An Analysis of Kate Chopins The Story of an Hour - 850 Words

The short story â€Å"The Story of an Hour† by Kate Chopin is a famous piece of literature widely recognized throughout the entire literary world. It is about how a wife, Louise Mallard, hears the news of her husbands horrible train accident which ultimately led to his untimely death. The plot twist of this short story is that, in fact, her husband, Brently Mallard, is very much alive and comes home as if nothing happened. Mr. Mallard was not around the area of the accident or even knows of its occurrence. Which explains why he appeared home unscathed. The appearance of Mr. Mallard causes Mrs. Mallards supposed death. Kate Chopin fully illustrated that marriage isn’t always as blissful as people assume and believe it is to be. Also that†¦show more content†¦They stayed keen and bright. Her pulses beat fast, and the coursing blood warmed and relaxed every inch of her body.†(Chopin 236). Free from his powerful will bending and oppression. Or as Ka te Chopin wrote, â€Å"There would be no one to live for during those coming years; she would live for herself. There would be no powerful will bending hers in that blind persistence with which men and women believe they have a right to impose a private will upon a fellow-creature. A kind intention or a cruel intention made the act seem no less a crime as she looked upon it in that brief moment of illumination.†(Chopin 237). Someone who is completely emotionally unstable, stricken with grief and physical exhaustion wouldn’t wish to be alone. That alone began to show Mrs. Mallards want to be free and self dependent. Another scene that shows irony was when after her realization of her new found freedom her sister, Josephine begged her to open the door because she feared that Mrs. Mallard, her sister, would be so tormented and distraught by the loss of her husband that she would cause herself to become ill. After telling her sister that she was indeed fine, she event ually exited the room. The emotions she carried with her as she made her exit was not feelings of grief nor of sadness for her loss, but emotions of triumph and victory. TheShow MoreRelatedAn Analysis of Kate Chopins The Story of an Hour1150 Words   |  5 Pagesï » ¿ Kate Chopins The Story of an Hour is a perfect example of literature that glorifies the commonplace event: the story depicts a gigantic event in the life of its protagonist by using a minimalist economy of means. The opening sentence of The Story of an Hour carefully sets up the conclusion of the story. Chopin is working with such limited space here that it resembles more the crafting of a poem than a fictional narrative. We are told that Mrs Mallard was afflicted with heart trouble so greatRead More Analysis of Kate Chopins The Story of an Hour Essay1336 Words   |  6 Pages Back in 1894, the American writer Kate Chopin wrote the short-story The Story of an Hour. Chopin, born OFlaherty, wasnt renowned as a write r during her time, but she has achieved recognition in the 20th century especially with her 1899 novel The Awakening. Her stories about strong women have really been paid attention to in relation to this centurys sexual liberation debate. This short-story revolves around what goes through a persons head when informed that a close family member has perishedRead MoreKate Chopins Short Story The Story of an Hour: An Analysis974 Words   |  4 Pagesï » ¿Free At Last? Kate Chopins short story, The Story of an Hour is largely about the forms of repression that women were forced to endure during the epoch in which the story was written (1894) and during much of the time that preceded it. During this time period, women quite frequently had to subjugate themselves to the will of their husbands, or to some other man who had a significant amount of control over their lives. Chopin chooses to address this phenomenon in an indirect manner with thisRead MoreEssay on Literary Analysis on Kate Chopin’s The Story of an Hour 657 Words   |  3 PagesKate Chopin’s â€Å"The Story of An Hour† focuses on a woman named Louise Mallard and her reaction to finding out about her husband’s death. The descriptions that the author uses in the story have significance in the plot because they foreshadow the ending. This story mainly follows a woman with heart trouble. Her husband’s name appears at the top of a list of people killed in a railroad accident. The story than explains her reaction upon finding out about his death. At the end of the story, her husbandRead MoreWhether It Was a Joy That Killed Louise: Analysis of Kate Chopin’s the Story of an Hour937 Words   |  4 Pageslose his or her loved one. And if someone told me a story about a woman who bewailed her deceased husband and then died of overwhelming happiness after she saw him safe and sound, I would definitely believe in reliability of this story. Especially, if I was told that the women had heart problems. It is known that not only a sorrow but and an excessive joy can cause a fatal heart attack. However, after reading Kate Chopin’s The Story of an Hour, I felt puzzled about doctors’ conclusion that Mrs. MallardRead MoreThe Life and Works of Kate Chopin1569 Words   |  6 PagesKate wrote two novels and hundreds of short stories. Few of her stories were â€Å"Story of an Hour† and â€Å"The Awakening†. One of Kate Chopins most famous stories is the Story of an Hour. In the story Chopin was brave enough to challenge the society in which she lived because in the first half of the 19th century, women were not allowed the freedoms men enjoyed in the judgments of the law, the church or the government. This famous short story showed the conflict between the social traditional requirementsRead MoreAnnotated Bibliography Of The Yellow Wallpaper1086 Words   |  5 PagesPerkins Gilman’s â€Å"The Yellow Wall-Paper† and Kate Chopin’s â€Å"The Story of an Hour†. Journal of History Culture and Art Research, vol. 2, no. 2, 1 Jan. 2013, pp. 221-234, Database: MLA International Bibliography -- Publications. kutaksam.karabuk.edu.tr/index.php. Accessed 18 Nov. 2017. The short story written by Fahimeh Q. Basenji, he shares in his writings about â€Å"The Yellow Wall-Paper and Story of an Hour†. In the journal, he discusses how the two stories are similar but have different narrator experiencesRead MoreAn Examination Of How Kate Chopin s Work1298 Words   |  6 PagesENGL 1102 – Comp/Lit Essay 2 (Mulry) Sellers, James R – 920022413 Due Date: April 20, 2015 An Examination of How Kate Chopin’s Works Taken Together Contribute to our Understanding of Her Time and the Place of Women in Society Looking at themes present in his short stories and novels, Kate Chopin presents examples of female strength and an assertive rebellion to the social norms during the late 1800s. By seeking to transparently and boldly portray the risquà © behavior of her lead characters, whichRead MoreDesirees Baby Literary Analysis1989 Words   |  8 PagesKate Chopin’s stories Desirees Baby, The Story of an Hour, At the Cadian Ball, and A Pair of Silk Stockings, were written in the 19th century in times when women had no rights, and had to portray an image of a loving wife. They were considered selfish if they thought otherwise, and their job was to make their husbands happy at all times. This was the century of a turning point for women, in which they had desires test their limits imposed on their sex. Critics of her stories list the analysisRead MoreEssay on Structural Technique in The Story of an Hour by Kate Chopin861 Words   |  4 Pagesshort story. Kate Chopin uses structural techni ques to enhance â€Å"The Story of an Hour† from beginning to end. She follows formal structure to a certain degree, but occasionally strays to actual structure. Upon analysis of the organization of Chopin’s story, the reader understands the powerful meaning that is expressed in such a short piece. Initially, a short story begins with an exposition. This is the laying out of important background information, characters, and setting. Chopin’s story is only

Analysis Of The Poem The Cask Of Amontillado - 982 Words

The Cask of Amontillado (p. 1846) Kaylie Turner The short story, â€Å"The Cask of Amontillado† is very much influenced by the author’s life. Edgar Allen Poe never knew his parents; his mother died when he was three and his father left him. In consequence, he went to live with John and Frances Allen, in Richmond, Virginia. When, the Allens wouldn’t give him enough money to go to the University of Virginia, he gambled to pay his tuition and ended up in debt. This was atrocious for him, but more adversity was to come. When he got back from college, he found out his fiancà ©e had gotten engaged to someone else. So yeah, his life was crummy, and that is what turned him down the path toward writing about people murderously plotting revenge; he wanted not just to punish, but to punish with impunity. Then, he did something really crazy and married his thirteen year old cousin, Virginia. Poe took various jobs at magazines, but still could not make enough money to support his family. In 1846, his wife was diagnosed wi th tuberculosis and died in 1847. After that, he started to suffer from bouts of insanity. Three years after â€Å"The Cask of Amontillado† was published, he mysteriously died. â€Å"The Cask of Amontillado† is the story of a man wanting to get revenge on someone for something the reader does not quite know; Poe only starts his story with â€Å"The thousand injuries of Fortunato I had borne as best I could†¦Ã¢â‚¬  He narrates his whole story in first person point of view. The actual plot pointsShow MoreRelatedFor the Love of God, Poe! Essay1359 Words   |  6 Pagesmysteriously supernatural poem â€Å"The Raven†, Poe’s tales are a direct byproduct of the mayhem experienced in his life, as well as his (arguably) psychologically-tormented mind. Though all of this author’s pieces are very rich in elaborate themes, motifs, and especially fantastically blatant irony, one particularly stands out to me -- â€Å"The Cask of Amontillado†. This story recounts how a man called Montresor seeks revenge upon a â€Å"friend† who allegedly insulted him. In â€Å"The Cask of Amontillado†, the brilliantRead MoreReflect ion of â€Å"The Cask of Amontillado†1682 Words   |  7 Pagesof â€Å"The Cask of Amontillado† Edgar Allan Poe was a very dark, dramatic writer. All of his stories require the audience to reread his works of art. There are so many elements incorporated into his stories that it would be impossible to understand them all after one reading. His stories drip with irony and reveal mysteries in an interesting way. He writes his stories in a way that engages the mind and questions character. One of his most famous short stories is â€Å"The Cask of Amontillado†. ThisRead MoreThe Oval Portrait By Edgar Allan Poe1490 Words   |  6 Pages He is known for writing dark and mysterious stories and poems. â€Å"His imaginative storytelling led to literary innovations, earning him the nickname Father of the Detective Story (Edgar Allan Poe Biography.com). When writing stories he wanted the readers to have that one emotion or feeling when reading his writing. Poe has very many stories he is known for two of those short stories being; â€Å"The Oval Portrait† and â€Å"The Cask of Amontillado†. The short story â€Å"The Oval Portrait†, written by Edgar AllanRead MorePoes Narrators in Cask of Amontillado and Fall of the House of Usher1971 Words   |  8 PagesOne of the most famous authors in American history is Edgar Allen Poe, thanks to his intricate and unsettling short stories and poems. One of the strongest aspects of Poe’s writing style is the allure and complexity of the narrator of the story. These narrators, ranging from innocent bystanders to psychotic murderers, add depth to such a short story and really allow Poe to explore the themes of death and murder which he seems to have an unhealthy obsession towards. Furthermore, he uses these narratorsRead MoreThe Cask of Amontillado by Edgar Allan Poe Critical Essay1935 Words   |  8 Pagesat a young age and his foster parents disowning him to marrying his cousin and never settling down in one place. Poe had a unique and tumultuous life full of ups and downs which relate to his characters and the theme s of his stories. In The Cask of Amontillado poe uses irony, symbolism and the theme of revenge to draw in the reader and to leave and deep emotional reaction to the story that won’t soon be forgotten. Edgar Allan Poe was born January 19, 1809 in Boston, Massachusetts. His ParentsRead MoreThe Cask Of Amontillado By Edgar Allen Poe2223 Words   |  9 Pages Edgar Allen Poe’s The Cask of Amontillado tells the story of a man who illustrates vengeance in its purest form. The short story is set in an unnamed Italian city during a time of celebration and carnival. It is told in a flashback by the narrator, Montresor, who recounts the day he took revenge on Fortunato, a man who continuously insulted him until he had enough and responded. This story is one of the most influential works in the horror genre as it possesses valuable insight into the psychologicalRead MoreAnalysis of Poes Successes and Failures in Poetry and Fiction1745 Words   |  7 PagesAn Analysis of Poes Successes and Failures in Poetry and Fiction Edgar Allan Poes career may have been a failure considering what he set out to do, but he did achieve some success and notoriety in his own lifetime. His most successful poem was, of course, The Raven, a piece he composed to satisfy popular taste. But some of his short fiction was popular as well. As an editor and publisher, however, Poe did not quite achieve the greatness he sought. His legacy grew only after his death, thanksRead MoreThe Cask Of Amontillado By Edgar Poe2141 Words   |  9 Pageswhat he is trying to get across by just ready his stories or poems just one time. His style of writing is very unique, usually gothic. It has something to do with his background, he was a struggling child growing up, losing both of his parents at a young age. Then later having issues in school, he was kicked out of West Point. For him writing was a way to express himself and exhale. One of his most famous work is â€Å"The Cask of Amontillado† published in 1846. The story revolves around, Montresor, whoRead MoreInfluence Of A Life By Richard Connell And Edgar Allan Poe1600 Words   |  7 Pagesviolence as a theme. He relates the violence from the war to redirect into his stories. Although, these different themes he writes will allow him to create an urge of passion, and confidence with the characters, and the piece. â€Å"The Most Dangerous Game† Analysis Richard Connell has written many stories with many of his techniques, but of the most memorable story is â€Å"The Most Dangerous Game†. This story shows the main character Sanger Rainsford, in certain positions on the island and in the game that addRead MoreAnalysis Of The Movie Miranda August 1792 Words   |  8 PagesThroughout this year, I’ve ready numerous bodies of text varying from poems, plays, novels, and essays, which were all meaningful literary pieces with profound influence on pertinent topics as well as controversial ones. These literary pieces, alongside the work of Miranda July, an author who best represents my current generation (millennials), aided in unveiling the universal theme: reality is dictated by your perception. This paper will discuss the texts read and analyzed throughout my English

Potential renewable energy sources for kuwait Free Essays

string(163) " to accomplish this signifier of energy, a complex system made up of several air current turbines will hold to be put in topographic point at strategic countries\." RENEWABLE ENERGY Potential Renewable Energy Sources for Kuwait Kuwait ‘s solution to supplying enforcement to the current grid capacity and dependability is by researching the assorted available options of renewable energy. Some of the major renewable signifiers of energy being utilised all over the universe include solar, geothermic, air current and hydro energy. Based on the state ‘s climatic conditions, the possible beginnings of energy available for Kuwait are as follows. We will write a custom essay sample on Potential renewable energy sources for kuwait or any similar topic only for you Order Now Solar Energy A cardinal beginning of energy that Kuwait could use is solar energy. Solar energy involves change overing the freely available and abundant sunshine to electrical power. The state experiences high temperatures and really cheery yearss between June and September ( Salam A ; Mazrooei, 2007 ) . Kuwait can therefore comfortably prolong solar power production throughout the summer. Solar as a signifier of energy can be looked at from two angles: thermal-where solar energy is used for warming and photovoltaic ( PV ) which involves solar energy being used for power production. The first signifier of energy involves change overing the heat from the Sun into electricity, which is used in places for H2O warming and desalinization. Use in this manner would ensue in much economy in footings of outgo on energy. This signifier of energy can be used to provide for all family energy demands. It can besides be used in street lighting every bit good as in industries for nutrient production. It requires small cost to put up and keep a solar energy system in your house. Apart from this being a cheaper option, it is environmental friendly in that it does non breathe any harmful gases. The 2nd option of using sunshine, photovoltaic, would necessitate more complex system put in topographic point. This option is in fact under consideration by the Gulf Cooperation Council ( GCC ) to be implemented in Kuwait. Plans are underway to put $ 3.6 billion in Kuwait entirely to accomplish photovoltaic energy in the state ( Alnaser 2008 ) . Using solar energy is expected to cut down the part of Kuwait to the universe ‘s emanation of Carbon Monoxide which presently stands at about 0.2 % ( Alnaser, 2008 ) . Alnaser ( 2008 ) has farther argued that globally, there has been an mean addition of 40 % in footings of the volumes of energy produced from solar. There is still more room for betterment because the sum of energy produced in a individual twenty-four hours is adequate to prolong life for old ages. Solar as a beginning of energy has a major defect in that it is susceptible to break and therefore non stable ( ABB, 2011 ) . The supply may be low during the cloudy and showery yearss. The power produced may therefore non be efficient and dependable for critical utilizations such as in production industries. Progresss in engineering should nevertheless be able to work out this job in future. A more complex system that is able to hive away the solar energy and giving the user the control of the units being consumed is being explored. ABB ( 2011 ) has explained how lithium-ion batteries can be integrated with solar energy to supply back up during low production periods. Previous efforts by the Kuwait authorities to ship on solar energy undertaking were thwarted by sand storm and the predominating big sum of dust on possible tapping countries. The authorities has at times appeared non to be excessively enthusiastic to the thought as it â€Å"fails to give fiscal inducements to those willing to prosecute such projects.† ( Hashem, 2011 ) . There is a renewed attempt by the state ‘s authorities to put in researching the solar energy options. Recently, the state ‘s Chamber of Commerce and Industry, ( KCCI ) , revealed a government-lead undertaking that would be $ 120bn. The undertaking is to be implemented within the following five old ages. It involves the authorities encompassing solar energy as portion of its development programs. ( Hashem, 2011 ) . The authorities has besides shown involvements by partnering with other states ‘ authoritiess to implement solar undertakings all over the state. Fortune CT from UK and Toyota T Suchu Corporation from Japan are some of the international companies actively take parting in nidation of solar energy in different parts in Kuwait. Solar energy has small consequence on the environments as non gases are emitted. The costs of geting a solar system are besides cheaper compared to geothermal and hydro. Keeping the system costs about nil as no fuel is used. Wind Energy Wind energy involves using the strength of air current to travel big treadmills which in bend rotate to bring forth power. Just like solar energy, this signifier of energy is renewable and has small injury to the environment. Already, states like Brazil are using this signifier of energy ABB ( 2011 ) . Brazil utilizes the offshore air current to bring forth energy which is so transmitted in the normal power lines for 100s of kilometres. States with similar conditions forms including North African and other Middle East states are in the procedure of implementing air current power usage. It is projected that in old ages to come, weave energy will be used to bring forth about 12 % the planetary energy and in the procedure a important alternate energy beginning in the coming old ages ( Alnaser, 2008 ) . Kuwait ‘s air current velocity is above the 1400 per hr threshold which is considered as the lower limit air current velocity that can prolong economically feasible air current production. Salam A ; Mazrooei ( 2007 ) have noted that in recent old ages, Kuwait has been sing increasing air current velocities. There has been an addition of wind velocities of up to 0.21 ms-1 between 1999 and 2004. The state could look at the positive side of this consequence. Windmills could be set up at strategic topographic points to assist pin down the air current energy and change over it to electrical energy. Alnaser ( 2008 ) has projected that Kuwait would be bring forthing a important sum of air current and solar energy by the twelvemonth 2015. For Kuwait to accomplish this signifier of energy, a complex system made up of several air current turbines will hold to be put in topographic point at strategic countries. You read "Potential renewable energy sources for kuwait" in category "Essay examples" An ideal country would be on the sea shore to capitalise on the sea zephyr common in such topographic points. The acquisition of these turbines every bit good as puting up the workss will be rather a batch. The authorities has to therefore supply some support or offer incentive to private investor who may be willing to set about the venture. Wind programs have besides been known to hold a negative consequence on the wildlife in the environing country particularly the birds. The building sites of air current power workss require an country that is free from wind obstructor. With edifices built across the state, happening such a topographic point may be a bit difficult. Economically sustainable production of air current power requires that there be blowy conditions throughout which might non ever be the instance. Geothermal energy Geothermal energy involves using the heat on the land to give energy. Kuwait has the potency of making geothermic energy that is yet to be to the full exploited. Plans are underway to increase this option of energy coevals. The Kuwait authorities has given a spell in front to contractor to build a H2O works, Al-Zour North power works that is expected to bring forth about 4,800 megawatts of power ( Izzak, 2010 ) . The authorities is besides be aftering to increase production in bing workss by replacing old systems with more efficient 1s. Izzak, ( 2010 ) has explained that the authorities of Kuwait intends to replace about 18 per centum of the transformers presently being used with more efficient 1s. Other Countries in the Middle East have besides been dallying with the thought of geothermic energy. In UAE for illustration, Masdar, a pro environment preservation company has been transporting trials on how to implement a geothermic undertaking in Abu Dhabi since 2009. The execution was expected to get down instantly after the testing. A major set vaulting horse to geothermal energy is that the procedure is a bit expensive to implement every bit compared to implementing solar energy. This is because geothermic electricity coevals depends on H2O ; yet this H2O has to be gotten through desalinization of saltwater, which is a dearly-won procedure. Initial set up of the works is besides dearly-won. Another job is that Kuwait is rather hot. Achieving the geothermic energy requires some signifier of chilling. This chilling is rather impossible to accomplish without breathing harmful gases to the environment. The deepnesss at which the hot stones are located vary from topographic point to topographic point. Geologists have to make thorough analyze to set up such facts and besides to measure whether such a undertaking is economically executable in Kuwait. Once a geothermal works is up and running, care and running costs are comparatively low. Hydroelectricity Hydroelectric power productions involve big volumes of high force per unit area H2O being used to turn big turbines to bring forth energy. Kuwait experiences a low sum of rainfall with the mean being about 115 millimeters ( Salam A ; Mazrooei, 2007 ) . The state is by and large dry with few rivers. For the state to prolong an economical degree of hydroelectric energy production, it must use other beginnings: chiefly saltwater. For this to go on, a fuel devouring procedure of salination has to be carried out which might be expensive to set about. Merely like the other aforementioned options, Hydro works set up requires a batch of resources to put up. Such a undertaking would therefore require substantial support from either the authorities or private sector. This signifier of energy would necessitate edifice of dike. This would ensue in interfering with the wildlife bing in the rivers every bit good as the environing country. Bio Fuel Another possible beginning of renewable energy is bio fuel. This is a sort of fuel that is obtained from biomass. The energy produced can be used for warming and lighting in the rural countries. It can be besides used for cooking at both rural and urban scene. Bio Fuel energy offers the merely alternate to fossil fuel as a renewable C based beginning of fuel that exist is important measure ( Klass, 2004 ) . Klass, ( 2004 ) has argued that the degrees of natural gas would non be sufficient to prolong the demand during the beginning of the twenty-first century. Such a state of affairs would coerce the universe to look elsewhere for their energy supply. This could necessitate the stakeholders in the sector to switch to undeveloped biomass as the alternate beginning of energy. Kuwait can place herself for such an contingency by puting in the relevant biomass transition engineerings. The state could, for case, put in power workss which use wood energy which is burned to bring forth steam. This steam is in bend channeled to turbines to bring forth energy. To prolong this manner of energy production, there requires a sufficient supply of biomass. Engendering workss that produce high sum of biomass can accomplish this. Klass, ( 2004 ) has identified peculiar works species that can accomplish aid achive this. Such workss include the alone herbaceous biomass workss and other intercrossed vegetations, which he refers to as ‘energy workss ‘ . Klass, ( 2004 ) has explained a manner of guaranting a changeless supply of biomass for biofuel. This is by guaranting that a new growing of biomass will readily come up in topographic point of the biomass collected for energy production. Bio fuel usage has an extra advantage in that it has does non foul the environment and displaces the usage of fuel. When used in concurrence with coal or wood, bio fuel reduces the sum of harmful gasses released to the environment. Bio fuel usage could besides cut down the rate at which dodo fuel is being depleted from Earth. Ethanol fuel Closely related to bio fuel is usage of ethyl alcohol. This ethyl alcohol as gotten from workss such as sugar cane, wheat and maize and can be used for fueling vehicles. Puting up workss for ethyl alcohol harvest home is comparatively inexpensive. However, acquiring a changeless supply of ethanol bring forthing workss would necessitate a considerable resource allotment. The procedure of production of energy is besides quit dearly-won, as it requires fuel. The fuel used in bring forthing ethyl alcohol may besides ensue in production of gases, which may foul the environment. Decision The potency is at that place for Kuwait to research other option of energy production. The implicit in factor in all these options is some kind of support for research every bit good as initial set up. The authorities of Kuwait can make this either straight or by offering fiscal inducement. Exhaustive cost-benefit analysis is besides necessary to set up the viability of each option. Any option that Kuwait takes would an of import enforcement to the current grid capacity which is dominated by natural gas and oil. How to cite Potential renewable energy sources for kuwait, Essay examples

Global Economy Entry by Foreign Firms

Question: Discuss about a Case Study on Entry by Foreign Firms? Answer: In an integrated global economy, the fortunes of national economy are no longer driven by internal factors but are increasingly being dominated by external factors especially global shocks. This is particularly so for developing countries whose extent of capital inflows and outflows especially in the emerging equity markets is severely dependent on the underlying macroeconomic strength of the developed nations particularly US and Eurozone. As a result the domain of economic policy making is increasingly becoming more challenging as the monetary and fiscal policies typically tend to become reactive to the global happenings which have profound impact on the domestic economy. This leads to enhanced level of vulnerability for the emerging economies which is most evident in the frequent fluctuation of exchange rate which to a large extent is driven by global factors. In this background, the aim of this essay is to explore the impact of international capital inflows on exchange rate determ ination in the context of emerging economies and thus comment on the implications for policymakers of these economies. In order to analyse the above thesis, it is quintessential to define the various constituents of capital inflows which are of significance for the discussion with regards to exchange rate. There are primarily four types of capital inflows that are likely to have an impact on the exchange rate namely Foreign Direct Investment (FDI), Foreign Institutional Investors (FII i.e. who invest money in domestic securities), remittances and raising debt or equity capital from abroad for domestic consumption by corporate and governments. In the period leading up to 2008 i.e. the global financial crisis, there was a substantial amount of capital inflows that were being invested in emerging economies particularly the BRICS nations on account of their superior growth prospects and sound economic fundamentals which is apparent from the graph shown below. Source: IMF (International Monetary Fund) There have been a plethora of studies which have tried to analyse the impact of FDI inflows on the domestic currency in the context of emerging markets. In an influential study conducted by Chakrabati and Scholnick (2002), it has been found that FDI inflows tend to result in the appreciation of currency in the short run. This is clearly on expected lines as FDI inflows would enhance the demand for domestic currency (as investment in the recipient nation can be only made in domestic currency) and thus the domestic currency would appreciate against the given foreign currency. However since FDI is typically meant to make a productive investment in the recipient country, the concerned money is not hot money and hence used for acquiring tangible assets which could further be used in production of a particular good or delivering a service. As a result, this does not cause much volatility in the exchange rate regime as FDI outflows are not very frequent as liquidation of existing assets is not easy (Campa, 1991). Additionally as is evident from the graph shown above, even at the peak the total FDI in emerging economies was $ 350 billion out of which nearly 33% was received by China alone. Since China has a pegged currency hence the huge FDI inflows do not have any measurable impact on Chinese currency while the remaining quantum of funds is not huge considering the size of emerging economies. Therefore in the short run, FDI do not contribute much to the volatility and determination of exchange rate in the emerging economies and hence do not contribute significantly to currency vulnerability (Chakrabati and Scholnick, 2002). In the aftermath of the 2008 global economic crisis, the West led by the US adhered to a exceptionally loose monetary policy with near interest rates along with pumping money into the system in the name of quantitative easing (QE). As a result of this ample liquidity available in the system, huge investments in the securities market of emerging economies were witnessed as these were much more resilient than the weak economies of the West (Fillingham, 2013). In this regard, it is prudent to take the example of India which is one of the largest emerging economies, placed just after China. The FII investment in the Indian capital markets is summarised in the data shown below. Source: SEBI Annual Reports (All figures are in INR crores) It is apparent from the above graph, that the highest FII inflows in the Indian stock market was witnessed in the year 2009-2010 and 2010-2011 i.e. in the aftermath of the global financial crisis due to ample liquidity available in the system with lack of attractive investment avenues. In this background, it is prudent to represent that currency movement of INR (Indian Rupee) with respect to USD which is depicted in the graph shown below. Source : Trading Economics Website From the above graph, it is apparent that as the global financial crisis reached its peak in 2008-2009, the FII which are primarily based in the West started liquidating their portfolios and pulling out money from emerging economies which is apparent in negative FII inflow in India. As a result there was a depreciation of Indian Rupee (INR) as is apparent from the graph shown since the demand for USD increased against INR thus causing appreciation of USD (Morgan, 2011). However after the central banks in the western countries intervened to pump huge liquidity in the system, then this cheap money started getting invested in emerging economies security market in the year 2010-2011. As a result the demand for the domestic currency increased, which was accompanied by a depreciation of USD and an appreciation of the domestic currency which is also apparent from the above graph where in the year 2010 and 2011, the INR has appreciated against the INR. Due to this appreciation the central ba nks in the emerging economies had to make regular intervention so as to assure that the interests of the exporters were safeguarded since global demand was also low (Gagnon et. al, 2011). Hence in Indias case RBI had to sterilise this massive inflows of USD by buying USD from the open markets. Further starting from 2013 onwards, the US economy has shown signs of recovery due to which the Federal Reserve in a systematic manner has reduced the support in the form of quantitative easing which officially ended in October 2014 (Monaghan, 2014). As a result of this, the supply of fresh dollars in the market has decreased which has caused an appreciation of USD and corresponding decline in the other currencies. Further since the macroeconomic fundamentals are improving in the USA, the foreign investors are withdrawing their money from emerging economies by liquidating their portfolios so as to invest money in the US economy. This has increased the supply of the currency of emerging economies and is causing their depreciation in the last 2-3 years which is quite evident from the graph of four currencies (i.e. Indian Rupee, South African Rand, Russian Rouble, Brazilian Real) of biggest economies. From the period beginning in 2013 to the present all these currencies have differentia ted by more than 20% and in some cases up to 40% (Kaltenbrunner, 2014). Source: Trading Economics Website Source: Trading Economics Website Source: Trading Economics Website Clearly this sudden depreciation of currency in a short span of time is a worrying signal for the central banks of these emerging economies and thus this issue was even raised in the G-7 summit in 2014. Most of these emerging economies (except China and Russia) run a sizable trade deficit and hence depreciation of currency further widens that trade deficit by making imports dearer and thereby is deteriorating the fiscal position of some of these emerging economies which further puts pressure on the currency to depreciate further and thus spiral into a vicious circle like situation which needs to be prudently managed (Kaltenbrunner, 2014). Another component of foreign capital inflow which can potentially impact the currency rate is the remittances particularly that which is made by the diasporas living abroad. India and China have the most widespread diasporas and hence receive the highest remittance. While fundamental principles of microeconomics may suggest that this inflow would cause appreciation of the local currency due to the increasing demand for the local currency. However the more prominent impact of remittances is primarily indirect and the direct impact is rather negligible. As a result of this money sent by diasporas, the amount of money with the domestic population increases which results in increased spending and demand for various products and services which fuels inflation. This inflation tends to cause depreciation of the domestic currency vis-a-vis the foreign currency especially if the inflation differential between the nations is significant (Chami et. al., 2008). For countries like India and China, the remittances despite being large are only a fraction of GDP and thus are absorbed by the economy without causing any inflation and hence the impact on the currency is minimal. However for smaller economies such as Vietnam, Cambodia where remittances as a % of GDP are significant, the economy cannot absorb the money and hence thus causes inflation which has significant depreciating effect on the economy (Ekanayake Halkides, 2008). Further with regards to capital inflows in the form of either government or corporate borrowings, usually the quantum of these are not large to impact currency rate and also they are usually regulated by the central banks and the government especially after the ill effects of the Asian economic crisis in 1997 caused primarily due to full capital convertibility of their corresponding currencies. It can be inferred from the above that for emerging economies that capital inflows does have a significant impact on the currency rate and thereby presents a challenge to regulators and exporter/importer due to increased vulnerability and underlying currency volatility. However for most emerging economies, capital inflows in the form of portfolio investments or FII route is the troublesome component since this is essentially hot money whose directional flow is more dependent on the global factors rather than domestic factors as has been witnessed in the aftermath of 2008 global economic crisis which has significantly enhanced bidirectional volatility in the underlying currency of all emerging economies. As a result going forward, it is imperative that the central banks and regulators need to augment their foreign reserves so that the currency exchange rates may be managed and thus kept in a range in the short run so as to not impact the interests of the economy in an adverse manner. Additionally reasonable restrictions on capital flows may also be placed in the interest of domestic currency stability but the same should be done so as not to adversely impacting the inflow of foreign capital which has a critical role to play in the economy of these emerging economies. References Campa, J.M. 1993. Entry by Foreign Firms in the United States under Exchange Rate Uncertainty, Review of Economics and Statistics, Vol. 75, No. 3, pp. 614-622. Chakrabarti, R. Scholnick, B. 2002. Exchange Rate Expectations and Foreign Direct Investment Flows, Weltwirtschafiliches Archives, Vol. 138, No.1, pp. 1-21. Chami, R., Barajas, R., Cosimano,T., Fullenkamp, C., Gapen, M. Montiel,P. 2008, Macroeconomic Consequences of Remittances, IMF Occasional Paper No. 259, International Monetary Fund, Washington Ekanayake, E.M. Halkides, M. 2008. Do remittances and foreign direct investment promote growth? Evidence from developing countries. Journal of International Business and Economics,Vol. 13, No.1, pp. 23-32 Fillingham, Z. 2013. Quantitative Easing and Emerging Markets: A Crisis in the Making?, Geopolitical Monitor, Available Online from https://www.geopoliticalmonitor.com/quantitative-easing-and-emerging-markets-a-crisis-in-the-making-4885/ (Accessed on August 29, 2015) Gagnon, J., Raskin, M., Remache, J. Sack.B. 2011. The Financial Market Effects of the Federal Reserves Large-Scale Asset Purchases. International Journal of Central Banking Vol.7, No.1, pp. 343. Kaltenbrunner, A. 2014. Volatile international capital flows in emerging economies, The Broker, Available Online from https://thebrokeronline.eu/Blogs/Employment/Volatile-international-capital-flows-in-emerging-economies (Accessed on August 27, 2015) Monaghan, A. 2014. US Federal Reserve to end quantitative easing programme, The Guardian, Available Online from https://www.theguardian.com/business/2014/oct/29/us-federal-reserve-end-quantitative-easing-programme (Accessed on August 28, 2015) Morgan, P. 2011. Impact of US Quantitative Easing Policy on Emerging Asia. ADBI Working Paper 321. Asian Development Bank Institute (ADBI). Tokyo. Neely, C. J. 2010. The Large Scale Asset Purchase Had Large International Effects. Working Paper Series No. 2010-018D. Research Division, Federal Reserve Bank of St. Louis.

Ethical Issues in the Academic World

Top 10 Characteristics of Successful and Creative Women

Top 10 Characteristics of Successful and Creative Women If you haven’t seen Wonder Woman yet, add it to your to-do list: you will be newly inspired to kick butt and take names. If you want to be all the woman you can be and achieve the great things you know you’re destined for, then there are a few things you can try to increase your chances of world domination. Turns out, women who achieve amazing things tend to have a few traits in common. Here are a few that you can attempt to cultivate or recognize in yourself.1. AssertivenessIf you find yourself backing into requests or questions and/or constantly apologizing for yourself, then you might need to harden your assertiveness quotient. Trade in your inner pussycat for an inner tiger. Just try not to be too ferocious to over-compensate.2. EmpathyA lot of women think that â€Å"typically female† traits like empathy are to be downplayed, when instead they should be considered an asset. Empathy means you can listen and understand where other people are coming from- their needs and feelings and desires. Learn to be understanding and intuitive, without getting derailed by sentimentality.3. PassionYou may have lots of skill and experience, but without passion for what you’re doing, you’re likely not to elevate your work to the next stage. Loving what you do means innovating, striving, challenging yourself. And it makes the time you put in pleasurable and worth every moment of your journey to the top. Passion also brings energy, which you’ll need to persevere.4. ImperfectionTrying to be â€Å"perfect† or expecting perfection from those around you is a one-way ticket to everyone being miserable. Really successful women know this isn’t possible all the time. Embrace your flaws. Find people who complement your strengths. And keep your head down. Be the best you can be at each thing, then move on.5. PowerRise to the top. Once you get there, you get to write your own rules. You’ll find, paradoxically, that the higher up you go, the easier your life gets. You’ll have more control in the kind of workplace you create for yourself and your employees.6. FaithBelieve in yourself. Believe that you will be successful. Believe in your crazy ideas. And be ready to think on your feet in order to realize them. You could also call this ego- the confidence to get done what you need to get done (rather than the inflated head variety).7. AdaptabilityIf stress flummoxes you, then you might have a hard time in your rise to success. You’ll feel more capable of handling this amount of stress at different times, of course, but in general, the more you build up your tolerance the better. Find ways to make your life as restful, de-stressed, and easy as possible. And concentrate your mental energy on the work at hand, rather than hyperventilation.8. CourageWhat would you do if you had no fear? Taking risks doesn’t necessarily mean doing reckless things, but it does mean making calculated decisions and trying things that might be considered â€Å"risky.†9. Self careReally successful people rest as hard as they play. They take good physical care of themselves: exercising and eating right, taking mental health days if possible, and knowing when to say â€Å"no† and when to take alone time, etc. They’re able to step away from their never ending to-do lists and do something that will keep them going with enough fuel to keep powering through.10. GratitudeReally successful women realize that their success did not occur in a vacuum- both at home and at work. And they are able to say thank you and express genuine gratitude and appreciation to the people who have helped them get where they are. They treat their colleagues with kindness and respect and receive respect and admiration in return.

Alternate Work Arrangements Essay Example | Topics and Well Written Essays - 500 words

Alternate Work Arrangements - Essay Example Some of the possible negative outcomes for employers and/or employees related to alternative work arrangements include the challenges related to the appropriate functioning of such programs for employers as well as employees, dealing with issues related to the training of employees, supervision of work, and evaluation of employees’ performance. Besides, it becomes more difficult for the employees to maintain effective coordination with peers and bosses in such a work arrangement. In addition, some managers find it hard to adjust to such unusual working arrangements, and thus their efficiency and productivity might be negatively affected by them. What types of factors are influencing organizations to consider using alternative work arrangements? Explain how alternative work arrangements can address the problems/issues that are raised by these factors. There are three major factors that are influencing organizations to consider using alternative work arrangements, namely workers’ needs, expectations, and desires for greater flexibility in the workplace; fuel consumption and fuel costs related to commuting, and the impact of carbon footprint related to it; and the restrictive impact caused by the financial global crisis on the job opportunities. In the present age, when cost of living has increased tremendously, people not only need to have multiple sources of income in order to be able to make a living, but also need to acquire new skills and competences so that they become eligible for more opportunities. This places a need before them to pay due attention to academia as well as industry. In addition to that, people also have to take care of their families, and there are so many other commitments. All of these factors make alternative work arrangements a more convenient option for a vast majority of employees. Alternative work arrangements can address the problems posed by these factors by increasing the rate of employee retention,

The Ethics of Human Resource Management Essay Example | Topics and Well Written Essays - 2500 words

The Ethics of Human Resource Management - Essay Example are considered as inalienable rights for workers (Fredrick, 2002) and these can be considered as negotiable too (Koehn, 2002) (Watson, 2003). Human resources management is also expected to address the issues of discrimination such as age, race, gender, religion, disability, sexual harassment etc. often through the use of affirmative action. (Smith, 1997) In a similar manner the employees of an organisation have certain obligations towards employers such as privacy over intellectual property rights, whistle blowing etc. Employees are expected to deal with these issues on an ethical plane such that the interests of the employer are not transgressed upon. On the other hand, employers have certain ethical obligations towards employees such as workplace safety through either modifying the workplace or through providing training and protection from hazards in the workplace. Within the problems listed above, individual companies can be considered as independent because most of these considerations can be handled in house or with the help of little external help. However there are certain issues that may pervade the limits of a company or firm’s authority to deal with them. The realm of more pervasive economic issues such as trade policies, trade unionism, immigration and globalisation all possess some kinds of ethical dimensions but it is often beyond the power of an individual company to deal with them (Legge, 2007) (Morehead et al., 1997). There are a number of leading theories on dealing with ethical issues in the human resource management sphere including Kantian ethics, consequentialism utilitarianism, virtue ethics and justice ethics. Arguments have been advanced both in favour of and against these theories that tend to make human resources management ethical as well as an unethical field of practice. There is however no denying that ethics plays a large part in human resources management and in order to create a lasting and

Economic Transition Essay Example | Topics and Well Written Essays - 500 words

Economic Transition - Essay Example In addition, trade barriers are being lifted, the export portfolio is diversifying from oil to other products, and market forces are emerging as strong determinant of price and demand. The reasons behind this shift have their roots in the lessons, which the Saudi policy makers learnt from the crisis and recessions of 1980s due to fluctuations in the oil prices. Since then, slowly and gradually, the Saudi government has been trying to strengthen the oil sector and create a reliable banking system, which could provide credit facilities to the new foreign and domestic investors. Important here to understand that this transition is not complete yet it is had some impacts on the macroenvironment. Rather than controlling the country based on the feedback on family members and a few friends, the King has gone on to create a cabinet of ministers, which are experts of economic and financial affairs for policy making and suggestions. The administration has witnessed some retaliation from the s ide of the religious experts of the country because it is hard for them to digest that how can an Islamic welfare state adopt the western capitalistic policies but the administration has appeared firm on its decision to complete this smooth transition by the end of this decade (Ramady, 2010).

Price Discrimination: Concepts and Types

Price Discrimination: Concepts and Types â€Å"Please explain in details the concept of â€Å"price discrimination†, what are the different types of price discrimination. Explain with the use of examples.†   Ã‚   According to Phlips (1983, p.5) â€Å"the more one thinks about price discrimination, the harder it is to define.† Phlips (1983, p.6) suggests that price discrimination should be defined as† implying that two varieties of commodity are sold (by the same seller) to two different buyers at different net prices, the net price being the price (paid by the buyer) corrected for the cost associated with the product differentiation†. Another definition of price discrimination is â€Å"where a firm sells the same product at different prices† (Sloman, 2006, g.13). Geographical location, gender, race, age and income are some of the aspects in which discrimination among buyers may be established. In order for price discrimination to work, businesspeople must be incapable of buying goods at the lower price and reselling them at a much higher cost. The firm or company must have to some extent, monopoly power and firms must be capable of classifying domestic and industrial consumers (Economicsonline.co.uk, 2014). Laws against price discrimination have pursued to hinder its use by one business retailer driving out another competitive seller â€Å"bankrupt† by depreciating the rival in his own market, whereas retailing at a higher cost in other markets. (Encyclopedia Briticanna, 2014). There are three types of price discrimination. These are: first-degree, second-degree and third-degree price. According to Dwivedi (2006), the first-degree (also known as perfect price discrimination) is considered the â€Å"discriminatory pricing that attempts to take away the entire consumer surplus†. Investopedia (2014) defines consumer surplus as a form of economic strategy used to evaluate customer satisfaction. This is analyzed by exploring the difference between what customers are prepared to pay for each and every single good / service comparatively to the market price. Dwivedi states therefore, that only when the seller discerns the precise amount that a buyer is willing to pay for an item, (buyer’s demand curve) will first-degree price discrimination be deemed as successful. But how will the seller know this information? Dwivedi states that firstly the seller initiates the highest buying price that consumers are ready to pay (some may be willing to pay an elevated price while others at a lower price) and buy at minimum a unit of a product. Only when the consumer surpl us of this segment of customers is used up, the seller then progressively lowers the price so that consumer surplus of the buyers regarding the subsequent products can be obtained. An example of first-degree price discrimination provided by Cabral (2000, p. 170) is that of a doctor providing health care in a small town and who has ample information of all the people living in the town, particularly their financial status. Acting on this information, the doctor analyzes the client willingness to pay each fee and sets a suitable price. Another example provided by Cabral, is by aircraft. While certain manufacturers publish a list of fees for each airliner, in actuality each airline shells out a different cost for each aircraft. The graph image below shows a monopoly representation of the first-degree price discrimination. MC (marginal cost) and ATC (average total cost) are the regular curved shapes with MC traversing through the minimum point on the ATC curve. The solid line that slopes downwards represents the firm facing the market demand curve, which is identical to the firm’s demand curve, (D = d). The marginal revenue relates to the firm’s demand curve, (d = MR) since the company expenses every customer the highest price he / she is ready to make. At the output level, profit maximization happens; matching to MR equals marginal cost. Plast represents the price for each and every last unit of product sold. Subsequent units have a higher price. The end profit for the company adds up to the profits received for every unit subtracted from the ATC per unit (ATC0). The shaded area displays the total profit earned since the price for every unit is the highest price as established from the demand curve. Graham (2013). According to Mukherjee (2002), second-degree price discrimination is where prices vary depending on the amount of output bought by each consumer. This is also known as â€Å"volume discounting†. The seller incurs a higher â€Å"per-unit† cost for the lesser units sold while for the larger amount of product are sold at a lesser per-unit cost. Similar to the first-degree price discrimination, the company will result at a quantity of output where the marginal costs are covered by the prices charged. The objective of the seller is to draw out not the entirety of the consumer surplus, but just some of it as profits along with a remaining surplus. Ruby (2003). An example of this type of discrimination is the different prices charged for different sizes of cereal. Another example of this type of discrimination is the discounts found in stores; for instance a shoe store would advertise a list of shoes that qualify for the discount, where if a customer purchases one pair of shoes the other one would immediately grant that he/she gets a discount off the other pair of shoes. The illustration below represents a graph of second-degree discrimination. Ruby from digitaleconomist.org, utilizes an example of a company charging a variation of three prices for one item. He points out that if a user decides to purchase Q0 units then the cost P0 is charged for each unit of the good. For a larger quantity Q1 a lower charge P1 is made and for quantity Q*2 the price P2 is charged. â€Å"(the level of output such that P2=MC (Marginal Cost)† The third-degree price discrimination occurs where a firm is capable of dividing its consumers into different markets and charging different prices. Or in other words, charging different fees to each customer class. Each market is distinguished by exceptional â€Å"demand† characteristics. It is noted by Ruby that some of these particular markets may be â€Å"less† price sensitive in correspondence to others where the quantity demanded is more â€Å"sensitive† to cost alteration. This form of discrimination is very similar to second-degree price discrimination. An example provided by Managerial Economics, Hirschey (2009), is that a bus company may incur a lower fee and apply this type of price discrimination towards senior / aged people, as well as the disabled / handicapped individuals. This will therefore benefit these particular customers, providing a great service to ride the bus. Due to the increase of revenue earned from these passengers, the bus company may provide additional services such as going off route (routes that could not be maintained by the income from those full-fare customers only or it may be capable of functioning with a lesser taxpayer subsidy. References Phlips, L. (1983).The economics of price discrimination. Cambridge [Cambridgeshire]: Cambridge University Press. Sloman, J. (2006) Economics, (6th Ed). Prentice Hall/Financial Times. Economicsonline.co.uk,. (2014). Price discrimination. Retrieved 15 September 2014, from http://www.economicsonline.co.uk/Business_economics/Price_discrimination.html Price discrimination. (2013). Encyclopà ¦dia Britannica. Encyclopà ¦dia Britannica Ultimate Reference Suite. Chicago:Encyclopà ¦dia Britannica Dwivedi, D. (2006).Microeconomics: Theory And Applications.(1st ed.). 327. New Delhi: Pearson Education. consumer surplus. (2014). Investopedia.com – Your Source For Investing Education. Retrieved September 15th, 2014, from Investopedia.com: http://www.investopedia.com/terms/c/consumer_surplus.asp Cabral, L. (2000). Introduction to Industrial Organization.(1st ed.) Cambridge, Mass. MIT Press. Graham, R. (2013). Managerial Economics For Dummies. (1st ed.). [Graham, R. Graph of First Degree Price Discrimination]. Retrieved September 15th, 2014, from: http://www.dummies.com/how-to/content/basics-of-firstdegree-price-discrimination-in-mana.html Mukherjee, S. (2002). Modern Economic Theory. (4th ed.). New Age International. Ruby, D. (2003). Price Discrimination. Retrieved September 15th, 2014, from: http://digitaleconomist.org/pd_4010.html [Ruby, D. Graph of Second Degree Price Discrimination]. Retrieved September 15th, 2014 from: http://digitaleconomist.org/pd_4010.html Hirschey, M. (2009). Managerial Economics. (1st ed.). Mason, OH: South-Western Cengage Learning.

Schizophrenia Essay -- Schizophrenia Essays

  Ã‚  Ã‚  Ã‚  Ã‚  During the 1950s, mentally disordered people who were harmful to society and themselves could be treated with medications and were able to return safely to their communities. During the 1980s, the cost of health care increased more than any other cost in our national economy. As a result, strategic planning has been made to reduce costs. â€Å"The political decision made to deinstitutionalize chronic mental patients started with the appearance of phenothiazine medications. Dramatically reducing the instability influenced by psychosis, these medications were of great significance to many individuals with serious mental disorders. At both the state and federal levels, legislators looked at the high cost of long-term psychiatric hospitalization. Social scientists guaranteed them that community-based care would be in the best interests of all concerned: the mentally ill and the general, tax-paying public (Barry 13).† It was believed that a social breakdown syndrome would develop in chronically mentally ill persons who were institutionalized. The characteristics of this syndrome were submission to authority, withdrawal, lack of initiative, and excessive dependence on the institution.   Ã‚  Ã‚  Ã‚  Ã‚  While deinstitutionalization was kindhearted in its primary logic, the actual execution of the concept has been greatly undermined by the lack of good community alternatives. At this time a large amount of the individuals using community mental health treatment services are the homeless. Nearly half of the homeless are chronically mental ill. These individuals are often separated from their families and all alone on the dangerous street. These homeless schizophrenics stay away from social structures such as community health treatment centers. Since they start a new life of independence they often stop taking their medications, become psychotic and out of place, and begin to live on the street. Since the schizophrenics are deinstitutionalized they are thrown into a whole new world of independence. Since their brain functions different than the usual human being they can't cope with the problems of life. The schizophrenics drive themselves crazy wanting to kill themselves and others in order to escape from this perplexing world.   Ã‚  Ã‚  Ã‚  Ã‚  Schizophrenia is the most common psychoses i... ...around because states are closing their mental institutes for financial reasons. Even though the cost of mental institutes are high, the schizophrenics are better off being kept in them because they could cause a huge uproar on the streets. Without the mental institutes the schizophrenics will get worse because they are unable to live independently. Many schizophrenics might even be harmful to society because their brain is out of control. The paranoid schizophrenics could go on a rampage and try to kill everyone in sight because they think that everyone is out to hurt them. This could be the future of our world if we don't take time to treat these schizophrenics who desperately need it no matter what the cost. Works Cited Barry, Patricia D. Mental Health and Mental Illness. Philadelphia: J. B. Lippincott,   Ã‚  Ã‚  Ã‚  Ã‚  1994. Coon, Dennis. Introduction to Psychology. New York: West Publishing Company, 1995 McCuen, Gary E. Treating the Mentally Disabled. Hudson, Wisconsin: Gary E.   Ã‚  Ã‚  Ã‚  Ã‚  McCuen, 1988. Varcarolis, Elizabeth M. Psychiatric Mental Health Nursing. Philadelphia: W. B.   Ã‚  Ã‚  Ã‚  Ã‚  Saunders, 1990.