = (14822.87/580758.82)*365 = ~ 10 days This ratio tells the analyst about the time frame that the firm has to keep the stocks with them before they are sold into the market. This ratio is increasing from 6 to 10 days in the end which is not a matter of concern. Debtors Collection period: (Debtors/ Total Sales)*365 For 2008 = (7411.44/313923.68)*365 = ~ 9 days For 2009 = (15564.02/494429.8)*365 = ~ 12 days For 2010 = (35574.9/682784.01)*365 = ~ 20 days This ratio tells us the capability of the firm to collect money from its debtors as not all business transactions are done in cash. Here we see that the time frame has increased more than double for collection which is not a good sign and the company should follow up closely with the clients and put a bit of pressure on them in the permissible limit. Creditors payment period: (Creditors/cost of sales)*365 For 2008 = (8300.81/251138.95)*365 = ~ 13 days For 2009 = (16601.62/412024.84)*365 = ~ 15 days For 2010 = (24605.97/580758.82)*365 = ~ 16 days This ratio tells us the time frame that the company takes before handing out the payments back to the creditors. The time frame has been increasing from 2008 to 2010. This is a good sign as this means that the money which is handed out late to the client can help the firm in any investment for that period or to earn interest on it. Capital Structure ratios: Financing of a company is done either by equity or debt. Equity allows the directors of the company to decide at their own discretionary. But, debt financing involves an element of greater risk and an obligation to pay off the investment along with the interest to the concerned institution or investor. Gearing ratio: (Borrowed Capital/ (Shareholders fund + Borrowed capital))*100 For 2010 = (14822.87(14822.87 + 150838.46)) = 8.95 % This ratio is not applicable for 2008 and 2009 as the company was all financed by equity capital and was not using any borrowed capital or long term loan. But, in 2010, the firm borrowed capital from the market which is a good sign as it helps the company in reducing the taxes as the interest paid for loan is included after deduction of interest. Interest cover: (Net Profit/ Interest) For 2010 = (53454.35/ 1482.29) = 36 times Since the company had no borrowed money in 2008 and 2009, thus it was not entitled to pay any interest. But, after borrowing money in 2010, it was clearly visible that the company had more than enough funds to cover the interest to be given to the concerned institution or investor investing in the firm. Dividend Cover: (Net Profit/ Dividends) For 2008 = (31392.36/3261.03) = 9.62 times For 2009 = (43164.5/4743.32) = 9.1 times For 2010 = (53454.35/5336.24) = 10.02 times The company is in a strong position to pay out the dividends to its share holders which would further instil confidence in the investors to invest more. CONCLUSION: After analysing through the reports of the company and glancing through the ratios, we come to the conclusion that the company is in desperate need of proper management which can take suitable actions. These actions include primarily increasing the gearing ratio of the firm which looks very low. This would in-turn solve most of the problems by saving the money from going into the tax and diverting it as interest. Another key suggestion might be to decrease the money in the bank and invest it into the company, so that the company can experience greater growth rates and an increased opportunity for the investors as well. The firm should also keep a close eye on the debtors collection period ratio as the time has more than double within 3 years which is not a good sign.

Venture Capital, Owner Financing Trade Credit - Free Essay Example

Sample details Pages: 3 Words: 957 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Compare and contrast essay Level High school Did you like this example? Venture Capital Venture capital represents a type of private equity capital that used to finance firms that are at the early- stage for elaboration of new products and services or at the development stage. The investors for venture capital, known as limited partners that comprise both wealthy individuals which have financial capital and institutions that have large amounts of available capital such as private state funds, pension funds, donations, foundations, insurance companies and mutual funds. Venture capital is also referred as risk capital which normally invested in private company. It involves investments in unquoted companies with growth potential and is generally medium to long term in nature made in exchange for a stake in a company. A venture capitalist can be an individual or investment firm who makes venture investment is expected to bring their managerial and technical expertise along with capital to their investments (en.wikipedia.org 2014). Young st art-up companies with high growth potential, most often in high technology industries such biotechnology and information technology(IT) turn to venture capitalists for funding as they cannot raise capital in the public markets and unable to a secure abank loanor complete adebt offering due to lack of collateral. These companies have a limited operating history and need additional funds in developing their business. By investing in small, unproven and less mature companies, venture capitalists assume high risk in exchange for significant influence on company decision and a portion of companyà ¢Ã¢â€š ¬Ã¢â€ž ¢ ownership (en.wikipedia.org 2014). There are three major types of venture capital which include business start-ups, business development and management buyouts. In the stage of business start-ups, venture capital organization provide capital to the firms that need funding for marketing and product development to enable them to get off the ground. While, in the stage of business development, venture capitalists organization may be willing to provide development capital for a company which wants to expand or invest in a new product or new market. The third type of venture capital is management buyouts which is the purchase of all or part of a business from its owner by its managers. Owner Financing Finance from the ownersà ¢Ã¢â€š ¬Ã¢â€ž ¢ personal sources is nearly always the initial source of finance for a business, whether from the owner or from family connections. At this stage because many assets are intangible, thus external financing is an unrealistic prospect and may be difficult to obtain (accaglobal.com 2014). As many small companies have weak financial base, they generally use internally generated funds in the form of personal savings or borrowing from family, relative and friend to start up a business. Trade Credit Trade credit is an important source of short-term finance, especially for small and fast growing companies. It is a kind of credit which defined as an arrangement to purchase of goods and services by one trader to another without making immediate cash or cheque payments(en.wikipedia.org 2014). A limit is usually set, commonly called credit terms once a business enters into trade credit arrangements with its suppliers (accaglobal.com2014). For example, a customer could set cash or cheque payment to be made within 10 days from the date of the invoice and this may give customers an advantage of obtaining any early payment discount. By using trade credit, small companies are able to delay payments to suppliers for goods and services that already purchased, which is useful in managing cash flow. One of the most important benefits of using trade credit is the reduction of transaction costs which involved in paying and managing invoices between suppliers and buyers. As trade credit separates the payment cycle from the delivery cycle and pay bills periodically instead of every time that goods are delivered, it helps in reducing the transaction costs. The amount of days of the credit term is determined by the company which allowing the credit to customers and is agreed upon both parties (accaglobal.com 2014). The indirect costs of making maximum use of trade credit include the loss of early payment discount and the loss of supplierà ¢Ã¢â€š ¬Ã¢â€ž ¢s goodwill. VASILESCU, LAURA GIURCÃÆ'„à ¢Ã¢â€š ¬Ã… ¡(2011) VENTURE CAPITAL OPPORTUNITIES AND LIMITS IN FINANCING THE SMES. Jul2011, Vol. 13 Issue 3, p107-110. 4p. https://web.b.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=a3144830-ff08-475c-b230-435d8bd91e06%40sessionmgr113vid=0hid=124 en.wikipedia.org(2014) Venture Capital [Online] Available from :https://en.wikipedia.org/wiki/Venture_capital#Types [Accessed 9th November 2014] https://en.wikipedia.org/wiki/Venture_capital#Types https://www.boundless.com/finance/textbooks/boundless-finance-textbook/obtaining-capital-methods-of-long-term-financing-14/types-of-financing-107/ven ture-capital-456-3808/ Dagogo, Daibi W(2009) THE EFFECT OF VENTURE CAPITAL FINANCING ON THE ECONOMIC VALUE ADDED PROFILE OF NIGERIAN SMEs. Vol. 5 Issue 5, p37-51. 15p. 1 Diagram, 4 Charts. https://web.a.ebscohost.com.tarcez.tarc.edu.my/ehost/pdfviewer/pdfviewer?sid=7236747c-426e-4a6a-8964-3f636959e061%40sessionmgr4003vid=0hid=4114 accaglobal.com(2014) Business Finance and The SME Sector [Online] Available from:https://www.accaglobal.com/my/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/business-finance.html[Assessed 9th November 2014] www.accaglobal.com/my/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/business-finance.html academia.edu(2011) Descriptive analysis on the pattern of SME financing in Malaysia [Online]Availablefrom:https://www.academia.edu/4916487/Descriptive_analysis_on_the_pattern_of_SME_financing_in_Malaysia https://www.academia.edu/4916487/Descriptive_analysis_on_ the_pattern_of_SME_financing_in_Malaysia accaglobal.com(2014) Trade credit is probably the easiest and most important source of short-term finance available to businesses[Online] Available from:https://www.accaglobal.com/my/en/business-finance/types-finance/trade-credit.html [Assessed 9th November 2014] https://www.accaglobal.com/my/en/business-finance/types-finance/trade-credit.html https://www.ipedr.com/vol4/11-F00028.pdf(tr) https://en.wikipedia.org/wiki/Trade_credit(2014) Trade credit [Online] Available from: https://en.wikipedia.org/wiki/Trade_credit [Assessed 9 November 2014] Don’t waste time! Our writers will create an original "Venture Capital, Owner Financing Trade Credit" essay for you Create order

Philosophy Life Examination Free Essays

My Life Examination First of all, my previous essay was a part of my life examination. I am glad you caught me on plagiarizing because now I really know that you read all of our essays. Unfortunately a few of my classmates and I did have doubts about it. We will write a custom essay sample on Philosophy Life Examination or any similar topic only for you Order Now Also, I feel like I can argue a lot for plagiarizing, but that is not what this assignment is about. Even though I agree with Sergey Trufanov’s ideas about life in general, I do not feel like I can explore them further and simply reciting them would also be considered as plagiarism. But I do have my own conclusions about life examination, disappointments, and death. I cannot say that I am a philosopher, just like I cannot say that I can speak English. In order to claim that, a person needs to be comfortable using his tools to be considered a professional, which unfortunately, I am not, but I do believe that my ideas deserve to exist and to be explored in philosophical ways. Life examination. To examine life you need to test it, challenge it. Everyone knows that you won’t know till you try, but for some reason not everyone does it. In my opinion it is better to do something and regret it than not do anything and regret not even trying. It refers even to the smallest things, like a new flavor of ice-cream. How would you know that you do not like it unless you taste it? Trying things is the only way to figure them out. I have so much of personal experience about trying new things, and it proved itself every single time. Like when I came to United States five years ago; I did not speak a word of English, I did not know how to drive, I was scared beyond belief, but trying new things got me to where I am. It is okay to be scared, but it is not okay not to challenge your fears and examine life in every way possible with everything that raises questions. Here I agree with Socrates â€Å"The unexamined life is not worth living. † Disappointments. Disappointments are worthless. They are based on our expectations of results. If you do not want to be disappointed, stop waiting for things and people to meet your expectations. We all are our own people. We do not live to please everyone around us. Why expect everyone around me to please me, if I am not doing it for everyone else? Why expect a sunny day and get disappointed if it rains? I am not the center of the universe, so why should it be sunny for me? We are causing things to upset us and at the same time we are blaming everyone and everything else. Of course people are selfish, it is just a human nature, but if we are selfish, why do we let things ruin our lives simply by expecting good things to happen? Everyone is trying to do whatever makes them happy and feels good. Why get disappointed if it upsets us. People are so controversial. Death. I agree with Arthur Schopenhauer on the subject of death. Crying for dead is like crying for someone who was never born. Why we are so scared of death? We all know that we are going to die, so I believe that being ready for it is more important than being scared of it. But how can we be ready? Well, examining life to its fullest would do the trick. Doing new things, answering questions, exploring the unknown, all of that makes death just one of the projects. Possibly one the last ones, but we do not know, till we try. We are scared of death because we do not know what is waiting for us after we leave this world and this life. But exploring everything here and now makes it easier and simpler to move on and accept the fact that we are done. Thinking that after we die the world will not be the same is just another example of human selfishness. How many people have died before us? How many will die after? And the universe is still here, it is still growing, it is still alive. One death is just one drop in the ocean; it will not change the world. And Schopenhauer’s quote â€Å"Matter, which now lies before you as dust and ashes now, dissolved in water, will settle as crystal, will shine in a metal, scatter electric sparks in a galvanic voltage show the power, that by expanding the strongest connection, turn the earth mass into metal; and not only that: by itself it will embody in plant and animal, from its mysterious womb will produce the very life, the loss of which you are so afraid of in your narrow-mindedness† shows that we never die completely, therefore being afraid of death thinking that without us the world will not be the same is very much silly. As you can see, in this essay I did not use any philosophical terms, but this is My Life Examination, in my life I do not use terms, I use simple language because like Einstein said â€Å"If you can’t explain it simply, you don’t understand it well enough. † How to cite Philosophy Life Examination, Essay examples

Australian Housing Prices Global Housing Watch

Question: Describe about the Australian Housing Prices for Global Housing Watch. Answer: For years now, the Australian Property Bubble has been an ongoing debate. Many believe that Australian houses are significantly overpriced (Janda 2014). According to the IMFs Global Housing Watch, Australia is one the most expensive places to buy a house (Jericho 2014). It is ranked number three, after Canada and Belgium. This year June, Sydney property prices for established houses rose by 3.2 percent. By 2015, Sydney had the highest median house price among capital cities at $929, 842 (Jericho 2014). It is worth noting that the house prices in the Australian real estate market are expected to continue rising. Reasons behind Surging Housing Prices Low-Interest Rates Low-interest rates have characterized Australia since 2008 (HSBC Warns 2014). As a result, the borrowing capacity increased for the countries citizens owing to the lower repayment rates. In turn, this led to record levels of secured home loans to investors. Besides, the ten years before the beginning of the financial crisis saw the tripling of housing prices in the country. During this time, banks had the ability to create money through the money creation process each time they administered a loan (HSBC Warns 2014). As a result, the money created by banks increased significantly. The increased money in circulation caused by excessive lending was a major driver of the rise in housing prices. Limited Government Releases of New Land Around 1980, Australian states began implementing rigid planning laws that control the use of land (House Price Rises 2016). Mainly, these were systems of land rationing where developments were banned in all areas except the selected regions. Consequently, this created an extreme property price inflation due to the limited supply amid high demand for land. Over time, property prices increased significantly. In turn, this increased the cost of development and eventually led to the rise in house prices in the country. Pressures of Supply and Demand Housing prices in the country rise faster that income because of the pressures of demand and supply. Structural economic and development changes have led to increased urbanization. It is noteworthy that this increased urbanization has made urban land scarce (Australian Population Growth 2010). Therefore, as the population size increases, the scarcity of land increases. Over time, the growing demand for land and housing in urban areas for the available land puts pressure on the prices of houses to increase (Janda 2014). As a result, the prices of homes have become increasingly unaffordable to many individuals in Australia. Unfavorable Tax System By and large, the Australian tax system favors existing home homeowners and investors more than the savers. Investors are given substantive tax deductions as incentives to invest in the country. To make investment attractive, Australia has also allowed negative gearing for investors to claim losses against their taxable income (Janda, 2014). Thus, they are more motivated to invest in housing developments. In the process, citizens are sidelined and charged exorbitant taxes on their earnings. Consequently, this makes an investment in housing and other forms of property rather expensive (Rasche and Williams, 2005). Investment Rule Changes for Foreigners In 2008, the Australian government enacted legislations that relaxed rules for foreign buyers of property in the country. As a result, overseas investors take advantage of the laws to acquire property in the country. Unfortunately, they buy them to land bank and not rent them out because such investors are only interested in their capital growth (Schwab 2009). Additionally, many Australian lenders and banks offer home loans to non-residents to purchase property in the Australian market, thereby contributing to the increase in the countrys house prices (Schwab 2009). Macroeconomic Solutions the Government Can Undertake to Ensure Affordable Housing for the Younger Generation Monetary policies Contractionary Monetary Policies to Increase Interest Rates Levels. The Australian government can implement contractionary monetary policies to increase interest rates in the country. According to Jericho (2014), contractionary monetary policies will lead to a decrease in the supply of money in the economy. A drop in the supply of money will lead to a significant increase in interest rates. Higher interests rate will result in reduced consumption and investment (Naylor n.d). It is worth noting that reduced consumption results in a lower aggregate demand. Likewise, the higher interest rates will increase the cost of borrowing and discourage Australians from taking loans and mortgages (Jericho 2014). The higher interest rates imply higher credit costs, and therefore the demand for housing by foreign investors, and existing homeowners will reduce considerably (Naylor n.d). Increasing Reserve Requirement for Banks. The Australian government should consider increasing the cash reserve ratio for banks. This will increase the percentage of deposits that financial institutions are expected to hold as reserves and maintain liquidity (Rasche Williams 2005). By raising the reserve ratio, the government will achieve a significant decrease of money created and lent by financial institutions to Australian citizens. The government will, therefore, be able to control the amount of lending in the economy as well as the money supply (Rasche Williams 2005). Consequently, a reduction in the money supply will mean that not many Australians and foreign investors will have the money to purchase property in the Australian real estate market. In turn, this will lead to a significant decrease in the demand for houses. Subsequently, a reduction in the level of demand will reduce pressure on the limited supply, thereby relaxing house prices in the country by a substantial amou nt (Jerciho 2014). Fiscal Policies Revenue Policies/Tax policies. The Australian government can use instruments of fiscal policy to reduce the taxation levels for its citizens. By and large, revenue policies affect the level of personal income tax rates, indirect business tax rates, corporate profit tax rates, as well as contributions to social security (Naylor n.d.). Reducing the tax rates for its citizens will result in an increase in the disposable income available for individuals to invest in the real estate market. Additionally, Macroeconomic theory proposes that decreasing tax rates will reduce the level of GNP. Consequently, a decline in GNP will indirectly influence demand for housing by prompting variations in economic variables (Naylor n.d). Decreasing Government Spending. Reducing government expenditure is a contractionary fiscal policy used when the price levels in the country are too high (Dolamore 2016). In this case, the high house prices in the Australian property market can be regulated by a contractionary fiscal policy that reduces competition of the government in real estate property can reduce can substantially reduce pressure on property demand, thereby reducing prices of houses in the country (Rasche Williams 2005). Relaxing Legislations on Land Use The government may also instigate flexible legislations and policies as regards to the use of land in Australia. Also, this can be done through the utilization of under-utilized and state-owned land to enhance affordable housing development through the sale of land, leasing or establishment of a Community Land Trust (Whitzman, Newton Sheko 2015). Furthermore, it should investigate funding mechanisms for affordable housing such as government backing for bond instruments, social housing bonds, and shared equity schemes alongside investors and developers to ensure the development of affordable housing options for the younger generation (Whitzman, Newton Sheko 2015). Furthermore, the state government should facilitate legislations to support the development of affordable housing in Australia financially. Whitzman, Newton and Sheko (2015) suggest that this can be achieved through value capture revenue and state-owned land release such as neighborhood gentrify. It is also the responsibility of the state and local governments to deliver a planning framework that dictates minimum design requirements as necessary to ensure the availability of quality, family friendly and affordable housing for the people of Australia. Urban Planning Reforms The Australian government should explore funding mechanisms for affordable housing in the countrys urban areas. According to Whitzman, Newton and Sheko (2015), this can be done through enabling accessory units and laneways that reduce requirements and restructure affordable housing approval procedures. Housing approval processes are made easier by limiting third party appeals, thereby allowing individuals to invest in building their own houses instead of being renters forever (Whitzman, Newton Sheko 2015). What is more, the government could also instigate community housing organizations, developers, investors and the local governments to work together in the Transforming Housing deliberative planning partnership to enhance the affordable housing sector (Affordable Housing 2016). Long-Term Tax-Credit Based Investments The Australian government in collaboration with the Commonwealth states can support a long term, tax credit based investment strategy. Such an approach is bound to increase the availability of affordable housing options for the people of Australia. Such programs can be administered by the Treasury or the Australian Tax Office (Whitzman, Newton Sheko 2015). Besides, this initiative will reduce the adverse effects of the current unfavorable tax system that favors investors and property owners at the expense of the savers and renters. Therefore, implementing tax-credit based investments will offer Australian citizens and residents the opportunity to invest in their own houses at rather affordable rates. Integrated Policy The lack of policy consistency in Australia creates additional risk and acts as a significant barrier to affordable housing in the country. Therefore, improving planning and infrastructure provisions will go a long way in developing affordable housing options in the state (Ma 2016). Primarily, affordable housing initiatives are based on the excellent horizontal integration of land use policies and transport with social infrastructure provision at the metropolitan and local scale of governance (Ma 2016). The state government in conjunction with the metropolitan governments can work together to maintain a lasting urban containment boundary within which there would be a rapid expansion of public transport making more areas available for affordable housing with good access to jobs and services (Whitzman, Newton Sheko 2015). Reference List Affordable Housing Working Group Issues Paper. (2016). 1st ed. [eBook] Australian Treasury, p.416. Available from: https://www.treasury.gov.au/~/media/Treasury/Consultations%20and%20Reviews/Consultations/2016CFFR%20Affordable%20Housing%20Working%20Group/Key%20Documents/PDF/Issues_Paper.ashx [Accessed 15 Oct. 2016]. Australian Real Estate, 2016, Why are housing prices rising faster than wages?. [Online] Available from: https://www.australianreal-estate.com/Real-Estate/news/NewsArticle.jsp?News_ID=5 [Accessed 15 Oct. 2016]. Dolamore, R 2016, Fiscal and monetary policy-renewed international debate. [Online] Parliament of Australia. 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