Friday, December 27, 2019

`` Wild Nights `` By Emily Dickinson - 961 Words

The poem â€Å"Wild Nights† was written in 1891, and first published in 1891. It is a very short poem written by Emily Dickinson. Emily Dickinson was born in Amherst, Massachusetts, and throughout her life she lived in isolation. Dickinson spent quite a few years in the Academy studying English and other courses. Consequently, she left the Academy at age of 15 in order to get higher education. Emily Dickinson was known to be one of the greatest and most unique poets. Dickinson secretly created bundles of poetry and wrote a lot of letters. Most of Emily Dickinson’s secret poetry and letters were discovered by her sister Lavinia, Dickinson’s outstanding work was published after her death. The poem â€Å"Wild Nights† can be understood in several different ways, but the most noticeable interpretation is how the poem talks about passion, expression of love and sexual desire. It seems to describe a passionate encounter between two lovers. In her poem â€Å"Wi ld Nights† Emily Dickinson uses a lot of metaphors and anaphora to express her passion for her lover. Emily Dickinson began writing poetry in her teen years. In late 1855, Dickinson moved with her family back to Homestead, which was her birthplace. Her father, Edward Dickinson, was a lawyer who later on became a treasurer of Amherst College. Her mother, Emily Norcross Dickinson, was a very humble person. Dickinson had an older brother named Austin and a younger sister, Lavinia. Dickinson’s parentsShow MoreRelatedEmily Dickinson s Poem Wild Nights- Wild Nights 1295 Words   |  6 PagesLooking at the Gothic poet of the 18th century, Emily Dickinson, and her poem â€Å"Wild Nights- Wild Nights!† I can compare and contrast it to a goth song, â€Å"My Secret Garden† (1982), by Depeche Mode. The main highlight that unites both of these pieces, though the time difference is relatively long, is the fact that they both describe a secret atmosphere. They are also comparable because Dickinson is talking about the wild nights that she imagined and Mode is talking about the secret garden, which inRead MoreAnalysis Of Emily Dickinsons The Storm1253 Words   |  6 Pageswants to extend her vacation, which she does want to do. In Emily Dickinson’s â€Å"Wild Nights†, the poet displays the image of a stormy night full of passion. The speaker is saying that there will always be a way to love as long as there is a heart waiting. In the beginning of the poem, the speaker is away. Then in the second stanza, the speaker does not let the storm get in the way because the heart is enough to guide the way. Emily Dickinson writes â€Å"Done with the compass, /Done with the chart!† as aRead MoreAnalysis Of Emily Dickinson s Misty Wall 1183 Words   |  5 PagesAshley Vargas Misty Wall ENG 231 April 30, 2015 Emily Dickinson: Love Emily Dickinson lived a very solitary life. Though countless of her poems involved a topic of love. How did she cover the theme of love while living in her own world? Well, she goes about this in different types of poetry such as spiritual communication, using the combination of love and sex, and the separation of lovers (Emily Dickinson.). Dickinson lived in total physical isolation from the outside world but it was statedRead MoreEmily Dickinson : The Point When A Reader1749 Words   |  7 PagesHorieh Introduction to Literature Professor Knoernschild November 27, 2015 Emily Dickinson At the point when a reader hears the name Emily Dickinson, they consider a female who composed verse that has been surely understood for a considerable length of time and years. Much to their dismay that Emily Dickinson established American Literature, and began an entire unrest of verse. The procedure Dickinson used to keep in touch with her verse was at no other time seen and was the foundationRead MoreEssay on Emily Dickinson: Untitled, Unregulated, and Unchained942 Words   |  4 Pagescross-stitched and framed on your grandmother’s bathroom wall, and engraved into silver lockets. Regarded as one of the greatest American poets, you are no stranger to her work. You know her name. Say it. Emily Dickinson. And boy, was she a wierdo! †¦admittedly, most geniuses are. Emily Dickinson dedicated most of her privileged, reclusive life to her art. She employed a brilliance for lyricism, unconventional form, syntactical experimentation, and set the course for possibilities of poetic craftRead MoreSex Through The Centuries By Emily Dickinson1013 Words   |  5 Pagesthe more recent poem â€Å"Wild Nights-Wild Nights† by Emily Dickinson. This is partly because of the way that people spoke at that point in time, and partly to disguise the meaning with subtlety. The more recent poem shows less eloquence, but it does have a double meaning. They are both, however, deceptive on the surface with underlying sexual messages in their context. A comparison of â€Å"Come, My Celia, Let us prove† by Ben Jonson and â€Å"Wild Nights-Wild Nights† by Emily Dickinson shows that love and desireRead MoreThe Themes of Emily Dickinsons Poetry3970 Words   |  16 PagesThemes of Emily Dickinsons Poetry Emily Dickinson was a great American poet who has had a lasting effect on poetry, yet she was a very complicated poet in the 1860s to understand, because of her thought patterns. Dickinson wrote from life experiences and her deepest thoughts. She wrote for herself as a way of letting out her feelings. Dickinson Wrote 1,775 hundred poems but only published seven in her life time because she did not write poetry for publishing. In fact, Emily Dickinson left a letterRead MoreEmily Dickinson s Death And Made1091 Words   |  5 PagesEmily Dickinson was a writer that had a morbid, yet beautiful way of expressing her thoughts. It takes many times to read her work and finally grasp some of what she means. Her poems leave the reader questioning and wondering why exactly a certain stanza was written that way. Dickinson wrote about death and made it seem as though she knew what it was really like, those very last moments of life. Then on the other hand, she wrote about happy experiences in li fe, sexual ones, and some that make insaneRead MoreConcept Of Death in ‘Do Not Go Gentle Into That Good Night versus ‘Because I Could Not Stop For Death1167 Words   |  5 Pagesdying. In examining the poem Because I Could Not Stop For Death? by Emily Dickinson and Do Not Go Gentle Into That Good Night? by Dylan Thomas, it is evident that the poets use contrasting and comparative techniques in their unique presentations of the concept of death. In the poem Because I Could Not Stop For Death? Emily Dickinson presents the idea of acceptance of death, whereas in the poem Do Not Go Gentle Into That Good Night? Dylan Thomas presents the idea of refusal and opposition to deathRead MoreAmbiguity of the Concept of Death: a Comparison of ‘Do Not Go Gentle Into That Good Night?and ‘Because I Could Not Stop for Death1201 Words   |  5 Pagesdying. In examining the poem Because I Could Not Stop For Death? by Emily Dickinson and Do Not Go Gentle Into That Good Night? by Dylan Thomas, it is evident that the poets use contrasting and comparative techniques in their unique presentations of the concept of death. In the poem Because I Could Not Stop For Death? Emily Dickinson presents the idea of acceptance of death, whereas in the poem Do Not Go Gentle Into That Good Night? Dylan Thomas presents the idea of refusal and opposition to death

Thursday, December 19, 2019

Gender, Sexuality And Sexual Identity - 3292 Words

Ryan_Alicia_18789106_EDC111_Ass2 Are issues of diversity represented fairly, realistically and accurately or problematically in Australian schools in regards to issues of gender, sexuality and sexual identity. For students to thrive in their learning experience, schools need to provide a safe nurturing environment, free from harassment, aggression, violence and bullying. Homophobia and discrimination can have a significant negative impact on Lesbian, Gay, Bi-Sexual and Transgender (LGBT) students as well as children from same-sex families, especially in the schooling years (Sexual Diversity, 2016). While the Sex Discrimination Act (1984) and the NSW Anti-Discrimination Act (1977) dictate sexual diversity laws that schools are required†¦show more content†¦These inequities are presented in many ways. Gender stereotyping can advocate prejudice and discrimination and can place constraints on people s lives. Stereotyping can pressure individuals to make choices that conform to society s definition of normal (Jennett, 2013). From birth, children are exposed to gender stereotypes, such as pink is for girls and blue is for boys (Peters, 2014). As children grow, society as well at consumerism, dictate which toys, games, books and clothes are appropriate gender representations. By the time children start to make their choices, most will realise what is expected of them, and act accordingly. Other children will defy these constraints, and in turn may feel as though, not conforming to these expectations, is wrong (Jennett, 2013). According to O Brien (2013), children as young as three years old can anticipate their parent s ideas on gender appropriate toys, and have the ability to choose accordingly. McNaughton (2000) argues that children obtain an identity on a social basis, through a course of observation and engagement. Children injudiciously absorb what is presented to them. In the case of equality in schooling, children uncritically learn understandings of gender, race and class that teachers, peers and parents offer them. Siraj-Blatchford Clarke (2004) argue that children can only learn to be accepting, and challenge prejudicial generalisations, acquire inclusiveness and

Wednesday, December 11, 2019

The Concept of Stable Equilibrium Samples †MyAssignmenthelp.com

Question: Discuss about the Concept of Stable Equilibrium. Answer: The concept of stable equilibrium A stable economic equilibrium exists if an economy is able to gravitate back to equilibrium after a shock. The concept of a stable equilibrium economy can be explained through the analogy of a marble resting at the bottom of a bowl as in the diagram labeled (a) in figure one below. In any case the marble is nudged a bit up any side of the bowl, the marble will always return to the normal position where it was resting at the bottom of the bowl (Tieben, 2012). A stable equilibrium can also be explained though the concept of market equilibrium. The diagram below illustrates the concept of stable equilibrium. The diagram indicated as figure two above illustrates the concept of stable equilibrium economy in relation to a stable market equilibrium (University of Adelaide Flinders University, 2012). The figure indicates marks as DD which represents a negatively sloped demand curve as well as the line marked SS representing a positively sloped supply curve. The intersection point marked E indicates the point of equilibrium. The price OP and the price OQ determines the equilibrium (Schwo?diauer, 2011). The stable economic equilibrium can also be seen the manner of the market equilibrium, where in any case the economy is affected by any external force, the economy is ab le to settle back to its normal stability. If any prices are set to the economic system above the equilibrium price which in the diagram is marked as OP1also known as the marked price, a downward pressure is created to the equilibrium back to its initial point. At the marked price in the diagram, P1B is the quantity supplied to the market while the quantity demanded is only at P1A. In such cases the equilibrium has been shocked where the quantity demanded is higher than the quantity demanded. The surplus therefore exists in the market to the extent of point AB (Schwo?diauer, 2011). In this case a downward pressure is created in the price. The downward pressure created acts applies on the prices up to the equilibrium point where the quantity demanded equals the quantity supplied. This applies to various markets within an economy such as labor market where minimum wage bill is used to maintain the market at equilibrium. The same applies to the prices below the equilibrium prices. In respect to the diagram, by taking the price OP2, at this price the quantity of products available in the market is below the quantity in demand (Ralf, 2010). As a result of the excess demand in the equilibrium market, an opposite pressure is created to push the price upwards to the point of equilibrium where the quantity demanded equals the quantity supplied. The same situation applies to a stable economic equilibrium where the government sets out various policy to maintain the economy to an equilibrium point. In consideration of the market equilibrium above, a stable economy is one of the economy which can be restored to the initial point after several policy applications. But in most cases policies leads to a shift in an economy making most of the economic equilibrium to be posit ively unstable (Ralf, 2010). Is Australia a stable equilibrium economy? Australia is not a stable equilibrium economy currently based on the economic growth the country is currently going through and the policies the government is applying to maintain the economic growth. A stable economic equilibrium is one of the economy which is able to restore itself back to the equilibrium point after being shocked by various forces. The stability of any economic equilibrium is determined by its ability to restore itself back to the point automatically via the economic fundamentals (Anderson, 2009). Based on the current economic growth witnessed over the past years, the Australian economy cannot be said to at stable equilibrium. Currently the Gross Domestic Product of the country and is moving faster that the government has to use policies to maintain a balance. The positive change in the GDP creates a shift within the economic equilibrium making the equilibrium point to shift to the right. The economic equilibrium of the nation can therefore be identified as a positively unstable equilibrium. Australian economy is currently growing very fast this has affected various markets within the economy thus unstable equilibrium economy (Anderson, 2009). The growth in the economy has fueled an increase in the GDP as stated leading a shift in the economic equilibrium state as in the diagram below. When Gross domestic product changes positively as witnessed in the case of the Australia, a shift is created within the economic equilibrium. Dynamic Aggregate Demand and Aggregate Supply Model, Adapted from Essentials of Economics: 3rd ed. (p.453), by Hubbard, G., Garnett, A., Lewis, P., O'Brien, A. (2016) Melbourne: Pearson Australia. The adopted diagram can be used to illustrate the effect of an increase in GDP, when the nations economy is growing very fast as the Australian economy, the equilibrium balance is affected by various factors such increased income and the government spending. These factors results into a shift within the AD model indicating the instability in the economic equilibrium (Bjrndal Munro, 2012). considering only two points (AB) in the dynamic diagram above, the economic growth results into a shift of the economic equilibrium from point A to point B. the economic equilibrium economic equilibrium as a result of the positive change in the Australian GDP keeps on moving to a new equilibrium point (Altman Nieuwenhuysen, 2009). And when the shift occurs to the positive side an inflation is likely to occur as the price shifts from the point P1 to the next level P2. The changes in price occurs as a result of an increase in income due to the employment opportunities created by the continuously gro wing economy. The government in such cases has to maintain the rate of inflation at a given healthy point, the government applies monetary policies which results into a shift in the equilibrium point. Based on the current rate of economic growth and the positive change in the Australian Gross Domestic Product, the RBA is obligated to maintain the economic equilibrium at a balance. The nation as result of the economic growth is managing the rate of inflation through the use of monetary policies (Altman Nieuwenhuysen, 2009). The economic growth results into the shift of the equilibrium from point A to point C as in the diagram above. But through the application of monetary policies, the equilibrium points remains at the point B without reaching the point C. The Australian economic equilibrium is therefore at unstable equilibrium since at no point can the RBA policies moves the economic equilibrium at the initial point where GDP is at 930 billion dollars and the price stands at 100. Conclusion In relation to the above discussions and illustrations it is therefore evident that the economic equilibrium of Australia is positively unstable at the current time rather than stable economic equilibrium. Australian economy is growing very fast and has set an example for other national in the globe. With the growth of the economy, the Australian GDP is moving higher as a result of factors such as population, increased income, infrastructural improvement and government expenditure. The government through the obligated arms applies various policies and mechanisms to make the equilibrium balanced but unlike the marble resting at the bottom of a bowl or the market equilibrium, the Australian economic equilibrium never settles back to the initial point but balances at a new point through a shift making the economic equilibrium of Australia to be positively unstable. References Altman, J. C., Nieuwenhuysen, J. P. (2009). The economic status of Australian aborigines. Cambridge: Cambridge University Press. Anderson, K. (2009). Australia's economy in its international context: The Joseph Fisher lectures. Adelaide: University of Adelaide Press. Bjrndal, T., Munro, G. R. (2012). Theeconomics and management of world fisheries. Oxford: Oxford University Press. Ralf, K. (2010). Business Cycles: Market Structure and Market Interaction. Heidelberg: Physica-Verlag HD. Schwo?diauer, G. (2011). Equilibrium and Disequilibrium in Economic Theory: Proceedings of a Conference Organized by the Institute for Advanced Studies, Vienna, Austria July 3-5, 1974. Dordrecht: Springer Netherlands. Tieben, B. (2012). The concept of equilibrium in different economic traditions: An historical investigation. Cheltenham: Edward Elgar Pub. University of Adelaide., Flinders University. (2012). Australian economic papers. Adelaide: University of Adelaide.

Tuesday, December 3, 2019

Tiffany Co. Case Analysis free essay sample

Tiffany Company Tiffany has decided to sell direct in Japan as opposed to selling wholesale to Mitsukoshi and Mitsukoshi selling to the public. In this agreement Tiffany will give Mitsukoshi 27% of net retail sales in exchange for providing the boutique facilities, sales staff, collection of receivables, and security for store inventory. This new agreement exposes Tiffany to the fluctuation in the yen-dollar exchange rate. Therefore, they are considering two basic hedging alternatives to reduce exchange-rate risk on their yen cash flows. The first alternative was to sell yen for dollars at a predetermined price in the future using a forward contract. The second alternative was to purchase a yen put option allowing them to exercise their option only if it was more profitable in the future at the future spot rate. Two more alternatives that we think are appropriate are a synthetic forward using options and a synthetic forward using interest rate parity. We will write a custom essay sample on Tiffany Co. Case Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Furthermore, Tiffany needs to understand the hedging alternatives and determine what, if any, strategy is right for them. 1. In what ways is Tiffany exposed to exchange-rate risk subsequent to its new distribution agreement with Mitsikoshi? How serious are these risks? Tiffany is exposed to foreign exchange risk by selling directly to the Japanese market. When they sold wholesale to Mitsukoshi, Mitsukoshi bore all the foreign exchange risk. Under this new agreement Tiffany is now exposed to the volatile fluctuations in the yen-dollar exchange rate. Since Tiffany is making profits in yen they have to convert the yen to dollars to take back to their home country. Since the yen is thought to be overvalued in comparison to the dollar, the future exchange rate can decrease Tiffanys profits. Also, the extreme volatility in the exchange rate creates significant uncertainty in what the future exchange rate and profits will be if left unhedged. The most important foreign exchange risk facing Tiffany is the operating exposure risk. The other types of foreign exchange risk to be taken into consideration in order of importance are transaction and translation risk. Operating exposure is created by changes in the amount of future operating cash flows caused by an exchange rate change. This is the most important source of future exchange risks and is difficult to hedge. Exchange gains or losses are determined by changes in the firms future competitive position and are real. This risk impacts revenues and the costs associated with future sales and should be looked at long term. Therefore, Tiffany is exposed to this risk; if the yen depreciates against the dollar, Tiffanys will receive fewer dollars. Transaction exposure results from existing contracts that are binding future foreign currency-denominated cash flows and creates a risk to the net present value of the contracts. Tiffany is exposed to this risk because they have agreed to reverse $115 million in sales. Only $52. 5 million in inventory was repurchased from Mitsukoshi in July 1993. Mitsukoshi agreed to accept a deferred payment of $25 million to be paid in yen quarterly over the next 4. 5 years. The remaining inventory will be repurchased throughout February 1998. Translation risk is created by changes in income statement items and book value of assets and liabilities caused by changes in the exchange rate. This risk relates to past activities which already appear on the balance sheet and income statement, therefore this type of risk is not serious because it does not affect Tiffanys distribution agreement with Mitsukoshi. 2. Should Tiffany actively manage its yen-dollar exchange rate risk? Why or why not? Tiffany should actively manage its yen-dollar exchange risk. Tiffany knows they will have a substantial amount of yen cash inflows from their new arrangement of selling direct in Japan. If Tiffany does not hedge this currency exchange risk then their earnings will fluctuate. With the yen-dollar exchange rate being so volatile at this time (even having large changes from month to month), it is the best time to hedge in order to help smooth their earnings and reduce risk. The downside is that options prices are more expensive when there is more volatility. Since the yen is thought to be overvalued there is speculation that it will depreciate in the future compared to the dollar. If the yen depreciates and Tiffany converts their yen at the prevailing spot rate then their dollars received will be decreased. 3. If Tiffany were to manage exchange rate risk activity, what should be the objectives of such a program? Specifically, what exposure should be actively managed? How much of these exposures should be covered, and for how long? The objectives of managing exchange rate risk should not be to bet on currency fluctuations or to try to make a profit on exchange rates. Instead the objective should be to reduce risk associated with operating exposure. By hedging, Tiffany can reduce drastic fluctuates in net income due to currency exchange rate changes. Smoothing net income can help with taxes by keeping cash flows smooth instead of having huge profits followed by a loss. The main objective of managing exchange rate risk should be to decrease volatility and reduce risk. Tiffany should actively manage operational exposure and transaction exposure. The longer exposures are covered the more expensive the option is; therefore Tiffany should hedge short term and then roll their position forward. Since Tiffany has to repay for inventory returned by Mitsukoshi on a quarterly basis they can use their cash flows in yen to repay Mitsukoshi and hedge only the remaining amount. Since the repayment is done on a quarterly basis Tiffany should buy a synthetic forward for three months to match their yen liability. This way, as the economy and outlook for sales changes, Tiffany can adjust their hedging strategy on a quarterly basis and hedge that amount minus their inventory repayment to Mitsukoshi. 4. As instruments for risk management, what are the chief differences of foreign exchange options and forward or future contracts? What are the advantages and disadvantages of each? What, if either, of these instruments would be most appropriate for Tiffany to use if it chose to manage exchange rate risk? With foreign exchange options you pay the price up front and at expiration you have the option to exercise. If you buy a call option and at expiration it is in the money you will exercise your option and buy at the strike price. On the other hand, if the call is out of the money you will buy in the market place. This means you are not locked in to buying at a set price, but if favorable you have the option to do so. This is beneficial if you are uncertain you will need to hedge (uncertain cash flow or bid on a contract that you might not get) or if you want to keep the upside potential and do not want to lock into a specific rate. A forward contract is usually cheaper and it locks in the exchange rate to be made at a future date. The downside to a forward contract is that once you enter into it you have to deliver at expiration. This removes downside risk because you are guaranteed that exchange rate, but it also takes away upside potential because you have to deliver at the specified rate. Another alternative would be to create a synthetic forward using options by buying a put and selling a call with the same strike price. This would essentially lock in the future rate at the strike price, the cost of this would be the cost of buying the put minus the money you receive for selling the call (by selling the call you are lowering the cost compared to only buying a put). The last alternative would be to use a synthetic forward using interest rate parity and the given interest rates for the two countries.