Traditional Love VS Contemporary Love Essay Example for Free

Traditional Love VS Contemporary Love Essay Love refers to an ineffable and strong feeling towards another human being. It encompasses very many different feelings ranging from nonsexual feelings to passionate desire and intimacy associated with romantic love. Cancian (2000) explains that, Love has many forms which acts as main facilitator of interpersonal relationships and because of its psychological importance, love is one of the mostly used theme in the creative arts. All that we hear and see explains that romantic love is one of the greatest ideal, we all have to fall in love at one point and should stay in love.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The traditional perspective on marriage and love was a very great sense of commitment, fidelity and loyalty while the contemporary love is full of good feelings and emotional highs. Contemporary love is full of romance which is a decorated or exaggerated way of expressing love while the traditional love emphasized on true love which contained fidelity, loyalty and commitment. Romance and commitment really spice up a relationship but romance alone can not be defined as love since one can be very romantic with someone while their hearts and love are very far. Cancian (2000) urges that, Others just get romantic with people of the opposite sex just to satisfy their sexual desires with no feelings of love to the partner. On the other hand, commitment is accompanied with love since there is no way one can decide to be loyal, faithful and committed to someone without that strong feeling of love. Faithfulness, loyalty and commitment are fruits of strong and true love but this doesnt mean romance is not important, it spices up a relationship.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The modern romantic love is the personal freedom we have of expressing our feelings of love together with our feelings of how we would want the special person we love and care about feel us and see us. It is more of a modern touch to relationships and it is like an addiction. A relationship becomes more exciting if it has traditional love toped up with romantic love. Traditional love gives the durability aspect while the contemporary love gives the emotional aspect. Traditional love wins over contemporary love for being very solid, resilient and lasting, whereas contemporary love tends to last for a very short period of time as proved by many marriages in United states that has only lasted for a very short time. Romantic love is like fire which burns brightly for a short period and then it goes off. It is very easy to be faithful, loyal and committed to a partner that you love which makes relationships based on traditional love permanent. However without romance love lacks taste and excitement and it just become a routine. It is therefore very important to keep a balance of the two because when one truly loves, respect, faithfulness, commitment and loyalty to the partner becomes the fruits of love and at the same time the element of joy that is as a result of romance should be present. The human heart takes care of the contemporary love while the mind takes care of the traditional love.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Love has no limits and is very free, one has only to give it generously to others and will have more coming back. Both the traditional love and contemporary love are important because they compliment each other. Contemporary love gives the joy of being in a relationship while the traditional love gives fidelity, commitment and loyalty. For any relationship to last long and for it to be full of joy, both traditional and contemporary love should be emphasized.

Gregor Johann Mendel :: essays research papers

Gregor Johann Mendel Gregor Mendel was one of the first people in the history of science to discover genetics. He independently discovered his work and lived in Brunn, Czechoslovakia. In Brunn he was a monk and later the Abbot of the church in Brunn. While he was in Brunn he performed many experiments with garden peas. With the information he observed he wrote a paper where he described the patterns of inheritance in terms of seven pairs of contrasting traits that appeared in different pea-plant varieties. All of the experiments he performed utilized the pea-plant, which in this case is the basis of the experiment. Mendels work was reported at a meeting of the Brunn Society for the Study of Natural Science in 1865, and was published the following year. Mendels paper presented a completely new and unique documented theory of inheritances, but it did not lead immediately to a cataclysm of genetic research. The scientists who read his papers of complex theories, dismissed it because it could be explained in such a simple model. He was rediscovered by Hugo de Vries in The Netherlands, Carl Correns in Germany, and Evich Tschermak in Austria all at the same time after 1900. They named the units Mendel described "genes." When the gene has a slighty different base sequence it is called an "allele." Mendel also developed 3 laws or principles. The first principle is called the, "Principle of Segregation." This principle states that the traits of an organism are determined by individual units of heredity called genes. Both adult organisms have one allele from each parent, which gives both organisms 2 alleles. The alleles are separated or "segregated" from each other with the reproductive cell formation. Mendel's second principle is the, "Principle of independent assortment." This principle states that the expression of a gene for

Reconstituting Local Manufacturing Essay

Is it possible to reconstitute local manufacturing and local food markets, or has Globalization ultimately made this impossible? The global economy and marketplace have impacted local industry and local manufacturing harshly. With consumers having choices from international companies able to import their products, a common market pool for the whole world, it has become more difficult for the local merchants to thrive. Also, many Western companies have established themselves in developing countries, such as McDonalds and Starbucks, with over 31,000 and 18,000 locations operating worldwide respectively. While the influx of multi national corporations has created economic opportunities for many in the communities that they operate within. However, with this prosperity has come the evaporation of local industries. What are some of the factors that could help or inhibit the reconstitution of local manufacturing and local food markets. One enormous problem could be the price of doing business and the amount of capital it takes to operate in these markets. These international companies have vast reserves of capital to fund their operations in various countries, even buying up local enterprises to reduce their competition. These corporations also spend an enormous amount of cash on advertising. Thus they are able to extend their brand recognition into their new destinations. This is the formula that has also worked well in American cities. Companies are able to buy out their competition with less expensive production costs or less overhead. These companies can operate on a smaller margin than the local merchants, who do not have the benefit of mass produced overseas inventory. (Kantor, 2002). On a political scale, globalization has had an effect on the policies put into place by local entities that have an impact on the local manufacturing and food market. Through the increased surge in international competition, national policies that are aimed at preserving the structure of local communities and upholding social equality have dwindled and been phased out. Looking to nurture economic growth, many local governments invite foreign investments (Held & McGrew, 2012). While these foreign investors infuse  currency into the local economies, the toll they take on the local markets, may not be worth the tradeoff. Could the local governments be taking or mismanaging the funds? Perhaps the cash infusion could be put to better use to help stabilize or revitalize the local manufacturing and markets. The case could also be made that the concessions that the local governments make to entice international companies into their country make it difficult for or at the least do not address the local manufacturing companies and their concerns. Because of the problems caused for the local manufacturing and food markets, wages and income for the local population also suffers, which influences their purchasing power. This creates a circular effect because without purchasing power the local community cannot support more local manufacturing. This is certainly a way in which globalization has hindered local manufacturing and will make it difficult to reconstitute it in the future. Some of the ideals championed by those who favor globalization will naturally work against the reconstitution of local manufacturing and food markets. For example, the principle of economic advantage commonly referred to as the iron law, demands that the best of the countries that initiate competitive strategies is deemed to outdo other competitors from the market. Put simply, if a particular foreign country grows a particular local product more efficiently, then there would be no need to grow the product locally (Davis, 2012). This would force the importation of the product from a foreign country which would obviously hamper the ability of local establishments to be able to compete in that market. In fact, some experts think that because of globalization, in the future all food consumed in America will be imported from elsewhere. It has become financially beneficial to import food instead of growing it locally. This change in economic patterns in response to globalization has hampered the growth of the local industry (Obstfeld, 2000). And functioning in this way will certainly hamper the local manufacturing and food markets to be reestablished and flourish. Another factor of globalization that is well documented is that of outsourcing jobs to developing countries with a cheaper labor force. Much of  this outsourcing has come in the manufacturing sector with many American workers losing their jobs to countries such as China and India. This outsourcing has a great negative impact on the local industry as it deprives it of a reliable workforce (Kantor, 2012). Without stemming the flow of such work overseas, it would make it very difficult to reconstitute the local manufacturing. For those countries that receive these workers however, there is an enormous benefit to their manufacturing sector. The influx of capital from foreign companies investing in their country and the employment opportunities they provide for the workforce give a boost to the local economy. With continued investments coming in and plenty of jobs for their workforce, globalization has actually strengthened the local manufacturing of many foreign countries. Thom Hartman makes some interesting points in his Huffington Post article. Mr. Hartman describes how globalization is destroying the United States’ wealth through multinational corporations transferring all of their manufacturing overseas. He points out that in the late 1940’s and 1950’s manufacturing accounted for 28 percent of the United States total gross domestic product. Even during the Reagan administration is was at 20 percent. However, today it is about ten percent of our GDP (Hartmann, 2010). By shipping so much of our manufacturing overseas, the US is no longer self sufficient and able to create much wealth. By not generating wealth, but rather spending it on all of the foreign manufactured goods, there has been a slow degrading of the nation’s middle class. Of course, we as consumers love the idea of paying less for our goods, but it has to be realized that it comes at a cost. Many companies have cut jobs or reduced salaries, so those â€Å"cheap† goods are not such a bargain anymore. For this trend to stop and be reversed, nations such as the United States must rebuild their manufacturing base and become locally self-sufficient again (Hartmann, 2010). The idea would be for the country’s consumers to buy products manufactured by their own workers. While no answers or even ideas for reversing the problem globalization has caused were offered, it paints a clear picture that something needs to be done quickly. References Kantor Paul, (2002). Cities in the International Marketplace: The Political Economy of Urban Development in North America and Western Europe. Princeton University Press Hartmann, Thom, (2010). Globalization Is Killing The Globe: Return to Local Economies. Retrieved from http://www.huffingtonpost.com/thom-hartmann/globalization-is-killing_b_454091.html Held, D. & McGrew, A. (2012) Globalization Theory: Approaches and Controversies. (2012), Cambridge. Davis, C. L.(2012). Why Adjudicate? Enforcing Trade Rules in the WTO. Princeton: Princeton University Press. Retrieved January 30, 2015, from Project MUSE database. Obstfeld, Maurice (2000). The Global Capital Market: Benefactor or Menace? The Journal of Economic Perspectives , Vol. 12, No. 4., pp. 9-30.

Economics Natural Rate of Unemployment - 2526 Words

Natural rate of unemployment The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s, both recipients of the Nobel prize in economics. In both cases, the development of the concept is cited as a main motivation behind the prize.[1][2] It represents the hypothetical unemployment rate consistent with aggregate production being at the long-run level. This level is consistent with aggregate production in the absence of various temporary frictions such as incomplete price adjustment in labor and goods markets. The natural rate of unemployment therefore corresponds to the unemployment rate prevailing under a†¦show more content†¦Of course, the prices a company charges are closely connected to the wages it pays. Figure 1 shows a typical Phillips curve fitted to data for the United States from 1961 to 1969. The close fit between the estimated curve and the data encouraged many economists, following the lead of Paul Samuelson and Robert Solow, to treat the Phillips curve as a sort of menu of policy options. For example, with an unemployment rate of 6 percent, the government might stimulate the economy to lower unemployment to 5 percent. Figure 1 indicates that the cost, in terms of higher inflation, would be a little more than half a percentage point. But if the government initially faced lower rates of unemployment, the costs would be considerably higher: a reduction in unemployment from 5 to 4 percent would imply more than twice as big an increase in the rate of inflation—about one and a quarter percentage points. At the height of the Phillips curve’s popularity as a guide to policy, Edmund Phelps and Milton Friedman independently challenged its theoretical underpinnings. They argued that well-informed, rational employers and workers would pay attention only to real wages—the inflation-adjusted purchasing power of money wages. In their view, real wages would adjust to make the supply of labor equal to the demand for labor, and the unemployment rate would then stand at a level uniquely associated with that real wage—the â€Å"natural rate† of unemployment. Figure 1 The Phillips Curve, 1961–1969Show MoreRelated The Phillips Curve Essay1316 Words   |  6 PagesEconomists agree that unemployment and inflation are two of the major macroeconomic problems of the twentieth century. If a relationship between the two existed then this would be a major break through for the macro management of the economy. Phillips work was empirical - started with evidence and worked towards a theory. The causation for the Phillips theory was that the level of unemployment caused the rate of change in money wages to be what it was. What economic theory lies behind thisRead MoreEconomic Policies Of Every Country Essay964 Words   |  4 PagesEconomic policy of every country has different aims that usually include the following ones: sustainable growth and development (increase in output (GDP) growth), price stability (inflation targeting), high employment etc. The policymakers have different tools to manage these issues, primarily by influencing the aggregate demand and supply, such as interest rates, requirements to the bank reserves, tax rates etc. Therefore, this is crucial to understand how these macroeconomic indicators are interconnectedRead MoreThe Phillips Curve : The Epitome Of Antiquity Essay1384 Words   |  6 Pagesmacroeconomic relationship posting a negative relationship between unemployment and inflation. Specifically, the model posits that when unemployed workers are scarce, employers must compete with one another for the remaining, qualified workers by bidding wages upward, which translates i nto higher costs, which combined with stronger consumption by a more employed population, generates higher prices. To the contrary, when unemployment is high, perhaps a result of an adverse shock to the economy, demandRead MoreCompetitive Analysis as per the Gross Domestic Product1547 Words   |  6 Pages3. Define the natural rate of unemployment. Identify three factors that may cause the natural rate to change over time. Natural rate of unemployment represents the equilibrium rate of unemployment in a given economy, that is, where real wages have found their free market level and where the aggregate supply of labor is in balance with the aggregate demand for labor (Gwartney, 2009). The presence of the natural rate of unemployment implies that there is only voluntary unemployment since those willingRead More The Federal Reserve System Essay example1453 Words   |  6 Pagesinterest rates. The Fed employs Monetary Policy in an effort to manage both the money supply and interest rates while stimulating the economy to operate close to full employment. One school of thought called Monetarism believes that the Federal Reserve should simply pursue policies to eliminate inflation. Zero inflation may help the market to avoid imbalances, stabilize the business cycle, and promote steady growth in our economy. On the other hand, zero inflation may not reduce unemployment. It mayRead MoreA Brief Note On U.s. U nemployment Rate1469 Words   |  6 PagesKaimeng Xing Analysis on U.S. Unemployment Rate Econ 2002.03H Nov. 9th, 2014 Since the financial crisis in 2008, U.S. unemployment rate has been an issue of importance and public concern. Why? Because the unemployment reflects current economic situation and people’s well-being in general. In this analysis, I will briefly discuss the definition of unemployment and the impact of high and persistent unemployment. Then I will analyze the trend of U.S. unemployment rate of recent months. I will alsoRead MoreEco 561 Week 4 Quiz Free Essay1015 Words   |  5 Pagesthe point at which output reaches a high and the point at which it reaches a low is called Hint : After a period of economic expansion, the economy usually contracts. This contraction would be characterized by higher unemployment and a declining GDP. A. a peak B. a trough C. an expansion [D. a recession [ A downturn describes the phenomenon of economic activity starting to fall from a peak. If output contracts between the point at which output reaches a high and the pointRead MoreInflation And Unemployment Essay1260 Words   |  6 PagesHistorically, the relationship between inflation and unemployment has been studied, debated, and been used as economic indicators to explain the overall health of the economy. Both inflation and unemployment will fluctuate and change based on phases of the business cycle. From a simplistic view, high levels of inflation and unemployment indicate that the economy is not operating at is an optimal level of output. During periods where inflation and unemployment are high, individuals are saving more and businessesRead MoreMacroeconomic Policies And Regulate The Healthy Operation Of The National Economy1243 Words   |  5 PagesThere are four main economic theory tells us government to achieve macroeconomic objectives: price stability, full employment, s ustainable and balanced economic growth and balance of international payments. In addition, inflation, unemployment and economic growth are the big macroeconomic issues of our time. In this essay we focus on inflation and unemployment. Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measureRead MoreEconomic Analysis Of Unemployment And Its Impact On Gdp1420 Words   |  6 Pages Economic Analysis of Unemployment and its Impact on GDP in Developed Countries Paul Kuechenmeister Econ 4331W August 3rd, 2014 â€Æ' Introduction This study examines the impact of unemployment rates to a developed economies growth rate. This paper will be built off of the most distinguished idea addressing the relation of economic growth and unemployment, Okun’s Law . Okun’s Law that assesses the relation between unemployment and economic growth is one of linearity . Okun’s Law is the